Thread: Stocks
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Old 08-09-2009, 10:43 PM
JJP JJP is offline
Gulfstream Park
 
Join Date: Jun 2006
Posts: 1,220
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Right now the biggest moron is the guy who will jack up the deficit from $560 billion when he took office last January to $1.8 trillion by the end of this year......and over $10 trillion within 6 years if his healthcare and cap & trade, tax and destroy America go thru.

As for the original topic of the thread, Stocks, I've enjoyed this run up but have started taking money to the side in the past 2 weeks and will continue to do so. This rally is nothing more than a technical rally off extremely oversold lows from last March. The economy is still awful; banks aren't lending, consumers aren't spending (except for car buying now instead of 6 months or a year from now) and commodity prices are rising. The crash is coming. Not exactly sure when but I would guess sometime before 2010.
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