Maverick...yes, we are old friends and as a friend, I respect your views...however, you are wrong on a few counts: a) on your comments that I stated some time ago that I was out of the markets, you are half right...I indicated back then that I sold MOST of my trading positions and moved a chunk of cash to real estate holdings and cash (now looking pretty darn smart if I may add!)...I still however, and as my profile indicates, hold core positions in SEBL, SUNW, SFTBF, VIGN, JDSU, QCOM, etc and most of these I have held for the past 3-4 yrs...I simply no longer do the daytrade or swingtrade thing both due to the day job and current market conditions...when I then stated "I wanted to go back to making money", I would love to kickstart some trading positions, but have waited until this election thing gets decided and will blow it off entirely if Bush gets in.
b)I agree that we will not know if Bush will be good or bad for the economy and hence my words about the devil you know is better than the one ya don't, but history DOES tell us that most of what George W was able to accomplish in the business arena was on the backs of his father's good name and ended up costing investors of companies he ran or deals he brokered big time money and history DOES tell us that Clinton/Gore have done just fine these past few.
c) When you infer that "slick willie and Sore Loserman" should not get credit for last 8 yrs, but rather that is all Mr. Greenspan's good work, I think you need to revisit the fact that it is the President of the US that determines who holds the position of Fed Chairman...Clinton says no to Al G, he's all done...and while Greenspan got his start in the Reagan era, Bill made the smart decision to keep him on board...his decision making helped make this economy as strong as it is today....also didn't hurt that Al G discovered the internet! |
