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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (6958)	11/8/2007 10:21:55 AM
From: jim_p	Read Replies (1) \| Respond to of 50383

The trend was down for the S&P and the Dow and it's now down for the tech stocks as well after yesterday. Almost every sector is now in a bear market except gold. It's time to stay short and limit the profit taking to days of extreme sell offs. Stay short the market and long gold and stay with the trend. The price of oil will continue to rise until we see an increase in supply, or a decrease in economic growth. My guess is we are past the point of no return and economic growth will come to a screeching halt both here and abroad. The foreign markets are pricing in continued high growth and it isn’t going to happen. The price of oil is telling you that we do not have the supplies of oil that are necessary for the continued high growth of foreign economies. Housing bubble + Credit Crunch + high energy costs = market crash. Nice day yesterday!! Jim

To: SliderOnTheBlack who wrote (6958)	11/8/2007 12:45:10 PM
From: jim_p	Read Replies (2) \| Respond to of 50383

Ron Paul for President!!! He's got my vote, and contribution. Great questions and it's about _ucking time. QID up to 38.80 :-) Life is good. Jim

To: SliderOnTheBlack who wrote (6958)	11/16/2007 12:57:09 PM
From: RonMerks	Respond to of 50383

Slider- Fannie Mae -40% and crashing here? WHY ISN'T THIS A HEADLINE IN EVERY NEWSPAPER AND THE LEAD STORY ON CNBC TODAY? Fannie Mae just fell -40% since late September. An update of the chart you posted- Very sage observation about how Fannie held up through the initial subprime meltdown. Now they are falling much faster than the DOW and the Bank Stock Index the XLF on the downside. Are we still relying on selling Fannie & Freddie to our foreign friends like China and OPEC? If they won't buy- who will? FNM is signaling that something is very wrong. And since its a government sponsored enterprise 'GSE'- guess who gets to fund the bail out? You and me. 'Screw the revolution- we need a REVOLT!' Ron