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Strategies & Market Trends : Stock and Bond Market-Timing: Can it be Done? -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (162)1/25/2009 2:59:11 PM
From: octavian  Read Replies (1) | Respond to of 3605
 
Skeeter Bug said:

<<temporary is fine. ;-) i bought TBT and it promptly fell 16% in 2 weeks. i bought my 2nd third and now it is higher than when i originally purchased it. this is *exactly* why i buy in thirds.>>

--What do you do if something you buy goes straight up, or goes up a little and then trades in a range for a long time?
If it goes straight up, it seems to me you're stuck with 1/3 of a position even though you were 100% right.

<<i see bubble and i'm going to sit back and wait for it to pop. doubling money supply every two years amidst a sharp fall in production will *eventually* lead to some serious inflation.>>

--Not all experts agree with that. Many, if not most (it seems to me) believe that inflation is a threat but not a given.

<<or if China relations go sour... and Obama is working on that with his claims China is manipulating their currency (true or not, you don't make your financial masters mad).>>

--I suspect they were just putting out a feeler. I doubt if they will try to get tough with China--especially not now.

<<the only concern i have is that this feels like taking candy from a baby - so the ease with which this ought to play out concerns me. it shouldn't be this easy, so i think i might be missing something.>>

--Well, the internet nuts also thought it was easy! -:)
So did the home flippers. In the late 90s, Jimmy Rogers was 100% certain we would "never see rates below 6% again in our lifetime" (so certain was he of inflation). Now YOU are certain of inflation. Hmmmmmmmm.

<<or, perhaps, people are *really* that stupid... you know, like leveraging to buy liar loans at the top of a housing bubble.>>

--Some people are definitely that stupid. I don't think the "markets" are that stupid.



To: Skeeter Bug who wrote (162)1/26/2009 4:23:53 PM
From: Boca_PETE  Read Replies (1) | Respond to of 3605
 
Skeeter Bug, Somehow from your recent posts I get the sense that you and I agree on many of the points this article raises.

Peter Schiff: U.S. Debt Bubble Will Pop

moneynews.newsmax.com

Why do schools of whales irrationally beach themselves in a transparent act of self destruction? Is it a virus that infects, or, some kind of cancer that develops?

Why do countries at the height of economic prosperity suddenly act irrational and take off on a transparent course of self destruction (national suicide, if you will, like the fall of the Roman Empire)? If the reason is greed and power, what money and power will be left in the economic ruins of the country? This history of the failed results of FDR's huge tax increases and spending programs to get us out of depression is not that old, yet the new administration seems headed in that irrational direction. The definition of insanity is doing the same thing and expecting a different result.

It's as if someone his injected a computer virus into the American psyche and it is systematically ruining everything around us.

P