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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: puborectalis who wrote (92323)1/19/2010 6:22:17 AM
From: fred woodall5 Recommendations  Respond to of 94695
 
Proctorad I deal with that crowd practically every day in business and I can tell you the large majority are absolutely clueless as they are unaware the prosperity the last twenty years cannot continue to be subsidized. I think most are delusional. Pension plans and retirement packages that have allowed them to purchase vacation homes and live a luxurious life is coming to an end.

The only game left is the stock market, not only for them but the government for tax revenue. Stock market fails then we are going to be taxed into oblivion.

That is why so many affluent SI traders continue to remain bullish in this market. Because the alternative is "the end".



To: puborectalis who wrote (92323)1/20/2010 11:32:44 AM
From: scotty-d2 Recommendations  Respond to of 94695
 
They just have to cut expenses, no biggie...I live in a 13k trailer on my own lot in a nice neighborhood, my property taxes are $150 a year, my utilities are $200 a month....Freedom's just another name for nothing left to lose...I sleep good at night...ggg