Title: Prediction: Stock market to rally at least 500 points on Wednesday Source:
[None] URL Source:[None] Published:Nov 5, 2008 Author:Me Post Date:2008-11-05 00:31:01 by a vast rightwing conspirator Keywords:None Views:1943 Comments:122
Note: I correctly predicted Obama's landslide, many months ago.
Now, I predict that the stock market is poised to take off unless Double-you does something stupid again or shows up on the teevee and says something (by definition stupid).
The brokers are telling their clients to hold on, stand firm.
Meanwhile the broker has his loot stashed away long ago in a sock.
Been there, done that. The brokers, Series 7 License, do what their bosses tell them to do. Some are knowledgable, some rely entirely on what the "Research Department" tells them to parrot.
The better brokers, mostly at smaller firms, are probably telling their clients to get out yesterday.
If I had any money it would be OUT of the market right now.
There should be some great buying opportunities down around 2500 to 2000. The last time I was in the industry the market had just topped 3,000 and I thought it was over heated then. If you allow for real inflation since then the market is still at about 3000 or less.
I read somewhere that dems are thinking of taking 401K and other retirements accounts and putting them under SSA.
All the better to loot them. Silly commoners - thinking they could save for a secure future.
Also coal stocks have dropped into the tank, thanks to Obongo and he is not president yet.
To be followed with a carbon tax, despite their being a lot of science that says increased carbon dioxide levels actually benefit us, all green and growing things take CO2 in and give O2 out. Increased CO2 = increased farm production. Of course advanced science like that is totally lost on the "Green Gashouse Suckers". I even had one tell me it was irrelevant because it is for the "good of the earth". Of course the same person supports population reduction by whatever means as well - "for the good of the earth". They have thoroughly interiorized the propaganda and psyops and just regurgitate a recording which remains unexamined and accepted upon the basis of repetition only. If you asked them to explain the science they would be struck dumb(er).
The problem of course is that too many people will not think for themselves and are willing to promulgate a lie because it suits whatever irrational twisted agenda that individual has.