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2013-06-20 1:15 PM

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Champion
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Alabama
Subject: The sky (market) is falling....
So the market is way down today. I've been thinking a crash...uh, I mean market correction, was coming. I April I pulled a bunch of money off the table. This move of course, kept the market growing strong! You're welcome! So do you think a correction or crash is coming? If so, the more imporant question, when?


2013-06-20 1:49 PM
in reply to: Rogillio

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Subject: RE: The sky (market) is falling....

Maybe this should be in Political Joe?

Are we talking short term or long term?

Short term--I'm guessing we'll see a correction of sorts in September--back to school shopping done, prop taxes due.

I'm intersted to see what grain and beans do this year.  If food prices continue to go up, that's going to make things more interesting, and I think more volatile in general.

Long term--We're uckfaed.

Cheers! :)

 

2013-06-20 1:51 PM
in reply to: Rogillio

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Evergreen, Colorado
Subject: RE: The sky (market) is falling....

Days like this make me wonder how stupid Wall Street is.

The Fed has pretty much said our economy is IMPROVING...so let's sell everything we own!  GET OUT!  NOW!  Before you lose all your money!

F'ing idiocy.  If the economy is IMPROVING you KEEP your money invested!!!!  I just don't get it....

2013-06-20 2:04 PM
in reply to: jldicarlo

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Subject: RE: The sky (market) is falling....
Originally posted by jldicarlo

Days like this make me wonder how stupid Wall Street is.

The Fed has pretty much said our economy is IMPROVING...so let's sell everything we own!  GET OUT!  NOW!  Before you lose all your money!

F'ing idiocy.  If the economy is IMPROVING you KEEP your money invested!!!!  I just don't get it....




The last time "The Fed" said something, the Chinese all errupted in laughter.
2013-06-20 2:11 PM
in reply to: jldicarlo

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Champion
10157
500050001002525
Alabama
Subject: RE: The sky (market) is falling....
Originally posted by jldicarlo

Days like this make me wonder how stupid Wall Street is.

The Fed has pretty much said our economy is IMPROVING...so let's sell everything we own!  GET OUT!  NOW!  Before you lose all your money!

F'ing idiocy.  If the economy is IMPROVING you KEEP your money invested!!!!  I just don't get it....




I was thinking the same thing. The only reason I can imagine people are bailing is becuase they THOUGHT the Fed was going to pull back and were so primed for a correction that they went ahead and bailed anyway.
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