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Hey ATCJeff, I see that your signature is 3 years 5 months. As of November 23rd I have 38 years service. I do not want to get anybody mad but I am glad I am CSRS.
I like when Buffet speaks....
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http://news.briefing.com/GeneralCon...p.aspx?ArticleId=NS20081017115456HeadlineHits
Markets are higher on Buffet's comments.
The richest man in the WORLD is putting money into the stock market in hopes of making MONEY.
Richest man in world = Good at making money.
Want to make money => Do what he does
To me, it's just a matter of how high and how fast we go up. Economy is bad and I don't want to be in ahead of the early November jobs and economic data. I hope we can use the next two weeks to spawn a rally of some magnitude, perhaps get to 1050 or even 1100 on the S&P.
My $0.03 (inflation).
Malyla
Maybe he's trying to fulfill the role of a leader telling us we have nothing to fear except fear itself. Our professor only talks about what's wrong with society and our country.
He does alot of buying on the DCA model he holds true to! His leverage is substantial though. He identifies good companies with bad management and then either rescues them or brings them into the fold. He is an icon of patience when there is chaos afoot.Didn't he buy a whole lot when the market was 1000 points or more higher? We heard this then as well. Now we are 1000 points lower and he's doing it again? No garentee that the market will not drop another 1000 points soon. If you have a lot of money, you can take these big risks. Just ask Birchtree about that.:toung::embarrest:
My $0.03 (inflation).
Malyla
Didn't he buy a whole lot when the market was 1000 points or more higher? We heard this then as well. Now we are 1000 points lower and he's doing it again? No garentee that the market will not drop another 1000 points soon. If you have a lot of money, you can take these big risks. Just ask Birchtree about that.:toung::embarrest:
My $0.03 (inflation).
Malyla
Welcome back, we missed you brother. Where you been hiding?
I tried to get into yours but your old password: I_luv_Birchtree doesn't work![]()
was in mine 5 mins. ago... now it won't let me in...
I tried to get into yours but your old password: I_luv_Birchtree doesn't work![]()