Crash of 2011 happening now?

[nnuut]

The S&P did us a favor, if you can't see that you are BLIND!

 

[nasa1974]

The S&P did us a favor, if you can't see that you are BLIND!

Hopefully the American public see the truth and vote everyone of these morons out of office.

 

[nnuut]

Hopefully the American public see the truth and vote everyone of these morons out of office.

They really need to do something instead of deceiving the American Public with DO NOTHING actions designed to promote their political futures. I just hope that this is enough to force them into action, but I do know one thing the current Administration will do nothing but SPEND if we don't stop them.

 

[Warrenlm]

This link to a recap of Diamond's one minute talk about the positive works for now.
http://video.cnbc.com/gallery/?vide...wiZ1BhZ2UiOiIxIiwic3ltIjoiIiwic2VhcmNoIjoiIn0=

 

[clester]

They really need to do something instead of deceiving the American Public with DO NOTHING actions designed to promote their political futures. I just hope that this is enough to force them into action, but I do know one thing the current Administration will do nothing but SPEND if we don't stop them.

Funny how things never change. Each side thinks they are right and will argue over how to plug the leak while the boat sinks while blaming the other side.

They would rather let the boat sink than help. Phew our politics seems broken to me.

 

[law87]

does it disgust anyone else beside me that while our economy is crashing congress is on vacation?

 

[FAB1]

Maybe they have accomplished what they set out to do. Now rewarding themselves with a little R&R.

If effn this Country up IS their job, then their job performance deserves a big bonus. The political pond-scum isnt working
for you and me though.

 

[RealMoneyIssues]

Has anyone else noticed that the overall sentiment on this forum has gone down big this week??? Even PermaBull is sounding a little... I dare say, Bearish...

 

[jpcavin]

Has anyone else noticed that the overall sentiment on this forum has gone down big this week??? Even PermaBull is sounding a little... I dare say, Bearish...

I would too if my account lost that much value. But he is doing what I wish I had the money to do.....buy shares while they are low.
I only have my darn TSP to play with and there's not much I can do with it.

 

[Zebe]

Clester,
Thank you for your comments on this thread. I agree with all of them. Just wanted to say thank you. A few years ago when I discovered this website you were one of the first people that I followed on the tracker. I am now retired and owe that retirement to people like you and others on this board that let others see their moves and share their knowledge (wisdom). Thanks again to you and all the others that care enough about others to share what you know. God bless.

 

[Warrenlm]

Birchtree is buying more than shares. He is buying a future income stream at qualified dividends tax rates.

 

[clester]

Clester,
Thank you for your comments on this thread. I agree with all of them. Just wanted to say thank you. A few years ago when I discovered this website you were one of the first people that I followed on the tracker. I am now retired and owe that retirement to people like you and others on this board that let others see their moves and share their knowledge (wisdom). Thanks again to you and all the others that care enough about others to share what you know. God bless.

I wish I took my own advice sometimes. Thanks for the encouragement. Good to know I'm not alone.

 

[clester]

And congrats on retirement. I am loving it. Hope you are too.

 

[burrocrat]

Have one on me.

View attachment 14936

Stepping down to the Chivas 12 so soon James? Did you finish the '25' already or am I only worth half as much? I'll take it either way, riding bears is thirsty work. Thank you.

 

[burrocrat]

Has anyone else noticed that the overall sentiment on this forum has gone down big this week??? Even PermaBull is sounding a little... I dare say, Bearish...

This is a big mean old bear got a hold of us here, it can smell the fear. It ain't gonna stop rooting around for our change until the last of the hope is gone. That only happens with capitulation, and we're not there yet, too many doom and gloomers still running yesterday's race thinking they'll get back ahead tomorrow, they might, but not tomorrow. Let it all go is the only way to beat it, commit to riding it out no matter what throw it all in the wind, or sell sell sell and cower in the corner till it goes away. Just like a co-dependent relationship, cute and fuzzy little thing, as long as someone cares about it, it will keep coming back. We got to cut it loose, grab fur and start kickin ride it to ground or liquidate and PUI. Either way, yeehaw! That's what it's going to take. Here's to today, James is buying, and don't forget to thank the host.

 

[clester]

http://www.theonion.com/articles/area-loser-blissfully-unaffected-by-whims-of-stock,21109/

Awesome.

 

[clester]

http://www.smartmoney.com/retiremen...-boomers-1312766783432/?link=SM_hp_retirement

 

[burrocrat]

Just reading the news, Jamie Dimon says they're staying long Spain and Italy (that means US too) and they'll make more money when rates go up. Goldman expects more Fed leniency for a while. And Big Ben says let it ride until 2013.

So there's the playbook, and the snap count.

It may take a year and a half, but this is going nothing but up. The only thing is to pick the entry, except for those already there, but they'll get there too.

To win you have to put it all in and let it run.

 

[starfox182]

http://www.reuters.com/article/2011/08/11/idUKSGE77A02L20110811?type=companyNewsEXCLUSIVE-Bank in Asia cuts credit to French lenders - sources
http://www.reuters.com/article/2011/08/11/idUKSGE77A02L20110811?type=companyNews

S&P futures were up 2.5% and now down to -.085%, now it's up to the jobless claims...

 

[starfox182]

Europe Considers Ban on Short Selling
http://www.nytimes.com/2011/08/12/business/global/europe-considers-ban-on-short-selling.html?_r=2

Sure hope that doesn't happen, would America be next?