ezmoney's Account Talk

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How about that market we get to make money and loose twice as much! Yeah we are cooking with gas now, although I prefer charcoal. Yep this world debt sooner or later has got to take the feet out from under all of us. Every country in the world is borrowing money from country's that have no gold standard to back up it's currency. In other words the world is broke and the countries that are borrowing all of this money will still not be able to pay it back. It has got to come to ahead sooner or later. Then major chaos!:worried:
 
Back on the bicycle today. It will take a week or more of up days to recapture what we have lost. Today we will get a small portion back and if any indication of past performace we will lose half of that tomorrow and we are still in the hole.:(
 
Just think of the profits I'll make over the next several years by being a contrarian investor buying BP.
 
Birch, What do you think the prospects are that BP will be hurt badly enough that they could be acquired by one of the other giant oil companies? Especially if drilling in the Gulf is restricted?
 
BP is a global company with an extensive positive balance sheet - this noise is overdone. The price may even drop more and I plan to dollar cost into it all the way down to $10 if it goes that low. No one remembers when BAC was at $3.00 but I do because I threw money at it on the lows along with many other banks. This is when I do my best work.
 
Birchtree said:
BP is a global company with an extensive positive balance sheet - this noise is overdone. The price may even drop more and I plan to dollar cost into it all the way down to $10 if it goes that low. No one remembers when BAC was at $3.00 but I do because I threw money at it on the lows along with many other banks. This is when I do my best work.
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Good luck to you! Takes guts to buy when there's blood in the street.:worried:
 
Scout333 said:
Good luck to you! Takes guts to buy when there's blood in the street.:worried:
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Especially with what has happened. Now BP is at a 14 year low pps wise.

BP may be in for a symbol change. BPQ

IMO it is way way to premature to be buying BP yet. :sick:
 
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One crumb @ a time will take a long time to get the pie back. I'm hangin tough. Trying to get some of the pie back then I think I will bail @ this rate though I might not get it all back and may have to bail anyway. Every country is suffering and sooner or later their has to be a payday all of this stimulus has not stiumulated one thing other than to prove every country is in over it's head with know way of paying back it's debt yet continues to borrow and spend.:notrust:
 
I'm not a fish but sometime I will bite, I just don't want to do it because I'm board with the "G" Fund.:cool:
 
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nnuut said:
I'm not a fish but some tine I will bite, I just don't want to do it because I'm board with the "G" Fund.:cool:
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Yeah, same here nnuut but it gets a bit frustrating when the market goes up but goes down by twice as much then up half as much a then down by quarter then back up full swing and the cycle starts all over again. Kind of makes you dizzy on the roller coaster ride.:D
 
I know how that feels. Feelings should be out of the picture, that's a hard one.:suspicious:
 
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