REPORT ABUSIVE REPLY
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Message Subject
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Let's watch the Dow...
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Poster Handle
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Anonymous Coward |
Post Content
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What I saw today was a team effort between the PPT and the Whitehouse. Offering a measly $800 isn't going to do anything other than maybe, and thats a big maybe, pay you mortgage payment for a month. The market yawned and continued downard.
Its a matter of individual psychology. Yesterday it became too much for me and I hit the exits for several investments. I did retain, however, railroad, gold mining, oil and natural gas stocks and some funds.
A lot of people have to be hitting the wall with all this negative talk.
I personally think its a scare campaign to get congress to approve a bailout. Every time Wall Street gets in trouble they have the public bail them out. After 1929 it was FDR's New Deal. Peso devluation - taxpayer bailout.
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