DislikedHi, Lusan:
When DJIA was approaching 6000 points, I told you and feb2865 that it was a good time to buy stocks for long term investment (I suggested bank of America and City group). But none of you agreed with me, saying it was too risky. Now DJIA is even beyond my most bold estimate of 9k.Ignored
QuoteDislikedAcutually before you know the present bad consumption, huge deficit, economic trouble etc., the market already knew that very well and discounted already.
I agree.
QuoteDislikedUS is still the sole superpower in the world, and she has the most advanced technology, militery force, most efficient ecnomic and political system, most culture (think about coca cola and hollywood) influence. The industrial productivity, hi-tech creativity, tangible and intangible assets accumulated for several hundred years in US are still there, not gone like bubbles created by the greedy Wall street people..
I agree. USA is number one....Still watch how strong are these bear around the last weeks. We move from 1.24 to 1.44...and so fast...I am holdting tight to my gold.
QuoteDislikedIt takes time, 2 years or max. 5years to recover. But the market will discount that recovery about 6 months before it accully happens.
But why not better have an eye on China and India. I have some FXI and I might get some more.
QuoteDislikedWish I helped you.
My point is that the market is rallying while master O tell me that my taxes are going up...it does not look that the market really care about it...still who know...just mental guessing to entertain the brain while we wait for E/U to choose a direction right at ~ 1.4450 or 1.4700.
Thanks for the comment.
Empty as water and soft as a facing wind mountain