JakeStarkey
Diamond Member
- Aug 10, 2009
- 168,037
- 16,522
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- #41
Where's all the conservative threads on the stock market? When it was going down, they were practically gleeful about it.
Well..now it's almost completely recovered.
No threads?
Guess this is something else President Obama had nothing to do with.
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The markets are going up because people are willfully suspending their skepticism about the EU resolving their sovereign bond problems, and do not realize it is mathematically impossible. They can drag it out perhaps for a couple more years, but FY 2013 is going to see some unavoidable difficulties if it hasnt happened by then.
Then this market will plunge by about 60% to 90% value.
It might but don't think so. It should plunge no lower than 7,000 and that is what I am pegging my future to for a wonderful senior retirement. If it does go to 5,000, we will be fine.