the increase is what professional investors call a “fool’s rally” and a “bull trap.” The market is still in a downtrend. The most dangerous time to buy is in the “fool’s rallies” that happen repeatedly during a long term bear market.
Warren Buffet, who knows a bit more about stocks than our food stamp president, told us to buy stocks just before the market went down 3,000 points to where we are today, and Buffet like Obama is saying to buy now.
You heard it here: this is time to sell an stocks you have left, dump them and dump Obama.
Obama thinks passing a bill with $8 billion of earmarks is the way to revive the market!
Duh! Is this the same lying welfare leech who promised us no more earmarks?
Liar, liar, market killer!
Posted in 401k, bailout, barack obama, Blogroll
Tagged 401k, bailout, barack obama, bear market, Democrats, depression, dow jones, earmarks, economy, life, mortgage crisis, news, politics, standard & poors, stock market, stock market crash
After meeting with the new beggar to join “The New World Order” from the United Kingdom, Prime Minister Gordan Brown, our Food Stamp President said that it might be a good idea to buy stocks now!
Ladies and gentlemen! You have just heard the greatest sell signal in history.
When the welfare babies start telling us to buy stocks, it is time to sell any stock you have left.
The S&P 500 Index has broken through its support level of 700.
The next support level is 600 on the .spx.
If you have any stocks left, sell them right now,
Posted in bailout, barack obama, Blogroll
Tagged bailout, barack obama, bear market, depression, life, market crash, mortgage crisis, news, politics, recession, sell signals, stock market advice, stock market crash, stocks, technical analysis