Anonymous wrote:Anonymous wrote:Anonymous wrote:The markets won't drop because of Obama. the biggest political risk to the economy is war in the middle east. If you dont belirve me look hpw oil futures bouncedcip and down with every bit of newd on iran look how they shotvup when tge press was discussing an attack by israel and dropped when we started talking He is the least likely to allow war to happen.
This is dumb - Obama cannot control the stock market (who is he, God?)
When in May - GET AWAY!!! Pull the money out and put it back in around August if things don't look bad then. I'm already out. Better to lose 1% over the next few days or weeks than to lose 10% over the summer.
By way of background, I told everybody I know to pull the F out in January 2008. I didn't lose a dime.
He, is in his mind.![]()
Anonymous wrote:Anonymous wrote:The markets won't drop because of Obama. the biggest political risk to the economy is war in the middle east. If you dont belirve me look hpw oil futures bouncedcip and down with every bit of newd on iran look how they shotvup when tge press was discussing an attack by israel and dropped when we started talking He is the least likely to allow war to happen.
This is dumb - Obama cannot control the stock market (who is he, God?)
When in May - GET AWAY!!! Pull the money out and put it back in around August if things don't look bad then. I'm already out. Better to lose 1% over the next few days or weeks than to lose 10% over the summer.
By way of background, I told everybody I know to pull the F out in January 2008. I didn't lose a dime.
Anonymous wrote:The markets won't drop because of Obama. the biggest political risk to the economy is war in the middle east. If you dont belirve me look hpw oil futures bouncedcip and down with every bit of newd on iran look how they shotvup when tge press was discussing an attack by israel and dropped when we started talking He is the least likely to allow war to happen.
Anonymous wrote:Anonymous wrote:I moved to a cash position today. Smart or stupid?
I think trying to time the market like that doesn't work in the long run, but there's always someone with anecdata about how they avoided the last big crash.
Anonymous wrote:I moved to a cash position today. Smart or stupid?