Make Safety a Priority.

Merl Haggard

Alfrescian (Inf)
Asset
Joined
Aug 14, 2008
Messages
2,110
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83
There's nothing wrong with being on the sidelines during turbulent time and a bear market.

We have to adjust our thinking from return on equity to return of equity.
 
yes that is very true.Learned ( i hope ) this the hard way. I have had lots of experience buying high and selling low :(

There's nothing wrong with being on the sidelines during turbulent time and a bear market.

We have to adjust our thinking from return on equity to return of equity.
 
yes that is very true.Learned ( i hope ) this the hard way. I have had lots of experience buying high and selling low :(

Can you beat HJ strategy of buying highest & selling the lowest?? or king midas in reverse, everything HJ touches turn to trash!
 
cant beat her la. Long before reaching that bar i would be holding hands with krafty at BR.

King Midas in reverse ....that's the Hollies. :)

Can you beat HJ strategy of buying highest & selling the lowest?? or king midas in reverse, everything HJ touches turn to trash!
 
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There's nothing wrong with being on the sidelines during turbulent time and a bear market.

We have to adjust our thinking from return on equity to return of equity.

there are plenty of trading options for those with a bearish outlook.
 
Down past 200 points and I doubt it will go up. Have to wait and see how Asian stocks open later today but expect the worse.


Dow plunges another 236 pts and will continue until Euro Zone has sorted out its debt mess.

A repeat of 2008/2009 collapse maybe coming around the corner if Germany continues to drag her feet.

France is next in line to get credit rating downgraded.
 
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Germany failed to get bids for 35 percent of the 10-year bonds offered for sale yesterday, propelling borrowing
costs in Europe higher and the Euro lower on concern that the region’s debt crisis is driving away investors.
 
Merl Haggard said:
Germany failed to get bids for 35 percent of the 10-year bonds offered for sale yesterday, propelling borrowing
costs in Europe higher and the Euro lower on concern that the region’s debt crisis is driving away investors.

Solution to Europe's debt problem is not just finding the money to pay for the debts of defaulting countries. It is the restructuring of all these economies so that any rescue money raised can be paid back in a later timeframe. Otherwise it will just be delaying the problem. This is a sticky problem that will take several years to resolve. Maybe the best way is to bite the bullet and disband the Euozone or just keep only a small number of quality members and start immediately on the re-building.
 
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