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Old 05-08-2010 | 06:40 AM
  #11  
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From: Burning the Agitprop of the Apparat
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My favorite from the article, from the wishful thinking department: "One government official said the activity reinforced worries that “the market has outpaced the ability of the infrastructure to handle it. We have detached finance from the real economy and created a monster.”



They all listened to the beautiful machines as they quietly calculated by the nanosecond, confident their motives and fears were well hidden. They were both surprised and embarrassed when the machines betrayed both their intent and fear at odd moments though.

Last edited by jungle; 05-08-2010 at 07:02 AM.
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Old 05-08-2010 | 10:27 AM
  #12  
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From: B-737
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Originally Posted by undflyboy06
The DJI is currently hovering around 10,400 right now. Hopefully it will stay around 10,500 by the closing bell. I was hoping that things were starting to turn in the DJI with the slow gain over the past couple of months.

Guess I have to go even more conservative now, and move even farther away from stocks and switch to bonds.
If you think bonds are safer than equities, you need to find a good Financial Advisor you trust. This fallacy couldn't be farther from the truth. Especially with high inflation on the near horizon.
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Old 05-08-2010 | 05:50 PM
  #13  
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Originally Posted by CALTanker
If you think bonds are safer than equities, you need to find a good Financial Advisor you trust. This fallacy couldn't be farther from the truth. Especially with high inflation on the near horizon.
The real question is what is safe? Is it safe? Marathon Man. The machines quietly continued to run, they couldn't care if they exposed the truth by accident on occasion.

If you are walking down the tracks and a train is coming, you have to step out of the way. Your will and flesh can never stop what is coming.
The train was set in motion a long time ago.
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Old 05-08-2010 | 06:06 PM
  #14  
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Originally Posted by jungle
The real question is what is safe? Is it safe? Marathon Man. The machines quietly continued to run, they couldn't care if they exposed the truth by accident on occasion.

If you are walking down the tracks and a train is coming, you have to step out of the way. Your will and flesh can never stop what is coming.
The train was set in motion a long time ago.

Marathon Man?

Neurotic?
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Old 05-08-2010 | 06:08 PM
  #15  
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From: Burning the Agitprop of the Apparat
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Originally Posted by CALTanker
Marathon Man?

Neurotic?
Realistic. Time to get a little SA and a pragmatic view. It really doesn't matter to me, but the sooner we get an idea of the reality we are facing the sooner things will start to turn around. Most "financial advisors" won't tell you that, but that is why they are sitting in a crummy little cubicle instead of fishing on their yacht.
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