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To: blam

I read 3 or 4 of these doom and gloom forecasts a week here and yet stocks keep holding their own or going up.


3 posted on 08/09/2012 10:04:09 AM PDT by saganite (What happens to taglines? Is there a termination date?)
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To: saganite

Do you understand why they are going up?


5 posted on 08/09/2012 10:14:18 AM PDT by listenhillary (Courts, law enforcement, roads and national defense should be the extent of government)
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To: saganite

—I read 3 or 4 of these doom and gloom forecasts a week here and yet stocks keep holding their own or going up.—

Yup. I think they will skyrocket for the same reason they are up now: Inflation. i.e. stocks are not going up. The dollar is just losing value.


6 posted on 08/09/2012 10:14:35 AM PDT by cuban leaf (Were doomed! Details at eleven.)
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To: saganite

You read 3 doom and gloom articles each week, and I read 3 stocks are going to soar articles each week.

Can’t say how many times I bought or sold stock on some seemingly solid prediction and then watched the opposite happen. IOW they don’t know.

It is a bit of a scam because at some point they will be right and then they tout that “prediction” forever.


7 posted on 08/09/2012 10:20:07 AM PDT by Williams (No Obama)
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To: saganite

Stocks usually go up in an election year, because the majority’s preferred candidate is always likely to win. Thus the consumer psychology that things will get better is almost inevitable.


14 posted on 08/09/2012 11:12:42 AM PDT by DannyTN
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