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Re: Dow Down 170...

By: ribit in ROUND | Recommend this post (0)
Wed, 23 May 12 10:42 PM | 46 view(s)
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Msg. 41364 of 45651
(This msg. is a reply to 41358 by Decomposed)

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decomp
Obummer isn't going to let this collapse go on much longer without putting up SOME sort of a fight.

I would rather he flipped a coin to decide what to do instead of relying on his own best judgement.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!




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The above is a reply to the following message:
Dow Down 170...
By: Decomposed
in ROUND
Wed, 23 May 12 6:58 PM
Msg. 41358 of 45651

The Dow is down 170 to 12,337.

I'm hoping it doesn't recover this afternoon. I'm moving half of my 401(k) back into equities at COB today. This is an election year. Obummer isn't going to let this collapse go on much longer without putting up SOME sort of a fight.

It looks now as if we're approaching a key support point - 12,250. If it fails, the Dow will quickly drop almost another thousand points. (Which is why I'm only putting HALF the money in.)
 

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