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#8
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"D.Duck" wrote in message ... "hk" wrote in message . .. Eisboch wrote: "Reginald P. Smithers III, Esq." wrote in message . .. I am trying to figure out why Harry is relishing the fact that any company is having a downturn. It has a negative impact on individuals who have stock in the company, retirees who depend on dividends for part of their income, it has a negative impact on the employees and the local and/or national economy. I guess Harry just enjoys seeing others hurt. I sincerely don't think Harry wants anybody hurt. He's in warm-up mode for November. Happens every four years. Eisboch Reggie is an idiot. I don't "relish" GM's bad news. It means more bad news for its remaining workforce. Thank god the Bush-GOP plan to "privatize" social security so individuals could invest in the flim-flam game called the stock market got nowhere. Historically the "market" returns an annual average 10% return. Is that flim-flam? I don't think so either. I average 12%. Have 80% in cash right now looking for a bottom. But should have put out more shorts. It really comes down to this. If the democrats win, the market will have a short term gain until the democrats will have to come clean on how they will pay for promises. Then the market will continue losses until people figure out credit-card-debt-print-money management does not work. Which is really what this downturn is all about. Someone put a pin in the debt balloon. And to make it worse, we have a credit card generation flat broke out there that want those that saved to pay for it. |
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