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I'm feeling pretty bullish on stocks right now

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mdmc Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 05:51 AM
Original message
I'm feeling pretty bullish on stocks right now
I don't have any investment cash, but I do have some 401k deal. I've been thinking of throwing my 401k into the stock market after then next crash/"adjustment"..

I know it bucks the trend, but I am in for the long haul..
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Tunkamerica Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 05:53 AM
Response to Original message
1. as opposed to the short-term 401k's?
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mdmc Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 05:55 AM
Response to Reply #1
2. lol
yes
as opposed to short term 401k..
lol
thanks for the reply :)
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Chemisse Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 06:03 AM
Response to Original message
3. Not a bad idea, especially if you are young and have time to let
it all play itself out.
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HereSince1628 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 06:32 AM
Response to Original message
4. Someone's got to step up and save those stock deals for CEO's
Just the thought of higher taxes yields from the millionaires crashed the market.
It's a moral duty for people who demanded blood from the upper class.


:sarcasm:
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MadHound Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 06:34 AM
Response to Original message
5. Wait until today's jobs report comes out,
If it is up significantly, then the markets will drop even more.
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GliderGuider Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 06:44 AM
Response to Original message
6. Not me.
I think this is the next step down on a descending staircase that's going to keep unwinding for "a long time".

My short-term prediction is for incredible volatility, with a downward trend.
My medium term prediction is for one or more partial recoveries during which values will rise, but not to the previous highs, then fall back below previous lows.
My long-term prediction is that we are have started down a "Stairway to Hell" as the whole global industrial enterprise resets toward a much lower sustainable level of activity.

The market has been far too opaque and volatile for my risk tolerance since the middle of 2008.
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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 06:48 AM
Response to Reply #6
8. More frequent and severe recessions, that eventually become a lingering depression......

...... that was a prediction in the film "The End of Suburbia", and it seems to be playing out to the letter.


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GliderGuider Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 07:11 AM
Response to Reply #8
9. Exactly. Jim Kunstler saw the socioeconomic consequences early on. nt
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RagAss Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 06:46 AM
Response to Original message
7. "Buy when there's blood on the streets." - some old rich guy.
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 07:24 AM
Response to Original message
10. My son and I scraped together some money yesterday and are buying today
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