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| Does DOW bottom at 10,500 again? Posted by LSU7096 Where will the Odummy economy take us over the next 2 months? Back to credit downrating lows? Pulled out before election @ $13,600 and Dow is heading $1000 below that mark, how much lower will it go? LSU Russian, where would be the best place to put ~$400k into when we hit bottom? Reply Back to Top |
| I'll take it. thank you very much. Reply Back to Top |
| You my rich uncle in Nigeria who will quadruple my money in 90 days? Reply Back to Top |
quote: Damn, you got one too? Reply Back to Top |
quote: You can find a better adviser than me to help you with that. I'm staying mostly in cash for a while. Reply Back to Top |
quote: Me too, may be the wrong move, as the Fed keeps propping everything up, but I got out a few months ago, and just staying on the sideline for a while... Reply Back to Top |
| The overall market goes on further discount over the next couple of weeks, then the negativity ebbs and stocks continue to prove to be the best investment over the next 3-5. Reply Back to Top |
| I predicted 10,400 in a post a while back. Im not vested right now in stock but want to get back in. Reply Back to Top |
| If. And a big IF, Congress and our president can engineer a comprimise before Jan 1, I think there is potential to miss out a fairly significant move to the upside. To me it seems like China's economy is "bottoming" out from their over publicized and dramatized "slow down" from 8.5%+ GDP growth to 7.5+? GDP growth. Honestly, safest bet IMO right now is in China, international bluechips Reply Back to Top |
quote: Lest anyone miss this - Russian is probably not in pure cash but in a MMF, which is simply very short-term notes. Duration matters. If you have cash to invest, do it short. If you want to borrow, do it long. Refi your mortgages now while the long term fixed rates are good. ETA: Yes, I know about Japan. This post was edited on 11/14 at 9:57 pm Reply Back to Top |
quote:Correct. I made an assumption the highly educated readers on this board know that I don't mean I have a storage cabinet full of hundred dollar bills. Reply Back to Top |
quote: I thought it was these... ![]() Reply Back to Top |
| Now Im going to be left with a hollow unconfortable mattress for following russian's advice. Who is going to fix all the holes in my yard from the buried cans? Reply Back to Top |
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| Would NOT surprise me in the least if we end the year with the S & P roughly flat or up slightly 1-2% year over year. The Financial Mockingbirds on TV will point out to the investing public that when you add in dividends, you are still much better off than putting your $$$ in CD's. Reply Back to Top Refresh |
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