Started By
Message

re: Can someone explain how the DOW is at 14,000 yet the Sky is falling

Posted on 2/2/13 at 9:57 am to
Posted by I Love Bama
Alabama
Member since Nov 2007
37732 posts
Posted on 2/2/13 at 9:57 am to
Historically the market always roars back before the economy. If history is any indicator, 2013 could be the start of something good.
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 2/2/13 at 10:09 am to
i love bama always read your posts, your a very insightful guy and I just want more info from you bc Im so lost...how is a good thing on the horizon when this is on the horizon....saw this on another forum and thought Id use it here

Lesson#1
*U.S Tax revenue: $2,170,000,000,000
*Fed Budget:$3,820,000,000,000
*New Debt: $1,650,000,000,000
*National debt: $14,271,000,000,000
*Recent budget cuts: $38,500,000,000

Let's now remove 8 zeros and pretend it's a household budget:

*Annual family income: $21,700
*Money the family spent: $38,200
*New debt on the credit card: $16,500
*Outstanding balance on the credit card: $142,710
* Total budget cuts so far: $38,50

I guess maybe its bc im a small business owner and I see things like this as being quite serious...I dont know...just confused about this huge rally, would I be a fool to go long UVXY right now as a hedge against my long positions
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram