me thinks that 12k will wait until wed open. to show how much
the mkts (aka spin doctors) 'liked' tonight's state of the union
speech. then the ensuing selloff can be blamed on FOMC. sounds like
a plan to me.
they are saying Obama wants to freeze spending for 5 years. At
these levels, I am pretty sure the USA is bankrupt before that 5
years is over.
Maybe that is what the USA should do...borrow and spend and then
just say , oh sorry we're not paying anyone back. Then a
dictatorship can run the USA for 10-15 years and sort things out.
Ok maybe not a dictatorship, just the Chinese?
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dow 12k
International trend breaks - longer term plays
Posted by hazbin1 on 25th of Jan 2011 at 03:30 pm
me thinks that 12k will wait until wed open. to show how much the mkts (aka spin doctors) 'liked' tonight's state of the union speech. then the ensuing selloff can be blamed on FOMC. sounds like a plan to me.
they say
Posted by perthx on 25th of Jan 2011 at 03:40 pm
they are saying Obama wants to freeze spending for 5 years. At these levels, I am pretty sure the USA is bankrupt before that 5 years is over.
Maybe that is what the USA should do...borrow and spend and then just say , oh sorry we're not paying anyone back. Then a dictatorship can run the USA for 10-15 years and sort things out. Ok maybe not a dictatorship, just the Chinese?