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Message: Re: Why Plan to buy more
22
Dec 15, 2010 01:59PM
6
Dec 15, 2010 02:40PM

Thanks for the compliments twillight.. I actually bought into the market March of 09 for the same reasons.. A great depression 2.0 was priced in.. Fear all over the news papers and talk shows.. I thought what the heck if i will be starving to death in a few years anyway why not take a chance? lol .. and i got teck resources in the mid 4 dollar range because it had been sooo hammered. and a parts supplier linamar at 2.6 cents.. Although both droped like rock as soon as i got them. I turned off the tv (got tired of hearing of armageddon) and watched the oversold markets recover that year and made some great great gains. (not bad for my first major stock purchases) anyways what scares me now is you are seeing overall bullishness in the general markets.. Almost everyone is expecting this markets to continue to roar to higher highs despite massive gains the last year and a half.. The sentiment scares me alittle considering we still have 10% unemployment (dispite huge gains in the markets) and the US housing market is still a mess .... I will have to watch how January trades very carefully. Particularly Unemployment and housing.

3
Dec 15, 2010 04:08PM
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