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SPDR S&P 500 ETF Message Board

  • piezodude piezodude Feb 1, 2013 12:20 PM Flag

    New 401K money comes in at the beginning of each month

    can you blame them
    manipulation galore
    take the new money buy buy buy, jump the price and sell to them
    Employment numbers are bogus if you can believe Barron's Allen Abelson (previous editor).
    He speaks of the birth death ratio and a lot of nonsense they create, rather than publish the real numbers. Sounds like fraud to me. Don't massage the numbers for weather or time of year or birth death #$%$, just publish them.

    US government is taking in $2 T in taxes and spent $3 T. That's how good the economy is doing. They need to do this to avoid a total depression, but the national debt is jumping over a trillion dollars a year and the dollar and people's savings are being irradicated.

    I say we need tariffs to offset the 660 billion trade deficit, so they don't have to keep creating more money. And, create jobs. Do you create jobs by destroying the dollar, stealing from old farts retirement? No, time for tariffs. They said if NAFTA didn't work, they could reverse it, or do something else. Time for some jobs, not just fake numbers.

    Check out the RSI. Stocks go up and down. Time for a sell off.

    Sentiment: Sell

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