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SPDR S&P 500 ETF Message Board

  • face_full_of_filth face_full_of_filth Mar 7, 2013 7:35 PM Flag

    THIS IS THE FIRST TIME IN HISTORY THAT EVERYONE IS ALLOWED TO MAKE MONEY ON THE STOCK MARKET

     

    amazing! you can go long anything and it's guaranteed profits everyday! what a brilliant system! america rules!

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    • if you happened to start investing after crash number 2 in 2008 and kept it up in the rigt companies or just indexes you would be o.k., but if you were a portfolio investor since 1999, overall you would be suffering massive damage from the companies that got blown out of business and did huge damage to your portfolio. As of Dec. 2011, state pension funds have taken big setbacks from the 2008 crash. These funds will take months, perhaps 9 months to assess 2012, as they are now slowing way down their annual reviewing, I suppose wondering if there will be a third big blow it in 13 years. Wisconsin waited all of the way until November to report the prior calendar year performance, blaming it on the laws. Their five year averaging resulted in another annual huge cutback for pension plan holders, who are in a fund which is stupidly over invested in the wildass stock market. There is no reason any longer for these big funds to support the stock market.

    • Fruitcake, you are obviously NOT in the market.
      You also paper trade like Kibbles?

      The ONLY thing rising are a select number of ETFs.

      Commodities have been clobbered,
      many at multi-year lows.
      Techs are stalling.
      Retailers continue to struggle.
      Metals, like steel and aluminum, are at multi-decade lows.
      $BDI is at all-time lows.
      Financials are back to their 2012 highs.
      Whoever didn't sell at 2012 top is just breaking even.

      $HGX has not moved for a while.

      Only the airlines made a meaningful move since Obama got re-elected.

      Everything else has been a struggle.

      But, how would you know?
      You are probably just another CNBC cheerleader.

      No, I certainly am not insane to be in this charade.
      Happy to post from the sidelines.

 
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