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SPDR S&P 500 Message Board

  • john11cv john11cv Aug 27, 2013 12:27 AM Flag


    Every time the market pulls back 3 to 4 percent, i put another 10k to work and i make another 2k in 6 months using upro. why there are banks, i haven't a clue!!!! what a waste of resources and money, right? the fed has literally destroyed a normal functioning market. when a market "cannot go down due to fed manipulation" it's a broken market and a broken financial system. it ends badly when the fed concedes that they made a "huge mistake and that qe1, 2, 3 and 4 only ballooned the wealthiest of american's brokerage accounts and bank accounts. the average joe and the below average joe are more broke today than when the financial crisis began. so the lesson is to just through your money into the stock market with upro and tqqq and go shopping for the rest of the day. and just keep repeating step one and two until you see s & p 500 level . . . 2300 in the next year or two. the fed "guarantees it", they "have to". it was ordered a mandate by the president of the united states. make everyone rich with stocks, forget every other asset, just support stocks with every available monetary tool. it's an over reaction but one to "capitalize" on.

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