Yes I lost last week since Friday was a losing day and the shorts , the chart makers, the graph makers, the gurus, the pundits, the economists, and the analysts drove the market down. But this is what I don't understand:- (1)USA world's biggest economy (2)USA world's best economy (3)USA world's best market then how can the above mentioned people manipulate you into selling. Then we have low PE, no inflation, low interest rates, low fuel cost, lower unemployment, according to latest survey over 500 companies have declared so far and over 78.9% have met or beat expectations with about about 76% beating expectations. Next week is going to be huge but the above mentioned people are already trying to run the market down, please don't let them. We all know aapl is going to beat by a wide margin but the above mentioned want your shares cheaply so they want you to sell but they will resell the same shares to you in the Fall Season. They have been doing that for years because it is easy money while you and I (middle class) toil at their jobs. It is also important to know that we have positive GDP, the housing market is doing great and all industries comprising of the U.S. industrial base are doing great such as Tech, BIO, Health Sciences, Pharmacy, , , Blue Chip Transporation, Utilities, Airlines, Manufacturing, Aircraft , Autos, Banking etc. all
doing great. According to Fidelity Price Earnings are low as well. Then lets look at countries outside the
United States.. Both China and India are going at tremendous pace say 7.8% that is about 2.8 billion people and then add up the other countries such as in South East Asia and Japan and Australia and Newzland and the African Countries such as South Africa, and Egypt and Israel and the Middle East Countries such as UAE etc. and then the Euro Countries such as Poland, France, Germany and UK and then the Latin Amer countries such Mexico and then Canada . Now we are talking about 6 billion people . with a great
You know some countries have banned shorting from time to time. Germany and France are a good example. Buying stocks on Margin is actually more respectable profession wherein you are saying that the stock will rise. I am so against shorting that I have never ever shorted anything. I want to bless each and every company for it to grow. For GOD's sake people are involved. The livlihood of the employees, the livlihood of the distribution systems, the health of the patients and the delightfullness of the relatives and friends when the patient recovers and GOD's blessing comes upon the manufactuers and the scientists who work in the field of innovation, R & D and trials. The shorts only wish to scoop some quick dollars and then glee about it.
I am a middle class investor. I toil day in day out save some money and invesst in the stock market (gold is notg a good investment). So I buy GILD and some great mutual funds. I buy Gild from the open market because I like it's business model, it's products, its earnings and net revenue and it's balance sheet and it's future growth and it's PE ratio and it's contribution to the betterment of civilization and peoples' health.. I love for GILD to grow and grow it does. I am basically building a future for my kid and also money for retirement. So my hard working money is and should be "working for me". It is called "my capital investment". Now let me ask you something? What do the shorts, the economists and the analysts have to contribute to my betterment? What service are they officering me except running my investments down and making me poorer. Some say they buy caviar with the money they make. I don't and cannot afford caviar so I eat "lump" eggs. Others say they buy lobsters with our money . I cannot afford lobster tail so I buy monk fish. It is called the poor man's lobster. Please answer nicely and in a civilized manner. Mucho Thank you.
The shorts are having a field day with GILD. They have a choke hold on GILD and they love it because disgracefully it is easy money to be made. Case in point, last weekend I say a great and encouraging article about GILD and it's drugs and its sales and profits. It was very glowing indeed. It was very glowing indeed. Then yesterday the clowns from citi brought it down a little bit by removing it from the recommended list and then late in the afternoon a very encouraging article appeared "why GILD will rise". And yes GILD recaptured most of its loss for the day on this great article.. So GILD is in the midst of burmese python choke hold. We should send the python back to the gutter where it belongs by refusing to sell and cater to the whims of the shorts or and by buying more. "Practice what you preach". And yes I continue to buy more or buy a mutual fund with GILD as a major holding.