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Discussion in 'Too Hot for Swamp Gas' started by mocgator, Jan 24, 2014.
Just when the experts were saying, "full sail ahead." Gotta love those Harvard MBA guys.
When moc posted this I said that this may be a buy signal. I was being facetious, but it does appear that our good friend mocgator's predictions may actually be an accurate contrarian indicator.
One thing is for sure. I may ask some people for investment advise around here but good ole Moc ain't one of them.
his post link is january 24th. as we know, things have changed since then.
I know the original post was over a month old. His implication was that the market was built on a house of cards and that the bottom was falling out. Moc was insinuating that we would be in for at least several months of a declining equities market.
A jobless recovery is only good when a D is in high office. Media brainwashing at its finest.
I'm not wild about this market right now, I think some bumps are likely, perhaps a retracement of the January lows before the market moves higher, perhaps a bona fide correction.
"The market can stay irrational longer than you can stay solvent."
John Maynard Keynes, (attributed)
English economist (1883 - 1946)