Like GM. LOL

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Barack Obama is not My President

http://www.cafepress.com/rightwingmike

--- On Tue, 11/11/08, Larry Miller <richmondeagle@comcast.net> wrote:

> From: Larry Miller <richmondeagle@comcast.net>

> Subject: Re: [OT] Dow Jones Continues Obama Slide

> To: "ProFox Email List" <profox@leafe.com>

> Date: Tuesday, November 11, 2008, 3:26 PM

> That's conventional wisdom... which is almost always

> wrong. Sorry to say.

>

> When the foreigners stop buying our paper, our addiction to

> deficit spending will have to come to an end... unless we

> just print money. If we do that, all we'll get is

> inflation and even if the DOW hits 50,000, the money made

> will not represent much of an increase.

>

> Some certificates look interesting, maybe you can paper

> your walls with them.

>

> Larry Miller

>

>

> ----- Original Message -----

> From: Leland F. Jackson, CPA

> To: ProFox Email List

> Sent: Tue, 11 Nov 2008 18:35:59 +0000 (UTC)

> Subject: Re: [OT] Dow Jones Continues Obama Slide

>

> The stock market topped out with the DJ IA a little over

> 14,000, before

> it started its slide. I wouldn't be surprised to see

> the DJ IA go to

> 7,000, losing half its previous highs. The DJ IA is made

> up of 30 blue

> chip corporate stocks, (eg

> .http://nyjobsource.com/djia.html ). I'm

> guessing the average portfolio will likewise lose half its

> previous

> highs, before we hit bottom, but some portfolios will do

> better and

> other worse.

>

> All the losses are paper loses, unless the stock is

> actually sold, so

> I'm going to hold on to my stocks, selling as little as

> possible while

> the market is down. Also, I'll invest as much as I can

> right now, while

> stocks are down, then when the market recovers, I can

> splurge and enjoy

> some of my gains. I'm strictly a long term investor.

> Right now the

> DJIA is at 8,628.25 down 242.29 or 2.73% for the day. Over

> the next 10

> to 15 years years the DJIA will probably go to 28,000.

>

> Regards,

>

> LelandJ

>

> Michael Madigan wrote:

> > Down almost 1000 Points since election day.

> >

> > http://finance.yahoo.com/q?s=%5EDJI

> >

> > *************************************************

> > Barack Obama is not My President

> >

> > http://www.cafepress.com/rightwingmike

> >

> >

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