Today is it. History will be made. Vote smartly. Your lives depend upon this. Economically we have created a world wide disaster, based on supply side economics, lack of regulatory controls, and "we are in charge" thinking to the world. Our arrogance has hurt us greatly. Question authority, question FALSE facts, and elect smartly.
Subscriber JK gave me some good work on new stock terms, that might help you:
CEO -- Chief Embezzlement Officer.
CFO -- Corporate Fraud Officer.
BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.
BEAR MARKET -- A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex.
VALUE INVESTING -- The art of buying low and selling lower.
P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing.
BROKER -- What my broker has made me.
STANDARD & POOR -- Your life in a nutshell.
STOCK ANALYST -- Idiot who just downgraded your stock.
STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves.
FINANCIAL PLANNER -- A guy whose phone has been disconnected.
MARKET CORRECTION -- The day after you buy stocks.
CASH FLOW-- The movement your money makes as it disappears down the toilet.
YAHOO -- What you yell after selling it to some poor sucker for $240 per share.
WINDOWS -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.
INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
PROFIT -- An archaic word no longer in use.
Citi says credit card losses may hit record levels in 2009. Ford, which makes big cars and trucks and deserves this, had sales off 30% for October. They knew better. GM down 45%, and they obviously didn't know better, but a true sign of recession is Toyota, which does right, also down 23%.
We believe two way trades are a very likely possibility, although truly no one can predict both this election, and how the American public will respond.
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