Re: DISCHINO, LL........mguru...
in response to
by
posted on
Nov 26, 2008 10:22AM
Good post...
You observe that:
It's the bold and the optomists that fortune favorss.
You also said:
There are some amazing bargains in the stocks right now.
How perceptive...
It was only last week that for the umpteenth time I mentioned that was going deep in FORD stock. It got down to $.97 Cents.
As of 15.12.40 roday Ford is at $2.18 cents and still a bargain...
That is a 125% INCREASE in your money in one week...
You darn tooting right there are opportunities in the stock market. But, the whiners and the meek are not going to get it until it is too late...
Sure Ford will loose money till couple of more years lately. But will all Billions in Bail-Out you think GM and Ford will be allowed to go bankrupt? Bush even understands that.
With all the trillions in Bail out going to White Collar Jobs thus far, OBAMA will be chewed out and spit out in no time if he allowed the Blue collar jobs dependants on Auto Industry will be allowed to go on the unemployment lines...
And there is the rationale for investing in risky stocks. Anticipating the future and risking you current assets. And you must do this knowing that you are taking the chance to accept the risks, and are not doing it because of what DABOSS or any one else says here...
Gil...