DAVID B > Blogs

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GOING UP

Will it time to buy more stock in fre & fnm, I still beleive it's going much higher. Do not wait and miss out on this one. the fred will not let these fall. you can buy them for pennys and make dollars. I think by this time next year they will be back in the $60.00 range. Looking forward to your comments

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Running_with_scissors

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Running_with_scissors

Hahahahahahahahahahah.  60 inflated dollars after the treasury has printed so many dollars to destroy the debts Fannie and inept government has saddled on a great nation.  Fannie may have ticked off such a big currency failure it won't matter what stock you or I buy.

I really believe the mess that has come out of the circular logic of debt fueled price apreciation justifying more debts is the most massive corruption of senseless greed producing nothing but debt ever seen in this nation.  I believe the per-capita share of the bailout is more than all I ever made in 12 years of working as an engineer.

Buy the stock.  Thanks to Fannie we may soon have nothing to loose.

 

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Running_with_scissors

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Running_with_scissors

Just curious, do you have any thoughts on a solution for the insolvency crisis we are having?

 

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DavidDT Trading-to-Win.com

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Good question Running..

I have a question also - David - do you have a SPELL CHECKER?

I am Mad Russain and I try to have some respect for those who will be reading my posts.

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DAVID B

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DAVID B

 Running wit, this is one of those time you can go back to the old saying, just sat back and wait, every thing will come out in the wash.  For those who want to gamble on life, that there still money to be made, do it now. As far as the insolvency crisis , there is no such thing. There is a anwser for every problem. One thing I have learn in life,( the hard way) is when you think it can not be done , do not give up , but start looking there is away to do it. This country has been in bad shape for many years, we have had our ups and downs, but we always come back.

I think we would have been better off in the long run if the fed's had just let the card fall where they may. We would not be looking at higher taxes to take care of it. I think the banks would be buy up one another right now, trying to become the king of wall street. Sure there would have been people like you and me take some big losts, but we could have been buying up stocks too. We do not need big brother looking out for us , we knew , or should have, that when we started putting money in the stock market that we could lose it. That why there is low risk and high risk, but it is all a risk not a sure thing.

 

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Running_with_scissors

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Running_with_scissors

Wow.  I like your answer!

If the government let the cards fall as you suggest, I'd be retiring next year.

David B for president!

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Running_with_scissors

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Running_with_scissors

I do disagree with you on the existance of the insolvency crisis though.  Insolvency is inability to pay debts.  A lot of poeple lied about their incomes, and rating agencies lied about the solvency of borrowers who's incomes were never verified.  People signed up for interest higher than their income.  That is insolvency.  

The president says there is a liquidity crisis.  This is because no one wants to lend to the insolvent.  Only the taxpayer is wiling to lend to the insolvent.

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mpc220

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Well, if the Fred has my back I don't see how I can go wrong!
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