Unemployed_trader
02-10-2009, 01:00 AM
This stimulus plan that the senate is suppose to pass after I read into it has 90%+ pork spending and billions goes to ACORN the primary cause of the financial problems. This stimulus bill is a power grab for the liberal wing of the Democrat party to buy votes and new voters at the expense of hard working Americans.
I don't think much can be done by anyone of us but if they cause a false rally into the stock market and it moves up a lot, it will fail because no business is making profits. As this false rally happens I will short into the rally and this is what all 401k holders and stock investors should do with a trailing stop to insure profits are secured. Everyone lost money on their 401k and investments because we were never told to put a stop on our stocks. There are many stock trading experts out there and too many fishy advisers like Jim Cramer (Mad Money CNBC) so be careful.
I don't think much can be done by anyone of us but if they cause a false rally into the stock market and it moves up a lot, it will fail because no business is making profits. As this false rally happens I will short into the rally and this is what all 401k holders and stock investors should do with a trailing stop to insure profits are secured. Everyone lost money on their 401k and investments because we were never told to put a stop on our stocks. There are many stock trading experts out there and too many fishy advisers like Jim Cramer (Mad Money CNBC) so be careful.