winindthedust

Tuesday's Options Recap

The Market is 90% about media presentation & mood of investors, and 10% about company fundamentals. Your gold play is also speculative, because of this.

The only way, that we get to where you say, is for people in general to run out of money to spend. To do that, they need to be jobless. We are very far from the mass unemployment of the 30's. It wasn't just the stock market that crashed, it was entire industries and businesses going under, creating a mass money panic in all sectors. This money panic, saw profitable businesses pull back, and rather then fill the void that normally would take place, wide spread unemployment ensued. This turned into a domino affect cycle. Could this happen again? Yes. But people are still spending money, their hasn't been a run on the banks, and unemployment numbers are rather stable, if not optimistic. It really is all about mood & perception. Yes, the gov. really messed up with Freddie & Fannie, but the flames were fanned by irresponsible politicians and reality TV news media where self-fulfilling "bad news sells".

So- is the sky falling? Not yet, not until emotion & fear completely takes over, and we're not even close to that yet.

On Mar 31 04:32 PM Repsonsible Citizen wrote:

> This Market is going down way down , probbaly to 5000 and when it
> goes it will just take a few days , NOT weeks then afterwards it
> could trade between 4500- 5500 for months if not YEARS ! And of Course
> CNBC has gotten RID of anyone who was being straight with the people
> trying to tell the truth guys like Radagin , Haines , ect , now all
> that You'll see left are The Shills for the Brokerage industry, the
> "Its a buying opprotunity Crowd" the Yes Men , Headed By The Supreme
> SHILL BUY BUY BUY Crammer ! But In Reality Things are Bad and getting
> WORST everyday! Do Your own research you will see. All I Own now
> is Gold and cash been there for months . So thats my opinon , course
> I coud be wrong But I wouldnt bet my money on it !