Trinitymaster

BofA Following Citigroup to $5 or Lower

The future is indeed bleak. We are consumers of foreign technology. The only industry we have that can't be outsourced is.... OMFG- There isn't one

1) Healthcare: Tele-nursing and remote surgeries are already happening. How long before we have dirt cheap Indian nurses and doctors working in American hospitals from their remote sites in Delhi?

2) Government: They outsource a butt-load of jobs to foreign lands. Everything from call centers to document preparation.

3) Industry- Ha, Ha! Made you laugh- Didn't I

The Danger in Financial Stocks in 2009

I tried buying puts on a couple of financials. Imagine my mixed emotions when the Banks lost billions of dollars, but still went up in value- All because "things couldn't possibly get any worse."

S&P Set for 50%+ Gains? Not So Fast, UBS

Dow 25,000 will happen during Obama's administration. At that point you should buy Put LEAPS that are as far out as you can get. Buy the ones that are 60% of the then current price. You will make a fortune when the market goes down.

Until then, take advantage of stocks that refuse to die- like Target (horrible fundamentals, bleeding money). DAYTRADE in and out only. "BUY and HOLD" is now renamed "ANTE and FOLD". There is no long term strategy anymore. In and out, that's the only way nowadays.