Goldwater Conservative

3 Comments

    • Citigroup VIEs Raise Question Of Solvency [view article]
      We need some kind of task force to thoroughly sort out this financial mess and require everything to be shown on financial statements. I strongly believe that suprime mortgages must be forbidden to be sold as assets. These banking geniuses have out smarted themselves and created a domino effect of failures. Truly they have out smarted themselves. Those geniuses who created this type of marketing should all be fired without anyone receiving severance pay and pensions. And they should all be black balled from the financial sector. We should never stop raising hell with our legislators until the proper legislation is passed. I am strongly against any bail out of the subprime mortgage sector except to those victims who had disabilities making them vulnerable to this mess. Both the Republican and Democratic Parties are to blame with this mess because neither one saw this subprime mess coming and failed to pass legislation that would have prevented it. Neither party is brave enough to admitt fault and would rather sit back and blame each other take preventive action against any chance of this happening again. At this time, subprime mortgages are still being traded and marketed as assets. We must stop this and only they bank that the mortgages were made should bare the risks of the mortgages. Feb 27 02:18 PM
    • A Winning Trade is a Tough Trade [view article]
      My best stock trading trip. If Hillary or Obama get elected president, then be prepared to quickly short sell your portfolio. hee hee. Feb 24 06:02 AM
    • Buying Stocks: The Importance of Timing [view article]
      I have seen numerous times during a trading day when traders would be buying into a stock when it was on the rise. This can be dangerous if you have an IRA account where you cant have margin accounts and have to wait 2-3 days before you can sell. A good look at the 4month daily charts can give you an idea of what is the normal spreads for each day. Otherwise, by buying on the rise you face to easily to get whip lashed. This had happened to me several times until I began to learn how to better predict when a stock price was about to rise a few days in advance. Jan 12 09:39 PM
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