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Tuesday, 11/25/2014 12:49:55 PM

Tuesday, November 25, 2014 12:49:55 PM

Post# of 643126
Man the media outlets just keep feeding people crap. I just saw a article that said the US growth rate is forcasted upwards to 3.9% but where is it coming from. Almost all the companies that are good indicators for the economy and consumer have crappy guidance for the next Q. Then you have the Average American that has not seen their wages go up but yet everything they buy has seemed to increase. We have many other nations around the world that are starting to look like crap including china and that will hit us in one way shape or form eventually. We have tons of Americans that will be forced to buy insurance starting next year or be fined. Most of the policies are not that cheap either. We have the markets that are way overbought and in bad need of a pull back. Then you have all these articles telling people pretty much keep buying its going higher. Watch what happens to this economy when the fed raises interest rates. Everything will come to a Halt pretty fast and slide backwards. Again our economy is not bad by anymeans but its not near as great as everything makes it out to be either. We are where we are because of the FED. When those interest rates start to rise like they said they were going to do reality will set in IMO. I would be buying stuff that does good in a pull back here. Medical, Food, Gold, ETC!. I almost always optimistic about the markets but everyone is way to bullish for my liking here. In the last few weeks The bullishness has really gone overboard as well. I would say atleast be careful. I am sticking with ERB, IAG, and ROX for my major holdings here and feel these are 3 areas to be in when a pull back comes. Again some might not like these 3 and that is fine but I would atleast find some you do like that can weather a storm. Good luck peeps.

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