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Re: sbb4th post# 52588

Friday, 06/10/2011 2:24:04 PM

Friday, June 10, 2011 2:24:04 PM

Post# of 72136
I have been trading pennies for a very long time. Your response is the conventional wisdom. However, this time the factors affecting the market are much, much greater than at any time in my life... or anyone's life... We've never had 14.3 trillion worth of debt and 108 trillion in unfunded liabilities with our creditors saying that we are defaulting by printing money.

This reminds me of what happened with the Weimar Republic, with Argentina, etc. I don't see a fix on the horizon.

I held MDGC hoping that either Val would come through before the Economy collapsed or the economy would improve and we would be rewarded in time.

I think a collapse is coming much sooner than most Americans are willing to believe. "Normalcy bias" is the affliction of the day. Here's hoping that I'm wrong.

jmo