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newmedman

02/12/24 1:34 PM

#461499 RE: 12yearplan #461497

he's not a wall street guy, he's a jackass who is bent on whatever same idea that you're hanging on on to here today.. Yes, let's allow the world to self destruct around us, as long as I own those libs.
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zab

02/12/24 2:58 PM

#461513 RE: 12yearplan #461497

Once again, the American Stock Market is booming, thanks to President Biden and his vision of technology, and his small investment into semiconductors being made here, in America.

I wish I could of been more responsive some days, but there is an old adage on the street, when the market is in Bull mode take advantage of it.

Some day in the future they will talk about this bull market in technology and will see that a very old Democratic President called Joe Biden look at the financial landscape of the world and said why don't we make semiconductors here in America.

I will look at thos graphs once the market closes today, but right now even an old trader like me needs to keep pressing the buttons on trades.
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zab

02/12/24 4:10 PM

#461525 RE: 12yearplan #461497

I accepted the view of Warren Buffett about 20 years ago. America will certainly be tested in the financial market. The 2007-08 was a perfect example, those relaxed financial conditions almost buried the financial system, both here and all around the world.

Once again, the Federal Reserve came to the rescue, or as an old stalworth Paul Volker reminded me back in the 1980s, the Federal Reserve is the banker of last resort. Never bet against America, and never fight the Federal Reserve.

There are never any guarantees in the Financial Markets, but if you stay diversified, and never get greedy, you can always survive any downturn.

I read that piece you sent me, like many things I read, I exposed myself to it. You have to understand, I am just a small trader, a scalper, who is 732 years old, I doubt anything could ever bother me financially in my life.

America has many people who are quite sophisticated when it comes to financial markets. I am sure there will be enough of them to figure out any future financial mess.

Once again, never bet against America.