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I am feeling a bit more confident about the market even tho unemployment rates are dismal. I dont' follow it closely, but I am glad to see it is not down every day or most days like it seemed to be before(knock on wood).
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haha that may take a little while, but give it time.... until then, those of us who started investing in late '06 through late '07 will be in the red for a little while. But the good news is that we can still pick up more shares for the dollar right now, and so lower our break-even value point.
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"Praestantia per minutus" ... "Acta non verba" |
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I imagine it will continue to go up, but with the amount of money coming off the Fed's presses, inflation and likely hyper-inflation will make any gains in the market average meaningless. If the currency isn't worth as much, having more of it doesn't mean you have more purchasing power.
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