Time to get out of STOCK MARKET

[Fishhead24]

The crumbling that could occur in the next 6 months is upon us. The dog days of summer are here.

OIL is soon going to be $100 a barrel.........as it could top $80 today!

The housing market is in a world of hurt, more so than even was thought, but not surprising to this observer.

The next 6 months are going to be a wooly ride on Wall Street..........be careful batinvestors.

-FH-

[Fishhead24]

OMG!

D.R. Horton Inc, the No. 2 homebuilder by revenues, reported its first quarterly loss as a public company Thursday.

For the fiscal third quarter ended June 30, D.R. Horton (Charts, Fortune 500) posted a loss of $823.8 million, or $2.62 per share, versus a profit of $292.8 million, or 93 cents, in the year-earlier quarter.

WOW, a profit of 293 million to a loss of 824 million, ........AND YOU ALL THOUGHT NO LIMIT HOLDEM WAS UP AND DOWN.

[Cubswin]

There is a place for posting this sort of drivel. It's called the Yahoo Finance message board.

[Fishhead24]

[ QUOTE ]
There is a place for posting this sort of drivel. It's called the Yahoo Finance message board.

[/ QUOTE ]

This is not drivel.

This is a very, very serious time for those investors that are in the stock market.

Do you think EVERYBODY that invests in the stock market is a winner???

There are many that are not in the market for the very longterm........many!

In fact, have read many posters on this forum that are using the market as a place to "store" their BR for a short time to get the best returns. In my opinion, this is certainly not the time to be doing this, if ever.

For the next 1-12 months, a savings account returning 5-6% would seem a much better option to take.

The market at this time is EXTREMELY RISKY..........and of course this includes INDEX FUNDS.

If one is going to invest monthly or quarterly over the course of 5+ years, than the stock market is a great place to invest...........but for shortterm investors, this is not the time to be playing games.

Some commonsense makes this obvious......

1. OIL
2. HOUSING
3. TERROR THREAT

[T50_Omaha8]

[ QUOTE ]
Some commonsense makes this obvious......

[/ QUOTE ]Then why not put your money where your mouth is and do some short selling? You'd be able to buy a chunk of Iowa farmland with the cash, too.

[Fishhead24]

[ QUOTE ]
[ QUOTE ]
Some commonsense makes this obvious......

[/ QUOTE ]Then why not put your money where your mouth is and do some short selling? You'd be able to buy a chunk of Iowa farmland with the cash, too.

[/ QUOTE ]

This is PRECISELY what I did in the year 2000...........

[Fishhead24]

I have a few friends that are unloading their 401k's and also cashing in the stocks they own to PAY THEIR MORTGAGES!

This housing market is in shambles ladies and gentlemen.

[mtgordon]

Maybe you should POST A FEW more times to your OWN THREAD while CAPITALIZING a few more random WORDS and giving VERY LITTLE basis for your CLAIMS.

It seems like the stance of this board is that if anyone could predict these swing reliably they would already be billionaires. Somewhat related to that is the fact that if you are not investing for long term it is suggested that you keep your money out of the market. I see no reason to adjust either of those stances.

[Fishhead24]

[ QUOTE ]


It seems like the stance of this board is that if anyone could predict these swing reliably they would already be billionaires. Somewhat related to that is the fact that if you are not investing for long term it is suggested that you keep your money out of the market. I see no reason to adjust either of those stances.

[/ QUOTE ]

Dead on right on the money!!

Well said..............

[jumbojacks]

why ISN'T this IDIOT BANNED?