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I don't know what to expect from the GOP debate tonight. But ...

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LuckyTheDog Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-11 01:47 PM
Original message
I don't know what to expect from the GOP debate tonight. But ...
... the word on the street is that Fox News has ordered several extra drums of bat shit.

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Turbineguy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-11 01:52 PM
Response to Original message
1. There's another debate?
After today's market, I could use some light comedy.
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JoePhilly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-11 02:20 PM
Response to Reply #1
6. If we get below 10,600 or so ... Buy.
And then when we hit 11,500 or so in the next couple weeks, sell.

That's been a recurring pattern since the GOP took the House.
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Andy823 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-11 02:33 PM
Response to Reply #6
7. I agree
This pattern of huge ups and downs seems to be the new plan for the rich to get richer. Buy low, sell high, and do it again in the next month or so. I think this will continue till after the elections next year, at least. Just like in the Bush years, those on wall street have been taking advantage of the fact republicans control the house, and they know nothing will be done to stop this kind of insane trading, because Boehner and Cantor will make sure nothing stops them! Another good reason to get rid of these greedy scumbags!
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JoePhilly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-11 04:10 PM
Response to Reply #7
11. Excatly ... my original post on this was short ... but ...
if you go back and track the DOW under Bush, from 2000 to 2007 it runs within the same range you and I are seeing.

Then it spikes to 14k, then falls to 6.5k.

And then in less then a year, back to 10.5k.

I'll manage my 401k against this model for a while because it works. And because I see what the GOP is doing. If we break 11.5k, I shift SOME (not all), if we hit 12k, shift more. And when we go lower ... I look to buy at around 10.5.

But even then only "some" ... if we drop more, then I'll consider the conditions, and maybe buy more.

The key for me is to manage that money on the side.

As the dow gets higher I build a cash position, as it falls, my cash position gets smaller, as I buy back in.

My time horizon is longer. I'm in my 40s. And as I do this, I am actually conservative. I make small moves relative to this model. Add some, add some, take some, take some.

And as we know, the GOP is not about helping US make money. But since they rigged the game, I'll play.
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-11 04:17 PM
Response to Reply #6
15. Please....nobody listen to that advice
Edited on Thu Sep-22-11 04:18 PM by Cali_Democrat
We may go below the lows of March 2009.

Sell everything that's not nailed down.
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MineralMan Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-11 01:52 PM
Response to Original message
2. More of the same bullshit, I expect. I think I'll read.
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Davis_X_Machina Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-11 01:53 PM
Response to Original message
3. This time I believe they're using the format where...
...they Lip-synch for Their Lives™
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hifiguy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-11 01:57 PM
Response to Original message
4. More of the same:
A parade of talking farm animals spewing utter insanity.
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FSogol Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-11 02:10 PM
Response to Original message
5. TV's worst new show. I heard America was going to cancel it soon.
:shrug:
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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-11 02:36 PM
Response to Original message
8. Since I won't be watching,
I'm not expecting anything. :shrug:
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Frustratedlady Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-11 02:38 PM
Response to Original message
9. Where? That's my new Comedy Show. Wouldn't miss it for the world! EOM
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sammytko Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-11 04:13 PM
Response to Reply #9
13. I can't wait - its a barrel of laughs!
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Contrary1 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-11 02:50 PM
Response to Original message
10. Expect more cheer leading regarding the GOP's death penalty fetish...
whether the dead person be a criminal, or just some poor smuck without health insurance.
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EstimatedProphet Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-11 04:11 PM
Response to Original message
12. I know exactly what to expect.
That's why I refuse to watch it.
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Solomon Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-11 04:14 PM
Response to Original message
14. What time is the clown show?
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Pacifist Patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-11 04:32 PM
Response to Original message
16. Good grief, how many opportunities to embarrass themselves do they really need?
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Hoosier Daddy Donating Member (271 posts) Send PM | Profile | Ignore Thu Sep-22-11 04:35 PM
Response to Original message
17. Hell...
.....I don't even know where the damn thing IS!
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jberryhill Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-11 04:46 PM
Response to Original message
18. Which one got voted off last week?
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