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IBDvalueinvestin (99.67)

Bailouts are not coming, don't be fooled..

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May 21, 2012 – Comments (1) | RELATED TICKERS: SPY , DIA , QQQ

Hope for More Bailouts Boosts Global Stocks, But Can’t Save Facebook  Daily Ticker 

 

Anyone buying on hopes of more bailouts has got to be lieing to himself and his friends as well. The market is only its 3rd week of correction and people asking for bailouts already? Last Summer and Fall, the market fell for roughly 6 months and we got no such bailout.

If you think the politicians are going to scramble to provide you a bailout after just a 3rd week of market correction then you better wait for a long time. The Chinese communists helping China is not coming anytime soon and it will not help Europe or other developed nations, remember rising Oil prices keeps the recovery from gaining any traction. 

   We are turning into a nation of expecting handouts everytime the market goes down and in this case only down for 2+ weeks LMAO.

1 Comments – Post Your Own

#1) On May 21, 2012 at 5:28 PM, miteycasey (30.84) wrote:

And this surprises you why?

It's the 'help me now' mentality of the world we live in.

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