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Reply #56: You have the power to check the data yourself [View All]

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Dreamer Tatum Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-27-09 01:38 PM
Response to Reply #55
56. You have the power to check the data yourself

Gold vs TGT, 2008-2009. But you won't, as we all know.

And I really hate to shatter your ideals, but someone working in retail is neither necessary nor sufficient for expertise in securities performance of the retail sector. People acting on whatever claims you made whenever you made them would have been as informed as people rushing out to buy oil futures every time a Beverly Hillbillies rerun comes on.

In point of fact, the retail SECTOR has outperformed gold in 2009. That means that you could have taken your pieces of eight, traded them for bad old American dollars, purchased index futures, sold those futures last week for more of those bad old American dollars, and you could have purchased many MORE pieces of eight than you had when you started.

I don't post stock tips because people would find them boring, and I'm not licensed to provide financial advice (people who are inexperienced and unlicensed tend to do what you suggest, i.e., shit one's pants in a frothy, bean-hoarding panic).

And in any event, 99% of the people didn't forecast a Dow 20,000. But don't let facts bother you now...they clearly haven't bugged you so far.

Is your telecom going to survive the Armageddon you see coming? Whew...glad to know we'll at least have phones.

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