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TOUGH times ahead for stock market....

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Mary008 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Mary008 Quote  Post ReplyReply Direct Link To This Post Posted: January 12 2010 at 2:13pm
.
 
doing fine here... oil is like a yo yo though...
 
 
not to worry if stocks are down a bit... normal for the time of year.
 
And a good time for everyone to have a Roth and Transfer stocks into it.
 
 
get ye to a Roth.   :)
 
 
...................
 
 

Convert to a Roth IRA
Why it's important:
As of January 1, anyone can convert a traditional IRA to a Roth IRA (previously there was an income limit). The advantage is that money in a Roth can be withdrawn in retirement with no tax due. Withdrawals from traditional IRAs will be taxed at your ordinary income tax rate.

Do this now: Convert in 2010 and you can spread your tax bill over the next two years. If you have both deductible and nondeductible traditional IRAs, ask a CPA to determine your tax liability.

source
 
 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 7laws Quote  Post ReplyReply Direct Link To This Post Posted: January 13 2010 at 9:12pm
I watched Kudlow today defend the banks as if they were little children that made a mistake. no wonder I stopped watching the business channel. The news on CNBC is crazy. I used to watch fox news too. Now, maybe I shouldn't watch any news. You got some realistic views on you tube but a lot of way out there vids too and then you got main stream media who seems to be bought and owned by corporate america. maybe I should leave this country sooner.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Turboguy Quote  Post ReplyReply Direct Link To This Post Posted: January 14 2010 at 5:31am
Problem is this: Where you gonna go?
 
Even at the worst America is right now in regards to the excesses of the current administration, economic woes, government fascism etc, it's still better than anywhere else on the planet.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 4=laro Quote  Post ReplyReply Direct Link To This Post Posted: January 14 2010 at 7:04am
Well your congressmen are busy protecting your money and not spending foolishly.

http://www.youtube.com/watch?v=A6_xgKWzhRw&feature=player_embedded

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Post Options Post Options   Thanks (0) Thanks(0)   Quote Mary008 Quote  Post ReplyReply Direct Link To This Post Posted: January 14 2010 at 8:54am
Turbo.. I'll second that...
 
Go off for a year and come back.  You will love it here :)
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Technologist Quote  Post ReplyReply Direct Link To This Post Posted: January 14 2010 at 9:38am
Originally posted by Mary008 Mary008 wrote:

Turbo.. I'll second that...

Go off for a year and come back. You will love it here :)


I'll triple that. People are lucky to be in the US.

We are also lucky to be so fortunate a this very moment. Take the last 10,000 years for example. What did we have other then day to day survival on nothing but necessities with no medical care and short life spans. Unfortunately half the world is still living in the past. For the US can you even think of another time period where things were this good? I think some people are terrified that this is the best that it's ever been and it's hard to imagine it getting any better. So any direction we look tends to be towards the negative.

Here's and interesting thought. If modern man is really the most intelligent creature ever to exist on this Earth. Why is it that we are probably going to be one of the shortest lived species in existence? When I say modern, that's up for interpretation. Let's pick a time period. I'm not talking about primates as we bear very little resemblance to that era.

Pick some time period where we completely changed. The ability to write, the invention of the Abacus, the Gun, the Vacuum Tube, the Light bulb, the automobile, the industrial age, the Nuclear age, the Computer?

Regardless, do you really think modern man will be here for multitudes of millions of years like the dinosaurs, whales, dolphins, primates, cockroaches or plants managed to do? Do we really have the highest IQ's or are they really much smarter on a level we cannot yet understand? Will the Dolphins swim the oceans for millions of years after we're gone because they were smart enough to avoid the pitfalls of humanity? Do trees and plants share the responsibility to help the Earth and keep it alive for other species? Will we evolve to be more humble and at peace with our environment, to preserve life on earth like other species have already learned to do? Or will we simply destroy it?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Medclinician Quote  Post ReplyReply Direct Link To This Post Posted: January 14 2010 at 9:58am
It is more likely that on paper the stock markets and money will continue to appear to be in a lot better shape than they are. As was true in the midst of what felt much like a depression, those in money positions will continue to prosper while the tax burden, unemployment, poor health care, and discrimination against older citizens will continue to worsen. Medical aided suicide and committees refusing operations and benefits to those with shorter lifespans will become more and more prevalent.

Despite the continued reassurance of those in power with money, the worker class are likely to see new highs in unemployment. As well, human tasks will be replaced with robotic devices and automation.

2010, if there is to be a stock market crash, will be a lead in to 2012 in which there probably will be. With the transfer of the economic center to Asia, jobs, even the money system, the Stock Market in the U.S. may become less and less significant as opposed to a whole New Order and trading system spawed either by a Russian Latin American Alliance- or an Asian one.

We run the serious risk of becoming a thrid world country with an economic implosion and great and greater buy out by Asia.

Depending on the over all disease situation, Pandemics, and also possible civil war- the baanks may simply shut down as well as the Stock Market, making it a moot point.

Huge changes may occur in society as we know it. One consideration is where 1.6 billion Muslims will even engage in a practice which is against their fundamental religion.

http://muslim-investor.com/stocks/stocks.html

It would be the equvalent of someone with a portable T.V. set without batteries looking for a light socket after a nuclear strike. No doubt, we may live to see the equivalent of a nucleaur strike on stocks and bpnds and where the bustling stock fllor is strangely silent as we face an Ice Age instead of global warming.

The world of the future may be far different than those speculating suppose. Much like the sci-fi movies with airline stewardesses on a starship.

Just some interesting alternate thought. We so much think that nothing huge will happen to disrupt life as we know it.

Med
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Technologist Quote  Post ReplyReply Direct Link To This Post Posted: January 14 2010 at 10:24am
Originally posted by Medclinician Medclinician wrote:

It is more likely that on paper the stock markets and money will continue to appear to be in a lot better shape than they are. As was true in the midst of what felt much like a depression, those in money positions will continue to prosper while the tax burden, unemployment, poor health care, and discrimination against older citizens will continue to worsen.


Since when are we discriminating against the elderly? The Elderly have the best care in history. The Great Depression helped create security and protection for the elderly. Did we have Medicare, or Social Security before the Great depression? Now the elderly can simply walk into a Hospital and be treated without paying in advance and if you can't pay then you don't pay.

Good things can come from recessions and depressions if you look for them. Look at what happened after the Great Depression for a clear example. With your 5 Hospital Visits a month you should be thankful the government doesn't pass a bill tossing people to the curb to save money when they have 5 panic attacks a month that costs taxpayers a fortune to keep them healthy.

Quote: "The best estimates are that in 1934 over half of the elderly in America lacked sufficient income to be self-supporting. Despite this, state welfare pensions for the elderly were practically non-existent before 1930. A spurt of pension legislation was passed in the years immediately prior to passage of the Social Security Act, so that 30 states had some form of old-age pension program by 1935. However, these programs were generally inadequate and ineffective. Only about 3% of the elderly were actually receiving benefits under these states plans, and the average benefit amount was about 65 cents a day."


http://www.ssa.gov/history/briefhistory3.html
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Medclinician Quote  Post ReplyReply Direct Link To This Post Posted: January 14 2010 at 11:35am
Originally posted by Technologist Technologist wrote:

Originally posted by Medclinician Medclinician wrote:

It is more likely that on paper the stock markets and money will continue to appear to be in a lot better shape than they are. As was true in the midst of what felt much like a depression, those in money positions will continue to prosper while the tax burden, unemployment, poor health care, and discrimination against older citizens will continue to worsen.


Since when are we discriminating against the elderly? The Elderly have the best care in history. The Great Depression helped create security and protection for the elderly. Did we have Medicare, or Social Security before the Great depression? Now the elderly can simply walk into a Hospital and be treated without paying in advance and if you can't pay then you don't pay.


So far, and even in .gov vets- and especially when we went to VA near Stanford- the care was exceptional.

I recently posted here a letter from a doctor to a senator itemizing specifics of the new health care bill. Granted- the bill that finally passes will be different  and right now thay are scurrying to get 3 votes to pass it- but there are some pretty grim subclauses.

From the doctors I have spoken to the essence of this is life expectancy. Basically if you do not have a life expectancy of let us say 3 years- 5 years- in the fine print and with the final committee nod- you don't get the operation. Example- you need a hip replacement- you are 62- they decide they are cutting down costs and you won't be approved.

Then the health care for elderly takes a dive when it is correlated with life expectancy. The young of course are more valuable- i.e. wage earners, hjgher tax payers, mainstream society versus the feeders; the ones drawing pension checks and requiring huge expensive medical treatment and drugs for a person who may not live 3 years.

Here is a thread I put up with a letter

http://avianflutalk.com/forum_posts.asp?TID=26308&KW=doctor+senator+letter&PID=204486#204486

If you will read through this legislation you will find this

Page 425 Lines 17-19: The Govt will instruct and consult regarding living wills, durable powers of attorney, etc.  (And it'smandatory!)
Page 425 Lines 22-25, 426 Lines 1-3: The Govt provides an "approved" list of end-of-life resources; & guiding you in death. (Also called 'assisted suicide.')
 

Page 427 Lines 15-24: The Govt mandates a program for orders on "end-of-life."  (The Govt has a say in how your life ends!)
 
Page 429 Lines 1-9: An "advanced-care planning consultant" will be used frequently as a patient's health deteriorates.
 
Page 429 Lines 10-12: An "advanced care consultation" may include an ORDER for end-of-life plans.  (AN ORDER TO DIE FROM THE GOVERNMENT?!?)

comment: few people have the luxury of reading this bill. Especially some of the legislatures themselves who have never read it - but have staff read it for them.

Kickers on the bill are larger deductibles for medicine. One grandmother had ONE medicine which runs $946 with a 410 deductible and CRX plan. This is close to more than here social security check for a single medicine.

The current bill is really something just rammed through by December to say a bill had been passed. With 3 members needed margin to even get it through- if it passes- it will be not only bad news for elderly- but a terror for doctors as well with fixed numbers as to how much they can charge or make.

We will look back with great fondness when the elderly, even in convalescent hospitals getting substandard care- at least could get a hip transplant and not be told. Nope. You have a condition and you probably won't make it two years so why do the operation?

Talk to some doctors about this. You wll get an earful on this bill- and they aren't so happy about it as well.

Med
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 4=laro Quote  Post ReplyReply Direct Link To This Post Posted: January 14 2010 at 3:26pm
If the health care is such a great bill, why didnt the congressinal batch get covered by it also?

Most would qualify for no care since they are all old koots anyway, you wouldnt have any need for term limits.  And to save even more money, why not lower the age to say 45 or so (as qualifying for old age), then we would get the president in also.  Then we would have a great bill.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 7laws Quote  Post ReplyReply Direct Link To This Post Posted: January 14 2010 at 9:14pm
The health care bill forces people to buy wether they can afford it or not. This is in your face socialism. The health care insurers will sure love it. They seemed to have become quiet lately. If they are not bitching you know it is a sweet deal for them.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 7laws Quote  Post ReplyReply Direct Link To This Post Posted: January 14 2010 at 9:19pm
I disagree. Take a year and spend it in another country that is not so invasive into your personal life. However, there are some important things to realize about other countries. You better have people you know there, a source of income or substantial retirement and it really helps to be an intelligent do it yourself type person because you are not going to have professionals in everything available like here. I will let you know how it goes for me. I do have the distinct advantage of having family where I am going though.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Mary008 Quote  Post ReplyReply Direct Link To This Post Posted: January 14 2010 at 9:43pm
 
I speak to the general "you" ... anyone who ventures away for a consideral period of time,
to another country ... will find a certain ...fondness for the USA.  
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 7laws Quote  Post ReplyReply Direct Link To This Post Posted: January 14 2010 at 10:38pm
My wife would have smacked me in the back of the head and said evrything is not about you. Sorry Mary.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Mary008 Quote  Post ReplyReply Direct Link To This Post Posted: January 14 2010 at 11:42pm
hmmm... violence in the home... fleeing the country... go for it.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 7laws Quote  Post ReplyReply Direct Link To This Post Posted: January 15 2010 at 9:17pm
From the looks of things the stock market is about to fall again. It will be led by a downswing in the financials. The dollar has been and will maybe rally a little more. I would guess you have 30-60 days before the dollar falls again. In the mean time the market is going to be going down steadily, especially when the numbers of the holiday season gets out. without a solid middle class the stock market is in trouble and the middle class buying power is not so good now. Maybe we can review this in 2 months to see how my predictions are doing. I predict the DOW will be 9,000 by Feb 25th. Gold and the dollar will be about the same as now, maybe slightly higher. I pray that the dollar rally lasts longer but the bullish options have just gotten too strong. Looks like the bubble is about to burst.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Mary008 Quote  Post ReplyReply Direct Link To This Post Posted: January 16 2010 at 9:40am
.
 
DOW    10,609.65       my hopes are high.
 
good time to buy in low.  
 
think "C"    
 
 
 
 
With Citigroup Inc. and Wells Fargo & Co. joining JPMorgan Chase & Co. and Bank of America Corp. in repaying their rescue funds,
 
 
With loan losses looming, banks are squirreling away money. Bank of America, Citigroup and Wells Fargo have raised or plan to raise at least $50 billion of capital. Citigroup's cash has doubled over the past year to $244 billion, according to regulatory filings. Richard X. Bove of Rochdale Securities said this is the largest stockpile he's seen at any bank in his 44 years as an industry analyst.
 
 
 
 
Citigroup said in a Dec. 14 press release that capital by one measure would stand at 11% of assets after repaying TARP and selling stock. Under international banking rules, a well-capitalized bank is supposed to have a cushion of 6% of assets.
 
 
 
"If the president wants the banks to start lending more, he might spend less time yammering at CEOs and more time talking to his own regulators," said hedge fund manager Tom Brown in an article on his financial research Web site, Bankstocks.com. Regulators "now seem to be insisting banks maintain minimum capital standards meaningfully above the published, official" levels.
 
 
article here
 
Obama Loses Lending Lever as Citigroup, Wells Fargo Repay TARP
 
By Bradley Keoun
 
 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 7laws Quote  Post ReplyReply Direct Link To This Post Posted: January 16 2010 at 2:38pm
The major thing that bugs me about our economy in the US is that the budget has been so lopsided for so long it just cannot continue. It is a natural law that you cannot keep borrowing and increasing your debt forever. At some point you have to pay it back. When you add in all the hidden taxes our taxes keep climbing and climbing, yet the debt is going up even faster. In 2009 the Fed bought 80% of the treasury bonds sold. What does that tell you? That is a money printing ponzi scheme. You cannot continually borrow from yourself what you don't have without consequences. The stock market may go up in dollars while the dollar goes down in value. We have never been in a place like this so it is really just a guessing game on what happens. With all the lies going on on wall street and in the govt it does not look pretty. Our lifestyle is changing here now. I have never seen so many homeless in my 30+ years as now. Many of you have lived longer than I so maybe you have seen this before.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 4=laro Quote  Post ReplyReply Direct Link To This Post Posted: January 16 2010 at 4:45pm
I have never seen so many people on the street asking for assistance.  I use to just give a dollar but the people are really looking bad, so now i am giving $1 and a can of vienna sausages in a plastic bag with a fork and napkin.  At least they have something to eat and a little money for a drink, a shot of some sort of spirits would probably brighten up their day.

Even Jesus provided bread and fish for the hungry and provided a royal wine for a wedding.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote waterboy Quote  Post ReplyReply Direct Link To This Post Posted: January 19 2010 at 10:34am
Another "SUCKER RALLY".Ouch
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Markets down 100 points.. Buy this   http://artec-inc.net/home.htm...  
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 7laws Quote  Post ReplyReply Direct Link To This Post Posted: January 21 2010 at 8:16pm
Obama went after the mega banks today. I would like to see more of that. This was the first move of the president that I really liked. We will see how it goes.
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Hang on to your hats.  It is not good to bite the hand that feeds you.  Banks bought and paid for O and his campaign.  Sounds like a little trouble in paradise.
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Markets down AGAIN today.
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It was a significant down week. 4% for the dow.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Mary008 Quote  Post ReplyReply Direct Link To This Post Posted: January 22 2010 at 5:18pm
.
 
Still like a yo yo... but 4 of my stocks are up for the week.
 
 
Biopharma and green stocks.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 7laws Quote  Post ReplyReply Direct Link To This Post Posted: January 22 2010 at 9:54pm
I used to love that yoyo effect. That was where I made my living trading Biotech. Been out for a while. Not sure when I will get back in.
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Buy this Biopharma hurry! 
 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Mary008 Quote  Post ReplyReply Direct Link To This Post Posted: January 27 2010 at 1:42pm
hmmm it's been rolled out since... 1999- 2003?
 
 
this is all I find. interesting. but stock is at
 
 
 
ARTEC INC(Other OTC: ATKJ.PK)
Last Trade: 0.02
 
 
 
 
 
Re Tubercin

International Journal of Dermatology

Volume 41 Issue 1 Page 52-53, January 2002

Abstract
Regression of an acral lentiginous melanoma with an immunotherapy using a Mycobacterium tuberculosis-extracted polysaccharide complex (Tubercin)

* Tai Ho Chung, MD, PhD,
* Jae Bok Jun, MD,
* Jae Won Jang, MD, and
* Hai Lee Chung, MD

*
From the WHO Collaboration Viral Hepatitis Center, Department of Dermatology, School of Medicine, Kyungpook National University, and the Catholic University of Taegu, Taegu, Korea

http://www.blackwell-synergy.com/doi/abs/10.1046/j.0011-9059.2001.01388.x
 
 
 
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.
 
 
 
 

AVI BioPharma, Inc.(NasdaqGM: AVII)
 
Last Trade: 1.52
 
 
 
 
 
Remember...  Always check       who the Major Holders are :)
 
 
 
.....................
 
 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Mary008 Quote  Post ReplyReply Direct Link To This Post Posted: January 28 2010 at 11:08am
.
 
 
Stocks are usually down a bit this time of year which is good for transfering stock from a Traditional Ira to a Roth Ira... in 2010.
 
 
Things usually pick up by end of April Beginning of May.
 
 
 
..................
 
 
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.
 
 

How to Never Lose Money

.............................................................

By Anand Chokkavelu, CFA
January 28, 2010

 
 
 
..............
 
 
 
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.
 
 
These Dividends Are Done
.................................................
.............................................................
.........................................................................
 
By Anand Chokkavelu

January 28, 2010
 
 
It's been a scary crisis for dividend investors.
 
 
 
..................
 
 

 
 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 7laws Quote  Post ReplyReply Direct Link To This Post Posted: January 28 2010 at 6:52pm
Very interesting phenomena going on. The market is dropping and yet the comodities are dropping with the general market. I feel when the investment community and the general public understand that this is a debt problem and a dollar problem commodities will jump and make new highs. The swings are going to start getting big now. A good trader could make a fortune in the next couple months but it would be high risk. Kind of like going to the casino. Good Luck Mary. I know you are staying in. I am sticking to my strategy. I do feel it is going to be a little chaotic and people won't know what is going up or down, panic or no panic. Going to be like a cartoon.
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Mary008 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Mary008 Quote  Post ReplyReply Direct Link To This Post Posted: January 28 2010 at 8:26pm
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cartoon... yes :)    I agree.  Some areas will see huge gains.   check who bought Tata Motors ..  China and India will be big in cars.  I'm there in a small way.  I like adult stem cells tech. for the long term... it works and its being perfected now.  it isn't as iffy as nano-Med which is moving faster than it can think.  I'm there very small... that will be a while.
 
Hope everyone has a Roth.  Have your children get them... companies should be opening them for employees... ask at work.     no tax... wonderful.
 
 
 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 7laws Quote  Post ReplyReply Direct Link To This Post Posted: January 28 2010 at 8:38pm
Mary, China and India have been making many big moves. They are really coming into their own as leaders. I do like stem cells. they can be difficult to play here due to politics. I have traded Dendreon successfully in the past. I have been out for 2 years now. If one is patient there are many good sectors with bright futures. Alternative energy, biotech, stem cell, water... Everyone just needs to make sure they diversify into different countries.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Mary008 Quote  Post ReplyReply Direct Link To This Post Posted: January 28 2010 at 8:49pm

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good advice...different countries.  Iv'e tried to look into Africa...as in putting up articles.I think Africa will be heard from more as many countries are making moves there.  I like businesses that are connected to Germany.... as partner.   What did you think of 'C..  amazing... 244 billion in cash.  

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Post Options Post Options   Thanks (0) Thanks(0)   Quote waterboy Quote  Post ReplyReply Direct Link To This Post Posted: February 12 2010 at 10:52am
When is this downturn going to stop?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Mary008 Quote  Post ReplyReply Direct Link To This Post Posted: February 12 2010 at 12:28pm
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I find this time of year ...   usually lower.   Everything picks up by the end of April/beginning May
 
jobs also pick up then.... housing...  after Mothers Day everyone gets in gear for planting,
 
lawn care, house fixing, pool opening... spend...spend...
 
 
Most of what I have is long... and people are just holding, not going down a lot.
 
in fact a few are up...   depends on what folks own.
 
knock on wood.
 
DJI 10,071.41
 
 
 
 
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