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Jobu

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Everything posted by Jobu

  1. Of course not, but there is certainly zero evidence of deficit, or near deficit, right?
  2. Actually, it only rushes when I see classic signs of capitulation. I still home for some more downward pressure over the next little while so that I can get more cash in off the sidelines, but bottom line, there are certainly great buying opportunities. We may not see these levels ever again.
  3. "You know, five years from now, ten years from now, we'll look back on this period and we'll see that you could have made some extraordinary (stock market) buys. That doesn't mean it won't get more extraordinary a week or a month from now. I have no idea what the stock market is going to do next month or six months from now. I do know that the American economy, over a period of time, will do very well, and people who own a piece of it will do well." http://www.cnbc.com/id/27116449
  4. BTW, don't just listen to Harper. Listen to the world's greatest investor in history, Warren Buffet: "You know, five years from now, ten years from now, we'll look back on this period and we'll see that you could have made some extraordinary (stock market) buys. That doesn't mean it won't get more extraordinary a week or a month from now. I have no idea what the stock market is going to do next month or six months from now. I do know that the American economy, over a period of time, will do very well, and people who own a piece of it will do well." http://www.cnbc.com/id/27116449
  5. Not sure, but I would. In fact, I've bought quite a lot today. Markets on their way back up as we speak, but I'm actually hoping for a last 30 min sell-off then a classic Tues-Fri rally next week. Time will tell. EDIT - Less than 100 points down now on the DOW.
  6. Huh? From Stocks 101: Neither gains nor losses are realized until one sells.
  7. You realize we're tracking for a significantly higher surplus than projected, don't you? I think it's $2.9b so far? "Two weeks ago, the federal Finance Department said that Canada's budget surplus stood at $2.9 billion after just three months of the federal government's fiscal year. The Conservatives, in Budget 2008, had estimated a surplus of $2.3 billion for the entire year." http://www.canada.com/topics/news/features...53-61166739eab6 Unless you're blindly following the lies of the LPC and NDP? As for debt, it's been paid down approx $40b since the CPC took power, I think. I will try to track down a source. EDIT - From the 2008 Budget: Reducing debt. Since taking office, the Government has reduced the federal debt by more than $37 billion, including $10.2 billion this fiscal year. The Government’s aggressive debt reduction has resulted in ongoing interest savings of $2 billion per year. Under the Tax Back Guarantee, the benefits of debt reduction are passed on to Canadians in the form of lower personal income taxes. http://www.budget.gc.ca/2008/news-nouvelle...uvelles-eng.asp
  8. Yup, 6-7%. Of course, it's just on paper, didn't you know? In 20 years I think we'll be back up. Interestingly, the Dow is holding, so far, at 8,000. Last I checked we were in capitulation volume too. I think it will be time to dive in with two feet first next week. Of course, I don't pretend to be able to foretell the market like some of you do. It's too bad you're wasting your time here when you could be making mega cash. FYI, see http://www.cnbc.com/id/27114456. Stronger volume in stock trading Friday could raise hopes that the eight-day blowout on Wall Street is pushing toward a capitulation bottom. Over the past week the stock market has posted its biggest drop ever, tumbling more than 20 percent and triggering angst and despair among both investors and traders on the floor. The powerful selloff continued Friday, but there also was a bit more intense volume accompanying it: close to 2 billion shares trading hands with an hour left in trading, nearing what most experts consider enough for capitulation.
  9. Do you actually believe what you are saying? BTW, CPC has been paying off SIGNIFICANT debt in recent years.
  10. Yummy. I might go and get some now.
  11. Didn't you just talk about this an hour or two ago? This isn't new information.
  12. I'm sure it was one of many reasons.
  13. Where is the evidence that Harper is ignoring the problem? He and his Ministers are in constant communication with the authorities. As for jobs, didn't you see? Most jobs ever in a month in September, over 100,000 (at least since the reporting of the stat). More than under Chretien or Martin, in any month, ever.
  14. The crash is not near over? Really? How do you know. If you're so sure, you can make a killing in this market. More to the point, I will point out again that Harper's plan is already in action, has been for some time, and is a big reason why we're all set to go. Without an economically debilitating carbon tax. - #1 economy in the G7 - #1 banking system in the world - Surpluses ahead of projections - 30-year low unemployment - Wage growth significantly outpacing inflation - September job gains the most since StatsCan starting calculating these stats in over 30 years - Flaherty at G7 meetings as we speak What more do you want in this environment?
  15. So a plan to make a plan is a plan? Wasn't it the LPC trying to hit home on the "hidden agenda" issue? Either Dion has a hidden agenda or he's out to lunch. Me, I'm going with the latter.
  16. Here's the commentary: "As of last night we have six point gap between the Conservatives and the Liberals (33% to 27%). Conservative support remains unchanged but there has been movement from the Grits to the NDP (who we now have at 22% nationally). A few things to consider going into the final weekend of the campaign. First, if the Conservatives can pivot the focus of the election from themselves to Dion, it will serve them well. The reality is that as long as the Harper Tories drive support away from the Liberals (regardless of the final voter destination), it helps the Conservatives. Because a Conservative majority win is unlikely at this time, the NDP will have a higher likelihood of holding on to their support because of less strategic voting. For the Dion Liberals, they will likely battle to keep the focus on Harper to make him the ballot issue."
  17. The problem in this case was not at all hearing. He could obviously hear. He just didn't have an answer and bungled in his attempt to portray that he does have some sort of plan.
  18. Newsflash, the plan is already in action. - #1 economy in the G7 - #1 banking system in the world - Surpluses ahead of projections - 30-year low unemployment - Wage growth significantly outpacing inflation - September job gains the most since StatsCan starting calculating these stats in over 30 years - Flaherty at G7 meetings as we speak What more do you want in this environment?
  19. Nanos has Tory lead back up to 6. http://www.nanosresearch.com/election/CPAC...er-10-2008E.pdf
  20. What bailout?
  21. So you agree, Dion has no plan? Attaboy.
  22. I guess we differ, then. I prefer a leader who's competent to a "nice guy", not that I agree that Harper isn't "nice". Look what electing a "nice guy" got the US for 8 years.
  23. Julie van Dusen? Stephane Dion?
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