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  • Ignore the doom and gloom media and keep buying stocks [Edit or Delete]5 comments
    Aug 29, 2011 1:24 PM

    The stupidity of the media & blogs knows no bounds

    1. Hurricane Irene was nothing more than a big rain storm that was hyped to ungodly proportions for media ratings. Between the earthquake and the non-hurricane NY is officially the attention whore capital of the world.

    2. Anyone that thought there was even a remote chance the NYSE would be shut down also believes in the tooth fairy

    3. Steve jobs didn't quit apple. All he did was change his title from CEO to something else. He's still involved with Apple.

    Stocks will keep going up

    No recession on wall st, no recession in Silicon Valley, no recession on Facebook, Groupon or the Twitter economy.

    My home keeps going up where I live.

    personal spending, productivity, exports though the roof

    More productivity means more profits and more stocks going up.
    Job loss still good for economy because it means interest rates are never going up again.
    Here comes dow 13000, oil $120, gas $4/gallon
    And I predict there will be no slowdown in consumer spending whatsoever due to surging living expenses & commodity prices. More  fox news, more too big to fail, more Palin in the news. I hope palin does another bus tour soon I hope Romney's polls go up. More quarters of blowout profits and earnings for S&P 500 companies. Widen the wealth gap, max out the credit card, put food on the family, make the highways of the internet more few.

    Record poverty & food stamp usage + downward economic mobility still compatible with a strong economy. For example, the PE ratio of the S&P 500 is still only 12 or 13 even with no job creation. Never underestimate globalization and the US consumer to pull the economy though.

    I'm still voting for Romney. I still believe the free market is the best one. Tech stocks like AAPL AMZN GOOG NFLX PCLN still a huge buy

    Stop the 'buy America' leftist nonsense, stop the class warfare, lower taxes, stop the protectionism.

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This post has 5 comments:

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  • Stop posting like an idiot on BI. You should be beaten to a pulp.
    30 Aug 2011, 11:24 AM Reply Like
  • genius!!!

    what about when the Merkin consumer doesn't have a job because all that "Buy Merkin" stuff is stopped?

    -- i can't tell if your an excellent satirist or just an asshat-- i'll settle for the latter in lieu of clarification.
    30 Aug 2011, 06:15 PM Reply Like
  • Dow 10,992 -304 -2.69%
    10 Sep 2011, 08:55 AM Reply Like
  • Where do you live?
    10 Sep 2011, 10:27 AM Reply Like
  • Thank you for the article and all your site, I really like it and had a nice time reading everything :)
    Keep it up.

    Stocks to Buy
    20 Sep 2011, 06:19 AM Reply Like
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