I see an economic diasater coming...

[triffid]

Stocks I plan to buy?AGNC,IVR,ARR all of which thanks to todays sell off pay dividends of 19% or better.They are mostly real estate REITs.When interest rates start going up they may be bad buys.But I doubt it.I don'tthink it will happen for a couple of years anyway.triffid

[triffid]

When it comes to raising interest  rates the government will be one big chicken.Only a little at first then maybe more a little later???triffid

[triffid]

I am not buying stocks right now but if I were the three I mentioned would be my picks.triffid

[WilbyInebriated]

Nearly every major U.S. stock index now is in the red for 2011.

good!

The numbers tell the ugly tale:

--- The Dow Jones industrial average (charted below) plummeted 512.76 points, or 4.3%, to 11,383.68, the lowest close since Dec. 9, 2010. The Dow now is off 1.7% year to date.

--- The Dow’s point drop was the largest since it fell 680 points on Dec. 1, 2008. The percentage drop was the largest since the 4.6% plunge on Feb. 10, 2009.

--- Percentage declines in other major indexes for the day: Standard & Poor’s 500, down 4.8%; Nasdaq composite, down 5.1%; New York Stock Exchange composite, down 5.4%; Russell 2,000 small-stock index, down 6%.

--- Year to date the S&P 500 is down 4.6%, Nasdaq is off 3.6%, the NYSE index is down 6.7% and the Russell has slumped 7.2%.

i hope the whole house of cards comes crashing down...

[the_big_m_in_ok]

good!
i hope the whole house of cards comes crashing down...

You asked me when, after at least 1 1/2 years, the "collapse" I predicted was going to happen?

Is what's going on now enough of an indication?  You sure?  You were skeptical in the past.  Are?  You?  Now?   Why or why not?!?!?!  Justify your answer.

You took that tone of language with me before.  Happy now?  I'm looking for a financial disaster, as I said.  I'll deal with whatever what happens as it comes.  A lot of people will, as I see it.

What about you?  You're a troll, in my opinion, and you did it to me in the past.  I have a reason for saying all this.  You don't deserve the truth from me, but I'll address others with what I think is reality, as I see it.  I don't particularly care what you think.  This is mostly more than you rate as an answer.  Pissing you off would satisfy me, however.  I don't tell a few people they're "full of shit".
You do.

--Lee