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Originally Posted by aceventura3
It is interesting - there are several posters who feel the bottom is falling out of the economy, that we are headed toward disaster - yet I would bet that they are not taking any action to prepare for that disaster. For example - selling "paper" assets and buying gold - selling real-estate prior to the bubble bursting - stock piling non-perishable food - or buying wet-suits to prepare for global warming. Do they really believe or just full talk?
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Even during the tulip and dot.com crazes there was money to be made before the crash. For the time being I'm keeping a substantial position in domestic and foreign stocks. The pundits are all over the place as usual. If there is any good or bad news by the time we hear it, it is probably too late to profit from it anyway.