Your Best Move in a Market Meltdown
Who could blame you for being skittish about the stock market? It sank roughly 40% back in 2008, and despite its subsequent rise, it's been whipping sharply up and down over the past few months.
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#1 Sep 15, 2011
firms raising cash over losses.
#2 Sep 29, 2011
so buy international non cyclicals and most of all watch the tape. i'm sure a course in investment banking, foreign exchange and political science would help. sidney seigleman stood in line outside the banks in the 1929 depression and sold his spot in line for money. 10 bucks. a market meltdown is a gift from the gods as an old horse player once said. siegleman came from poverty and worked his way up from the bottom at goldman sachs as a janitor. the goldmans were gone then over world war one about supporting the russians as allies. they persecuted the jews and the old goldman patriach would not participate in the war bonds. the sach's went on but still kept the name today.
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