Sharemarket Crash!!! What do you do now?

[Wysiwyg]

Ha, I'm warming up my laser printer.

If it's good enough for the government to print money whenever they feel like it, why can't I?

The money would be counterfeit and penalties would be imposed.

On the subject of those people defaulting on their loans.....the lesson for them and others is that houses don`t come as fast as food, cars and women.

 

[Kimosabi]

The money would be counterfeit and penalties would be imposed.

Who says that the money governments print is legitimate?

I know in North Korea, they are quite happy to print as many US dollars as their printing presses are capable off.

Obviously we should be blaming the North Korea's for deflating the US currency...

 

[Uncle Festivus]

From Marketwatch

"With last week's rise, many of the markets are back to within a day or two of the yearly highs and with the promise of better than expected earnings, the markets are once again racing higher," said Paul Nolte, director of investments at Hinsdale Associates, in a note.
"But racing might be a bit strong, if we look at volume as the speed at which everyone is willing to buy stocks," he said.

Market gains have taken place on low volumes while declines have seen high volumes, Nolte said, noting that this indicated more willing sellers than buyers in the market.

"Our daily data is once again knocking on the door of being in dangerously high territory and any missteps in the earnings season could put the market in a defensive posture," he said.

Housing starts data out tonight!