Checks and Balances TV - Financial Survival Tips for a Turbulent Economy | HD

[rdrakken]

Videos like this are the reason why such a high percentage of people in america still think the recession is on...your mathamatically impossible was outdone by a great deal in the mid 90s and several other times in history.

But please continue, ive made a lot of money on the market because of uneducated people making piss poor investment judgements based on poltical spin.

its what happens when you invest on rhetoric and not substantial information.

[jokertim777]

@rdrakken,

Are you saying that with the MSM spouting "recovery" to their millions of viewers that they can't overcome independent video makers who receive thousands of views on YT? Have you considered that the videos are not the cause, but rather a result of people's economic perception?

What investment advice did this video give people that you feel is incorrect?

Are you interesting in sharing your money making strategies so others can benefit?

Please be specific. Thanks.

[rdrakken]

@jokertim777 Are you saying only independent video makers on YT are using political rhetoric? Have you considered that so called business channels like Fox Business and even most of the programming on CNBC have been misleading its viewers for years now which is why so many investors are hurting? Have you thought about WHY so many people in America still think we are in a recession even though the market has gone up 6000 points and investors have made hand over fist and still are? misinformation.

[jokertim777]

@rdrakken,

"Videos like this are THE REASON why such a high percentage of people... blah, blah, blah" No, I'm not the one saying that videos are the only source of rhetoric. Nice try though, way to change the subject instead of admitting you're wrong.

Did Fox and CNBC predict the recession or deny it was coming?

Are you saying that the DJIA = the US economy? How far below the high is the DJIA still anyway? How's unemployment, foreclosures, and the dollar doing about now?

[rdrakken]

@jokertim777 Some on Fox and CNBC did, some said it wouldnt. Most that dont use political talking points and rhetorical nonsense said it was coming.

Are you saying that the DJIA does not = the industrial portion of our economy...yeah, the DJIA is INDUSTRIAL average. You do know that a stocks price is an indicator of how that company is doing right? You do know that if the vast majority of industrials are ooing well, it means that part of the economy is doing well dont you?

-CONT-

[rdrakken]

@jokertim777 -CONT- And fact is, most people are buying the bogus lie being told.

If the recession is still going or if the economy is still hurting, why is it for the last 2 years every single sector of the market is posting RECORD PROFITS?

Comapnies are making record profits for a bunch of reasons, their products are being sold are much higher quantities overseas, they are paying people less and have fewer people on the payroll. So for the average joe, it looks bad because they are-CONT-

[rdrakken]

@jokertim777 -CONT-on the OUTSIDE looking in. And they are outside because guys like this are doomsayers or are trying to use the situation for political gain by throwing in misinformation.

Any investor that did not make a killing in the last 2 years did so because of listening to poor advice. For example, inflation has MANY factors, not jsut a few which is why it does not go up often and its a fear that is thrown around every single year...

[jokertim777]

@rdrakken,

How many companies does the DJIA represent again? Oh, yeah... 30. Why do we have the Nasdaq, S&P 500, and the Russell 2000 again? "why is it for the last 2 years every single sector of the market is posting RECORD PROFITS?" Please provide evidence that every sector is posting record profits, I don't believe you (I wonder why?).

You keep bragging about your portfolio's performance, but you also seem to want to keep it a secret too. Hmmm, that's very interesting.

[rdrakken]

@jokertim777

1. I Originally said stock market, you are the one who keeps stating the DJIA. The stock market is everything stocks are traded on, the DJIA, Nasdaq, S&P, Russell, CMA....so why dont YOU stop going to just the DJIA.

2. I dont need to prove it to you, even CNBC, Fox Business and Bloomburg have been reporting it and the biggest names in investing have been gloating about it because their profits are through the roof also.

Are you so incapable ot doing a simple search?

[jokertim777]

@rdrakken,

1. You said the "market" went up 6,000 points. Were you referring to the DJIA or not? Be honest.

2. If you make an outrageous claim on the internet, you will be asked to provide some supporting evidence, otherwise nobody will believe you. Your choice.

Why are you now trying to use Fox Business and CNBC as credible sources of financial information when you specifically stated that they were misleading people? Inconsistent much?

Don't forget to post your killer portfolio for us.

[rdrakken]

@jokertim777 1. It was an example of what the markets have done since the recession hit. Every stock trading market has doubled and regained their positions...wowzers.

2. If you do NOT know that American companies have had record amounts of cash on hand for the last 18 months then you are an investor with weak research skills and should not be in the market at all. There have not been this many take-overs, mergers and buyouts and stock buy backs in decades.

[rdrakken]

@jokertim777 3. I never said any one busines channel was not a credible source, I HAVE stated that those that USE POLITICS AND RHETORIC in what they say are giving bad advice.

So now I have to ask, why do you continually have to spin what is being said? What stake do you have in defending this video and those like it...perhaps you are a leech investor that needs people to be afraid so you can continue to make money?

[rdrakken]

@jokertim777 4. and most important. Exports are way up near levels not seen since the late 70's, companies redefined themselves by increase productivity with fewer employee's. This means our products are selling and companies are doing better and removed themselves from the unemployement rate.

So a high unemployement rate today does not = bad economy because most companies changed the way they operate.

The only worry an investor should have in America is oil prices which is not -CONT-

[rdrakken]

@jokertim777 -CONT- controlled by the state of our economy. We can have a bad economy and have low oil prices or a great economy and have high prices because prices of oil is speculation based not value based.

As for MY profile, I am 25% into PDO since Oct 10th 2010, will sell when they hit $8.50, 40% in AAPL since Sep 7th and will sell when it hits $370, 15% into AXP since Oct 10th will sell when it hits $44.50 and I use the remaining 20% to pounce on SIRI when it drops .2 and sell up .2

[jokertim777]

@rdrakken,

1. "Every stock trading market has doubled and regained their positions" wrong. 2. You said, "EVERY SINGLE SECTOR posting record profits" now you want to backtrack to "companies have record cash"? let's stick to what you (and I) actually said please.

3. "so called business channels like Fox...most programming on CNBC...misleading viewers for years" How is that NOT questioning their credibility?

4. Your definition of the economy is absurdly narrow.

Good luck with your strategy.

[rdrakken]

@jokertim777 1&2. They go hand in hand and if you think they dont I highly doubt you do ANY investing at all let alone through a proffesional as you would have gleamed at least the basics from listening to them.

3. Sure if you want to take 100% of what I said and only use PART of it im sure you can find a way to make it sound like I said business channels are no good because Santa Claus didnt give John Smith a train for xmas. 4. You have shown to have next to know clue how the market works.

[rdrakken]

@jokertim777 I can only believe you are invested with the maker of this video as your arguments are obsurd, you continually take things out of context leaving out the most important information AND after asking a bunch of times for MY investment profile you ignore when its given, a profile that shows MASSIVE profits.

I would wager I make more on the 20% I use to microtrade on bounces that you do in a year on fear information. Now go look up what a microtrade is because you seem clueless.

[jokertim777]

@rdrakken,

I am in no way responsible for your unwise use of language. If you are unable to say what you mean the first time, you may want to try giving more careful consideration to your words.

Insulting me personally doesn't make you right, it just reflects badly on your character. Do you commonly seek to denigrate people who don't agree with you?

BTW, I was sincere in my wishing you good luck with your investing strategy. Just because we don't agree, doesn't mean I want you to fail.

[rdrakken]

@jokertim777 I am in no way responsilbe for your unwise use of looking at only part of what is being said. If you are unable to read comprehensibly, you may want to try going back to school.

Insulting me personally by trying to say I said one thing when in fact I said something else doesnt make you right, it just reflects badly on your character. Do you commonly seek to denigrate people who dont agree with you?

Yeah, you must be personally invested with the poster.

[jokertim777]

@rdrakken,

I'm flattered that you find my comments so compelling and well crafted that you would choose to imitate one.

Did you have anything else of interest to contribute?

[rdrakken]

@jokertim777 Thank you for revealing you are a troll so anyone that reads the topic can actually take some advice so they can start to make some real money.

Avoid the doom sayers and political hacks folks and listen to people who give rational information that is based on TODAYS market and not make the kind of judgements that didnt even effect YESTERDAYS markets the way they say MAY hit TOMORROW...

You can see they dont know what they are talking about in the details they give.