Topstockblog

Blogging to add value. Sharing and discussing helpful websites, money, stocks, etc.

To buy or sell stocks?

“SELL!!! SELL!!!! SELL!!” as Jim Cramer of Mad Money would say.   Understandable the market and everyone around the world is very excited about the government ownership in the banking industry.   With government ownership society can collect higher tax revenue at a lower tax rate for everyone.  Today Secretary Paulson went on television calling the move unwanted; but, necessary.   Offering banks the ability to re buy stock purchased by the government in the future.  This makes Topstockblog bearish on the market.   The 900 point rally is a great time to cash out.

Entertainment and education,

October 14, 2008 Posted by | Uncategorized | , , , , | Leave a comment