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#1 |
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Senior Member
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About being long in this market?
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#2 |
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Depends if you are in short-term or long term.
I pulled some of my clients money out and have been sitting on cash for a month or so. Others are in it for the long haul, and they understand that the markets have upswings and downswings.
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E46 E39 Buy my E39! Or trade me your EP3/DC5! http://www.hondamarketplace.com/zerothread/2146437 bmheck@gmail.com |
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#3 | ||
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Pirate General...YARRRR
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Short term, it might be time to think about moving funds.
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E-thug Protection Agency Member #003 W.B.R.A.member #004 |
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#4 | |
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Might want to look into that fund. Lots of shaky stuff going on in the markets right now |
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#5 | |
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Member
Join Date: Sep 2005
Posts: 1,038
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It has been going down these several days.
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#6 | ||
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Economic DOOM Moderator
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The rising interest rates aren't going to curtail energy price related inflation per say . . . . I think the market is in for a correction personally, but maybe thats just me.
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The Impending Second Great Depression |
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#7 |
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Join Date: Mar 2002
Posts: 5,568
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Raise interest rates and the stock market will tank.
Pause and the dollar will continue to get pounded. I think we are at least going to see another 50 basis points.... I would not be long this market at all I would be short the s&p/dow/naz futures. The only thing I might be long is gold once it puts in a bottom which could be very soon if not already forming. |
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#8 | |
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Economic DOOM Moderator
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Gold is a fickle investment though, didnt it hit 712.25 recently or something crazy like that? I wouldnt be suprised to see it back below 600 in the near future.
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The Impending Second Great Depression |
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#9 |
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Join Date: Mar 2002
Posts: 5,568
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futs hit 740 or near it
that move was all specualtion as metals were pumped left and right. A reasonable number for gold is 800 year end. |
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#10 |
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Senior Member
Join Date: Jan 2004
Location: Az
Posts: 1,915
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I'm worried that in a few months i'm going to kick myself for not picking up on some nicely priced stocks that are out there right now.
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#11 | ||
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Economic DOOM Moderator
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No friggin way gold gets to 800 by year end, I'll bet my life on it. It WAS trading up around that 740 level what, two weeks ago, up from a low of 400 or so for a year, thats a huge increase due to speculation and now its starting its decline back to sane levels (605 yesterday and falling fast). Modified by FrreeeBird at 11:29 AM 6/9/2006
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The Impending Second Great Depression |
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#12 |
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Senior Member
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Hell yeah I lost 1G this week.
And I wanted to make that back so I got into HOM for just a quick ride, it was cheap because it took a huggee dive, because some bs report from stocklemon.com. Got in and actually my target price was reached then I got greedy and held and it hasnt reached it again. So I am stuck in it, until next week, hopefully a good PR comes out monday or something. That or I have to hold for like 2 weeks more. Which is ok because I am going on vacation anyway. Its a bear market it must have been easy for shorts these days, I just dont have the guts to short. Modified by Skittles at 7:58 PM 6/9/2006 |
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#13 |
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Member
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People think "long" is a month.
Get back to me in 20 years. and buy some BRK-B
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#14 | |
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#15 | |
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E46 E39 Buy my E39! Or trade me your EP3/DC5! http://www.hondamarketplace.com/zerothread/2146437 bmheck@gmail.com |
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#16 | |
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#17 |
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If you bought in at the "rush" I would be in a hurry to lower your cost basis...or short it
![]() Best of luck to you...
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E46 E39 Buy my E39! Or trade me your EP3/DC5! http://www.hondamarketplace.com/zerothread/2146437 bmheck@gmail.com |
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#18 | |
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Senior Member
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Thanks |
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#19 | |
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Join Date: Mar 2002
Posts: 5,568
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Banks are shorting the shit out of gold in order to hold it down... imo We will see. |
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#20 | |||
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LOL woooow.....A comment like that shows just how worthless your life is then? It's not speculation. It's inflation......PROVEN fact. Read the news out today. Fed's Pianalto says troubled by rise in inflation http://news.yahoo.com/s/nm/200...ed_dc Gold will move back over 700 onto 800 in 6 months
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