Official Stock Market & Economy Thread

srs putting in work so far.... i may have to grab my gain and run ... well that is b4 obama explains the housing help details
 
looks like i should have sold at 81.80
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...

everytime obama speaks ... the market falls ...
 
Originally Posted by freakydestroyer

Originally Posted by nicefro

when is obama speaking?
hopefully never


roll.gif
.... looks like i def. should have sold early and then bought back inat a drop ... commercial real estate will eventually blow up ... its just a matter of when ... nothing can be done to stop it ... even if companies stay inbusiness they willl be closing down underperforming stores ...
 
I wouldn't be caught dead holding FAS right now. FAZ has made me over 50% since I bought it. I thought the downturn was going to be sharper, as opposed toa process drawn out over 2-3 weeks. There are going to be some violent swings on the way down to 3k, so be ready to sell those FAS holdings on the upswings anddo it quickly because we won't stay up there for long.

Think I'm going to buy some guns/ammunition. They will always hold value for barter/safety. They will be needed as I see it because this country'sdoomed because that's what TPTB want. Unions getting too strong so they bring the country to its knees and people will be begging for those same jobs athalf the pay.

Obama's being set up to fail, and the failure will be blamed on socialism.

OH, and be ready for WW3 by 2012 probably. History shows us that it's almost a certainty.
 
I got into EGO and DGP on Tuesday... should I hang onto these positions for the long run or sell now? I am down 6% since I got in...
 
Originally Posted by Banks2Pierce

I wouldn't be caught dead holding FAS right now. FAZ has made me over 50% since I bought it. I thought the downturn was going to be sharper, as opposed to a process drawn out over 2-3 weeks. There are going to be some violent swings on the way down to 3k, so be ready to sell those FAS holdings on the upswings and do it quickly because we won't stay up there for long.

Think I'm going to buy some guns/ammunition. They will always hold value for barter/safety. They will be needed as I see it because this country's doomed because that's what TPTB want. Unions getting too strong so they bring the country to its knees and people will be begging for those same jobs at half the pay.

Obama's being set up to fail, and the failure will be blamed on socialism.

OH, and be ready for WW3 by 2012 probably. History shows us that it's almost a certainty.


i think what u are saying is out there. But i'm not a hata. I'd put money that FAS will go up more than FAZ (% wise) in the next 2 weeks.
 
Originally Posted by wizards23

I got into EGO and DGP on Tuesday... should I hang onto these positions for the long run or sell now? I am down 6% since I got in...

You're too late. Gold's retracing right now.
 
Originally Posted by Banks2Pierce

I wouldn't be caught dead holding FAS right now. FAZ has made me over 50% since I bought it. I thought the downturn was going to be sharper, as opposed to a process drawn out over 2-3 weeks. There are going to be some violent swings on the way down to 3k, so be ready to sell those FAS holdings on the upswings and do it quickly because we won't stay up there for long.

Think I'm going to buy some guns/ammunition. They will always hold value for barter/safety. They will be needed as I see it because this country's doomed because that's what TPTB want. Unions getting too strong so they bring the country to its knees and people will be begging for those same jobs at half the pay.

Obama's being set up to fail, and the failure will be blamed on socialism.

OH, and be ready for WW3 by 2012 probably. History shows us that it's almost a certainty.
How can you think that when those aren't your thoughts.
At least provide some attribution.
 
I take what I hear and form my own thoughts/opinions on them. And what did I say there besides dow 3k that wouldn't be my thought? Is it so bad wawawa toenlighten a few people?
 
Originally Posted by Banks2Pierce

I take what I hear and form my own thoughts/opinions on them. And what did I say there besides dow 3k that wouldn't be my thought? Is it so bad wawawa to enlighten a few people?
It isn't a case of 'bad' or 'good'.
 
this isnt a doomsday scenario. central banks are working in a coordinated fashion. war won't break out anywhere besides maybe eastern europe and maybe somecivil unrest/riots in china. countries arent stupid, theuy realize that theres a strong threat of mutually assured destruction if they try making a power move.what is going on however is a massive usurpation of power by governments and a coordinated devaluation of currencies against hard assets. that is why imbullish on gold and bearish on guns.

gold is at july highs, i'm now 100% cash, i think gold pulls back from here for 3-4 weeks prolly.

who knows where the market goes, but i am at odds trying to find conviction to the downside. i'll wait and see if we get the reversal i'm looking for.
 
Originally Posted by Dey Know Yayo

this isnt a doomsday scenario. central banks are working in a coordinated fashion. war won't break out anywhere besides maybe eastern europe and maybe some civil unrest/riots in china. countries arent stupid, theuy realize that theres a strong threat of mutually assured destruction if they try making a power move. what is going on however is a massive usurpation of power by governments and a coordinated devaluation of currencies against hard assets. that is why im bullish on gold and bearish on guns.

gold is at july highs, i'm now 100% cash, i think gold pulls back from here for 3-4 weeks prolly.

who knows where the market goes, but i am at odds trying to find conviction to the downside. i'll wait and see if we get the reversal i'm looking for.
Yayo do you follow the credit and bond markets?
A friend of mine who does says that they have gotten a bunch better (for the short term, he doesn't discount another shock maybe 6-12 months out) and hesees Dow around 9k (bear market rally) by April for that reason.

I'm still bearish on the market but he's been pretty spot on with the credit markets so I won't discount it. I don't follow the credit marketsin depth though.
 
yeah bond markets arent gonna collapse like i originally though because the fed is going to buy treasuries with printed money to keep rates low, which helpscredit markets. i don't think we go down big again till prolly oct/nov or so. until then, bear bounceeee ftw.

all this means is GOLD is thew ay to go.
 
DKY - You don't think this run by Gold last through the week (meaning Thursday and Friday)? While volume has started to subside as Gold got closer to $970.If you look at some of the spot prices, gold is near the $980 mark. I am in a couple trading positions in RGLD and think there will be one last small push bygold, bringing RGLD close to the 47-48 mark before descending as gold begins to create its higher lows.
 
definitely could, i'm just taking profits cuz we're at july highs, which i'm guessing will offer some resistance. you could be right though,i'm playing conservatively cuz i think the next big move in gold is goign to be huge and i want to be as liquid as possible for that.
 
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