sdavid0419

11 Months After the Oil Bubble Burst

Brilliant observation. I'm still losing my @ss on my Chevron stock and my GLD stock is showing a profit. If we all had 20/20 hind sight we'd know exactly when to buy and sell our stocks. I was still working after the last recession ended and one of my employees heard on TV that a certain stock had gained 300% in less than a year. I had held that stock from prior to that colapse. I told her if it gained 300% more I still wouldn't be even. For someone talking a stock up a 300% gain sounds great. There ought to be a law that if a stock is only getting back to where it should have been all along it can't be considered a gain but a cutting of the losses which is a much more accurate statement.