> When one looks at the big picture -700 unemployed applying for a > janitors job, 1,000's of Americans homeless and moving in with family > or worse tent cities, millions of people out of work... you have > to be realistic. The domino effect has just begun and it is racing > around the entire globe. > The world is not only on a precarious financial precipic, but we > also have a myriad of security issues to worry about. Along with > that, add in the usual natural disasters we can count on every year, > and the growing discontent,frustration and fear in the world's population. > > Tell me, do you really think that the day to day ups and downs of > the dow will make a difference in 99% of the world's population? > Traders are making money whether the market goes up or down but the > average guy in the street with no money and no job still doesn't > have money to spend. Meanwhile, more jobs are lost every month, > and the cycle continues. Unfortunately, this crisis is not over > and we will continue to see fluctuations in the market. Have your > stops in place...
I know it's ridiculous, but I bought some GLD shares early in 2005 and have been adding and subtracting based on 200d SMA. When GLD was at $75.00 I started adding more and now use a 600d SMA and keep moving my "stops" accordingly...... I know, I know, I know, I'm nuts, so maybe I'll buy some C, F, MSFT, QQQQ to go with my GLD and big macs (MCD). That way I'll have a well balanced and diverse folio............ Actually, it's a good thing to have lots of cash and hunker down because this mess will last for a long time..... The great transfer of wealth has begun and will grow more intense with the current administration and it's kool aid supporters who actually think the screwups in government can do something right.......
facts ma'm, just give me the facts........... AND SET YOUR DAMNED STOPS!!
History is bunk........... what happens to the SP500 @ 6:30 (LA time) has little relation to what the the SP500 reads @ 10am......... 1980 has little to do with 2000 or 2008
"GOLD IS GOOD".......... been in it 3 years and since the dollar which is being destroyed by the fools in Washington and on Wall St. it looks like I'll be in it a lot longer....... Swiss francs (FXF) are good too....... I sold all American junk and have been heavy into Canada (EWC) and Brazil (EWZ) for over 2 years........... DJP is a favorite .......it's all about things in the ground and grow out of the ground from here on out folks, believe it.......... BUT, be sure to set your stops... :) :)
Who's to Blame for the Commodities Boom? [View article]
The real problem is the supply of resources is lessening while the demand for resources is growing......... Population growth is the real problem.......
Gold Is Going to Gain [View article]
On Mar 11 09:35 AM Kelly Lieberman wrote:
> When one looks at the big picture -700 unemployed applying for a
> janitors job, 1,000's of Americans homeless and moving in with family
> or worse tent cities, millions of people out of work... you have
> to be realistic. The domino effect has just begun and it is racing
> around the entire globe.
> The world is not only on a precarious financial precipic, but we
> also have a myriad of security issues to worry about. Along with
> that, add in the usual natural disasters we can count on every year,
> and the growing discontent,frustration and fear in the world's population.
>
> Tell me, do you really think that the day to day ups and downs of
> the dow will make a difference in 99% of the world's population?
> Traders are making money whether the market goes up or down but the
> average guy in the street with no money and no job still doesn't
> have money to spend. Meanwhile, more jobs are lost every month,
> and the cycle continues. Unfortunately, this crisis is not over
> and we will continue to see fluctuations in the market. Have your
> stops in place...
A Simple Post on Gold [View article]
I know, I know, I know, I'm nuts, so maybe I'll buy some C, F, MSFT, QQQQ to go with my GLD and big macs (MCD). That way I'll have a well balanced and diverse folio............
Actually, it's a good thing to have lots of cash and hunker down because this mess will last for a long time..... The great transfer of wealth has begun and will grow more intense with the current administration and it's kool aid supporters who actually think the screwups in government can do something right.......
Gold Poised to Move Higher [View article]
History is bunk........... what happens to the SP500 @ 6:30 (LA time) has little relation to what the the SP500 reads @ 10am......... 1980 has little to do with 2000 or 2008
finance.yahoo.com/etf/...
Why I'm Still Holding Onto Gold [View article]
Who's to Blame for the Commodities Boom? [View article]