View Full Version : Sold my Gold...
Bernardd
March 17th, 2008, 06:58 PM
...going back into stocks.
:hat
Amanda's mom
March 17th, 2008, 07:11 PM
Why?
AlphaOmega7
March 17th, 2008, 07:59 PM
Bernardd, has anyone told you that you'd make a great impersonator of Larry Kudlow? Or Rush Limbaugh?
Bernardd
March 17th, 2008, 08:15 PM
Bernardd, has anyone told you that you'd make a great impersonator of Larry Kudlow? Or Rush Limbaugh?
No...been told I look more like Danny Devito with Meatloaf's physique (whoever they are). :idunno
Price has been going up so fast (too fast). I was expecting a pull back a few weeks ago, but ended up buying more Gold stocks!! (Okay, I'm going to sell today....ALAS!....I JUST DOUBLED MY SHARES!!!) Got lucky this time.
Didn't like what I saw today.
The gold run was good and no doubt will continue, but I'm going to wait for another entry point. (I'd like to see a pull back for a short period). Otherwise, I feel like I'm running with the herd blind to an upcoming cliff.
I found 2 stocks with possible buy points, another is releasing earnings on Wed.
Suffice it to say I'm going to dip my big toe back in the market waters and check the temperature for a few days/weeks and see what happens. I definitely want to be out in front when the markets come roaring back.
I know, I know...it's a dead end. The market will never recover. The dollar is through. I guess you can take comfort in the fact that I'm using my own money and not yours.
FarmBoy
March 17th, 2008, 08:17 PM
looks like the financial storm is over and its all sunshine from here on out. I think I'll move the majority of my funds into banking stocks, homebuilders and plasma TV manufacturers as they are smooth sailing for the next 5 years.
seekingtruth1
March 17th, 2008, 08:23 PM
:aha
Bernardd, has anyone told you that you'd make a great impersonator of Larry Kudlow? Or Rush Limbaugh?
seekingtruth1
March 17th, 2008, 08:25 PM
looks like the financial storm is over and its all sunshine from here on out. I think I'll move the majority of my funds into banking stocks, homebuilders and plasma TV manufacturers as they are smooth sailing for the next 5 years.
sheer brilliance here...youll make millions
AlphaOmega7
March 17th, 2008, 08:30 PM
I know, I know...it's a dead end. The market will never recover. The dollar is through. I guess you can take comfort in the fact that I'm using my own money and not yours.
Who knows. You could be right in the end. You pull a Joe Kennedy Sr. and go against the herd and you could be king of the world!!!
Bernardd
March 17th, 2008, 08:42 PM
Who knows. You could be right in the end. You pull a Joe Kennedy Sr. and go against the herd and you could be king of the world!!!
I think that job is already taken by someone a little more qualified.
In likelihood, I'll but some shares back within the next few weeks but not to the extent I've been in. (I had 100% of my stock funds wrapped up in ONE item! Don't tell Kudrow, Rush, or Cramer, please. I wouldn't want them ousting from the good ol boys' club).
Good luck with those investments, FarmBoy. You're a braver man than I (though that's not saying much).
AlphaOmega7
March 17th, 2008, 08:50 PM
All Glory to our Lord and Savior Jesus Christ!!! King of Kings, Lord of Lords.
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