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#1
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This isn't a crash. Just wait. This will get far worse. I've been in puts on the market in various stocks for the last two weeks. Sweet redemption today. The VIX has been so low for so long, it just shows everyone who believed this goldilocks nonsense is crazy...The housing market will be getting worse as well. Median prices were down today yet the rah rah media wants to point to increased sales. LMAO, yeah b/c prices are falling.
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#2
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#3
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This article attempts to project the upcoming week.
http://news.yahoo.com/s/ap/20070304/...week_ahead???? |
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#4
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#5
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I only follow gold and other metals regarding oil futures. To me, the yen-dollar exchange rate seems to be a better indicator. To each their own. Seems that lots of investors are going to the bond market and waiting for things to settle. This week should be choppy. One report I heard said it could take six months for things to stabilize. I'm not "doom and gloom" at this point, just cautious. I'm watching as of now. Some bargains are there, as prices got dragged down along with others that really needed correction. btw...the links I post are just for information purposes. I'm not looking to debate, just to bring views to assist understanding. |
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#6
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I'm definitely sitting on the sidelines for now.
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#7
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I learned a lesson that may or not be applicable. When we were in the beginning of the 1st gulf war, August 1990, I went all in. The Dow was at 2000. At that time conventional wisdom said it could never, ever get over 10,000.
Kev posted about if the Dow could ever reach 11,000 about a year ago, or less? Before this, when the Dow was at 7700 my brother (Mr. Banker) said get the hell out. So I bought back in. A whole lot of luck and I am definitely just continuing the basic dollar cost monthly put back, but there might come a time in the next year or so and around the presidential panic (maybe when a Dem wins and says we got to play with the tax giveaways) when I take another chunk and go right back in. Mutual index funds and you dont have to be an expert if you dont have the time. I cant compete with the mad money guys, I have not the time or interest. |
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#8
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If you have the feel for it, check out the commodities. I'm looking at soybean futures, especially due to the honeybee die offs. |