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Post by smackdown on Sept 5, 2011 16:50:35 GMT -5
Word is that Asia and Europe had a Black Monday. What you need to grasp is-- that means Wall Street's super computers are geared for fast play tomorrow. I'm doubting you can sell faster than they can. It should occur to you that with Friday's notice of lawsuit against the 17 banks, they'll be taking from you to pay the retainer.
WHY would you remain in investments that somebody else controls?
A lot in grandma's trust is about to go bust.
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Post by smackdown on Sept 5, 2011 17:08:56 GMT -5
You are on the right track. Just think broader. Gold will certainly rise as stocks realize their demise, but there are many more commodities out there that won't capture the attention of the wagon-riders until the price is closer to nosebleed outrageous. Buy at the bottom, beat the lot of them.
Hey USAONE... how are you feeling about all that JPM you bought a week ago or so? Ouch!!!!
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Post by smackdown on Sept 5, 2011 17:19:04 GMT -5
Chin up. Running shoes on. It's a long way up from the Abyss but if we stand on enough losers sexting on their i-phones, we might get the former working class up and rebuilding the right stuff real counties are made of-- out of the rubble. The next election will be a show of hands across the land, not a chit a twit can manipulate. An awful lot of college programming is about to go-- pop.
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Post by lifewasgood on Sept 6, 2011 8:13:28 GMT -5
QE3 later this month will pump the market and gold will go much higher. However, Silver once again will be the play just as it was last September.
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usaone
Senior Member
Joined: Dec 21, 2010 9:10:23 GMT -5
Posts: 3,429
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Post by usaone on Sept 6, 2011 8:42:42 GMT -5
Already sold it! Cha CHING $$$$$$$$$$$$$$$$
Europe has already rebounded from yesterday.
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Post by smackdown on Sept 6, 2011 8:50:49 GMT -5
"Already sold it! Cha CHING $$$$$$$$$$$$$$$$"
Europe has already rebounded from yesterday.
Interesting. It dropped like a rock from the day you bragged about buying it.
Europe: That's Wall Street buying depressed stocks on credit again. The exact same scenario that led YOU to buy JPM. You don't get it. There isn't any QE3 and the volume of global currency is finite now. You can only lose.
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usaone
Senior Member
Joined: Dec 21, 2010 9:10:23 GMT -5
Posts: 3,429
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Post by usaone on Sept 6, 2011 9:24:53 GMT -5
JPM was up SHARPLY after I bought and so was BAC.
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usaone
Senior Member
Joined: Dec 21, 2010 9:10:23 GMT -5
Posts: 3,429
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Post by usaone on Sept 6, 2011 9:28:30 GMT -5
Always been this way.
This isnt the first ever period of volitility.
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Post by lifewasgood on Sept 6, 2011 10:13:57 GMT -5
JPM was up SHARPLY after I bought and so was BAC.  Nothing quite like buying stocks on the way down.  |
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usaone
Senior Member
Joined: Dec 21, 2010 9:10:23 GMT -5
Posts: 3,429
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Post by usaone on Sept 6, 2011 14:45:15 GMT -5
Bac went up 14% after it hit $6.01 sorry you missed it VL. A lot of money was made.  |
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