Thread: Dow @ 11,000
01-10-2006, 01:47 PM #1
Dow @ 11,000
DOW broke 11,000 on Monday....any doom and gloomers wanna chime in?
01-10-2006, 01:52 PM #2
Its going to go to 11,500 soon.
Although the market is doing good, I am doing bad. Just today I lost 13% of my investment.
01-10-2006, 02:02 PM #3
no goodOriginally Posted by CAUSASIAN
01-10-2006, 02:04 PM #4Originally Posted by Logan13
At first I was very diversfied and made alot of money, but lately I started putting all my money in a couple of Stocks mainly Oil and Gas, and I have been taking alot of losses.
I wish I had money in Gold right about now.
01-10-2006, 02:29 PM #5
Diversification is key numer one.
1)Thou shalt diversify.
The problem is by the time we find out about a certain hot commodity or industry, its to late.
I like energy stocks russian and chinese is where the money is If you are not risk sensitive. Big pharma for LT growth is good. High tech is to risky IMO.
01-10-2006, 02:44 PM #6
I prefer to keep my money tied up in the black market
01-10-2006, 02:48 PM #7Originally Posted by CAUSASIAN
Japan and china are starting to pump oil and natural gas.. the field is 50,000,000,000 metric barrels..
that should glute the market and drive prices down..
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01-10-2006, 03:18 PM #8Originally Posted by spywizard
I will go back to diversifying.
01-10-2006, 11:27 PM #9
The best way to be happy is to spend it all and enjoy.......the stock market is rigged to steal from the middle class......unless you're rich enough to be in the Carlyle group.......and then you have so much money.....why do you need any more????........oh thats right.......some people are really GREEDY.
01-11-2006, 08:04 AM #10
stupid is as stupid does.......Originally Posted by Badgerman
Every time I read one of your posts I have flashbacks to Fast Times at Ridgemont High when Jeff Spicoli hits himself in the head asking "Can you here that?"
01-11-2006, 09:49 AM #11Originally Posted by Logan13
01-11-2006, 09:13 PM #12Originally Posted by Badgerman
01-11-2006, 10:03 PM #13
I bought gold a few times several years ago, now I wonder how high it can go?
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