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Thread: Dow @ 11,000

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    Logan13's Avatar
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    Dow @ 11,000

    DOW broke 11,000 on Monday....any doom and gloomers wanna chime in?

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    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.

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    no good

    Quote Originally Posted by CAUSASIAN
    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.
    No good, which markets do you have your money in?

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    Quote Originally Posted by Logan13
    No good, which markets do you have your money in?
    NYSE, AMEX, NASDAQ, OTCB, and even Pink Sheets.

    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.

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    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.

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    I prefer to keep my money tied up in the black market

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    Quote Originally Posted by CAUSASIAN
    NYSE, AMEX, NASDAQ, OTCB, and even Pink Sheets.

    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.
    not sure that's such a good idea..

    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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    Quote Originally Posted by spywizard
    not sure that's such a good idea..
    Yeah, I realized that. I just got arrogant.

    I will go back to diversifying.

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    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.

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    stupid is as stupid does.......

    Quote Originally Posted by Badgerman
    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.
    And some people are bitter because they do not want to work hard and succeed, it is easier for them to except failure when they can blame someone for it.........
    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?"

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    Quote Originally Posted by Logan13
    And some people are bitter because they do not want to work hard and succeed, it is easier for them to except failure when they can blame someone for it.........
    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?"
    Work hard and succeed????....are you describing the Stock Market????.....funny

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    Quote Originally Posted by Badgerman
    Work hard and succeed????....are you describing the Stock Market????.....funny
    C'mon now! I could call you out........ but I won't.

  13. #13
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    I bought gold a few times several years ago, now I wonder how high it can go?

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