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Stock market is up...

Old 11-04-2010, 07:43 AM
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Default Stock market is up...

SO what to buy? I have some cash sitting on the sidelines, should I leave it for now? What are you guys looking at buying soon with up-side potential?
Old 11-04-2010, 07:57 AM
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I am happy with the Ford (f) stock I bought a few months ago

I wish I had held on to my Palladium shared (PALL) but I sold them at 55 because when I bought them at 52 they went to 58 then tanked to 47. Now they are at 66 . I am thinking there is going to be another crash in palladium soon, and I will buy it again then. I may be wrong, infact I almost always am.
Old 11-04-2010, 08:00 AM
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The only advice I can offer is to use stop loss orders on all short-term trades (if you are a trader). I always bought at good times but never got the knack of selling right.
Old 11-04-2010, 08:08 AM
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I liquidated my non retirement positions at 10500, in part due to some short term cash needs I had and in part to re-evaluate my long investment strategy. When the market dropped to the mid 9,000's, i began $ cost averaging back into the market with a long term goal (over the course of a year or two) to be back in with non-reserve cash. timing the market is pretty futile, even for a sophisticated investor. If i see signs that the economy and production are greatly improving, I can always increase my averaging back in, but i am not of the market timing mentality.

My previous strategy resulted in a very modest 5 year return through my liquidation date, much better than significant losses that many suffered.

I will be happy with modest returns going forward while limiting my downside.
Old 11-04-2010, 08:22 PM
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My ESOP shares from my working career are almost at the cost basis limit. It would be perfect if I could sell them just below that limit and write off the capital loss and that would fund my travel trailer! Things are looking up, after all, it's like free money!
Old 11-06-2010, 06:52 AM
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I would read this


http://www.martinarmstrong.org/files...10-31-2010.pdf
Old 11-06-2010, 07:14 AM
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Originally Posted by nat View Post
Heavy read..he's predicting a market topping 18000 by 2016 ??
Old 11-06-2010, 07:19 AM
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OK when I saw the format I said what is the heck looks like it was bange dout on an old Royal. Then I skimmed it; and that and knowing Nat sent it - I think yes - it should be a good tool in investment the arsenal and I will read the whole thingin again indetail. The guy does seem to have a bit technical to me very pragmatic approach - considering lots of factors. Nat - do w eknow anyhting about his track record?

Thanks
Old 11-06-2010, 07:37 AM
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Originally Posted by appfan99 View Post
SO what to buy? I have some cash sitting on the sidelines, should I leave it for now? What are you guys looking at buying soon with up-side potential?

You should have bought already. Are you long or a short term person?
Old 11-06-2010, 07:57 AM
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Originally Posted by LI Sound Grunt View Post
OK when I saw the format I said what is the heck looks like it was bange dout on an old Royal. Then I skimmed it; and that and knowing Nat sent it - I think yes - it should be a good tool in investment the arsenal and I will read the whole thingin again indetail. The guy does seem to have a bit technical to me very pragmatic approach - considering lots of factors. Nat - do w eknow anyhting about his track record?

Thanks
His work is better than a free 4 yrs at MIT or Harvard or Berkley

I suggest everyone book mark this link and download the PDF files to save and pass on to your kids and grandkids



his track record is worth your time to look into

here is the link to his work that he has written while in prison


http://www.martinarmstrong.org/economic_projections.htm
Old 11-06-2010, 08:29 AM
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I suggest listening to this while your reading ............


http://www.youtube.com/watch?v=EkoaB...layer_embedded




http://www.youtube.com/watch?v=3RdI4...ayer_embedded#!







but read page 5 and 6 2-3 maybe 4 times
Old 11-06-2010, 08:54 AM
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A wise old co worker once told me this:

When a person loses money in the market, it's a shame.

When a person loses money at Lost Wages, he's a fool.

What's the difference?
Old 11-06-2010, 09:38 AM
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Originally Posted by the good life View Post
A wise old co worker once told me this:

When a person loses money in the market, it's a shame.

When a person loses money at Lost Wages, he's a fool.

What's the difference?
Well, in Lost Wages, you know the odds are stacked against you. In the market,...oh...never mind...
Old 11-06-2010, 09:43 AM
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Originally Posted by nat View Post

here is the link to his work that he has written while in prison


http://www.martinarmstrong.org/economic_projections.htm

;?
Old 11-06-2010, 11:55 AM
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Originally Posted by triumphrick View Post
;?


throughout the history of mankind people of Armstrongs caliber have been imprisoned or put to death.It's nothing new


But, let's not consider the history of mankind in this day and age
Old 11-06-2010, 12:19 PM
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This market has been range-bound for a month. Break-outs haven't been working well...

CMP
Old 11-06-2010, 01:17 PM
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when the market is UP, I search for things to sell. Buy when it's down.
Old 11-06-2010, 03:08 PM
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LVS - with Reid's amazing re-election it has to be good for some more run up.
There has to be some smart folks in Nevada.
Old 11-06-2010, 03:50 PM
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LVS-told everyone here at $8 that it was a buy. I am happy with my 52000 shares now North of $50. However, its a rollercoaster and I would buy in slowly on any dips...

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