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Old 05-18-2009, 08:58 PM   #1
domain seller
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Just wanted to let you guys known the markets are going down this summer.

If you are anything other than short the next few months (USA markets) you are likely going to be hurting.

One good recent short sale has been good is PNRA and should continue to be for the next 6 months. I would wait about a week to enter this one though.

DNDN could be a good long if you insist on taking that side of the fence.

The USD has had its last fake rally for a while. We go even lower from here against most currencies.

You are welcome!

If you invest based off of opinions you read on GFY then you need your head examined and this post is in no way a recommendation to buy or sell securities.
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Old 05-18-2009, 08:59 PM   #2
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So what you are saying is I should dump all of my assets, sell my house, and put it all in GM stock?
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Old 05-18-2009, 09:00 PM   #3
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How high do you predict baC going before tanking?

I've double my money on them in the last few months...
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Old 05-18-2009, 09:01 PM   #4
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Quote:
Originally Posted by Sly View Post
So what you are saying is I should dump all of my assets, sell my house, and put it all in GM stock?
i hear AJC is a hot commodity on the GFYSX, give all your monies to them...
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Old 05-18-2009, 09:02 PM   #5
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How high do you predict baC going before tanking?

I've double my money on them in the last few months...
Yeah been riding that train but have moved on 2 weeks ago so do not have an informed opinion.
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Old 05-18-2009, 09:50 PM   #6
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LOL. funny post

If you're not buying right now your missing out on lots of money
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Old 05-18-2009, 10:04 PM   #7
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The market is a wild time right now. It has appeared "normal" lately but I wouldn't be caught dead right now owning a stock WITHOUT buying a put for insurance. The cost is only a small percentage...
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Old 05-18-2009, 10:22 PM   #8
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For long term investors now is actually a great time to buy, it may dip a little here and there, but over the next few years, those that buy now will make a nice profit...
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Old 05-18-2009, 10:25 PM   #9
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Im putting all my money in toilet paper stock. Everyone still has to shit no matter what..
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Old 05-18-2009, 10:31 PM   #10
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Heard the same from a few guys more in the know than me. My larger holdings will be gone by the end of June......we'll see how it goes I guess.
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Old 05-18-2009, 11:14 PM   #11
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Originally Posted by OG LennyT View Post
LOL. funny post

If you're not buying right now your missing out on lots of money
Riiding it down and then going long later is a better way to make money. This summer is going to be painful for most longs.
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Old 05-19-2009, 02:04 AM   #12
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most US economists say that the economy will satrt bouncing off by the end of this summer, I say by the end of the year, so IMO right now you should be buying - there isn't much room for downward movements
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Old 05-19-2009, 02:34 AM   #13
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most US economists say that the economy will satrt bouncing off by the end of this summer, I say by the end of the year, so IMO right now you should be buying - there isn't much room for downward movements
yeah, probably the same economists who couldnt see this mess coming and who predicted the same thing (recovery) last year during May, are now seeing the end of recession.
i will take their word.
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