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-   -   Just wanted to let you guys known the markets are going down this summer. (https://gfy.com/showthread.php?t=905972)

domain seller 05-18-2009 08:58 PM

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. :2 cents:

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.

Sly 05-18-2009 08:59 PM

So what you are saying is I should dump all of my assets, sell my house, and put it all in GM stock?

PSSuperstars 05-18-2009 09:00 PM

How high do you predict baC going before tanking?

I've double my money on them in the last few months...

Angry Jew Cat - Banned for Life 05-18-2009 09:01 PM

Quote:

Originally Posted by Sly (Post 15866154)
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...

domain seller 05-18-2009 09:02 PM

Quote:

Originally Posted by PSSuperstars (Post 15866156)
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.

OG LennyT 05-18-2009 09:50 PM

LOL. funny post

If you're not buying right now your missing out on lots of money

mmcfadden 05-18-2009 10:04 PM

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...

woj 05-18-2009 10:22 PM

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... :thumbsup

stickyfingerz 05-18-2009 10:25 PM

Im putting all my money in toilet paper stock. Everyone still has to shit no matter what.. :2 cents:

ultimatebbwdotcom 05-18-2009 10:31 PM

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.

domain seller 05-18-2009 11:14 PM

Quote:

Originally Posted by OG LennyT (Post 15866223)
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.

Antonio 05-19-2009 02:04 AM

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

teomaxxx 05-19-2009 02:34 AM

Quote:

Originally Posted by Antonio (Post 15866557)
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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