- This topic has 15 replies, 6 voices, and was last updated 12 years, 5 months ago by paramount.
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June 1, 2012 at 8:35 AM #19836June 1, 2012 at 8:53 AM #744733The-ShovelerParticipant
Well I officially don’t feel bad anymore about sitting on the side lines this year.
Though really I would be much better off if the whole Ponzi D’oh!, I mean economy kept going.
June 1, 2012 at 8:59 AM #744734sdrealtorParticipantWait for it….
June 1, 2012 at 9:21 AM #744736CoronitaParticipantI got a better plan. They just need to send more people to space and mine some of the asteroids, and bring back the proceeds…
http://www.reuters.com/article/2012/04/24/us-space-asteroid-mining-idUSBRE83N06U20120424
Google Inc executives Larry Page and Eric Schmidt and filmmaker James Cameron are among those bankrolling a venture to survey and eventually extract precious metals and rare minerals from asteroids that orbit near Earth, the company said on Tuesday.…..
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Planetary Resources also declined to discuss specifics about how and when asteroid mining would begin. A 30-meter long (98-foot) asteroid can hold as much as $25 billion to $50 billion worth of platinum at today’s prices, Diamandis said.
June 1, 2012 at 9:58 AM #744742sdrealtorParticipantJust as long as they dont mine Zyngaloid. I hear the market for that is plummeting.
June 1, 2012 at 11:21 AM #744757CoronitaParticipantTime to start moving money back into funds/stock markets…Man, what a doozy…..
That didn’t take long to turn negative for the year…
June 1, 2012 at 12:03 PM #744770SD RealtorParticipantSell in May go away…
June 1, 2012 at 12:54 PM #744777The-ShovelerParticipantWell that did not look like it was going anywhere,
Out..June 1, 2012 at 12:55 PM #744769The-ShovelerParticipantI may try a bounce trade this afternoon with a very tight stop,
If It does not bounce big for a positive, I think I will stay on sides for a while here.
June 1, 2012 at 1:01 PM #744778CoronitaParticipant[quote=SD Realtor]Sell in May go away…[/quote]
Which year do we return?
June 1, 2012 at 1:16 PM #744780ltsdddParticipant[quote=flu][quote=SD Realtor]Sell in May go away…[/quote]
Which year do we return?[/quote]
2012 – b/c I just moved 15% of my $ back into the equity market today. I’ll sleep well knowing that I just bought the stuff for a 2+% discount compared to yesterday’s prices. It’ll be a different story if the market tanks again on Monday. Otherwise, I will be out again with a DCB. I am not greedy, I will take a 2 or 3% gain here and there anytime I can.
June 1, 2012 at 1:59 PM #744785The-ShovelerParticipantHope you got good sleeping pills, Just kidding sort of,
Yea I was tempted to hold to see if a bounce happen on Monday.
BTW, ever hear the saying,
Stocks never hit a low on a Friday ….
Also bad sign this occurring at the first 3 trading days of the month IMO.Anyway good luck..
June 1, 2012 at 2:10 PM #744786ltsdddParticipant[quote=The-Shoveler]Hope you got good sleeping pills, Just kidding sort of,
Yea I was tempted to hold to see if a bounce happen on Monday.
BTW, ever hear the saying,
Stocks never hit a low on a Friday ….
Also bad sign this occurring at the first 3 trading days of the month IMO.Anyway good luck..[/quote]
The market has been choppy and I have been doing quite well with some “hit-and-run” trades. The market run-up from late last year up until April or so made it pretty easy to decide to be defensive and respect the “sell in May and go away” adage. I have to say this though, once you’re out of the market it’s hard to get back in unless you see days like today.
June 1, 2012 at 9:13 PM #744817paramountParticipant[quote=ltsdd][quote=The-Shoveler]Hope you got good sleeping pills, Just kidding sort of,
Yea I was tempted to hold to see if a bounce happen on Monday.
BTW, ever hear the saying,
Stocks never hit a low on a Friday ….
Also bad sign this occurring at the first 3 trading days of the month IMO.Anyway good luck..[/quote]
The market has been choppy and I have been doing quite well with some “hit-and-run” trades. The market run-up from late last year up until April or so made it pretty easy to decide to be defensive and respect the “sell in May and go away” adage. I have to say this though, once you’re out of the market it’s hard to get back in unless you see days like today.[/quote]
You bulls couldn’t be more wrong.
Listen to Peter Schiff – Peter Schiff was right.
June 1, 2012 at 10:43 PM #744824The-ShovelerParticipantI am hardly a bull these days,
Although I am not sold on Peter S. either.
Personally I can’t see how QEx will do much at this point, unless they do what Bush did, (send everyone a check). -
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