That is exactly the type of post I talk about when citing overly negative things in here. You are crazy or stupid if you have not sold all your stocks? I put over 1 Million dollars into the long side of the stock market in individual stocks at the close on 11/26/07 with the Dow at 12743, can you tell me that was a stupid move, I have already made over 100k on those positions, yet I am stupid? How much money have your shorts made during that same time period?
I do plan on exiting this trade soon, but blanket statements like that are exactly what I try to fight by being here, I do not know why I even bother.
I feel sorry for inexperienced people who read a post like that, from someone with a handle like yours that might lead people to believe you are credible.
It entirely depends on your time horizons as to whether you buy or sell and how you do it. A fear inspring post like that does not help anyone. You could have easily made those points without those insulting additions belittling people.
Further, Gold has no history of going up when stocks decline, read the charts before making comments like that.