5 worries on Wall Street

[Anonymous]

No gloating by you, HWG; that would be unbecoming.

[HereWeGo]

Gloating???

I didn’t but SRS, I didn’t jump into the 10-year bear fund, and in a totally unrelated equity, i’m being slaughtered (well, losing a fair amount of blood, at least) as all hogs should, after getting greedy when the equity surged through my sell point for no apparent reason.

Trust me, no gloating at all from this end.

[HereWeGo]

Gloating???

I didn’t but SRS, I didn’t jump into the 10-year bear fund, and in a totally unrelated equity, i’m being slaughtered (well, losing a fair amount of blood, at least) as all hogs should, after getting greedy when the equity surged through my sell point for no apparent reason.

Trust me, no gloating at all from this end.

[Chris Scoreboard Johnston]

calysmeow

I got short the S&P yesterday on my short term timing system, but exited today for a profit. This just looks for quick hits. The bigger picture method is not likely to generate a sell at weeks end, it only works on weekly data.

If you look back to my prior comments, I did say it would not shock me to see us go back down, even though I did not predict it. Mr Bills Wild Ride going on in Bonds, stocks are holding up ok so far, eventually they will give way if this does not abate.

[Chris Scoreboard Johnston]

calysmeow

I got short the S&P yesterday on my short term timing system, but exited today for a profit. This just looks for quick hits. The bigger picture method is not likely to generate a sell at weeks end, it only works on weekly data.

If you look back to my prior comments, I did say it would not shock me to see us go back down, even though I did not predict it. Mr Bills Wild Ride going on in Bonds, stocks are holding up ok so far, eventually they will give way if this does not abate.

[calysmeow]

Chris, thank you for the information. I am not financially savvy, like many in this forum, but I am a quick learner. I had planned to buy soon but have since decided to look into renting for another year or two and watch the housing prices. Profit from my home sale in March is tucked away. I have stock options that I had planned to cash in to give me more money to put down on a house. Not sure if I should go ahead with the plan to cash out the options (even though I probably will not be buying soon) since the stock prices are wavering some in tech area, or hold on for another year until I am actually ready to buy.

I am sure there are several differing opinions on this forum, but any information would be most appreciated.

[calysmeow]

Chris, thank you for the information. I am not financially savvy, like many in this forum, but I am a quick learner. I had planned to buy soon but have since decided to look into renting for another year or two and watch the housing prices. Profit from my home sale in March is tucked away. I have stock options that I had planned to cash in to give me more money to put down on a house. Not sure if I should go ahead with the plan to cash out the options (even though I probably will not be buying soon) since the stock prices are wavering some in tech area, or hold on for another year until I am actually ready to buy.

I am sure there are several differing opinions on this forum, but any information would be most appreciated.

[Anonymous]

calysmeo, in my opinion, stock prices will be lower, maybe markedly lower, in one year.

If I were in your shoes, I’d (1) exercise my options now and put the cash that you clear into a money market fund, (2) when the stock market crashes, gold will go down with it; move from the money market into gold, then, and (3) hold onto that gold for some years, as it will make a very nice downpayment for you when the time is right to buy a house.

Good luck to you.

[Anonymous]

calysmeo, in my opinion, stock prices will be lower, maybe markedly lower, in one year.

If I were in your shoes, I’d (1) exercise my options now and put the cash that you clear into a money market fund, (2) when the stock market crashes, gold will go down with it; move from the money market into gold, then, and (3) hold onto that gold for some years, as it will make a very nice downpayment for you when the time is right to buy a house.

Good luck to you.

[PerryChase]

While I’m not on the same page with you on politics, I’m with you on economics. Yes, there’ll be blood in La Jolla around 2010? So true what you said about venture capital.

I do, however, think that Chris is right. The bull will last another several months.

[PerryChase]

While I’m not on the same page with you on politics, I’m with you on economics. Yes, there’ll be blood in La Jolla around 2010? So true what you said about venture capital.

I do, however, think that Chris is right. The bull will last another several months.

[HereWeGo]

caly-
How strong is the company associated with the options?

[HereWeGo]

caly-
How strong is the company associated with the options?

[calysmeow]

Fairly strong I believe. A top computer company.

[calysmeow]

Fairly strong I believe. A top computer company.

[Author]

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