[stockstradr]

In the words of a wise contributor to these forums (nickname: “peterb”)…paraphrasing:

“The real money is going to be made on the next leg down!”

I agree with that sentiment.

[stockstradr]

In the words of a wise contributor to these forums (nickname: “peterb”)…paraphrasing:

“The real money is going to be made on the next leg down!”

I agree with that sentiment.

[stockstradr]

In the words of a wise contributor to these forums (nickname: “peterb”)…paraphrasing:

“The real money is going to be made on the next leg down!”

I agree with that sentiment.

[stockstradr]

>>Last chance for 6-18 months, maybe.

OK, of course, I agree with that. However, it remains an open question WHAT will the markets do after they hit say S&P500 = 600 or 700 in 2009?

I’m not willing to bank on that initiating a big bull market.

At that point with stocks bottoming in 2009, I’m going long GOLD, and OIL, and Chinese stocks.

[stockstradr]

>>Last chance for 6-18 months, maybe.

OK, of course, I agree with that. However, it remains an open question WHAT will the markets do after they hit say S&P500 = 600 or 700 in 2009?

I’m not willing to bank on that initiating a big bull market.

At that point with stocks bottoming in 2009, I’m going long GOLD, and OIL, and Chinese stocks.

[stockstradr]

>>Last chance for 6-18 months, maybe.

OK, of course, I agree with that. However, it remains an open question WHAT will the markets do after they hit say S&P500 = 600 or 700 in 2009?

I’m not willing to bank on that initiating a big bull market.

At that point with stocks bottoming in 2009, I’m going long GOLD, and OIL, and Chinese stocks.

[stockstradr]

>>Last chance for 6-18 months, maybe.

OK, of course, I agree with that. However, it remains an open question WHAT will the markets do after they hit say S&P500 = 600 or 700 in 2009?

I’m not willing to bank on that initiating a big bull market.

At that point with stocks bottoming in 2009, I’m going long GOLD, and OIL, and Chinese stocks.

[stockstradr]

>>Last chance for 6-18 months, maybe.

OK, of course, I agree with that. However, it remains an open question WHAT will the markets do after they hit say S&P500 = 600 or 700 in 2009?

I’m not willing to bank on that initiating a big bull market.

At that point with stocks bottoming in 2009, I’m going long GOLD, and OIL, and Chinese stocks.

[stockstradr]

One more comment for those unfortunate souls who held long stock/mutual funds positions all the way down about this bear market -45%. (*ouch*)

I predict this Fool’s Rally will give you YOUR LAST CHANCE to dump those long positions at higher prices, recovering some of your losses.

If you miss this opportunity to sell your longs (at say S&P500=1,100), you will soon find yourself somewhere in 2009, with the S&P500 sitting at about 600 and you’ll then be far more stunned at how beaten up your 401K will be.

[stockstradr]

One more comment for those unfortunate souls who held long stock/mutual funds positions all the way down about this bear market -45%. (*ouch*)

I predict this Fool’s Rally will give you YOUR LAST CHANCE to dump those long positions at higher prices, recovering some of your losses.

If you miss this opportunity to sell your longs (at say S&P500=1,100), you will soon find yourself somewhere in 2009, with the S&P500 sitting at about 600 and you’ll then be far more stunned at how beaten up your 401K will be.

[stockstradr]

One more comment for those unfortunate souls who held long stock/mutual funds positions all the way down about this bear market -45%. (*ouch*)

I predict this Fool’s Rally will give you YOUR LAST CHANCE to dump those long positions at higher prices, recovering some of your losses.

If you miss this opportunity to sell your longs (at say S&P500=1,100), you will soon find yourself somewhere in 2009, with the S&P500 sitting at about 600 and you’ll then be far more stunned at how beaten up your 401K will be.

[stockstradr]

One more comment for those unfortunate souls who held long stock/mutual funds positions all the way down about this bear market -45%. (*ouch*)

I predict this Fool’s Rally will give you YOUR LAST CHANCE to dump those long positions at higher prices, recovering some of your losses.

If you miss this opportunity to sell your longs (at say S&P500=1,100), you will soon find yourself somewhere in 2009, with the S&P500 sitting at about 600 and you’ll then be far more stunned at how beaten up your 401K will be.

[stockstradr]

One more comment for those unfortunate souls who held long stock/mutual funds positions all the way down about this bear market -45%. (*ouch*)

I predict this Fool’s Rally will give you YOUR LAST CHANCE to dump those long positions at higher prices, recovering some of your losses.

If you miss this opportunity to sell your longs (at say S&P500=1,100), you will soon find yourself somewhere in 2009, with the S&P500 sitting at about 600 and you’ll then be far more stunned at how beaten up your 401K will be.

[stockstradr]

A lot of people back up to an extra hard drive, sitting inside or next to their home computers.

Then they think they are safe.

I have a friend whose home was burgled. They took all his home computers and backup drives. I have another friend whose home burned down while they were on vacation.

Both families lost EVERY digital image they had ever taken. We are talking tens of thousands of treasured family photos.

SOLUTION: buy TWO compact portable hard drives. Back up your important files on one then store it in a safety deposit box. Then use the second drive to do your next scheduled backup and in this way exchanging the newest backed up drive with the one in the safety deposit box. This way you don’t have to take two trips to the bank on each backup.

OR you can use web back up, if you trust some web site to handle your confidential data (I don’t)

[stockstradr]

A lot of people back up to an extra hard drive, sitting inside or next to their home computers.

Then they think they are safe.

I have a friend whose home was burgled. They took all his home computers and backup drives. I have another friend whose home burned down while they were on vacation.

Both families lost EVERY digital image they had ever taken. We are talking tens of thousands of treasured family photos.

SOLUTION: buy TWO compact portable hard drives. Back up your important files on one then store it in a safety deposit box. Then use the second drive to do your next scheduled backup and in this way exchanging the newest backed up drive with the one in the safety deposit box. This way you don’t have to take two trips to the bank on each backup.

OR you can use web back up, if you trust some web site to handle your confidential data (I don’t)

[Author]

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