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| DOW hits record high this morning | |
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| Tweet Topic Started: Mar 5 2013, 11:03 PM (749 Views) | |
| Thumper | Mar 6 2013, 09:46 AM Post #41 |
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Fire & Ice Senior Diplomat
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I have done 20% in the past 9 months. Playing the market is foolish. |
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| Pat | Mar 6 2013, 11:11 AM Post #42 |
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Fire & Ice Senior Diplomat
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They were pimping the last big rally up to the hour of the crash. I'm playing the odds, but go for it. |
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| Neutral | Mar 6 2013, 11:15 AM Post #43 |
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Fire & Ice Senior Diplomat
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What do you think Pat, 20-25% correction? |
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| Pat | Mar 6 2013, 11:24 AM Post #44 |
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Fire & Ice Senior Diplomat
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That's the ball park, but since the retail crowd is for the most part on the sidelines, it will be Hedgefunds and financial concerns who are leveraged past the eyeball who will panic. So the sell off could be higher, I'm thinking it will be tow phases. Keep an eye on volumes over the rest of the week. We'll see if today's bait lures many to take a plunge. I have three equities that I'm following closely,I turned 44% in two phases in 2012. And I was taking a big risk this fall. There are other way to work money for high returns right now, and preservation of capital is just so important. I have a bundle in gold and some silver parked. We have two projects under construction. Some commercial is making sense right now. It still is all a risk because of the shear number of stresses nationally and internationally. Germany has looked real interesting. |
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3:10 AM Jul 12
