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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%Nov 21 4:00 PM EST

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To: energyplay who wrote (66721)10/2/2010 2:46:08 AM
From: average joe  Read Replies (1) of 217947
 
If you're saving because you know gold will still have a modicum of value at some point in the future, maybe more maybe less then it is a good investment. If you're investing to make a quick buck you will be right and then alternatively wrong.

Today, I made $3500 on a $40,000 gamble on a penny stock over a nine day period. I thanked the person that told me about the stock and he called me a big chicken for selling. I know from experience this same person has pretty good timing buying and horrible timing selling. That money is now trying to buy ABX @ $45 while my other account is trying to sell it @ $50.

Stick to what you know and feel comfortable doing.
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