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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Proud Deplorable who wrote (88768)8/17/2007 12:11:43 PM
From: Rocket Red  Read Replies (1) | Respond to of 313620
 
in ngd here at 5 bills



To: Proud Deplorable who wrote (88768)8/18/2007 7:57:04 PM
From: tyc:>  Respond to of 313620
 
>>This is where a knowledge of why terror attacks happen is important.

As I see it, terror is in the mind of the fearful.

Fear is the predominant emotion in the market today, the fear of losing money. It is causing people to ditch their assets to hold dollars (imagine that !).... I have heard people insist that the flight will be to gold for safe haven, but people are fleeing not to gold but to the perceived safety of the dollar. Reason has nothing to do with it.... in that respect it is a terror attack.

Mind you. If you wish NOT to lose money, join the fearful. "You can be right in your investments, but if everyone in the market is betting against you you're going to lose money " (from a Globe and Mail article today).