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To: prosperous who wrote (376030)	10/9/2008 7:25:45 PM
From: mikereid	Respond to of 436258

>At this stage the only way to establish a long position is through dollar cost averaging down assuming you are in for long haul, Cool thanks, yeah I guess it'd be more responsible to DCA. Caught falling knives too often before. >I am glad that this is going down as fast as it is, it will clean itself better for the long run Down fast works for me ! :) I presume you don't think this is the end of the economic world as we knew it ? IE, depression. >keeping phy gold is a good idea, silver may or may not provide same insurance as gold does plus easier to hold OK, guess that's why gold is tending up, while silver still says pretty sane. I love the Palladium charts though. Royal Bank of Canada claims they can get me Palladium at close to spot price but wonder if there is really any left out there to buy around $200/oz ? >would be wary of mining stocks in this mess Yeah, but PDL keeps saying "buy me now, buy me know": quote.yahoo.com I think I should throw some "fun money" at it, but perhaps I'll wait till the markets in general get better, and perhaps palladium itself bounces off some visible bottom. >Shorting at this stage may be beneficial but with very high risk Yeah, too high for me. I'm too emotional to be a trader. I'd be best to buy a fund or index (or Berkshire Hathaway), ignore the financial news and stock tickers and DCA more in once or twice a year. >Good luck whatever you do Thanks; Hope everyone is having fun and making money in this turmoil. I can laugh as long as it's not my money... :) Oh yeah. Ho, ho, ho... :)