Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (430124)	10/25/2008 2:00:06 PM
From: tejek	Respond to of 1573856

Nope. Some that I had over 1k in have stopped out and dumped themselves. These stocks will be tremendous bargains, but it may take several years to realize any upside. Gold miners with strong balance sheets are practically like free money now. Gold is getting pummeled only because big holders are being forced to sell at this time. Yes but that can be said about copper and fertilizers as well both of which keep free falling even as their PE's are below 5 and some provide dividends. FCX is incredibly cheap but that doesn't stop hedge funds from selling. In fact, FCX currently has a PE of 3. Its insane. I thought the banks were now a safe haven but that's proven to be wrong as well. I think I may try to get out of the rest of my longs without a loss and play with my shorts for the time being.