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.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (41898)	10/27/2008 6:18:19 PM
From: Riskmgmt	Read Replies (1) \| Respond to of 217669

Congrats on the trade. Nice to see a trade that produced a profit. <<should i really wish to unload today on everything as many in hk must soon enough do or die>> I can get my condo there at sars type prices soon eh? I must admit I never imagined things would unravel this fast and to this degree. Thank God I kept some cash and gold. <<conclusion, babyboomers without savings (as opposed to tanking investments) competing against new job mkt entrants, and rewarded by ever longer hours of toil, and imploded 401k, and at negative cash flow on 'investment properties' and leveraged, are victims #1 through millions>> Yes, I am not planning to join them. However, a mine field it is out there with each area in turn getting decimated shortly after being declared the place to be. With the above in mind keep a watchful eye on gold. As HB points out the mining stocks and Gold prices are diverging leading many to believe miners must go up but it could signaling gold to go down. Not predicting one way or another and I know you are a long term holder but gold so far is about the only thing that hasn't been crushed.

To: TobagoJack who wrote (41898)	10/27/2008 6:44:07 PM
From: gregor_us	Read Replies (1) \| Respond to of 217669

Hi TJ. Wyatt and I have an amusing thread going, on the topic of the JPY. Message 25113725 Read it backwards or forwards. Doesn't matter much which way. Cheers, G

To: TobagoJack who wrote (41898)	10/27/2008 8:01:20 PM
From: carranza2	1 Recommendation Read Replies (1) \| Respond to of 217669

my thoughts on yen, its rise will be short lived Yup. Only so much can/will want to go home, esp. if home is burning, cratering. Interest rates will go down, giving the carry trade a little more life, Japanese exports a bit more vigor much like the wheezing breaths of a choking man before he stops breathing. Thus, Yen down soon enough. Thus, I sold the little I had for a nice profit. Nice to have something green among the sea of red which is my PF. Sold my more substantial swissies for Canadian dollars, which I think will reach parity with the ridiculously overpriced clownie soon enough. I am in soft commodities - what else can I do? Sell them at a huge loss when I know they are good in a couple of years or so? Sell them for something that will appreciate soon, like CAD? Energy. Ditto, same concept. Things are not as dire as they seem. Just gotta make a decision: put cash and sold off losers into things that indeed look good [CAD, TBT, miners, beat to a pulp silver, etc.] or stand pat, wait for more screwing? I am answering own question. Thanks, Jay.