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


To: Canuck Dave who wrote (169225)7/12/2009 2:18:29 AM
From: E. Charters  Read Replies (1) | Respond to of 313046
 
Do I hear a cluck cluck cluck?

EC<:-}



To: Canuck Dave who wrote (169225)7/12/2009 2:28:43 AM
From: Proud Deplorable1 Recommendation  Read Replies (2) | Respond to of 313046
 
Any rally from here and I'm out for good as well. It's been a monumental waste of time and life for most people and so I defer to the gamblers here but the world is a different place where the elite are the ones who have prospered and ripped of the rest of us.

Bad news for anyone on this and a host of other boards and they better think about this very carefully....if they think they are part of the elite and 'entitled' by merit of the fact that they act as if they are like them or imply support for them then these are NOT elite but only suckers. If they think they are part of the entitled and privileged I posit that they are nothing but stooges for the rich, doing their bidding in much the same way that VANOC tricks naive and ignorant citizens into volunteering at the 2010 games when the corporate sponsors should be paying them a fair wage.

So, time to wake up folks and see who the exploiters and exploited are. Time to wake up and listen to the elders who have "been there, done that" and shake their heads in disbelief at a new generation being led to the final slaughter.
In my 'botoxic' mind there will not be a traditional recovery in our lifetimes as this system is broken and any recovery will not be anything we recognize from the past examples of economic dislocations and not something we will participate in as free people



To: Canuck Dave who wrote (169225)7/12/2009 10:22:54 AM
From: cambus  Read Replies (1) | Respond to of 313046
 
When we all adopt this strategy prices are bound to fall.I agree about the casino being crooked but I think I would miss the action too much to pull out altogether.I have a small hobby business which is holding up quite well but if it goes South I just dont see myself sitting around composing poetry and my wife will only tolerate me going sailing a few weeks in the year.



To: Canuck Dave who wrote (169225)7/12/2009 12:14:48 PM
From: Goose94  Respond to of 313046
 
Rest Alive in Peace.

Goose



To: Canuck Dave who wrote (169225)7/12/2009 1:48:12 PM
From: stan_hughes  Read Replies (2) | Respond to of 313046
 
FWIW if it makes you feel any better, it's now almost 2 years later and I'm still 67% in cash

Message 23822779

And of the 33% that isn't, 27% is allocated in bullion/paper gold and the other 6% is in gold shares

In essence, I accept the fact that I don't have a crystal ball and that I don't know for sure how this is all going to turn out, so I maintain a significant foot in both camps because my primary objective is survival as opposed to returns

Quite frankly, back in the summer of 2007 I didn't think I'd have the patience to wait this thing out, but here I am, predominantly still watching and waiting

It's a matter of what's appropriate for the backdrop you've been given. IMO in addressing any market there's (1) levering a good situation, and there's (2) taking risks, and then there's (3) outright gambling, and finally there's (4) playing Russian Roulette with a fully loaded gun -- if the market isn't cooperating with one's investment strategy, it's always a good idea to rein in one's frustration and stop short of ever graduating to Step #4

So enjoy your cash, even if the returns do suck

Having said that, at any given point in time there will always be the odd stock worth owning even when times are terrible -- they're just fewer and further in between, and therefore harder to find