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To: Metacomet who wrote (100889)9/6/2011 11:32:28 AM
From: bentway  Read Replies (1) | Respond to of 149317
 
NOW, is the time to be taking those bucks out of the nonsensical market, buying some RRE at once-in-a-lifetime prices, and becoming a landlord. EASY to make the numbers work for a steady, continuous return.



To: Metacomet who wrote (100889)9/6/2011 11:46:58 PM
From: tejek  Respond to of 149317
 
am thinking of getting out of the markets completely.

I absolutely share your frustration.

Not sure if that is the best course though

The frustration is killing me......its taken all the fun out of trading. Between the machines and their flash crashes, the lack of liquidity and the hedgies, its made investing in the stock market a dangerous occupation. This AM after the market opened........the dow was down 250 pts with my portfolio down by 3.8%........a huge drop. By the close, the market was down only 100 pts.....and my portfolio was slightly green.

Had I had stops in place, which have become a dangerous luxury in this market, most of them would have been triggered when my portfolio was at its worse. Then the stocks I had previously owned would have recovered and I would have been out with a loss for the day. And because of the free riding rules, it would be dangerous for me to get back in given the markets' current volatility. So I would have lost roughly 4 days where I could have made money but didn't. Fortunately, I pulled my stops when I saw the futures last nite but its a crazy way to live.


Still interested in looking at acreage with water in Oregon though.

I don't think you will go wrong.......esp. now with prices so low.