Since I last posted........
Wow!
I sold all equities and got very defensive..
Bought BGO at 1.05 got impatient and sold it after a coupla weeks at 1.04............sure .........it immediatly started its climb to a double from there.
Thats OK....cuz I bought CDE at 1.32 and it also went straight up.
MY BAD.....sold half at 1.66 and fully out at 2.10 shortly therafter
Wonderful gain but it continued to over 3.
Defense has been the best policy for me ...BUT...
I don't own any stocks now and I keep waiting for entry points on stocks that keep rising (precious metals, RAD,)
I really DO NOT
like the economy.......lack of GOOD jobs, rising interest rates, (will halt the re-finance explosion and kill the housing boom...JMHO) Hell, how are people going to buy that new whatever if they can't re-fi and use equity$.......What if equity starts to drop and more jobs(white collar) which they will, get shipped overseas.. "Its just business man"
Whoa....what about TAXES....and the cost of war, and running states and local govt.........
Yup.......till I see different ....(hope I do)......I'm in cash ....except will get back into Pracious metals.........maybe do RAD again if I can buy in mid- fours....:shrug:
GL all
bear
Wow!
I sold all equities and got very defensive..
Bought BGO at 1.05 got impatient and sold it after a coupla weeks at 1.04............sure .........it immediatly started its climb to a double from there.
Thats OK....cuz I bought CDE at 1.32 and it also went straight up.
MY BAD.....sold half at 1.66 and fully out at 2.10 shortly therafter
Wonderful gain but it continued to over 3.
Defense has been the best policy for me ...BUT...
I don't own any stocks now and I keep waiting for entry points on stocks that keep rising (precious metals, RAD,)
I really DO NOT
like the economy.......lack of GOOD jobs, rising interest rates, (will halt the re-finance explosion and kill the housing boom...JMHO) Hell, how are people going to buy that new whatever if they can't re-fi and use equity$.......What if equity starts to drop and more jobs(white collar) which they will, get shipped overseas.. "Its just business man"
Whoa....what about TAXES....and the cost of war, and running states and local govt.........
Yup.......till I see different ....(hope I do)......I'm in cash ....except will get back into Pracious metals.........maybe do RAD again if I can buy in mid- fours....:shrug:
GL all
bear