karennma
8,057 posts
msg #84492
- Ignore karennma |
12/16/2009 8:39:41 AM
L-O-N-G- .. ETFs are up.
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karennma
8,057 posts
msg #84493
- Ignore karennma
modified |
12/16/2009 9:16:14 AM
AIG gapped up in the pre-market.
Hmmm.. ?
was $27.50 a double bottom on AIG?
:>)
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johnpaulca
12,036 posts
msg #84494
- Ignore johnpaulca |
12/16/2009 9:19:15 AM
check out GIGM
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karennma
8,057 posts
msg #84495
- Ignore karennma |
12/16/2009 9:24:08 AM
GIGM flying in pre-market!
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karennma
8,057 posts
msg #84496
- Ignore karennma |
12/16/2009 9:28:28 AM
ACHN is all over the place!
they must have newz.
:>)
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Kevin_in_GA
4,599 posts
msg #84497
- Ignore Kevin_in_GA |
12/16/2009 9:43:21 AM
L-O-N-G- .. ETFs are up.
++++++++++++
make up your mind on this - unless you day traded the inverse ETFs yesterday, wasn't that going to be your play?
Regardless, gold and silver are up, so I'm happy for today. I want the dollar beaten into submission through the end of 2009, then it can rally all it wants.
I am also considering shorting the Euro (even though it flies in the face of what I just wrote). Spain, Greece, Poland, etc all are weakened, and if one were to really stumble the Euro will drop like a stone. Possibe long on EUO ...
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karennma
8,057 posts
msg #84498
- Ignore karennma |
12/16/2009 9:51:35 AM
Kevin:
No, the inverse ETFs were JP's play.
(go back 2 pages)
:>)
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karennma
8,057 posts
msg #84499
- Ignore karennma |
12/16/2009 9:54:02 AM
Kevin:
I blew out my Options House acc't with options. With the little money I had left I bought GSS.
I'll just leave there till next year.
:>)
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karennma
8,057 posts
msg #84501
- Ignore karennma |
12/16/2009 10:20:26 AM
"make up your mind on this - unless you day traded the inverse ETFs yesterday, wasn't that going to be your play?"
------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Kevin,
At this time, I am not trading ETFs. My reference to inverse ETFs in the last 2 days, was in response to JP's comment.
And .....
IF I had bought an inverse ETF two days ago, I certainly wouldn't be holding it more than A DAY.
My long-term "play" is precious metals.
I feel that no matter where I buy them, I can't go wrong .. because contrary to the MSM, I think our economy is doomed.
For example ... GSS has turned out to be a "dog" for me.
But, because it's a mining stock, I'm just going to leave it alone.
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Kevin_in_GA
4,599 posts
msg #84503
- Ignore Kevin_in_GA |
12/16/2009 10:54:53 AM
I agree that precious metals are a very good longer term investment. I would be careful of mining stocks however - they have outperformed GLD over this year, but only because they benefitted from both a rise in gold and a rise in the stock market.
If the market tanks, these will be dragged down even when gold is on the rise.
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