does sound like your fund does go for the jugglar and puts all its eggs in one basket to some extent, having 3 agriboomers that will pretty much trade in unison up and down, as top 3 holdings
so its gonna be real good when the times are good but gonna be quite bad when times aren't so good for them
so its gonna be real good when the times are good but gonna be quite bad when times aren't so good for them
also you can leave a bit of money in the fund so you can get back in it in the future now that its closed to new investors (i think that's what you mean when you say you can't get back in it?) if you would like to jump back in down the road
you don't have to sell it all
not a horrible place to be
could be much much worse
things are gonna be very very volitile with those holdings regardless
honestly i could be dead wrong with my deflation stuff..
anyway you shouldn't be listening to an internet ranter for financial advice anyway, what i post is food for thought, people need to make their own decisions
use your own personal guidance based on what direction you believe the markets are heading
also on the agriboomer front they were way way overdue for a correction
my thoughts of shorting it was more based on that than anything
and its p/e very frothy to boot
they might be just fine long term who knows
monsanto pretty much went in a straight line from 7 to 123 since 2003
my thoughts of shorting it was more based on that than anything
and its p/e very frothy to boot
they might be just fine long term who knows
monsanto pretty much went in a straight line from 7 to 123 since 2003
JP, when traders and those using margin get margin calls, they usually sell their winners and keep their losers. That is most often the psychology of both traders and investors (although not really what people should do).
The agri stocks have been some of the best performers the past few years and really spiked higher the past few months. They continued higher even after the overall stock market had clearly began rolling over.
They have fundamental reasons to continue higher and are definitely market leaders. However, during a bear market great stocks will often also get hammered.
BG is a stock I have owned for years and still own.
I also used to own both ANDE and ADM but sold both of those when ethanol was mentioned every other sentence summer 2006.
Id like to own more of this sector but I dont have the funds right now, so currently I'm focused upon trading instead of adding longer term positions.
I agree with Tiznow...talking about being short ag names is a trading opinion instead of a fundamental shift change.
The agri stocks have been some of the best performers the past few years and really spiked higher the past few months. They continued higher even after the overall stock market had clearly began rolling over.
They have fundamental reasons to continue higher and are definitely market leaders. However, during a bear market great stocks will often also get hammered.
BG is a stock I have owned for years and still own.
I also used to own both ANDE and ADM but sold both of those when ethanol was mentioned every other sentence summer 2006.
Id like to own more of this sector but I dont have the funds right now, so currently I'm focused upon trading instead of adding longer term positions.
I agree with Tiznow...talking about being short ag names is a trading opinion instead of a fundamental shift change.
yeah DAW is dead on
i talk to my mom all the time about investments and its so damn hard to get her to sell stuff that is down
but she's more than willing to sell things she made big profits on
just a strange mentality that most people have when it comes to stocks
a little interest rate history
we started at 6.5% when tech bubble burst and kept cutting but didn't matter
now we got credit bubble/housing bubble bursting
and we again cutting this time starting from 5.25%
don't see any reason why it gonna work this time around
------------------------------------------------
February 2, 2000 Up 0.25% 5.75% Up 0.25% 5.25%
March 21, 2000 Up 0.25% 6.00% Up 0.25% 5.50%
May 16, 2000 Up 0.50% 6.50% Up 0.50% 6.00%
January 3, 2001 Down 0.50% 6.00% down 0.25% 5.75%
January 4, 2001 down 0.25% 5.50%
January 31, 2001 Down 0.50% 5.50% down 0.50% 5.00%
March 20, 2001 Down 0.50% 5.00% down 0.50% 4.50%
April 18, 2001 Down 0.50% 4.50% down 0.50% 4.00%
May 15, 2001 Down 0.50% 4.00% down 0.50% 3.50%
June 27, 2001 Down 0.25% 3.75% down 0.25% 3.25%
August 21, 2001 Down 0.25% 3.50% down 0.25% 3.00%
September 17, 2001 Down 0.50% 3.00% down 0.50% 2.50%
October 2, 2001 Down 0.50% 2.50% down 0.50% 2.00%
November 6, 2001 Down 0.50% 2.00% down 0.50% 1.50%
December 11, 2001 Down 0.25% 1.75% down 0.25% 1.25%
November 6, 2002 Down 0.50% 1.25% down 0.50% 0.75%
January 2003 -- Change to "primary - secondary" discount rates.
June 25, 2003 Down 0.25% 1.00% down 0.25% 2.00%
June 30, 2004 Up 0.25% 1.25% Up 0.25% 2.25%
August 10, 2004 Up 0.25% 1.50% down 0.25% 2.50%
September 21, 2004 Up 0.25% 1.75% Up 0.25% 2.75%
November 10, 2004 Up 0.25% 2.00% down 0.25% 3.00%
December 14, 2004 Up 0.25% 2.25% Up 0.25% 3.25%
February 2, 2005 Up 0.25% 2.50% down 0.25% 3.50%
March 22, 2005 Up 0.25% 2.75% Up 0.25% 3.75%
May 3, 2005 Up 0.25% 3.00% down 0.25% 4.00%
June 30, 2005 Up 0.25% 3.25% Up 0.25% 4.25%
August 9, 2005 Up 0.25% 3.50% down 0.25% 4.50%
September 20, 2005 Up 0.25% 3.75% Up 0.25% 4.75%
November 1, 2005 Up 0.25% 4.00% down 0.25% 5.00%
December 13, 2005 Up 0.25% 4.25% Up 0.25% 5.25%
January 31, 2006 Up 0.25% 4.50% down 0.25% 5.50%
March 28, 2006 Up 0.25% 4.75% Up 0.25% 5.75%
May 10, 2006 Up 0.25% 5.00% down 0.25% 6.00%
June 29, 2006 Up 0.25% 5.25% Up 0.25% 6.25%
August 17, 2007 5.25% down 0.50% 5.75%
September 18, 2007 down 0.50% 4.75% Down 0.50% 5.25%
October 31, 2007 down 0.25% 4.50% Down 0.25% 5.00%
December 11, 2007 down 0.25% 4.25% Down 0.25% 4.75%
we started at 6.5% when tech bubble burst and kept cutting but didn't matter
now we got credit bubble/housing bubble bursting
and we again cutting this time starting from 5.25%
don't see any reason why it gonna work this time around
------------------------------------------------
February 2, 2000 Up 0.25% 5.75% Up 0.25% 5.25%
March 21, 2000 Up 0.25% 6.00% Up 0.25% 5.50%
May 16, 2000 Up 0.50% 6.50% Up 0.50% 6.00%
January 3, 2001 Down 0.50% 6.00% down 0.25% 5.75%
January 4, 2001 down 0.25% 5.50%
January 31, 2001 Down 0.50% 5.50% down 0.50% 5.00%
March 20, 2001 Down 0.50% 5.00% down 0.50% 4.50%
April 18, 2001 Down 0.50% 4.50% down 0.50% 4.00%
May 15, 2001 Down 0.50% 4.00% down 0.50% 3.50%
June 27, 2001 Down 0.25% 3.75% down 0.25% 3.25%
August 21, 2001 Down 0.25% 3.50% down 0.25% 3.00%
September 17, 2001 Down 0.50% 3.00% down 0.50% 2.50%
October 2, 2001 Down 0.50% 2.50% down 0.50% 2.00%
November 6, 2001 Down 0.50% 2.00% down 0.50% 1.50%
December 11, 2001 Down 0.25% 1.75% down 0.25% 1.25%
November 6, 2002 Down 0.50% 1.25% down 0.50% 0.75%
January 2003 -- Change to "primary - secondary" discount rates.
June 25, 2003 Down 0.25% 1.00% down 0.25% 2.00%
June 30, 2004 Up 0.25% 1.25% Up 0.25% 2.25%
August 10, 2004 Up 0.25% 1.50% down 0.25% 2.50%
September 21, 2004 Up 0.25% 1.75% Up 0.25% 2.75%
November 10, 2004 Up 0.25% 2.00% down 0.25% 3.00%
December 14, 2004 Up 0.25% 2.25% Up 0.25% 3.25%
February 2, 2005 Up 0.25% 2.50% down 0.25% 3.50%
March 22, 2005 Up 0.25% 2.75% Up 0.25% 3.75%
May 3, 2005 Up 0.25% 3.00% down 0.25% 4.00%
June 30, 2005 Up 0.25% 3.25% Up 0.25% 4.25%
August 9, 2005 Up 0.25% 3.50% down 0.25% 4.50%
September 20, 2005 Up 0.25% 3.75% Up 0.25% 4.75%
November 1, 2005 Up 0.25% 4.00% down 0.25% 5.00%
December 13, 2005 Up 0.25% 4.25% Up 0.25% 5.25%
January 31, 2006 Up 0.25% 4.50% down 0.25% 5.50%
March 28, 2006 Up 0.25% 4.75% Up 0.25% 5.75%
May 10, 2006 Up 0.25% 5.00% down 0.25% 6.00%
June 29, 2006 Up 0.25% 5.25% Up 0.25% 6.25%
August 17, 2007 5.25% down 0.50% 5.75%
September 18, 2007 down 0.50% 4.75% Down 0.50% 5.25%
October 31, 2007 down 0.25% 4.50% Down 0.25% 5.00%
December 11, 2007 down 0.25% 4.25% Down 0.25% 4.75%
I see a bear shake coming
asia all green now besides china and china made up some of its losses
had a very big volume indecive day today in the US after a big downswing, sometimes a good sign of change of direction
and ben speaks before congress tomorrow to figure out how to stop a recession BS fed/congress speak
only wild card is if merril lynch drops a huge bombshell in the moring
night all
asia all green now besides china and china made up some of its losses
had a very big volume indecive day today in the US after a big downswing, sometimes a good sign of change of direction
and ben speaks before congress tomorrow to figure out how to stop a recession BS fed/congress speak
only wild card is if merril lynch drops a huge bombshell in the moring
night all
This is kind of off topic, but has anyone here ever traded in the forex market? I see a few people on ebay selling these "EA's", or expert advisors which attatch to a chart and trade automatically for you. While most of these are B.S. I'm sure, there are 1-2 sellers that have plenty of good feedback. I e-mailed one buyer about the software he purchased, and he says he's averaged 5-10% returns for the past 5 months.
http://cgi.ebay.com/Forex-EA-automa...oryZ3148QQssPageNameZWDVWQQrdZ1QQcmdZViewItem
http://cgi.ebay.com/Forex-EA-automa...oryZ3148QQssPageNameZWDVWQQrdZ1QQcmdZViewItem
Alright Guys I am out of GS at 194 this am...Took a 14K loss in this one...Probably a stupid trade...BUT I am still DOWN on all financials, just wanted to get out before BEN stepped up and threw as much wood on the fire as possible....I expect a late rally today and maybe on Friday...BUT we will then see another 5% dropand maybe more IMO
