Investors....come in please!

Al · Nov 21, 2004

quote:

Originally posted by Pablo:
Anyone jump on this? GLD

I saw the announcement in China, but I dunno how much higher gold will go.........as some of you know I don't consider gold a good "investment". But a fine portion of one's portfolio for (un)certain times.

I haven't looked too hard yet..but I wonder if this fund keeps gold on account 100% (minus costs-) with NAV totals?? This could be the way to go.

I am registered with Bullion Direct It cost 1% in and 1% out. There is no storage fee and their vaults are insured by Loyds.

Since my trades are $15 GLD is potentially less expensive depending on the trade. This fund by itself might drive up the price of gold.

Pablo · Nov 23, 2004

I bought 100 shares of GLD on today's small dip.

http://www.nyse.com/listed/gld.html

http://www.streettracksgoldshares.com/index.php?noMsg=true

GROUCHO MARX · Nov 23, 2004

My 2 cents is that gold is a currency play.

Al · Nov 23, 2004

quote:

Originally posted by GROUCHO MARX:
My 2 cents is that gold is a currency play.

Pretty much. And today the dollar has dropped major bigtime to the Euro. Expect some reaction today. Gold stocks should go up ..but sometimes when the market takes a hike the gold stocks go with it. I would expect though Gold stocks go up bigime today-but please don't take my word for it.

The market could actually go up short term with devaluation of the dollar. But more and more the world gets the fact that until we stop spending (with huge deficits) like a bunch of drunken sailors the market will take a drop.

Pablo · Nov 23, 2004

I really hope the bushmen are serious now they are finally talking about reigning in spending....is congress on board? Probably NOT.

Al · Nov 23, 2004

quote:

Originally posted by Pablo:
I really hope the bushmen are serious now they are finally talking about reigning in spending....is congress on board? Probably NOT.

Fodder for the masses

Amkeer · Nov 24, 2004

Keith,

Good move congrats!

Pablo · Nov 24, 2004

Good show!! It makes me all warm and fuzzy (and thankful) when any BiTOG member scores in the market

I sold 3/4 of my MYL at $19 with the Icahn hostile bid when I was in China for a healthy gain. I sold the rest today. NIce. I sold a position in a NG fund for a HEALTHY gain. In fact I sold a LOT during the last market surge.

This week I picked up MYG, FCZ, F, STM, MSSN and GLD.

I am only bummed that I didn't listen better to Amkeer's call on AMD.

TheLoneRanger · Nov 24, 2004

Pablo, I too have Ford in the database, and have traded it several times lately. Just curious, what is your reasoning on buying it? The high yield perhaps?

Pablo · Nov 24, 2004

FCZ does have a healthy yield and somehow I think Ford will get smarter.....as will our economy. So I bought both.

keith · Nov 24, 2004

Pulled the trigger and took the profits from AMD and SIRI today. SIRI was killer - 100% in only a few weeks

Now looking for the next big thing...

Still holding SNPS for the long term. That one will be back to 30 in the next year or two. Not too excited about my other stocks, which are holding their own but not movers. Probably sell them and get onboard another wave.

Pablo · Nov 25, 2004

What the heck happened to MOBL yesterday?

Last_Z · Nov 25, 2004

MOBL is in the toilet, my man!

Pablo · Nov 25, 2004

It went to .02 and then popped back to .16. Was it possible to buy at .02??? Dang!!!

Last_Z · Nov 25, 2004

Are you sure it dipped to $.02? I don't see that in my charts.

Pablo · Nov 25, 2004

quote:

52 Week Low 0.02 on 11/24/2004

Pablo · Nov 25, 2004

Here's a chart link and yes it shows.........

Amkeer · Nov 26, 2004

Charts are looking toppy, but.......I will wait till next week to figure out if this run up has more legs to it.

TheLoneRanger · Nov 26, 2004

quote:

Charts are looking toppy,

I agree, Amkeer. They looked that way to me last week, when I started getting the nervous tremors.

This week was a non-event because of the Thanksgiving holiday. As they say, "A tree dosen't grow to the sky", so I'm looking for a pull-back next week. Once the momentum shifts, the short-sellers will jump in and we'll get a buying opportunity before long......

Last_Z · Nov 26, 2004

quote:

Originally posted by Pablo:
Z -

MOBL MOBILEPRO CORP COM NEW 20,000.000 0.016 0.174 $320.00 $3,480.00 $3,160.00 987.50%

So, looking at the % gained, I take it you did buy at $.02, eh?
Lucky dog!!

[ November 30, 2004, 06:31 PM: Message edited by: rugerman1 ]

Investors....come in please!

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