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08-09-2011, 01:14 PM
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#4901 | | I keep RS good
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| Quote:
Originally Posted by Hehe  Because it's too damn hard to estimate where the bottom is. But the concept of long term investment still holds; buy low, sell high.
By selling at the bottom you do the exact opposite. You buy when it's higher while sold at the lowest price. Factoring the associate risks into, the downtrend has to be pretty big to be worthwhile. With Dow already down by 2000, selling now doesn't make much sense in long term. | I didn't say estimate where the bottom is. I said wait for an idicator that the trend has reversed. U don't need to catch the very bottom. Trend reversal indicator.
And yes its down 2000 points but why were u holding it the entire time? Why didn't u sell off earlier and buy back now (or later). Or why didn't u short it this whole time?
Downtrend doesn't have to be big to be worth while. Trend is a trend. Up or down its all the same. You only need to catch a bit of the trend.
I duno anyone that's so good that they always buy at the bottom and sell at the top.
Like I said I trade futures. I can't "hold" positions while I wait for them to reverse. I'd lose the shirt off my back from margin calls everyday Posted via RS Mobile | 
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08-09-2011, 01:20 PM
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#4902 | | My homepage has been set to RS
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I think it's simply a difference in what you guys play and the inherent perspective/strategy, you play futures right? IIRC you only need a tick or two a day and you're making decent income, so that is a different inherent perspective than from someone who's investing :s
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08-09-2011, 02:25 PM
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#4903 | | I keep RS good
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There are plenty of long term futures investors as well. K yeah well everyone has different strategies and tactics. As long as you make money, you're winning so I can't argue agaisnt that lol. Posted via RS Mobile | |
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08-09-2011, 06:21 PM
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#4904 | | I *heart* Revscene.net very Muchie
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Back in green today  Posted via RS Mobile | |
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08-09-2011, 06:55 PM
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#4905 | | My homepage has been set to RS
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Woah, from -24000 to green? damn you must be in some volatile/high beta stocks
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08-09-2011, 08:56 PM
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#4907 | | I *heart* Revscene.net very Muchie
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that's probably the one...NTL
**didn't open the link though lol
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08-09-2011, 09:08 PM
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#4908 | | I *heart* Revscene.net very Muchie
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Originally Posted by shawnly1000 Woah, from -24000 to green? damn you must be in some volatile/high beta stocks | lol yeah and option price movement is pretty huge so losses get big fast
tomorrow is an important day see if we can sustain this rally
got so lucky on ANX, got out @ the 20% bounce and it got a CRL after hours !
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08-10-2011, 09:40 AM
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#4909 | | RS Veteran
Join Date: Nov 2001 Location: An Island
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So much for sustained rally. I am glad I have limited exposure to the US market in my mutual funds.
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08-10-2011, 10:11 AM
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#4910 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
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CUU just spiked to 1.71...
blkgsr- see? your 1.57 wasn't that bad of a buy. haha
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08-10-2011, 10:41 AM
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#4911 | | Need my Daily Fix of RS
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^ just saw that, any reason for the spike? shorts? news soon  | |
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08-10-2011, 10:55 AM
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#4912 | | My homepage has been set to RS
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Not 100% sure but seems to be a parallel move with the TSX
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08-10-2011, 12:05 PM
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#4913 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
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i could be totally wrong on this and we crash back to march 09 low, but the bears are the ones who is getting greedy right now imo
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08-10-2011, 12:26 PM
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#4914 | | I *heart* Revscene.net very Muchie
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| Quote:
Originally Posted by highfive CUU just spiked to 1.71...
blkgsr- see? your 1.57 wasn't that bad of a buy. haha | ha ya i saw that on my phone then immediatly down to 1.61
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08-10-2011, 02:44 PM
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#4915 | | SFICC-03*
Join Date: Mar 2002 Location: richmond
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gold just flew over 1800
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08-10-2011, 04:23 PM
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#4916 | | My homepage has been set to RS
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Damn, gold margins hiked up by 22% too
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08-10-2011, 05:51 PM
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#4917 | | I *heart* Revscene.net very Muchie
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My dad has 10oz bought @800/oz... I can't convince him to sell it hahaha
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08-10-2011, 05:54 PM
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#4918 | | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
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where do you guys buy/sell physical gold?
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08-10-2011, 07:58 PM
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#4919 | | hoppity HOP HOP
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VBCE, J&M on broadway Posted via RS Mobile | 
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08-10-2011, 09:19 PM
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#4920 | | resident Oil Guru
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Is it way too late to buy gold?
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08-10-2011, 10:16 PM
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#4921 | | I *heart* Revscene.net very Muchie
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Originally Posted by LiquidTurbo Is it way too late to buy gold? | yes
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08-11-2011, 07:29 AM
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#4922 | | Need my Daily Fix of RS
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wow nice markets are up and cuu@ 1.75.
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08-11-2011, 08:18 AM
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#4923 | | I contribute to threads in the offtopic forum
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Originally Posted by LiquidTurbo Is it way too late to buy gold? | its seen an awfully large run up of late, no question about it - but i'm not selling yet
does that mean i'd buy more? well, i'm not right now
i recommend buying ETF's in gold - the miners are too risky, they can mess up, whereas an ETF just tracks the shiny stuff (personally i'm in UGL, a leveraged ETF, up >40% in the last couple of months on a >20% run up in gold)
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08-11-2011, 10:06 AM
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#4924 | | I *heart* Revscene.net very Muchie
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08-11-2011, 10:22 AM
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#4925 | | Revscene.net has a homepage?!
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^ its talking about "fair value" back in 2007.
@blkgsr , don't get scared @ what SH people assume. Cuu's fundamentals are still there
edit: especially of how the thread is talking about the technical of the price point, with NR to come the SP will definitely spike up or down with results (hopefully up)
edit2: does anyone here hold ONR.TO?
Last edited by 3klipze; 08-11-2011 at 10:29 AM.
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