just raise cash and let all the dust settles. i will be in 50-60% cash and wait for an opportunity to get into some of my favorite names if the we get a decent correction. but something tells me this year's correction won't be as deep as 2011.

Just loaded up on Great West Lifeco. It lost almost 10% in the past few days for no significant reason and has a decent dividend scheduled at the end of the month.

Out of the major insurance companies in canada, GWL seems to be the most stable and profitable. Hope my thoughts turn out right.

what a reversal

Can't look at my holdings any more, will check back in 3 months :p

Yessir. No emotions. You gotta be a machine when it comes to making decisions.

Answer the question:

If I had 60k buring a hole in my pocket right now, I would buy ____________.

Here is the catch, not looking to hold this longer than 30 days. Oh and I would prefer to make money not lose it lol.

Holy all oil stocks getting raped batman. Took the opportunity to use the last of my cash to put a big order in for TAO at 9.00 if it gets there. Ugly to look at today but I suspect it's only a temporary blip.

Mark

CLL down 7% to .78 right now :D Don't think you want to play that game again though.

stock tanks 1minute after selling puts.. holy fuck i am so MAD(UJ*(#U$#*($U

No suggestions hey? 20 minutes left before it's too late...

Just looking for a bargain...

did you make money? if so, just a bit of bad luck - don't be greedy!

dont try to catch a falling knife

BUY FACEBOOK!!!!!!! lol


If you want, go buy MUX (McEwen Mining). It's near it's 52 weeks low today. Buy at 3.20s, sell at $4.

yea 25% but if the bleed continues it would have been a 100% gain ... next time

If only it were that easy, I'd buy at $3.20, sell $2.50:okay:

You can BUY more at $2.50. Rob McEwen is the guy who found Goldcorp.

He wants to get MUX into the S&P 500 qualification by 2015. Who knows but the guy puts his money where his mouth is. He owns 25% of the company.

I'm heavy heavy into MUX.

Also heavy into Ivanhoe Mines with the big management change, no takeover premium, Rio Tinto taking full control and the Mongolia government threatening expropriation I don't think I can do any worse.

Everything is getting pummelled right now, and we still got several months to go... :okay:

I'm 40% cash right now, soo many options on what to buy in my watchlist: NZ, Alcoa, Nexen, Goldcorp , Teck, SLW, even CLL looks good at .78.

100% cash now since I made that 20% off the bump in YNG.. still waiting for a good entry point lol

What do you guys think about RY???

FAZ is what I should have bought yesterday.

Picked up 10k shares @ 23.56

At least I'm hedged now... Euro fucks.

Yah FAZ is up around 8% the last 2 days. Watched CLL go down to .69 this morning before going up again.

Rumors of QE3 continue.
PIMCO's Bill Gross and Goldman Sachs say QE3 is coming soon | Investing | Financial Post

Predicted a bounce today on one of my holdings, and a 9 percent bounce happened like clockwork.

I think I'm getting the hang of this...:alonehappy:

which & why?