Cash is king at this point. Aside from some deals I've been working with I've pulled out for anything short term or on the junior exchanges. Within the last few weeks including today, took a flyer on V, BBD.B, COS.UN, ABX, LLL & PCZ in my RSP, we'll see in 5 to 10 years where these are.

is this the part where someone says they made a killing today? lol :D
cause i just got owned o.O

Thanks man for pointing it out. I have no idea what got over me.

Was able to cut my losses today to just 10%. It could be much worse.

on a sidenote, go JPM go :D
I can't believe it is showing positive after a 7% drop in DOW

Got about 5% back with JPM, WMT and MCD

pulled out and wait now

got some JPM and sold now. Made back my 10%.
I'll wait and see what will happen tonight and tomorrow.
Another rejection to the bailout? I don't know... so hard to predict the market right now!

Gold looks pretty tempting today!

Apple is almost under $100 a share
POT is 98$

CRAYZ!

I should buy apple...

Any suggestions people?

Wait until their earning, we might even see mid-$80. :drool
The bottom is very close, I am entering back into the market around November.

Once the bailout package is done, we will see a pop, but it will come right back down. Dow will test below 10,000 sooner or later, once it does, I don't know how deep Dow will hit.

"What? AAPL is mid 80?"

Jobs drops dead

AAPL hits low 60

:D:D

i still think the safest investment is commodities and you can actually make some decent cash. of course not as much as the high risk stuff....

one thing is i wanna c how low DOW can go :P

commodities are acutally the riskiest of all investments. :)

watch the TSX today and think again.

how's that so?

I think the financials in the states may rally a bit.
UYG is a great ETF , its a double bull of the financial sector.
Deflationary pressures will also probably push gold down.
HGD is a good ETF for that.

Those are my picks.

in the scale of just pure basic investments the usual list is:

commodities / stocks / bonds / cash.

i'll try and upload a picture of the scale. remind me ulic! lol got to scan it.

I think commodities are risky just because speculators can basically increase or decrease their values to the point where it does not make sense (but since when do the markets make sense anyways), oil and gold being prime examples here.

If you stick to the books, during economic slowdowns or recessions, you want to buy bonds and other interest-sensitive stocks.

well...bonds are the really conservative way to go
but i doubt oil prices will go down to what it was 5 years ago
the same goes for gold
they mite go up and down a bit..but it wont devalue to the point where you will lose money if you bought 2-3 years ago

I would say Pink sheet stocks (.pk) have the highest risk.

Commodities do not pay a dividend or interest. That is a risk in itself.

Shorted AAPL today at around $99.
I expected a rally based on the package approval, which it didn't happened.
The market can't hold on to the gains as everyone (who has brains) exiting the door.

Read all the economic data released this week. Everything is worst than expected!
Dow might test 10,000 resistance next week. It will be fun to see the market tanks.

My colleague is losing his shirt right now, since he thinks the market hits the bottom this week when the Dow rally 300 points on Tuesday!

^so he never heard of the phrase,

"buy the rumor, sell the news?"

then?

:D

I have a few WMT and MCD, that's it.

Fuck 10% growth, I am happy with 3% dividend.

any buyers hopping on the gold train for this week since financials are comin out?

no gold
us dollar and yen are king right now

Now I only have WMT, 2% Div is looking attrative lol