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Old 06-07-2008, 04:55 AM   #890
McDick
Where's my RS Christmas Lobster?!
 
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Join Date: Apr 2006
Location: Richmond
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Quote:
Originally Posted by Mananetwork View Post
Sad sad day for the market!!
I love the market.....
my stocks are moving up big time....
I got MDR (hit another 52-wk high) and some other Gold stocks like GG & ABX
Those are big-cap stocks too... not risky pennies stocks..
If you think our gas-price is being too high, use some of your money to hedge the oil by buying oil service stocks... you get nice returns if the oil price still up there. You can then use the profit at the pump... very simple.

The market moves up and down that there are easy money to make...
I did short AAPL during Friday at $189.07... and MA at $301.61.... I expect AAPL will drop another 2-3% on Monday after the iPhone releases.

Oil fights back as expected.... any dips in oil price will be a buying opportunity.... oil and inflation aren't coming down... US economy is still shitty... don't let CNBC washes your brain...

Last edited by McDick; 06-07-2008 at 05:07 AM.
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