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goldminingXpert (28.61)

I lost 600 points today



April 29, 2009 – Comments (8) | RELATED TICKERS: CALM , DOW , N

Nice to see the market has suckered in enough bulls to make the VIX go down and allow me to buy cheap puts. This is so funny, Obama is so pleased the recession is ending, only he doesn't realize it is because things are getting worse. Sadly, a lot of investors seem similarly fooled. I'll be the one laughing after green thumbing such beautiful things as SKF at these unusually low prices.

I also officially have no comment on DNDN. There's too much bull excrement flying around there for me to even discuss it reasonably.

8 Comments – Post Your Own

#1) On April 30, 2009 at 12:21 AM, motleyanimal (36.08) wrote:

Now, now, now, 600 points is nothing to you.

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#2) On April 30, 2009 at 12:40 AM, checklist34 (98.38) wrote:

DNDN is definitely one hot topic right now, but I'm not getting involved.

One day, goldminer, it won't be the bears that sit atop the caps rankings.  It won't be me either if I keep recommending the wrong stocks (as in the wrong ticker) and not remembering to put up more names than 1 a week or whatever.  But it won't be bears. 

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#3) On April 30, 2009 at 7:58 AM, cbwang888 (25.44) wrote:

My record is -1300+ points in a day!

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#4) On April 30, 2009 at 8:38 AM, Xciteddon (65.58) wrote:

Bet you made it up the next day! If you were smart enough to keep it! :)


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#5) On April 30, 2009 at 9:03 AM, MrSucrose (< 20) wrote:

This is getting a bit out of hand.  Yesterday was the first day that I put some actual cash on the short EFTs.  I just could find a single stock on my watch list that I though was reasonably priced given the current circumstances...

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#6) On April 30, 2009 at 10:58 AM, portefeuille (98.91) wrote:

I think you need 20000 points to be in the top10 at the end of this year. Just a guess ...

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#7) On April 30, 2009 at 11:11 AM, goldminingXpert (28.61) wrote:

Nah, the S&P is going to be under 700 by year end wiping out the gains of the green thumbers. You can't score points that fast on red thumbs, therefore, I highly doubt you'll need more than 10/12k to be in top 10 at year end.

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#8) On April 30, 2009 at 11:16 AM, portefeuille (98.91) wrote:

There are some new players that appear to be far more "flexible" than the old ones. I would say 20000 for S&P below 1000 and closer to 30000 for S&P above 1200.

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