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S&P 500
5,481.86
(
0.42%
)
US TECH 100
18,675.20
(
0.84%
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Dow Jones
40,609.35
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Brent Oil
78.88
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-2.11%
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-1.22%
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kevin252

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kevin252

Re: popeyej post# 14428

Tuesday, 09/09/2008 4:04:05 PM

Tuesday, September 09, 2008 4:04:05 PM

Post# of 15261
Yeah, I suppose your losses (only on paper at least) are staggering right now. I have no choice but to hang on myself, because I do think it will eventually go back up and I don't want to miss out on any of it. However, considering the damage it already has taken, I wouldn't be surprised if the recovery period lasts a couple years now. Hopefully I'm wrong, but if not then I guess we'll simply have to wait longer for our payoff. The PAAS move was simply to free up a little cash, but it should still get the same return as the SLV would have gotten.
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