The Friendly Money Making Board

[coydog]

Most people lose money in the stock market. Some on this board have learned to not listen to the experts. We ALWAYS called this a gambling board. You know when to buy the panic sells. You know that you sell the panic buys on the upside. You take out your original cash. You gamble with other people's money when ever possible. Cowboy called the move off March lows and was the greatest single movement of stocks in 80 years. I missed most of the move because I was playing another game. The biggest moves in a bull market are at the end of the run. The biggest moves in a bear market are at the beginning of the bear. So the next quarter will make or break a lot of people. I chose to be out of the market now. Since I have some money I do not like the risk- reward at this time. I do see a lot of movement but I am not sure whether it will be up or down. This is kind of how I see the 2010 year. When it is clear that the bums will be voted out in November there should be a good up market. If the TEA PARTY can stop the mad rush to communism they can effectively neuter The Obama Gang. http://www.dailyfinance.com/story/investing/seven-reasons-not-to-invest-in-the-stock-market-in-2010/19294589/