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Re: poor_user post# 1258

Monday, 06/06/2011 8:18:35 PM

Monday, June 06, 2011 8:18:35 PM

Post# of 1298
I understand the market now.....

Last year, when I sunk to a low in margin (I went from $935K high to a $130K low), I got out last July. I happen to be reading the SPY board and some guys were discussing the market and why it would keep going up. The point one of the posters was making was that the only thing that makes a difference in the market is "Liquidity". Cheap dollars (in this case, the FED dollars, backed by the all-day suckers, the taxpayers), has fueled the lofty market we now have and nothing else! When the cheap dollars go away (end of QE1), the market falls. When you understand that one factor, you have a good chance of being on the right-side of the trade.

I wish I had understood that at SPX 666. The cheap poker chips are going away with the end of QE2, so the market is now falling again.

I had to drop out of nursing in the Philippines and returned to the US in Sept. 2010. I get free-rent at my brother's warehouse in Yakima, WA. I am enrolled in pre-nursing now, but my memory is shot at 62. It's really hard for me to remember things now, especially the stuff I have to read for pre-nursing. I am in class with kids that aren't even 18 yet. In Subic Bay, I had 16 y.olds as classmates. Geesh.

I see you are in to gardening. I'm not, but I have a friend who has been in the nursery business for over 20 years. He sold his nursery in CA and moved back to WA a few years ago and did some country market stuff part of the time. When he was in the nursery business, he used a number of plastic quansit huts to grow in. He decided to fabricate the kits for small ones for home-growers, and he's been doing a gang-buster business. He mostly advertise for free on Craigslist.com in WA. When I saw him in March, he had already grossed $50K (sold about 40 kits since January). He should do over $100K in 2011. The drawback is that they are too expensive to ship (via truck), because of the size of the poles and plastic. He wants to sell the business. Here's a link to his online page: http://www.stevesgreenhouses.com/

Very high margin on this stuff (over 50%). The tubing is just fence tubing and comes from Home Depot. The fabrication only requires a drill press, a chop saw, and a bender. So simple!!!



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