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Old 08-04-2011, 04:25 PM
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ckinchen ckinchen is offline
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Quote:
Originally Posted by "W" View Post
Here is how I look at something... Right now I'm in a oil stock and it hangs around 14-18dollars....52weeks...yesterday..fell to 10 52 low..... Guess what...boom..all in..why...because I don't care how much lower it goes....it will be back at 14-18 in a few months....pow pow
I did keep one mid cap oil company that has performed well. I do not trust where our economy is headed so I'm out of everything else for now. Gold, bonds, MMKT and income producing real estate bought out of foreclosure is where I am at.
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