cavedweller Posted September 5, 2010 Share Posted September 5, 2010 I can't believe that with all of the folks (that post and lurk here) that nobody plays the stock market.. Am I the only one? Tell me it ain't so... Link to post Share on other sites
kuma Posted September 5, 2010 Share Posted September 5, 2010 I can't believe that with all of the folks (that post and lurk here) that nobody plays the stock market.. Am I the only one? Tell me it ain't so... Are you a pro/day trader? I've played the stock market. I'm not a pro. Just a small investor. I picked one winner but also picked many losers. The winner was Apple computer. It was pure luck. I still hold Apple but I'm not going to buy any stocks for a while. I don't think they are cheap. What did you buy? Link to post Share on other sites
Author cavedweller Posted September 5, 2010 Author Share Posted September 5, 2010 kuma, I (like you) am a small investor. I invest in the commodity market ETF's.. ie: corn oil silver pork bellies....ect, ect..... Link to post Share on other sites
kuma Posted September 6, 2010 Share Posted September 6, 2010 I invest in the commodity market ETF's.. cavedweller, do you feel comfortable investing in the commodity market? You may want to check out the article "Commodity ETFs:Toxic, deadly, evil" by Paul Farrell. (MarketWatch.com). Link to post Share on other sites
Enema Posted September 6, 2010 Share Posted September 6, 2010 I invest, but it's a different world down here. I'm a bit of a bear and I've stuck by the basics. When times are tough, people never stop spending money on 3 things: - Food - Booze - Gambling So that's where most of my money goes, with a few smaller positions in banks / resources. Link to post Share on other sites
Author cavedweller Posted September 6, 2010 Author Share Posted September 6, 2010 kuma, I have read some of those negative reports about the ETF and ETN funds and markets..(do your homework) Commodity trading has been going on since the dawn of mankind.. Right now I am buying into: cocoa natural gas crude oil Link to post Share on other sites
Author cavedweller Posted September 6, 2010 Author Share Posted September 6, 2010 Enema, I hear where you are coming from.. The point is well taken.. Link to post Share on other sites
Author cavedweller Posted September 6, 2010 Author Share Posted September 6, 2010 Play the market. ie: Gold, Silver, Sugar, Coffee, Feeder Cattle and Corn are at a 52 week high... Tea, natural gas, cocoa and unleaded gas are down.. ) Link to post Share on other sites
kuma Posted September 6, 2010 Share Posted September 6, 2010 kuma, I have read some of those negative reports about the ETF and ETN funds and markets..(do your homework) Commodity trading has been going on since the dawn of mankind.. Right now I am buying into: cocoa natural gas crude oil Well, they're still risky. Always remember to take some profits when you can. Don't be greedy. Good luck. Link to post Share on other sites
Author cavedweller Posted September 6, 2010 Author Share Posted September 6, 2010 kuma, Research the commody price charts.. They roll and don't go bankrupt.. Mankind has been trading them for over 5,000 years.. Link to post Share on other sites
kuma Posted September 7, 2010 Share Posted September 7, 2010 kuma, Research the commody price charts.. They roll and don't go bankrupt.. Mankind has been trading them for over 5,000 years.. One of Oil ETFs: 120 in 2008 now 33 ....maybe it's bottom, but the chart doesn't look good. I'll be watching though. Thanks. Link to post Share on other sites
Author cavedweller Posted September 7, 2010 Author Share Posted September 7, 2010 I think the price of crude oil will fall some more.. my 2 cents Link to post Share on other sites
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