Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Go Back   Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board > Off Topic > Off Topic - Trading The Financial Markets


Reply
 
Thread Tools Rating: Thread Rating: 5 votes, 5.00 average.
Old 04-15-2013, 11:32 AM   #31
Saratoga_Mike
Veteran
 
Join Date: Mar 2009
Posts: 9,893
Quote:
Originally Posted by PaceAdvantage
And what a call it was...Gold down about $120 today alone...
phenomenal.
Saratoga_Mike is offline   Reply With Quote Reply
Old 04-15-2013, 11:43 AM   #32
DJofSD
Screw PC
 
Join Date: Jun 2003
Posts: 15,728
Worse 2 day loss since

http://www.reuters.com/article/2013/...93E0LK20130415
__________________
Truth sounds like hate to those who hate truth.
DJofSD is offline   Reply With Quote Reply
Old 04-15-2013, 12:00 PM   #33
RaceBookJoe
Registered User
 
Join Date: May 2005
Posts: 2,394
/GC has been insane...i feel like a drunk cowboy riding an even drunker bull at a rodeo
__________________
Those with the best knowledge have the best luck !!!
RaceBookJoe is offline   Reply With Quote Reply
Old 04-17-2013, 04:30 PM   #34
RaceBookJoe
Registered User
 
Join Date: May 2005
Posts: 2,394
Has anyone been playing DUST, another absolute monster lately.
__________________
Those with the best knowledge have the best luck !!!
RaceBookJoe is offline   Reply With Quote Reply
Old 04-17-2013, 05:30 PM   #35
Valuist
Registered User
 
Join Date: Feb 2003
Location: NE Ohio
Posts: 16,487
Celente on the move in gold:

http://www.kingworldnews.com/kingwor...d_Celente.html
Valuist is offline   Reply With Quote Reply
Old 04-17-2013, 07:21 PM   #36
RaceBookJoe
Registered User
 
Join Date: May 2005
Posts: 2,394
Heard earlier today that supposedly Paulsen lost $1B on the gold selloff.
__________________
Those with the best knowledge have the best luck !!!
RaceBookJoe is offline   Reply With Quote Reply
Old 04-17-2013, 07:51 PM   #37
badcompany
Registered User
 
badcompany's Avatar
 
Join Date: Mar 2007
Location: Manhattan
Posts: 3,826
Quote:
Originally Posted by RaceBookJoe
Heard earlier today that supposedly Paulsen lost $1B on the gold selloff.
Einhorn got creamed, too. His recent performance must be horrible, as his top 3 holdings are Gold, Apple and GM.
__________________
“Life does not ask what we want. It presents us with options”

― Thomas Sowell
badcompany is offline   Reply With Quote Reply
Old 04-17-2013, 08:02 PM   #38
RaceBookJoe
Registered User
 
Join Date: May 2005
Posts: 2,394
Quote:
Originally Posted by badcompany
Einhorn got creamed, too. His recent performance must be horrible, as his top 3 holdings are Gold, Apple and GM.
Ouch haha
__________________
Those with the best knowledge have the best luck !!!
RaceBookJoe is offline   Reply With Quote Reply
Old 04-17-2013, 08:10 PM   #39
badcompany
Registered User
 
badcompany's Avatar
 
Join Date: Mar 2007
Location: Manhattan
Posts: 3,826
Quote:
Originally Posted by RaceBookJoe
Ouch haha
Even though the market has had a good year, so far, I believe many Mutual Fund investors are going to be unpleasantly surprised by their Funds' performance, as many have Apple as their largest holding.
__________________
“Life does not ask what we want. It presents us with options”

― Thomas Sowell
badcompany is offline   Reply With Quote Reply
Old 04-17-2013, 09:52 PM   #40
RaceBookJoe
Registered User
 
Join Date: May 2005
Posts: 2,394
Quote:
Originally Posted by badcompany
Even though the market has had a good year, so far, I believe many Mutual Fund investors are going to be unpleasantly surprised by their Funds' performance, as many have Apple as their largest holding.
Tend to agree with you. Still a long way to go before year-end, but if your account ( MF Managers i mean ) isnt up at this point, they need to be replaced.
__________________
Those with the best knowledge have the best luck !!!
RaceBookJoe is offline   Reply With Quote Reply
Old 04-18-2013, 12:37 AM   #41
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,760
it looks like gold is heading back down to 1320 to try to test a bottom. if that doesn't hold 1270 is next stop. gold miners are all weak too and look like a further break in them is coming
lamboguy is offline   Reply With Quote Reply
Old 04-18-2013, 02:49 AM   #42
PaceAdvantage
PA Steward
 
PaceAdvantage's Avatar
 
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,633
Quote:
Originally Posted by RaceBookJoe
Tend to agree with you. Still a long way to go before year-end, but if your account ( MF Managers i mean ) isnt up at this point, they need to be replaced.
I directed my 401k to go full bore (50%) into real estate holdings about two years ago...and I've been one happy camper every three months since (around statement time)...still don't see any reason to allocate out of real estate either...does anyone here disagree with me?
PaceAdvantage is online now   Reply With Quote Reply
Old 04-18-2013, 03:41 AM   #43
PaceAdvantage
PA Steward
 
PaceAdvantage's Avatar
 
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,633
Man, Gold has been a day trader's wet dream in the after-hours tonight...50 point swings up and down with ease...crazy!! Action like this only comes around once every couple of years...this time, it's Gold...
PaceAdvantage is online now   Reply With Quote Reply
Old 04-18-2013, 10:35 AM   #44
Valuist
Registered User
 
Join Date: Feb 2003
Location: NE Ohio
Posts: 16,487
Quote:
Originally Posted by badcompany
Even though the market has had a good year, so far, I believe many Mutual Fund investors are going to be unpleasantly surprised by their Funds' performance, as many have Apple as their largest holding.
That is true. Same thing for the QQQ. I think at one point, AAPL made up 19% of the QQQ.
Valuist is offline   Reply With Quote Reply
Old 04-18-2013, 11:22 AM   #45
RaceBookJoe
Registered User
 
Join Date: May 2005
Posts: 2,394
Quote:
Originally Posted by PaceAdvantage
I directed my 401k to go full bore (50%) into real estate holdings about two years ago...and I've been one happy camper every three months since (around statement time)...still don't see any reason to allocate out of real estate either...does anyone here disagree with me?
You made an important point, YOU directed it, not some guy in an office. THe problem is that most people just give their money to a firm, have no clue what is being bought and then get mad if they lose money..I call that being very careless. About real estate, i dont like to make predictions, but i think there is a bubble out there waiting, only time will tell and i dont put money out on a hunch. In any sector i would rather let the big money show me where to go.
__________________
Those with the best knowledge have the best luck !!!
RaceBookJoe is offline   Reply With Quote Reply
Reply





Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

» Advertisement
» Current Polls
Wh deserves to be the favorite? (last 4 figures)
Powered by vBadvanced CMPS v3.2.3

All times are GMT -4. The time now is 06:08 AM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Copyright 1999 - 2023 -- PaceAdvantage.Com -- All Rights Reserved
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program
designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.