But don't forget the Santa Rally.
I'm mainly done for the year, so I'm getting ready for next year. :)
Also,the problem for oil and precious metals is a strong dollar.
How long will the dollar be the world reserve currency?
In OKLA. there is pain in the oil patch.The state is in the hole for over half a Billion.
I've never had so many small privet companies calling, and wanting investors for their "dry holes".
As Phil said the weak will fold.
We get first hard freeze Sunday. Time to bring in the plants.
Our computer room will look like a jungle til April. The cat loves it.
Gas in OKLA. $1.72... even lower some places.
Not so sure it's "affordable".
Health care and rent keep increasing.
Don't see how young people can afford rent.
I sold another large chunk FSC @ 6.35. $6.44 would have been better. Kudos to Big Bags!
I almost made money. :(
But the cash pile is growing, as I prepare for the correction. :)
Last week, the International Energy Agency said it sees $80 oil by 2020, almost double from current levels, but marking a slow ascent. So I wait.
Also you can open your own trading acct. and trade for 7.00 per trade.Or less.
I bet your broker charges more, and you have to call him to place a trade.
" pile of dung steaming in the misty morning dew"
SS is very poetic! I can just picture it.
Having some physical silver/gold is a good insurance policy.You hope you don't need it.
Buying HL under $2 is also like insurance.
The house of cards is the Fed., and king dollar.
I do not think the end game is coming closer. That is fear mongering.
But the greed factor is in full play. IMO
Okiote, you may be right.
However, current technical condition for AGNC is weak. Although AGNC has shown some life, it remains susceptible to lower prices.
Volume needs to pick up.