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- pounce replied Nov 8, 2009
This this from the Fool, dude? Damn! I recently sold Kingsoft another game-making software company. It had all my criteria going for it - 0 debt, increased cash on hand, lower/steady inventory etc. But when one mofo (Citi) downgraded the company to ...
What's the best 5 year investment?
- pounce replied Nov 8, 2009
What I don't like about Dong is that it's inventory, short-term debt and long-term debt have all gone up. However, cash on hand has increased some 40% and enough to cover the increased inventory and debt during the same period. The 52 week high/low ...
What's the best 5 year investment?
- pounce replied Nov 7, 2009
You seem to have the attention span of a peanut. If you had read the thread in it's entirety, you would have seen what I am about to repeat here. A 5 year investment horizon these days is like a 30 year horizon when Mr. Buffet started investing. Is ...
What's the best 5 year investment?
- pounce replied Nov 6, 2009
You are right. You are not Buffet. image
What's the best 5 year investment?
- pounce replied Nov 6, 2009
Ok again, to repeat myself. The infallible Mr. Buffet made a loss of 30% in 2008 after a series of spectacular gains over a long period of time. Is this so difficult to understand? Or are we the dumbed-down generation?
What's the best 5 year investment?
- pounce replied Nov 4, 2009
Hang Seng does exactly what the Dow does, even though most major stocks are PRC state-owned. Dow highs 14000 = HSI highs 30000 Dow lows 6500 = HSI lows 14000 A factor of 2.14
Chinese stock market-anyone doing it?
- pounce replied Nov 3, 2009
Just to be clear. That link shows his purchases for 5 years. He bought Revlon in June 2006 and that has gained 0.7% He bought the same again in August 2008 and that has gained 1,000% So, it he got the timing right, he was lucky. That is all!
What's the best 5 year investment?
- pounce replied Nov 2, 2009
The point being, no one is infallible. Buffet is famous for picking the best 5-10-20 year investments. And that didn't work this time. I'm suggesting that 5 years in way too long into the future. It's like being in the 1900s and not imagining ...
What's the best 5 year investment?
- pounce replied Nov 1, 2009
What does that mean? Please explain.
Oanda now has interest free accounts.
- pounce replied Nov 1, 2009
A crash is 20-30% down move in a couple of days.
Next Crash on October 20, Tuesday?
- pounce replied Nov 1, 2009
You might be onto something there. So, everyone is selling the dollar to buy everything else and everything else is going up. But so are the US stock markets. Does that mean someone is buying dollars? Confused.
What's the best 5 year investment?
- pounce replied Oct 31, 2009
This pair has made 10% since August 26, a whopping 800 pips. And it doesn't look like the trend is over.
AUD/USD
- pounce replied Oct 31, 2009
You are not going to like this. But there are no "good ideas the next 5 years". Let me explain. Five years into the future is like a year in 2000, 2 years in 1990 and 5 years in 1980. Who would've imagined the great Mr. Buffet losing 1/3 of his ...
What's the best 5 year investment?
- pounce replied Oct 31, 2009
30SEP09 = 9,712.28 — Oct 15 made the post = 10,062.94 Oct 20 expected crash = 10,041.48 Oct 26 said I told you so = 9,867.96 Oct 30 last trading day = 9,712.73 That's a 3.5% drop from Oct 20, not a crash. For the month, it's unchanged. Maybe a ...
Next Crash on October 20, Tuesday?
- pounce replied Oct 28, 2009
No. I wouldn't touch anything right now. It's silly season until the GDP comes out. Look at the motherfuckers in Goldman and other slimy outfits - they are confused, spewing rubbish that jeapordizes their longs and their shorts.
Gold Discussion
- pounce replied Oct 28, 2009
Still higher than 30-Sep-09 at 9,712.28 — Oct 15 made the post = 10,062.94 Oct 20 expected crash = 10,041.48 Oct 26 said I told you so = 9,867.96 That's a 200 point drop or 2%. A crash is 10%. If we have this on Friday, well, you were onto ...
Next Crash on October 20, Tuesday?