Revelator8 Jul 2011 19:37
Most of the things I have are shares which have already gone down. So I am a buyer in this market. Always keep some money for days like this. Too many people were in to many at prices which were too high. I think a few more shares could be marked down a bit. When people are falling over themselves to buy saying things going up so and so. I do start selling at that time. When they are complaining how bad things are and how further they are going to drop I pick up some. Generaly as a rule when I see the whole market dropping I take that as a positive that things are being marked down as the market maker does not want to take on stock. Always a few bargains to be had. Whatever it is will generally pass and if you got something with prospects it is no worries. Only with money I have and can afford to loose mind you.....
With inflation beginning to show its head any commodities is good to have, it appreciates in value automatically. If it is in the ground great. Ignore the share price....Thats about it...hp