Quote:
Originally Posted by Finnster
IDK, haven't time to look really. My gains have been good, but otoh, I'm working my ass off for 20% gains only to watch some chitty gov't bailout bank flying up 100's of % in a month and you feel like a chump.
The portfolio is more or less what I've been doing w/ my real money, just much more aggressively, with some side experiments, and quite a bit more money. I'm getting a bit iffy on the market w/ all the finacial action going on. Wonder if its a bit more speculation than reasoned investing, and cause for worry about a pullback here before too long. IDK.
OTOH, if you can't beat em, join em. I'd like to have a day where I close above 1.5M. Its gone over a couple times, but didn't hold to close. If I can hit that, maybe I'll do some wild speculating an let it ride wherever it takes me. IDK, I threw some money in DXD for a hedge and we'll see where that goes. I have quite a bit of cash on hand, so really I'm waiting at this point.
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I feel you man. In reality outside the game, it really takes a lot of guts to gamble on anything now. Stocks could go north in a flash for no reason at all, but it could also go south the same way. The US Government will make some huge amounts of money with the banks they helped, but they could've made a lot more if they helped Lehman. Lehman right now has a nice sum of cash and some really good assets that some said to be worth more then most of the banks that got bailed out. I hope there's not a big pullback to mess up this nice little upward motion were getting.