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re: I think the bottom is in the low 8000s

Posted on 11/19/08 at 4:22 pm to LSU Fan 90812
Posted by Rivers
Florida
Member since Nov 2008
3256 posts
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Posted on 11/19/08 at 4:22 pm to LSU Fan 90812
To heck with Google...If gold drops back to $250 I'm gonna buy some more.
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Posted by Gridiron Guru
Lafayette
Member since Nov 2007
1441 posts
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Posted on 11/19/08 at 11:37 pm to Rivers
quote:
To heck with Google...If gold drops back to $250 I'm gonna buy some more.
How does gold taste? Better put your money in canned & dry food.
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Posted by clamdip
Rocky Mountain High
Member since Sep 2004
21290 posts
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Posted on 11/19/08 at 11:42 pm to LSU Fan 90812
quote:
If goog drops down to 200 I'm gonna buy.


I haven't bought GOOG, but I've bought a lot of stuff on the dips in the last 6 weeks after being 75% cash for about a year. Catching the falling knives with both hands now. Ouch.

Only bright spot is that I've also made a nice profit on QQQQ put options.

I recommend holding some puts no matter what these days, if for no other reason than to not be 100% bummed on days like this. More like just 70% bummed.
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Posted by SnowMan77
Baton Rouge, La
Member since Oct 2008
2242 posts
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Posted on 11/20/08 at 12:56 am to clamdip
Buy oil futures.
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Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26727 posts
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Posted on 11/20/08 at 12:57 am to SnowMan77
quote:
Buy oil futures.


Bet on black
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Posted by crazycajun08
Baton Rouge
Member since Oct 2008
807 posts
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Posted on 11/20/08 at 5:58 am to Gridiron Guru
quote:
How does gold taste? Better put your money in canned & dry food.


+1

already have it
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Posted by theunknownknight
Baton Rouge
Member since Sep 2005
60690 posts
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Posted on 11/20/08 at 10:16 am to crazycajun08
quote:
I think the bottom is in the low 8000s


The bottom is going to be 1.
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