what do you guys think ? I think market correction is underway.....last few days actions in market doesn't look good. Many people got wiped out in 2008/9

My gold right now, Nepboy--is ethanol..

http://www.barchart.com/chart.php?sym=ZKJ14&style=technical&template=&p=DO&d=X&sd=03%2F01%2F2012&ed=03%2F28%2F2014&size=M&log=0&t=BAR&v=0&g=1&pct=1&evnt=1&late=1&o1=ZCH14&o2=&o3=&sh=100&indicators=&addindicator=&submitted=1&fpage=&txtDate=03%2F24%2F2014#jump

@beautifool
football(soccer) game
Brazil vs Nepal --> you know who wins

election
Congress/Communist vs Raprapa --> you know who wins

i am just curious what's the pattern to be used to get max profit from stock gambling.

sojoketo - you're right with the game/election predictions and people like warren buffett see the stock market the same way. they look for discrepancies.

"i am just curious what's the pattern to be used to get max profit from stock gambling" - you must know the rules very well and you must be patient. To know the rules..you must read..but to be patient is another thing. My recommendation..go read how and why the market crashed in 1929, 1987, 1999 and 2008/2009..and just like we like football teams like Brazil..you should read everything you can about stock gamblers..read their biographies and they will show you their way of winning in the stock gambling. And generation after generation market is run by human and human behavior is pretty much the same. we panic and we laugh.

After reading through some of the post, I am certain of one thing and only one thing. There are some people in this thread, that should not have any business what-so-ever being in the stock market. Well, I guess the invisible hand will be at work, in this case also. Might be just my wishful thinking that they would not lose a truck load of money.

sajha guru - thanks for your comments. I'm normally buying low p/e, positive EPS and cash flow positive companies. But PEIX was too good a deal to let go. So I hope you're not sarcastically talking about me - "should not be in the stock market" ...because I'm learning and trying to avoid mistakes. There is one stock that I'm thinking of falling in love with.Ticker symbol is ERII. They are in the water business and I do believe that Water is going to be the next hot commodity.

I just invested about 35K on gold bullion. I don't know I did right or wrong in his "budhes kaal ma". What's your take?

Sojoketo - as Beautifool mentioned, nobody knows whats going to happen. I was just expressing my views based on what I read and felt. Fed has printed trillions of $ in last few years and printing press in still utilizing its full capacity. I just can't believe that it won't have any impact on monetary system and $ will continue to be strong. I don't believe in most of conspiracy theories but I believe in this one and think that CPI is flawed and real inflation is much higher because I can feel it when I go for grocery, shopping. Its like, fed is peeing in our heads but they are telling us 'Don't worry, its just water'.

BTW, I am not a gold bug who favors for Gold Standard. I think Fed was forced to print money and to some extent it was a right decision to save the economy. However, I believe that it will have a negative consequences on the value of $ once all the printed money circulates in the market and at that time, Gold/Silver will be BHALE :)

I know that the momentum is still bearish on gold but I also believe that best returns are realized before the analyst start touting an investment so I have started putting my bets. I know that all the central banks have power to suppress the gold/silver prices for the time being (as they have been doing now) but I don't think they can continue to do so for long run. I could see ~20% haircut in short term but I am willing to take that risk. Bottom line, no I am not an expert or very knowledgeable about stock market and I could be wrong.

Beautifool - I started reading about mining companies once you posted about IAG in December. I didn't buy it but ended up buying RIOM as it has potential do better and also has some cash to survive even the gold prices goes down for short term. When you posted about PEIX I thought, the draught in California will impact the prices of corn so didn't pay much attention to that market but it didn't (or has not yet). Its great that you made a right call and made decent profit. Perhaps I didn't understand the market. I always thought that once the corn price goes up and affects the consumers (inflation kicks in), there will be some policy changes and they will discourage (or apply taxes) using corn in ethanol. Don't you think so?

get ready for another pullback....IBB biotech index is pulled back again...not looking good..it's pulling whole sector down.....

I am ready for HEAVY correction

NepaliBudho or perhaps I should say Nepali Dai to pay some respect if you are really old :)

If you are willing take moderate risk. Put

15K in SLW
5K in AG
10K in ABX
and buy 5K worth of Silver. Why silver over Gold? Please read this
http://wallstcheatsheet.com/stocks/7-reasons-why-silver-investments-look-better-than-gold.html

I believe that investing in mining companies in better way to invest in PM, if you are willing to take some risk. If the silver prices is up by 40%, SLW will be double but if goes down by 40%, I don't think SLW will be down more than 40% so the upside potential is high. There is a good chance that silver will be more than 50% up in next couple years so you guess.

You don't actually have to do this and most likely not going to this as you have already bought so please keep your bullion in safe place and good luck but how bout this, lets check after 2 years and see how it would looked like if you had done so :)

I485 and Beautiful,

Hope you also read this one
Billionaire Investor George Soros Bets $1.3 Billion on U.S. Stock Market Crash
http://ftmdaily.com/daily-briefing/021814/

i 485 - good work..I'm all in so I can only wait for pullback..and you have cash ready. Will learn to become like you in figuring out when to cash out.

Nepboy 789 - PEIX is not my buy and hold stock just like JVA (150 shares) that I bought the other day for 7.75. But I do intend to hold TEXC for the foreseeable future and if the CEO does not screw up, I think TEXC will deliver by the end of December and next year..but no falling in love with TEXC also. PEIX was a screaming buy yesterday under $13 and who knows it will go down again..but I'm expecting a very good quarterly report..and then will see how it goes..


But gold- After buying IAG (picked it though screen)..and researching the gold industry..I no longer plan to buy gold stocks at least for now. But when you know about the industry and like the industry..then you should be happy with your picks. Hope this helps.

????

oh gosh! whatever you guys are talking, I ain't understand anything.
Sounds like everyone here is a pro in stock/gold/silver gambling.Probably I can learn something from you guys. :)
For me these freaking stock/gold stuff is like a baccarat game.
I bet on player, banker wins and when I bet on banker, player wins. WTF!!

Few days back I bet all my asset on Google and facebook stock. Google one, I purchased @ $1220/stock. That's it.
Within a week(around 10 days), the google stock plunged to $1120.
-$100/stock. WTF!! Let's not talk about Facebook one. :)

However, if I still have money I would have still bet on Google, Facebook.
REASON: These companies are handled by the smart arse in the world. whatsApp  for $18 Billion, Oculus for $2 Billion. There must be something going on.

sojhoketo..if you're putting your money on things you don't know about...you should change your name and make it something like..murkhaketo...no kidding but you're betting on green vs red...vs fundamentals..in the next 5 years..google/facebook both do good because of their market dominance..but on a weekly basis..you can't. hope it helps..tito satya..you should start analyzing balance sheet and income statement..here's a good video..and i hope you catch up..its boring but money ain't free..

http://www.buffettsbooks.com/security-analysis/what-is-goodwill.html

:) u may be right. However, just wait for 1 more month!! And see what happens!!

Sojoketa..Good for you..but PLEASE.. if you are a generous person..don't reply to my posts.. I don't like mad people in my world. Get the fuck off..if you'll excuse my bad word..But seriously..don't come here to fucking show you filthy attitude..live and learn and don't fucking respond to my post..until you know the difference between stock price and market cap..Not bullying you and I know ( you fucking deserved to be pulled your fucking hairs)..don't try to fit in without being prepared...remember..when you go to the army..it's a saying that you start with polishing shoes..and you're not accepting it..but fuck..do i give a fuck about you? fucking 1 month result beggar? get off my post..if you have a sensible mind..go to the fucking library..and get back with sensible post..if you won't..i'lll continue to bother you..and won't let you sleep easily..live and learn....Fuck you bitch..if you want to sound smart gain..consider me your extremely bully teacher from you high school rather than the bullies in your neighborhood..if you wanna succed..you don't fuck with me with your bull shit 1 month prediction..don't even dare to post...bitch

"h gosh! whatever you guys are talking, I ain't understand anything.
Sounds like everyone here is a pro in stock/gold/silver gambling.Probably I can learn something from you guys. :)
For me these freaking stock/gold stuff is like a baccarat game.
I bet on player, banker wins and when I bet on banker, player wins. WTF!!

JUST FUCK OFF AND GROW UP!!! If you can't have a meaningful conversation.you better not respond. I don't fucking go respond to each and every posts

sojho/murkha keto..if you can't give me the fucking "Modelling" of how revenues and expenses are going to be ..about your choice of stocks like google and facebook..don't even try to bother..I'll keep spatting your fucking ass

Since it was a Friday evening..and had some drink..and spatted my thoughts-- but I'm not gonna say sorry here...

If you don't have the habit of fucking reading...don't even bother investing..only few people here know what they are doing...and intention is...don't lose your fucking money. but don't try to act smart..and while you know you're not..get your fucking ass ready...read read and fucking read..rather than..fucking comment with your bull shit..my comment is for everyone like "murkhaketho"..if you don't read and don't get it..don't comment on my posts..period. go curse at me as much as you want..but i'm talking for your own fucking benefit. grow up

@beautifool u cocks**ker, dalal
who the f**k u think u r to use the f word pointing to me.
it's my money. i dare to spend it the way i like.
i loose or i gain. none of your f**king business.
I ain't asked for your f**king suggestion too.
Again, don't ever dare to mess up with me. Before i take it personal and track u down ..and impale u down your a##, don't u f**ng ever mess up with me.