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Old September 24th, 2008   #21
 
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Default Re: HL Investment Challenge #2 Game

I do not know what to invest I think it's all going down short term, in on my own account (real money) I moved all my assets out of the country in July and bought Swiss Government Bonds and PM in a vault in Australia. I believe the way the Fed and treasury are throwing money around these days the dollar is going to be worth .010 in a couple of years.

If they institute currency and capital controls it will not matter anyway we will all be screwed.

I'll look at it again maybe FXF,GTU, and Merk hard currency but the horizon is a little short
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Old September 24th, 2008   #22
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Default Re: HL Investment Challenge #2 Game

Yeah ... nice move ... make sure you keep Aunt Iris informed ... they get very pissy if you don't ... they tried giving me a $25K fine for a tiny offshore acct. Never admit anything you don't have to.



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Old September 24th, 2008   #23
 
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Default Re: HL Investment Challenge #2 Game

Quote:
Originally Posted by Tech Geek Deluxe View Post
Yeah ... nice move ... make sure you keep Aunt Iris informed ... they get very pissy if you don't ... they tried giving me a $25K fine for a tiny offshore acct. Never admit anything you don't have to.
I would never lie to the IRS

Quote:
Mining and mining related asset wealth companies or those that service them. [Must have good liquidity or well over 100K shares traded daily]
Energy or energy related asset wealth companies or those that service them. [Must have good liquidity or well over 100K shares traded daily]
Income producing high earnings and dividend stocks that have extraordinarily solid financials and good liquidity.

All good choices - in these times it is a real tough call when all asset classes are declining. If you lock in with a 5 year horizon should come out on the other side of the crisis pretty well ahead of the game.

I thought about it alot and decided that if I could sidestep the market decline and insulate myself somewhat from any dollar decline I could step back in in 2 or 3 years when the market bottoms with out too much of a hit on buying power.

A bit of a gamble anyway you play it these days
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Old September 25th, 2008   #24
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Default Re: HL Investment Challenge #2 Game

EEffffing VSE ... changes data and won't let you cancel a wrongly entered trade .... grrrrr ... I had a 10K winning trade in that got screwed up .... stupid system.

Sigh ... ok its not real money ... but if it were I could chew on someone.



Main: 3.6ghzE8400, Xigmatek, Asus p5Q45, PC 610W PSU, 4GB 6400, XP Pro, 500GB, 22" + (2)19" WS LCD's w/ Palit 9600 GT, ATI4350 HT, 550Pro, P8600 Notebook. Cambridge # 12 Portable, Rode Podcaster Fios-15mbs
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Old September 25th, 2008   #25
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Default Re: HL Investment Challenge #2 Game

Quote:
Originally Posted by Tech Geek Deluxe View Post
EEffffing VSE ... changes data and won't let you cancel a wrongly entered trade .... grrrrr ... I had a 10K winning trade in that got screwed up .... stupid system.

Sigh ... ok its not real money ... but if it were I could chew on someone.
Pfft, that happened to me at least 4 times in the first game....stop whining.



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Old September 25th, 2008   #26
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Default Re: HL Investment Challenge #2 Game

Capper ... it has happened to me at least 20 times .... Easily ... today it happened about 8 times ... bad or no executions.

I only said something this time cause I cancelled within less than 20 seconds ... and re-entered the trade ... hoping the stupid system would pick it up ...

Plus the chart setup was a 20K day minimum swing ... pissed me off because it would have been an easy 20K in 2 hours of work off of a 50K acct.

Look at TOPS ... a perfect "ping pong" play chart.

Damn if they did not execute 10 other trades I entered and canceled 15 min later ... oh well I had an OK trade day ... but coulda been a 20K day easy if my trades got executed.

The TOPS news is a standard "Print Money" scam ... makes the stock bounce hard so that a ton of money can be made either to enhance the market ... fund a buy-out ... or pay back the Million reparations they promise ...

Believe me ... I have been in offices where there were stacks of stock certificates of differing companies that were not yet issued. You really can print your own money in this industry. Really.



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Last edited by Tech Geek Deluxe; September 25th, 2008 at 16:34.
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Old September 26th, 2008   #27
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Default Re: HL Investment Challenge #2 Game

Did a different style today based on bottom feeding for a bounce on technically sound stocks.

It kinda worked. More work less profits ... but if you get stuck holding a stock ... well it is a good hold till it pops later.



Main: 3.6ghzE8400, Xigmatek, Asus p5Q45, PC 610W PSU, 4GB 6400, XP Pro, 500GB, 22" + (2)19" WS LCD's w/ Palit 9600 GT, ATI4350 HT, 550Pro, P8600 Notebook. Cambridge # 12 Portable, Rode Podcaster Fios-15mbs
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Old September 26th, 2008   #28
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Default Re: HL Investment Challenge #2 Game

A General Reminder:

Keep in mind you must be in the game no later than September 30th (a few days away) to be eligible to win the prize! Just be in the game, not actively trading but in the game!

Ron



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Old September 26th, 2008   #29
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Default Re: HL Investment Challenge #2 Game

Quote:
Originally Posted by Reloadron View Post
A General Reminder:

Keep in mind you must be in the game no later than September 30th (a few days away) to be eligible to win the prize! Just be in the game, not actively trading but in the game!

Ron
Plus ... TECH GEEK INVESTOR does not count in this game ... I am not allowed to win so just ignore where I am on the charts and start trading and competing and having fun ... you can win a prize to help your hardware needs !!!



Main: 3.6ghzE8400, Xigmatek, Asus p5Q45, PC 610W PSU, 4GB 6400, XP Pro, 500GB, 22" + (2)19" WS LCD's w/ Palit 9600 GT, ATI4350 HT, 550Pro, P8600 Notebook. Cambridge # 12 Portable, Rode Podcaster Fios-15mbs
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Last edited by Tech Geek Deluxe; September 26th, 2008 at 16:35.
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Old September 29th, 2008   #30
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Default Re: The HL Investment Challenge

Market took a major tumble this day,WOW! And the bail out vote failed,as I thought it would anyway.Wonder what will happen next?



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