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Market Is Crashing
- Thread starter Mecro
- Start date
Quote from Mecro:
Everyone sell all, buy gold and lock urself in a bomb shelter.
LOL is that the famous "jump out the frying pan, into the fire" trading strategy?
IF the stockmarket melts, you're gonna get your ass hung in a sling buying gold.
Only thing you can do is to buy extremely defensive stock issues or a money market fund.
Anyway it's all moot because the market won't go too much lower from here.
Quote from OneHipCat:
LOL is that the famous "jump out the frying pan, into the fire" trading strategy?
IF the stockmarket melts, you're gonna get your ass hung in a sling buying gold.
Only thing you can do is to buy extremely defensive stock issues or a money market fund.
Anyway it's all moot because the market won't go too much lower from here.
Wow,
for the second time,
IT WAS A JOKE.
Check this out. I think we are still on target ..
http://www.elitetrader.com/vb/showthread.php?s=&threadid=26645&highlight=crash
http://www.elitetrader.com/vb/showthread.php?s=&threadid=26645&highlight=crash