○ looks back will reach 20$ much sooner than I said;
● so far your positions look great. butit all based on the right judgment of the market. yes, you will make big money if the market goes as you predict. what if you made the wrong prediction? what if SPX went to 800 instead of 1200? would you stop gain/loss? would you buy some options to hedge?
○ It's a nice reminder, but I think he will learn the lesson by himself
○ it is really good point. I don't like DT , but what i did is like that . Unfortunately i only have Canadian account , if you don't mind , could you please suggest some canada stocks in different fields. Thanks a lot.
○ Do you see big five bankrupt before 2008 in the past 100 years? so why worry they will bankrupt. That is the same logic for C. Nothing is impossible. All you stock could go to double, but before that, it may cut in half.
○ thanks, that I will do; personally speaking, I like BAC rather than C; the only thing people don't need to worry is that Gov is also in common shares of C; that will lead the uniqueness of C; let's wait and see how high it can go;
this called the tide suffer, don't predict how high the tide can go;
just watch, follow, and react on the fact;
once finance system got stablized, next will be the long bull for US housing, commodity market;
please see above my post that catogarized the risk level on the list;
● sigh, if US $ keep geting weak; Oil will soon above 80$ and everything will have to go up sharply, $ figure wise; finance, commodity, real-estate, everything has a price tag;
so far US still the world engine (may future replace by PRC, India, Eur union) but none of them in sight yet; Canada commodities and resources should have huge potentials; though some them already quite expensive already; stock price wise;
● NCS, DRYS, YRCW, LCC now on my list of 5 times target price in next few years
I still believe that at these many stocks at these historical floor prices; the only thing left for MM to do is how to convince people that the stocks now just too expensive to hold;