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Discussion in 'The Club House' started by mountainman13, Dec 14, 2012.
You check the gun company stocks today?
I buy and sell S&W and Ruger stocks quite often. they are down some right now so I'll most like buy some pretty soon.
Don't you find it strange that they all dropped today?
Many stocks dropped today.
I made a little on MPC.
Stocks go up and down for no reason what so ever. Don't look for "secret" reasons. Look at when stocks fall because of "troubling news about Europe's economy". Then the next they go back up and nothing has changed from the day before. No sense.
Hindsight being 20/20, you can sometimes trace the cause n effect. Problems w value chain can be corrected but how does one effect the court of public opinion ?
Look at Apple Stock - 52w range is $705 -$377. Maybe the "Doors" had it right - "People are Strange."
Until we get a budget passed by congress we are going to see stocks lose value. Once a budget is passed you will see a huge rally, especially by companies that benefited by any changes to the tax code.
I have a Bud who has been successful trading stocks. Simply put - he only buys company's he believes in. He utilizes limit orders to buy on dips and sells when high. Fiscal cliff is creating buying opportunities.
Problem is no one - I know of has been able to predict the mkt in the long term.
Google : Aristocrats - best - "safe bet" I have found. Must have 20+ record of Div. - capital appreciation w better return than 30 yr treasury. Sorry no index available.
My faith in Wall Street was shattered in 2008. I buy guns and ammo, the rest is for my family and gas tank. Obama is the capitalism worst nightmare! Failure to prosecute those who screwed everyone 401K the last time has left me thinking my money will always be mine from now on.
Personally I like wood stocks, not so much the synthetic ones.....
Stocks arent a much safer bet than the Casino. Their is even an end of extreme growth in firearms and supplies sales in our future, those who want them have them and even in the SHTF scenario, there is only so much anyone could use, the sheep dont want them and wont try to buy until its too late. Pondering moving most of my higher risk Mutual Funds into Money Market and Bond accounts soon.