Selling early is for losers.

Selling early is for losers.

True. Both a.) selling for a loss (unless it will help your taxes) and b.) selling out before you hit your target/goal.

The market has been crazy the past month. Today I was walking by our break room at work a bit after the market closed and saw "Best day on the NASDAQ this year with 2.5% gain."

So, I logged into my account. I made over $4200k today (unrealized - just like my losses are unrealized). Starting to make up the losses over the past three weeks, in a big way. All it takes is a day to get things back on track.

... and to crash and burn again
... keep that in mind as well

Justin:

http://money.cnn.com/2012/05/24/investing/singapore_alphavn_pham/index.htm?iid=HP_LN

Singapore has always been the hub of commerce since the East India Company. Recently, Singapore has done more for trade than any other country in South East Asia. The country will keep advancing as China's economy grows.

I don't know what Singapore's involvement in advancing the kyat is, but I assume that foreign investment will come into Rangoon from primarily Singapore, Thailand, China, the US, and India.

I think its important to understand that oil and gas has not been heavily drilled in the country. After the British left at the turn of the century, leaving a power vacuum and free reign for a military junta, there has been no real mineral extractions other than small efforts by the Chinese and Burmese prison labor.

It would be interesting to see what opens up after Aung San Suu Kyi's National League for Democracy clears the way for American aid and trading. But I do fear that all the anticipation for trade in that country will draw crony capitalists and their cancerous greed.

Singapore is hot, muggy and beer costs too much there.

Of course it will draw crony capitalists.  Bribing politicians Developing relationships with politicians/leaders has always been one of the easiest ways to make money (the other big ones being war profiteering, market monopolization, or engaging in organized crime).  Almost all of the big fortunes in the US have been built on one or more of those four foundations. 

What you have to hope for is that there is enough room for small to medium business to operate after the corrupt companies/individuals at the top of the pyramid have extracted their profits. 

You mean all I gotta do to lay off these dead horses is pay off a bureaucrat? Does the dogcatcher count? Cuz he's all I can afford just now...

It's a start; if he can put in a good word for you ...

NEWS FLASH 6/1/2012: DOW CLOSES DOWN NEARLY 280 POINTS, ERASING ALL GAINS FOR CY2012.

Told you fuckers not to be screwing around. Where's yer messiah now?

WOWZERZ!

Australian markets: DOWN
Hong Kong markets: DOWN
Japanese Topix: WAY DOWN
Sony Stock: LOWEST SINCE 1983

The end is near...

Yeah, Greece and Spain are destroying the Euro and the rest of the markets along with it. Not to mention the terrible U.S. jobs report last Friday. I'll be buying more stocks when I have some free funds available. (Hopefully next month).

I dont know what to do ...

Invest in whiskey futures

NEWS FLASH 6/1/2012: DOW CLOSES DOWN NEARLY 280 POINTS, ERASING ALL GAINS FOR CY2012.

That reminds me of something . . .

Oh, yeah, last four years.

The stock market is largely a crap shoot, as every study on "expert" investors indicates.

I think of it something like a casino, sometimes you win, sometimes you lose, but the house always wins.

* Thrash nods *

Yeah, the stock market is exactly like black jack in my estimation-

If you don't know what you're doing, odds are you will lose over time.
i.e. you're making ~5-7%, actual inflation is running close to 10% over the last decade (as opposed to the doctored numbers the federal government publishes), and trading fees.  You're a net loser.

If you play strictly by the rules, the odds are better but you will still come out a net loser over time.
i.e. maybe you're doing research and beating the market overall.  You're still probably a net loser after you account for other variables.

If you can count cards (and not get caught), you can come out ahead.
i.e. insider trading - a good way to make a lot of money, if you can get away with it.

If you own the casino, you always win.
i.e. you're the rating agency, brokerage firm, etc.  You control the game and as long as you're not incredibly stupid, you win.

Well put ...

LOL

You know what; he's lost a lot, and paid us plenty for it ...
... let's throw in some free shit so he'll feel like a "big dog"!

LOL

Sadly, I am nowhere close to the two criteria that they base elite account status on. 1.) $250k in all your Zecco accounts and 2.) At least 25 trades in the past 3 months
They check your account every month and your elite account status is good for 6 months.

Somebody either fucked up and gave it to me, or more likely they're trying to make me happy so I spend more money, lose more money, and make them more money.

I'd say either is a possibility; I'd VOTE ON the latter ...

You're giving it a hell of a try though.

Agreed; I'd LOVE to see him come out ahead ...

There hasn't been this much market turmoil and zig-zagging in two years.

Lose thousands one day, gain thousands then next.

http://money.cnn.com/2012/06/06/investing/stocks-markets/index.htm?iid=A_MKT_News

Hey Kyle - why not focus on automating enough income to cover living costs, then the market can go to hell