DOOM Investing

Sun Jan 02, 2011 8:17 am by Megadoom

Say bad things about the stock market - "it's all rigged, nothing but a manipulated casino, can't predict TPTB, a den of thieves, etc" - but it's made some savvy investors quite wealthy since the collapse of 2008. Doomers have done a terrible job at predicting it too, probably because we have good common sense and are realist; whereas the stock market is anything but. I know many of you invest yourselves - gold, oil, and alternative energy stock, etc. Would love to know how you're doing.

I'm going to sticky this thread, and want it here to hash out opportunities, picks that you think will be worth wild, and any strategies that PO and hippies like us can make the money that buys preps, land, farms, etc. I know I could use some money if I'm going to secure my position here in the NE. Farms and land cost a fortune. Weapons are expensive. solar power ain't cheap, etc. Plus, I'm going to adopt a kid this year...I'm not getting any younger, and would like to provide some semblence of a future for my child. Well why on earth would I want to prepare a kid for the holocaust that is to come? Simple, for without the guided youth we as a species have no future, and if we have no future why even discuss anything on this forum? It would be meaningless. I firmly believe we have a future, a few of us - not necessarily me - but some child of tomorrow. I think that's the best we can hope for. So.....

Collapse of this inbred market is assured, but let's take advantage of it while we can.

OK

Let's talk about gold and oil investing first since it's the usual preoccupation for people who believe the US economy is sinking and world wide oil production is dwindling.

I'm a investor virgin myself and just opened a E*TRADE account so would like all the help I can get from those who are trading experts. Swampman, where are you?

SPDR gold shares - 138.72 GDL 17% increase for 2010

The investment seeks to replicate the performance net of expenses of the price of gold bullion The trust holds gold and is expected to issue baskets in exchange for deposits of gold and to distribute gold in connection with redemption of baskets The gold held by the trust will only be sold on an as-needed basis to pay trust expenses in the event the trust terminates and liquidates its assets or as otherwise required by law or regulation

GNR 59.23 Up 13.41% for 2010

The investment seeks to replicate net of expenses the S&P Global Natural Resources index The fund invests at least 80 of assets in securities comprising the index The index is comprised of 90 of the largest U S and foreign publicly traded companies based on market capitalization in natural resources and commodities The fund is non-diversified

Megadoom

Sun Jan 02, 2011 9:16 am by roccman

Good thread.

In April 2008 I shorted the banks (XLF puts) - in October 2008 I sold making over 500%. The point is, that a lot of the HUGE money has been made in the market on the crashes and on the whip saws...frankly predicting a crash or playing around with this volitility will kill a small guy in 10 minutes - so I have mostly been out for a while.

I am in SLV (the etf) and DBA (ag etf) currently.

If I had a few dollars to risk losing I would get into option trading.

stick to leaps (calls) ---go out as far as you can the further you go "out of the money" the cheaper they will be (2012/2013) ---- and LEAPS on oil names like PBR, RIG, SLB, and NG and food names DBA, MOS, MOO----you could short XLF but better to buy a little FAZ it is the triple bear short by Drexion on financial sector--------it is extremely volitale-----but it moves huge---again they are 3x short ETF's ...other are BGZ, DRV, MWN, TZA---be very careful with those but I think FAZ would be good---and if it drops buy a little more---this whole mess could implode by mid 11----what a nightmare coming our way.

Other long dated call's to look at: GG, KGC, SSRI, SLW, ABX, RGLD, AEM, GDX, GDXJ ---look for LEAPS out as far as 2012 or farther like 2013---some of these stocks may not have LEAPS out this far--but if they do--buy them.

Also - I posted this last night:

http://www.google.com/finance?chdnp=1&c ... DMN&ntsp=0

A miner that is hydro - when PO bites miners hard...they will drop like flys, but if they are hydro based...who knows.

Anyway - good luck Mega!

PS - be sure you applied for an option account with etrade Mega - if you need help filling in the option application - get with me. If you don't answer all the questions "right" you will not be approved.

Sun Jan 02, 2011 9:34 am by mcgowanjm

Maybe you two aren't gonna like me so much after this.

I've been trading since 1978. I saw derivatives-what Rocc is referring to-develop in the
Chicago BoT and move with Greenspan/Reagan's 1982 Derivatives Act.

The 1982 Act is what caused the Markets to skyrocket then and they haven't looked back.

Almost 30 years later the inevitable end of that $1.5 Quadrillion ride is a t an end.

That was the hyperInflation Period that 80% now say is at hand.
Not gonna happen.

Bolivia is the latest example.

Ilarhi wrote:Wray's claim is that Mortgage-Backed Securities are not backed by anything, since the MERS electronic securitization facility carried from its inception a number of plainly illegal concepts. Therefore, he says, most if not all US foreclosures are illegal, and all MBS are unsecured debt that the issuers will have to buy back - to the tune of trillions of dollars. Which entirely dooms the main US banks.

Stay out of debt. Keep to Short Term Treasuries. Wait for Europe to Collapse. This Spring.
When housing falls 80%, you will be able to buy homes for cash. Oil will fall to $30 the bbl.

Gonzalo Lira wrote:
This “success” has allowed the U.S. Federal government to continue to avoid making necessary, critical budgetary decisions—paradoxically accelerating the U.S.’s deteriorating fiscal situation.

That 'success' is what you two are looking to ride on. The Only thing keeping the Markets in the green.

http://gonzalolira.blogspot.com/2010/12 ... -2011.html

Sun Jan 02, 2011 10:30 am by mcgowanjm

Watch Spain. When you see the next 'Guernica, April 1937, you'll know we're at
the depth of this leg of the Last Depression.

http://www.theburningplatform.com/

The top 10% wealthiest Americans own 98.5% of all the stocks in the country. They feel richer because Ben Bernanke has propped up the stock market with trillions of borrowed money from future generations. The other 90% of Americans have stagnant or non-existent wages, rising costs for fuel and food, falling home prices, rising debt levels and little hope for the future. They have been thrown a bone of extended unemployment bennies, a temporary payroll tax cut, and extended tax cuts.

With an illegal MERS

TAE wrote:It claimed to be a nominee of these firms (purported to hold the mortgage) but also to be the holder of the mortgages including the "Unidentified Indorsees In Blank" -- mortgages that were never properly endorsed over to purchasers.

We know, however, that MERS recommended that mortgage servicers retain notes, so MERS's claim to be the holder rests on its claim that appointed VPs are employees. But these employees are not an agent/employee of the "Unidentified Indorsee In Blank", nor are they paid by MERS or in any way supervised by MERS.

every Foreclosure is Bankster Theft.

Sun Jan 02, 2011 8:19 pm by terrifun

I'm still in but only because I make my entire living off investments. Yup, I'm one of those people everybody loves to hate. It wasn't my desire or plan, just how things turned out. I'm not even a money person (never interested me).

I mainly invest the old fashioned way even now. Short Term Treasuries and CDs, municipals (easing out of those, naturally), and household name dividend payers. I focus on allocation, fairly boring standard stuff (with a PO slant of course). LATOC saved me a lot of money in '08. Got caught w/ BP stock but got rid of that after DWH. Yeah I feel like I've got blood on my hands but I live beside the gulf so it's never out of sight out of mind. I pay better attention to what the companies do now.

Being an investor is like playing musical chairs at this point. But I agree, do it while you can, before the music stops for good. Just be nimble. Very nimble. Be able to get out in a heartbeat. Don't keep it all in one location either.

Sun Jan 02, 2011 8:40 pm by Revi

I just bought LIT for my retirement account. I bought NEE about 4 years ago, and it's not doing great, but it didn't lose anything during the meltdown. I really don't know what's going to happen, but it's good to have a little money on the table. The whole thing's a crapshoot anyway, so at least they are letting me put my money into things that have a chance of doing something. I'm up on OIL and USO anyway. I'm way down on ESLR, but it may have hit bottom. I learned that when it's up, sell. I have about 8 years until I call it quits and sell everything. I hope it holds up that long...

Sun Jan 02, 2011 8:57 pm by Northerner

I have about 8 years until I call it quits and sell everything. I hope it holds up that long...[/quote]

I highly doubt it. What we are witnessing in the markets is fatally wounded beast thrashing around in agony and trying to decide which limb will flail next.

Mon Jan 03, 2011 10:14 am by Megadoom

Northerner wrote:I have about 8 years until I call it quits and sell everything. I hope it holds up that long...

I highly doubt it. What we are witnessing in the markets is fatally wounded beast thrashing around in agony and trying to decide which limb will flail next.[/quote]

More like fraud and computer manipulation. Nano-second trades.

Megadoom

Mon Jan 03, 2011 3:36 pm by lurker

Like everyone else on this thread I have no knowledge that could possibly improve my chances of making money in the markets. But I do not think they are impossible to understand so I'm keeping up with the reading. Currently, I'm going through "The concepts and practice of mathematical finance" by Mark S. Joshi. I'm also downloading market history and applying what I learned using Python. It is fascinating even though I might never improve my chances in the market.

Mon Jan 03, 2011 3:53 pm by Megadoom

lurker wrote:Like everyone else on this thread I have no knowledge that could possibly improve my chances of making money in the markets. But I do not think they are impossible to understand so I'm keeping up with the reading. Currently, I'm going through "The concepts and practice of mathematical finance" by Mark S. Joshi. I'm also downloading market history and applying what I learned using Python. It is fascinating even though I might never improve my chances in the market.

Why not invest in gold hedge funds or the energy sector? We know those are destined to increase.

Megadoom

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