irev9k

[QUOTE]trainwreck

lOOkatme

[QUOTE=sahtt,Jul 1 2008, 12:57 PM] I'm long MRO and NOV.

sevenrd

Came across a couple of interesting articles regarding today's IEA report...

http://money.cnn.com/2008/07/01/news/econo...ation/index.htm

http://blogs.wsj.com/environmentalcapital/...essimists-camp/

The comments on the WSJ article are particularly entertaining to read. One of my favorites:

"I used to think that Peak Oil was the theory of the

PearlwhiteS2k

If you don't have a stomach for the market you should stick to Mutual funds. Yeah your making only 200 bucks a month on CD but at least it's safe. Until you know how to invest into stocks and what your willing to lose. I would stay away from the market at least IMO.

Lets put it this way, What would you do if you lost 20K out of 80k? I lost XXXX.00k in aapl just in three weeks in Jan but was in AAPL for longterm, so the short term loses I didn't care.

irev9k

mutual funds should make more then the cd right?

AZDavid

Right now a CD would be a better bet. Even with a low yield you still have the state of mind that your money won't lose value. In actuality a CD is more than likely paying below the rate of inflation while the dollar is declining in value, meaning you are losing money. If you choose this option make sure you put your money into a bank that is going to be around in 12 months.

I don't think this crisis is even close to being over.

AZDavid

I am with you there

SD_S2K

please leave your money where it is, exit this thread, and go read a crap load of books and learn about the market / stocks / funds / gains / losses before you do anything

you will be happy you did and that CD is just fine for right now

dyu626

I just bought some at 14.50 just cuz I couldn't handle seeing that big -40 percent loss lol.... now its only at a -20 percent loss.

lawl. But I have confidence in YGE for the long run!!

AZDavid

Coal stocks are getting killed to the point charts are ruined