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Posted: 12/21/2003 3:47:25 PM EDT
[Last Edit: 12/21/2003 3:48:02 PM EDT by Wolfpack]
I was GOING to invest in WYNN , it is Steve Wynn's new casino company and he is building the Wynn Las Vegas hotel out here to be opened in 2005. Well I was looking at this freaking stock in Sept and just looky what happens sometimes you look and don't act...

moneycentral.msn.com/investor/chart...=0&D7=&D6=&D3=0


GODDAMNIT!!!!!!

Stockmar­ket---> <----Wolfpack
Link Posted: 12/21/2003 3:53:12 PM EDT
Maybe you should invest in Vaseline!  [:)]
Link Posted: 12/21/2003 4:07:52 PM EDT
The market is all about timing. You need to strike when the iron is hot[;)]
Link Posted: 12/21/2003 4:40:20 PM EDT
Relax, just think about the capital gains you won't have to pay.[:D]
Link Posted: 12/21/2003 7:55:42 PM EDT
I always tell people, in GOLD we trust. It's going up like in '79-'80.
Link Posted: 12/21/2003 8:20:59 PM EDT
Yeah, you got a whole lot to rant about there.

Much worse than a guy who's not making enough money to even think about putting something in the stock market, just has maybe barely enough to keep his family eating, and has to worry about getting a bullet in the back in Tikrit.

Just trying to throw a little perspective into this.
Link Posted: 12/21/2003 9:15:40 PM EDT
[Last Edit: 12/21/2003 9:15:55 PM EDT by Wolfpack]
Originally Posted By GovtThug:
Yeah, you got a whole lot to rant about there.

Much worse than a guy who's not making enough money to even think about putting something in the stock market, just has maybe barely enough to keep his family eating, and has to worry about getting a bullet in the back in Tikrit.

Just trying to throw a little perspective into this.
View Quote


Hey, I'm married to a Filipina....that's like being in hostile combat everyday. [:D]
Link Posted: 12/21/2003 11:00:26 PM EDT
Link Posted: 12/22/2003 7:43:15 AM EDT
Yup, the only reason Gold is currently hot is because everything else has been running cool.  But as the economy continues to recover, gold and other "hard" commodities will cool off.  
Link Posted: 12/22/2003 7:46:07 AM EDT
[Last Edit: 12/22/2003 7:48:11 AM EDT by raven]
Iceman, Troy, with Respect, you guys dont know what you're talking about.

Gold is rising WITH the stock market, for the same reason. Mo' money, mo' money' mo' money being created by the Fed.

Gold is hardly moving in respect to Euros and other currencies.  It's skyrocketing in regards to dollars.

Dollars cannot find a decent return in savings (low interest rates) so they're being forced into stocks and now gold.
Link Posted: 12/22/2003 10:02:29 AM EDT
Originally Posted By icemanat95:
Yup, the only reason Gold is currently hot is because everything else has been running cool.  But as the economy continues to recover, gold and other "hard" commodities will cool off.  
View Quote


Not true.  There is some evidence that the market price for gold has been artifically suppressed for a long time.  There is an ongoing lawsuit (Blanchard vs. Barrick) that alleges just such an action has occurred.  The return on gold has been very good since late 1999.  From $250 to $410 an ounce in 3 years is not a bad rate of return.  Platinum has gone from $350 to over $800 an ounce in the same period.
Link Posted: 12/22/2003 6:43:27 PM EDT
So, what'd you end up doing in the market today Wolfpack?
Link Posted: 12/22/2003 8:27:47 PM EDT
Originally Posted By CAPITALIST:
So, what'd you end up doing in the market today Wolfpack?
View Quote


Well, I just stayed with the big guys for now. Put a little more into Medtronics (MDT) and Pfizer (PFE). I also put some just for the hell of it into Park Place Ent. (PPE)...cause I want to try a local casino stock. All of my stocks are long termers, I'm not even thinking of pulling any out until I retire...if I ever get to that is. I looked at that company you IM'd me but my broker won't let me buy it because it's a foriegn stock...oh well, I wanted to try it.
Link Posted: 12/23/2003 6:17:39 AM EDT
Wolfpack, I bought that stock I told you about "Crucell(crxl)" through Ameritrade with no problem. It's on the NASDAQ-NM
It's gone up from $5.70-$6.20 since I told you about it on Sunday. I bought into this stock on Nov 25th at $4.28 a share. Tell your broker it's on the nasdaq "national market" board.
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