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Re:U.S. job losses soar, jobless rate at 14-year high by p0ltergeist on Friday November 07, 2008 @12:30PM (#356840)
No value in planting in an economic winter? Doesn't that conflict with 'buy low sell high' principle?

no. the dow is going to 5000 (but will likely go to 12000 first) . that is a better time to consider "planting". furthermore oil is going to go over $200 and t-notes will yield 20% before this is all over, because what we are doing now is planting the seeds for hyperinflation (to follow our current deflation) with all of this "50 billion here, 100 billion there, 700 billion here" money printing.

Re:U.S. job losses soar, jobless rate at 14-year high by swombat on Friday November 07, 2008 @12:49PM (#356857)
I hope you have some good solid spread betting going on to clean out when all your predictions come true.

Oh, you don't? You mean these are just in-the-air?

Re:U.S. job losses soar, jobless rate at 14-year high by Zaak on Friday November 07, 2008 @01:55PM (#356929)
That's a good point. If you really do know what's going to happen, there's almost certainly a way you can profit from it.
Re:U.S. job losses soar, jobless rate at 14-year high by p0ltergeist on Friday November 07, 2008 @04:19PM (#357097)
i do and i will
Re:U.S. job losses soar, jobless rate at 14-year high by david927 on Friday November 07, 2008 @06:53PM (#357247)
That's interesting you say that, because while I feel I've seen this coming (and have annoyed people for years to get into metals), at the same time, I'm not confident at all with exactly how it will all pay out. My gut says that if it's paper, it's worth paper. But really, I don't know.
Re:U.S. job losses soar, jobless rate at 14-year high by p0ltergeist on Friday November 07, 2008 @04:16PM (#357093)
not that i need to satisfy you, but i have seven figures in high yield bonds that are tax free. why are my bonds high yield? because i bought them when you and your other ham-and-egger friends were trying to figure out when GOOG would hit $1000...when instead you should have been cashing out. i'll definitely be ready for 20% t-notes with plenty of ammo, and you'll still be chump-change
Re:U.S. job losses soar, jobless rate at 14-year high by dmix on Saturday November 08, 2008 @09:33AM (#357567)
So you can afford a book on grammar?
Re:U.S. job losses soar, jobless rate at 14-year high by david927 on Friday November 07, 2008 @12:51PM (#356858)
I'm with you, polter. Dow at 5 or even less, hyperinflation, etc. It's scary like a hurricane; seeing it coming doesn't help much.

But I'm planting now. Partly because I have some 'peek-a-boo' technology and nothing could stop me at this point. But also because I think if I do it right, I can play the circumstance to my favor. I'm planning on keeping my job (as long as possible) and now that friends are getting laid off, I'm roping them into my plans. No offices, no logo t-shirts, and no fuzzy business plans. But I'm planting.

Re:U.S. job losses soar, jobless rate at 14-year high by nradov on Friday November 07, 2008 @09:27PM (#357387)
The DJIA at 5000 and hyperinflation are mutually exclusive. Currently we are in a deflationary period.
Re:U.S. job losses soar, jobless rate at 14-year high by p0ltergeist on Friday November 07, 2008 @04:20PM (#357098)
well obviously there is no bad season for a true lead-to-gold scheme....but the market will be the judge of that. good luck
Re:U.S. job losses soar, jobless rate at 14-year high by johnyzee on Saturday November 08, 2008 @08:59AM (#357557)
If hyper-inflation is coming, why would you hold on to cash?

Sounds like a perfectly good reason to max out home equity loans at a fixed rate.