Thread: Mutual Fund Withdrawals a Record as Investors Flee

Mutual Fund Withdrawals a Record as Investors Flee

Still think you all will retire? I sold mine months ago, I took a hit, but thats better than having none.

I'm freaking out. Stocks my broker zeroed out have risen from the dead and are taking off in the downturn. They're mostly hedge fund management firms that were selling for $0.1-.88. I figured if any of them survived I would make enough off the survivor to pay off all of them. Three of these turkeys are flying and it looks like I'll double my 1K bet by Christmas. I just held my nose and bought so I ended up with Land of Leather too. The Lord is blessing me and it was a reasonable bet but trading was stopped when they were delisted and they went to zero. My portfolio is heading up but zombies rising from the dead shakes me up. Just thought you might want a contrast I thought it was a reasonable amount to pay for article fodder but I bought on last day of trading for many of these issues back in the Spring.

looks like it will be another banner day for a sell off.

It was, the feds stepped in creating more inflation. It went from -~600 to -~140. I watched it jump 300 in 10 seconds.

Originally Posted by william the wierd

I'm freaking out. Stocks my broker zeroed out have risen from the dead and are taking off in the downturn. They're mostly hedge fund management firms that were selling for $0.1-.88. I figured if any of them survived I would make enough off the survivor to pay off all of them. Three of these turkeys are flying and it looks like I'll double my 1K bet by Christmas. I just held my nose and bought so I ended up with Land of Leather too. The Lord is blessing me and it was a reasonable bet but trading was stopped when they were delisted and they went to zero. My portfolio is heading up but zombies rising from the dead shakes me up. Just thought you might want a contrast I thought it was a reasonable amount to pay for article fodder but I bought on last day of trading for many of these issues back in the Spring.

I got out 100%, I will see what happens in Jan before thinking about buying.

Originally Posted by william the wierd

I'm freaking out. Stocks my broker zeroed out have risen from the dead and are taking off in the downturn. They're mostly hedge fund management firms that were selling for $0.1-.88. I figured if any of them survived I would make enough off the survivor to pay off all of them. Three of these turkeys are flying and it looks like I'll double my 1K bet by Christmas. I just held my nose and bought so I ended up with Land of Leather too. The Lord is blessing me and it was a reasonable bet but trading was stopped when they were delisted and they went to zero. My portfolio is heading up but zombies rising from the dead shakes me up. Just thought you might want a contrast I thought it was a reasonable amount to pay for article fodder but I bought on last day of trading for many of these issues back in the Spring.

I worked the same trick with AIG. Bought it when it bottomed out at $2.57 and sold it thirteen days later at just over $4.00.

Just bought some GE and Boeing at bargain prices.

I believe they just put a freeze on the lending markets, I think unemployment will increase possibly in the double digits within the next week or two.

I am having problems finding gold, and have been gathering silver, and storable food. I may soon have to stop donating to the food banks, my wife and I are set to make another run tomorrow. I am starting to get nervous, I hate it when the drones sound like me, and they do.

Originally Posted by michaelr

I believe they just put a freeze on the lending markets, I think unemployment will increase possibly in the double digits within the next week or two.

I am having problems finding gold, and have been gathering silver, and storable food. I may soon have to stop donating to the food banks, my wife and I are set to make another run tomorrow. I am starting to get nervous, I hate it when the drones sound like me, and they do.

Since the majority is wrong in all markets you know your analysis is wrong for the near term. How wrong and in what way is a different question. I am trying to put together an article on the subject but the decision tree is insanely large.