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Doing fine, I may be up 1% a month, down 1% the next.
I've been in cash, tbills and short term CDs for almost a year and a half now. (I couldn't get completely out, there were some things I hold that I can't sell without triggering tax consequences, like Kinder Morgan. I also put money into a bear mutual fund, called Prudent Bear. So I have some small flux).
This meltdown was totally predictable, been discussed many times on this forum in the past year. I was 12-18 months early in getting out, and missed out on what would have been a decent year of gains, but that's ok.
Speaking of predictions, has the "Stock Pick" thread been update lately? The one where we picked stocks at the beginning of this year? I lol'd at some of the picks (like Apple at $180).
I don't know how my pick is doing, but I only had one criteria for the pick: What will do well when by late 2008 we are in economic meltdown? I figured a gold stock would be good.
Last edited by the; 10-03-2008 at 09:33 PM..
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