re: Money Talk Reunion Thread

It is the widow maker. But you're right, it gets disconnected from fundamentals a lot more than copper or aluminum as an example. Not that demand for industrial commodities has anything to do with the liberal "recovery" as of late.

Look, you're correct that 85% of the retail guys are gambling, but the guy that did most of the leg work in the natty gas thread isn't exactly one of these. He's pretty sharp, although the thread title should likely be renamed "BOIL is ALMOST always predictable, but sometimes not very much!" We all took a hit this winter, but for me it dropped my gains to about 23% instead of the 60% I was at in October.

With respect to penny stocks, National Bank of Greece is worth the risk to me. Freddie and Fannie as well. The difference is that at least they do something, unlike what 80% of the guys are posting about in that thread.

I'm just saying I like to have some small percentage of my available liquid funds in a high risk, high reward play that is at least based on some logic.

I'm also saying most all of my losers are posted on here. I lost money last year trading. First time in a long time, but it happens. I limit my losses, take a break, regroup and move on.