Saturday, March 21, 2009

***THE STOCK MARKET!!!***

...as I've said numerous times. I am very familiar with the stock market. I have traded stocks since I was a teenager and I must admit that it has been extremely lucrative, of course there have been a few bumps here and there, but anybody who trades knows that it's just part of the game. The first thing I learned about investing was DIVERSIFICATION. I've traded everything from the Dow Jones to penny stocks although I'd be the first to tell you that penny stocks are DANGEROUS and you'd better be prepared to accept a loss if it comes your way. Unfortunately the stock market is a zero sum game, somebody has to SELL you their shares, but its impossible to determine whether its a loss or a gain for the other person. Sometimes you must take advantage of situations when they are presented...the world works that way. When oil went through the roof, myself and a few other traders were well positioned in a few small oil companies listed on the Amex: FPP, MXC and PDO...of course they've come back down to earth now, but if you timed it correctly...you could have made a killing. Even though I don't invest in HYIP's now because it would be a conflict of interest seeing as I analyze them, I am very active in the stock market. I would advise you all to not put your eggs in one basket and always be willing to explore other viable opportunities. The stock market and HYIP's are great investments if you time them correctly...I have used them both to maximize my investment opportunities.

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