JDH feb 12

[cabowabo]

JDH what are you talking about with dines. He said he was comfortable with taking a profit...because he obviously does  NOT have a choice. He is referring to FRG.to takeover so what are you talking about referring to times changing? Also, haven't you been lamenting about not renewing your dines subscription for years now? Seems like you should either stop your subscription or stop constantly bashing the man. I give him props for calling rare earths early and his uranium calls haven't worked out depending when you got in but the story is not finished yet.

[JDH]

You are correct.  I talk out of both sides of my mouth.  On the one hand, I bash the guy for giving generic sell advice (ie. "you each need to decide when to take profits"), but at the same time I've been reading the guy for so long that I can't stop.

With Dines, it's boom or bust.  He is either the at the crest of the wave (like with internet stocks pre-2000, or uranium stocks pre-2008) or he's holding too long.

I believe the moral of the story is that we all need to do our own thinking.  Read everyone, but make your own buy and sell decisions.

[onlooker]

My thoughts on some quotes found at BHSH during this week.

JDH quotes:

Yup, son #2 ditched me. He would rather hang out with the cool kids then be seen with his Old Man. He’s all grown up.

It brought a tear to my eye.

But only briefly. I was actually quite happy to go back to the warm chalet and take my ski boots off and hang out with similarly ditched fathers.

My little boys are not little boys anymore. They are almost teenagers, and while they are happy to have me around to buy them lunch, beyond that they have moved on. They don’t need me as much anymore.

Sunseeker quotes:

Clearing the mind of clutter every now and then helps see things more clearly and appreciate the things that really really matter.

dananini quotes:

it kills me, but after the u fiasco i just didn't have the balls nor the ability to dismiss past cognitive events.some people are just plain lucky, whether it be football pools, buying u's at the botom or everyday little shit that happens to people.

i'm sick about all this, because 25k back in May would probably be worth 75-100 today,just with asshole's old basket.all my shit was bought in the winter of 07, and i've held almost all of it since.

~    ~    ~

In between all the serious banter about stock picks, stock technical analysis, bailouts, quantitative easing, pundits’ calls, etc … there’s are “chilling out” family stories like JDH’s observations about his maturing sons, or Sunseeker’s quest with his other half for the finest wines and hotels in Spain or Sidewinder’s baking and BBQ adventures for his family.  I like reading about them. 

I believe that “chilling out times” and connections to significant others, family members are necessary for an investor to function more productively.

~    ~    ~

Unexpected bad financial shit does happen.

I have made investments which turned out to be crushing financial deadweights on my mind.

Thinking back, I survived those dire times by “clearing the mind of clutter every now and then, helps see things more clearly and appreciate the things that really really matter.”

And, after I discarded my real-to-me toxic blocking emotions, I got back my clear, analytical ways of thinking.  Then I was able to spot new financial opportunities, study them, and confidently pursue them.

[MetalMeister]

You still in 100% cash? 

And, after I discarded my real-to-me toxic blocking emotions, I got back my clear, analytical ways of thinking.  Then I was able to spot new financial opportunities, study them, and confidently pursue them.

[MetalMeister]

Yeah.

You and my Dad can't quit your subscriptions!  But my guess is that you are not 83?

I get the benefit of after he has read his hardcopy he sends them to me about  two days after he gets it.  So my scoop is about a week old.   

As far as the crest of the wave?

Well, I suggest another sport at your age.....   

Mine are cycling, mountain biking, and weightlifting.

I gave up golf.

Lots of interest in the game but just not enough exercise for me vs the time expended.

And that;s all I've got to say about that, Jennie.......

Signed,

Forrest

but at the same time I've been reading the guy for so long that I can't stop.

With Dines, it's boom or bust.  He is either the at the crest of the wave (like with internet stocks pre-2000, or uranium stocks pre-2008) or he's holding too long.

[onlooker]

Hi MM:

MM quotes

Huge fear in bear investors and even middle of the road investors.
I have made 175% on silver and 50% on gold since fall 2008. 

I know guys who have been raking in 300-600% on many mining stocks since that late 08-present run up.  Once it hit the lows they bought heavily on stocks they new had pounds in the ground.  They have made millions.

Sitting on 175%, I feel a little like an idiot but I have very relaxing days!!

You still in 100% cash?   
Quote from: onlooker on February 12, 2011, 07:15:52 PM

And, after I discarded my real-to-me toxic blocking emotions, I got back my clear, analytical ways of thinking.  Then I was able to spot new financial opportunities, study them, and confidently pursue them.

Big congrats on you making substantial profits!   So, it makes sense why you have relaxing days.   

I also found precious metals profitable.  But, I'm now in 100% Canadian dollars (absolutely, no US dollars!).  Feeling very relaxed about it remaining that way for now.

And, yip ...  I, an ant-sized investor do have a big fear about what happening in the current markets.  So, I got to make a much more detailed study of the markets, before I go back.  Or, putting it another way, I'll confidently go back in, after they have dipped big time. 

See:

The stock market is for suckers

Facebook is the latest company to ‘unfriend’ the market

by Jason Kirby        January 24, 2011

 http://www2.macleans.ca/2011/01/24/the-stock-market-is-for-suckers/