Jim Rogers : Well, I am short emerging markets. So I do know emerging markets have been going down quite a lot for a while as you know. Last time we spoke, I told I would short emerging markets and I am also short American technology stocks. If the market crescendos and as the selling climax is weak, I will have to cover, but if I buy something I would buy agricultural commodities. I would not be buying stocks. Stocks are going to be, at best, in a trading range for years to come just as they were in the 1970s. - in ET Now
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Showing posts with label Stocks. Show all posts
Showing posts with label Stocks. Show all posts
Monday, August 22, 2011
Tuesday, February 2, 2010
Do not trade stocks commodities or options you will lose says Bob Chapman
Europe is Bankrupt , Germany will pull out of the Union , The PIIGS countries are all bankrupt and will drive the Euro to the mud , The EU project have failed says Bob Chapman
Professional trader and ex broker says that 99.99% of the people should not be trading stocks options or commodities , you will lose if you do says Bob Chapman The International Forecaster ....
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