Ryan

After years of contributions, it probably adds up to a 1/3 Capital loss. That doesn’t account for the impact of gains that were anticipated to pay for college that were never realized. Clearly, Dollar Cost Averaging over a long period of time has failed.

So maybe it’s time for these plans to start performing under the theory that ‘What Goes Around Comes Around’ or ‘The Last Shall Be First’? Let’s not close our eyes to Mr. Grandich’s comments that the stock market will likely go no place for years.

So what might be a suitable college accumulation program avoiding the inherent volatility in common stocks and bonds? You may want to consider a conservative strategy to at least preserve the savings investment and probably generate some gains, depending upon the child’s age.

In that regard, perhaps 1/2 in Bank Savings accounts and the other 1/2 in Physical Gold – American Eagles. If you want to add a 529 College Savings plan, Vanguard probably has the best products with low cost and a broader range of investment options, available ‘On Line’.

Thanks for your response. I hear you about Nat. gas. I am going to take the plunge and buy HNU today. I just can’t see it going down much more and the upside potential is quite good. It seems like a sure thing, so that means it probably isn’t. From what I can dig up, the seasonality down time is wrapping up and when you factor in the rig count being down for quite some time, that should also catch up. These two things should soon begin to eat away at the current build up in supply, and away we should go. Throw in some storms or a cold winter and we have 200% gains in HNU within 8 to 12 months. Another big thing to remember I think is the manufacturing sector is still hurting and with big factories still shut or operating less, that means less heating or cooling and less demand for Nat. Gas. If we can get some sort of increase in these factories reopening or ramping up again, that would definitely help. Just some thoughts on Nat. Gas. Like I said above I am willing to take the plunge and see what happens. Good luck.

Ryan

Nat gas is the bane of my existence. I don’t know about you, but I have never seen a commodity act so poorly. And yet, I keep trying to play it – dumb, dumb dumb! I know bottom fishing is a loser’s game, but I often cannot resist. So every once in a while I have a discipline breakdown, buy some HNU, and regret it soon after. Perhaps if it hits 0, it will stop going down. Or not…..

We are still expecting some news. It is overdue results that were supposed to be out by the end of Q2. Late results, what else is new. Thanks for any insight.

Ryan

I thought I would move us up to the new thread. Sorry to keep you hopping in this potentially positive change of internals, but could you give me one of your T/A’s of CXX. We are sitting just over the 200 dma and the 50 dma is $.024

‘As for the intermediate term pattern, the left and right shoulders can be seen on the right side of the chart with the reverse head in the middle. Unfortunately, I DO NOT subscribe to these being reverse head and shoulder patterns. They are more legitimately potential double top patterns which I had talked about previously.
Head and shoulder patterns are trend reversal patterns and therefore for a reverse head and shoulder to be present (suggesting an upside break) you would have had to have had a bear market move leading into the pattern. For a normal head and shoulder the lead in trend would have been a bull market trend. In neither of these cases do we have a bear market leading into the formation of the pattern and therefore we DO NOT have a reverse head and shoulder pattern.’