it goes to show nobody knows shit
Could be brutal day in markets
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jjgoldSBR Aristocracy
- 07-20-05
- 388189
#141Comment -
stevenashModerator
- 01-17-11
- 65228
#143Bad 3rd quarters ususally traslates into huge fourth quarters.
Now Friday's (tomorrow) are usually profit taking days, so expect volume and a down day, before the closing bell, would be a good time to get in, if you want in, I'm expecting a nice rebound the next two months.
p.s. Sprint is making a move upward after horrible returns latelty, that's a nice $4.60 stock, however they announced layoffs today.Comment -
muldoonSBR MVP
- 01-04-10
- 4397
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The KrakenBARRELED IN @ SBR!
- 12-25-11
- 28917
#145Nice bump Muldoon
Lots of fools exposed in this thread
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jjgoldSBR Aristocracy
- 07-20-05
- 388189
#146all random
invest daily, weekly or monthly you get destroyedComment -
opie1988SBR Posting Legend
- 09-12-10
- 23429
#147All the doom & gloomers wrong yet again.
Dumbfukk city up in this bitch.Comment -
The KrakenBARRELED IN @ SBR!
- 12-25-11
- 28917
#149Gaucho the DJIA is up 0.2% today, feel free to open the door to your bunker and get a breath or two of fresh air, but the stock market has a long history of ups and downs, so don't winterize it just yet
Sour et al will let you know the right time hunker doen in your fraidy holeComment -
gauchojakeBARRELED IN @ SBR!
- 09-17-10
- 34103
#150Gaucho the DJIA is up 0.2% today, feel free to open the door to your bunker and get a breath or two of fresh air, but the stock market has a long history of ups and downs, so don't winterize it just yet
Sour et al will let you know the right time hunker doen in your fraidy holeComment -
The KrakenBARRELED IN @ SBR!
- 12-25-11
- 28917
#151A certain faction is suddenly silent and predictably absent in this threadComment -
brooks85SBR Aristocracy
- 01-05-09
- 44709
#152the power of Oprah, joins Weight Watchers as 10% owner and board seat... stock doublesComment -
The KrakenBARRELED IN @ SBR!
- 12-25-11
- 28917
#153Anyone heard how the market is doing lately?
I think this thread is the reason sourtwist leftComment -
grease lightninSBR Posting Legend
- 10-01-12
- 16015
#154The reason the markets have shrugged the brexit off is because all of the things the leave campaigners thought they would get by leaving will not happen even if they do leave.
If it happens, it will be largely symbolic.Comment -
chico2663BARRELED IN @ SBR!
- 09-02-10
- 36915
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chico2663BARRELED IN @ SBR!
- 09-02-10
- 36915
#156Just an example. Not saying this pertains to you or anyone else.
Say you have Stock A that was at 100 last week, and it drops to 60 this week. Everyone gets all excited, and says "wow, Stock A is 40% cheaper that it was last week!! Buy it!" And mathematically they are correct of course, but that doesn't mean Stock A is "cheap". Big mistake assuming that. Lots of things go into a stock being over or under-valued, far more than what most people just look at.
Then it drops to 50, then 40, then all the way to 20.
Problem is, you bought it at 60. Now your sure thing needs to go up by 300% for you to break even. Stock A had to close a bunch of stores and reposition its finances on a much smaller scale. Chances of you breaking even now are nil.
You may have gotten a couple right, but it just takes one of these to undo all of it.
The market loves it when the public think they're smarter than them and reacts accordingly. Freakin loves it.Comment -
thellamaSBR Wise Guy
- 11-27-15
- 899
#158And not if they're in a retirement account. And really.. it's not taxed anymore than my income taxes which is 28% anyway. Hit the brexit scare just right and unloaded everything I had on day 2 of the drop, was hoping it wouldn't be a 3 day downswing. It wasnt... brexit scare was stupid, just dumbasses selling for no reason and the smart ones buying up the good shit for when it bounces back... which it already has and then some.Comment -
Ralphie HalvesSBR MVP
- 12-13-09
- 4507
#159I have know-it-all friends that rode the Twitter train all the way down to 15, and still think it's going back to 60. They never sold. They even did "dollar cost averaging" to where they bought more on the way down, which if you were to do that crap with any prop firm in America, you'd be fired on the spot, because firms realize how foolish it is.Comment -
Muller RoseSBR High Roller
- 06-01-16
- 219
#160Shit happens. Things will get better.Comment -
d2betsBARRELED IN @ SBR!
- 08-10-05
- 39990
#161I have know-it-all friends that rode the Twitter train all the way down to 15, and still think it's going back to 60. They never sold. They even did "dollar cost averaging" to where they bought more on the way down, which if you were to do that crap with any prop firm in America, you'd be fired on the spot, because firms realize how foolish it is.Comment -
jjgoldSBR Aristocracy
- 07-20-05
- 388189
#162I do not like Twitter
It has nothing..take away the celebs and sports it has no use for general public
Average person can care less what they say anymore because most is not from them but from publicist
It is only good for self promotion businessComment -
BostongamblerBARRELED IN @ SBR!
- 02-01-08
- 35581
#163I find Twitter very useful. I get more info ( not to mention first) from it.Comment -
chico2663BARRELED IN @ SBR!
- 09-02-10
- 36915
#164Yes my mom still has 300 shares but in her defense. She still has 200 shares of face book.My aunt had 1000 shares but when in went down back in the day she sold quickly. She is married to a structural engineer who has spent the last 6 years being an out cast in Malaysia so she is just happy to be home. But could you imagine if you short valeant pharm. after shkreli started that shit.Last edited by chico2663; 07-13-16, 09:14 AM.Comment -
Ralphie HalvesSBR MVP
- 12-13-09
- 4507
#165
For everyone's sake, I hope it goes to the moon. I'm just saying it's a lot harder road than some guy sitting back and saying "It's a $60 stock, it will be fine".Comment
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