Goog still a good buy and so is MA. AMZN is not doing much. YHOO at 11.40 looks nice. It was actually up .01 yesterday mid day.
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There will definitely be some more downside.
But if you think a certain stock is a good long term buy, then go for it, and just add to the position if it drops first.
If you think something is a buy, and fundamentals havent changed, then price drop is just great opportunity.
DONT LEVERAGE. DONT TRADE MUCH ON MARGIN RIGHT NOW.
You could get pushe dout fo a good long term position if you margin too much right now, and it coudl snowball on you.Comment -
I went in for 1000 shares of Ford Motor Company today (F)....charted it between $10 and 18.50...gonna ride it up...hopefully!
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Yahoo! Inc.
(NasdaqGS: YHOO )
Real Time 11.79 Up 0.70 (6.31%) 11:57AM EDT
Nice move. This is not a goog or amzn but its not priced the same either. At Yhoo's valuation it deserves a look here. It will not be an AOL because it is a portal. Plus, as we saw when msft tried to buy them, they would fit nicely in with someone especially at the current valuation.Comment -
Just sold at $7.00, I see no reason holding onto anything with the Fed going to make a statement in less than an hour. Usually the markets tank when these guys open their mouths, of course with me selling now, it will probably keep going up .Still a nice $3000 profit in less than 24 hours, good luck to the rest of you.
laterComment -
im in mo , i like 6% coin a year returnComment -
Walker u rolled the dice today and ur numbers came up...Well done
Bernanke's words has calmed things for now...Looking forward to buying some foreign owned Aussie company shares later today myself...Lets make that cash
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YHOO 12.09 +0.99 +8.97% Yahoo! Inc.Chart for Yahoo! Inc.
BAC 7.60 +1.09 +16.74% BkofAma Corporation ComChart for BkofAma Corporation Com
MA 322.81 +30.85 +10.57% ********** Incorporated Common Chart for ********** Incorporated Common
SPY 117.48 +5.22 +4.65% SPDR S&P 500Chart for SPDR S&P 500
AMZN 205.09 +11.39 +5.88% Amazon.com, Inc.Chart for Amazon.com, Inc.
GOOG 573.41 +27.39 +5.02% Google Inc.Chart for Google Inc.
A couple of the stocks I bought dropped over 10 points after I bought them. Its been quite a ride. And quite a sale. MA was up 30. Even YHOO and BAC added 10%+ for the day. Sale seem to be over for now.Comment -
Now cash out you fukks!
Sell sell sell!Comment -
Nice job men, glad no one had to jump off their building.Comment -
Good luck acoochy!
Will take my money out!Comment -
Actually I do not ridicule traders. I am indeed one myself. But I'm also a long term investor. As far as YHOO goes I like its valuation and I liked the fact it was up .01 midday yesterday when the other 499 stocks in the SnP 500 were down. Technically speaking I thought that was very interesting.
For real investors I mentioned these are great times to pick up some great companies at a discounted price. I consider an "investment" to be held at least 18 months(for tax purposes) and anything under that is a trade.
By the way, the "old and out dated buy and hold" has made many common people millionaires. Its easy to do and out performs every other strategy and investment over the long term. Best way to do it is pretend you will sell everything when you reach 55. If you are 25 then you are planning on holding everything you buy this year for 30 years. You dont buy trades you buy great companies like a MA or a GOOG. Next year you buy something else. On your 55th birthday you sell them all for gazillions of dollars and live off the interest.
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Walker crushed them todayComment -
Don't trust the market
why put your trust in these fukks running these companies and the economy.
Nevermind...we are gamblersComment -
Damn straight, Johnny!Actually I do not ridicule traders. I am indeed one myself. But I'm also a long term investor. As far as YHOO goes I like its valuation and I liked the fact it was up .01 midday yesterday when the other 499 stocks in the SnP 500 were down. Technically speaking I thought that was very interesting.
For real investors I mentioned these are great times to pick up some great companies at a discounted price. I consider an "investment" to be held at least 18 months(for tax purposes) and anything under that is a trade.
By the way, the "old and out dated buy and hold" has made many common people millionaires. Its easy to do and out performs every other strategy and investment over the long term. Best way to do it is pretend you will sell everything when you reach 55. If you are 25 then you are planning on holding everything you buy this year for 30 years. You dont buy trades you buy great companies like a MA or a GOOG. Next year you buy something else. On your 55th birthday you sell them all for gazillions of dollars and live off the interest.
"Old, outdated buy & hold".....please.
If making money long-term ever becomes outdated and out of style than please let me know.
It's funny how most of these brilliant day traders cashing in big on the stock market are some of the same guys worrying about getting "limited" at the books and always bitching how their "payouts" aren't timely??
Wish I could make easy money like theses sharps. Still have to make my living the old fashioned way....
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You can pal
just live under your means
simple formula but greed will take over these fukksComment -
Now that governments are no longer able to pump artificial stimulus into the economy the traditional 'buy and hold' mentality is something im definitely going to be looking more into...Although anyone that thinks that the next 24 months arent gonna have more bad days than (in the US markets at least) good really needs to rethink their approach as alot of negatively geared news re employment, housing etc is gonna take its toll, no doubt....
PS thanx tony and GL Pal..
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Hope someone listened here..Market went up 2% on opening...Bought in at 10:01am local and sold out at 10:05am local....Up 36% through call options in 4 minutes
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Would like to see what will happen now that there is no more federal money to be pumped into the economy. Just because the shorts covered their positions late this afternoon it doesn't mean they won't get out of the woods the rest of the week.Comment -
Dow down 366 tomorrowComment -
why don't you guys just stick with gold and silver?
over the last 10 years you have been getting your asses handed to you in the market, with occasional "rallies" that aren't really rallies since the dollar continues its death spiral.
GOLD IS REAL MONEY
SILVER IS REAL MONEY
EVERY PAPER CURRENCY IN THE HISTORY OF THE WORLD HAS BECOME WORTHLESS, USUALLY AFTER THE PRINTING PRESSES GO CRAZY (SOUND FAMILIAR?)
why place your bet on something that has been proven wrong 100% of the time, thousands of times, instead of something that has been proven right 100% of the time, thousands of times?
instead you waste your time looking at the market, waste your money on commissions/fees/etc, and still don't make any real wealth.
gold at 1700-1800/oz is still cheap compared to paper that isn't backed by anything except the words of a bunch of habitual liars and con men.Comment
