OK you stock people here is your chance

SlickFazzer · 10-23-08, 04:12 PM

Rage your opinion is well respected.

RageWizard · 10-23-08, 04:22 PM

That's what I like about these gambling forums, you can hang yourself out to either be a freakin genius or a efing aszhole.

jjgold · 10-23-08, 05:10 PM

I think we are no where near a bottom, the technicals of this market are real bad, wait until the unemployment rate blossoms by next spring. I am out of market.

capitalist pig · 10-23-08, 05:30 PM

Motorola is trading pretty close to book value, they have over $3 a share in cash on hand, and the stock is at $5. Plus it pays close to a 4% dividend. I posted last week when I bought 10k shares for a longer term hold. Third quarter earnings Oct 30th, JMO

later

danrman · 10-23-08, 05:47 PM

hey im a trader and while i think your call for a pop tomorrow morning is dead on,, the pain is not nearly over unfortunately..
at the close today i bought dupont at 31.47 and will be unloading it tomorrow on the pop at the open.. i wouldnt be caught dead holding a stock in this envirownment.. take care

purecarnagge · 10-23-08, 06:20 PM

Rage you should check out aegon's balance sheet..its trading at under 5.00 today... very stable company long term.

citigroup has posted 7 quarters of losses... with no end in site... should definately avoid citigroup

wellsfargo is also done very well for itself here...

RageWizard · 10-24-08, 07:20 AM

OK the Asians put a little kink in my rally plans this morning. Actually it is even a better oppurtunity for you except now you have to wait a few hours. It is total panic on the futures markets this morning, as a matter of fact the markets have been halted until the open. So at the open do nothing and don't even look at the market for at least an half hour. Then put up the daily IWM chart with 15 minute refresh and look at the seeling volume. When the selling volume diminishes that is when the rally will start. I of course will not be able to post during the day today to let you know when on this site due to work filters, but I will post the move on AIC. Now don't think that you can hold these stocks for years, this is just a couple of weeks and then get out. Oh and as always remember to place a stop loss with every purchase.

wtf · 10-24-08, 07:29 AM

i am with you, when this market rallies, it will be with such ferocity panic BUYING will ensue. these are good companies that will not disappoint!

Fishhead · 10-24-08, 07:31 AM

Originally posted by RageWizard

OK the Asians put a little kink in my rally plans this morning. Actually it is even a better oppurtunity for you except now you have to wait a few hours. It is total panic on the futures markets this morning, as a matter of fact the markets have been halted until the open. So at the open do nothing and don't even look at the market for at least an half hour. Then put up the daily IWM chart with 15 minute refresh and look at the seeling volume. When the selling volume diminishes that is when the rally will start. I of course will not be able to post during the day today to let you know when on this site due to work filters, but I will post the move on AIC. Now don't think that you can hold these stocks for years, this is just a couple of weeks and then get out. Oh and as always remember to place a stop loss with every purchase.

If one bought at the close of yesterday, a 5% stop loss may not save you on some stocks..........

THE DOW FUTURES ARE LOCKED LIMIT DOWN..........I CAN'T REMEMBER EVER SEEING THIS

Many stocks will open over 5% down from their close of yesterday................

Fishhead · 10-24-08, 07:32 AM

Originally posted by RageWizard

OK the Asians put a little kink in my rally plans this morning. Actually it is even a better oppurtunity for you except now you have to wait a few hours. It is total panic on the futures markets this morning, as a matter of fact the markets have been halted until the open. So at the open do nothing and don't even look at the market for at least an half hour. Then put up the daily IWM chart with 15 minute refresh and look at the seeling volume. When the selling volume diminishes that is when the rally will start. I of course will not be able to post during the day today to let you know when on this site due to work filters, but I will post the move on AIC. Now don't think that you can hold these stocks for years, this is just a couple of weeks and then get out. Oh and as always remember to place a stop loss with every purchase.

If one bought at the close of yesterday, a 5% stop loss may not save you on some stocks..........

THE DOW FUTURES ARE LOCKED LIMIT DOWN..........I CAN'T REMEMBER EVER SEEING THIS

Many stocks will open over 5% down from their close of yesterday, which means a 5% stop loss will be shot right through................

wtf · 10-24-08, 07:35 AM

are these companies going to zero? no, is the dow going to zero, no. during depression did they go to zero, no. there is a bottom. great firms with global presence.

Fishhead · 10-24-08, 07:51 AM

Originally posted by wtf

are these companies going to zero? no, is the dow going to zero, no. during depression did they go to zero, no. there is a bottom. great firms with global presence.

Thats all fine and dandy.........but that doesn't prevent a trader from losing 5%+ in less than 24 hours, and that's what were dealing with here.

Fishhead · 10-24-08, 08:09 AM

Originally posted by RageWizard

Here is a list of stocks that I have already bought today at around 3:15.

Diamonds (DIA)
S&P depository receipts (SPY)
Spider Financial (XLF)
Powershares QQQ trust (QQQQ)
Goldman Sachs (GS)
Apple (AAPL)
McDonald's (MCD)
Market Vectors gold Miners (GDX)

Of course I could be wrong, so ALWAYS put in a stop loss, I recommend a stop loss of 5%

Yesterdays close to todays pre-market LOCKED LIMIT down market..........

Diamonds (DIA) -8.54%
S&P depository receipts (SPY) -8.62%
Spider Financial (XLF) -9.60%
Powershares QQQ trust (QQQQ) -6.92%
Goldman Sachs (GS) -14.40%
Apple (AAPL) -8.04%
McDonald's (MCD) -6.35%
Market Vectors gold Miners (GDX) -7.50%

Damn man, you just got destroyed...........

jjgold · 10-24-08, 08:11 AM

No one should be trading stocks, we are in the most devasting times since the depression.

Fishhead was on the verge of suicide but got out just in time and now rager could be jumping off a bridge this weekend.

Chi_archie · 10-24-08, 08:11 AM

youch

Fishhead · 10-24-08, 08:16 AM

Originally posted by jjgold

No one should be trading stocks, we are in the most devasting times since the depression.

Fishhead was on the verge of suicide but got out just in time and now rager could be jumping off a bridge this weekend.

This thread is 10x more incredible than my thread detailing my JNJ trade of a couple weeks ago.

Predicting a pop in the market at the open of a couple hundred points and then waking up to a LOCKED LIMIT down premarket is just devastating.

I've never seen anything like this.........this trully is an incredible thread.

I THINK I WILL BE BUYING TODAY ON THE DIPS.........

Chi_archie · 10-24-08, 08:26 AM

I feel bad for Rage, he made the effort to post about what at the time he believed to be a good opportunity for other people. Looks like he did catch the overnight market drops overseas, so hopefully he didn't already have his orders in or whatever....

but rage is still predicting a big rally, later in the day?

"So at the open do nothing and don't even look at the market for at least an half hour. Then put up the daily IWM chart with 15 minute refresh and look at the seeling volume. When the selling volume diminishes that is when the rally will start."

Isn't there a way way way bigger probability that everyone goes into panic mode, and sells, sells, sells..and we find new bottoms today? with maybe a small rebound after 3.. as in cutting our losses by 100-200... from 7,600 to 7,800??

Fishhead · 10-24-08, 08:32 AM

We can't touch this market over 8,000........lets wait for it to go under that figure.

As far as rage, he bought 8 stocks at 3:10 yesterday with a 5% stop loss..........dead with those.

Fishhead · 10-24-08, 08:33 AM

Originally posted by Fishhead

We can't touch this market over 8,000........lets wait for it to go under that figure.

As far as rage, he bought 8 stocks at 3:10 yesterday with a 5% stop loss..........dead with those.

RIGHT NOW, WE ARE STILL 500+ POINTS ABOVE THE MONTHLY LOWS...................THINK ABOUT THIS!

wtf · 10-24-08, 08:39 AM

if your betting on shares moving +-5% you might as well go to the track or casino. I am talking about buying the shares, owning them, and holding them

Fishhead · 10-24-08, 08:46 AM

Originally posted by wtf

if your betting on shares moving +-5% you might as well go to the track or casino. I am talking about buying the shares, owning them, and holding them

EXACTLY

5% stop losses in this market is not going to work.......as was evidenced.

My play is once again to dollar cost average into a few stocks..........but not with the market over 8000...........if I dont get in, so be it.

However, I would be really surprised if we dont hit 7740 and below.

RageWizard · 10-24-08, 04:43 PM

Fishhead is right, I got killed this morning, with all 8 stocks. then when the market was down 450 this morning I bought all 8 back. The capitulation never came during the day and the market stayed above 8000, which is a big support level now that we have visited that level 4 times and have failed to close below it. As for getting killed today, that's how it goes, and usually a stop loss will save you from total ruin. Today the stocks opened as low as they got all day so it didn't help at all, but that is rare. Luckily for me, I am up huge already this year, and I step into these things in 3rds, so the loss as a whole isn't that bad. The thing that worries me is the selloff today within the last 5 minutes of the close. The dow lost about 200 in the last 5 minutes. This is a bad sign and usually is a foretelling of the next day. Luckily there is a entire weekend to sort the markets out. There will be a very violent rally coming soon, and it was all lined up for today, but then Asian markets flipped out and everyother market got spooked.

RageWizard · 10-24-08, 04:45 PM

Originally posted by Fishhead

EXACTLY

5% stop losses in this market is not going to work.......as was evidenced.

My play is once again to dollar cost average into a few stocks..........but not with the market over 8000...........if I dont get in, so be it.

However, I would be really surprised if we dont hit 7740 and below.

Yeah I think were going to hit 7200 eventually, but I think it will be just like the great depression, we will have a big run off of 8000 up to the 50 day moving average, then a big run down to 7200. I plan on catching the move both ways.

gerry · 10-25-08, 01:48 PM

Originally posted by RageWizard

Yeah I think were going to hit 7200 eventually, but I think it will be just like the great depression, we will have a big run off of 8000 up to the 50 day moving average, then a big run down to 7200. I plan on catching the move both ways.

Didn't that rally already happen 2 weeks ago? Will there be another bigger rally?

jjgold · 10-25-08, 02:01 PM

Rager knows what he is doing so we have to see how it plays out. I would not be in market though.

RageWizard · 10-30-08, 05:09 PM

Ok people last week at this time I told you that a rally was coming in the market, and I touted 11 stocks right here. Well I thought that I would give you an update on those stocks.

NAME------------Open 10/24----------Close 10/30-----%
DIA--------------$79.97--------------$92.50---------15.67
SPY--------------$84.87--------------$96.30---------13.47
XLF--------------$13.17--------------$14.81---------12.45
QQQQ------------$28.12--------------$32.84---------16.78
GS---------------$96.62--------------$91.11-----------5.70
AAPL-------------$90.28--------------$111.04-------22.99
MCD--------------$52.00--------------$57.87--------11.28
GDX--------------$15.84--------------$21.70---------36.99
MS---------------$15.57--------------$16.09---------3.33
BA----------------$42.97--------------$50.70---------17.99
C-----------------$11.99--------------$13.11----------9.34

Now Goldman will sack you lost money and Morgan Stanley would have qualified for my stop loss, but all the others are doing nicely. I think that there still is quite some upside to go, although the financials really haven't been participating yet and we are coming to a resistance level at 9500. If the financials can manage to follow along here for the next couple of days, the market could break through the 9500 level and start heading for the 10500 level before it all comes crashing down again. However, it has already moved over 10%, and if it fails here, rest assured I will catch it and get some of the 10-15% decline that is sure to follow.

purecarnagge · 10-30-08, 05:41 PM

Rage I know your good at short term stuff, but John Deere Long term stock has to be one of the better ones out there...

I still also like Aegon, but they had an announcement of 3billion euros from the dutch that brought concerns and then had a nice rebound aftewards, but nothing for significant movement.

I still like Aegon at under 4.00 to easily double its value......

RageWizard · 10-30-08, 05:55 PM

It's not that I don't like doing long term stuff, it is just that I'm not good at it. When I see a stock fluctuate, I either go with the immediate trend or short that trend. I guess I need the daily action. It is just like gambling, but you can do it at work and peole don't look at you wierd.

purecarnagge · 10-30-08, 06:50 PM

hmm, well thats still good..... i like John Deere, long term contracts for next 3 years...it will come back.

I'm not good on the day to day week to week stuff...

InTheHole · 11-20-08, 05:11 PM

Originally posted by RageWizard

Ok people last week at this time I told you that a rally was coming in the market, and I touted 11 stocks right here. Well I thought that I would give you an update on those stocks.

NAME------------Open 10/24----------Close 10/30-----%
DIA--------------$79.97--------------$92.50---------15.67
SPY--------------$84.87--------------$96.30---------13.47
XLF--------------$13.17--------------$14.81---------12.45
QQQQ------------$28.12--------------$32.84---------16.78
GS---------------$96.62--------------$91.11-----------5.70
AAPL-------------$90.28--------------$111.04-------22.99
MCD--------------$52.00--------------$57.87--------11.28
GDX--------------$15.84--------------$21.70---------36.99
MS---------------$15.57--------------$16.09---------3.33
BA----------------$42.97--------------$50.70---------17.99
C-----------------$11.99--------------$13.11----------9.34

Now Goldman will sack you lost money and Morgan Stanley would have qualified for my stop loss, but all the others are doing nicely. I think that there still is quite some upside to go, although the financials really haven't been participating yet and we are coming to a resistance level at 9500. If the financials can manage to follow along here for the next couple of days, the market could break through the 9500 level and start heading for the 10500 level before it all comes crashing down again. However, it has already moved over 10%, and if it fails here, rest assured I will catch it and get some of the 10-15% decline that is sure to follow.

NAME------------Open 10/24----------Close 11/20-----%
DIA--------------$79.97--------------$76.06---------LOSS
SPY--------------$84.87--------------$75.45---------Burried
XLF--------------$13.17--------------$9.39---------Burried
QQQQ------------$28.12--------------$25.56---------LOSS
GS---------------$96.62--------------$52.00----------FVcked
AAPL-------------$90.28--------------$80.40-------Burried
MCD--------------$52.00--------------$52.01--------EVEN
GDX--------------$15.84--------------$18.20---------LOSS
MS---------------$15.57--------------$9.20---------LOSS
BA----------------$42.97--------------$37.11---------LOSS
C-----------------$11.99--------------$4.71----------JUMP out the window

Moral of the story: Don't "Invest"...at least for now

Dark Horse · 11-20-08, 05:18 PM

If you can't throw emotion out of the window you can't be in this market. Panic, let alone widespread panic, is never a reliable indicator. Remember that most people are like sheep. The herd is not happy. In my opinion the time to buy is December 1st. You should be good for at least a week.

This is a market for assassins.

Brock Landers · 11-20-08, 05:24 PM

Take a look at S, Sprint...these guys are at all time lows now at 1.37 a share, can EASILY and should move back to at least 4 bux a share and even 9 bux in the not to distant future!

pavyracer · 11-20-08, 05:51 PM

I loaded the portfolio again today. Sit back and let it grow till next fall. Easy money all over the place these days.

Boner_18 · 11-20-08, 05:57 PM

Get paid 10% yield to have the upside of a great american company GE. Sure they have a financial arm that owns some troubled assets but they have a decent amount of cash on the sheet and unless you think they are going bankrupt you get paid to wait.

Conoco Phillips is another high yielder with plenty of cash and low P/E. I know oil is going to rebound sometime in the future and I want to ride a stock up when it does. Might as well get paid to wait by holding Conoco Phillips.

Some of these yields are ridiculous. Just make sure to check the balance sheet for toxic debt or cash flow shortages that could result in dividend cuts.