Yeah, I'll probably max out the roth this month and hope to do it before a large upswing occurs.

9/5/2007 10:28:28 AM

Quote :

"What kind of a drop would you consider a third leg?"

enough negative economic data to take the dow a bit below 13k

9/5/2007 10:38:39 AM

We're certainly on our way there...

9/5/2007 11:04:09 AM

Quote :

"so how prevalent is the trend of an upswing at the end of month (for what I assume is profit taking)? seems like every month the market is up for a few days before the ole' 401k contributions go in on the first market day of the new month"

son of a bitch

9/5/2007 8:58:34 PM

Have we hit the third leg yet?

August jobs cut by 4,000, first drop in 4yrs
http://www.reuters.com/article/ousiv/idUSN0636897520070907?src=090707_0903_TOPSTORY_job_losses

9/7/2007 9:53:10 AM

for that i think dow needs to close slightly below 13k

9/7/2007 10:43:46 AM

or for VTI to test the 142-143 area

9/7/2007 11:59:53 AM

anyone know why VMW is up (albeit not much)?

9/7/2007 2:00:39 PM

I must be doing something right because my losses on days like today aren't nearly as bad as I would expect them to be. At least less than the scale of my gains on good days.

9/7/2007 3:35:39 PM

sold GRMN at $105. bought in at $50. nice profit.

9/7/2007 4:22:58 PM

God damn it. I was thinking about selling some stuff for capital yesterday and decided against it. Then today turns out to be the worst day of the year. God, I'm stupid.

[Edited on September 7, 2007 at 5:21 PM. Reason : ]

9/7/2007 5:20:41 PM

it's okay man. it'll go back up.

9/7/2007 6:09:32 PM

sold 147 shares of VMW @ 73.66

watch it hit $80 by tomorrow....

9/10/2007 1:46:40 PM

$75 and climbing.

9/10/2007 2:27:31 PM

go figure.

eh, i'm just going to sit on the cash, and wait until all of this Market FUD clears out.

9/10/2007 2:31:09 PM

i'm trying to game this volatility. i lost some money trying to catch a bottom in CBG.

...as for VMW: sometimes afterhours, stocks temporarily swing wildly on low volume for no real reason. i put in some low ball trades for VMW incase it swings real low.



[Edited on September 10, 2007 at 5:31 PM. Reason : vmw]

9/10/2007 5:27:54 PM

VMW: 81.70

*sigh*

9/11/2007 9:54:07 AM

Quote :

"watch it hit $80 by tomorrow...."

Quote :

"VMW: 81.70 *sigh*"

Got any more revelations? I've got some cash to sink into 'em.

9/11/2007 10:11:15 AM

options on VMW:

- chase it
- wait until it pulls back into the high 70s/below 80
- buy long dated calls
- other

yeah, i'm not sure what to do either

9/11/2007 11:18:11 AM

I'd go with long dated calls.

9/11/2007 11:55:56 AM

I think i'm done with it for the time being.

VMW's like a girl I hooked up with and tossed aside who could have been much more, had I given her a real chance. And now, of course I've missed my chance.

9/11/2007 12:17:41 PM

Probably teased you a bit too.

9/11/2007 12:54:29 PM

what do u think of buying EMC as a cheaper way to profit off of VMW?

9/12/2007 12:45:11 AM

any thoughts on buying Boeing?

[Edited on September 12, 2007 at 1:17 AM. Reason : mostly concerned that it would just be slow and lethargic in its returns]

9/12/2007 1:11:54 AM

also, what about Medtronic (MDT)?

9/12/2007 2:24:35 AM

this is the first time i've missed a new high on BIDU.

need it to come below 220. need to be patient.

9/12/2007 10:04:40 AM

at least i've been raking it in with MDR.

9/12/2007 10:38:45 AM

Is it just me or did Yahoo Finance just get a new design?

9/12/2007 10:48:37 AM

yeah, they have a new design.

i don't like it... longer load time, more resource intensive.

9/12/2007 11:43:45 AM

Don't they have ram at cisco?

9/12/2007 11:54:46 AM

let's just say they should rename our company Ciscosteinbergheimer.

9/12/2007 12:22:13 PM

640k of RAM is good enough for anybody.

9/12/2007 4:17:40 PM

RAMBUS?

9/12/2007 5:14:22 PM

if BIDU runs up to 250 without me being a part of it, i'll be somber.

i think its got to come down a little before it goes there. had 4 up days in some of these tech names.

put in some limit sells on RIMM and CHL -- hope to sell high today get again at slightly lower price.

9/13/2007 11:40:30 AM

There is definately going to be another dip in the market very soon. A lot of stocks are up 20-30% since Aug 16. That is just too quick too soon.

9/13/2007 3:10:07 PM

^ anytime someone says definitely _______ , i shake my head

9/13/2007 5:47:57 PM

that's the thing. none of us has a crystal ball.

i thought this correction would happen in May, so when it didn't i thought we would be due in October. that's why when someone int this thread mentioned a 10% correction in late July, i scoffed at it. low and behold...

its hard to tell what's going to happen. there's a lot of forces at work.

the bull case
- global growth -- at some point there will be divergence between Chinese and Indian markets, and the US.
- deals continuing -- its like the euphoric first night of spring break patrying just ended. there are several more nights of partying, but the expected IRR from deals will be understandably lower.
- real efficiencies and productivity gains from the use of technology and new business processes
- new wealth creation/the wealth effect
- the seemingly indestructible consumer confidence

the bear case
- the backlash of overbought residential real estate market in the US
- the Yen carry trade -- much more impactful than most people realize
- LIBOR rates rising
- Inflation & burdensome energy prices
- the fear that "artificial" liquidity has inflated all asset classes, and it all must come down


i don't know what's going to happen; i can't time all this shit. that's why i have my day job.

9/13/2007 6:14:38 PM

Anyone know the "Annual Exclusion for Gifts" for 2008?
It's $12,000 for 2007, just curious if anyone has a definitive answer for 2008.

9/13/2007 11:34:33 PM

bought Toyota (TM) today at $112.50

not a particularly flashy investment, but a solid company from what i can gather, trading at a P/E in the 12s. relatively close to a 52 week low, and even pays a small dividend.

i figure that, worst case, i'm not likely to lose much/any money in it from here...and if it doesn't perform, i'm not really effectively losing anything in terms of opportunity cost, because i'm sitting on a bit of cash in my brokerage account right now--just because i haven't seen much i wanted to buy lately (and every time i do spot something i want, it seems i just barely miss the opportunity to jump on it).

[Edited on September 14, 2007 at 12:28 AM. Reason : still toying with the idea of Medtronic]

9/14/2007 12:27:39 AM

^ I've been looking at TM as well, noticed that they've dropped off quite a bit from earlier this year.

I think they have a lot of room to grow, and will only continue to gain market share.

I just saw a commercial from Toyota of Durham advertising a lifetime warranty. Certainly there's probably a lot of fine print, but had i been in the market for a new vehicle, I'd be there right now to at least find out the details, and possibly buy a car.

I don't know if that's something that only they're doing, or if it's a nationwide effort, but if it's the latter-- they'll be moving some vehicles.

9/14/2007 10:15:00 AM

i like TM too. i don't know why its come down so low, but i read something a while back in WSJ about how they built too many factories too fast.

9/14/2007 11:33:35 AM

...UNG has become tradeable

9/14/2007 12:13:33 PM

I think theres finally some momentum for the Siri+XM merger.

http://sev.prnewswire.com/radio/20070905/NYW08205092007-1.html

seems like a good time to load up on either...but then again i know next to nothing about investing.

9/14/2007 3:05:49 PM

http://biz.yahoo.com/rb/070913/markets_stocks_emotion.html?.v=2&.pf=retirement

9/17/2007 1:42:57 AM

<insert emotion>
YEAH!! TIME TO GET PUMPED UP!!!
</insert emotion>

9/17/2007 10:30:21 AM

Any thoughts on XOM?

9/17/2007 1:15:03 PM

Oil companies scare me.

9/17/2007 1:26:59 PM

http://www.guardian.co.uk/Iraq/Story/0,,2170660,00.html

9/17/2007 1:39:57 PM

i'm liking UNG going into colder weather. will buy on near term dips.



[Edited on September 17, 2007 at 3:27 PM. Reason : *buy*]

9/17/2007 3:05:06 PM

Are ETF's more of a long term investment? A couple months ago I purchased a few shares of VB... a vanguard small-cap ETF.

I was wondering what is the best long term investment for something that will not be touched for the next 10+ years?

9/17/2007 5:30:37 PM