bous All American 11215 Posts user info edit post |
V below 78 now. 7/3/2008 11:10:03 AM |
Doss2k All American 18474 Posts user info edit post |
Reasons to hate the market, stocks that bounce off your stop price yet never go under 7/3/2008 11:22:45 AM |
ScHpEnXeL Suspended 32613 Posts user info edit post |
hehe
think apple is low enough to be a buy yet? 7/3/2008 4:17:23 PM |
Gamecat All American 17913 Posts user info edit post |
I EAT YOUR PICNIC BASKET
7/3/2008 8:35:34 PM |
Doss2k All American 18474 Posts user info edit post |
Well today started off looking like a recovery day, now not so much as things begin to head back into the red 7/7/2008 12:37:55 PM |
bous All American 11215 Posts user info edit post |
financials are getting killed 7/7/2008 12:46:29 PM |
CharlesHF All American 5543 Posts user info edit post |
I'm dying over here. 7/7/2008 1:30:37 PM |
FIVE O All American 1525 Posts user info edit post |
only one of my options isn't in the red today. 7/7/2008 1:55:18 PM |
lafta All American 14880 Posts user info edit post |
hhaa, i called it on yahoo and made 24,000 dollars to bad its fake money 7/7/2008 2:03:16 PM |
MattJM321 All American 4003 Posts user info edit post |
So GM is <10 for the first time since 1954. 7/7/2008 2:25:24 PM |
ScHpEnXeL Suspended 32613 Posts user info edit post |
buy? 7/7/2008 2:27:14 PM |
MattJM321 All American 4003 Posts user info edit post |
I'm considering 7/7/2008 2:38:14 PM |
Doss2k All American 18474 Posts user info edit post |
It would be hard to convince me to buy anything right now let alone GM until this downward spiral has ended 7/7/2008 3:02:45 PM |
bous All American 11215 Posts user info edit post |
GETG 7/7/2008 3:06:40 PM |
Mr. Joshua Swimfanfan 43948 Posts user info edit post |
WTF market? 7/7/2008 3:40:23 PM |
David0603 All American 12764 Posts user info edit post |
7/7/2008 3:41:33 PM |
Mr. Joshua Swimfanfan 43948 Posts user info edit post |
Holy shit. I sold all of my PCLN at $30 about 2 years ago.
I just noticed that it topped $140 last month. 7/7/2008 3:45:31 PM |
Doss2k All American 18474 Posts user info edit post |
OUch.. gotta hate that 7/7/2008 3:56:10 PM |
pmcassel All American 1553 Posts user info edit post |
whats your reasoning behind buying GM now? just curious...is it solely because it is beaten up? or do you think they have a strategic advantage?
risk reward ratio seems to be skewed away from reward 7/7/2008 4:52:05 PM |
MattJM321 All American 4003 Posts user info edit post |
Well...they will be shutting down more plants, laying off more people and prob selling a few brands. I just can't think that it will drop much more, could be way wrong of course. 7/7/2008 4:58:10 PM |
statehockey8 All American 947 Posts user info edit post |
beginning to despise popular media and their fear mongering, short-sighted reporting 7/8/2008 6:32:49 AM |
MattJM321 All American 4003 Posts user info edit post |
Never really hear about a decent day. 7/8/2008 7:59:49 AM |
Doss2k All American 18474 Posts user info edit post |
Seems like it has been a while, crossing my fingers that maybe today is that day lol
Eh nvm I already see futures are trading lower so already planning on seeing red again, fuck this shit!
[Edited on July 8, 2008 at 8:11 AM. Reason : .] 7/8/2008 8:09:31 AM |
bous All American 11215 Posts user info edit post |
what's been going on with V lately? 7/8/2008 9:17:23 AM |
Doss2k All American 18474 Posts user info edit post |
It's been getting beat up with just about everything else? 7/8/2008 9:20:43 AM |
slamjamason All American 1833 Posts user info edit post |
Indymac is wrapping up its implosion today.
No longer "well capitalized", forced to exit the mortgage business, laying off half their employees, has been unable to raise any funds.
Stock is down 40% today to $0.39 (from a high last year of $31)
WB, FTBC, and KEY are all probably looking in the mirror right now. 7/8/2008 10:03:15 AM |
bous All American 11215 Posts user info edit post |
HK sure has gotten crushed 7/8/2008 10:04:24 AM |
FIVE O All American 1525 Posts user info edit post |
yeh, HK and HK options have killed me the past two days. 7/8/2008 10:08:06 AM |
Doss2k All American 18474 Posts user info edit post |
Ever felt like just selling everything you have just so that the bleeding will stop? Yeah I feel that way today 7/8/2008 10:11:13 AM |
bous All American 11215 Posts user info edit post |
i did that a while back. put in an order for V yesterday and cancelled it. woke up this a.m. and the bloody order went through! i'm so mad. 7/8/2008 10:29:23 AM |
Doss2k All American 18474 Posts user info edit post |
Pretty much the past week has turned all my holdings into longs now unless I want to take huge losses and try to find better buying opportunities 7/8/2008 10:31:03 AM |
bous All American 11215 Posts user info edit post |
HOLY CRAP
VMW down 28% 7/8/2008 10:34:58 AM |
TroleTacks Suspended 1004 Posts user info edit post |
Are you surprised? 7/8/2008 10:43:50 AM |
ssjamind All American 30102 Posts user info edit post |
i am 7/8/2008 11:42:59 AM |
David0603 All American 12764 Posts user info edit post |
likewise 7/8/2008 11:47:13 AM |
Doss2k All American 18474 Posts user info edit post |
Weakened outlook on earnings, CEO resigning, the general fail of the market right now anyways, seems logical to me 7/8/2008 1:56:05 PM |
Doss2k All American 18474 Posts user info edit post |
Seems things are trying to rally a bit here this afternoon, I may somehow find my way back to even for the day. 7/8/2008 2:49:49 PM |
TroleTacks Suspended 1004 Posts user info edit post |
For one, did it really make sense that virtualization software was ready for prime time, at least to the level VMW was being valued at? I also remember reading on ars (or somewhere) about some other big time player bringing their virtualization software to market (was it MS? having a hard time finding the report now), and I remember thinking VMW wasn't going to be a darling for too much longer. 7/8/2008 3:00:11 PM |
ncsuallday Sink the Flagship 9818 Posts user info edit post |
I think that Tyson foods is a good stock to buy right now, as is Coca-Cola
COKE is on a 5 year low, and face it; nobody is going to quit drinking coke so its bound to rebound
and Tyson is a good buy right now because it's in the low and has consistently for the last 5 years almost doubled in september when grocery stores start stocking for Thanksgiving 7/8/2008 3:05:29 PM |
David0603 All American 12764 Posts user info edit post |
http://articles.moneycentral.msn.com/Investing/JubaksJournal/WhyPepsiCanReboundButGMCant.aspx 7/8/2008 3:12:00 PM |
kwsmith2 All American 2696 Posts user info edit post |
Quote : | "COKE is on a 5 year low, and face it; nobody is going to quit drinking coke so its bound to rebound" |
This logic depends on coke being fairly valued in the first place.
Suppose Coke was surging to new heights, would you automatically think that with as much market penetration as they already have, a surge would have to be followed by a crash?7/8/2008 4:24:06 PM |
bous All American 11215 Posts user info edit post |
anyone think CSCO is a good buy now at $22? 7/9/2008 10:45:19 AM |
Doss2k All American 18474 Posts user info edit post |
Eh I was happy when I got out at 27 for a small gain, energy stocks appear to be rebounding today again, good for me but still a long ways to go before Ill be happy. 7/9/2008 11:12:21 AM |
ssjamind All American 30102 Posts user info edit post |
these days, you're either long crude or long the broader market
fyi
http://www.pickensplan.com/ 7/9/2008 3:24:21 PM |
Doss2k All American 18474 Posts user info edit post |
If you wanna short wind keep an eye on BWEN it tends to make 1-2 dollars swings in a single day. 7/9/2008 3:52:37 PM |
slamjamason All American 1833 Posts user info edit post |
FRE down 70% in 3 weeks. FNM down 50% in 3 weeks. This is going to have some repercussions. 7/10/2008 10:13:32 AM |
NCSUMEB All American 2530 Posts user info edit post |
Quote : | "anyone think CSCO is a good buy now at $22?" |
Cisco is a great buy, but it can go lower, but it has given back 20%, so yea it's a good buy right now. You're not going ot make any money overnight, but I think it's a great investment. I think someone on here works at Cisco. The thing is that whenever John Chambers speaks, he usually paints a gloom and doom picture of the economy and his sales, which is exactly what happened yesterday. Last time he did it, it did the same thing, and shot up over 27 over the next couple of months.
^ if anyone has been investinf in Freddie or Fannie over the last few months, you may have a deathwish.
[Edited on July 10, 2008 at 10:50 AM. Reason : FRE]7/10/2008 10:49:41 AM |
ssjamind All American 30102 Posts user info edit post |
I don't think Chambers is all doom and gloom. He's just being honest. He said recently that things aren't as bad as the market thinks.
The thing is, he's been talking about stepping down and having the CEO position run by commitee. That's kind of scary. I would not pile into CSCO without doing more research. 7/10/2008 10:54:39 AM |
Doss2k All American 18474 Posts user info edit post |
Today is feeling a lot like yesterday, nice good solid run in the morning, then after about 11 or 12 a nice slow steady decline giving all the gains back and end up down for the day. Hoping this last 45 min can hold onto a little green at least. 7/10/2008 3:14:12 PM |
Mr. Joshua Swimfanfan 43948 Posts user info edit post |
HD is at a 52 week low. I might grab a few shares. 7/10/2008 3:41:17 PM |