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Stock-Age: Stocks, Options and Dividends oh my!
- Thread starter koam
- Start date
Bam Bam Baklava
Member
These swings are insane.
spiderman123
Member
Holy shit the TSX just fucking plummeted. HAHAHAHAHAH
TheRagnCajun
Member
...along with everything else. So much for being up 1% today, looks like we'll be in the red.
_/¯spiderman123
Member
zero_suit said:
How scared are investors. Seriously, I can't even comprehend what most ppl expectation are.
LyleLanley
Banned
If it ends like this I'll actually have a pretty good day and make up about three quarters of what I lost yesterday.
jamesinclair
Banned
nitewulf said:
Theres nothing solid backing it up.
Its a fear shelter. Everyone who sold their stocks ran to gold.
Guess what, as soon as they are comfortable in stocks again, theyre going to drop gold. And when gold starts to fall, there will be fear selling. It will plummet.
Unlike oil, gold isnt backed by a hard metric like "consumption", its purely based off emotions.
There is no reason gold today should cost more than gold did in 2000 (plus inflation). Its not like you can do more with gold today than you could 10 years ago.
TrojanBlade
Member
I don't understand these wild swings one way or the other. Whenever some good or bad news happens why is there a mass dumping or buying? Why not wait to see the long term effects of the news and slowly reach to the actual level instead of -400 or +500 jumps in one session.
I just think the stock market is manipulated by some very cunning big time investors to swing the market for their own good whenever they want to make the money.
I have never actively participated in stock trading but just trying to make sense of this non-sense.
I just think the stock market is manipulated by some very cunning big time investors to swing the market for their own good whenever they want to make the money.
I have never actively participated in stock trading but just trying to make sense of this non-sense.
Biff
Member
No one understands it - it's irrational fear.. Which is why no amateur investors should be trying to time this market.TrojanBlade said:
It's going to be like this for the next week. After that we then begin a steady decline or incline. Once the volatility settles, then you can begin to make an educated decision.
You'll see posts here and on twitter, facebook, etc. of people saying "LOL just made $20k sold XYZ 1 day brb porsche" but those people are either:
20%..............a) lying to you (perhaps trying to stupidly drum up interest in stock XYZ)
60%..............b) lying to themselves about all the other money they lost in the last 10 days
19.999%........c) ridiculously lucky and will probably lose that money in the coming week(s)
0.001%..........d) institutional traders in-the-know, working with complex algorithms and trading servers
planar1280
Banned
DOW: 11,216.95 +407.10
planar1280
Banned
at close:
11,239.84 +429.99 (3.98%)
Aug 9 - Close
11,239.84 +429.99 (3.98%)
Aug 9 - Close
jamesinclair
Banned
planar1280 said:
jamesinclair said:
I should have a TV show.
the wild swings are because the stock markets don't accurately reflect the information investors know or the actual economic value of a company.TrojanBlade said:
For instance, the nikkei dropped roughly 5% after the earthquake/tsunami. Do you really think the recent earthquake and tsunami wiped out 5% of the long term economic outlook for Japan?
The best way to invest is intelligently. Look for companies that are undervalued with strong long-term outlooks that pay dividends, which you automatically reinvest. Invest in them, watch them grow, interest growing upo ninterest and dividends growing upon dividends.
Any short term investment strategy is akin to gambling.
I recommend you read The Intelligent Investor by Benjamin Graham, co-founder of the school of thought of value investing, and a man who was warren buffet's mentor.
Buffett and everyone who practices value investing avoided the dot com bubble for the most part.
cartoon_soldier
Member
Yup, Amateur investor here.
jamesinclair
Banned
claviertekky said:
This week has nothing to do with reality.
Its a bunch of chickens running around going
SELL! SELL! SELL!
OH SHIT!
BUY! BUY! BUY!
Sit back, and enjoy it. And if you're a day trader, plan your christmas vacation in Tahiti.
TheRagnCajun
Member
Nothing goes down in a straight line.
planar1280
Banned
TheRagnCajun said:
A recovery is not straight up either.
Biff
Member
Crazy theory: It could also be the shorts covering their positions?
Shorts waiting till Fed announcement where they know markets will tank due to inaction.
Markets tank as expected.
Shorts buy at afternoon low like crazy to cover their positions before the end of the day, causing a surge in demand, allowing markets to end the day in the black.
Either way, we ain't seen nothing yet IMO. This roller coaster is a kiddie coaster compared to 2008.
Shorts waiting till Fed announcement where they know markets will tank due to inaction.
Markets tank as expected.
Shorts buy at afternoon low like crazy to cover their positions before the end of the day, causing a surge in demand, allowing markets to end the day in the black.
Either way, we ain't seen nothing yet IMO. This roller coaster is a kiddie coaster compared to 2008.
planar1280
Banned
ChefRamsay said:
i thought shorting like that was made unlawful after 2008
there is a self serving mechanism between the analyst predictions of Price to Earnings ratios and Corporations trying to match the predictions, because if they don't, their stock prices fall due to fear/uncertainty. Even if a company actually does better than predicted, they tend to cook the books to fall in line with predictions.TrojanBlade said:
What an insane day. It turned out pretty well for me, however; I completely recovered yesterday's losses and then some with a 6.87% upswing that brought me back into positive territory overall.
Welcome (albeit irrational) breather, although I'm not sure the market has bottomed out yet.
It was a temporary ban that lasted a few months.
Welcome (albeit irrational) breather, although I'm not sure the market has bottomed out yet.
It was a temporary ban that lasted a few months.
jamesinclair
Banned
sajj316 said:
Exactly.
Thats the problem.
When something keeps going up with no real reason to require the rise...it's a bubble. A bubble built on nothing.
See: US stock market 2009-2011.
See: US housing market: 2000-2007
See: China: 1998-2012.
Technosteve
Banned
You suck stock market why you no go down again why you up. You a mother fucker
jamesinclair said:
There is a reason, its viewed as a stable alternative currency. Same reason the swiss franc is valued so highly right now. Nevertheless, it a silly reason, gold is a commodity and it will eventually drop to a realistic price in respect to its position as a commodity.
edit: its not really a commodity. its a precious metal.
sajj316 said:
Have you looked at it back through the 1980s? The suckers that invested in it then had to take a loss on their investment for 30 years before they broke even. Are you sure it's worth the risk?
Another way to look at it is that gold was stable for 30 years and now people decide to shoot it up into the stratosphere. I have no doubt that quite a few people are going to be butthurt in a year or two. For an extra laugh, imagine how the graph would look if the upper scale was $1700 and not $800.
That's a pretty hilarious chart, actually, since in ~1980 we had serious, not messing around levels of inflation... whereas in 2011 we have an ideological expectation of inflation, all evidence be damned. That's a serious bubble right there.Javaman said:Have you looked at it back through the 1980s? The suckers that invested in it then had to take a loss on their investment for 30 years before they broke even. Are you sure it's worth the risk?
Another way to look at it is that gold was stable for 30 years and now people decide to shoot it up into the stratosphere. I have no doubt that quite a few people are going to be butthurt in a year or two. For an extra laugh, imagine how the graph would look if the upper scale was $1700 and not $800.
jamesinclair
Banned
As I said before, the burst will be epic. Im going to shield my roses now so they dont get injured in the explosion.
sajj316 said:
Gold does nothing. It just sits there. It's pretty to some people, so it's value against fiat currencies holds it's real value, but that's about it. It also blows up like a balloon during times of fear.
Stocks are ownership of businesses, which is in nature designed to be profitable. It either pays dividends or grows as the business increases in size.
Bonds are debt, which you get paid interest for.
Why the hell would gold make money? If you look over 200 years you'll so that it really doesn't. It only goes up and down, mostly due to fear and inflation.
Ether_Snake
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unomas said:
lol, no.
Javaman said:Have you looked at it back through the 1980s? The suckers that invested in it then had to take a loss on their investment for 30 years before they broke even. Are you sure it's worth the risk?
Another way to look at it is that gold was stable for 30 years and now people decide to shoot it up into the stratosphere. I have no doubt that quite a few people are going to be butthurt in a year or two. For an extra laugh, imagine how the graph would look if the upper scale was $1700 and not $800.
They didn't if they kept on averaging down over time.
jamesinclair
Banned
unomas said:
Looks like someone has too much gold and is playing chicken.
spiderman123
Member
As much as I have been stressing that ppl should use excel for forecasting, seems Krugman knows the dealo.
I present FRED EXCELS!!!
Source for the Data and Installation: http://research.stlouisfed.org/fred-addin/install_windows.html
Video on Summary and How to Use: http://www.youtube.com/watch?v=y8pmDkk0XDE&feature=player_embedded#at=14
I present FRED EXCELS!!!
Source for the Data and Installation: http://research.stlouisfed.org/fred-addin/install_windows.html
Video on Summary and How to Use: http://www.youtube.com/watch?v=y8pmDkk0XDE&feature=player_embedded#at=14
unomas said:
If gold gets to be $10,000 anytime soon, it means society is collapsing. It means that people will steal your gold and property because everything will be lawless.
We've warned you. This is a classic economic bubble, like the .com stocks, financial stocks of late, or even going all the way back to the South Sea Bubble. I hope you come to your senses and sell soon. If you're waiting for $10,000 per ounce, you may want to write it in your will so your great great grandchildren can cash in.
But you know what's worse about gold? There never was any profitable business there to begin with. At least previous bubbles did.
Read this:
http://en.wikipedia.org/wiki/Economic_bubble
It's practically written about today's gold prices.
spiderman123
Member
teh_pwn said:
Personally, I think he was B.Sn but hey I could be wrong and he is that naive. Most investing stories that I hear off are people who come across some money, dump it into the stock market based on what "Mad Money" man says and leave it there because they expect increasing returns from both sales and dividends.
Scott32020
Member
Dow down 429 points, losing about all of yesterday's gains, gold up ~2%.
Some of this has been supposedly caused by rumors of French bank Société Générale going bankrupt, that bank is down ~20% today. (see thread on this rumor)
Some of this has been supposedly caused by rumors of French bank Société Générale going bankrupt, that bank is down ~20% today. (see thread on this rumor)