If I had bought, it would have went down. That's the way it usually works for me.dem said:friggin stocks going up
i knew i should have bought shit yesterday...
If I had bought, it would have went down. That's the way it usually works for me.dem said:friggin stocks going up
i knew i should have bought shit yesterday...
Battersea Power Station said:My only problem with this is that it seems so obvious: it's been trending down for a few months, the holiday season is about to come. It seems like the perfect buy.
I'm wary of things like that.
What do you think? And how do you trade it? ETFs or something?
argon said:Nintendo is very undervalued under $60 IMHO, especially with the dollar buying 107 yen.. I really can't think of any reason for it to underperform the market from here as long as the exchange rate holds above 104-105 or so (which I believe their earnings estimates are based off of).
sonarrat said:I'm going to wait until market close today, then buy SKF. Even hundreds of billions won't help when the housing market is probably going to need trillions to absorb all the losses.
toxicgonzo said:Fannie Mae and Freddy Mac making huge gains today
http://finance.yahoo.com/q?s=fre
http://finance.yahoo.com/q?s=FNM
gkrykewy said:Holy fuck at LEH.
EDIT: Now trading under LEHMQ. Still, up 300%...
gkrykewy said:That is going to fall to 60 before it even thinks of recovering. Wait until mid-next week at least.
sonarrat said:60? That sounds like an outrageously low number. It's trading at 92, and even that's down 20%.
crussher said:hey guys just wondering,
you know the january effect how stocks go up after december supposedly,
is their a similar effect for friday? where stocks go up on monday or down usually?
i dont know if should buy some stocks at close or should i just wait for monday morning?
is their a historical trend that follows suit?
thanks.
ArtG said:If you're going long, I wouldn't buy anything right now, honestly. The fact that the market is about even this week given the events is making me feel like the market is way, way too high.
Then again, with the ban of short-selling on certain stocks, who knows. The market is pretty much manipulated to go up in that environment.
crussher said:i don't plan on going long, i plan on selling them come monday but i won't if its known that prices usually drop from Friday to monday.
I just don't know.
Ether_Snake said:Yep, same reason I held back. ERTS is tempting, but again I am warry of them as always.
McCain/Palin jumped the shark.Ether_Snake said:Anyone else noticed this? Most defense contractors were either down or barely up today. Could this be because people expect the military spending to be reduced or more severely contested now that the gov will need a whole lot more money to deal with its deficit?
ERTS has a nice slate of titles right now, but I don't know if they'll be able to hold such a rich valuation now that they are no longer the King of the sector.Ether_Snake said:Yep, same reason I held back. ERTS is tempting, but again I am warry of them as always.
Date of Lies said:I bought AIG at rock bottom prices and I'm hoping this rally on financials is gonna last, I'm up 50%.
No need to get a stop-loss for AIG, since the govt is babysitting them now. Even if there are corrections in the near-future, I'm looking at huge growth in the future, especially since everyone is saying we hit the bottom on thursday/friday. But we'll see. With the RTC2 now becoming a reality, I'd say a lot of people will be jumping back on the financials bandwagon. Think about getting a piece of the action while you can. It might be risky in the short-term, but longterm, I'm looking at money pouring back into the stock market and financials. You may not see prices like these in financials for a long time, and you know they'll eventually recover, especially now that the fed is being a guardian angel (with your money lol, nationalization of losses, capitalization of profits). I just feel bad for those who rode financials all the way down.gkrykewy said:Nice work! Just make sure to set up a stop-loss order to protect your profits. I'm thinking financials will come back down close to their Thursday levels before the end of the short sale ban.
Ether_Snake said:I found a few good ones tonight, very strong fundamentals, making them pretty safe investments (but usually with smaller returns). Some of them have actually dropped sharply recently yet the ratios are good so it makes them undervalued IMO, others have made through the turmoil unscathed (I'm mostly looking for undervalued stuff, but I always bookmark anything with great fundamentals in case of an eventual drop).
HURC
B
TEX
LUFK
HLEX
RAVN
RIO (had it in my watch list but forgot it after a big drop last year, re-added to my day-to-day watch list, something I could buy to diversify too)
BOOM
MO
BABY
DWSN
crussher said:what kind of ratios do you look at it to see if they have good fundamentals?
thanks
sonarrat said:I put my toes into the options pool by buying some HSBC puts with a $70 strike price. They're already up 5% since I bought them, and the stock really hasn't moved much at all. This is some serious leverage!
Edit: Now they're up 20%. I just made up for three months of mutual-fund losses in one day. Wow.
RSTEIN said:Lol, welcome to the options club. Now be prepared to lose everything you have.
lil smoke said:So is this a pattern eh? I guess tommorow will be back up 300 points right?
I fuckin missed my NTDOY buy, because I typo'd the ask!! Now the money is sitting there as "unsettled" I could have made a few hundred!!! SHIT. This is BS.