Stock Market
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Re: Stock Market
by JeffDFD on Fri Aug 05, 2011 9:29 am
So now lets watch everyone move all their cash out of bonds/cash and into penny stocks?!!
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Re: Stock Market
by mac5155 on Fri Aug 05, 2011 9:34 am
my company's stock is down about $14 bucks from last week.. tempted to snag a few shares
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Re: Stock Market
by Trip McNeely on Fri Aug 05, 2011 9:36 am
Everyone is going to do that early today. I saw some middle market firms miss their earning projections by a penny or two, and lost 30 % yesterday
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Re: Stock Market
by Bioshock on Fri Aug 05, 2011 9:45 am
Well, if these stocks continue to nosedive then I'm gonna have to jump in on Monday. Too tempting to pass up if you ask me.
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Re: Stock Market
by steve784 on Fri Aug 05, 2011 10:09 am
Ready for today's nosedive to begin? 3....2....1.....
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Re: Stock Market
by steve784 on Fri Aug 05, 2011 10:13 am
AlexPKeaton wrote:Nosedive? It is going to rebound huge.
Really?
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Re: Stock Market
by ExPatriatePen on Fri Aug 05, 2011 10:18 am
steve784 wrote:AlexPKeaton wrote:Nosedive? It is going to rebound huge.
Really?
Yeah, not so much...
This mornings little "dead cat bounce" was a miniature suckers rally, mostly retail investor driven.
I'm staying on the sidelines, nothings making sense right now, you'd think there was a threat of a sovereign default or two on the horizon, no wait...
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Re: Stock Market
by steve784 on Fri Aug 05, 2011 10:20 am
ExPatriatePen wrote:
Yeah, not so much...
This mornings little "dead cat bounce" was a suckers rally.
Looks that way to me. Glad I didn't take the temptation and dump what I had in short term losses to get in in the last hour.
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Re: Stock Market
by steve784 on Fri Aug 05, 2011 10:21 am
I will say I do hope we're wrong though.......at least the jobs report was 'strong'.
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Re: Stock Market
by AlexPKeaton on Fri Aug 05, 2011 12:10 pm
ExPatriatePen wrote:steve784 wrote:AlexPKeaton wrote:Nosedive? It is going to rebound huge.
Really?
Yeah, not so much...
This mornings little "dead cat bounce" was a miniature suckers rally, mostly retail investor driven.
I'm staying on the sidelines, nothings making sense right now, you'd think there was a threat of a sovereign default or two on the horizon, no wait...
Investors seem ultra scared. The strong jobs report was unexpected and I figured the market would do well.
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Re: Stock Market
by ExPatriatePen on Fri Aug 05, 2011 12:19 pm
AlexPKeaton wrote:ExPatriatePen wrote:steve784 wrote:AlexPKeaton wrote:Nosedive? It is going to rebound huge.
Really?
Yeah, not so much...
This mornings little "dead cat bounce" was a miniature suckers rally, mostly retail investor driven.
I'm staying on the sidelines, nothings making sense right now, you'd think there was a threat of a sovereign default or two on the horizon, no wait...
Investors seem ultra scared. The strong jobs report was unexpected and I figured the market would do well.
Ben Graham talked about the markets as being "Manic" sometimes. To be sure, it's a stock pickers market here.
Personally I'd go for the high yielding stocks who's dividends are not only safe, but have a history of increasing. PM looks especially good down here if you don't mind being in a tobacco stock. CAT looks good and so does Berkshire Hathaway at these prices, but for BRKA you have to have 107K laying around and not to many of us do.
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Re: Stock Market
by JeffDFD on Fri Aug 05, 2011 12:31 pm
I love my dividend stocks in times like these. Just don't look at how much your original principal invested is worth for a little while and collect your dividends. Reinvest them to buy shares of the stock at lower prices.
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Re: Stock Market
by AlexPKeaton on Fri Aug 05, 2011 2:38 pm
Looks like everyone in this thread was right today, it rose, plummeted, then rose again. We all get trophies today!
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Re: Stock Market
by Sam's Drunk Dog on Fri Aug 05, 2011 2:48 pm
Days like this make me happy that all the stock I own is in 401K or not yet vested so I can't touch it.
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Re: Stock Market
by JeffDFD on Fri Aug 05, 2011 3:15 pm
Ha, I bet it ends close to even today...I was curious to see how the market would respond and today it seems it doesn't even know what it wants to do.
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Re: Stock Market
by pfim on Fri Aug 05, 2011 3:18 pm
JeffDFD wrote:today it seems it doesn't even know what it wants to do.
Welcome to every day ending in y.
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Re: Stock Market
by JeffDFD on Fri Aug 05, 2011 3:22 pm
columbia wrote:The DJI +99 at the moment.
Are you on a 20 minute delay? May want to update that...down to +15....now around 30
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Re: Stock Market
by newarenanow on Fri Aug 05, 2011 3:22 pm
columbia wrote:The DJI +99 at the moment.
I'm rich biatch!
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Re: Stock Market
by JeffDFD on Fri Aug 05, 2011 3:23 pm
pfim wrote:JeffDFD wrote:today it seems it doesn't even know what it wants to do.
Welcome to every day ending in y.
Id say it pretty much knew what it wanted to do yesterday...and 8 of the 9 days in the last week...haha
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Re: Stock Market
by columbia on Fri Aug 05, 2011 3:24 pm
JeffDFD wrote:columbia wrote:The DJI +99 at the moment.
Are you on a 20 minute delay? May want to update that...down to +15....now around 30
Your Google is faster than my Google?
Actually...some truth to that: I just looked again and it refreshed the time....it has been two hours behind.
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