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STOCK MARKET: Let's talk stocks and investing

Discussion in 'BBS Hangout' started by SWTsig, Jun 2, 2008.

  1. TheMystery008

    TheMystery008 Member

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    TSLA with a big bump today.

    So happy.
     
  2. fallenphoenix

    fallenphoenix Contributing Member

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    would be nice to see 240 again in the next few weeks
     
  3. s land balla

    s land balla Contributing Member

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    I liquidated 75% of my portfolio today. Will revisit later.
     
  4. fallenphoenix

    fallenphoenix Contributing Member

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    expecting a correction soon?
     
  5. s land balla

    s land balla Contributing Member

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    Yup. I may buy back gradually on some big dips, but I just feel more comfortable being in cash at the moment. It has certainly been a nice run.
     
  6. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
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    We may have a correction but history indicates we will likely grind higher with low volatility. Also we just did have a correction in some tech names recently.
     
  7. TheMystery008

    TheMystery008 Member

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    That would be nice.

    Bought it at a bad time.

    Glad it's back up.
     
  8. benchmoochie

    benchmoochie Contributing Member

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    i think amazon goes to 400. i thought that last week at 325..forgot to post.
     
  9. TheRealist137

    TheRealist137 Member

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    Hey guys I'm in a similar situation as the OP so I'm wondering what I should do. I have about 10 grand that I wouldn't mind playing with in the market.

    Thinking about just getting some relatively risky mutual funds.
     
  10. fallenphoenix

    fallenphoenix Contributing Member

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    it could be a pretty risky time to invest in equities right now. markets are at an all time high and there's speculation that a corrections will be coming soon, but people have been saying that for like a year now
     
  11. Mr. Clutch

    Mr. Clutch Contributing Member

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    Can I ask why?
     
  12. s land balla

    s land balla Contributing Member

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    Just a gut feeling. The past 18 months have been good, and I'd rather sit on the sidelines for a breather.
     
  13. TheMystery008

    TheMystery008 Member

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    Lol.

    Oh TSLA.

    Should have cut my losses yesterday.

    Realist, hold your money for now.

    You don't want your money to lose double percentage right now.
     
  14. TheRealist137

    TheRealist137 Member

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    At what point would it be safe for me to get into the market? What about shorting or put options since the stock market will crash?
     
  15. Spacemoth

    Spacemoth Contributing Member

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    It's never safe to get into the market. Even riskier to short this market. To me the safest stocks you can own are AAPL and BIDU. Just massive companies with limited downside and numerous remaining catalysts.
     
  16. glad_ken

    glad_ken Contributing Member

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  17. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
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    Since '50, the $SPX has been up 5 months in a row N=22 (not counting current streak). Up a yr later 21 times! The negative was -0.58% btw.

    From @ryandetrick
     
  18. fallenphoenix

    fallenphoenix Contributing Member

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    how long do you this malaysia flight issue will make the market dip? i guess it depends on if they can confirm it was shot down
     
  19. s land balla

    s land balla Contributing Member

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    My bet is another down day tomorrow. May start to rebound next week at some point.
     
  20. fallenphoenix

    fallenphoenix Contributing Member

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    maybe this is an opportunity for you to buy back in ;)
     

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