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STOCK MARKET: Let's talk stocks and investing

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

  1. paulnhbtx

    paulnhbtx Member

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    Oh really? where did you read this? I tried to google but found nothing.. I wonder if I should just sell now. haha
     
  2. Yonkers

    Yonkers Member

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    UGAZ keeps testing new lows. Been thinking of buying in and every time I see it pop and think I missed out on a buy opportunity, it drops to a new low.
     
  3. benchmoochie

    benchmoochie Member

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    Given spx went from 2075 to 2055.. That was a sell program I think it could go further this week. Was thinking 2050 or 2025. Overbought pull back
     
  4. s land balla

    s land balla Member

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    It's getting ugly out there...
     
  5. Grumbler

    Grumbler Member

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    :eek: i am just going to try to be patient this time. hopefully a nice rebound over the holiday season...
     
  6. benchmoochie

    benchmoochie Member

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    I think for the rest of the year the downside is limited here. January and next quarter's earnings could be interesting. on a side note, FB is having a breakout.
     
  7. Ron from the G

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    I closed my volatility long swing trade this morning for a very nice gain. From here I'm long the market into the end of the year and am looking at January-May to possibly have some major pain to the downside.
     
  8. benchmoochie

    benchmoochie Member

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    I agree with this. I was looking for a spx 2010 handle. We may even see 2000 today. This close looks bad
     
  9. benchmoochie

    benchmoochie Member

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    Seems like people getting margin calls in oil stocks and selling other equities to cover it hence market drawdown
     
  10. chrispbrown

    chrispbrown Member

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    So I bought some tlm at the end of today...Am I r****ded?

    Word is it could be sold for anywhere between mid 5s to 8 per share.

    Rookie here, just looking for honest advice.
     
  11. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
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    Just so you know that story was in Canadian dollars so it's 5.18 to 6.91.
     
  12. chrispbrown

    chrispbrown Member

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    I see. Well I guess as my first attempt in "quick" investments I have no problem with 10%-25%...if I am lucky to get that.
     
  13. benchmoochie

    benchmoochie Member

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    whats max pain? spx 1970?
     
  14. benchmoochie

    benchmoochie Member

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    I bought some deep In the money calls on a couple momentums today at spx 1983. Will see how this plays out another hour..may just sell.

    * A trade rumor by Chico would brighten my day.
     
  15. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
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    Chico is long the stock market
     
  16. benchmoochie

    benchmoochie Member

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    I figured that. I was talking about the Rockets. I've been waiting for some transaction to happen since this summer it seems.
     
  17. Ron from the G

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    I'm looking for a chance in the next couple of weeks to long oil around 46-47.
     
  18. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
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    That's the number I've been kicking around too. I got a buddy out in the field and he feels like the 45 area is likely. Another old oil guy out there felt the same.

    These pipelines look interesting too if oil crashes down there.
     
  19. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
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    And wow gold looks like ****.
     
  20. The Real Shady

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    UWTI.
     

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