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STOCK MARKET: Let's talk stocks and investing

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

  1. Major

    Major Member

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    But wouldn't the year-end S&P be looking forward at 2010 earnings which almost everyone currently projects to be higher than 2009 earnings? It does seem to indicate that today's market should be lower though.
     
  2. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
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    their projected 2010 earnings were $54/share which mean we are still VERY overvalued if you use their numbers.
     
  3. s land balla

    s land balla Member

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    So are you shorting the S&P500 for the entire year?
     
  4. Air Langhi

    Air Langhi Contributing Member

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    Citi is about to get diluted, wonder how market will react/
     
  5. AGBee

    AGBee Member

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    By breaching 2008 lows.
     
  6. SamFisher

    SamFisher Member

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    Stupidly. Citibank and BOA have been de facto nationalized for months now and the shareholders have been on life support since the fall..if you're long citibank you're already f'd anyway, I don't know what they were possibly thinking was going to happen before. Unless you were under the illusion that the treasury was just going to say "oh no problem, miss your divident payments to us and keep the 80bb?" - this news should not be a surprise to anybody.
     
  7. Air Langhi

    Air Langhi Contributing Member

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    Bought some skf yesterday. I should have just dumped it at the open. Instead of waiting.
     
  8. lalala902102001

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    Looks like another round of banking collapse might be coming -- C down 40% today; BAC down 25%...
     
  9. Mr. Brightside

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    SKF closed near the highs of the day today. You could have sold at market close.

    :confused:
     
  10. AGBee

    AGBee Member

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    SKF plummeted at the open but shot up at the close.
     
  11. benchmoochie

    benchmoochie Member

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    As long as the divs keep getting cut for companies, the sp 500 is overvalued. its gonna crash.
     
  12. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
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    i have looked to short any major rallies.
     
  13. thelasik

    thelasik Contributing Member

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  14. Air Langhi

    Air Langhi Contributing Member

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  15. Air Langhi

    Air Langhi Contributing Member

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    The dollar is kicking ass. Shocking since we are printing money like toilet paper.
     
  16. deepblue

    deepblue Member

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    We are mostly borrowing like there is no tomorrow. The whole euro zone is in shambles.
     
  17. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
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    man...talk about no interest in buying today. the market is just dead.
     
  18. Rockets34Legend

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    It's sad that everything is down today, but one stock that has taken a dump for a while is up today - AIG.
     
  19. Mango

    Mango Member

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    At that price, it is more like an option than a stock.
     
  20. No Worries

    No Worries Member

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    One of my bottom feeder limit orders fired today ... VTI @ $36. Time to set the next limit order ... VTI @ $32.

    How low will it go?
     

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