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STOCK MARKET: Let's talk stocks and investing

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

  1. Rockets34Legend

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    Dang....down to 20.95 ($4 down... :eek: )
     
  2. thelasik

    thelasik Contributing Member

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    Futures looking good. Dow up 77 points.
     
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  3. Dr of Dunk

    Dr of Dunk Clutch Crew

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  4. francis 4 prez

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    well i didn't get much out of today but i did sell my SKF on friday, so that was certainly nice.

    seems like we should have a least a little negative day tomorrow, but who knows.
     
  5. kaleidosky

    kaleidosky Member

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    lost a crapton on shorting financials.. but at least i got out mid-aftn and ate the losses. made some back today. assuming there will be a pullback tomorrow
     
  6. francis 4 prez

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    FAZ was over 100 on march 9. today it's below 20. solid.
     
  7. kaleidosky

    kaleidosky Member

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    i think i bought it at 37..or was it 47? Either way, that was a crappy ride down
     
  8. Dr of Dunk

    Dr of Dunk Clutch Crew

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    Still own DDM, TCK, BRK.B and SSO in a few accounts with trailing stops. My C just sold off today - hopefully not too early, but this was the news I was waiting for to get out of it. Sadly, my FAS sold off last week. :mad:
     
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  9. OldManBernie

    OldManBernie Old Fogey

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    FAZ is triple leveraged?!? That's madness! I think I'll be steering clear of that one.

    I bought back into FNM at .70 last week, and made a bit selling it at the market opening.
     
  10. kaleidosky

    kaleidosky Member

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    yeah, only for gambling..
     
  11. thelasik

    thelasik Contributing Member

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    What do you guys think about investing in BP? Their dividend is solid for the current stock price.

    I'm planning on getting in around the $37 or so.
     
  12. Artesticles

    Artesticles Member

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    For anyone that has traded FAS/FAZ, do y'all ever hold or buy/sell in the same day?
     
  13. Qball

    Qball Member

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    Went from postive 200 or so to almost down 100. Crock of ****.
     
  14. Mango

    Mango Member

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    When the computers decide to <i>Sell</i>, you have to go along with it.

    When the computers decide to <i>Buy</i>, you have to go along with it.
     
  15. Mango

    Mango Member

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    Hold a 3X overnight <b>Only</b> if the trend is strongly in your favor.
     
  16. Artesticles

    Artesticles Member

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    I can see why now. I got out of FAZ in time to make a profit.
     
  17. Mango

    Mango Member

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  18. Dr of Dunk

    Dr of Dunk Clutch Crew

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    I never thought I'd buy something like FAS, but I thought the financials were so battered and the toxic asset relief was coming, so I took a chance that it would rise on the news. I think I held it for about 2 days or so and it was a roller coaster. If you don't have the stomach for 10-25% daily swings in the thing, you're not going to be able to handle it.
     
  19. Dr of Dunk

    Dr of Dunk Clutch Crew

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    And back up 90 to close! :D
     
  20. Air Langhi

    Air Langhi Contributing Member

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    FAS and FAZ don't seem to be working.
     

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