STOCK MARKET: Let's talk stocks and investing

Let's not talk about stocks and investing...


Ug.

 

What are y'alls thoughts about AAPL at a sub-$100 price?

 

I too am curious about this. Apple has an enormous amount of cash to fall back on in this market...

If it breaks 90 bucks....

 

I'd buy it solely cause Uncle Warren did. Instead, I bought some Berkshire stock today.

 

How many shares? They're only $128k.

 

I seriously thought about buying BRK.A, which like you say is currently $128k. But I have a house I'm looking to buy so can't do that. So no, I bought 4 shares of BRK.B. Which is all I could buy from my SEP IRA account. Got buy orders on other stocks in my other accounts.

 

Sold my SDS yesterday up 20% from purchase. Loaded up on UYG cheap at the end of the day.

Let's get a rate cut and make mlwoo some money.

 

The sky is falling...

seriously, where do you invest after the market bottoms out...IMHO, I do not believe the U.S. govt. can back up the entire market...we're going to crash and crash hard...they're just delaying the inevitable...

 

just contrib. to my IRA for 2008 right now since the market is nice and low...should offset the losses of my 2007 contribution fairly soon I hope

 

You are hoping on a rate cut that may or may not happen. UYG slides further. B of A is pricing in tomorrow at $23 suposedly. I bet they only get $21.

 

Apple is going to 60 when the market is done selling off. This is where I've projected it at. Had the 120 puts before the downgrade..somehow got lucky on that timing.

 

I dont believe in long term on financials unless the company is GS or WFC, both Buffet invested in now. C could go to 12. A good hedge for your long shares are the $17.50 or $15 puts.

 

You should have been buying all the ultra shorts when the dow was at 10,800 last wednesday 10/01. DXD has gone from 62 to 79 since then.

 

No, I think he should've been buying them since around early Oct. 2007.

BTW, anybody got $20? I want to buy out Ford. lol.

 

so you're saying i should've bought the ultra shorts when the market was higher? i should have thought of that. i also should have sold everything i own in late june. but that didn't happen either.

actually, i planned on buying some SDS on the first day congress didn't pass the bailout. i think it was at 11k and would've gone up with the bailout and then i would have bought in. that didn't happen, and then i didn't wanna buy before the bailout and now here we are with me trying to help the market find it's bottom by going short.

 

After the market bottoms out, that's the best time to get in the market. It can't go lower.

 

Do you want to be my new financial advisor?

 

so when do we expect this to hit rock bottom?

 

If anyone really knew that, they would be independently wealthy afterwards.

 

im thinking im gonna wait a couple more days.