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STOCK MARKET: Let's talk stocks and investing

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

  1. DwangBoy

    DwangBoy Member

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    You want to get back into the market now? After 3 months of bear market rally?..

    Buy SKF and SDS and TYP..
     
  2. akbar

    akbar Member

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    what you guys think about Precision Petroleum Corporation ( PPTO )
     
  3. Mr. Brightside

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    Gold or Silver. Gold is going to hit $1250 soon enough. Gold miners are still relatively undervalued at this point.
     
  4. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
    Supporting Member

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    DO NOT BUY AND HOLD DOUBLE AND TRIPLE LEVERED ETFS.
     
  5. MadMax

    MadMax Member

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    how long does it rally before we stop calling it that?
     
  6. s land balla

    s land balla Member

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    Do I sell my $2.37 GM shares now? :mad:
     
  7. Mango

    Mango Member

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  8. Major

    Major Member

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    What is this guy's track record? That page conveniently seems to list particular frames, but for example, has nothing from 2002-2007. Is this because he was totally wrong then, or simply a matter of convenience?
     
  9. Ubiquitin

    Ubiquitin Member
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    :( Sorry man.
     
  10. Dr of Dunk

    Dr of Dunk Clutch Crew

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    When the market is back at 14,000 of course!
     
  11. s land balla

    s land balla Member

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    Is anyone touching GM at $0.75/share?
     
  12. Mango

    Mango Member

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    He has been around for many years and has had generally good reviews. Somewhat controversial at times. His daughter (Michelle) used to be with Heath Ledger.

    Larry Williams


    For the moment, I have a Bearish tilt since the major stocks like XOM, GS and AAPL are doing poorly at the moment. Always subject to change and I could be Bullish next week. I already had the Bearish tilt at 9:00 am and didn't read the Larry Williams piece until lunch time.


    Since you seem to be a doubter about a possible Topping scenario (for the moment), what makes you Bullish? Your own analysis or in combination with a <i>Guru</i>?
     
  13. Dr of Dunk

    Dr of Dunk Clutch Crew

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    If you're daytrading and praying, sure. That stock's borderline worthless now. They're about to go into bankruptcy and I don't believe common shares in it will be worth squat when they come out.
     
  14. pgabriel

    pgabriel Educated Negro

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    that's funny, but i think it makes a fair point. we've gone down so far below the high, we do need to establish what's a point where we think the market should have been.
     
  15. AGBee

    AGBee Member

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    I love this market - buy anything and make lots of money :)
     
  16. Major

    Major Member

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    I'm not necessarily a doubter - there are just tons of these guys out there that hit on a few market calls here and there with formulas and then promote themselves, hiding all the times they are wrong. I just don't know anything about him.

    I'm not particularly bullish right now, but I'm not bearish. I think we've come a long way in a short period and we're in for a breather. I could see the next month or two being relatively flat. I don't think we're in for a major down leg simply because I think so much of the ridiculous valuations were extreme fear.
     
  17. thelasik

    thelasik Contributing Member

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    I hope anyone who was holding GM sold their shares.

    http://money.cnn.com/2009/05/31/news/companies/gm_bankruptcy_looms/index.htm

     
  18. s land balla

    s land balla Member

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    I still have some GM shares in my portfolio. Should I place a market price sell order for when the market opens tomorrow? Will GM trade at all tomorrow? Or will it go straight to $0.00?
     
  19. Ubiquitin

    Ubiquitin Member
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    I'd put the trade in as soon as possible, but it should hit next to nothing immediately.

    Still wish I had bought the options...
     
  20. Dr of Dunk

    Dr of Dunk Clutch Crew

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    I would think that would be your only shot, but..... what the heck did you hold onto it for?! lol. :)

    Hopefully it trades at the open and there're some nuts out there willing to buy it.
     

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