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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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    Just to clarify - I don't necessarily disagree with you. My only point was that the two previous drops had specific events / reasons for them, as opposed to just being reactions to QE. There are multiple competing forces on the market right now: QE pushing it up and economic sluggishness is holding it back, but Europe is the biggest driver. The big fear is that Europe could implode - the recent crashes have been when that seemed like reality, and the recent run up (the last few months) has been as the fear of that has receded.
     
  2. Air Langhi

    Air Langhi Contributing Member

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    80% of the trading is done by computers. Who knows what they are thinking.
     
  3. bigtexxx

    bigtexxx Contributing Member

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    I am not smart on gold -- too many other factors at play I haven't researched.

    Not touching it
     
  4. rocketman1979

    rocketman1979 Contributing Member

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    Is NTAP a good short right now? :grin:
     
  5. CXbby

    CXbby Member

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    They just announced QE-infinity, where else can gold go? Short term hope for an exhaustion pullback or a short period of consolidation. Long term, to infinity and beyond.
     
  6. pradaxpimp

    pradaxpimp Contributing Member

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    What's Qe?
     
  7. CXbby

    CXbby Member

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    Crack rocks for the economy. The cure-all for our current gloom. Gotta shoot up double to get the same high, but haven't OD'd yet so keep 'em coming!
     
  8. Amel

    Amel Contributing Member

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  9. Grumbler

    Grumbler Member

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    lol, going to have to start to set some stop loss for both aapl and nok. just in case something bad happens.
     
  10. Zackery

    Zackery Member

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    I bought some FB about 3 weeks ago when I noticed a slight resistance at $19. I bought it at $19.32 and the next few days it dropped down to ~$17.7.

    But today it is making another big move, up 6% to $21.90.


    Another stock I own is MetroPCS (PCS). It is up to day at $10.70. I always wanted to sell it when it reached $10. Should I go ahead and sell or keep it little longer?
     
  11. Acedude

    Acedude Contributing Member

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    Step 1: have a plan
    Step 2: follow through with your plan
     
  12. RocketsPimp

    RocketsPimp Contributing Member

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    Now that you are over your sell point, put in stops to protect your gain. If it keeps going higher, raise your stops.
     
  13. Amel

    Amel Contributing Member

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    Placed mine at 2.88 for NOK :grin:

    First time I placed one, should do this more often...
     
  14. Amel

    Amel Contributing Member

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    I personally should have done this a long time ago...lost prob 3-4k not doing this... :eek:
     
  15. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
    Supporting Member

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    lol NOK is a psychopath.
     
  16. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
    Supporting Member

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    that aapl looks great. it's gonna have wiggles up and down in it, but that chart looks great. how long have you been in it?
     
  17. Amel

    Amel Contributing Member

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    LOL, up .20 early, back to -.03 as of right now...

    I think investors who got in early at 1.65 are selling and keeping it from not going above $3.
     
  18. Grumbler

    Grumbler Member

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    not long in aapl. in around 673. 20 points up. can't afford that many shares lol. usually i just take the profit and go. probably stay a while this time around. think appl is going to 1k for sure.

    i used the left over couple of hundred dollars from appl on nok lol. just for fun.
     
  19. BIG-Tnguyen

    BIG-Tnguyen Member

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    Bought my AAPL shares 5 of them at 566.72 and my DUMB A** sold them all before the announcement... regretting it badly.
     
  20. Grumbler

    Grumbler Member

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    lol, no regretting. it'll drive you nuts. there is always money in the market. you will feel real good when it crashes. :grin: if you made a profit, then it's all good. go buy a cheeseburger and tell yourself that you ate for free.
     

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