1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

STOCK MARKET: Let's talk stocks and investing

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

  1. fallenphoenix

    fallenphoenix Contributing Member

    Joined:
    Jun 20, 2009
    Messages:
    9,821
    Likes Received:
    1,617
    Lost a bit in equities. My GLD and bond funds have lessened the sting a bit.
     
  2. Air Langhi

    Air Langhi Contributing Member

    Joined:
    Aug 26, 2000
    Messages:
    21,354
    Likes Received:
    5,898
    This is the time to be buying.Who cares if it goes down another 10% just buy some more. Just make sure you diversify a little and a few years from now you will be good. If you aren't retiring and don't need money immediately why do you have to worry about it.
     
  3. Win

    Win Contributing Member

    Joined:
    Nov 22, 2002
    Messages:
    1,745
    Likes Received:
    111
    Yeah, I've lost about 8% on my Fidelity 401k this year. I started moving my funds to mostly treasury bonds early this year and then moved everything there last week. Otherwise I would be down around 15%. I'm convinced we are going into a full blown bear market.
     
  4. FTW Rockets FTW

    FTW Rockets FTW Contributing Member

    Joined:
    Jun 23, 2011
    Messages:
    27,724
    Likes Received:
    21,395
    About 15K in Stocks and god knows how much in 401K

    My problem is I am not very educated in the investing market or stocks/bonds etc so I am not sure what to do at this stage.
     
  5. CCity Zero

    CCity Zero Member

    Joined:
    Nov 28, 2014
    Messages:
    7,003
    Likes Received:
    3,203
    I somehow managed to avoid my 401k getting hit much, but yeah... Definitely a good idea to invest, the market always returns, it might be awhile but y/y it's always a win.

    You guys find any interesting stocks (outside the regulars)?
     
  6. Mr. Brightside

    Mr. Brightside Contributing Member

    Joined:
    Mar 27, 2005
    Messages:
    18,873
    Likes Received:
    2,008
    I think crude can push up to 36-37 clearing out some of the weak shorts in the market. I have CAD futures long.
     
  7. Ron from the G

    Ron from the G Contributing Member

    Joined:
    Feb 14, 2008
    Messages:
    1,091
    Likes Received:
    76
    Bought a good size of UVXY longs in the 37 handle for a swing.
     
  8. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
    Supporting Member

    Joined:
    Aug 16, 2002
    Messages:
    21,919
    Likes Received:
    6,693
    [​IMG]
     
  9. Ron from the G

    Ron from the G Contributing Member

    Joined:
    Feb 14, 2008
    Messages:
    1,091
    Likes Received:
    76
    Sweet I was just slightly early. I ended up adding more to that position when it went against me either the next day or two days after, before finally taking profit on Friday. The quote above is from 2.9.16 and I got out on 2.19.16.



    And to this one:
    I added more to my longs this morning.
     
  10. famicom

    famicom Member

    Joined:
    Jul 28, 2003
    Messages:
    1,183
    Likes Received:
    43
    Looking to use another broker besides CapitolOne, maybe OptionsHouse.. anybody have any experience with them?
     
  11. Mr. Clutch

    Mr. Clutch Contributing Member

    Joined:
    Nov 8, 2002
    Messages:
    46,550
    Likes Received:
    6,127
    I am loading up on the S&P.

    Long and strong.

    2,500 by the end of the year.
     
  12. Ron from the G

    Ron from the G Contributing Member

    Joined:
    Feb 14, 2008
    Messages:
    1,091
    Likes Received:
    76
    I myself have been looking for this rally to happen and for it to fail mid March to mid April followed by a big sell off. I'm cautionary here. Only short term plays for me in this area.
     
    #8112 Ron from the G, Mar 1, 2016
    Last edited: Mar 1, 2016
  13. fallenphoenix

    fallenphoenix Contributing Member

    Joined:
    Jun 20, 2009
    Messages:
    9,821
    Likes Received:
    1,617
    That would be nuts, but I hope you're right.
     
  14. Hustle Town

    Hustle Town Contributing Member

    Joined:
    Dec 25, 2012
    Messages:
    4,592
    Likes Received:
    2,628
    My shares of Chesapeake have surged the last few days. Wish I had bought call options.
     
  15. Ron from the G

    Ron from the G Contributing Member

    Joined:
    Feb 14, 2008
    Messages:
    1,091
    Likes Received:
    76
    I'm eyeing 2020-2025 SPX as a possible reversal area in the coming days. Being so close to there though now and with the jobs report tomorrow before the market open I went ahead and took profit on my long positions today and am flat. Would love to not see 2020-2025 SPX until mid next week for a good short setup.
     
  16. Cohete Rojo

    Cohete Rojo Contributing Member

    Joined:
    Oct 29, 2009
    Messages:
    10,344
    Likes Received:
    1,202
    How do I sell insurance on this bet?
     
  17. Mr. Clutch

    Mr. Clutch Contributing Member

    Joined:
    Nov 8, 2002
    Messages:
    46,550
    Likes Received:
    6,127
    Sell calls?
     
  18. whag00

    whag00 Contributing Member

    Joined:
    Jun 19, 2003
    Messages:
    5,007
    Likes Received:
    2,514
    Almost there. Offshore drillers have exploded last few days (see NE and SDRL). I imagine it's being driven be short covering. I wouldn't chase here though.
     
  19. FTW Rockets FTW

    FTW Rockets FTW Contributing Member

    Joined:
    Jun 23, 2011
    Messages:
    27,724
    Likes Received:
    21,395
    So is the oil downturn final over? Are we now on an upward cycle?
     
  20. Ron from the G

    Ron from the G Contributing Member

    Joined:
    Feb 14, 2008
    Messages:
    1,091
    Likes Received:
    76
    Markets generally don't go from a downtrend straight into an uptrend. They need to base sideways first. We haven't had the basing yet. It very well could have started, but we are definitely not in an uptrend yet.
     

Share This Page

  • About ClutchFans

    Since 1996, ClutchFans has been loud and proud covering the Houston Rockets, helping set an industry standard for team fan sites. The forums have been a home for Houston sports fans as well as basketball fanatics around the globe.

  • Support ClutchFans!

    If you find that ClutchFans is a valuable resource for you, please consider becoming a Supporting Member. Supporting Members can upload photos and attachments directly to their posts, customize their user title and more. Gold Supporters see zero ads!


    Upgrade Now