Money and Investing Discuss stock picks, portfolios, retirement and other investment related topics.

Official Let's Make Some Money Off Stocks Thread...

Thread Tools
 
Old 08-15-2007, 09:08 PM
  #2401  
Administrator


 
cthree's Avatar
 
Join Date: Oct 2000
Location: Toronto, Canada
Posts: 20,274
Likes: 0
Received 4 Likes on 4 Posts
Default

Originally Posted by WyattH,Aug 16 2007, 01:07 AM
Thanks, both of you. Exactly what I tried to get at.

Bri - In theory, you're probably right. But as I heard somewhere:
Great people buy low and sell high.
Bad people buy high and sell low (me).
Good people buy high and sell higher.
Hell, I think I heard this from C3 even!

But, my interpretation is that there's no point in buying now (as you know), if we can *safely* predict further drops. I'd get in once the bulls start coming back, and we have some significant and relevant upward pressure. We'll get it - eventually. Patience, for now - I suppose.
Australia 5665.70 -135.80 -2.34%

Hong Kong 20585.14 -790.58 -3.70%

India 14449.77 -551.14 -3.67%

Indonesia 1911.06 -118.03 -5.82%

Japan 15997.33 -478.28 -2.90%

Pakistan 12789.84 2.54 0.02%

Philippines * 2942.31 -188.03 -6.01%

Singapore 3122.87 -150.38 -4.59%

S.Korea 1689.95 -127.94 -7.04%

Sri Lanka 2433.32 11.15 0.46%

Taiwan 8252.85 -340.19 -3.96%

Thailand 742.48 -31.44 -4.06%
cthree is offline  
Old 08-15-2007, 09:10 PM
  #2402  

 
WyattH's Avatar
 
Join Date: Sep 2004
Location: PNW
Posts: 8,106
Likes: 0
Received 2 Likes on 2 Posts
Default

RE: KKR
Shitty. Definitely selling long positions and picking up the Short ETF's tomorrow just after open.
WyattH is offline  
Old 08-15-2007, 09:52 PM
  #2403  
Registered User
Thread Starter
 
wantone's Avatar
 
Join Date: Nov 2001
Location: La La Land
Posts: 29,845
Likes: 0
Received 1 Like on 1 Post
Default

So assuming we had a crystal ball and knew that a fierce bull market would come, which stocks would you buy without hesitation???
wantone is offline  
Old 08-15-2007, 09:56 PM
  #2404  

 
AZDavid's Avatar
 
Join Date: Jul 2004
Location: Phoenix, AZ
Posts: 5,390
Likes: 0
Received 1 Like on 1 Post
Default

No rate cut (which shouldn't happen anyways)

http://www.bloomberg.com/apps/news?pid=206...IF3Y&refer=home
AZDavid is offline  
Old 08-15-2007, 10:02 PM
  #2405  
Registered User
 
SilverKnight's Avatar
 
Join Date: Mar 2004
Location: Seattle
Posts: 10,418
Likes: 0
Received 0 Likes on 0 Posts
Default

ehhhh I have a feeling if things get REALLY bad in Sept, something will happen with rates. What will happen to all those 401 ks etc with people screaming about retirement

For the ETFs listed, DOG etc how long would you recommend holding those for? a few weeks? 1 month?

Aftermarket for DOW is hovering around negative 160-200....
SilverKnight is offline  
Old 08-15-2007, 10:30 PM
  #2406  
Registered User

 
tritium_pie's Avatar
 
Join Date: May 2003
Location: Vegas baby!!
Posts: 4,543
Received 0 Likes on 0 Posts
Default

Originally Posted by wantone,Aug 15 2007, 09:52 PM
So assuming we had a crystal ball and knew that a fierce bull market would come, which stocks would you buy without hesitation???
it depends on which ones end up "unfairly" beaten down. and I'm anticipating at least one or two quarters to pass before this bear goes back into hibernation... so the quarterly results will of course play a large part.

if-- for some amazing reason-- the stock market finds reason to turn around this week and the bulls start stampeding-- I'd probably stick with my selections from several weeks ago.
tritium_pie is offline  
Old 08-16-2007, 02:58 AM
  #2407  

 
WyattH's Avatar
 
Join Date: Sep 2004
Location: PNW
Posts: 8,106
Likes: 0
Received 2 Likes on 2 Posts
Default

I agree with the PIE on all counts.
WyattH is offline  
Old 08-16-2007, 03:16 AM
  #2408  

 
WyattH's Avatar
 
Join Date: Sep 2004
Location: PNW
Posts: 8,106
Likes: 0
Received 2 Likes on 2 Posts
Default

Hey guys, I am doing this Fantasy Stock Exchange game on Facebook.

So far I am going fully hedged against the market - purchasing QID, DOG, SH...

I am shorting IBs, RIO, MT, CVX, COP, CX, NYX, LEH, KFN, etc etc.
I bought a little EMC for the hell of it.

Any suggestions? If you could short anything, what would it be?
Purchase?

Fun game.
WyattH is offline  
Old 08-16-2007, 03:40 AM
  #2409  
Registered User

 
sahtt's Avatar
 
Join Date: Feb 2005
Posts: 3,409
Likes: 0
Received 0 Likes on 0 Posts
Default

Music is turned up a little and people have tapped the kegs but the party isn't even rowdy yet and it'll be a while before the cops show up.

I can finally say the party is getting started.

Either get cash or hedge yourself through cthree's ideas. If you are just now bailing out you better have been taking incremental profits or shame on you..
sahtt is offline  
Old 08-16-2007, 05:28 AM
  #2410  
Registered User
Thread Starter
 
wantone's Avatar
 
Join Date: Nov 2001
Location: La La Land
Posts: 29,845
Likes: 0
Received 1 Like on 1 Post
Default

Woke up early for today's market opening...
wantone is offline  


Quick Reply: Official Let's Make Some Money Off Stocks Thread...



All times are GMT -8. The time now is 02:26 AM.