Off-topic Talk Where overpaid, underworked S2000 owners waste the worst part of their days before the drive home. This forum is for general chit chat and discussions not covered by the other off-topic forums.

Stock market - when is it time to JUMP in???

Thread Tools
 
Old Sep 20, 2001 | 05:27 PM
  #1  
Scot's Avatar
Thread Starter
20 Year Member
 
Joined: Oct 2000
Posts: 17,288
Likes: 39
From: Nashville
Default Stock market - when is it time to JUMP in???

I see boeing is now under $30 from about $55 less than a month ago..... aren't we going to be ramping up on military stuff, which boeing makes???

Priceline was close to $9 about a month ago...now...$2.25

Hope something good happens soon!!!!

Scot
Reply
Old Sep 20, 2001 | 05:33 PM
  #2  
Mindcore's Avatar
Former Moderator
25 Year Member
Former Moderator
 
Joined: Oct 2000
Posts: 16,175
Likes: 0
From: Erock is da shizzle
Default

I wouldn't be too quick to jump on Priceline, this will really seperate the men form the boys. Boeing on the other hand, hell buy now, it may go lower, but it will defiantly go up.
When I get my commish, at the end of the month, I'm going shopping. I hope that the US economy, and likewise Canada as well picks up soon.
I don't want to be bitching a year from now, Like I was a few months ago looking back at last October. I could bought anything back then and made money. The time is here again.
Reply
Old Sep 20, 2001 | 05:46 PM
  #3  
Sunchild's Avatar
Registered User
20 Year Member
 
Joined: Oct 2000
Posts: 1,197
Likes: 0
From: NYC
Default

Get in now!! Everyone BUY, BUY, BUY!!!!!!! It's your patriotic duty!
Reply
Old Sep 20, 2001 | 06:12 PM
  #4  
taylor01's Avatar
Registered User
 
Joined: Jun 2001
Posts: 502
Likes: 0
From: Charlotte
Default

Cisco and EMC. 12.88 and 12.62!
Reply
Old Sep 20, 2001 | 06:53 PM
  #5  
Tanqueray's Avatar
Registered User
 
Joined: Mar 2001
Posts: 1,731
Likes: 0
From: Phoenix
Default

Every stock I follow is cheap. Intel is down 75% from its hgh; AMD is down nearly 90%; Cisco has fallen off a cliff. Personally, I think that this is as low as it can go. My cash is going into a tech index fund.
Reply
Old Sep 20, 2001 | 07:58 PM
  #6  
Psicho54's Avatar
Registered User
 
Joined: Jul 2001
Posts: 1,347
Likes: 0
From: Bay Area/LA
Default

buy tech, buy energy, buy all sorts of bluechips NOW
Reply
Old Sep 20, 2001 | 08:11 PM
  #7  
DoGMaN's Avatar
Registered User
Gold Member (Premium)
20 Year Member
 
Joined: Jul 2001
Posts: 10,790
Likes: 0
From: I make Erock better
Default

I tend to buy a lot of stock, and right now regardless of what the market does today, or tomorrow its going to be a hell of a lot better later.

As far as buying Boeing....I don't think so.

Cisco, Avaya, Ballard Fuel Cells are likely all good bets, high tech communications and alternative fuels with big orders...plus looking to get out of Oil as a fuel is likely something that could happen.

Sunchild makes a good point, not only is it a Patriotic duty to support the finances of North America, it also supports the way of life that up until last week we all probably took for granted.

Ride the wave baby, it'll go down but it'll go up eventually and you might see some incredible gains if you research it and play it right.

Vince
Reply
Old Sep 20, 2001 | 08:26 PM
  #8  
SilverFog's Avatar
Registered User
 
Joined: Mar 2001
Posts: 635
Likes: 0
From: British Columbia
Default

[QUOTE]Originally posted by Sunchild
[B]Get in now!!
Reply
Old Sep 20, 2001 | 10:22 PM
  #9  
calc's Avatar
Registered User
 
Joined: Jun 2001
Posts: 1,020
Likes: 0
From: San Diego
Default

If I had any loose change floating around (it's all tied up in stocks), I'd be buying. If you're a conservative investor, consider a Standard & Poors Index Fund. My broker was saying today that it has outpaced 90% of the managed mutual funds for the last 10 or 15 years.

The tide will turn and all the wimps who are selling now will be banging their heads against the wall. I have good stocks and I'm going to hold onto them for a good long while.

cal
Reply
Old Sep 21, 2001 | 02:20 AM
  #10  
charlie's Avatar
Registered User
20 Year Member
 
Joined: Oct 2000
Posts: 3,698
Likes: 0
From: Deptford, New Jersey
Default

"never try to catch a falling knife" I am still invested in stocks but have a bigger than ever cash position.
Its still early to jump in. Ther is too much uncertainty. Also do not look at stock prices to determine if they are cheap. PE ratios, near term outlook, trends, all these factor way more into a stock price. A stock looking cheap compared to its value last year is a losing strategy. IMO of course.

Also today is "triple witching" look for lots of wild swings in the market. I am looking for 7-10 % more on the down side before nibbling.
Reply



All times are GMT -8. The time now is 12:40 AM.