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
Priceline was close to $9 about a month ago...now...$2.25
Hope something good happens soon!!!!
Scot
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.
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.
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.
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
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
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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
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
"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.
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.






