Official Let's Make Some Money Off Stocks Thread
09-17-2008, 09:06 AM
#1051
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Another big -300 day today. Guess everyone is guessing the world is going to end. Does anyone in here think it's wise to do some shopping here or should we wait till the DOW his lower?
09-17-2008, 09:07 AM
#1052
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/\ yea that takes some cajones! buy a lotto ticket.
I really like the market after this sell off last little while. A lot of technical bounces and patterns being followed right now by mm's.
picked up slw.to yesterday showing nice gains from purchase price and sold PM (which I was a little unsure about). AAPL stopped and I should have shorted it from 140 (bottom of monday's candle) but couldn't pull the trigger.
I really like the market after this sell off last little while. A lot of technical bounces and patterns being followed right now by mm's.
picked up slw.to yesterday showing nice gains from purchase price and sold PM (which I was a little unsure about). AAPL stopped and I should have shorted it from 140 (bottom of monday's candle) but couldn't pull the trigger.
09-17-2008, 09:14 AM
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Originally Posted by PearlwhiteS2k,Sep 17 2008, 12:10 PM
Hey Chris are u doing any shopping here?
Yesterday's rally was false hope, so i'll wait for my signals to turn ripe. and leave my LT position as is for now.
09-17-2008, 12:18 PM
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Alright guys. Were all on the same boat together and the market is free falling. If you guys don't need the money now, please don't sell at the bottom of the market because it's the worst mistake you can do.
I went through this already last year during August/ Sept. I know this time it's gotten bigger and much more worst. Lets just sit back and look long term 2-5years. Start picking up small chucks of stocks that you still like for future growth and don't double your money here yet.
Nate
I went through this already last year during August/ Sept. I know this time it's gotten bigger and much more worst. Lets just sit back and look long term 2-5years. Start picking up small chucks of stocks that you still like for future growth and don't double your money here yet.
Nate
09-17-2008, 12:43 PM
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Originally Posted by PearlwhiteS2k,Sep 17 2008, 03:18 PM
Alright guys. Were all on the same boat together and the market is free falling. If you guys don't need the money now, please don't sell at the bottom of the market because it's the worst mistake you can do.
I went through this already last year during August/ Sept. I know this time it's gotten bigger and much more worst. Lets just sit back and look long term 2-5years. Start picking up small chucks of stocks that you still like for future growth and don't double your money here yet.
Nate
I went through this already last year during August/ Sept. I know this time it's gotten bigger and much more worst. Lets just sit back and look long term 2-5years. Start picking up small chucks of stocks that you still like for future growth and don't double your money here yet.
Nate
09-17-2008, 12:46 PM
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It's part of invest bro, You can't expect the DOW keep on moving up without any type of big correction. Also you got to have bear markets too. Look at the past of the DOW. There's always a big sell off like, what were having today in the past and it's come back up. Example 87 crash, dot com burst, sept 11 and now sub prime.
If you don't got a stomach and risk tolerance for this type of market. You really IMO shouldn't be investing at all in the markets.
Nate
If you don't got a stomach and risk tolerance for this type of market. You really IMO shouldn't be investing at all in the markets.
Nate