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Official Let's Make Some Money Off Stocks Thread

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Old 09-19-2008, 07:15 AM
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Did you guys go into the financials today like Cthree was saying because they are insane.
Old 09-19-2008, 07:17 AM
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Anyone taking profits out today?
Old 09-19-2008, 07:19 AM
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Yes

WFC, MS, GS... and.. WM.. with a little FTI on the side Was a good morning.. but I'm out now and going to get Thai food.
Old 09-19-2008, 07:29 AM
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You must be one very happy person right now.
Old 09-19-2008, 08:33 AM
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Theres alot of green in my portfolio. Im up 6% on the day as a whole!
Old 09-19-2008, 08:45 AM
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Hey, good thing I sold at the bottom yesterday and totally ****ed myself. I'm loving today. Nothing like cash, especially when it's less cash than you had yesterday.

cthree, I don't see the point in buying MS/GS when they opened up 30%. I'm late for every trade.

- Warren
Old 09-19-2008, 08:59 AM
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Been following the more "sound" financial firms, up 40-50% for the week.

I took a little gamble and bought when everyone was running for the hills earlier this week.

Can't say I'd buy GS or MS, just too much risk there for my liking, but good $$$ to be made if played right.

I came oh so close to scooping up WB earlier this week at $9, wish I had now!


Old 09-19-2008, 09:17 AM
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Originally Posted by sahtt,Sep 18 2008, 06:10 PM
If anything hesitated for two ticks, I got the **** out of there.
I can't do that all the time -- it would make me a pattern day trader, and I don't meet the margin requirements. I have to be somewhat judicious in what I buy and sell.

- Warren
Old 09-19-2008, 10:08 AM
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Well, I just lost another $75 on GNW. I got stopped out by what appears to be two or three seconds of prices under $13.75. Man, I just LOVE the stock market. Seriously, I'm out. **** it. I might as well pour my money down the ****ing drain. EVERYTHING I do turns out wrong.

- Warren
Old 09-19-2008, 10:39 AM
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Could yesterday have been the market bottom?


VIX at 6-year high, signals capitulation, recovery By Isabelle Clary

Posted: September 18, 2008, 4:03 PM EST

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The Chicago Board Options Exchange VIX volatility index, known as the


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