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Official Let's Make Some Money Off Stocks Thread

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Old 10-06-2008, 10:20 AM
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Look at National city (NCC)its down something like 35% this morning good time to buy ? im getting antsy
Old 10-06-2008, 10:52 AM
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Clint Eastwood said it best -
Old 10-06-2008, 12:50 PM
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i actually made $10 today. yeah for coming out a winner!!!
Old 10-06-2008, 01:25 PM
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Originally Posted by mugens2003,Oct 6 2008, 12:20 PM
Look at National city (NCC)its down something like 35% this morning good time to buy ? im getting antsy
No. If you want gamble at least buy one of the banks that will be buying it's assets for pennies and dumping the liabilities on the gov't when it rolls over. In a few weeks there will likely have been a large enough run on deposits due to bad PR where it gets taken over.
Old 10-06-2008, 01:26 PM
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I bought some HGT, PWE and canadian oil sands.



will continue buying on this pullback from here on out in large amounts. Bottom for oil is looking like $80/barrel.


Will hold long term.

I expect oil to be $400-600 by 2015.

Old 10-06-2008, 01:37 PM
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Oil still has a ton of downward pressure for the foreseeable future. A global recession could lead to deflation in commodities. Not to mention all of the alternative fuel initiatives that were begun in the past several years.

We could see cheap gas again unfortunately, no one will be able to afford it since they don't have a job to go to or a car to ride in.
Old 10-06-2008, 01:39 PM
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Originally Posted by bat711,Oct 6 2008, 01:37 PM
Oil still has a ton of downward pressure for the foreseeable future. A global recession could lead to deflation in commodities. Not to mention all of the alternative fuel initiatives that were begun in the past several years.
good....more to buy at deflated prices.



As long as I have a job.....I will continue to buy.


Short term....things do look ugly....long term.....these prices have never looked better.

Old 10-06-2008, 01:50 PM
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^ As long as I got a job I'm buying up solid companies that will do good in 3-4 years time.
Old 10-06-2008, 02:10 PM
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Originally Posted by lOOkatme,Oct 6 2008, 02:39 PM
As long as I have a job.....I will continue to buy.


Short term....things do look ugly....long term.....these prices have never looked better.


i am gonna keep buying all teh way down
Old 10-06-2008, 02:37 PM
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http://www.youtube.com/watch?v=tNBX--B0Czw



Actually a pretty good clip on how "new" money is issued.



and how money is "created" out of thin air


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