Official Let's Make Some Money Off Stocks Thread
#1621
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I was down 16% at the end of Sept, but Oct was another story! Now down about 30%.
I'm still lying low as far as putting any serious money in the market right now. I kept the monthly allotment to my investment company, but it's not major. My major investment in the past 1.5 years has been in remodeling the kitchen and guest bath in my condo. That will pay off big time where I am located. And I get the benefit of living in a nicer place while it does.
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#1623
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Originally Posted by AZDavid,Nov 14 2008, 02:27 PM
The market is out of control! The only thing that could explain bouncing this far off the daily low is shorts covering before the big G20 meeting this weekend.
#1626
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That's because this market operates strictly off emotions. There is no way to make any decisions using fundamental analysis, that has gone by the wayside. Hedge funds and insiders can swing the market at will.
Scary times...
Scary times...
#1627
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There'd be a lot more postings if this weren't the "MAKE SOME MONEY off stocks" thread
I have been posting up a storm in the "wait for the turn around" thread...
I have been posting up a storm in the "wait for the turn around" thread...
#1628
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I said we should have a "Let's Lose our @ss" thread. But seriously, my action is slowed WAY down. There's a time to be conservative. I'd brag about my AAPL buy at $90 but, um, even that is under water right now...
#1629
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does anyone know about investing on the Dow Jones average? i dont even know if this is something you can do, its just something my dad is saying he has heard about. Basically instead of buying stocks on a particular company you buy in at whatever the entire Dow average is and if that average goes up or down is how you make or lose money.
#1630
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Originally Posted by Clutch.,Nov 17 2008, 08:14 PM
does anyone know about investing on the Dow Jones average? i dont even know if this is something you can do, its just something my dad is saying he has heard about. Basically instead of buying stocks on a particular company you buy in at whatever the entire Dow average is and if that average goes up or down is how you make or lose money.
DXD = Short Dow