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Official Let's Make Some Money Off Stocks Thread

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Old 01-28-2009, 07:55 AM
  #1891  
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ATVI is down 2% before earnings even though the rest of the market is on the rise before this stimulus package. Earnings are announced today at 430EST so I dont know what to expect... may be a good day trade opportunity.
Old 01-28-2009, 09:25 AM
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Does anyone in here think I should take my 1.2k profit and run or should I wait and see how the stimulus plan works out?
Old 01-28-2009, 09:41 AM
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Depends how much you put in?
Old 01-28-2009, 09:47 AM
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If anything, at least take SOME off the table and buy again if there is a chance at lower levels.

I took some off a week ago and never bought back at lower prices. Now they are back where I sold.
Old 01-28-2009, 02:27 PM
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$5,300
Old 01-28-2009, 09:14 PM
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<span style='font-size:14pt;line-height:100%'>WHEN IS IT GOING TO STOP????????????</span>

http://online.wsj.com/article/SB123319689681827391.html
Old 01-28-2009, 10:40 PM
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Originally Posted by AZDavid' date='Jan 29 2009, 12:14 AM
WHEN IS IT GOING TO STOP????????????
If by "it" you mean our financial situation today... Nobody knows, even the people involved with the issues at the deepest level. It's not that they're not telling - they simply don't quite understand what they've done. Read - http://www.portfolio.com/news-markets/nati...ll-Streets-Boom It's more than just a lack of market confidence and consumer spending. It's more than just subprime, ARM, interest-only, upside-down mortgages. It's more than just banks short on capital. It's more than just CDOs and CDSs. It's more than just leveraging. It is, so far, a rabbit hole with an unknown bottom.

I've actually read numbers saying things like "$60 trillion." That's with a "t", like $60,000 billion, or $60 million million. About two-hundred grand for every living US citizen.

Unless by "it" you mean attempted government interventions - well, dunno that one, you'll have to ask Bush, Obama, Bernanke, et al. I'm still not sure what the proper response to the situation is. YMMV.
Old 02-04-2009, 09:08 AM
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Any reason why commodities are up HUGE today?
Old 02-04-2009, 03:49 PM
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buy gold long traders are shaking the gold market.... gold is going up...

buy abx
Old 02-04-2009, 09:50 PM
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Don't buy after the move has already been made. I've been trading GLD to the long side for a while.

Just a warning, BAC preferreds were trading like BAC is going to zero or very close to it. Expect "breaking news" very soon. People were dumping 10-100k lots every 15 minutes towards the end of the day, roughly 20% of their usual average total trading volume in each block dropped.


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