Official Let's Make Some Money Off Stocks Thread
05-07-2009, 06:13 AM
#2091
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The biggest bull runs happen in bear markets. This bear is no exception it seems. I for one am more of a buy and hold kind of guy. Not alot of active trading so instead of wondering when the next bull run in this bear will be or trying to time my sell and buy...I am going to sit on what I have and wait for us to pull out. Im 28 so if its 2010 cool, if its 2011, no problem. 2038...still probably in good shape. I know everyone is saying another dip is coming, and possibly a huge dip but I can ride that. Im in it for the long haul. Not to mention the great return I am getting on my dividends these days!!
05-07-2009, 07:42 AM
#2092
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The question is, are all the trailing indicators (i.e. unemployment, suction from TARP) trailed off?
I wouldn't sit around for leading indicators in this bear market - chances are they'll be priced in as they're posted (leading to the bull rush).
I wouldn't sit around for leading indicators in this bear market - chances are they'll be priced in as they're posted (leading to the bull rush).
05-07-2009, 09:38 AM
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Originally Posted by 8D_In_Trunk,May 7 2009, 07:42 AM
The question is, are all the trailing indicators (i.e. unemployment, suction from TARP) trailed off?
I wouldn't sit around for leading indicators in this bear market - chances are they'll be priced in as they're posted (leading to the bull rush).
I wouldn't sit around for leading indicators in this bear market - chances are they'll be priced in as they're posted (leading to the bull rush).
If you trade, what do you trade?
05-07-2009, 10:10 AM
#2095
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Originally Posted by Cyberous,May 7 2009, 09:38 AM
Do you even trade or just a commentator?
If you trade, what do you trade?
If you trade, what do you trade?
I let my broker take care of most of my crap. He f'd up the downturn, but my last quarter-to-quarter chart is looking okay (~12%)
As far as my funny munny, I've bought AAUK at 9.50, and looking to get CAT at 37, if it comes back down. My funny munny is looking at mining and construction.
But you should know that my bread and butter is commentary.
05-13-2009, 01:32 PM
#2096
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Originally Posted by cthree,May 5 2009, 02:12 PM
It's an old and tired mantra, pigs get slaughtered. A 30% rally and you haven't taken down those profits you're a pig. Keep in mind I haven't changed my basis. I had 750 shares @ $89.07 and I sold 250 of them today at $132.03. 50% gain, I sold 1/3rd of the stock. I'm right back where I started. I bought 5 $120 puts @ $3.10 as insurance on my remaining shares limiting my exposure to between $3.10 and $15.10 of losses. I've taken a guaranteed minimum 2% loss now with a guaranteed maximum loss of 11.5% through mid-June rather than expose my capital to whatever storm the market Gods may send my way. That's the strategy I took for my situation, you'll need to come up with your own to suit you.
This is why. I've got $3000 in my pocket I wouldn't have had if I held. Just FYI.
05-13-2009, 07:48 PM
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Originally Posted by cthree,May 13 2009, 01:32 PM
AAPL closed today at $119.--, that's $3000 in profit I didn't give back. Just illustrating the original question which was why take profits when you've had a big gain rather than just ride the sock down since you know that eventually it will recover.
This is why. I've got $3000 in my pocket I wouldn't have had if I held. Just FYI.
This is why. I've got $3000 in my pocket I wouldn't have had if I held. Just FYI.
I'm feeling better about my FIG trade today out at 6.25 (even though it had quite a bit of upside left), but max pain to those who held long today.
I picked up 100 LLY on 5/6 @ 34.11 but more of a dividend play because that stock is a snoozer.
Are we expecting a 20% retrace in financial? Interested in some WFC.
MADANT15-
Care to share any detials (or does your "broker" take care of that crap)?
My shorts cost about $24 from Old Navy
05-14-2009, 09:02 AM
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Originally Posted by wifeb123,May 14 2009, 07:43 AM
Big fan of stocks that have symbols that make words!
1. Natus Medical, Inc. and Dynamic Materials Corporation (BABY BOOM)
2. Hitachi Ltd. and Manpower, Inc. (HIT MAN)
3. Starwood Hotels & Resorts Worldwide, Inc. and General Employment Enterprises (HOT JOB)
4. Short Dow30 ProShares and Leggett & Platt, Inc. (DOG LEG) [Much better than Short Dow30 ProShares and WisdomTree International Dividend Top 100; look it up]
5. Fastenal Company and Meta Financial Group, Inc. (FAST CASH)
6. Southwest Airlines Company and Nestor, Inc. (LUV NEST)
7. Harris & Harris Group, Inc. and Total SA (TINY TOT)
8. Big Lots, Inc. and Manpower, Inc. (BIG MAN)
9. Ross Stores, Inc. and Duckwall-ALCO Stores, Inc. (RŌST DUCK)
10. Steris Corporation, Veolia Environnement SA and NYSE Group, Inc. (STE VE NYX) (Especially favored by fans of Fleetwood Mac)
11. Starwood Hotels & Resorts Worldwide, Inc. and Short Dow30 ProShares (HOT DOG)
12. ArvinMeritor, Inc. and Leggett & Platt, Inc. (ARM and LEG)
13. Stonemor Partners LP and AG Edwards, Inc. (STŌN AGE)
14. Big Lots, Inc. and Natus Medical, Inc. (BIG BABY)
15. ML Macadamia Orchards LP and General Employment Enterprises, Inc. (NUT JOB)
16. Boston Beer Company, Inc., Advanced Medical Optics, Inc. and American Greetings Corp. (SAM EYE AM)
17. Duckwall-ALCO Stores, Inc. and Superior Industries International, Inc. (DUCK SŪP)
18. Alcan, Inc., Eni SpA, and Caterpillar, Inc. (AL E CAT)
19. Dearborn Bancorp, Inc. and SIRVA, Inc. (DEAR SIR)
20. HearUSA, Inc. and Plug Power, Inc. (EAR PLUG)
21. Short Dow30 ProShares and Caterpillar, Inc. (DOG and CAT)
22. HearUSA, Inc. and HB Fuller Company (EAR FUL)
23. Advanced Medical Optics, Inc. and HB Fuller Company (EYE FUL)
24. Natus Medical, Inc. and Southwest Airlines Company (BABY LUV) (Especially favored by fans of Diana Ross and the Supremes)
25. Southwest Airlines Company and CBOT Holdings, Inc. (LUV BŌT)
26. Caterpillar, Inc., Manpower, Inc. and WisdomTree International Dividend Top 100 (CAT MAN DOO) (Especially favored by fans of Bob Seger)
27. Hitachi Ltd. and Mission Community Bancorp (HIT and MISS)
28. Harley-Davidson, Inc. and Washington Trust Bancorp, Inc. (HOG WASH)
29. Washington Trust Bancorp, Inc. and Boardwalk Bancorp, Inc. (WASH BŌRD)
30. Estee Lauder Companies, Inc. and Vanguard Industrials ETF (EL VIS)
31. Lowe