Official Let's Make Some Money Off Stocks Thread
#2263
Registered User
Join Date: Aug 2003
Location: Portsmouth, NH
Posts: 1,156
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by kix,Sep 9 2009, 10:19 AM
Hope you still have DPTR
bought some FSLR last week in the low 120's as well and they're paying dividends. i honestly think this stock is poised for a very bright future.
#2266
Registered User
Current thinking:
I bought long positions on last month's bad news (low 40). Current prices don't feel like a buy. Their fundamentals have little correlation with the daily price moves. This stock is mostly a gamble as any 787 news will cause significant price fluctuation. This doesn't feel like a good long term bet, I'm planning to dump after the first 787 flight.
I bought long positions on last month's bad news (low 40). Current prices don't feel like a buy. Their fundamentals have little correlation with the daily price moves. This stock is mostly a gamble as any 787 news will cause significant price fluctuation. This doesn't feel like a good long term bet, I'm planning to dump after the first 787 flight.
#2267
Registered User
Join Date: Jul 2001
Location: Yorba Linda, CA
Posts: 6,592
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by jerrypeterson,Sep 16 2009, 10:40 AM
Their fundamentals have little correlation with the daily price moves.
If you're looking for signal, you should look at weekly or monthly prices (or returns).
#2268
Former Sponsor
So is everyone still think s&p 500 is going down? I've stayed in and continues to climb.
Keep hearing people say it will plummet but that was being said when it got up to 800. Closing in on 1100 now.
Keep hearing people say it will plummet but that was being said when it got up to 800. Closing in on 1100 now.
#2269
Registered User
In my mind the question is a little different. Will the DJIA break 10,000? This seems to be the next major psycological barrier. The Bulls have momentum on their side right now and long term news appears to be positive. This would support the upward trend but not necessarily the current price ratios.
While we are heavily speculating, I tend to trade on what the average joe thinks. If I feel sentiment is going to change, I will reevaluate my positions. It doesn't feel like the other shoe is going to drop right now, but the next support level has me rather cautious. More than likely, I'm not alone.
While we are heavily speculating, I tend to trade on what the average joe thinks. If I feel sentiment is going to change, I will reevaluate my positions. It doesn't feel like the other shoe is going to drop right now, but the next support level has me rather cautious. More than likely, I'm not alone.
#2270
Registered User
Join Date: Apr 2005
Location: Hollister, CA
Posts: 1,511
Likes: 0
Received 0 Likes
on
0 Posts
Since the general market only really affects my 401K and I'm nowhere near retirement age I tend to be more stock specific. I have however cut half my positions for an anticipated pullback, (that does not seem to materialize.)
However I'm not putting on any more positions until after earnings season.
Don
However I'm not putting on any more positions until after earnings season.
Don