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Official Let's Make Some Money Off Stocks Thread

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Old 09-01-2009, 11:51 AM
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So who has FAZ today,.. Cha Ching!
Old 09-09-2009, 07:19 AM
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Originally Posted by therookie,May 29 2009, 08:55 AM
fwiw, took up spec positions in DPTR and HERO.
Hope you still have DPTR
Old 09-09-2009, 08:19 AM
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Originally Posted by kix,Sep 9 2009, 10:19 AM
Hope you still have DPTR
past two days have been nice.

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.
Old 09-09-2009, 12:17 PM
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Anyone playing FIG? I have quite a bit and am loving it today!

Don
Old 09-16-2009, 09:41 AM
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Thoughts on Boeing?
Old 09-16-2009, 10:40 AM
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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.
Old 09-16-2009, 11:45 AM
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Originally Posted by jerrypeterson,Sep 16 2009, 10:40 AM
Their fundamentals have little correlation with the daily price moves.
Not to put too fine a point on it, but daily price movements are mostly noise; not much of anything will have a strong correlation with daily stock price movements.

If you're looking for signal, you should look at weekly or monthly prices (or returns).
Old 09-22-2009, 08:24 AM
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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.
Old 09-22-2009, 08:49 AM
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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.
Old 09-22-2009, 06:23 PM
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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


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