Official Let's Make Some Money Off Stocks Thread
#372
Originally Posted by cthree,Jul 15 2008, 12:10 PM
Hard selloff into a mid-day reversal spells rally baby!
All you have to do is look at the market junk to see it is shorts covering.
#373
Registered User
Originally Posted by AZDavid,Jul 15 2008, 10:21 AM
Seems like our government is headed in more of a socialist direction. Anyone else get that feeling?
freed up some cash...time to go shopping again yay.
anyone buying OIL on this dip?
#375
Originally Posted by trainwreck,Jul 15 2008, 11:34 AM
sad part is, the hardest hit is the middle class...guys driving s2ks and not ferraris.
#376
Originally Posted by trainwreck,Jul 15 2008, 11:34 AM
i get that feeling all the time. sad part is, the hardest hit is the middle class...guys driving s2ks and not ferraris.
freed up some cash...time to go shopping again yay.
anyone buying OIL on this dip?
freed up some cash...time to go shopping again yay.
anyone buying OIL on this dip?
#379
I'm a little frustrated because I don't want to risk accessing my account right now. I'm in hangzhou and have been using my friend's lap top but there is no wireless here. He's running a specialty linux operating system that I trust but I'm on a hotel computer now and am not brave enough to mess with my account.
I spoke to a friend in shanghai and he told me the SKF was over 200 this morning after not watching the markets for a couple days. The indy and fannie/freddie stuff is all over the international news, even the stations that primairly only talk about chinese/asian markets. I have an enormous amount of reading to do when I get some time.
I stopped out of MRO and C while I was traveling around beijing and shanghai. I think I had a limit order in for the UYG that has most likely hit which I was wanting to adjust but didn't have any safe internet access to do so. It was just a small position but sentiment internationally at least is that the bailout was nothing more than desperation and far from confidence inspiring.
Earlier today I was in a famous tea house which overlooks the most famous part of hangzhou, a large lake. A couple friends were with me and one asked what day it was and none of us knew. There is certainly a value to not knowing what day it is, even if the stock market is seemingly collapsing.
I spoke to a friend in shanghai and he told me the SKF was over 200 this morning after not watching the markets for a couple days. The indy and fannie/freddie stuff is all over the international news, even the stations that primairly only talk about chinese/asian markets. I have an enormous amount of reading to do when I get some time.
I stopped out of MRO and C while I was traveling around beijing and shanghai. I think I had a limit order in for the UYG that has most likely hit which I was wanting to adjust but didn't have any safe internet access to do so. It was just a small position but sentiment internationally at least is that the bailout was nothing more than desperation and far from confidence inspiring.
Earlier today I was in a famous tea house which overlooks the most famous part of hangzhou, a large lake. A couple friends were with me and one asked what day it was and none of us knew. There is certainly a value to not knowing what day it is, even if the stock market is seemingly collapsing.
#380
Originally Posted by PearlwhiteS2k,Jul 15 2008, 11:00 PM
Is having 8% cash, a good idea in these market condition?