Official Let's Make Some Money Off Stocks Thread
07-16-2008, 09:50 PM
#401
Originally Posted by AZDavid,Jul 16 2008, 01:08 AM
I think we will wake up to panic one of these mornings. That time is going to be sooner than later.
07-17-2008, 06:28 AM
#403
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Up 28% on the UYG in 36 hours and back to par with C. Disappointed in YUM but i bought it for growth in the developing countries and i absolutely assure you people in china at least devour KFC and Pizza hut like there is no tomorrow. It's almost the exact same cost as in the US as well and pizza hut is actually more expensive. That being said, it would be classified as a 'nice' restaurant in the states and far from fast food. I will wait for a few indicators to say it's settling and will get my next 3rd of the position.
Zecco has my atvid position as 100% profit with no average cost but oh well.
I'm getting my piece of the rally obviously but be aware the party is still not over and more losses are absolutely to come.
Zecco has my atvid position as 100% profit with no average cost but oh well.
I'm getting my piece of the rally obviously but be aware the party is still not over and more losses are absolutely to come.
07-17-2008, 07:41 AM
#405
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Thread Starter
Originally Posted by Bri,Jul 17 2008, 12:44 AM
where did you get this from and how did you know?
good job on your positions!
good job on your positions!
Two things:
1) You've got to be in it to win it;
2) It's better to be lucky than good.
Don't be afraid to speculate and anytime it looks like the end of the world it probably isn't. I turned on Bloomberg and OMFG you would think the second coming of Christ was happening on Wall Street. I simple hedge my bets and put down a couple of speculative bets that those who were calling for a complete and total meltdown of the US financial system were wrong.
You make all of your money at the top and bottom the rest is just noise. It takes balls to sell stocks at the top and to buy stocks when all seems lost. Speculate a little if just for fun.
07-17-2008, 10:13 AM
#408
Originally Posted by cthree,Jul 17 2008, 07:41 AM
Thanks.
Two things:
1) You've got to be in it to win it;
2) It's better to be lucky than good.
Don't be afraid to speculate and anytime it looks like the end of the world it probably isn't. I turned on Bloomberg and OMFG you would think the second coming of Christ was happening on Wall Street. I simple hedge my bets and put down a couple of speculative bets that those who were calling for a complete and total meltdown of the US financial system were wrong.
You make all of your money at the top and bottom the rest is just noise. It takes balls to sell stocks at the top and to buy stocks when all seems lost. Speculate a little if just for fun.
Two things:
1) You've got to be in it to win it;
2) It's better to be lucky than good.
Don't be afraid to speculate and anytime it looks like the end of the world it probably isn't. I turned on Bloomberg and OMFG you would think the second coming of Christ was happening on Wall Street. I simple hedge my bets and put down a couple of speculative bets that those who were calling for a complete and total meltdown of the US financial system were wrong.
You make all of your money at the top and bottom the rest is just noise. It takes balls to sell stocks at the top and to buy stocks when all seems lost. Speculate a little if just for fun.