Official Let's Make Some Money Off Stocks Thread
07-22-2008, 01:10 PM
#452
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^well... u gotta give dropping oil prices some credit...
oil drops, people shift their tech holdings (previously, more immune to rising oil) to other sectors? i dunno...
oil drops, people shift their tech holdings (previously, more immune to rising oil) to other sectors? i dunno...
07-22-2008, 01:17 PM
#453
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Looks like my holding in ISRG should do well tomorrow.....beat earnings by $.10/share.
I also picked up some ICE yesterday......its my contrarian pick.
I also think NDAQ and NYX should do fine long term.
good thing oil and NG are finally staging a pullback....hopefully this continues so this fall I can buy some more shares in futures and equities of these fine underpriced companies.
Keep buying all over at these low prices of solid companies.
I still don't like the financials or housing....I just don't see the bull case right now.....but to each their own....I can see the contrarian view....and understand it.
I also picked up some ICE yesterday......its my contrarian pick.
I also think NDAQ and NYX should do fine long term.
good thing oil and NG are finally staging a pullback....hopefully this continues so this fall I can buy some more shares in futures and equities of these fine underpriced companies.
Keep buying all over at these low prices of solid companies.
I still don't like the financials or housing....I just don't see the bull case right now.....but to each their own....I can see the contrarian view....and understand it.
07-22-2008, 01:26 PM
#454
[QUOTE=trainwreck,Jul 22 2008, 02:10 PM] ^well... u gotta give dropping oil prices some credit...
oil drops, people shift their tech holdings (previously, more immune to rising oil) to other sectors?
oil drops, people shift their tech holdings (previously, more immune to rising oil) to other sectors?
07-22-2008, 06:02 PM
#456
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This guy knows his stuff.....and its funny how well he predicted everything!
http://youtube.com/watch?v=DVtT6spfffI&feature=related
http://youtube.com/watch?v=IrpPsOvHUU8&feature=related
http://youtube.com/watch?v=xgRgGKxXbCw&feature=related
The other guy is completely WRONG!
http://youtube.com/watch?v=DVtT6spfffI&feature=related
http://youtube.com/watch?v=IrpPsOvHUU8&feature=related
http://youtube.com/watch?v=xgRgGKxXbCw&feature=related
The other guy is completely WRONG!
07-22-2008, 07:19 PM
#457
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It's a large scale short covering rally. The top 150 stocks with the highest short % of the float rallied 15%, 2% on the flip side with the lowest 150 % of float short.
The government's actions will not add value or earnings to struggling banks. Putting a floor under fannie and freddie is not a solution. I'm still long C and UYG but I'll be buying the skf once I sell UYG.
The government's actions will not add value or earnings to struggling banks. Putting a floor under fannie and freddie is not a solution. I'm still long C and UYG but I'll be buying the skf once I sell UYG.
Lets see how long this rally will last. It's bear hunting season Mr bear 