Official Let's Make Some Money Off Stocks Thread
09-09-2008, 11:22 AM
#953
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Well now, I see the whole darn market is in free fall! I got out of T for a nice profit this morning, watched AAPL take a huge dump (touching $150 now!) and figured this is a buying opportunity. Of course my $152 buy is under water right now...
09-09-2008, 11:58 AM
#954
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Damn there are some great values out there slowly developing. I have a limit to buy more NOV under 50 in my long term account. I bought some apple under 150 for a trade, I'll let it go if it climbs another dollar before the close.
09-09-2008, 03:40 PM
#956
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Wow... I just started working at my new job, so I can't track the market. But WOWWWWWWWWWW everything is getting owned. I'm glad I sold everything to cash.
Except my Roth IRA is down 25% YTD =)
Except my Roth IRA is down 25% YTD =)
09-09-2008, 04:53 PM
#957
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Based on what I've heard down 25-30% is normal, and if actively managed it's been worse, closer to 35-40%. I don't know what mine's status is this year but I'd say it's about flat as of this week for the year with the energy stocks getting obliterated, which is just under 20% of my holdings. YUM is still up 15 or 20% for me, ATVI is still doing fairly well and I have a ton of shares after that split, I sold a bunch of energy when oil fell back in the mid 130's but not enough apparently.
09-09-2008, 06:01 PM
#959
Originally Posted by sahtt,Sep 9 2008, 12:58 PM
Damn there are some great values out there slowly developing. I have a limit to buy more NOV under 50 in my long term account. I bought some apple under 150 for a trade, I'll let it go if it climbs another dollar before the close.
09-09-2008, 06:22 PM
#960
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Its only a bargain if it doesn't get any cheaper and I can't say it's not. All of my trades are belly up and I think I'll just sit it out until there is some kind of good news to report. Right now there is none.