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+--- Thread: Stock Market Thread (/showthread.php?tid=7719)
Re: Stock Market Thread - ViPER1313 - 07-29-2011
Back from the dead...
Good time to invest?
My thinking: Everyone is rattled about the debt ceiling and stocks are down, 99.9% chance a last minute deal will come around and things will rebound. Quick profit :dunno:
Re: Stock Market Thread - Ole - 07-29-2011
Are you investing or trading?
Re: Stock Market Thread - ViPER1313 - 07-29-2011
Myself - probably neither. My thinking was more along the lines of short term investment (1 to 3 months) not quick trading.
Re: Stock Market Thread - D_Eclipse9916 - 07-29-2011
The stock market hasnt really taken into account the debt ceiling as you would think. Unless you find a very undervalued stock, It probably isnt even worth the fees.
My uneducated view from what ive been watching as I was interested too.
Re: Stock Market Thread - Mike - 07-29-2011
ViPER1313 Wrote:stocks are down
they are?
if anything, i think this is a time to get out. i'm nearing a year of holding the major stock i'm invested in so i'm gonna hold on to get those tax breaks. if i was already in a year, i'd be pulling out BIG TIME. panic = people sell. buy after the panic.
Re: Stock Market Thread - WRXtranceformed - 07-29-2011
I've been investing heavily in IRAs, mutual funds, and a sick variable(ish) life policy which kind of spreads your risk. I've always thought trading would be fun and interesting, but it's basically a form of gambling imo and gambling is not something that the good Lord has given me the talent to do well.
Re: Stock Market Thread - Apoc - 07-29-2011
Your gift is pwning n00bs.
Re: Stock Market Thread - Mike - 07-29-2011
doin work.
Re: Stock Market Thread - Kaan - 07-29-2011
<3 my doing work machine is home...
Re: Stock Market Thread - Kaan - 07-29-2011
rofl
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apple needs to bail out the government lol
Re: Stock Market Thread - HAULN-SS - 07-29-2011
Man, CNN loves to run a good Apple Commercial about once a week or so!
Re: Stock Market Thread - Evan - 07-29-2011
ViPER1313 Wrote:Myself - probably neither. My thinking was more along the lines of short term investment (1 to 3 months) not quick trading.
high risk for that timeframe. for short term investments id stay cash for sure! trading is another matter entirely but you really have to know what you are doing.
my theories on what could happen.
-no debt raise: investors pull out of bonds since they are downgraded, go into the market, so stocks go up. unlikely to happen IMO because...
-no debt raise: downgrade in debt means problems for banks (downside of QE2), which means less lending, companies hoard cash and layoff which is bad for the market
2 is much more likely to happen than 1 (says recent history with the euro /greece debacle). not a time to invest IMO! If you want to trade, buying small amounts of options would be a good idea, volatility is a sure thing. id probably buy puts over calls. or straight shorting if you want to take some risk.
initial response will probably be an overreaction and a huge dip followed by rebound. thats dirty sexy money for a day trader.
if the debt ceiling is raised, i think the market will go up, but not a ton, probably to what it was early july, maybe a little higher due to emotion then settle.
id love to day trade, but its just impossible with an office job.
just my holiday inn express opinion
Re: Stock Market Thread - flintster55 - 08-01-2011
I have been day/swing trading for the last couple months with some success. I have a pretty simple strategy using charts and indicators and as long as you can trade without emotion, it works pretty well. I sold my last play on Friday (7/22) and it looks like that has proven to be a good decision. I'm still sitting on my funds and will probably wait until the deal progresses a little further though, hopefully sometime tomorrow.
Re: Stock Market Thread - WRXtranceformed - 08-03-2011
I need to liquidate a large amount of blue chips stocks so I can reallocate the investment...doesn't look like it's going to happen any time soon
Re: Stock Market Thread - Apoc - 08-03-2011
The losses are sunk costs at this point. You're better off just putting into what will get the best growth for the timeframe you're investing for. It doesn't make sense to wait for things to return when you could be making money elsewhere.
Re: Stock Market Thread - WRXtranceformed - 08-03-2011
Ben and i talked about it, we both agreed that it is best to wait until the market rebounded slightly. ive had these stocks for so long that there isnt any loss involved, id just like to maximize what im pulling out of them.
Re: Stock Market Thread - Apoc - 08-03-2011
If you're waiting for an indication the market is rebounding, I can see it... but it doesn't make any sense to hold on to them if you think you can get a better rate of return with similar (or lower) risk elsewhere. Doing so to "maximize cash on hand" is an emotional response and usually ends up sacrificing earning potential elsewhere.
My $0.04.
Re: Stock Market Thread - D_Eclipse9916 - 08-04-2011
Mike Wrote:ViPER1313 Wrote:stocks are down
they are?
.
Now they are :wink:
Re: Stock Market Thread - Evan - 08-04-2011
double dipppp.....
if the dow goes under 11500 support its going to drop like a rock :vomit:
Re: Stock Market Thread - BLINGMW - 08-04-2011
![[Image: zombie-apocalypse.jpg]](http://www.hotsearchestoday.com/wp-content/uploads/2011/05/zombie-apocalypse.jpg)