Stock Market Thread - ALL COMBINED

kneifl

kneifl

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Jan 12, 2001
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I hear you livin,

Long term RIG goes up, but it will fluctuate a lot in the current economy. I do believe they're a solid company and will do well the next few years. Liked Greenspan a lot better than Bernanke, but didn't like everything about Greenspan either (he's 100x better than Bernanke). Unemployment is not the only problem right now, interest rates also need to rise above the all time lows they're at. The CCI needs to get better as well, retail better get ready for an ugly Christmas season. We'll see what happens, I hope we have a recovery, but can't see it happening anytime soon and with the inflation that comes with it things might just be a little out of whack. With that being said, I always look at the glass being "half full"

kneifl
 
dawgball

dawgball

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I understand the jubilation that the market has rebounded some, but I still do not think it is time to simply bet on this recovery.

Individual stocks and picking spots to get in and out, in my opinion, is the way to handle your investments at this time.

I don't know the exact figure that our consumer spending makes up (I think it is somewhere around 70%). This is a scary number with the number of unemployed that we have.

"Money on the sidelines" is another popular statement that I'm not so sure is true. A lot of money was pulled out of the market: true. But is that money just sitting around for the right time to get in, or is it being used for the 70% of our spending economy.

I guess the biggest thing that worries me is that there is going to have to be a time where we have an extended period of pain in our economy as we switch from being so overloaded with debt (as individuals and as a country) to working more towards a saving nation again. Without this, the economy is always going to be one disaster from complete meltdown.

Or maybe, I'm completely wrong and this is the greatest recovery in history.

Here's to making some coin no matter what the overall market does.
 
vinnie

vinnie

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Sep 11, 2000
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Well not sure what to say about all this crash talk but I do know I was up 7g's the last time we talked about it :shrug:

SSO is at a new high since then that puts me over 10g's now :00hour

and I'm holding for $60 :scared


........:0corn

.
 
Last edited:
vinnie

vinnie

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Stock index futures pointed to yet another positive open for Wall Street Monday, with world shares hitting 10-month highs on hopes that the global economic recovery is picking up steam.

By now, it's abundantly clear that the old Wall Street clich? "sell in May and go away" did not apply this year. The Dow, the S&P 500, and the Nasdaq are coming off four straight days of gains, the best four-day streak in a month, and the latter two are now on track for their sixth straight month of gains. :00hour
 
vinnie

vinnie

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vinnie said:
sold 5000 FREDDIE MAC(NYSE: FRE) @$1.60 (+$3000):00hour

COME ON FANNIE MOVE UR ASS :142smilie
Click to expand...

FANNIE MAE(NYSE: FNM)
Real-Time: 1.75 + 0.55 (45.83%) 11:35AM ET :00hour


FREDDIE MAC(NYSE: FRE)Real-Time: 2.27 + 0.44 (25.43%) 11:35am ET:00x3
 
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