The stock market thread part 2

#151
#151
myrobbins, what do yall look at to decide what yall are going to buy and when. what do yall look for that makes you want to buy and when to sell. where do yall get these companies that yall buy from. could you just give me a little insight on how a day of yours works.
 
#152
#152
TheDeeble said:
That may be true, but you probably know enough about markets to know what's what. I imagine a lot of people that don't are listening real hard to what he's saying and that hysteria is getting air time. Negativity like that can't be helping.
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the negativity is out of control. CNBC's current motto seems to be "let's put the biggest wackjob bear on the air."
 
#155
#155
wylievol said:
myrobbins, what do yall look at to decide what yall are going to buy and when. what do yall look for that makes you want to buy and when to sell. where do yall get these companies that yall buy from. could you just give me a little insight on how a day of yours works.
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I use alot of tools and knowlegde of the markets and the past year or 2, alot of beer..:)
 
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#159
#159
droski said:
my stocks have this tendancy the last month to go down 10% and then up 5% but i'll take it. :cray:
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Anything at all that is up in this market with Obama running things like he has the past month, is great. Im going to take my gains and be happy with it also.
 
#160
#160
Well after Mr. Obama spoke tonight I was interested to see how the markets looked and the FUT. for the Dow is -35 but that comes after a strong up day, so we will see.
 
#161
#161
myrobbins7 said:
Well after Mr. Obama spoke tonight I was interested to see how the markets looked and the FUT. for the Dow is -35 but that comes after a strong up day, so we will see.
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It's probably smart investors taking profits (e.g., BAC, C, GS, GM, F sellers). If they are smart investors they will re-invest the money tomorrow so no worries.
 
#162
#162
GM numbers sucked and the cash burn rate was horrid, but the FUT are up. Mr. Obama please keep your mouth shut about the markets today, thank you.
 
#167
#167
This week cant get over fast enough...The FUT looks horrid this AM. 7,000 on the Dow and 730 on the S&P show strong support, but with this market who knows....
 
#169
#169
myrobbins7 said:
This week cant get over fast enough...The FUT looks horrid this AM. 7,000 on the Dow and 730 on the S&P show strong support, but with this market who knows....
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Well I need to take the 730 and lower it down to 650 on the S&P for support. The FUT went below the 730 level last night. Eh, we break 650 and we could see the S&P at the 5 handle, not good..570-580 next major support levels. Happy Monday everyone!!!
 
#170
#170
688 is were we hold the line

I love it how AIG reports a $61B loss and get $30B from the government and the stock is pointed higher by 20% this morning while everything else tanks.

Another weekend goes by with no end to mark to market or the uptick rule brought back. I guess that this administration doesnt care about Americans 401k's?
 
#172
#172
VolsNSkinsFan said:
688 is were we hold the line

I love it how AIG reports a $61B loss and get $30B from the government and the stock is pointed higher by 20% this morning while everything else tanks.

Another weekend goes by with no end to mark to market or the uptick rule brought back. I guess that this administration doesnt care about Americans 401k's?
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I can see the mark to market not happening because it is a specific accounting change but isn't the uptick rule already in place (but not enforced)? With all the calls for more regulation the latter should be a no brainer.
 
#173
#173
volinbham said:
I can see the mark to market not happening because it is a specific accounting change but isn't the uptick rule already in place (but not enforced)? With all the calls for more regulation the latter should be a no brainer.
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the uptick rule hasn't been reinstated. i doubt it would make much of a difference though.
 
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