OFFICIAL STOCK MARKET & ECONOMY THREAD VOL. SCHOOL'S OUT

[banks2pierce]

Still a gap to close on s&p at 987. I bet it opens up at 987 and then ends up at 998 for the day. Crazy up week next week, IMO. Second stimulus on the way?

 

[andycrazn]

Originally Posted by Banks2Pierce

Still a gap to close on s&p at 987. I bet it opens up at 987 and then ends up at 998 for the day. Crazy up week next week, IMO. Second stimulus on the way?

link on this? damn if thats true, golds gonna hit 1k

 

[amunfei24]

Originally Posted by lurkin2long

Originally Posted by Gordon Gekko 979

DYK you're a cool dude, i like you.

but

at people losing a huge chunk of their money based on ideas of a guy they don't know on the internet. although you are very informative, these people were foolish and deserved to lose all that money

people are wild

LOL, Instead of playing the stock market why not use that money and go to the Casino and try to double up, at least if you lose youtried....I'm not saying gamble 2K a night, take like $300-500 and see how far it gets to you in one night is a better investment

I think I like to gamble to much not sure I may enjoy gambling but don'tconsider myself an addict, I go maybe once a month, anyone agree with me on this?

 

[banks2pierce]

Originally Posted by andycrazn

Originally Posted by Banks2Pierce

Still a gap to close on s&p at 987. I bet it opens up at 987 and then ends up at 998 for the day. Crazy up week next week, IMO. Second stimulus on the way?

link on this? damn if thats true, golds gonna hit 1k

Pure guess. Sorry for not making it clear. I have heard it whispered.

 

[amunfei24]

Stock market is a crap shoot but I agree (IN THE LONG RUN) the market has been going up gradually in spurts, so if you want to invest, now is the time to doit, the market is not as low as it once was (if you look at the trend these past 12 month, it's nothing much ups for majority of the Public tradedcompanies....BELIEVE ME IF YOU WANNA GAMBLE LIKE $500 in the stock market, now is the time but I only mess with 401K stocks, don't wanna gamble my salaryon that stuff unless I save some money for that purpose then I'll throw it down. On my companies 401K's, I put down 20% of my monthly salary theaccount and I have quiet a bit of money in that so that means when I retire, I'll be a million, yeah right =P

 

[amunfei24]

Look at Ford (F), Microsoft (MSFT), Baidu (BIDU) & Walter Industry Inc, (WLT), MEMC Electronic Material Inc. (WFR) for example a year ago roughly Ford (F)was like a buck fifty and now they are over 8 bucks now you do the math! Just say you threw down $500 and bought Ford for $1.50 a share (year ago) andthat's 333 shares. You are making $6.50 per share which you are making $2164.50. You made a killing and you are making 100% in your ROI.

My company got bought out by the CEO of Pepsi CO Indra Nooyi and she's Indian, she's so brilliant, she wants to kill the industry as in outdoing Cokehaha! I'd had to be her husband b/c I know for a fact dude has no saying lol!

 

[nicefro]

Holy s*it. Citigroup had volume over a billion again today.

 

[Betonblck]

Originally Posted by Amunfei24

Look at Ford (F), Microsoft (MSFT), Baidu (BIDU) & Walter Industry Inc, (WLT), MEMC Electronic Material Inc. (WFR) for example a year ago roughly Ford (F) was like a buck fifty and now they are over 8 bucks now you do the math! Just say you threw down $500 and bought Ford for $1.50 a share (year ago) and that's 333 shares. You are making $6.50 per share which you are making $2164.50. You made a killing and you are making 100% in your ROI.

My company got bought out by the CEO of Pepsi CO Indra Nooyi and she's Indian, she's so brilliant, she wants to kill the industry as in outdoing Coke haha! I'd had to be her husband b/c I know for a fact dude has no saying lol!

Yea, you would have made a killing on Ford but do you think they can turn the company around. That stock has been between $7-15 a share for as long as I canremember. At best its still a very speculative gamble that they can actually become competitive with Toyota and Honda and maybe get the stock over $10 ashare. Just my opinion.

 

[poblack]

You can make decent money trading AAPL and RIMM every day. Buy on dips and sell at the highs. Easy consistent money.

I'm loading up on Sirius XM (SIRI).

 

[lilchico4life]

Keep an eye on GFG folks

 

[lilchico4life]

Originally Posted by poblack

You can make decent money trading AAPL and RIMM every day. Buy on dips and sell at the highs. Easy consistent money.

I'm loading up on Sirius XM (SIRI).

You can make money trading any stock, buying on the dips and sell at highs. The problem is that 1. Not many folks have the capital to trade. 2. Your t/a skillshave to be solid. You can't just buy a stock and expect it to go up. You have to find the right entry/exit points.

 

[nicefro]

CIT @ $1.78 AH, good I held.

 

[throwedindagame]

Citigroup got some kind of contract with the Cash for Clunkers which passed yesterday so take that for what it's worth

.

The big story today is AIG, posted first 2Q profit since 2007.

AIG profit + people covering for splits............

And yes, that rocket is heading for the moon. Is AIG? Doubt it, some say it is. It will open above $27.00 though.

 

[nicefro]

CIT needs that rocket.

 

[amunfei24]

Originally Posted by poblack

You can make decent money trading AAPL and RIMM every day. Buy on dips and sell at the highs. Easy consistent money.

I'm loading up on Sirius XM (SIRI).

Those stocks you mentioned are good ones 2 and agree with the quick money but to make a good chunk you need to drop at least 10K since the stop is hoveringover $70.

 

[amunfei24]

Originally Posted by cguy610

Originally Posted by Amunfei24

Look at Ford (F), Microsoft (MSFT), Baidu (BIDU) & Walter Industry Inc, (WLT), MEMC Electronic Material Inc. (WFR) for example a year ago roughly Ford (F) was like a buck fifty and now they are over 8 bucks now you do the math! Just say you threw down $500 and bought Ford for $1.50 a share (year ago) and that's 333 shares. You are making $6.50 per share which you are making $2164.50. You made a killing and you are making 100% in your ROI.

My company got bought out by the CEO of Pepsi CO Indra Nooyi and she's Indian, she's so brilliant, she wants to kill the industry as in outdoing Coke haha! I'd had to be her husband b/c I know for a fact dude has no saying lol!

Yea, you would have made a killing on Ford but do you think they can turn the company around. That stock has been between $7-15 a share for as long as I can remember. At best its still a very speculative gamble that they can actually become competitive with Toyota and Honda and maybe get the stock over $10 a share. Just my opinion.

Based on Fords track record there isn't much growth for a company like them but they can't do any wrose than their situation but Ford will probably behovering the low teen for sometime so if someone had 50K to play with, you can make some change. There are a lot better options to invest than the autoindustry but Ford could bring in some change.

 

[finnns2003]

so many stocks i'm kicking myself over. goldman could've been had for FIFTY TWO DOLLARS. jesus...

 

[amunfei24]

Omfg AIG is up over +3 today this is crazy.....


Damn about GS that's crazy, they almost tripled up, I'm kicking myself to.

 

[finnns2003]

I don't think AIG will ever reach $200 again but wow...

 

[nicefro]

I remember when Goldman was $74 around late March, DKY said to short it hard.

 

[amunfei24]

I'm going to take $500 and drop it on a stock for a short investment, not sure when I should buy, ughhhhhhhh, I hate this guessing game, I should take the$500 and hit up 3 card poker or black jack haha, good idea?

 

[ieternalv]

Originally Posted by LiLcHiCo4LiFe

Keep an eye on GFG folks

nice call.

 

[jordan23collecta]

TELK

i think it was Andy that posted the cup and handle situation. The handle is forming right now.



-J23C

 

[ieternalv]

lol i just noticed the volume for BRK Shares...

AIG, dammit i can't trust that company, but there def was a lot of money made for some people.

 

[jordan23collecta]

^

i agree. AIG has been fooling me for the past 2 weeks. If i would have gone with my gut instincts and got in on monday when i wanted to i would have beensitting nice. But they look HORRIBLE on paper, so i could not pull the trigger.



-J23C