The Business and Financial Forum THIS SPACE OPEN FOR ADVERTISEMENT. YOU SHOULD BE ADVERTISING HERE!
Revscene Wall Street.
Consolidating debt? Good business tips? Buying stock? How's our economy doing? Discuss and share advice and tools on everyday banking, investing, wealth management and insurance. |
 | | 
06-16-2008, 01:00 PM
|
#926 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
Failed 57 Times in 18 Posts
| Quote:
Originally Posted by McDick  OR easily lose more than $1000 ..... | Oops, I forgot to mention something too.
Don't borrow to invest, that's called GAMBLE 
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
| 
|  | |
06-17-2008, 02:28 AM
|
#927 | | I am Hook'd on RS
Join Date: Jun 2007 Location: burnaby
Posts: 55
Thanked 0 Times in 0 Posts
Failed 0 Times in 0 Posts
| Quote:
Originally Posted by wouwou Oops, I forgot to mention something too.
Don't borrow to invest, that's called GAMBLE | I think McDick means you can lose more then you invested if ya sell calls/puts...
| |
| | |
06-26-2008, 10:14 AM
|
#928 | | I STILL don't get it
Join Date: May 2001 Location: van
Posts: 496
Thanked 23 Times in 6 Posts
Failed 0 Times in 0 Posts
|
hope everyone is loaded up with gold 
rumor is that one of hte big 3 auto's in US is going to file for bankruptcy, this will be worse than bear sterns.
__________________
asdf
| |
| | |
06-26-2008, 10:20 AM
|
#929 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
Failed 57 Times in 18 Posts
| Quote:
Originally Posted by willcls hope everyone is loaded up with gold
rumor is that one of hte big 3 auto's in US is going to file for bankruptcy, this will be worse than bear sterns. | Shit if that happens I am getting into bonds
big 3 going down = back to 2001
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
| |
| | |
06-26-2008, 10:28 AM
|
#930 | | I Will not Admit my Addiction to RS
Join Date: Oct 2002 Location: Coquitlam, BC
Posts: 505
Thanked 11 Times in 8 Posts
Failed 0 Times in 0 Posts
|
can anyone enlighten me on actually how to buy gold / oil etc???
| |
| | |
06-26-2008, 10:52 AM
|
#931 | | I STILL don't get it
Join Date: May 2001 Location: van
Posts: 496
Thanked 23 Times in 6 Posts
Failed 0 Times in 0 Posts
|
you can buy securitized versions of gold such as etf's/trusts, buy gold mining stocks,physical gold through coins, or if you want to evade taxes buy gold jewelery from a pawn broker and sell it back to him later.
anyways in terms of trouble i guess GM ranks first then Ford, then Chrysler. It is bound to happen i guess, mortgage defaults, soon car loans will default, student loans( short sallie mae SLM) everything associated america is going in the shitter
__________________
asdf
| |
| | |
06-26-2008, 11:56 AM
|
#932 | | Where's my RS Christmas Lobster?!
Join Date: Apr 2006 Location: Richmond
Posts: 862
Thanked 1 Time in 1 Post
Failed 0 Times in 0 Posts
|
I love my Gold Corp (GG)...
Yes.. I think either GM or Ford is going to file Bankruptcy real soon.
The market hitting new low and will test 11,000 real soon. I don't know what will happened if it break below 11K mark.. everything going into the shitter.
Citi Financial is next in line....
I am stlll LONG in oil and gold. Good to see US getting deeper and deeper into the shitter.
No matter cutting rate or not, i will not going to help US economy at all.
Cutting rate = housing market will worsen but help to fight inflation.
Not cutting rate = able to stabilize housing market problem, but inflation go up through the roof.
Good learning period on stock market right now..
| |
| | |
06-26-2008, 12:04 PM
|
#933 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
Failed 57 Times in 18 Posts
|
Happy to cut my loss to get out of JPM yesterday
Good company, BAD timing.
On the other hand, GG FTW. Got in 36, got out in 43, got in again in 39, see what happens tomorrow if I should bounce again and sip on some nice delicious OJ
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
| |
| | |
06-26-2008, 12:08 PM
|
#934 | | Blood tests positive for LOL mod
Join Date: May 2002 Location: World
Posts: 12,999
Thanked 1,263 Times in 325 Posts
Failed 83 Times in 18 Posts
|
The market can suck my nuts today. If I knew what was going to happen today, I would have gotten out from everything.
Every time I see gold and oil go up, it's not long till it goes up some more.
Last edited by Mananetwork; 06-26-2008 at 12:11 PM.
| |
| | |
06-26-2008, 12:11 PM
|
#935 | | Where's my RS Christmas Lobster?!
Join Date: Apr 2006 Location: Richmond
Posts: 862
Thanked 1 Time in 1 Post
Failed 0 Times in 0 Posts
| Quote:
Originally Posted by wouwou Happy to cut my loss to get out of JPM yesterday
Good company, BAD timing.
On the other hand, GG FTW. Got in 36, got out in 43, got in again in 39, see what happens tomorrow if I should bounce again and sip on some nice delicious OJ | Yes.. good that you are willing to cut your loss. Don't let it ride and hope for a rebound in this market. "Let it ride" rule can kill you.
I sold 50% of my GG shares right before closing. I hope GG can break 52 week high soon and start to profit some real good money. I got majority of my GG shares around $37.40.
Can't complain too much about this market. Feel bad for baby boomers who owns financial and car manufacture stocks as their retirement money.
| |
| | |
06-26-2008, 12:15 PM
|
#936 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
Failed 57 Times in 18 Posts
| Quote:
Originally Posted by McDick Yes.. good that you are willing to cut your loss. Don't let it ride and hope for a rebound in this market. "Let it ride" rule can kill you.
I sold 50% of my GG shares right before closing. I hope GG can break 52 week high soon and start to profit some real good money. I got majority of my GG shares around $37.40.
Can't complain too much about this market. Feel bad for baby boomers who owns financial and car manufacture stocks as their retirement money. | I have a stop @ 44 in place just in case, but yeah, cutting losses and know when to pull out is the 2 most difficult things to do in terms of investing.
Forget about TA, it is the people that you need to analyze imo.
I sold off half of my holdings back in May and right now I am using roughly 40% of my portfolio. Half in GG, half in ultrashort that I just got in today.
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
| |
| | |
06-26-2008, 08:09 PM
|
#937 | | I answer every Emotion with an emoticon
Join Date: May 2002 Location: pc
Posts: 7,554
Thanked 4 Times in 4 Posts
Failed 0 Times in 0 Posts
|
haha markets bombed today but FRGY up 16%.
I'm curious, what is everyone holding coming into tomorrows action?
| |
| | |
06-26-2008, 08:14 PM
|
#938 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
Failed 57 Times in 18 Posts
| Quote:
Originally Posted by redliine haha markets bombed today but FRGY up 16%.
I'm curious, what is everyone holding coming into tomorrows action? | GG and FXP
but I usually dumps FXP on a daily basis
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
| |
| | |
06-26-2008, 08:15 PM
|
#939 | | I answer every Emotion with an emoticon
Join Date: May 2002 Location: pc
Posts: 7,554
Thanked 4 Times in 4 Posts
Failed 0 Times in 0 Posts
| Quote:
Originally Posted by wouwou Forget about TA, it is the people that you need to analyze imo. | The chart doesn't lie.
The chart tells you everything you need to know. For example, the chart is telling what kind of people run company X. Why? It's because the 95% of longs analyze the shit out of the people who run company X so the chart reflects it. What i'm saying is, the research is already done for you like I said, it's reflected in the chart.
I don't mean to brag but I am up 152% this year so far based strictly on T/A, so don't bash it! | |
| | |
06-26-2008, 08:17 PM
|
#940 | | I answer every Emotion with an emoticon
Join Date: May 2002 Location: pc
Posts: 7,554
Thanked 4 Times in 4 Posts
Failed 0 Times in 0 Posts
| Quote:
Originally Posted by wouwou GG and FXP
but I usually dumps FXP on a daily basis |
Cool. I picked up FRGY a couple days ago at a penny. It is in a consolidation period now after a downtrend.. looking for a reversal here shortly.
GL everyone | |
| | |
06-26-2008, 08:26 PM
|
#941 | | I STILL don't get it
Join Date: May 2001 Location: van
Posts: 496
Thanked 23 Times in 6 Posts
Failed 0 Times in 0 Posts
|
AEM, CEF, HGU.TO, GLD, SLW/wt.TO and some shipping stocks DRYS and EXM also a little natural gas UNG
FXP is a wild ride, hang seng can probably go to 20,000, that would definately suck tho
__________________
asdf
| |
| | |
06-26-2008, 09:15 PM
|
#942 | | I am Hook'd on RS
Join Date: Jun 2007 Location: burnaby
Posts: 55
Thanked 0 Times in 0 Posts
Failed 0 Times in 0 Posts
|
ugly day today...looks like $1.50 at the gas pumps earlier then July 1st
| |
| | |
06-26-2008, 11:03 PM
|
#943 | | WOAH! i think Vtec just kicked in!
Join Date: Apr 2004 Location: Vancouver
Posts: 1,687
Thanked 731 Times in 294 Posts
Failed 76 Times in 29 Posts
| Quote:
Originally Posted by McDick I love my Gold Corp (GG)...
Yes.. I think either GM or Ford is going to file Bankruptcy real soon.
The market hitting new low and will test 11,000 real soon. I don't know what will happened if it break below 11K mark.. everything going into the shitter.
Citi Financial is next in line....
I am stlll LONG in oil and gold. Good to see US getting deeper and deeper into the shitter.
No matter cutting rate or not, i will not going to help US economy at all.
Cutting rate = housing market will worsen but help to fight inflation.
Not cutting rate = able to stabilize housing market problem, but inflation go up through the roof.
Good learning period on stock market right now.. | Citi group isnt going anywhere, the fed wont let any bank go down- they will lose consumer confidence.
second. if feds cut rate- this will lower borrowing cost- hence people can buy homes at cheaper rates. but if they cut rates. inflation will go up - so this doenst help fight inflation. it will also help boost economy
if they DONT cut the rate- then this will help inflation- but will be bad for economy.
Right now they are not increasing rates because one- if they do. economy will get worst. they rather help the economy then fight inflation cause helping the economy is more important than fighting inflation- which is what the feds are thinking. . .
| |
| | |
06-27-2008, 07:32 AM
|
#944 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
Failed 57 Times in 18 Posts
| Quote:
Originally Posted by azndude69 Citi group isnt going anywhere, the fed wont let any bank go down- they will lose consumer confidence.
second. if feds cut rate- this will lower borrowing cost- hence people can buy homes at cheaper rates. but if they cut rates. inflation will go up - so this doenst help fight inflation. it will also help boost economy
if they DONT cut the rate- then this will help inflation- but will be bad for economy.
Right now they are not increasing rates because one- if they do. economy will get worst. they rather help the economy then fight inflation cause helping the economy is more important than fighting inflation- which is what the feds are thinking. . . | Right now I dont think C should worry about lending cost.
It's all those hidden mess behind their balance sheet that is going to sink the stocks. The mortgage problems are just the cause to a much much bigger problem
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
| |
| | |
06-27-2008, 09:37 AM
|
#945 | | Blood tests positive for LOL mod
Join Date: May 2002 Location: World
Posts: 12,999
Thanked 1,263 Times in 325 Posts
Failed 83 Times in 18 Posts
|
GG just hit it's record high today. Still a good place to invest or time to cash out?
| |
| | |
06-27-2008, 09:47 AM
|
#946 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
Failed 57 Times in 18 Posts
|
Wait for the pull back, get in before July 20th give or take and get out before July 31st when GG reports the quarter
I dont think they did as good with high cost of fuel and unhedged Gold prices.
Just my 2 cents
rr of course
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
| |
| | |
06-27-2008, 10:38 AM
|
#947 | | I STILL don't get it
Join Date: May 2001 Location: van
Posts: 496
Thanked 23 Times in 6 Posts
Failed 0 Times in 0 Posts
|
late 2008/ early 2009 gold will probably be $1350, oil at $185
GG can easily hit $50 short term, i dunno i feel comfortable holding over the weekend my gold positions. http://www.ft.com/cms/s/0/5541c9a6-4...0779fd2ac.html
vietnam cant control inflation, they are stopping imports of gold lol
__________________
asdf
| |
| | |
06-27-2008, 12:45 PM
|
#948 | | I answer every Emotion with an emoticon
Join Date: May 2002 Location: pc
Posts: 7,554
Thanked 4 Times in 4 Posts
Failed 0 Times in 0 Posts
|
FRGY broke resistance today like I guessed.. up over 50%.
Made around $1,500 today  
Last edited by bossxx; 06-27-2008 at 01:14 PM.
| |
| | |
06-27-2008, 12:53 PM
|
#949 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
Failed 57 Times in 18 Posts
|
^
Grats! I wish I have more time to spend on research. Right now I am sitting on 30% since May because I only did like 10 trades
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
| |
| | |
06-27-2008, 01:03 PM
|
#950 | | I answer every Emotion with an emoticon
Join Date: May 2002 Location: pc
Posts: 7,554
Thanked 4 Times in 4 Posts
Failed 0 Times in 0 Posts
|
^ still can't argue with that!
| |
| | | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | |
All times are GMT -8. The time now is 07:05 PM.
|
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
