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-   -   STOCK MARKET Thread (https://www.revscene.net/forums/374823-stock-market-thread.html)

wouwou 07-23-2008 07:48 PM

Quote:

Originally Posted by Ulic Qel-Droma (Post 5956852)
yeah man of course, i have a daily target range that is reasonable.

ok, a lotta people have been telling me some dude with deep pockets can make the market swing the other way, but if that's true, why doesnt the middle east control the oil markets then?

like drive the prices straight the fuck up into space. they have trillions of dollars, why can't they just corner the oil market? i'm sure they have enough money to.

like those dudes in the 70's from texas, forgot their names. them and some arabs and a buncha other rich dudes cornered the silver market.

Who told you they are not:D?

It is not an unusual concept that had not been speculation, oil price today will be $90 tops.

wouwou 07-23-2008 07:50 PM

Quote:

Originally Posted by Ch28 (Post 5956835)

I am waiting for the next earning season, which is usually the best time for a day trade.

My job prevents me from full time analysis, so I dont feel comfortable chasing the high right now.

If you see this thread floats on an hourly basis, click it and see what's happening:D

bobob 07-23-2008 08:15 PM

What's a good virtual site to try playing stocks with play money??

Which brokerages are you guys with? Also for Credential Direct, if you have an account but don't trade, are there monthly fees associated with it?

KaOsTiK 07-23-2008 08:22 PM

Quote:

Originally Posted by bobob (Post 5957039)
What's a good virtual site to try playing stocks with play money??

Which brokerages are you guys with? Also for Credential Direct, if you have an account but don't trade, are there monthly fees associated with it?

google virtual stock exchange

there arent fees associated with an account...brokerages make their money off the transaction (trades) fees.

i use questrade

wouwou 07-23-2008 08:29 PM

Questrade here too

bobob 07-23-2008 08:30 PM

^ Thanks.

I'm guessing all brokerages would have the same ability to buy virtually any stock on stock exchange... or are Credential Direct or Quest trade limited to... let's say, stock on the TSX and some can only buy on the NYSE, etc...

I'm 21, wish I would've gotten into it sooner... think it's pretty late to start?

bossxx 07-23-2008 08:38 PM

Quote:

Originally Posted by bobob (Post 5957039)
What's a good virtual site to try playing stocks with play money??

Which brokerages are you guys with? Also for Credential Direct, if you have an account but don't trade, are there monthly fees associated with it?

Investorpedia I believe also has virtual trading.

I am with Credential and they do not charge monthly fees although I have heard of some online brokerages doing so.

bossxx 07-23-2008 08:39 PM

Quote:

Originally Posted by bobob (Post 5957063)
^ Thanks.

I'm guessing all brokerages would have the same ability to buy virtually any stock on stock exchange... or are Credential Direct or Quest trade limited to... let's say, stock on the TSX and some can only buy on the NYSE, etc...

I'm 21, wish I would've gotten into it sooner... think it's pretty late to start?

Never too late to start..

Credential you can trade anything on the NYSE and TSX

dow, nasdaq, s&p5, pink, otcbb etc etc

KaOsTiK 07-23-2008 09:09 PM

Quote:

Originally Posted by bobob (Post 5957063)
^ Thanks.

I'm guessing all brokerages would have the same ability to buy virtually any stock on stock exchange... or are Credential Direct or Quest trade limited to... let's say, stock on the TSX and some can only buy on the NYSE, etc...

I'm 21, wish I would've gotten into it sooner... think it's pretty late to start?


it's never too late to start...just don't jump into it thinking you'll make millions. be sure to do your research and learn about trading before you actually start

bossxx 07-24-2008 06:02 AM

HTOG up 20% here half hour in.. news release gonna help push this one passed the 50 day MA i hope.

KaOsTiK 07-29-2008 05:43 AM

the sirius/xm merger is complete:
http://www.thestreet.com/s/sirius-xm...FREE&cm_ite=NA

check out siriusbuzz.com too

in at 1.50

McDick 07-30-2008 09:45 AM

Damn! Gold getting a beating over the past week or so.
I sold GG at $38.11 today. Took my loses because I think their earning will not be great due to high oil price last quarter and lower gold prices.

I loaded up MA (MasterCard) today at $264. I think they will beat their earning easily tomorrow morning. We'll see how VISA do aftermarket. Wish me Luck!

wouwou 07-30-2008 10:03 AM

Quote:

Originally Posted by McDick (Post 5965882)
Damn! Gold getting a beating over the past week or so.
I sold GG at $38.11 today. Took my loses because I think their earning will not be great due to high oil price last quarter and lower gold prices.

I loaded up MA (MasterCard) today at $264. I think they will beat their earning easily tomorrow morning. We'll see how VISA do aftermarket. Wish me Luck!

Good luck man, I think MA will do pretty good this Q.

If one thing is for sure, it's how Americans love to spend money they dont have :D

McDick 07-30-2008 10:11 AM

Quote:

Originally Posted by wouwou (Post 5965907)
Good luck man, I think MA will do pretty good this Q.

If one thing is for sure, it's how Americans love to spend money they dont have :D

One thing that attracts me buying MA before earning is their international market.
Weak US dollars will lead to higher profit from Euro and other currencies.

Hoping it will bounce good tomorrow. I got LOTS of MA shares.
As in Gold.. I don't know... not much faith in ABX and GG earning tomorrow.

wouwou 07-30-2008 10:24 AM

Quote:

Originally Posted by McDick (Post 5965918)
One thing that attracts me buying MA before earning is their international market.
Weak US dollars will lead to higher profit from Euro and other currencies.

Hoping it will bounce good tomorrow. I got LOTS of MA shares.
As in Gold.. I don't know... not much faith in ABX and GG earning tomorrow.

I agree with the profit, but what worries me is the outlook for the next few Qs and Y, from past experience good earnings will do squat if they come with a weak outlook, eg, AAPL and MSFT.

As for Golds, ABX hedged like crazy, while GG is 100% unhedged, with the past oil levels, neither of them is good so I am not getting in this week.

Mananetwork 07-30-2008 10:39 AM

I picked up IPI at 51 and doubled up my shares again at 49.50.. I'm happy today! 8.79%+

Scoobysnax 07-30-2008 11:12 AM

Quote:

Originally Posted by McDick (Post 5965918)
One thing that attracts me buying MA before earning is their international market.
Weak US dollars will lead to higher profit from Euro and other currencies.

Hoping it will bounce good tomorrow. I got LOTS of MA shares.
As in Gold.. I don't know... not much faith in ABX and GG earning tomorrow.

I'm with you on this man... Bought 10 AUG 280 Calls. Let's hope V doesn't disappoint after the bell today.

wouwou 07-30-2008 11:45 AM

^ you paid 11.5 for an option that's out of money?

You have guts, I will give you that :D

Scoobysnax 07-30-2008 12:22 PM

^ actually less than 11.50, but yeah i like to gamble ;). The good news is that V beat earnings, so I can sleep a bit better lol.

wouwou 07-30-2008 01:15 PM

^ I wasnt paying attention the past 2 weeks.

What is V's forecast for the next quarter?

ecchiecchi 07-30-2008 01:24 PM

Like a lot of people, I wanting to start on trading stocks as well.

I have an application pending with Credential Direct already.

Any recommended books or articles that I should read up on? To be honest, I have no clue on where to start or what to do. =/ Anything would be a big help. =)

bossxx 07-30-2008 04:48 PM

Quote:

Originally Posted by ecchiecchi (Post 5966144)
Like a lot of people, I wanting to start on trading stocks as well.

I have an application pending with Credential Direct already.

Any recommended books or articles that I should read up on? To be honest, I have no clue on where to start or what to do. =/ Anything would be a big help. =)

Start here. If I had only known about this site like 10 years ago..

http://stockcharts.com/school/doku.php?id=chart_school

Report back in a week.

wouwou 07-30-2008 08:09 PM

I lol everytime I see your sig :D:D

KaOsTiK 08-08-2008 07:03 AM

just for anybody interested, IPI reports q2 earnings on the 13th..

and for one of my long terms that i got in at 0.0172...

yesterday
http://i37.tinypic.com/2nkjifn.png

today
http://bigcharts.marketwatch.com/cha...432&mocktick=1

...i can't wait till they start mining their hartford site


.

hi5-ive 08-08-2008 04:30 PM

canadian dollar keeps on goin down.


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