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Revscene Wall Street.
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09-29-2008, 12:37 PM
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#1176 | | RS.net PIMP
Join Date: Aug 2002 Location: Vancouver/LA
Posts: 4,898
Thanked 3,057 Times in 824 Posts
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Cash is king at this point. Aside from some deals I've been working with I've pulled out for anything short term or on the junior exchanges. Within the last few weeks including today, took a flyer on V, BBD.B, COS.UN, ABX, LLL & PCZ in my RSP, we'll see in 5 to 10 years where these are.
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09-29-2008, 12:48 PM
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#1177 | | I *heart* Revscene.net very Muchie
Join Date: Sep 2004 Location: Vancouver
Posts: 3,577
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is this the part where someone says they made a killing today? lol 
cause i just got owned o.O
Last edited by Jackwimmer; 09-29-2008 at 12:49 PM.
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09-29-2008, 12:53 PM
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#1178 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
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Originally Posted by willcls  dont be a hero buddy
the consumer is dead... wait let me capitalize that, DEAD
that means AAPL RIMM GOOG and the QQQQ's are screwed
ipods crackberries and advertisement?
this is fucked...even more fucked is that it comes on the last day of sept, the monthly statements are going to be so damn ugly | Thanks man for pointing it out. I have no idea what got over me.
Was able to cut my losses today to just 10%. It could be much worse.
on a sidenote, go JPM go
I can't believe it is showing positive after a 7% drop in DOW
__________________ 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.
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10-01-2008, 10:03 AM
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#1179 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
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Got about 5% back with JPM, WMT and MCD
pulled out and wait now
__________________ 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.
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10-01-2008, 01:01 PM
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#1180 | | Where's my RS Christmas Lobster?!
Join Date: Apr 2006 Location: Richmond
Posts: 862
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got some JPM and sold now. Made back my 10%.
I'll wait and see what will happen tonight and tomorrow.
Another rejection to the bailout? I don't know... so hard to predict the market right now!
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10-02-2008, 11:47 AM
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#1181 | | Blood tests positive for LOL mod
Join Date: May 2002 Location: World
Posts: 12,999
Thanked 1,263 Times in 325 Posts
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Gold looks pretty tempting today!
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10-02-2008, 12:09 PM
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#1182 | | Blood tests positive for LOL mod
Join Date: May 2002 Location: World
Posts: 12,999
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Apple is almost under $100 a share
POT is 98$
CRAYZ!
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10-02-2008, 01:16 PM
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#1183 | | ninja edits your posts without your knowledge
Join Date: Jan 2004 Location: Vancouver
Posts: 14,997
Thanked 6,370 Times in 1,795 Posts
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I should buy apple...
Any suggestions people?
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10-02-2008, 01:16 PM
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#1184 | | Where's my RS Christmas Lobster?!
Join Date: Apr 2006 Location: Richmond
Posts: 862
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Originally Posted by Mananetwork Apple is almost under $100 a share
POT is 98$
CRAYZ! | Wait until their earning, we might even see mid-$80. 
The bottom is very close, I am entering back into the market around November.
Once the bailout package is done, we will see a pop, but it will come right back down. Dow will test below 10,000 sooner or later, once it does, I don't know how deep Dow will hit.
Last edited by McDick; 10-02-2008 at 01:17 PM.
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10-02-2008, 02:13 PM
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#1185 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
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"What? AAPL is mid 80?"
Jobs drops dead
AAPL hits low 60
__________________ 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.
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10-02-2008, 03:58 PM
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#1186 | | RS.net, where our google ads make absolutely no sense!
Join Date: Mar 2007 Location: Port Moody
Posts: 939
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i still think the safest investment is commodities and you can actually make some decent cash. of course not as much as the high risk stuff....
one thing is i wanna c how low DOW can go :P
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10-02-2008, 07:52 PM
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#1187 | | Ubereem Mod
Join Date: Mar 2002 Location: Richmond
Posts: 3,070
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Originally Posted by nosleepboy87 i still think the safest investment is commodities and you can actually make some decent cash. of course not as much as the high risk stuff....
one thing is i wanna c how low DOW can go :P | commodities are acutally the riskiest of all investments. 
__________________ Quote:
Originally Posted by Culture_Vulture sometimes I like to use kindergarten art class scissors to cut my pubes | | |
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10-02-2008, 07:55 PM
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#1188 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
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Originally Posted by nosleepboy87 i still think the safest investment is commodities and you can actually make some decent cash. of course not as much as the high risk stuff....
one thing is i wanna c how low DOW can go :P | watch the TSX today and think again.
__________________ 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.
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10-02-2008, 11:05 PM
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#1189 | | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,720
Thanked 5,581 Times in 1,516 Posts
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Originally Posted by Gt-R R34 commodities are acutally the riskiest of all investments. | how's that so?
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10-02-2008, 11:31 PM
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#1190 | | NOOB, Not Quite a Regular!
Join Date: Aug 2008 Location: Vancouver
Posts: 37
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I think the financials in the states may rally a bit.
UYG is a great ETF , its a double bull of the financial sector.
Deflationary pressures will also probably push gold down.
HGD is a good ETF for that.
Those are my picks.
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10-02-2008, 11:40 PM
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#1191 | | Ubereem Mod
Join Date: Mar 2002 Location: Richmond
Posts: 3,070
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Originally Posted by Ulic Qel-Droma how's that so? | in the scale of just pure basic investments the usual list is:
commodities / stocks / bonds / cash.
i'll try and upload a picture of the scale. remind me ulic! lol got to scan it.
__________________ Quote:
Originally Posted by Culture_Vulture sometimes I like to use kindergarten art class scissors to cut my pubes | | |
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10-03-2008, 12:02 AM
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#1192 | | NOOB, Not Quite a Regular!
Join Date: Aug 2008 Location: Vancouver
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I think commodities are risky just because speculators can basically increase or decrease their values to the point where it does not make sense (but since when do the markets make sense anyways), oil and gold being prime examples here.
If you stick to the books, during economic slowdowns or recessions, you want to buy bonds and other interest-sensitive stocks.
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10-03-2008, 12:06 AM
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#1193 | | RS.net, where our google ads make absolutely no sense!
Join Date: Mar 2007 Location: Port Moody
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well...bonds are the really conservative way to go
but i doubt oil prices will go down to what it was 5 years ago
the same goes for gold
they mite go up and down a bit..but it wont devalue to the point where you will lose money if you bought 2-3 years ago
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10-03-2008, 06:47 AM
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#1194 | | I answer every Emotion with an emoticon
Join Date: May 2002 Location: pc
Posts: 7,554
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I would say Pink sheet stocks (.pk) have the highest risk.
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10-03-2008, 09:36 AM
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#1195 | | Proud to be called a RS Regular!
Join Date: Nov 2001 Location: Hong Kong
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Commodities do not pay a dividend or interest. That is a risk in itself.
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10-03-2008, 07:10 PM
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#1196 | | Where's my RS Christmas Lobster?!
Join Date: Apr 2006 Location: Richmond
Posts: 862
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Shorted AAPL today at around $99.
I expected a rally based on the package approval, which it didn't happened.
The market can't hold on to the gains as everyone (who has brains) exiting the door.
Read all the economic data released this week. Everything is worst than expected!
Dow might test 10,000 resistance next week. It will be fun to see the market tanks.
My colleague is losing his shirt right now, since he thinks the market hits the bottom this week when the Dow rally 300 points on Tuesday!
Last edited by McDick; 10-03-2008 at 07:13 PM.
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10-03-2008, 09:39 PM
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#1197 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
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^so he never heard of the phrase,
"buy the rumor, sell the news?"
then?
I have a few WMT and MCD, that's it.
Fuck 10% growth, I am happy with 3% dividend.
__________________ 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.
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10-06-2008, 07:29 AM
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#1198 | | I Will not Admit my Addiction to RS
Join Date: Jul 2004 Location: canada
Posts: 526
Thanked 211 Times in 19 Posts
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any buyers hopping on the gold train for this week since financials are comin out?
Last edited by vl_86; 10-06-2008 at 07:29 AM.
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10-06-2008, 07:39 AM
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#1199 | | I STILL don't get it
Join Date: May 2001 Location: van
Posts: 496
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no gold
us dollar and yen are king right now
__________________
asdf
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10-06-2008, 08:18 AM
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#1200 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
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Now I only have WMT, 2% Div is looking attrative lol
__________________ 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.
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