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. | | |
11-14-2008, 09:50 AM
|
#1276 | 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 Gt-R R34 I'm predicting a 7000 bottom in the next 3 months. hopefully it hits that so I'll feel more confident in the market.... | Very strong support @ 8000, look at what Dow did what someone touched its private parts yesterday.
It got a major hardon
Hopefully we can make it through next week above 8,200, and I am being nice
__________________ 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.
|
| |
11-14-2008, 10:01 AM
|
#1277 | 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 TRDood say you have $100 (just to make it easier), what would you buy in the next big hit?
before i get into the market, i would like to see other people's views
my list:
20% AIG (just because it's so cheap)
20% AAPL
20% PCZ
20% MA
20% MS, BAC, or JPM
i know they are all from DOW but what are some good or examples of TSX stocks? are they worth it? | none of the above. Without the Earnings, I can not justify their prices as "cheap" compared to 6 months ago.
Well maybe JPM, but I love JPM always and I am biased
__________________ 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.
|
| |
11-14-2008, 12:29 PM
|
#1278 | 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
|
Save to say this market is FUCKED UP
Made maybe a hundred from FXI, or 50 after everything and the market is @ breakeven
No sense of direction whatsoever, I am staying away.
I HATE LONG-LEGGED
__________________ 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.
|
| |
11-14-2008, 10:21 PM
|
#1279 | NOOB, Not Quite a Regular!
Join Date: Feb 2004 Location: Vancouver
Posts: 39
Thanked 0 Times in 0 Posts
Failed 0 Times in 0 Posts
|
That was a huge headfake today LOL. I got burned so many times these couple of months by holding onto stocks. But I've also learned a lot of valuable lessons from these volatile markets. Now I just follow the market. Longterm trend is down. Any rallies are great opportunities to short. Secure any profits by the end of the day. This is a trader's market.
|
| |
11-19-2008, 02:39 PM
|
#1280 | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
Failed 127 Times in 56 Posts
|
damn am i glad i got out last friday, so much blood on the street
|
| |
11-19-2008, 02:50 PM
|
#1281 | 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
|
Broke 8000, lets see if it has enough to down further.
See you guys at 7200 if that happens
__________________ 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.
|
| |
11-19-2008, 03:07 PM
|
#1282 | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
Failed 127 Times in 56 Posts
|
there's saying that if just any one of the big three go bankrupt, dow will definitely break the resistance it set last two times, then maybe we gonna start seeing 7500 or lower
|
| |
11-19-2008, 03:12 PM
|
#1283 | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
Failed 31 Times in 17 Posts
|
For a long term investment (5-10 years), what do you guys think of "Bank of America" http://finance.google.ca/finance?client=ob&q=NYSE:BAC
its bound to go back up right?? could this end up bankrupt like AIG or.. the lehman brothers?
|
| |
11-19-2008, 03:35 PM
|
#1284 | 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 SiR_vfung | look at related companies.
The first one is better than BoA, for 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.
|
| |
11-19-2008, 04:37 PM
|
#1285 | RS.net, where our google ads make absolutely no sense!
Join Date: Apr 2001 Location: Vancity
Posts: 995
Thanked 38 Times in 15 Posts
Failed 1 Time in 1 Post
| Quote:
Originally Posted by Rev lol I'm not on margin, but I'm on short side too
DOG and DUG doing well so far, I think we have a bit of ways to go *down*
Some analysts are going with $50/oil - election rally can only last so long before more grim news come out (ie. AIG burning thru $150 billion, ford/chrysler wanting more money from socialist Obama, auto unions, etc etc) | Ultra short ETF's doing well anyone else taking a glance?
I'm thinking 7000 DOW and shorting C (in addition GM/F) or put options to be safer
|
| |
11-19-2008, 05:39 PM
|
#1286 | 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
|
Ultrashort ETFs need TONS of time monitoringit, since it trades REALLY wildly
I spent last 2 week trading FXP and FXI while working, had a major headache last Sunday.
__________________ 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.
|
| |
11-19-2008, 08:29 PM
|
#1287 | NOOB, Not Quite a Regular!
Join Date: Feb 2004 Location: Vancouver
Posts: 39
Thanked 0 Times in 0 Posts
Failed 0 Times in 0 Posts
|
I say just let those Auto companies fail and let the market correct itself. I think the market would react better if no bailout money is given to GM, Ford, and Chrysler.
Tomorrow will be a huge day to see if we can hold support.
|
| |
11-19-2008, 09:22 PM
|
#1288 | 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
|
^how can we hold support if big 3 fails?
that will be a major blow to investors confidence, even though there isnt much left anyway. Thats what I think as a stock trader
As an investor, fuck those big 3s, they have decades to improve their designs, and to shift production focus to more fuel efficient cars, but no, they stayed the way they were.
Oil might have fallen back to the $50s, but people will never look at the big3 cars the same ever again, even with failout money, it's just gonna be a money pit with no bottom.
__________________ 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.
|
| |
11-20-2008, 02:43 AM
|
#1289 | Rs has made me the man i am today!
Join Date: May 2002 Location: van
Posts: 3,412
Thanked 494 Times in 214 Posts
Failed 46 Times in 23 Posts
| Quote:
Originally Posted by Rev Ultra short ETF's doing well anyone else taking a glance?
I'm thinking 7000 DOW and shorting C (in addition GM/F) or put options to be safer | I'm riding QID....
|
| |
11-20-2008, 09:35 AM
|
#1290 | RS.net, where our google ads make absolutely no sense!
Join Date: Apr 2001 Location: Vancity
Posts: 995
Thanked 38 Times in 15 Posts
Failed 1 Time in 1 Post
|
DUG Ultrashort oil/gas is up 10% today...
Yes they do tend to trade wildly and not even in the right direction sometimes! Good points
|
| |
11-20-2008, 12:15 PM
|
#1291 | 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
|
8000 is gone, 7,800 is holding for now
12:19
__________________ 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.
|
| |
11-20-2008, 12:52 PM
|
#1292 | 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
|
WTF Questrade executed my stop order of FXP at 88.65
__________________ 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.
|
| |
11-20-2008, 01:05 PM
|
#1293 | Everyone wants a piece of R S...
Join Date: Apr 2001 Location: Burnaby
Posts: 384
Thanked 52 Times in 4 Posts
Failed 4 Times in 3 Posts
| Quote:
Originally Posted by wouwou Broke 8000, lets see if it has enough to down further.
See you guys at 7200 if that happens | see you tomorrow!
|
| |
11-20-2008, 01:09 PM
|
#1294 | 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 S14 see you tomorrow! | Ah its been 3 down days, chances are its a bounce day tomorrow, then some more
loading on GG
__________________ 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.
|
| |
11-20-2008, 01:12 PM
|
#1295 | RS.net, where our google ads make absolutely no sense!
Join Date: Apr 2001 Location: Vancity
Posts: 995
Thanked 38 Times in 15 Posts
Failed 1 Time in 1 Post
| Quote:
Originally Posted by Rev Ultra short ETF's doing well anyone else taking a glance?
I'm thinking 7000 DOW and shorting C (in addition GM/F) or put options to be safer | DUG and DOG various ultrashorts did well today!
7,000 here we come. Maybe even 6,500 at this point!
Freaking CIBCs' Jeff RUBIN's ALWAYS wrong. Everytime he says something, go the other way! (ie. oil $200) Quote:
Markets set to turn corner, Jeff Rubin says
Markets have bled red since September but aggressive moves from central banks and governments to stabilize the financial system may mean equities have reached a bottom, a new report from CIBC World Markets said Tuesday.
"We are cautiously optimistic that we can ride out the balance of the year without any further systemic shocks," said Jeff Rubin, chief economist at CIBC World Markets. In the report, he predicts the Toronto Stock Exchange will close the year at 9,500, and end 2009 at 12,000.
Mr. Rubin notes the colossal government cash injections, such as China's new fiscal stimulus package and another round of stimulus expected from the United States as stabilizing factors. The thawing of interbank lending since the middle of October is also further "easing financial strains," he said.
Yet the "building blocks" for a sustained rally are still not firmly in place. "With credit and liquidity fears abating somewhat, concern is rapidly shifting to one of the other key factors clouding prospects for a heavily resource weighted TSX: the troubled global economy," Mr. Rubin said.
The extent of the downturn isn't fully realized in emerging economies yet, but there "is little doubt" that as a whole, OECD nations are in "outright" recession.
Until sentiment towards the U.S. and other key economies improves, the market will remain "well-below" its recent highs, Mr. Rubin said, noting that on average, it has taken Canadian equities about three years to fully recover from a bear market.
| |
| |
11-20-2008, 01:21 PM
|
#1296 | 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 Rev DUG and DOG various ultrashorts did well today!
7,000 here we come. Maybe even 6,500 at this point!
Freaking CIBCs' Jeff RUBIN's ALWAYS wrong. Everytime he says something, go the other way! (ie. oil $200) | The same as Cramer
I shorted AUY and GG when he said buy gold, especially AUY
I was very happy that week
__________________ 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.
|
| |
11-20-2008, 01:46 PM
|
#1297 | NOOB, Not Quite a Regular!
Join Date: Feb 2004 Location: Vancouver
Posts: 39
Thanked 0 Times in 0 Posts
Failed 0 Times in 0 Posts
|
I'm suprised it's already dropping down this much.
If we are in a deep recession then 2009 should be even worse. |
| |
11-20-2008, 06:00 PM
|
#1298 | I answer every Emotion with an emoticon
Join Date: Jul 2006 Location: V
Posts: 7,849
Thanked 656 Times in 326 Posts
Failed 190 Times in 91 Posts
|
GAY!
AAPL dropped to 80.00 today!!! and i set a buy at 80.05 for only 11 shares! (i set the buy last night, it should be open all morning)
i was so happy when i saw it on yahoo, but when i logged onto i-banking.. IT'S STILL OPEN and nothing was done!
can anyone explain? i might lose $100 if AAPL bounces back tml =(
Last edited by TRDood; 11-20-2008 at 06:00 PM.
|
| |
11-20-2008, 08:49 PM
|
#1299 | 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
|
It might not seem like a big enough news, but the Chinese Gov't JUST allow any investors to purchase physical gold without any restrictions.
Gold's planned to go up with the bailout, this is just another step towards the $1000 mark
__________________ 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.
|
| |
11-20-2008, 10:56 PM
|
#1300 | I answer every Emotion with an emoticon
Join Date: Jul 2006 Location: V
Posts: 7,849
Thanked 656 Times in 326 Posts
Failed 190 Times in 91 Posts
|
no wonder HSI went up like crazy
|
| | | |
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 04:31 AM. |