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

Carl Johnson 03-05-2009 11:33 PM

LVS is such a volatile stock, last Thursday it gained like 35% then crashed hard on the Friday. It has these unusual sudden spikes in midday also.

The best China can do is to stabilize themselves right now. The won't be able to pull rest of the world out that is for sure. Also the market is desperate for a rally on any little bit of good news now.

Hollyshiit 03-06-2009 02:43 AM

Sup bois..
havent really been in this forum as i have taken few weeks off to Dominican n now im in korea haha
but lookin at the market i think this would be the time to do some value investing.
i personally am trying to pick out a few companies with a strong balance sheet,good profit margins
n lotta cash


hope u guys do good in 09
btw i think chinese ADRs will do good as china is the only country that is still growing in gdp despite the sluimping econmics all over the world..

neways ood luck hunting all.. check back with u guys when i get back

Hollyshiit 03-06-2009 02:47 AM

btw i went n visited KRX (korean exchange)
didnt know they didnt have a trading floor anymore, it stoped manul trading in 97 lol
but now its more like a museum
some pretty neat stuff tho

Scoobysnax 03-06-2009 10:29 AM

^ nice bring lots of soju back man! It's like pennies over there! You'll need it for the market pain haha

I built a position in MS today, hoping for some good news from the weekend. God knows how long financials will continue to be sold off though..

Scudz 03-06-2009 11:15 AM

Getting in on FAS yesterday was a terrible mistake. I took a heavy loss on that. Should've stuck with FAZ when I purchased it at $87.

Today's market isn't doing that much better. FAZ reached new highs AGAIN. I was able to recover much of yesterday's loss. Now I'm only down a few hundred. :D

Anyone take advantage of QID as well?

1.7El_guy 03-06-2009 12:16 PM

LVS is a rollercoaster today...had to average at $1.60 and took advantage of the last 10 minute bounce...

this market is crazy...now that all the bad news are out...fas looks yummy..maybe..

Scudz 03-10-2009 07:39 AM

Everything is up right now. FAS, C, XLF, TNA, etc. Finally some good news.

Carl Johnson 03-10-2009 10:21 AM

i got some fas back last friday, i am so glad i waited

wouwou 03-10-2009 02:07 PM

now wait for the GM news

just wait for it lol

Carl Johnson 03-10-2009 08:55 PM

i dont know if the market has already priced in the ch11 news coming from gm tho. i mean it sure looked like it last friday. we will see if the rally can sustain itself.

1.7El_guy 03-12-2009 01:37 AM

abx starting to look like a good short term buy...what do you guys think? Im probably going to buy some if gold drops below 900

Carl Johnson 03-12-2009 01:08 PM

FAS is on fire, almost 120% gain in a week

TRDood 03-12-2009 05:01 PM

yea, 20 days of red, 3 days of green

and im still losing 40%

sigh.. will it be ever back to $8-10 range?
only 2 more days of 25% gain!

Berzerker 03-12-2009 05:06 PM

I had 1000$ set aside to purchase some shares last week but I got sidetracked and forgot... I was going to buy at $.25 a share... today the stock jumped to $2.00 :(

Berz out.

TRDood 03-12-2009 10:12 PM

^^^
what's $0.25

McDick 03-13-2009 05:43 AM

time to get some SKF... stock market won't turn around since economy still in a shxt hole.

Carl Johnson 03-13-2009 06:10 AM

if they do suspend M2M we might actually see a good rally but I do agree economic news & indicators still grim out there

wouwou 03-13-2009 08:00 AM

Quote:

Originally Posted by McDick (Post 6326925)
time to get some SKF... stock market won't turn around since economy still in a shxt hole.

why would you get SKF when FAZ is 50% better?

:)

1.7El_guy 03-13-2009 09:34 AM

faz is looking better and better...still on the sidelines with cash wouwou?

wouwou 03-13-2009 12:23 PM

^I am way too busy with work to play FAS/FAZ, company just won 2 big projects that will by themselves run the company for the next 2 years.

And family stuff really isnt helping, I am literally busy starting from 6am to 7pm daily.

I loaded up some ABX and G, but that's it. I think I missed the bottom on Monday grrr

Zheff 03-16-2009 07:20 AM

Hummm. The market opened crazy today!

Carl Johnson 03-16-2009 07:32 AM

lets see if we can break SP500 770

Hollyshiit 03-16-2009 09:54 AM

airlines neone?
for a short term hold..

95Z28 03-17-2009 09:32 PM

I'm new to investing. I've taken a finance course and have read a couple books but have yet to make my first trade. I'm about to set up a Scotia itrade account, is this a good one to use? My initial plan is to hold for a longer term, as I gain experience, I'll make more trades. I plan on starting with about $5000 that I would like to hold for a term of 3-4 years.

I was thinking about putting some of it in LVS, would this be a decent stock to hold for a few years? Others I am considering are SIRI and possibly GM but both seem pretty risky risky. I'm fine with with losing the money but I'd rather it amount to something so I have more funds available for when I learn more. Is there any stocks that you recommend I look into? What are good books to read? Any info you can provide me with is much appreciated.

TRDood 03-18-2009 12:03 PM

wow

this shit is crazy. FAS and FAZ = casino


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