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03-18-2009, 01:49 PM
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#1651 | | I don't get it
Join Date: Mar 2003 Location: vancouver
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Originally Posted by 95Z28  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. |
I have some shares in LVS and i really believe in a year or 2, the stock will take off...do your own DD..and ask yourself do you think las vegas will become a desert again. Thats the question i ask myself when i see 20% swings in the stock, quite volatile when u look at it everyday.
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03-18-2009, 02:02 PM
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#1652 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
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nice G and ABX, nice
good boi.
__________________ 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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03-18-2009, 02:46 PM
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#1653 | | Ricer Mod
Join Date: Mar 2005 Location: Smithers
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Originally Posted by TRDood ^^^
what's $0.25 | 25 cents.
Berz out.
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President of RS Beat Down Crew
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03-18-2009, 08:29 PM
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#1654 | | Captain Happy Bubble is my Homeboy
Join Date: Mar 2003 Location: vancity
Posts: 327
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Originally Posted by wouwou nice G and ABX, nice
good boi. | CHRIST! ABX took off after 11:00am pst for a 10% gain and didn't stop till it blasted all 5 levels pivot resistance! I wonder what kind of news was released...
I should've cut my losses in C for the day and jumped ship. Its a good thing I was also in FAS for a nice 25% gain 
Loving FAS again! In fact, I'm still holding!
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03-18-2009, 09:28 PM
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#1655 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
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Originally Posted by TRDood wow
this shit is crazy. FAS and FAZ = casino | yea except if you are in the FAZ camp you pretty much just got robbed. i see FAZ can drop even further just because the sentiment right now.
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03-18-2009, 10:55 PM
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#1656 | | I answer every Emotion with an emoticon
Join Date: Jul 2006 Location: V
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whoever loaded up 2 weeks ago must be fucking jumping up and down.
i was too pussy
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03-19-2009, 01:32 AM
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#1657 | | I *heart* Revscene.net very Muchie
Join Date: May 2001 Location: Vancouver
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Originally Posted by TRDood whoever loaded up 2 weeks ago must be fucking jumping up and down.
i was too pussy | We're in the same boat. I looked at the market on its lowest day and thought "today", but couldn't put my money where my mouth is.
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03-19-2009, 09:50 AM
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#1658 | | I don't get it
Join Date: Mar 2003 Location: vancouver
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look at Citigroup chart today...lots of profit taking.
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03-19-2009, 08:07 PM
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#1659 | | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
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you guys think its going to go down again? not just Citigroup but a couple other banks like BAC have doubled int eh last two weeks.. or is it a good time to buy in?
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03-19-2009, 10:02 PM
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#1660 | | I *heart* Revscene.net very Muchie
Join Date: May 2001 Location: Vancouver
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Originally Posted by SiR_vfung you guys think its going to go down again? not just Citigroup but a couple other banks like BAC have doubled int eh last two weeks.. or is it a good time to buy in? | Well, I'm not the person to rely on for this advice, so don't let this hold too much weight. But everything I'm reading does not support a bull market. Personally, I'm holding out for prices that are lower than current.
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03-20-2009, 12:38 AM
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#1661 | | Where's my RS Christmas Lobster?!
Join Date: Apr 2006 Location: Richmond
Posts: 862
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I am loading up FAZ and SKF..
Look for a strong pullback very shorty. . . . the US market doesn't look good after that $1 trillion dollar news.
Say bye bye to US dollars.
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03-20-2009, 12:30 PM
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#1662 | | I don't get it
Join Date: Mar 2003 Location: vancouver
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april will be the month to watch out for.
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03-20-2009, 01:01 PM
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#1663 | | I *heart* Revscene.net very Muchie
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Originally Posted by 1.7El_guy april will be the month to watch out for. | How so?
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03-20-2009, 01:13 PM
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#1664 | | I don't get it
Join Date: Mar 2003 Location: vancouver
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1st quarter earnings are coming up and I feel the banks fudge some numbers...just my gut feeling. We might just see a bulls market if the banks see some decent earnings.
my 2cents.
just checked..citigroup ended in the green. wow.
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03-20-2009, 01:20 PM
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#1665 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
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^doesnt matter if the banks are positive now, after the 90% bonus tax yesterday.
The outlook for them is bleek, as any decent financial company employees with household earning >250,000 will be taxed to death, I wont be surprised if they all move to China now lol.
Personally I would have load up FAZ, but I dont have the time to watch it so I am only holding G and ABX. on the TSX as a longer term play right 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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03-21-2009, 08:58 PM
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#1666 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
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any prediction for Monday? looks like it's gonna be a turning point for the market
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03-22-2009, 02:33 AM
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#1667 | | I answer every Emotion with an emoticon
Join Date: Jul 2006 Location: V
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fuck
i am still holding onto FAS
looks like its going down to 2.00 again
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03-22-2009, 08:00 PM
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#1668 | | I *heart* Revscene.net very Muchie
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fas is probably gonna go up tmrw, not down
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03-22-2009, 10:29 PM
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#1669 | | Need my Daily Fix of RS
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not trying to bash you jackwimmer, but what are you basing your statements on.
I hope you aren't basing it on Geithner's plan to receive money from private investors. I'm sure they'll be excited knowing what happened to the AIG bonuses can happen to them.
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03-22-2009, 10:58 PM
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#1670 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
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well the futures are all up and asian market rallied on the news
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03-23-2009, 07:32 AM
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#1671 | | 14 dolla balla aint got nothing on me!
Join Date: Jan 2003 Location: Vancouver
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Good Morning...=D
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03-23-2009, 09:15 AM
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#1672 | | I don't get it
Join Date: Mar 2003 Location: vancouver
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jackwimmers guess is as good as anyone, even if he isnt basing his statement on anything because the financials seems like a gamble...
FAZ down so much in one day
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03-23-2009, 09:42 AM
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#1673 | | I *heart* Revscene.net very Muchie
Join Date: Sep 2004 Location: Vancouver
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i simply let trdood know it wasn't gonna be down today 
i based it on geithner's plan and how the asian markets reacted to it, considering they are delayed one day compared to the N.A. markets, they were actually up(when we were down last trading day)
is the run were having today gonna hold? well thats a question i cant answer lol
but i believe housing resales are up today in the states so thats somewhat good news
Last edited by Jackwimmer; 03-23-2009 at 10:23 AM.
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03-23-2009, 12:06 PM
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#1674 | | RS.net, where our google ads make absolutely no sense!
Join Date: Jul 2004 Location: vancouver
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is it a good time to buy faz now
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03-23-2009, 01:20 PM
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#1675 | | Wunder? Wonder?? Wander???
Join Date: Jul 2002 Location: Vancouver
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Originally Posted by xxxrsxxx is it a good time to buy faz now | never chase a falling knife. Market will probably continue to rally even though the geitner plan is a pile of shit.
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