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View Full Version : Woot dow FTW!


Smokey1226
10-28-2008, 03:05 PM
Up just under 900 points! which equals almost 11%!!!!

I'm so glad i bought in all week! WOOT WOOT

BTW: If anyone here owned VW stock, you are my hero! Up over 200% for the month, thanks to Porsche buying up a large portion of VW!
Goat Roper
10-28-2008, 03:14 PM
Remember, it went up 936 points a couple weeks ago only to go to new lows shortly after. If it could just find traction and keep it but the vultures could be out again tomorrow.
Smokey1226
10-28-2008, 03:18 PM
Remember, it went up 936 points a couple weeks ago only to go to new lows shortly after. If it could just find traction and keep it but the vultures could be out again tomorrow.

very true, but i already had pulled my funds out and put them into reservers right after that big gain. Then bought in during the new lows last week!!! So im really happy :thumbsup
Goat Roper
10-28-2008, 03:23 PM
very true, but i already had pulled my funds out and put them into reservers right after that big gain. Then bought in during the new lows last week!!! So im really happy :thumbsup

Thats the way to do it man, work the system on it's self :thumbsup
Josepy
10-28-2008, 03:26 PM
very true, but i already had pulled my funds out and put them into reservers right after that big gain. Then bought in during the new lows last week!!! So im really happy :thumbsup

what are you doing your trading with. etrade?? etc....
Smokey1226
10-28-2008, 03:28 PM
what are you doing your trading with. etrade?? etc....

Fidelity
Nick
10-28-2008, 03:45 PM
The market was highly oversold. Hence the boom today.
jbiscuit
10-28-2008, 03:48 PM
its probably just all people still trying to get in when the market was low. Then once it peaks, it'll spiral down as everyone is selling yet again trying to make quick money
07ROUSHSTG3
10-28-2008, 04:04 PM
x2 on that vw stock.
946speedz
10-28-2008, 05:23 PM
i hate people that understand stocks :(
PonyKiller87
10-28-2008, 05:53 PM
very true, but i already had pulled my funds out and put them into reservers right after that big gain. Then bought in during the new lows last week!!! So im really happy :thumbsup

It went up last time because tons of people like you bought in, then when you all sold it crashed below where it originaly was. The market will continue to bounce hard like this for a while because of exacly what you and tons of other people are doing. Nothing wrong with that at all if you ask me, but it is deffinatly adding to unstability of the economy right now.
lordairgtar
10-28-2008, 06:27 PM
Just checked my funds. Got an increase! Yay!
Goat Roper
10-28-2008, 06:27 PM
i hate people that understand stocks :(

I work for a "financial" company but there is a real big reason why they only keep me around computers, I am bad at it to :)
Warhawk2
10-28-2008, 08:20 PM
I've been paying more attention to them lately. I'm getting an E-Trade account either tomorrow or the next day and then I'll prob pick up something, probably some GE
Smokey1226
10-28-2008, 10:26 PM
I've been paying more attention to them lately. I'm getting an E-Trade account either tomorrow or the next day and then I'll prob pick up something, probably some GE

Excellent! However PLEASE do me and everyone else a favor and i agree with the others 100% sometime either later this week or next it will have a drop. Probably as soon as tomorrow, before you buy wait for atleast a 200-300 point drop. Which is about 3-4% drop.

I agree, getting out and buying in is TERRIBLE for this market, but after already losing so much in my funds im not willing to lose more. And any more than i can gain back helps.
Adam Brooks
10-28-2008, 10:46 PM
look into thinkorswim or interactive brokers for your broker. dont shop by commissions. shop by what they offer.

Nick- we haven't found a bottom yet, too much volatility (way too much) and no sideways movement as of yet. note the trend

http://farm4.static.flickr.com/3211/2982624469_5e51728818_o.jpg
lordairgtar
10-28-2008, 10:54 PM
i hate people that understand stocks :(
Why don't you learn then?:devil
Nick
10-28-2008, 10:55 PM
Who said anything about not hitting a bottom?

I am my own broker. Never rely on anyone but yourself.
Adam Brooks
10-28-2008, 11:04 PM
Who said anything about not hitting a bottom?

I am my own broker. Never rely on anyone but yourself.

im assuming you mean you're a trader. you're def not a broker since you are not selling anything to your self or others.

and i misread your post about bottom/boom, read it too fast
Smokey1226
10-28-2008, 11:54 PM
Who said anything about not hitting a bottom?

I am my own broker. Never rely on anyone but yourself.

Bottom or not, there is money to be made. And why pay a broker money to do it yourself?
Warhawk2
10-29-2008, 08:57 AM
Excellent! However PLEASE do me and everyone else a favor and i agree with the others 100% sometime either later this week or next it will have a drop. Probably as soon as tomorrow, before you buy wait for atleast a 200-300 point drop. Which is about 3-4% drop.

I agree, getting out and buying in is TERRIBLE for this market, but after already losing so much in my funds im not willing to lose more. And any more than i can gain back helps.

I'm definatly waiting for a decent drop, but two companies I was interested in went up ~9 and 11% so it would have been a good day to have them. Thats the market though!