Looks like I got out of GOOG just in time...

2/4/2008 9:25:40 PM

Bought a bit of Cisco today ... 23.25. Not the 22.50 we saw a few weeks ago, but I still have most of my money sitting as cash, just in case things go sour.

Just wanted to buy some looking towards earnings announcement tomorrow.

2/5/2008 3:06:02 PM

Yeah, I think I'm done buying for a while, although goog tempted me when it dipped below 500. Maybe I'll start buying again 4th quarter.

2/5/2008 3:08:37 PM

bought a little bit of INP and RSX

2/5/2008 4:24:46 PM

I mean, aside from my $100 weekly VFIFX roth contribution.

2/5/2008 4:30:21 PM

QID, SKF and DXD positions taken out last week just turned positive.

I think the recession is starting to look worse but I am not convinced that equities are going down in a straight line. I wouldn't be surprised if we saw 13000 on our way to 11500.

2/5/2008 7:52:21 PM

Today was an "ouch" day...

2/5/2008 8:51:08 PM

i'll consider buying csco thurs after earnings
they would have to surprise like crazy on earnings for the market to take whatever is said on a positive note

just my opinion, i own a bit at 26.50

2/5/2008 10:32:27 PM

yeah, im really thinking along the lines of what the gang on fast money said today ... 1 year down the road, you can bet that buying cisco at this price was a good decision, even classifying it as a value stock at this price.

Tons of cash on hand, aggressive stock buy back, and low PE for a tech stock make it hard to pass up.

2/5/2008 10:56:23 PM

one of the better things i've read in this thread in a while

2/6/2008 6:49:58 AM

meh. csco has been pretty flat over the last 5 years. Are you guys expecting it to go back up to 2000 prices?

2/6/2008 9:42:34 AM

CSCO has a 5 year return of 76.81%

2/6/2008 10:21:40 AM

If you call 60%+ in a matter of less than a year as "Flat" then yes sir, you are correct. (17.xx - 31.xx) from Aug 06 - Aug 07

Last time cisco was this undervalued, thats exactly what it did. I understand that we are in a recession, but cisco was being oversold before this real recession scare started to hit, and the overselling was disguised by general market weakness.

I dont expect 80 bucks a share. But back to the 34-36 dollar level from here would be a great 3 year return on a safe and solid stock.

[Edited on February 6, 2008 at 11:30 AM. Reason : .]

2/6/2008 11:19:13 AM

my CSCO breakeven is 29 and change...

they also said on Fast Money that Mercury is in retrograde and its the year of the rat, so the market is in for a bear most of this year

2/6/2008 2:34:26 PM

Damn, how long you been buying csco?

2/6/2008 3:18:01 PM

Is it time to GTFO of BIDU?

And maybe GTFI to GRMN?

[Edited on February 6, 2008 at 3:49 PM. Reason : .]

2/6/2008 3:47:04 PM

CSCO doing well after market. bought 100.

2/6/2008 4:39:07 PM

Really? Last I checked it was only up a few cents.

2/6/2008 4:45:15 PM

up 70 cents

2/6/2008 4:46:08 PM

Ah, I have the real time up now. Nice.

2/6/2008 4:47:35 PM

Heh. My cousin just flipped 400 shares for a quick $200.

2/6/2008 4:49:25 PM

glad i didn't go through w/ the order

trading at $22 now

2/6/2008 4:53:07 PM

i'll prob pickup some csco tomorrow

2/6/2008 5:01:27 PM

yeah, 22 is a nice price.

2/6/2008 5:19:18 PM

my previous NIHD reco validated by Pete Najarian's options lens

2/6/2008 5:19:58 PM

got 50 tonight at $21.41

i'll keep it a good while


may pick up more soon

2/6/2008 6:24:35 PM

No real reason, I somehow feel that csco will be this thread's TIE.

[Edited on February 6, 2008 at 10:07 PM. Reason : .]

2/6/2008 10:06:48 PM

Is that supposed to be a good thing or a bad thing? I made some money off of TIE, I'm hoping other people did too....

2/6/2008 10:50:06 PM

If you got lucky and timed it right, you made money -- but you can say that for any stock. If you held it for the year, you lost money.

2/6/2008 11:49:34 PM

There is two parts to buy low sell high ... Dont forget to do both

You have to take profits sometime unless you want to ride waves your entire life -- but that wouldnt be called "trading" ... that would be called "saving"

Selling 90% of my positions back in October was the best thing that could have happened to me, in terms of investing.

Those who bought TIE low and actually sold it probably made some ok money ...

You have to understand yourself, and make a strategy... if you are just a saver, then shoot for 15% per year with little to no time invested.

If you are looking to make money fast, you have to be able to cut emotions, and TRADE, not ride.

2/7/2008 7:18:38 AM

Looking for a tradable bottom today - esp in the financials.

Futures don't look good as of 8AM and I think the pressure from the bad retail numbers will climb as the morning wears on. At this point I am looking for an exit out of SKF and to a lessor extent QID and DXD. All utlrashort ETFs by the way.

I have been bearish on retail and tech. Retail was actually reasonably priced until the recent run-ups. I am betting that it retreats significantly today and I will be decidely less bearish.

Tech is still iffy. Some of the big names, AAPL comes to mind, have come down from their insane highs but risks remain. What I am concerned about is that forward profits may be grossly overstated. My first guess is that much of tech should be looking at losses in the second half of 2008.

I can't comment on indivdual names but I have a hard time seeing how business investment and consumer discretionary are not seriously down in the coming months.


Crud . . . .forgot about jobless claims. If they are not too bearish this morning we may not get a good bottom. On the other hand if they are bad . . .

[Edited on February 7, 2008 at 8:20 AM. Reason : jobless]

2/7/2008 8:12:58 AM

meh only 6k more than expected.

2/7/2008 11:07:30 AM

Any online trading sites you guys would recommend for starting with a small amount say around 500 bucks just to play with a bit and get a feel for trading. Scott trade seems to be the only big name one I have come across that doesnt require at least 1000 or 2500 to start up an account.

2/7/2008 11:20:16 AM

use scottrade ... a bunch of us on here do, and I am very satisfied with the service there.

PM me your email info, and I will send you a code to get 3 free trades.

[Edited on February 7, 2008 at 11:28 AM. Reason : .]

2/7/2008 11:26:46 AM

trade 30 days for free at td ameritrade

2/7/2008 11:44:37 AM

Quote :

"You have to understand yourself, and make a strategy"

yup

2/7/2008 2:06:45 PM

I realized something while watching Street Signs today: I would do dirty dirty things to Erin Burnett.

2/7/2008 2:48:41 PM

Yes, yes we would -- I think she'll become a household name within the next 5-7 years as a news anchor, doing more mainstream news.

[Edited on February 7, 2008 at 2:56 PM. Reason : .]

2/7/2008 2:54:53 PM

Michelle Caruso-Cabrera got some big ol tittays

2/7/2008 3:02:20 PM

[Edited on February 7, 2008 at 4:11 PM. Reason : .]

2/7/2008 4:11:36 PM

^^^^ & ^^^

Definately got to be long Burnett though deep inside I am buying Trish Regan calls all night.

[Edited on February 7, 2008 at 6:43 PM. Reason : one a in regan]

2/7/2008 6:40:57 PM

This thread is taking a turn in the right direction.

2/7/2008 7:40:02 PM

i've got a call spread on Rebecca Jarvis

it gets very liquid on high volume days

2/7/2008 9:55:27 PM

Ewwww.

2/7/2008 10:07:48 PM

oh, did i say that out loud?

2/7/2008 11:22:52 PM

need more of a bounce to sell into...

2/8/2008 1:29:58 PM

Check out the AOL fish.

2/8/2008 2:52:05 PM

I didn't notice it until you pointed it out.

2/8/2008 2:53:37 PM

lol

2/8/2008 3:19:42 PM

Quote :

"lol"

2/8/2008 5:26:45 PM