Mr. Joshua Swimfanfan 43948 Posts user info edit post |
27 7/26/2007 6:56:43 PM |
ssjamind All American 30102 Posts user info edit post |
i said the following back in May largely because i was expecting this correction to happen back then
it didn't because there was apparently too much momentum, and now we're paying for it.
Quote : | "ssjamind All American 25651 Posts user info edit post yes it keeps reaching record highs, but be taking profits when you can. set minimum return levels for yourself, and when you hit those levels, monetize some of your investment. it may not be as sexy letting it ride, but remember noone ever went broke by taking profits.
5/21/2007 8:46:38 AM" |
fear not peoples, this thing is going back up sooner rather than later
we may even see Dow 15k this year -- maybe not that high -- we'll probably see notably more growth in the Nasdaq.
but the truth still holds: "remember noone ever went broke by taking profits"7/26/2007 7:10:47 PM |
theDuke866 All American 52839 Posts user info edit post |
i only took a relatively small beating today (in my brokerage account, at least)...about 0.5%.
my IRA is heavier on U.S. market indexes, and probably took a bigger hit. 7/26/2007 8:14:22 PM |
pmcassel All American 1553 Posts user info edit post |
CNBC kept touting a poll done that said 80% of institutional investors expect the DOW to end this year at or above 14,000. I think thats very significant, since the institutions control the market.
Right now I really wish I had some cash to catch the bounce back - whenever that is. 7/26/2007 8:30:50 PM |
TheLoveTool All American 2240 Posts user info edit post |
My portfolio is heavy on overseas shit and my wallet still took quite a beating today.
Ow. 7/27/2007 2:42:47 AM |
theDuke866 All American 52839 Posts user info edit post |
i think i'm gonna sell all of my AAPL tomorrow morning if it doesn't take a big shit before i get a chance.
thinking about taking that money and buying Vanguard's emerging mkt ETC (VWO). it's been on a slide lately, and took another 5.5% hit yesterday. 7/27/2007 3:14:58 AM |
roddy All American 25834 Posts user info edit post |
yall ready for the 10-15% correction? 7/27/2007 6:35:46 AM |
statehockey8 All American 947 Posts user info edit post |
i think we're on the up and up today....yesterday was sell first, ask questions later (quote from cnbc), today, everyone hops back in 7/27/2007 7:26:49 AM |
rallydurham Suspended 11317 Posts user info edit post |
So i got yelled at yesterday by a guy who lost $9. He was in a stable value fund and absolutely outraged that it could go down.
$9.
I seriously spent like 15 minutes explaining market fluctuation. 7/27/2007 7:31:13 AM |
David0603 All American 12764 Posts user info edit post |
Heh, I was talking to a guy at UBS and he's dropped clients like that before. More trouble than they're worth. 7/27/2007 8:34:43 AM |
A Tanzarian drip drip boom 10995 Posts user info edit post |
GDP news is good. Hopefully, that will be a catalyst for something good. 7/27/2007 8:49:00 AM |
ssjamind All American 30102 Posts user info edit post |
Quote : | "yall ready for the 10-15% correction?" |
not gonna happen
pwnt - day after i buy
http://www.bloomberg.com/apps/news?pid=20601102&sid=aAhz1cEjiwec&refer=uk
[Edited on July 27, 2007 at 9:22 AM. Reason : ]7/27/2007 9:17:20 AM |
A Tanzarian drip drip boom 10995 Posts user info edit post |
Oh, yeah...
Quote : | "JOYG is giving it to me dry." |
I was in JOYG about a year ago. Now I'm in TEX, if you're interested.7/27/2007 9:20:23 AM |
ssjamind All American 30102 Posts user info edit post |
^ thanks.
SNCR panning out well. dumped IMMR for now 7/27/2007 10:39:40 AM |
A Tanzarian drip drip boom 10995 Posts user info edit post |
http://blogs.business2.com/apple/2007/07/analysts-re-eva.html
Wow...Apple price targets:
Goldman-Sachs: $165 (+11.5%) Piper Jaffray: $211 (+42.6%) American Technology Research: $185 (+25.0%) JMP Securities: $160 (+8.1%) Caris & Co.: $165 (+11.5%) UBS: $175 (+18.2%) Pacific Crest: $175 (+18.2%) Credit Suisse: $185 (+25.0%) Deutsche Bank: $200 (+35.1%) 7/27/2007 10:56:06 AM |
CharlesHF All American 5543 Posts user info edit post |
$9? Wow. Tell that guy to STFU and bitch-slap him. 7/27/2007 11:01:25 AM |
tmmercer All American 2290 Posts user info edit post |
the markets keep bleeding =( 7/27/2007 11:58:44 AM |
Mr. Joshua Swimfanfan 43948 Posts user info edit post |
7/27/2007 4:09:26 PM |
ssjamind All American 30102 Posts user info edit post |
bought back GS afterhours @ 192.65 7/27/2007 4:26:34 PM |
Lowjack All American 10491 Posts user info edit post |
More bleeding, please. Needs to snowball to house lending 7/27/2007 6:02:06 PM |
statehockey8 All American 947 Posts user info edit post |
Quote : | "i think we're on the up and up today....yesterday was sell first, ask questions later (quote from cnbc), today, everyone hops back in
7/27/2007 7:26:49 AM " |
nice call moron7/27/2007 6:50:37 PM |
CharlesHF All American 5543 Posts user info edit post |
Any ideas for tomorrow...? 7/29/2007 8:33:07 PM |
David0603 All American 12764 Posts user info edit post |
I'm thinking vanilla yogurt for breakfast. 7/29/2007 8:56:15 PM |
statehockey8 All American 947 Posts user info edit post |
^^^ i'm not gonna make anymore daily predictions, i'll stick to the long-term calls from here on out 7/29/2007 9:23:35 PM |
ssjamind All American 30102 Posts user info edit post |
http://www.crn.com/it-channel/201201631 7/30/2007 10:14:06 AM |
Mr. Joshua Swimfanfan 43948 Posts user info edit post |
Shoulda held onto that PWRD
:beatup: :beatup: :beatup: :beatup: :beatup: :beatup: 7/30/2007 11:52:42 AM |
ssjamind All American 30102 Posts user info edit post |
yup. i'm going to step back in with a very small amount of $.
[Edited on July 30, 2007 at 1:25 PM. Reason : PWRD] 7/30/2007 1:23:09 PM |
ssjamind All American 30102 Posts user info edit post |
Quote : | "Date: 7/30/2007
Re: Account XXXX ROTH IRA
Dear Pain in the Ass, We are writing you in regards to your cash account and wish to inform you of changes in your account that will affect when sales proceeds are available for additional purchases. Please read this letter carefully. How you handle your account going forward will determine how often and when you will be able to enter purchase orders. Interpretations of Federal Reserve Regulation T, which govern how trades are paid for, state funds from liquidations in cash accounts will not be available to pay for purchases until the settlement date of the sell. Unsettled funds can be used to purchase securities as long as the new purchase is not sold prior to settlement date of the funding sale. If you hold your new purchase until settlement date of the funding sale, this is not considered to be a freeride since the purchase has been paid for with the original unsettled proceeds. If you sell your new purchase prior to the settlement date of the funding sale, your account will be noted with a freeride. This notice has been sent to you because a freeride has occurred in your account. We apologize for any inconvenience this may cause, however, it's a Federal Reserve Requirement, which governs your account and requires us to make this change. You have several options available to you at this time. You can simply reduce the number of trades you do and adhere to the three-business day settlement date. You can provide additional cash to the account to support your desired trading activity. Finally, you can sign a margin agreement which will allow you to trade without the 3 business day hold on sales proceeds. However, a consideration with signing a margin agreement would be the requirement by industry regulations, that if you do 4 roundtrips (a buy and a sell in the same security) in a five day period you will be considered a pattern day trader and will be required to maintain $25,000 minimum equity in the account. There could also be interest charges that would apply on any debit balances past settlement date.
Please note that margin trading is not allowed for Retirement and Custodial accounts. Internal Revenue Service rules limits the amount of contributions for Retirement accounts, which may restrict the amount of cash you can deposit into your account. We ask that you please make an immediate adjustment to your trading patterns since we may be required to place future restrictions on your account. Thank you in advance for your cooperation. For additional information, you can refer to the Message Center and Frequently Asked Questions found on our website. Please contact your local branch office at 919-854-2733 if you have questions regarding this notice. Sincerely, Scottrade, Inc. " |
7/30/2007 4:12:04 PM |
CharlesHF All American 5543 Posts user info edit post |
7/30/2007 10:26:55 PM |
pmcassel All American 1553 Posts user info edit post |
put you some $25k into a MM sweep account? 7/30/2007 11:12:11 PM |
ssjamind All American 30102 Posts user info edit post |
VMWare IPO on Aug 14
http://tinyurl.com/3c3xjy 7/31/2007 9:32:03 AM |
LeGo All American 3916 Posts user info edit post |
article didn't mention much... 23-25 a share was about it. i guess the details will unfold over the next few days.
ssjamind, maybe you can go ahead and cash out so that you will have some free cash and not have to free ride. 25g's is steap and waiting for things to settle makes life hard... 7/31/2007 11:22:32 AM |
ssjamind All American 30102 Posts user info edit post |
yeah, i'm only going to trade a little bit in my Roth. my other more risky account is probably where i'll trade this. might trade 10k or so. we'll see how much cash i can stash away. 7/31/2007 11:37:56 AM |
ssjamind All American 30102 Posts user info edit post |
anyone else own CTRP and not have the split shares show up in their account yet? 7/31/2007 2:13:48 PM |
CharlesHF All American 5543 Posts user info edit post |
Can someone tell me WTF just happened? 7/31/2007 4:25:16 PM |
ssjamind All American 30102 Posts user info edit post |
its important to not let the volatility at the table make you a manic depressive 8/1/2007 1:18:10 PM |
BobbyDigital Thots and Prayers 41777 Posts user info edit post |
TRID has simply made me depressive.
8/1/2007 2:02:05 PM |
pmcassel All American 1553 Posts user info edit post |
rocky road today... damn i really want some ice cream now 8/1/2007 4:04:18 PM |
1in10^9 All American 7451 Posts user info edit post |
i got garmin at $50. sell or what? 8/1/2007 4:31:26 PM |
Mr. Joshua Swimfanfan 43948 Posts user info edit post |
oh fuck me. i sold my GRMN at 60 and haven't looked at since.
I vote sell it and then come to my house and kick me in the nuts for being a dumbass. 8/1/2007 4:34:05 PM |
1in10^9 All American 7451 Posts user info edit post |
heh shorty pants. they are thinking it will hit $110 by thx giving. the way it is flying it will hit that next week. conference call this morning was positive.
i dont know, im still iffy 8/1/2007 4:37:37 PM |
ssjamind All American 30102 Posts user info edit post |
i'm selling stuff here and there on run ups, and buying QQQQ to let it sit until the VMWare IPO
[Edited on August 3, 2007 at 11:53 AM. Reason : sdfggsgf] 8/3/2007 11:52:58 AM |
tmmercer All American 2290 Posts user info edit post |
do you have access to the ipo or are you getting it after it hits market 8/3/2007 12:08:51 PM |
ssjamind All American 30102 Posts user info edit post |
after it hits 8/3/2007 3:51:14 PM |
LeGo All American 3916 Posts user info edit post |
what price is it looking like it will hit? 8/3/2007 3:56:50 PM |
David0603 All American 12764 Posts user info edit post |
Shit, what happened in the last hour? 8/3/2007 4:02:02 PM |
LeGo All American 3916 Posts user info edit post |
Steak for dinner tonight... 8/3/2007 4:05:01 PM |
David0603 All American 12764 Posts user info edit post |
^^^^^ 23-25 per share from the article 8/3/2007 4:06:20 PM |
LeGo All American 3916 Posts user info edit post |
didn't know what it would be like once I was able to get it. didn't know how big the difference would be. 8/3/2007 4:50:44 PM |
tmmercer All American 2290 Posts user info edit post |
it will probably be like 40-50 when it hits 8/3/2007 6:18:23 PM |