Can't get much worse...

6/9/2008 10:09:36 AM

sure it can, and it probably will

Looking back at last week, I believe fully that we had a sucker rally.

Will it go below 12,000?

Consider this - in ~3 weeks funds will lock in their Q2 profits. If the market continues to sag, they will sell. That becomes a self-fulfilling downward spiral

June will be, imho, nasty

6/9/2008 11:03:52 AM

What I meant was, I don't think we'll see a bigger one day drop any time soon.

Respond to my real estate thread question.

6/9/2008 11:12:29 AM

^^ i too think we may test the March low.

^ there's no telling. the bottom can fall out at any time.

6/9/2008 12:05:13 PM

I honestly won't be suprised if we see a significantly larger one-day drop in the next, say, three months.

Instability and uncertainty abound right now, I think when the right (wrong) set of circumstances line up over the summer a 5% drop seems very possible; a 1,000 point drop wouldn't shock me.

6/9/2008 12:06:16 PM

Well several stocks have dropped below the level I set to look at buying, too bad I have most of my cash sitting in stocks that are also down below my sell level haha, GTE is all that is saving my board from being total red again

6/9/2008 12:54:27 PM

V

6/9/2008 2:36:33 PM

at this point, all i can do is hold onto DCR and hope crude retests 120

a sell is not worth it

6/9/2008 3:45:13 PM

Down 94 % ytd, damn.

6/9/2008 3:54:06 PM

i bought thursday

6/9/2008 3:55:18 PM

Quote :

"Instability and uncertainty abound right now, I think when the right (wrong) set of circumstances line up over the summer a 5% drop seems very possible; a 1,000 point drop wouldn't shock me."

I've heard this before too, but I'd think the dow would need to get to 12.8, maybe even 13 and then I can see a 4-600 point loss, but 1,000, that'd be something...something bad....But I don't expect to see new lows, as in 11.7 back in January(?)

6/9/2008 5:21:27 PM

+HK, +CPST, +V

6/10/2008 10:38:03 AM

It might be time to dump some of my VWO. It's performance over the past 8 months hasn't been very impressive.

6/10/2008 3:59:06 PM

Today is

6/11/2008 10:29:23 AM

may be time to buy V here soon. what you guys think? last time it got here it shot up 14% in a few days heh

6/11/2008 10:44:01 AM

I'm tempted to get some more V or maybe some RIMM if it drops below 130.

6/11/2008 10:49:23 AM

Agreed today is and the past week or so is

6/11/2008 11:12:49 AM

I picked up more V this morning at 79.51 and 78.97.

6/11/2008 11:35:41 AM

what's up with V getting sued by Discover for $6b ?

6/11/2008 12:55:19 PM

http://www.businessweek.com/ap/financialnews/D916TP680.htm

6/11/2008 1:28:48 PM

FYI...VWO is splitting Friday.

6/11/2008 1:49:05 PM

Goddamn, MOS topped $150 today.

6/11/2008 3:24:34 PM

Quote :

"kwsmith2 All American 2498 Posts user info edit post 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 "

Almost there and more bad news from Ms. Whitney

http://www.cnbc.com/id/25103122

The woman knows her shit.

[Edited on June 11, 2008 at 6:48 PM. Reason : .]

6/11/2008 6:47:34 PM

AGU broke the $100 barrier

6/11/2008 10:41:36 PM

got more HK

6/12/2008 11:12:14 AM

You get any V, bous?

6/12/2008 1:00:16 PM

Microsoft reportedly is no longer interested in buying Yahoo!

Supposedly, Yahoo! is maybe getting into some kind of partnership with Google.

[Edited on June 12, 2008 at 3:20 PM. Reason : /]

6/12/2008 3:14:35 PM

MSFT up, YHOO down, GE is going in the shitter.

6/12/2008 3:52:02 PM

http://news.yahoo.com/s/nm/20080612/bs_nm/exxon_dc

Wonder what XOM will do tomorrow...

6/12/2008 7:34:26 PM

Well despite most of my stocks deciding to suck lately at least I found one positive one. Picked up GTE at 5.90 on 5/28 and it hit my target sell of 7.05 today so finally got to at least take some profit. Now lets hope I dont see it shoot up higher, although I pretty much thought it would cap out at 7 right now.

[Edited on June 13, 2008 at 9:52 AM. Reason : .]

6/13/2008 9:45:50 AM

I really don't think Google is interested in buying Yahoo...

I sold everything Monday and have been sitting...I've got a few stocks picked out, but I'm going to wait for the upswing.

6/13/2008 10:27:03 AM

it could possibly maybe happen eventually probably...

i've noted for a while that there's a lot of good blood between Google and Yahoo founders. Yahoo founders helped Google get their bearings in their early days

6/13/2008 11:33:14 AM

Thinking of selling some of my V so I can afford a camera for an upcoming trip...

6/13/2008 3:04:06 PM

Also -- V announced a quarterly dividend of $0.105 per share.

6/13/2008 3:17:09 PM

is V still a good buy now? its gone up so much in the past couple months... :/

6/14/2008 6:32:36 PM

At this point I would hold off in buying V. Wait for the signals. Sometimes no trade is the best trade.

6/16/2008 1:00:18 AM

worst trade ever for me in my 11 years of trading:

DCR

6/16/2008 4:12:39 PM

Ouch. When did you pick that one up?

6/16/2008 4:14:16 PM

thursday before last. forgot to pout a stop on it.

was in meetings all week and didn't get to watch it.


note to self: be more careful and use stops; and if your day job is going to occupy all your time, don't make trades on volatile names.

6/16/2008 4:17:39 PM

That's definitely bitten me in the ass before.

Looks like the VWO split got pushed back to Wednesday.

6/16/2008 4:28:04 PM

From RBS via the UK Telegraph this morning:

Quote :

" The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks. "A very nasty period is soon to be upon us - be prepared," said Bob Janjuah, the bank's credit strategist. A report by the bank's research team warns that the S&P 500 index of Wall Street equities is likely to fall by more than 300 points to around 1050 by September as "all the chickens come home to roost" from the excesses of the global boom, with contagion spreading across Europe and emerging markets. Such a slide on world bourses would amount to one of the worst bear markets over the last century. "

6/18/2008 9:07:38 AM

well i'll be damned

6/18/2008 10:16:45 AM

Shit.

Maybe I'll sell it all now then...

edit: although it does sound a bit like Chicken-Little

[Edited on June 18, 2008 at 10:26 AM. Reason : ]

6/18/2008 10:25:56 AM

Yeah well I also hear people everyday saying that oil is going back down to 100 dollars a barrel and we see how well that has worked out so far.

Yesterday would have been a good day for me to pull out of a few with some profits, unfortunately today they gave them all back mostly

[Edited on June 18, 2008 at 10:35 AM. Reason : .]

6/18/2008 10:28:50 AM

^ I actually won't be suprised to see oil back under $100, even under $85, relatively soon - but as far as timing I think it could be anywhere from 4 months to 3 years, and it could peak anywhere from $150 to $250, so who knows.

6/18/2008 10:37:18 AM

maybe RBS is heavily invested in SDS

In other news, the dow might drop below the 12k mark today, a bit sooner than i expected.

6/18/2008 10:54:09 AM

^^ there's nothing i'd like to see more in the markets than for oil to break below 120

6/18/2008 11:02:18 AM

yep its headed south today, my watch board is full or nothing but red it seems, I also would love to see oil drop below 120

6/18/2008 11:09:58 AM

Dow 12,020.67 -139.63 -1.15%

6/18/2008 1:32:26 PM

Bleh.

6/18/2008 4:21:03 PM