AWW$HEEET Posted August 8, 2011 Author Report Share Posted August 8, 2011 Some of the trash I have read people want to place the blame in all the wrong places. where like a cnn message board feed? lol. Quote Link to comment Share on other sites More sharing options...
jeffro Posted August 8, 2011 Report Share Posted August 8, 2011 money.cnn.com is down. Quote Link to comment Share on other sites More sharing options...
wagner Posted August 8, 2011 Report Share Posted August 8, 2011 where like a cnn message board feed? lol. All over the place, CNN, MSNBC, Fake News, local news sites, other message boards. People just crack me up over this stuff. Now mind you, I know enough just to be dangerous, but I also know when someone is trying to sell me a turd in a snuggie. Quote Link to comment Share on other sites More sharing options...
AWW$HEEET Posted August 8, 2011 Author Report Share Posted August 8, 2011 All over the place, CNN, MSNBC, Fake News, local news sites, other message boards. People just crack me up over this stuff. Now mind you, I know enough just to be dangerous, but I also know when someone is trying to sell me a turd in a snuggie. Not to stir the pot, but S&P did come out and say the Obama speech was a smokescreen and they know he's just mad about the downgrade. Quote Link to comment Share on other sites More sharing options...
Supplicium Posted August 8, 2011 Report Share Posted August 8, 2011 buy dips sell rips.. market should bounce back alittle as we cover our shorts. Quote Link to comment Share on other sites More sharing options...
AWW$HEEET Posted August 8, 2011 Author Report Share Posted August 8, 2011 buy dips sell rips.. market should bounce back alittle as we cover our shorts. im buyin some SBUX and MCD. shit i already should have had in my acct, but now can buy at a discount. Quote Link to comment Share on other sites More sharing options...
wagner Posted August 8, 2011 Report Share Posted August 8, 2011 Not to stir the pot, but S&P did come out and say the Obama speech was a smokescreen and they know he's just mad about the downgrade. No stiring, it is imporant I think that the real humans of this country talk about this stuff and try to make things better. We need to make up for the large and scary portion of this country that is not educated and eating the shit ice cream sammich as the watch MTV. Quote Link to comment Share on other sites More sharing options...
Flyin Miata Posted August 9, 2011 Report Share Posted August 9, 2011 I learned my lesson this week. When you come into a large amount of stock in one company, don't let it just sit there. Probably should have branched out on my inheritance, but at this point I'm just waiting for a rebound. I did finally get into my 401k at work this week though. Nothing like some free money. Quote Link to comment Share on other sites More sharing options...
Trouble Maker Posted August 9, 2011 Report Share Posted August 9, 2011 I learned my lesson this week. When you come into a large amount of stock in one company, don't let it just sit there. Probably should have branched out on my inheritance, but at this point I'm just waiting for a rebound. I did finally get into my 401k at work this week though. Nothing like some free money. http://www.youtube.com/watch?v=Qid_WGBrQjA Quote Link to comment Share on other sites More sharing options...
Mallard Posted August 9, 2011 Report Share Posted August 9, 2011 I learned my lesson this week. When you come into a large amount of stock in one company, don't let it just sit there. Probably should have branched out on my inheritance, but at this point I'm just waiting for a rebound. I did finally get into my 401k at work this week though. Nothing like some free money. I learned a lesson too. When you know the market is going to plummet, buy double weighted shorts of the market (QID). Get in, get out, profit. Quote Link to comment Share on other sites More sharing options...
Sturg1647545502 Posted August 9, 2011 Report Share Posted August 9, 2011 the differences between AAA and AA+ are actually negligible. The speculative problem is that in contracts and laws for major purchasing compaines(colleges, businesses, etc) are written that they can only engage with AAA. All they need to do is reword that little bit. http://www.huffingtonpost.com/2011/08/06/us-credit-downgrade-history_n_920280.html Quote Link to comment Share on other sites More sharing options...
HotCarl Posted August 9, 2011 Report Share Posted August 9, 2011 someone please give me some cliffnotes on short selling? i get the jist of it but still never understood how you make any profit from it. Quote Link to comment Share on other sites More sharing options...
AWW$HEEET Posted August 9, 2011 Author Report Share Posted August 9, 2011 someone please give me some cliffnotes on short selling? i get the jist of it but still never understood how you make any profit from it. you "sell" stock that isnt yours. basically you make money by buying selling stock then buying it back at a lower price. example: you think mcdonalds stock is gonna take a shit. you obviously wouldn't want to buy any of it. so you can do the opposite, short sell it. say its trading at $85 per share. you decide to short sell 1 share at $85. suppose you wait a week, and its down to $82 per share. you buy one share at $82 to cover your short position. You just made $3. Quote Link to comment Share on other sites More sharing options...
LJ Posted August 9, 2011 Report Share Posted August 9, 2011 someone please give me some cliffnotes on short selling? i get the jist of it but still never understood how you make any profit from it. Let's say you wanna short sell PNC You borrow 100 shares of PNC from someone when the price is currently $10, you then sell those 100 shares at $10. You then buy back the 100 shares at $5. You just made $5 per share. Quote Link to comment Share on other sites More sharing options...
Forrest Gump 9 Posted August 10, 2011 Report Share Posted August 10, 2011 Becareful out there my brothers. The last couple days kinda reminiscent of Dec '07. Quote Link to comment Share on other sites More sharing options...
AWW$HEEET Posted August 10, 2011 Author Report Share Posted August 10, 2011 Becareful out there my brothers. The last couple days kinda reminiscent of Dec '07. 08 you mean? but yeah, dont buy into these pops. i have a feeling we still have a ways to drop... if you look at the 08 charts, most of the carnage took place over about a month or so, a few days isn't anything. of course the bad news kept flowing, the landscape was a little different. i think this should capitulate somewhat quicker as market participants will be a little more agile this go-around. Quote Link to comment Share on other sites More sharing options...
verse Posted August 10, 2011 Report Share Posted August 10, 2011 08 you mean? but yeah, dont buy into these pops. i have a feeling we still have a ways to drop... if you look at the 08 charts, most of the carnage took place over about a month or so, a few days isn't anything. So should I pull my 401K out of the aggrestive investment path and put it in a conversative path for a few weeks? or will that not really help anything? Quote Link to comment Share on other sites More sharing options...
AWW$HEEET Posted August 10, 2011 Author Report Share Posted August 10, 2011 So should I pull my 401K out of the aggrestive investment path and put it in a conversative path for a few weeks? or will that not really help anything? leave 401k's alone. the idea around long term investment is that you want to catch all the pops and drops, and it will average out to you realizing a long term gain when you cash out. trying to predict them with your retirement at stake is not good. if you want to, invest in some speculative stuff with discretionary funds, but I wouldn't use any money you are gonna count on down the line. Quote Link to comment Share on other sites More sharing options...
CRed05 Posted August 10, 2011 Report Share Posted August 10, 2011 leave 401k's alone. This. When I started my 401K it was right before the great depression of 08, I was banking where people who have been it it longer were tanking. Quote Link to comment Share on other sites More sharing options...
Trouble Maker Posted August 10, 2011 Report Share Posted August 10, 2011 leave 401k's alone. the idea around long term investment is that you want to catch all the pops and drops, and it will average out to you realizing a long term gain when you cash out. trying to predict them with your retirement at stake is not good. To a certain extent yes. I wouldn't fuck with it myself, but my 401K company automatically moves stuff around based on the markets and my growth request e.g. aggressive or stable. Quote Link to comment Share on other sites More sharing options...
AWW$HEEET Posted August 10, 2011 Author Report Share Posted August 10, 2011 market took another hearty shit today. ill probably be doing some buying tomorrow or friday. Quote Link to comment Share on other sites More sharing options...
Tractor Posted August 11, 2011 Report Share Posted August 11, 2011 market took another hearty shit today. ill probably be doing some buying tomorrow or friday. Same here, looking for a bottom for some quick bucks. Quote Link to comment Share on other sites More sharing options...
AWW$HEEET Posted August 18, 2011 Author Report Share Posted August 18, 2011 looks like another buying opportunity. Quote Link to comment Share on other sites More sharing options...
AWW$HEEET Posted August 24, 2011 Author Report Share Posted August 24, 2011 Here's a little tid bit of info for all you fags who are long AAPL. Watch it drop like a rock. http://money.cnn.com/2011/08/24/technology/steve_jobs_resigns/index.htm?hpt=hp_t1 SUCK IT. Quote Link to comment Share on other sites More sharing options...
dakotart Posted August 25, 2011 Report Share Posted August 25, 2011 Here's a little tid bit of info for all you fags who are long AAPL. Watch it drop like a rock. http://money.cnn.com/2011/08/24/technology/steve_jobs_resigns/index.htm?hpt=hp_t1 SUCK IT. Not that I could afford AAPL, but I can't help but think that 75% of investors should have already accounted for him leaving. Then again, maybe not, looks to be down 5% in aftermarket trading. Quote Link to comment Share on other sites More sharing options...
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