When the Hell is it Going to Stop? When to Buy? [Stock Market Question] - GoFuckYourself.com

pocketkangaroo · 09-15-2008, 05:44 PM

Once the DOW dropped 400 today I thought it would have a mini rally and end up at 300. Instead went down to 500. So I'm thinking maybe it will rally some tomorrow but the futures already are down 120 since close.

Is tomorrow going to be another shit storm or will there be a nice rally? Trying to pick my spot here but don't want to get wiped out in the tsunami.

GetSCORECash · 09-15-2008, 05:48 PM

Quote:

The more the financial market suffers, the more the real economy will feel the impact through reduced credit. In turn, a weaker economy will just make Wall Street problems worse.

From an article on Market Watch.

With the recent news that the FED may cut interest rates tommorow. The market may go up, but the dollar is going to take a dive.

Same article I quoted above makes a mention of more FED cuts in six months.

AdPatron · 09-15-2008, 05:49 PM

Great time to buy! Apple and Dell esp.

OG LennyT · 09-15-2008, 05:50 PM

Good sectors to buy into right now are energy and tech.. stay far away from financials obviously

pocketkangaroo · 09-15-2008, 05:59 PM

Quote:

Originally Posted by OG LennyT

Good sectors to buy into right now are energy and tech.. stay far away from financials obviously

Energy got eaten alive today. With oil dropping and the economy slowing down, do you really see that as a good play right now?

camgirlshide · 09-15-2008, 06:03 PM

it is time to buy when you stop asking this question

marketsmart · 09-15-2008, 06:04 PM

wait til CPI comes out tonight and tomorrow morning...

if its weak like i think its going to be in both europe and US, i think tomorrow we be another nice dip...

Sly · 09-15-2008, 06:04 PM

I don't know anything about stocks... but if there is a solid company and it is down and you don't think it's going to fold within the next 10 to 15 years... wouldn't that be a good buy assuming you were in for the long haul?

The Heron · 09-15-2008, 07:11 PM

Buy when there is blood in the streets

DateDoc · 09-15-2008, 07:17 PM

The market will probably drop more than 500 points again tomorrow. AIG has to raise $75 billion tomorrow or will be filing bankruptcy on weds. Moody and Standard & Poor both just downgraded AIG tonight which is going to make it harder for them to get cash.

JakeR · 09-15-2008, 07:24 PM

Quote:

Originally Posted by DateDoc

The market will probably drop more than 500 points again tomorrow. \

hope nobody takes investment advice off of gfy

DateDoc · 09-15-2008, 07:32 PM

Hang Seng is in a free fall right now - down 1200+ - http://www.hsi.com.hk/

Nikkei is down 4% - http://www.nni.nikkei.co.jp/

woj · 09-15-2008, 07:40 PM

things are looking rough right now:

Canada TSX 12,254 -515.55 (-4.04%)
France CAC 40 4,169 -163.69 (-3.78%)
Germany DAX 100 6,064 -170.73 (-2.74%)
Hong Kong Hang Seng 18,209 -1143.84 (-5.91%)
Japan Nikkei 225 11,596 -618.67 (-5.06%)
U.K. FTSE 100 5,204 -212.50 (-3.92%)
U.S. DOW 10,918 -504.48 (-4.42%)
Denmark KFX 379.70 -12.13 (-3.10%)
Finland HEX 7,640 -160.68 (-2.06%)
Sweden SAX 262.83 -7.91 (-2.92%)

Brujah · 09-15-2008, 07:44 PM

Washington Mutual Inc., the biggest U.S. savings and loan, had its credit rating cut to junk by Standard & Poor's because of the deteriorating housing market.

ADL Colin · 09-15-2008, 07:51 PM

"I never try to predict the market. I?ve made money over the years by buying into good companies, run by good people, at attractive prices. And I don?t try and make it out of buying into the market at one point and selling at another point. " - Warren Buffett

OG LennyT · 09-15-2008, 07:53 PM

Quote:

Originally Posted by pocketkangaroo

Energy got eaten alive today. With oil dropping and the economy slowing down, do you really see that as a good play right now?

Oil is a commodity play for starters and you buy when stock's at it's low.. hence the buy energy and tech statement I made

DateDoc · 09-16-2008, 03:35 AM

JP Morgan is looking to buy WaMu again. WaMu turned them down earlier this year with their $8/share offer. Now their stock is $2 and with S&P and Moody rating them as junk I doubt they will get much more.

slapass · 09-16-2008, 04:25 AM

Quote:

Originally Posted by ADL Colin

"I never try to predict the market. I?ve made money over the years by buying into good companies, run by good people, at attractive prices. And I don?t try and make it out of buying into the market at one point and selling at another point. " - Warren Buffett

That is a crazy quote as he is famous for buying when things are out of favor. Best market timer in the world and he says he doesn't do it....

DateDoc · 09-16-2008, 05:23 AM

Goldman Sachs beat estimates by $0.10 but is it enough? Don't think so.

jalami · 09-16-2008, 05:44 AM

Quote:

Originally Posted by slapass

That is a crazy quote as he is famous for buying when things are out of favor. Best market timer in the world and he says he doesn't do it....

It's lonely at the top, and he prefers to keep it that way.

miroz · 09-16-2008, 06:11 AM

Russian RTS dropped on -11%

(

DateDoc · 09-16-2008, 06:36 AM

Quote:

Originally Posted by miroz

Russian RTS dropped on -11%

(

it was down 20% when trading was halted so it made a bit of a come back.

09-15-2008, 05:44 PM	#1
pocketkangaroo Confirmed User Join Date: Jan 2005 Location: Chicago, IL Posts: 8,452	When the Hell is it Going to Stop? When to Buy? [Stock Market Question] Once the DOW dropped 400 today I thought it would have a mini rally and end up at 300. Instead went down to 500. So I'm thinking maybe it will rally some tomorrow but the futures already are down 120 since close. Is tomorrow going to be another shit storm or will there be a nice rally? Trying to pick my spot here but don't want to get wiped out in the tsunami.

09-15-2008, 05:50 PM	#4
OG LennyT Wall Street Pimp Industry Role: Join Date: Jun 2003 Location: Phoenix, AZ Posts: 14,345	Good sectors to buy into right now are energy and tech.. stay far away from financials obviously __________________ Tradeking - my online broker \| 4.95 a trade \| make real $$

09-15-2008, 06:03 PM	#6
camgirlshide Confirmed User Join Date: Jan 2005 Posts: 1,558	it is time to buy when you stop asking this question __________________ Useful adult webmaster links - Alphabetical list of solo models with webcam Stats on my best converting affiliate programs - camgirlshide webmaster blog complete list of affiliate programs I use.

09-15-2008, 06:04 PM	#8
Sly Let's do some business! Industry Role: Join Date: Sep 2004 Location: Austin, TX Posts: 31,329	I don't know anything about stocks... but if there is a solid company and it is down and you don't think it's going to fold within the next 10 to 15 years... wouldn't that be a good buy assuming you were in for the long haul? __________________ Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Windows VPS now available Great for TSS, Nifty Stats, remote work, virtual assistants, etc. Click here for more details.

09-15-2008, 07:17 PM	#10
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	The market will probably drop more than 500 points again tomorrow. AIG has to raise $75 billion tomorrow or will be filing bankruptcy on weds. Moody and Standard & Poor both just downgraded AIG tonight which is going to make it harder for them to get cash. __________________ Last edited by DateDoc; 09-15-2008 at 07:21 PM..

09-15-2008, 05:49 PM	#3
AdPatron No commissions, no fees. Industry Role: Join Date: Apr 2003 Location: USA Posts: 17,706	Great time to buy! Apple and Dell esp.

09-15-2008, 06:04 PM	#7
marketsmart HOMICIDAL TROLL KILLER Industry Role: Join Date: Dec 2004 Location: Sunnybrook Institution for the Criminally Insane Posts: 20,419	wait til CPI comes out tonight and tomorrow morning... if its weak like i think its going to be in both europe and US, i think tomorrow we be another nice dip...

09-15-2008, 07:11 PM	#9
The Heron Confirmed User Industry Role: Join Date: Apr 2001 Location: Michigan Posts: 4,488	Buy when there is blood in the streets

09-15-2008, 07:32 PM	#12
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	Hang Seng is in a free fall right now - down 1200+ - http://www.hsi.com.hk/ Nikkei is down 4% - http://www.nni.nikkei.co.jp/ __________________

09-15-2008, 07:40 PM	#13
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	things are looking rough right now: Canada TSX 12,254 -515.55 (-4.04%) France CAC 40 4,169 -163.69 (-3.78%) Germany DAX 100 6,064 -170.73 (-2.74%) Hong Kong Hang Seng 18,209 -1143.84 (-5.91%) Japan Nikkei 225 11,596 -618.67 (-5.06%) U.K. FTSE 100 5,204 -212.50 (-3.92%) U.S. DOW 10,918 -504.48 (-4.42%) Denmark KFX 379.70 -12.13 (-3.10%) Finland HEX 7,640 -160.68 (-2.06%) Sweden SAX 262.83 -7.91 (-2.92%) __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

09-15-2008, 07:44 PM	#14
Brujah Beer Money Baron Industry Role: Join Date: Jan 2001 Location: brujah / gmail Posts: 22,157	Washington Mutual Inc., the biggest U.S. savings and loan, had its credit rating cut to junk by Standard & Poor's because of the deteriorating housing market. __________________ Free Premium Domain Lists and Tools at Clickmojo.com For Sale: Obscenity.com

09-15-2008, 07:51 PM	#15
ADL Colin Too lazy to set a custom title Join Date: Feb 2001 Location: Tube Titans, USA Posts: 11,929	"I never try to predict the market. I?ve made money over the years by buying into good companies, run by good people, at attractive prices. And I don?t try and make it out of buying into the market at one point and selling at another point. " - Warren Buffett __________________ Adult Date Link - $50 PPS starting NOW! -- good and JUICY! skype = "adultdatelink"

09-16-2008, 03:35 AM	#17
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	JP Morgan is looking to buy WaMu again. WaMu turned them down earlier this year with their $8/share offer. Now their stock is $2 and with S&P and Moody rating them as junk I doubt they will get much more. __________________

09-16-2008, 05:23 AM	#19
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	Goldman Sachs beat estimates by $0.10 but is it enough? Don't think so. __________________

09-16-2008, 06:11 AM	#21
miroz Confirmed User Join Date: Aug 2006 Posts: 387	Russian RTS dropped on -11% ( __________________ TommyPimp.com - my favorite celebrity program Buy traffic