Man its a fuckin buyers market out there I feel like a kid in a candy store
What stock are you buying this morning??
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long term almost anything is a buy now
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ICQ# 158802076Comment
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I'm looking at 5 stocks that I might get in on and 8 ETFs that I'll probably setup an auto investment plan for...
Right now my portfolio is -76.08% lolComment
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GE for me. Selling at 6x cash flow. Us companies are ON SALE right now. Well, all over the world.Last edited by ADL Colin; 10-09-2008, 08:15 AM.
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Hey pr0 how are you calculating your projections here. Based on what I have read and heard this past week, which is more than I studied in the past 20 years, most sources seem to project about 8,000 to 8,200.
Are you estimating that number based on a certain percentage decline of the DOW or do you think that this will negatively effect the market more that the dot.com bust?
I'm with Colin on the GE buy and also like NYSE: MKL for long-term and NYSE: FIX for a nice potential short-term return to help recoup some of my recent losses.
Keep looking for companies that are sitting on a lot of cash that are in a position to make some key acquisitions in order to continue steady growth.
Just my
I also have spent a lot of time researching railroad stocks that look pretty solid too.ICQ: 254 914 537 - Skype: AlmightyJimComment
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I have a pretty decent psychic adviserHey pr0 how are you calculating your projections here. Based on what I have read and heard this past week, which is more than I studied in the past 20 years, most sources seem to project about 8,000 to 8,200.
Are you estimating that number based on a certain percentage decline of the DOW or do you think that this will negatively effect the market more that the dot.com bust?
I'm with Colin on the GE buy and also like NYSE: MKL for long-term and NYSE: FIX for a nice potential short-term return to help recoup some of my recent losses.
Keep looking for companies that are sitting on a lot of cash that are in a position to make some key acquisitions in order to continue steady growth.
Just my
I also have spent a lot of time researching railroad stocks that look pretty solid too.
Seriously though i would expect to see 7300 at one point before a rebound.
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i bought 100 shares of iron forehead they own bc headache powder
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Yup, that's the key. Not too much cash though, cos that makes then pop up on the radar too much. Have you seen Apple's balance books recently btw? If Jobs actually pops it, and there's no positive indication to say he's actually getting better, that company is a sitting duck.
I'm purely in the euro market, and in that, it's Arcelormittal (+++), Christian Dior (++), Iliad (++), Manutan (+), Prodef (+/++) and I'm moving to focus some attention in the sector of renewable energy/clean transport, but not found any key companies yet. I may grab some Apple if they ever hit $80.Last edited by borked; 10-09-2008, 01:47 PM.
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All models are wrong, but some are useful. George E.P. Box. p202Comment
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For coding work - hit me up on andy // borkedcoder // com
(consider figuring out the email as test #1)
All models are wrong, but some are useful. George E.P. Box. p202Comment
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I do like this little tidbit though on the news:
My heart bleeds for them. It's cos of them that a lot of this shit is happening. Fucking bloodsuckers.The oil producers cartel Opec will hold an emergency meeting in Vienna on 18 November to discuss the impact of the financial crisis on oil prices, which fell below $87 a barrel
For coding work - hit me up on andy // borkedcoder // com
(consider figuring out the email as test #1)
All models are wrong, but some are useful. George E.P. Box. p202Comment
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before Oct14th, then dump it not too long after.
Problem is with apple is Jobs' health. A recent rumourmonger said he had had a heart attack and the shares dropped instantly, causing and Apple release to deny it, which they wouldn't do normally. The company is 100% centered around the CEO and if he hasn't recovered from the cancer, the stocks are not going to rebound so quickly, if ever.
For coding work - hit me up on andy // borkedcoder // com
(consider figuring out the email as test #1)
All models are wrong, but some are useful. George E.P. Box. p202Comment
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Well considering my portfolio only contains two stocks at the moment it could be worse lol. CC which I bought at $4.29 thinking they were going to get bought out by BBI for $6/share which never happened. Now CC is worth $0.40/share - oy vey!
The other stock is ESLR which I bought because the company is thriving. New deals everyday, building huge new factories every month. Making triple what they thought they would make. Yet, somehow this stock has bottomed out. I got in at $9.49 and its at $3.20 - oy vey!
However - I learned a lot and it was fun to watch. I still think "they" are driving down the ESLR price along with a few others to get in as low as possible. I mean ffs the company is on top of the world.
At the moment I'm looking at 8 ETFs to auto invest in on a monthly basis and about 5 regular stocks that I'm waiting on a good entry point. Some are almost there or are but I think they will go a little lower before going up.
The stock market is fun. Oddly enough when stocks go up it seems like forever but when they fail, god damn, it happens over night.Last edited by fallenmuffin; 10-09-2008, 10:37 PM.Comment
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I heard IBill is a great one to buy lol.IntenseCash - If you can't convert us then you might want to look for a new job
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Haha, this made me laff
Like everything in life, it's hard to get someone to part with their hard earned cash to get them on board, and at the first sign of trouble everyone that you managed to get and stay on board legs it before you can see who's left.
For coding work - hit me up on andy // borkedcoder // com
(consider figuring out the email as test #1)
All models are wrong, but some are useful. George E.P. Box. p202Comment
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"Obscenity is whatever gives the Judge an erection." -- Author UnknownComment
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Can definatly tell the amateurs in here.
Working DOW information to active NASDAQ trading...
Pure insanity.
May as well throw darts at a dart board with company names on it.Last edited by AlienQ - BANNED FOR LIFE; 10-10-2008, 11:07 AM.

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Net present value of their cash flow on their present reserves and production rates would value the company at $170/share. Now that calculation assumed $100/barrel oil. So basically the oil in the ground is being valued at $22/barrel by the market. This is a long term play for me. I don't expect to sell until I have a long term capital gain and sure are expecting something much greater than 10%.
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Areva (FR0004275832 on the french exchange) - I'm still trying to figure out the nosedive of these certs as it's a company that should be protected from the current situation. Areva is the world's biggest nuclear energy producer and recent deals with India and massive growth throughout Europe should have stabilised the certificate prices, yet it started taking a nosedive in Sept and the last 3 days showed 30% wiped off its value.
It came back today slightly, but I just don't get why it dived. It's biggest holder is the atomic energies commission and none of the major guys are in the financial sector. If anyone knows why this behemoth would take a dump, I'd appreciate the info!
Cos next week, I'm going in!
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they even said today "Anybody that walks with a debt on their back are going to suffer. We won't suffer as we have very little debt" maybe why they bounced very slightly back todayLast edited by borked; 10-10-2008, 11:44 AM.
For coding work - hit me up on andy // borkedcoder // com
(consider figuring out the email as test #1)
All models are wrong, but some are useful. George E.P. Box. p202Comment
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Well heres a heads up for some of you guys who don?t know where to turn?.
I am a master investor in fact I may be related to Mr. Buffet somewhere in my family tree
But heres what I did Friday letters in quotes are stock symbols for each company
First I waited until Bush began his speech about the markets? you can almost always expect a downtick when he opens his mouth
5638 shares ?gm? as gas drops and credit comes back sales will increase
3000 share ?pg? bought to make up for all the risk im taking? tide with bleach sells in china
5000 shaes ?F? same as gm
Shored up an existing position with 4000 shares in ?java? this is my sleeperComment
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lol yeah i do some cuckold stuff lol so it jumped out at me right away
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buy fannie mae or freddie mac...the government can't let them go down and long term they have to go insane upComment
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I'm actually thinking of a buy and 5 year hold of the following:
Dow Chemical (DOW)
Bank of America (BAC)
Wells Fargo (WFC)
General Electric (GE)
Verizon (VZ)
AT&T (T)
Merck (MRK)
.Michael Sperber / Acella Financial LLC/ Online Payment Processing
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