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Old 03-02-2005, 09:08 AM   #1
RedShoe
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Is this stock set to rise?

BNK
http://finance.yahoo.com/q/bc?s=BNK&t=5d

It goes up and down like clock work. The last several days it's been very steady, straight across the board, then today, this morning it dropped nearly 6 points. and it's been on the steady rise ever since. It looks like it's heading back up those 6 points to level off again.

Is this worth a quick short term investment? Just to ride it back up to it's drop off point.
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Old 03-02-2005, 09:12 AM   #2
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if anyone knew for sure the stock was going to go up then it wouldnt be called playin the stock market
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Old 03-02-2005, 09:19 AM   #3
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well, I call it investing. But I don't know enough abou the market to know if it's a wise thing or not.
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Old 03-02-2005, 09:35 AM   #4
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read the news on it, then you'll see why it dropped 7 bucks
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Old 03-02-2005, 09:40 AM   #5
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Take your bling bling to Vegas or the horse track.

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Old 03-02-2005, 09:43 AM   #6
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Nope, risk is likely to be on the downside. The rally you saw is most likely short covering (investors who were short the stock pre the collapse were locking in big profits forcing the stock price up). A short covering rally is not a rally at all...
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Old 03-02-2005, 09:44 AM   #7
Fred Quimby
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Originally Posted by Easton
read the news on it, then you'll see why it dropped 7 bucks
werd
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Old 03-02-2005, 09:48 AM   #8
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i dont think i would take stock advice from GFY.
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Old 03-02-2005, 09:48 AM   #9
Bigwilly
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redshoe if you wanna make a low risk return on your investment, invest in mutual funds, do some research online.
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Old 03-02-2005, 10:02 AM   #10
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I've been hearing that mutual funds are a thing of the past and that more people are switching to ETF's.

Do you know of any ETF's that are hot right now?
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Old 03-02-2005, 10:41 AM   #11
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ewz barzil index
eem emergin markets index
xle energy index
iyr real estate index

MIX myspace

for base holding

spy s&p500
dia dow jones
qqqq nasdaq 100
iwm small cap
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Old 03-02-2005, 10:45 AM   #12
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well being as though I dont have it it may, but if I had it, then dont touch it, I always loose on stocks and shares
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Old 03-03-2005, 02:36 PM   #13
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http://finance.yahoo.com/q/bc?s=BNK&t=5d


I'm curious to see if it'll get back to 36
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