I love GOOG right now. I'm shorting it (buying puts) and up 275%. YHOO is another great one I'm shorting. In the short term, I think we will continue down a bit. Nothing is corrected yet. Not until major companies release positive earnings will it start to rebound.

I purchased it all at market value in bullion (small bars) from our pawnbroker place, they are more than that though like they still pay prospectors for gold out of the rivers, so forth. It is all held in a safety deposit box for the most part.

I wish I had that much. I just invest long term and do not pretend like I know it all. I do know that in reality nobody knows the market at such levels.

http://finance.google.com/finance?q=v

is trading at its ipo price right now.. interested to see if this thing will go down even more.. imho this is a great stock thats taking a beating right now..

Russian oil and gas stocks!!!

pork bellies!!!!!!!!!!!

I'm not talking about you with that statement, you don't come arround as beeing a cocky 'know it all' guy. You just give your opinion from personal experiences. That is okay.

Some guys in this thread and others about the market and the credit crisis are talking about the stock market and they haven't put 1000 $ in it yet.

Of course! I have billions in stock just like every other person in here... :2 cents:

who are you referring to?

Wait till the election is over.

If Obama win's I would go for reneweable energy companies and services.
If McCaine Wins... Well take that money and leave the country.

I will be moving to Brazil if McCaine wins.

gold performace was even great in deflationary economics, check out 1929-1933 depression.
however, there is a great chance of total panic by goverments and central banks = money printing = gold up.

Lots of people on the board giving their predictions about the bottom of the market. Obviously not people actually investing or planning to invest in the market. GFY doctors kind of people... there are many of them here.

ahhhhh. yah.

i openly admit i don't know shit. that was the point of the thread. lol.

only thing i really understand pretty in depth is real estate and i have my best friend to thank for that.

however, even he is at a loss for words right now on what's going to happen and when the housing market will completely bone out.

i wanna put some money in the stock market, but i have no idea what to invest in.

I'm just looking at it from my perspective and those I know. I have a Blackberry primarily because they were the only phone that really handled e-mail well. The options were Blackberry or Palm (which was just a mess).

Now everyone has copied them and Apple. Every company has a version of those phones, often times cheaper. I just don't see them growing like they have been when everyone is doing what they are doing now. Take me for instance, I won't be buying a Blackberry again. There are simply other phones just as good and cheaper. They'll still sell a ton of phones, I just don't think they'll do so at this rate of growth.

It's also not going to be a great market for expensive cell phones. A deep recession means that high priced goods get cut first. Will people hang on to their phones for an extra 6 months? Will they choose cheaper alternatives?

One thing to look at is that there are rumors floating around that Microsoft would be a potential buyer if they continue to fall. Would give them instant access to a massive online base, including a strong business one.

My advice is to stick with high yield blue chip stocks that won't be hurt heavily by the recession. Remember that the lower the price is, the higher the yield will be on your investment. Mix in a few speculative plays like RIMM and GOOG to make it interesting if you want.

Right now that would actually be VERY risky.


LOTS of people will be shutting down the expensive connections to save, and a lot will be getting rid of connections all together for a while. Food before fun.