US market up 17% from Friday's bottom - GoFuckYourself.com

ADL Colin · 10-13-2008, 01:00 PM

Wow. And ... wow.

notime · 10-13-2008, 01:05 PM

Quote:

Originally Posted by ADL Colin

Wow. And ... wow.

https://gfy.com/14889770-post3.html

I don't get it

woj · 10-13-2008, 01:09 PM

I should have bought more... I kinda knew this would happen, but still held back a bit, should have went all out

yys · 10-13-2008, 01:10 PM

Quote:

Originally Posted by notime

https://gfy.com/14889770-post3.html

I don't get it

He wanted to buy more on the cheap would be my guess.

Wow is right. I certainly didn't expect a rally this soon.

Do you think we get a pullback tomorrow?

ADL Colin · 10-13-2008, 01:12 PM

Quote:

Originally Posted by notime

https://gfy.com/14889770-post3.html

I don't get it

;-)

Given the historically low valuations being placed on top companies right now all of us who plan to be buying stocks in the coming year should hope for lower prices. As Warren Buffet has said "If I'm a net buyer, obviously I would rather have prices go down than up".

I try to keep this in mind but of course when you have a huge percentage of your net worth in stocks it is difficult not to get EMOTIONALLY excited about big up days - even when in the LONG RUN it is to your disadvantage.

notime · 10-13-2008, 01:16 PM

Quote:

Originally Posted by ADL Colin

;-)

Given the historically low valuations being placed on top companies right now all of us who plan to be buying stocks in the coming year should hope for lower prices. As Warren Buffet has said "If I'm a net buyer, obviously I would rather have prices go down than up".

I try to keep this in mind but of course when you have a huge percentage of your net worth in stocks it is difficult not to get EMOTIONALLY excited about big up days - even when in the LONG RUN it is to your disadvantage.

Now I get it

Good thing I am blond

ADL Colin · 10-13-2008, 01:16 PM

Quote:

Originally Posted by yys

He wanted to buy more on the cheap would be my guess.

Yeah last week I took everything that I won't need for the next few years and put it in the market. Up 24% on those shares so far.

These are the cheapest valuations I've ever seen

notime · 10-13-2008, 01:20 PM

Quote:

Originally Posted by ADL Colin

Yeah last week I took everything that I won't need for the next few years and put it in the market. Up 24% on those shares so far.

These are the cheapest valuations I've ever seen

Congrats on your winnings. I guess the next days the only way is up because good news is what investors were waiting for to get them going again.

ADL Colin · 10-13-2008, 01:24 PM

Quote:

Originally Posted by notime

Congrats on your winnings. I guess the next days the only way is up because good news is what investors were waiting for to get them going again.

I have no idea. I only think in 10 year time frames. I don't know anyone who can predict tomorrow or this week with any accuracy.

notime · 10-13-2008, 01:31 PM

Quote:

Originally Posted by ADL Colin

I have no idea. I only think in 10 year time frames. I don't know anyone who can predict tomorrow or this week with any accuracy.

The last part is 100% true, the good thing is: when prices are at an all time low, the only way is up

Now would be a good time to buy the right stocks and make some green.

yys · 10-13-2008, 01:31 PM

Quote:

Originally Posted by ADL Colin

Yeah last week I took everything that I won't need for the next few years and put it in the market. Up 24% on those shares so far.

These are the cheapest valuations I've ever seen

I saw you mention that in your thread last week. Its a good year to be a contrarian value investor.

Heres a few well worn but time tested investing maxims from the late great Sir John Templeton that fit nicely with your approach.

Quote:

To buy when others are despondently selling and to sell when others are greedily buying requires the greatest fortitude and pays the greatest reward.

Quote:

Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell,

Quote:

Originally Posted by ADL Colin

I have no idea. I only think in 10 year time frames. I don't know anyone who can predict tomorrow or this week with any accuracy.

I said in a thread last week that timing the market is a mugs game. You obviously would like to buy stocks at their lowest price but who knows what that is in a market like this. Instead find solid companies with ridiculous valuations/multiples and pick them up. Well they might go down a bit more they will certainly rise faster and further when the market turns for good.

ADL Colin · 10-13-2008, 01:37 PM

Quote:

Originally Posted by yys

Heres a few well worn but time tested investing maxims from the late great Sir John Templeton that fit nicely with your approach.

Great hero to have. Over the weekend I was telling my g/f that famous story about Templeton. About how at the beginning of WW II he borrowed money to buy $100 worth of 104 stocks on the NYSE trading below $1. I think he borrowed $10,000 and ended up making $40,000 in 4 years.

ADL Colin · 10-13-2008, 01:39 PM

Quote:

Originally Posted by yys

I said in a thread last week that timing the market is a mugs game. You obviously would like to buy stocks at their lowest price but who knows what that is in a market like this. Instead find solid companies with ridiculous valuations/multiples and pick them up. Well they might go down a bit more they will certainly rise faster and further when the market turns for good.

Couldn't agree more. 100%.

VeriSexy · 10-13-2008, 01:41 PM

I am kicking myself

tranza · 10-13-2008, 01:43 PM

The stock market is going up 14% here in Brazil.

teomaxxx · 10-13-2008, 01:47 PM

I am actually waiting rather to to buy put options again, once current rally will go up a bit higher.

the biggest daily gains in the history:

1 15.03.1933 62,10 +8,26 +15,34
2 06.10.1931 99,34 +12,86 +14,87
3 30.10.1929 258,47 +28,40 +12,34
4 21.09.1932 75,16 +7,67 +11,36
5 21.10.1987 2.027,85 +186,84 +10,15
6 03.08.1932 58,22 +5,06 +9,52
7 11.02.1932 78,60 +6,80 +9,47
8 14.11.1929 217,28 +18,59 +9,36
9 18.12.1931 80,69 +6,90 +9,35
10 13.02.1932 85,82 +7,22 +9,19

look on the years, when they happened. All of them were bear market rallies.
I bet we still didnt saw true market bottom yet, cause this recession is going to be big and long.

notime · 10-13-2008, 02:00 PM

"Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell,"

Nice quote ! Never saw it before but it covers the entire stockmarket essence.

notime · 10-13-2008, 02:02 PM

ing bank in Holland went up: 27,21% today

Euro 456.692.965,96 was bought (worth their stocks in one day)

qwe · 10-13-2008, 02:33 PM

what a day

10-13-2008, 01:00 PM	#1
ADL Colin Too lazy to set a custom title Join Date: Feb 2001 Location: Tube Titans, USA Posts: 11,929	US market up 17% from Friday's bottom Wow. And ... wow. __________________ Adult Date Link - $50 PPS starting NOW! -- good and JUICY! skype = "adultdatelink"

10-13-2008, 01:09 PM	#3
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	I should have bought more... I kinda knew this would happen, but still held back a bit, should have went all out __________________ 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

10-13-2008, 01:41 PM	#14
VeriSexy Join The Royal Family Join Date: Apr 2002 Posts: 25,463	I am kicking myself __________________ Looking for a KICK ASS TEEN SPONSOR? Check out ROYAL CASH - THE KING OF TEEN! Incredible webmaster tools FHGs, Morphing Blog and RSS Feeds, Embedded FLV & WMV Videos. With TOP RATIO Sites like TeenStarsOnly.com - Earn $$ with our New Site & Bonus Payouts!! ATMovs.com \| iTeenVideo.com \| TeenSexMovs.com \| TeenSexMania.com

10-13-2008, 01:43 PM	#15
tranza ICQ: 197-556-237 Join Date: Jun 2003 Location: BRASIL !!! Posts: 57,559	The stock market is going up 14% here in Brazil. __________________ I'm just a newbie.

10-13-2008, 01:47 PM	#16
teomaxxx Confirmed User Join Date: May 2003 Posts: 2,737	I am actually waiting rather to to buy put options again, once current rally will go up a bit higher. the biggest daily gains in the history: 1 15.03.1933 62,10 +8,26 +15,34 2 06.10.1931 99,34 +12,86 +14,87 3 30.10.1929 258,47 +28,40 +12,34 4 21.09.1932 75,16 +7,67 +11,36 5 21.10.1987 2.027,85 +186,84 +10,15 6 03.08.1932 58,22 +5,06 +9,52 7 11.02.1932 78,60 +6,80 +9,47 8 14.11.1929 217,28 +18,59 +9,36 9 18.12.1931 80,69 +6,90 +9,35 10 13.02.1932 85,82 +7,22 +9,19 look on the years, when they happened. All of them were bear market rallies. I bet we still didnt saw true market bottom yet, cause this recession is going to be big and long.

10-13-2008, 02:00 PM	#17
notime Confirmed User Industry Role: Join Date: Jun 2003 Location: cyberspace Posts: 8,022	"Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell," Nice quote ! Never saw it before but it covers the entire stockmarket essence.

10-13-2008, 02:02 PM	#18
notime Confirmed User Industry Role: Join Date: Jun 2003 Location: cyberspace Posts: 8,022	ing bank in Holland went up: 27,21% today Euro 456.692.965,96 was bought (worth their stocks in one day)

10-13-2008, 02:33 PM	#19
qwe Confirmed User Join Date: Jul 2003 Posts: 2,109	what a day