DOW is at a record 12-year low and everyone is saying that this is a great opportunity to invest - short term losses aside, you'll either make a bunch of money in the long term or it all goes to hell and your money will be worthless anyway.

Also, people are advocating stocking up on ammo...

Resident TA investors' thoughts on the situation?

Also, what's that site with good tutorial / advice on investing?

___________________

buy some canadian banks stocks, they are impossible to fail (they are run like mafia in an oligopoly fashion), and are low now!

___________________
[/IMG]http://i54.tinypic.com/ngycqo.png[/IMG]

BUY.

buy one of everything!

___________________

http://www.youtube.com/mezzir

quote:

Originally posted by mezzir buy one of everything!

lol

if you have money, invest in property.

quote:

Originally posted by TranceOwnsLol if you have money, invest in property.

if you have REAL money.

Is Armada records on the market? The release for the new ASOT should be out soon and I'd really like to jump that gun.

___________________
Everything is beautiful. Let the music carry you. Baby I will follow you forever. Nowhere else I'd rather be when you're lying next to me. Let the music carry us together.
anti-JennyPie Alliance
SuspicionVandit: Are you God?
Paul Van Dyk 09-24-2009: No, but I can sign your sleeve under that name if you let me!

We are still holding shorts here, holding longs at this point is just like throwing money down the toilet only less fun. Dow opened below 7000, S&P almost breached 700 and even Mr. Robuini is surprised just how fucked the economy actually is. Saying that my portfolio (consisting among others of FAZ, SRS and ERY) went up 13% today.

That being said, i do have high hopes for the dry shipping and solar energy stocks when the market tries to establish the next support.


Also, an interesting site you might want to check out.

[[ LINK REMOVED ]]

___________________

quote:

Originally posted by Moongoose We are still holding shorts here, holding longs at this point is just like throwing money down the toilet only less fun. Dow opened below 7000, S&P almost breached 700 and even Mr. Robuini is surprised just how fucked the economy actually is. Saying that my portfolio (consisting among others of FAZ, SRS and ERY) went up 13% today. That being said, i do have high hopes for the dry shipping and solar energy stocks when the market tries to establish the next support. Also, an interesting site you might want to check out. [[ LINK REMOVED ]]

God, that site looks like the investor's equivalent of a Star Trek fan fiction forum.

___________________

Wait til it starts to pick up... I just always prefer to buy in a bit on the right side of the V. In general though a lot of stocks are undervalued right now and with a long term horizon you can lock in some nice returns.

Fuck speculation and technical analysis - might as well put ur money on a roulette table. Find some stocks that are/were considered "solid", get their financials and do your own valuation based on the fundamentals. When the market is pessimistic about everything is when value investors like Buffet lock in their returns.

___________________
"my son will be a gienues(sp?)" - Originally posted by Googooly
"many species of bear give blowjobs." - Originally posted by Sunsnail.. NOW CONFIRMED BY PHOTO EVIDENCE!
"astroboy is brave and gentle and wise." - Originally posted by pkcRAISTLIN
"ew! i wouldn't go anywhere near a homeless dudes butthole... not even if i was sodomizing him with a poison ivy cactus dildo" - Originally posted by lücid
"also can someone post the link to my mom's forum, thank you!" - Originally posted by miamitrance04
"dude man its not me its what the world does to me. Trust me I'm a normal person people just constantly fuck with me." Originally posted by ********
"I can see Lira getting a hard-on already. And believe me, Brazilian ass rape is the worst." - Originally posted by Meat187

I lost a lot of money thinking "this was the bottom" about a year ago lol. If you are asking on TA... JUST DON'T.