|
The Official TXTA Economy Thread (pg. 3)
|
View this Thread in Original format
| Carlos Pereira |
| quote: | Originally posted by diggerz
Carlos, if the price of a stock falls, it becomes a more attractive investment.
Most of the information out there is filtered and controlled by a group of speculators |
This, I do know, my intellectual friend. That's why we bought Wachovia stock yesterday.......
and a 20oz bottle of Pepsi.
:D |
|
|
| Rememberence_ |
| damn mate last time I saw you you could only fit a 16oz in your arsehole! |
|
|
| Carlos Pereira |
| quote: | Originally posted by Rememberence_
damn mate last time I saw you you could only fit a 16oz in your arsehole! |
Well yea....but the 20oz. post-consumer recycled plastic is equipped for your ass, not mine.
;) |
|
|
| DJ_Ballistic |
| quote: | Originally posted by Rememberence_
damn mate last time I saw you you could only fit a 16oz in your arsehole! |
he's discovered lube since then |
|
|
| we_R_DNA |
| quote: | Originally posted by diggerz
Carlos, if the price of a stock falls, it becomes a more attractive investment.
Most of the information out there is filtered and controlled by a group of speculators |
Thanks to the internet and the decentralized access to information these ******s will be out of a job until the internet too is controlled. |
|
|
| Zild |
| I just hope a bill gets passed that way I can get you guys help in stabilizing the banks so my student loans don't shoot up. |
|
|
| jonas |
| quote: | Originally posted by Zild
I just hope a bill gets passed that way I can get you guys help in stabilizing the banks so my student loans don't shoot up. |
Correct me if I'm wrong, but isn't there some protection from other agencies so that doesn't happen to loans of that nature?
I know that my loans were protected when I was in undergrad. |
|
|
| Luminary |
this is precisely why i <3 teh Dirkness
| quote: | Originally posted by Dirk W.
i didn't post it to be unbiased.
everyone can quit their bitching. i sit here and listen to you guys bash the republican party constantly and say nothing. i post one video with some simple and true facts on it and everyone starts crying.
step 1: take off your panties
step 2: untie the knot in your panties
step 3: pull your head out of your ass
step 4: put your big boy underwear on |
|
|
|
| Zild |
| quote: | Originally posted by jonas
Correct me if I'm wrong, but isn't there some protection from other agencies so that doesn't happen to loans of that nature?
I know that my loans were protected when I was in undergrad. |
I really need to go back and look at my loans, but I'm pretty sure the interest rates are variable. |
|
|
| digitalbreach |
| quote: | Originally posted by Carlos Pereira
Beware JP Morgan Chase customers (that includes me). For those of you that bathe in overdraft fees (that includes me, too, which is why I give Chase the finger on camera at the ATM), fees are supposed to go up an additional $15 by the beginning of 2009. I got this info from a friend attending the Bauer College of Business at UH. |
that's when you make friends with the Chase girl that deposits your check to reverse these so called 'fees'
and your original post about google's stock price dropping was a fluke and its now back to $400+ (as of today 10/02/2008) |
|
|
| davemolina |
 |
|
|
| Slow Motion |
Paulson and crew have taken the World economy by the nuts and are squeezing. There is a certain amount of failure and consolidation that need to occur in the financial sector. Regarding WAMU, I had long call options (DEC $5 Calls) that I sold for a nice profit about two weeks ago before this mess started. I bought USO puts a month ago and gained 75%. Of course my long equity positions are getting hammered, but they will balance and head up and to the right again (and I’m hedged). It might take a while. Buying is key here, not selling at the bottom.
From a personal finance perspective, do not look at tech for safety or growth(ie GOOG/AAPL/RIMM/AMZN). The valuation and market cap of these companies is going to change drastically. Although, the volatility makes for good trading, but I would protect the position using put options with trailing stops. Given, GOOG and AAPL are sitting on ZERO debt and a mountain of cash. However, the stock prices in the tech sector will not stabilize until the market can price in the consumer to the stock price. Right now, there are some value stocks that can be picked up on the cheap at the moment, if you are looking at a long position and you can move into the position incrementally (4X 25%=100% position). Warren Buffett is initializing positions in Goldman Sachs and General Electric. He’s the king of long term value plays. I would add the PCU, MCD and MO are all nice, stable dividend stocks that are more or less recession proof (add BUD to that list).
We’re all in for slow growth…. I don’t have time to get into the bailout But Hank Paulson and crew need to be investigated immediately before we give the Treasury a big check. |
|
|
|
|
