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state of the market
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| whiskers |
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? |
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| malek |
| buy some canadian banks stocks, they are impossible to fail (they are run like mafia in an oligopoly fashion), and are low now! |
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| mezzir |
| buy one of everything! |
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| winston |
| quote: | Originally posted by mezzir
buy one of everything! |
lol |
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| TranceOwnsLol |
| if you have money, invest in property. |
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| Joss Weatherby |
| quote: | Originally posted by TranceOwnsLol
if you have money, invest in property. |
if you have REAL money. |
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| SuspicionVandit |
| 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. |
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| 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 ed 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.
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| whiskers |
| 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 ed 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 ]]
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God, that site looks like the investor's equivalent of a Star Trek fan fiction forum. |
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| astroboy |
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.
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. |
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| Dervish |
| 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. |
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