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Stock traders thread (pg. 5)
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| jester |
| quote: | Originally posted by Skipper
Can I ask how long you've been holding most of your investments and how long you expected to hold them before taking some gains?
Diginut is right, without any idea of what a stock is worth vs what you paid you'll constantly be panicking over daily market fluctuations. |
Some since Dec 2008. Some are more recent say 4-6 months. |
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| Skipper |
| Surely on the ones since Dec 08 you've seen some decent gains - if you think they are fairly valued now, time to sell. If you dont have any notion of what a stock should trade at though, how do you know when to buy/sell? |
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| Skipper |
wtf is going on out there! I just looked at the minute chart for the dow today and it was seriously sliding by almost 100 pts per min before it bounced back to ONLY being down 500 points now
Unreal. This kind of thing has people at work just sitting around with our jaws on the floor.
That said - my golds are doin awesome :D Gold is up 32 bucks today. |
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| Dr. Z |
| niiiiiiiiiiice, the market was at -9% today for about 5minutes, haha |
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| Nrg2Nfinit |
| quote: | Originally posted by Dr. Z
niiiiiiiiiiice, the market was at -9% today for about 5minutes, haha |
lol i saw that
im holding oil at 84 now.. looking to get into my third out of 4 positions soon.. this is nasty and contago is going to rape me come may 11th.
I think if i get out of this one alive i will refrain from commodity etfs for a while. |
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| rulzz |
| holding oil on what basis ? seasonal rally ? |
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| jester |
| quote: | Originally posted by Skipper
Surely on the ones since Dec 08 you've seen some decent gains - if you think they are fairly valued now, time to sell. If you dont have any notion of what a stock should trade at though, how do you know when to buy/sell? |
I know they are fairly valued, seeing they are pretty much at, I should say were at an all time high. |
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| Dr. Z |
| i wouldn't suggest etfs for anyone unless it's your job |
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| Swamper |
| quote: | Originally posted by Dr. Z
niiiiiiiiiiice, the market was at -9% today for about 5minutes, haha |
Yea I saw that...made me do a double take.
"The biggest intraday point drop ever in the Dow Jones Industrial Average may have been caused by an erroneous trade entered by a person at a big Wall Street bank, multiple market sources said Thursday.
The so-called "fat finger" trade apparently involved an exchange-traded fund that holds shares of some of the biggest and most widely traded stocks, sources said. The trade apparently was put in on the Nasdaq Stock Market, sources said.
CNBC reported this afternoon that a trader entered a "b" for billion instead of an "m" for million in a trading order, setting off a series of events that led to the Dow’s biggest one-day drop since 1987."
Link
:stongue: :wtf: |
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| Jayx1 |
a good day for short selling!
Get used to this with the socialist greek crisis at hand! |
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| rabbitjoker |
| What a gong show. |
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| jester |
| quote: | | Nasdaq Operations said it will cancel all trades executed between 2:40 p.m. to 3 p.m. showing a rise or fall of more than 60 percent from the last trade in that security at 2:40 p.m or immediately prior. |
(Courtesy of Reuters)
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