Big-Name Stocks Cheaper Than During 2008-09 Crisis

[Broncojohnny]

Sorry bringing this up yet again.

unrealized gains/loss are not reported to the IRS until they are REALIZED, correct? So if I hold off on selling anything I currently own until January 1, 2012, I will not be subjected to this tax rate on 2011's return, correct?

I owe all of you a drink!

You don't pay anything until you sell and then you pay in that tax year. It could be 30 years from now.

[347Mike]

You don't pay anything until you sell and then you pay in that tax year. It could be 30 years from now.

Let's not get ahead of ourself.... lol

[347Mike]

IR didn't like kissing that 50MA... It got kicked in the balls today for sure!

[Broncojohnny]

IR didn't like kissing that 50MA... It got kicked in the balls today for sure!

Meh, it will be right back up next week.

[347Mike]

Meh, it will be right back up next week.

Oh I know, I was just commenting on how bad it got its butt kicked today.

I am really hoping for a bullish hammer candlestick pattern to finish out the day, though.

[Broncojohnny]

Oh I know, I was just commenting on how bad it got its butt kicked today.

I am really hoping for a bullish hammer candlestick pattern to finish out the day, though.

I have no idea what that crap even means. I'm hoping for a double inverse head and shoulders pattern. Or maybe even a Pantene.

[347Mike]

I have no idea what that crap even means. I'm hoping for a double inverse head and shoulders pattern. Or maybe even a Pantene.

It is when the wick is below the candle and roughly 3-4 times longer than the candle base. They usually form along moving averages and show support / resistance.

[SMEGMA STENCH]

Yeah depending on how long the candle is, how long the wick is, what color the candle is. All that means stuff. I think black is bear, white is bull? Then the length of the wick is how long it took to get get to that price... can't remember. Took a class on all that stuff at some kind of seminar.

[03shadow2v]

[slow06]

Take a look at IR this morning. It might have dropped into the "buy" range for some of you.

[347Mike]

Take a look at IR this morning. It might have dropped into the "buy" range for some of you.

I am probably going to buy more tomorrow afternoon. I would imagine there will be another day of bloodshed.

[Broncojohnny]

The interesting thing about today is that your big name blue chip dividend players were taking a hit. They have been immune to a lot of bullshit so far but this morning they are getting hit.

[Broncojohnny]

I am probably going to buy more tomorrow afternoon. I would imagine there will be another day of bloodshed.

We are testing the bottom we set last month. I'm just waiting to see if we sell off further, I bet we do.

[347Mike]

We are testing the bottom we set last month. I'm just waiting to see if we sell off further, I bet we do.

For IR? Yeah, we had some support at 31.8X but we blew pass that like nothing. I am sure it will be in the $28 range in no time, and I will be ready.

I have been flipping TYP in the meantime...

[Denny]

Finally... good news while I'm in town!


Going shopping, bitches!