Originally posted by racrguy
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What can you do with 10K in 3 months?
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Guest repliedWoohoo, still in the green with a 6% return today! Dropped to 5th though.
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I ended up biting the bullet and selling off all the stocks that were all negative and didn't show any signs of slowing (that I can see) I lost some money in the deal, but at least I'm not bleeding anymore.
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I diversified alot and getting my ass kicked by all of them!!!!!
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Originally posted by SVT Lurch View PostThanks Apple.That's what I get for putting the majority of my eggs in that basket. Again, very glad this is fake money.
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Thanks Apple.That's what I get for putting the majority of my eggs in that basket. Again, very glad this is fake money.
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Originally posted by Broncojohnny View PostThe fucking Greeks need to go bankrupt is what they need to do. lol
But it is good that they have provided us with this fantastic buying opportunity. Warren Buffett said the other day that he spent $4 billion on common shares in the third quarter, I'm sure he is quite busy today.
I still have a bit of doubt with the market how it is. I see a lot of "SP500 and others are officially in a bear market blah blah blah." I really think it will continue until a new president is elected. Sort of like how it did when Obama got in office, atleast temporary.
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The fucking Greeks need to go bankrupt is what they need to do. lol
But it is good that they have provided us with this fantastic buying opportunity. Warren Buffett said the other day that he spent $4 billion on common shares in the third quarter, I'm sure he is quite busy today.
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maybe someobody will drop a bomb on greece before i wake up in the am...im so sick of hearing about their busted ass finances.
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Originally posted by 347Mike View PostWhen are these reports published?
Also, is Bernanke scheduled to speak again this week?
Earnings come out on different dates for different companies. Just looking at what I have seen so far, there is no indication of a recession. Credit markets have to dry up and people have to stop spending. Banks are much better capitalized than in 2008, unless they happen to be in Europe.
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Originally posted by Broncojohnny View PostIt is all just a question of how long this goes on. Alcoa reports on the 11th and earnings season officially begins. Earnings aren't going to be awful because people are still spending thanks to the drop in gasoline prices. There may be some downward revisions to projections of course, just like what happened with IR. And people will probably overreact to those. There is still no certainty of a recession at this point, all of this is just people panic selling and a bunch of clowns talking about how certain they are of the future.
Also, is Bernanke scheduled to speak again this week?
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Originally posted by 347Mike View PostI was just talking about this to a friend. I think it will hit under a dollar in the next month or so. I highly highly doubt they will go bankrupt but who knows. Worth keeping an eye open.
I wish my timing was a bit better with IR but that is the name of the game. I think IR will be kissing the teens shortly too.
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