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lol, I guess your right. Yahoo's P/E multiples are at 165.1 A joke, that company isn't worth that much. I wonder how traders can bid up a company so high for being worth so little. Screw...Yahoo buy Google their P/E ratio is 34.7 something reasonable unlike that crappy company we call...

hmm... we're going to see a pretty strong support level at around $26.20-26.00 or so. Be prepared we will most likely have a rebound soon. :cool: being a bear and making money is important but don't short near major support levels it's dangerous. Not to mention Warren Buffet worships...

Thanks :)

You also have to assume, that Warren Buffet is buying on growth as well. So not only is his rate of return increased because the dividends the company generates can go to Berk. The amount the company generates goes up. The companies 5 year EPS growth rates has been 23% So in 20 years a...

Now would be a good time to buy WFC and expect a price target of arround $30

I agree with cyber's call. However, if you really want to make more money. I suggest buying call options on stocks that have cost more. For example JPM. It has more purchasing value to volatility. That's just my personal opinion. Jumping onto Wells Fargo or Bank of America could work as well...

whoo, I was right 25% profit on my calls

Theirs a Burger King Song from Family Guy! <object width="640" height="505"><param name="movie" value="http://www.youtube.com/v/Rgfh2qQzQ2s&hl=en&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed...

their was no where else to put it... and uh.. it might affect our psychology on whether or not they get sued. :cool: To be honest, I have no real good excuse I just wanted to share it with ya'll...

All I have to say is... freaking hilarious :cool:

A couple guys get sued for raping at a Mc Donald's drive through <object width="640" height="505"><param name="movie" value="http://www.youtube.com/v/5sw2OvIgoO8&hl=en&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess"...

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BAC Tanking 7% I'm taking up some call options on this sucker. It's pierced the bottom deviation on the Bollinger Bands. A true sign of being oversold.

-268 points on the Dow we don't get days like this often this is FUN :cool: Bulls are being stabbed left and right and bailing positions. Woohoo keep falling.

-4% I'm getting ready to buy... soon :) we'll wait for $26 before we start taking a long position.

wow I take that back -2.5%

falling 1.75% or so today so far. I should cover. It's not going to go much lower anyway.

Hell yeah it's hard to buy when things are depressed but that's what makes us EliteTraders damn it! :cool:

It's the perfect tool for dollar cost averaging every month and earning a subsidy which will in turn give you a higher chance of retiring with much more income than the average schmo.

If you want to retire invest into a basket of companies with large dividends. Real Estate Investment Trusts work to. Real Estate over a long period is much more consistent than investing into the DOW. Maybe the intrinsic value of the stock may fall but as long as the Dividend yield doesn't it...