no probs here...i use ameritrade izone through quotetracker platform....FKKKKKKKKK i was short bac at 38 40 and i watched it go to 39...i covered at 38 30 and now its 3740 fkkkkkkk
'saw Bush on TV at some DC school today (eeriely reminscent of him at that school when the towers were falling) "
reminded me also of that day when he continued trying to read that pre-school book ...unbeleivable,again...never ceases to amaze me...Who's in charge of this country anyway right...
aapl thrived off ipod,itunes and iphones...what new do they have going forward?the hype is over i think....earnings on tuesday,i think it gets wacked...that is the history of appl stock.
In collectables, whether it be cars, coins, stamps, you name it, there is and always will be a super premium placed on the best of the best. The truely unique if you will. What your seeing at BJ and in the Muscle car mkt in particular is that cars that were once grossly overvalued are coming...
I think the final nail in the coffin would be if the market sells off after an aggressive rate cut"
i think it will do just that...market sold off after the last cut...this financial mess has to become more transparent before markets stabilize...I think a lot of people are satrting to ponder...
best thing is to let the dust settle...you can get whipsawed good in this market...there isnt enough fear or panic yet even tho its way oversold...pretty tough....i wanna see what happens with aapl earnings on tuesday and ambac....those 2 will impact the market.
january is always quiet at the stores-after xmas etc wait til march april to see....Ive heard a lot of the same about stores being quiet tho....
"Btw anyone know why the free fall to $28? havent been following this stock in a few months"
last quarter they reported a net loss of 300k...
options are a weird concept to grasp at first...what with premium,intrinsic values,time decay,beta,out of the money,in the money...but once it clicks youll learn it fast...
T is still part of the dow...hpq,hd,msft and intc were added in 99 or so right before the bust...
westinghouse-wx, goodyear -gt,xerox xrx, were kicked out in the late 90s also...
yeah,paypal is the key money maker...ebay lost something like 300k sellers last quaster...maybe the coming recession will bring more sellers...i will be keeping an eye out for some good collectables coming on the market...
Yup,sector rotation...2 yrs ago boss 429s were 100k at bj-tim allen bot or sold a white one for 117k.
Whats kinda weird is this year craig jackson is getting on the mike when a car is doing poorly and saying 'this car is way underpriced, a bargain at this price,selling for under value etc...'
Seems soft to me... HEMI CUDAS are getting crushed-today they had 1 that went for 165k and another for 245k thats at min. 50% less than last year...even 440-6pak challenger went for 78k and a convertible one for 130k-that is 50% off...58-62 vettes are double almost while mid 60s vettes are...
a couple of sp500 pe charts
http://www.lowrisk.com/sp500pe.htm
http://bespokeinvest.typepad.com/.shared/image.html?/photos/uncategorized/2007/09/26/historicalpe95.png
http://bespokeinvest.typepad.com/bespoke/2007/09/historical-pe-r.html
This is telling me that we in for a few weeks of declines before a massive reversal."
yup...i am thinking the same...we'll be floundering along the bottom til the fomc meeting?One thing that could be real sscary is aapl earnings on tuesday...vz and t have also broken down and will get...
"We are very mindful of the situation and are as reasonably on top of it as we can be," Dinallo told Reuters ..."
wow,doesnt sound to confident...when will the public at large be exposed to this ugliness?seems like a panic will hit the fan then...
weve been oversold and expecting a bounce for quite a while...however the fear panic doesnt seem to have hit the public yet...pretty strange...even the vix is fluctuating...i ve been expecting to see a panic selloff climax day for a while and nada....
historical hi-lo avg PE is 14-30...
in 2000 sp500 was 31
bear markets usually come when it approaches 30...
right now the PE is around 15 or less...which in my opinion as i have stated many times b4 is not where a bear market starts nor has a bear amrket ever started when the pe has been...