Anyone buying anything?

Quote from jsv416:

I am starting to average in on rig, chk, pbr. I think energy stocks are a screaming deal at these levels. Could they go down further? Yep they definately could, at which I would buy a little more....

These are long term investments. not short term trades...
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also got some fcx, bidu, and fslr in closing rally all with stops below todays low....
 
Quote from rros:

Isn't it this too risky in a confirmed bear market, even if we are at a temp bottom?
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Not as far as i'm concerned. Why buy directly when i can be assigned at still lower prices or buy my puts back at a nice short term profit. I never sell puts on margin by the way. Always back them with cold hard cash. Yeehaw. Let the market drop as much as it wants, well maybe not to zero. :D

There has got to be something wrong when you find yourself in agreement with the "turder". Buy Buy Buy! and Wait wait wait.
 
i bought some hero under 9...I sold at 19 2 weeks ago...this is an ocean oil driller ...down from 38....its like buying a call option that never expires...didnt have balls to buy nov,fcx for holds though.I traded fcx a bunch today...made 200$...rallied 5pts after i got out and missed 3k but who cares?
 
I should have said i'm selling puts like a mad banshee on tiptoes. Because actually i've been scaling in, not jumping in all at once.
 
Quote from stock_trad3r:

The lower the market goes the greater the odds it will rebound. The indexes have a certain intrinsic value, which is why they can't just go to zero. That point was reached on October 2002. Are we close to that point again? maybe, maybe not.
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No. It can't go to zero, but it can go down far enough that you'd be waiting years to break even.
 
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