if it's going much higher why wait till 790? just buy now.
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Today - Jan 21 2009 is a significant bottom
- Thread starter PaulRon
- Start date
if it's going much higher why wait till 790? just buy now.
Nothing surprisng here. Markets have done better during Democratic presidents.
http://www.perrspectives.com/blog/archives/001266.htm
http://www.nytimes.com/interactive/2008/10/14/opinion/20081014_OPCHART.html
http://www.slate.com/default.aspx?id=2071929
http://www.perrspectives.com/blog/archives/001266.htm
http://www.nytimes.com/interactive/2008/10/14/opinion/20081014_OPCHART.html
http://www.slate.com/default.aspx?id=2071929
I agree with those seeing higher prices in the next few months, was stopped out Tuesday and reentered today and have made up almost half my losses already. I expect a few set backs along the way as various entities seek to keep the pressure on congress and the new administration to get them some free money.
Nothing fundamental has changed in the underlying economy except to the downside.
In fact, things are getting worse more quickly.
But buy with abandon.
Recklessly.
In fact, things are getting worse more quickly.
But buy with abandon.
Recklessly.
Quote from stock_trad3r:
um spoken like a noob. Market prices in recovery b4 the news reflects it.
Maybe your portfolio (paper traded) will recover within 4 or 5 years from the 85% loss it has taken.
Quote from stock_trad3r:
06-11-08 04:30 PM
After the enourmous success of my first index
http://www.elitetrader.com/vb/showt...=6&pagenumber=1
(which is up 40%) I have launched a new index (6/11/08) of eight stocks and ETFs that will crush the market, as my prior index did.
Here are the stocks:
MOS
V
BIDU
RIMM
AAPL
CLR
PCX
CLF(I don't like iron stocks but I coudn't find anything else to add with a large enough market cap. And I'm not going to add two coal stocks.)
I predict this index will rise 40% within the next year. Making money in the stock market is as easy as buying these stocks and holding them for awhile.
As a rule the index cannot change. I may or may not own these stocks at any time. Currently I am long V and MOS. Yea some of these losers get their panties in a bunch cause I don't own all the stocks I recommend.