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| 03-05-2009, 12:53 PM | #201 |
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6500 will be the breaking point, next point will 4000. Feb unemployment rates comes out tomorrow looks for close to 680k job loss and unemployment rate to be around 7.9 u-3 scale look for u-6 to be close to 14percent
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| 03-05-2009, 02:01 PM | #202 | |
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"You will get there, but it is up to you and you alone. It is what you are willing to do, and how you are willing to get there. You must be relentless, you must be tireless, you must pursue at all costs, so that you are ready, when the time is right." -Dad
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| 03-05-2009, 02:03 PM | #203 |
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getting close to 6600 boys......financials are getting ripped as usual...
FAZ (ETF) is rippin' today.....could have made a nice lil profit going short financials..
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| 03-05-2009, 02:08 PM | #204 |
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yodog
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Just look at SKF.. O_O
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| 03-05-2009, 02:15 PM | #205 | |
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| 03-05-2009, 02:18 PM | #206 | |
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650 on the S&P is near as well.
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"You will get there, but it is up to you and you alone. It is what you are willing to do, and how you are willing to get there. You must be relentless, you must be tireless, you must pursue at all costs, so that you are ready, when the time is right." -Dad
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| 03-05-2009, 02:20 PM | #207 | |
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"You will get there, but it is up to you and you alone. It is what you are willing to do, and how you are willing to get there. You must be relentless, you must be tireless, you must pursue at all costs, so that you are ready, when the time is right." -Dad
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| 03-05-2009, 02:42 PM | #208 | |
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| 03-05-2009, 03:04 PM | #209 |
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hahahaha, Citigroup, one of the larger company now a penny stock hahaha
I just want to personally thank Obama a couple a days ago predicting stocks are a great buy right now. I hope all the buyers today didn't lose too much haha.. I can't wait to buy google when it's less than $100/share
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| 03-05-2009, 05:53 PM | #210 | |
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Steve Forte Rio
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 GM is going to be asking for bailouts for a while. 09' is going to be a hell of a year for a lot of companies. |
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| 03-05-2009, 09:00 PM | #212 |
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Looks like Future and Asia is sea of red again. With expected poor Job report and uncertainty of our financial sector, I expect Market to end the week on a down note, of course unless Obama comes out and blame China for everything.
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| 03-05-2009, 10:06 PM | #213 |
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 here's a graph I found, it shows the Dow support level and as you can see from 6000 there's a huge drop to 4000, watch for a huge breakdown soon.
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| 03-05-2009, 11:32 PM | #214 |
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interesting graph....the deviation is larger to 4000 b/c the vertical axis appears to be a logarithmic scale correct? Relatively speaking....its still def a big support...we cross that........bye bye....
I personally think the S&P is a better indication of the market, granted it encompasses 500 companies.....its a value weighted index as opposed to price-weighted such as the DOW (one of the main criticisms of the DOW acting as a leading indicator)....take a look at some graphs on the S&P ....scary stuff if you look at support levels.
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"You will get there, but it is up to you and you alone. It is what you are willing to do, and how you are willing to get there. You must be relentless, you must be tireless, you must pursue at all costs, so that you are ready, when the time is right." -Dad
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| 03-06-2009, 09:07 PM | #215 |
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| 03-13-2009, 09:24 AM | #216 |
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| 10-26-2009, 12:40 PM | #217 |
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blahhh
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Stock market advice
Now I'm not asking for any of your secretsto tips but I never bought stocks or anything before. I just want to know how does one buy stocks? do i need a stock broker or something or can i use a online site? I already have a list of companies that i want to invest in, and I read about the companies history so I feel like I did my homework well enough.
I'm just really interested in this. I'm going to take a investment class next semester so it should answer a lot of my questions but for the mean time i thought some of you guys can help me out. If you guys are using any websites which ones are you using because there a lot out there. thanks in advance |
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| 10-26-2009, 12:44 PM | #218 |
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1.) You can trade through an broker or trade online (or both)
2.) There's a LOT more to it than just company history. You need to know what kind of working capital the company has, what their debt is like, etc. 3.) The best thing you could do is create an account with fake money and gauge how well you do over the first few months. That way if the stocks go down you're not out anything.
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| 10-26-2009, 12:46 PM | #219 | |
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blahhh
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3) theres a website that does this but forgot the name, do you happen to know it? |
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