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01-24-2008, 07:11 PM | #67 |
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Recession? Falling stock market != recession. Look at the GDP, we are sure as hell not in a recession and the Fed needs to slap themselves for the knee-jerk inter-meeting cut they made. I'd rather have a recession than inflation.
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01-28-2008, 09:38 PM | #68 |
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I write the weekly ETF Trend Tracker report at www.morpheustrading.com
It's run by Deron Wagner. We both have many years trading. He started with Oliver Velez at Pristine and hosted an intraday trading room. I started a partnership managing a trading fund, and was the head trader.
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01-28-2008, 09:50 PM | #69 |
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Recession is what you make out of it and means differently to different people. Recession is basically defined as 2 consecutive quarters of declining GDP. There may be other interpretations, but it really doesn't matter. It basically means you still have the same purchasing power, but you are not exercising that option. (sorry, using too many common market terms) Sure, inflation means everything cost so much and you can't even affort it if you want it. So now, the economy of the world really depend on us to spend. I think that is about it in a nut shell, and in less than 100 words. Growth is almost inevitable due to the biology of population expansion...until we hit critical mass environmentally. Anyways, that my opinion.
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07-18-2008, 01:52 PM | #70 |
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Stocks down today! invest!?
Stocks have fell by over 10% in some areas such as AMD/Google, etc...
I've invested a good amount - going short - good idea? What are your thoughts? |
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07-18-2008, 02:21 PM | #71 |
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And more than that in some other places, hang in there, it'll come back!
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07-18-2008, 07:44 PM | #74 |
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i thought u were gmoney? hehe
just open an account a brokerage and then wire in funds. then hit a few buttons and then buy buy buy! stimulate the market!
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07-18-2008, 07:56 PM | #76 | |
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I bought share off google a week before 1st quarter earings came out and that day shares jumped $100 per share. So today they fell $50. I am still up. Invest when u think that time is right. |
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07-18-2008, 11:27 PM | #77 |
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Google? Really? They dropped like 10% today and their P/E is still 34. You're crazy.
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07-19-2008, 01:12 AM | #79 |
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Apple sucks this week! 3G iPhone release didn't seem to help much.
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07-19-2008, 01:36 AM | #80 |
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07-19-2008, 03:21 AM | #81 | ||
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Quick 101 for stocks: Market opens at 9:30AM EST 8:30 CST Market Closes at 5:00PM EST 4:00PM CST Basic rules of market supply/demand You buy a share, you own a % of the company. If enough people buy it, the share will go up. Once you sell the share, you will get Sell price - Buy price = Gross Profit but then you have to subtract fees so gross - fees = net profit. Example: Buy a share at $10, it goes up to $20 in a week (that's 100% increase, VERY rare) and you sell at the end of the week. Your fees are 3$ per trade, so this is your profit $20-$10 = $10 - 2x3 (3 for buy and 3 for sell) = $4 now if you have bought two shares, it would've been $20-6$ = 14$ Basically, doesn't matter if you buy 1 share or a 1000 shares, that price per trade is fixed. There is something else called shorting which is basically betting that the stock will fall. more complicated but sometimes well worth the risk - read up! and good luck! It's a wild ride out there, make sure you know if it's bear or bull (I believe we're in a bear market right now) Quote:
Eh, I've seen resistance for apple stock at 184 most of the time and support after it falls at 171-174ish.... it's a gamble because the market is fluctuating so damn much! |
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07-19-2008, 04:01 AM | #82 | |
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Apple (AAPL) shipped 1.4 million computers in the US during Q2, representing 8.5% market share and 38% year-over-year growth. Mac shipments grew 9 times faster than the overall U.S. PC market (4.2%) in Q2....... combined with IPHone sales next QTR doesn't look bad |
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07-19-2008, 01:33 PM | #83 |
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The iPhone means very little to Apple, as does the iPod. Their business is and continues to be computers. Apple was all happy about selling 1m phones in the first weekend. That's great, but Nokia sells something like 1.5m phones every single day of the year. The iPhone is a toy at this time.
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07-19-2008, 02:10 PM | #84 | |
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07-23-2008, 11:02 AM | #85 | |
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07-23-2008, 11:20 AM | #86 |
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get the damn hyundai stock!!!
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07-23-2008, 05:53 PM | #88 |
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Congratulations, You have just discovered the quickest and more sure-fire way to lose all of your money in the stock market! Also, you mentioned that you were shorting.. Another very good way to lose a whole lot of money over the long haul if you don't know exactly what you are doing because of the very steep downside involved. To anyone just getting involved in the stock market, I advise you to be very conservative. If you are even THINKING about shorting a stock, consider just writing covered calls instead, which limits your downside. I am not trying to belittle or insult darkphantom, but it appears to me that he is not experienced enough to be giving 100% sound advice. That being said, I do not believe that I have the necessary experience either, I am just trying to clear up some confusion and misconceptions that his post might have caused.
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