Topic: Investing Again (Read 8519 times)

Conceptz-X · « **Reply #30 on:** April 07, 2009, 08:49:20 PM »

I'm buying metals, ammo, non-perishable food

Hotrodlincoln · « **Reply #31 on:** April 07, 2009, 08:54:31 PM »

I'm buying meth and hookers.

Conceptz-X · « **Reply #32 on:** April 07, 2009, 09:28:33 PM »

I guess thats one way to deal with the future, make sure your not around for it, or too fucked up to know better

92CXyD · « **Reply #33 on:** April 07, 2009, 10:49:08 PM »

Quote from: Hotrodlincoln on April 07, 2009, 08:54:31 PM

I'm buying meth and hookers.

Knowing you gilf hookers ;D

Hotrodlincoln · « **Reply #34 on:** April 07, 2009, 11:02:40 PM »

Quote from: 92CXyD on April 07, 2009, 10:49:08 PM

Quote from: Hotrodlincoln on April 07, 2009, 08:54:31 PM
I'm buying meth and hookers.

Knowing you gilf hookers ;D

Sagging fun bags!!! aw yeah!!!

Joseph Davis · « **Reply #35 on:** April 07, 2009, 11:07:44 PM »

Quote from: Hotrodlincoln on April 07, 2009, 08:54:31 PM

I'm buying meth and hookers.

Foreign currency.

Hotrodlincoln · « **Reply #36 on:** April 07, 2009, 11:10:36 PM »

Sex and drugs are recession proof

Logan76 · « **Reply #37 on:** April 07, 2009, 11:17:18 PM »

My soon to be father in law, has twenty 5 gallon buckets full of copper that were old wires in houses that he burnt the shielding off of or copper plumbing he got out of houses (hes a carpenter) and were going to load them into my dump truck once the scrap goes back up, I miss scrap being so high. Anytime I got a few hundred pounds of extra scrap laying around it added up to usually enough to take my old lady out to eat.

malichite · « **Reply #38 on:** April 16, 2009, 03:33:07 PM »

well, good thing you didn't take my advise. When I posted they were only in the low .30.

https://www.etrade.wallst.com/v1/stocks/snapshot/snapshot.asp?symbol=siri&rsO=new

:yes:

Zales is pulling pretty hard too.

https://www.etrade.wallst.com/v1/stocks/snapshot/snapshot.asp?symbol=zlc&rsO=new

xpert787 · « **Reply #39 on:** April 30, 2009, 12:59:59 PM »

Sold out of AXP recently at 25.00 because that's what I thought they were worth. Looking for something different. I have been considering the electric companies because they look over sold as a group, but I am never 100% sure wish I could be.

patsmx5 · « **Reply #40 on:** April 30, 2009, 01:01:34 PM »

Invest in Chrysler.

xpert787 · « **Reply #41 on:** April 30, 2009, 01:03:52 PM »

Lol I would be better off going to Atlantic City, then messing around with the auto companies.

Dweezil · « **Reply #42 on:** April 30, 2009, 07:51:25 PM »

I'd be looking for an SPY call spread on a pull back. I'm amazed at the action the last few weeks, but I think it's running out of steam to the upside at this point. Get down 10% peak to trough intraday and an spread setup mid to late summer looks attractive.

Of course a puts on the GLD look attractive with some strength to 90ish or breaking below 85.

C after the prefered conversion could get interesting or F prefered looking a year or two out.

Conceptz-X · « **Reply #43 on:** April 30, 2009, 07:54:03 PM »

Quote from: xpert787 on April 30, 2009, 01:03:52 PM

Lol I would be better off going to Atlantic City, then messing around with the auto companies.

Ford is hangin on

Dweezil · « **Reply #44 on:** April 30, 2009, 08:16:49 PM »

I wouldn't buy F common with the money made from selling out HMT.

Conceptz-X · « **Reply #45 on:** April 30, 2009, 08:20:36 PM »

After this shit lately, I'll never again buy a GM or Chrysler product. Be it stock or vehicle

Dweezil · « **Reply #46 on:** April 30, 2009, 08:29:24 PM »

I'd still take a CTS-V if I could afford it.

Conceptz-X · « **Reply #47 on:** April 30, 2009, 08:31:18 PM »

I said buy, If I won or was given one, I'd rock/rape it

Dweezil · « **Reply #48 on:** April 30, 2009, 08:40:33 PM »

I'll get one as soon as I have the $69K laying around for it.

Of course if I had that laying around I'd just get a GT-R and go nuts.

Conceptz-X · « **Reply #49 on:** April 30, 2009, 08:41:49 PM »

fuck that

Dweezil · « **Reply #50 on:** April 30, 2009, 08:45:58 PM »

But on the GT-R 500+ should be a boost controller away.

Conceptz-X · « **Reply #51 on:** April 30, 2009, 08:48:21 PM »

if the tranny holds up

Nissan is worse than GM, sueing some dude for something they missed out on and he has full rights to.

Joseph Davis · « **Reply #52 on:** May 01, 2009, 10:02:12 AM »

Nissan is worse than GM or Chrysler as far as build quality or reliability goes. Their GT-R is not as fast on Nurburing as claimed, the thing falls apart frequently to choruses of "warranty denied," and it's about the best thing they have going right now as the rest of their product line is dogshit. Nissan's been skirting bankruptcy for over a decade now, for a reason.

92CXyD · « **Reply #53 on:** May 01, 2009, 10:38:36 AM »

Quote from: Joseph Davis on May 01, 2009, 10:02:12 AM

Nissan is worse than GM or Chrysler as far as build quality or reliability goes. Their GT-R is not as fast on Nurburing as claimed, the thing falls apart frequently to choruses of "warranty denied," and it's about the best thing they have going right now as the rest of their product line is dogshit. Nissan's been skirting bankruptcy for over a decade now, for a reason.

I thought Renault owns Nissan and Nissan is now a profitable company again.

If not better not tell the French. ;D

Dweezil · « **Reply #54 on:** May 01, 2009, 07:55:45 PM »

What are the French going to do?

bigwig · « **Reply #55 on:** May 01, 2009, 08:10:24 PM »

Someone give me advice. I have money I want doubled so I can buy a house. I'll pay commission but if I lose money, I get to fuck the best looking woman in your family.

AWDstylez · « **Reply #56 on:** May 01, 2009, 08:16:25 PM »

Quote from: bigwig on May 01, 2009, 08:10:24 PM

Someone give me advice. I have money I want doubled so I can buy a house. I'll pay commission but if I lose money, I get to fuck the best looking woman in your family.

What your time frame? If it's less than a year...

50/50 chance, can't beat that with even a big stick.

bigwig · « **Reply #57 on:** May 01, 2009, 08:18:34 PM »

I made a wage a year where I should be able to buy a house in about 12-18 months from today. The investments would just help make that happen faster, allow me to buy a better home, or just let me have money after I buy a home.

AWDstylez · « **Reply #58 on:** May 01, 2009, 08:29:13 PM »

Quote from: bigwig on May 01, 2009, 08:18:34 PM

I made a wage a year where I should be able to buy a house in about 12-18 months from today. The investments would just help make that happen faster, allow me to buy a better home, or just let me have money after I buy a home.

If you're looking at least a year out, buy any decent, non-financial company. Of course, that's if you buy into a 2010 recovery. Personally, I don't. If you don't think we're going to see a true recovery by 2010, then now is not the time for long term investing. You can double your money in a year with a little work, but it's going to be with active trading, not buying and holding.

Most importantly, DON'T buy anything right now. We're waaaay overbought, the market is being floated by only god knows what artifical means, and the next crash will happen. Wait for that day that's solidly into the next big downturn when everyone starts talking about the end of the world, no hope of a recovery, news is just getting worse and worse, and throw all your money at any big name that's taken a beating.

Dweezil · « **Reply #59 on:** May 01, 2009, 09:10:27 PM »

Quote from: AWDstylez on May 01, 2009, 08:29:13 PM

Most importantly, DON'T buy anything right now. We're waaaay overbought, the market is being floated by only god knows what artifical means, and the next crash will happen. Wait for that day that's solidly into the next big downturn when everyone starts talking about the end of the world, no hope of a recovery, news is just getting worse and worse, and throw all your money at any big name that's taken a beating.

Short covering is my take. You have plenty of Roubini followers who thought the world would be ending, bought gold and shorted everything else. Roubini's S&P 500 call was the moment that marked the bottom for now, there were no sellers to take the market below 666. Right now there are enough sellers at 875 to keep the market here while shorts are covered for a loss.

I'd be really tempted to put on a put spread at 875, but I think this could hold much longer than it should just because of all the people caught the wrong way.

News:

Author Topic: Investing Again (Read 8519 times)

bigwig

bigwig