Investing

Costa · 10-29-2008, 01:56 PM

Curious, anyone investing heavily in the down market? If so, what stocks are looking like a good buy right now in your opinion, (i.e. GE)........

10-29-2008, 01:59 PM

Quote:

Originally Posted by Costa

Curious, anyone investing heavily in the down market? If so, what stocks are looking like a good buy right now in your opinion, (i.e. GE)........

I'm putting everything I have into COHIBO. Suggest you do the same.

10-29-2008, 02:47 PM

No investing for me. There is way too much gubment tampering going on.

Smokin Gator · 10-29-2008, 02:49 PM

I have been steadily adding to my Ford and Home Depot Holdings. I have also been buying Sun Trust every time it drops into the mid 30s and have been rewarded

markem · 10-29-2008, 02:53 PM

I'm not an individual stock kinda guy, but rather a market fund kinda guy. I've been buying inflation linked bonds and different market-area funds. I'm a dollar cost average person when it gets right down to it.

10-29-2008, 03:00 PM

Quote:

Originally Posted by vstrommark

I'm not an individual stock kinda guy, but rather a market fund kinda guy. I've been buying inflation linked bonds and different market-area funds. I'm a dollar cost average person when it gets right down to it.

Much the same here...with the exception of BofA common stock.

Costa · 10-29-2008, 03:17 PM

Quote:

Originally Posted by Smokin Gator

I have been steadily adding to my Ford and Home Depot Holdings. I have also been buying Sun Trust every time it drops into the mid 30s and have been rewarded

Picked up some Ford. Its almost a penny stock at this point.

Al, I have some insider info on Cohibo, hit me up.....

10-29-2008, 04:38 PM

My KO *Coca Cola is killing*

I keep very active and do pretty well, sadly not a massive amount of $$ to work with but once I get a real job I should have some cash to work with.

gettysburgfreak · 10-29-2008, 04:51 PM

****s Sporting Goods, at the beginning of the year one of the money mags said this was one of the top stocks to look into. I am working there until I get a job in history and I was thinking about buying into the company. Right now its at 14 bucks. My manager said he bought it five years ago at 10 bucks and it shot up to 60 and he said he expects it to rebound and make its way up near there.

fxpose · 02-20-2009, 02:07 PM

B of A looked attractive this morning so I bought some @ $2.72. It hasn't been this low in 25 years. I may hang on to this long term.

ade06 · 02-20-2009, 02:14 PM

oil

Mugen910 · 02-20-2009, 02:19 PM

Quote:

Originally Posted by fxpose

B of A looked attractive this morning so I bought some @ $2.72. It hasn't been this low in 25 years. I may hang on to this long term.

Great move....Amazing how the big boys held BofA down all day and just at 2pm they let it run up a $1+...

I made a few bucks on ETFs today against the market.

s15driftking · 02-20-2009, 02:48 PM

In Short:

I have been making good solid leaps when BWLD (buffalo wild wings) announces their quarterly earnings or shortly after. I saw 18% gain in just 3 days once. Most recently (last week) i made 28 percent when the price rose from the low 20's to the low 30's.

Gotta make the right moves at the right time....

02-20-2009, 02:49 PM

CAT and the golden arches

Raralith · 02-20-2009, 03:17 PM

My margin account has taken a beating though thankfully no margin calls for me. In a down market, I try to short, but it's really difficult to borrow the stock now. There's really not much you can go long on except gold. If you are considering to start investing, this definately is not the time though. And the ways that you can make money, options especially, are probably well out the league of a beginniner both experience and cash wise.

jkim05 · 02-20-2009, 03:19 PM

There are some individual stocks that I'm "gambling" on right now, but overall, I don't think individuals without significant assets can "invest" in individual stocks without taking on excess amounts of risk. Invest in funds, but buy stocks if you see a unique buying opportunity...or have insider info.

s15driftking · 02-20-2009, 03:22 PM

I hear alot of good things about YUM corporation as well.

ade06 · 02-20-2009, 03:27 PM

Quote:

Originally Posted by jkim05

Invest in funds, but buy stocks if you see a unique buying opportunity...or have insider info.

I wouldn't recommend trading on insider info, it's still very illegal.

Raralith · 02-20-2009, 03:29 PM

I do have some good news. I've been eyeing some product that only accepts Euro's. I made a purchase two days ago when the currency was very much in our favor; 275 euro to 340.80 US AND that includes the 3% exchange fee on top of it all so I broke .8000/Euro!

fxpose · 02-20-2009, 05:29 PM

Quote:

Originally Posted by Mugen910

Great move....Amazing how the big boys held BofA down all day and just at 2pm they let it run up a $1+...

I made a few bucks on ETFs today against the market.

It closed at $3.79. But I sold half of them after hours @ $4.21. You never know what's going to happen first thing Monday morning......
Oh well, so much for speculating....

I haven't shorted Spiders (SPY) in a while but their inverted ETF (SH) looks interesting. I might go that route instead of shorting.

I was a bit nervous this morning because I was buying on margin.

10-29-2008, 01:56 PM	#1
Costa Cohibo Aficionado Join Date: Oct 2008 First Name: Craig Location: Here Posts: 199 Trading: (1)	Investing Curious, anyone investing heavily in the down market? If so, what stocks are looking like a good buy right now in your opinion, (i.e. GE)........ __________________ It was the quintessential cc experience. Totally plugged, tasted like a burning straw hat, and made me all upset instead of relaxed. - shilala

10-29-2008, 02:47 PM	#3
Tombstone Guest Posts: n/a	Re: Investing No investing for me. There is way too much gubment tampering going on.

10-29-2008, 02:49 PM	#4
Smokin Gator Just plain insane! Join Date: Oct 2008 Location: The Swamp Posts: 6,237 Trading: (106)	Re: Investing I have been steadily adding to my Ford and Home Depot Holdings. I have also been buying Sun Trust every time it drops into the mid 30s and have been rewarded

10-29-2008, 02:53 PM	#5
markem Bunion Join Date: Oct 2008 First Name: Mark Location: Second Star on the Right Posts: 22,625 Trading: (47)	Re: Investing I'm not an individual stock kinda guy, but rather a market fund kinda guy. I've been buying inflation linked bonds and different market-area funds. I'm a dollar cost average person when it gets right down to it. __________________ I refuse to belong to any organization that would have me as a member. ~ Groucho Marx

10-29-2008, 04:38 PM	#8
Ace$nyper Guest Posts: n/a	Re: Investing My KO Coca Cola is killing I keep very active and do pretty well, sadly not a massive amount of $$ to work with but once I get a real job I should have some cash to work with.

10-29-2008, 04:51 PM	#9
gettysburgfreak Patriot Join Date: Oct 2008 Location: The Mitten Posts: 1,442 Trading: (2)	Re: Investing ****s Sporting Goods, at the beginning of the year one of the money mags said this was one of the top stocks to look into. I am working there until I get a job in history and I was thinking about buying into the company. Right now its at 14 bucks. My manager said he bought it five years ago at 10 bucks and it shot up to 60 and he said he expects it to rebound and make its way up near there. __________________ Author ofeath, Disease, and Life at War: The Civil War Letters of Surgeon James D. Benton, 111th and 98th New York Infantry Regiments, 1862-1865.

02-20-2009, 02:07 PM	#10
fxpose Park Drive Smokehouse Join Date: Oct 2008 Location: Los Angeles Posts: 337 Trading: (0)	Re: Investing B of A looked attractive this morning so I bought some @ $2.72. It hasn't been this low in 25 years. I may hang on to this long term.

02-20-2009, 02:14 PM	#11
ade06 Have My Own Room Join Date: Jan 2009 First Name: Ade Location: Philadelphia Posts: 1,190 Trading: (24)	Re: Investing oil

02-20-2009, 02:48 PM	#13
s15driftking Go Browns! Join Date: Nov 2008 First Name: Bobby Location: Columbus Ohio Posts: 2,763 Trading: (16)	Re: Investing In Short: I have been making good solid leaps when BWLD (buffalo wild wings) announces their quarterly earnings or shortly after. I saw 18% gain in just 3 days once. Most recently (last week) i made 28 percent when the price rose from the low 20's to the low 30's. Gotta make the right moves at the right time.... __________________ diamonds/guns

02-20-2009, 02:49 PM	#14
ChicagoWhiteSox Guest Posts: n/a	Re: Investing CAT and the golden arches

02-20-2009, 03:17 PM	#15
Raralith Death to the Unbelievers Join Date: Oct 2008 Location: Southern California Posts: 475 Trading: (24)	Re: Investing My margin account has taken a beating though thankfully no margin calls for me. In a down market, I try to short, but it's really difficult to borrow the stock now. There's really not much you can go long on except gold. If you are considering to start investing, this definately is not the time though. And the ways that you can make money, options especially, are probably well out the league of a beginniner both experience and cash wise.

02-20-2009, 03:19 PM	#16
jkim05 Feeling at Home Join Date: Oct 2008 First Name: Jeremy Location: Rockville, MD Posts: 519 Trading: (17)	Re: Investing There are some individual stocks that I'm "gambling" on right now, but overall, I don't think individuals without significant assets can "invest" in individual stocks without taking on excess amounts of risk. Invest in funds, but buy stocks if you see a unique buying opportunity...or have insider info.

02-20-2009, 03:22 PM	#17
s15driftking Go Browns! Join Date: Nov 2008 First Name: Bobby Location: Columbus Ohio Posts: 2,763 Trading: (16)	Re: Investing I hear alot of good things about YUM corporation as well. __________________ diamonds/guns

02-20-2009, 03:29 PM	#19
Raralith Death to the Unbelievers Join Date: Oct 2008 Location: Southern California Posts: 475 Trading: (24)	Re: Investing I do have some good news. I've been eyeing some product that only accepts Euro's. I made a purchase two days ago when the currency was very much in our favor; 275 euro to 340.80 US AND that includes the 3% exchange fee on top of it all so I broke .8000/Euro!