http://pragcap.com/the-stock-market-vs-the-economy
Really good writeup on the economy. Check it!
Event…the markets are pretty insane. I have one bit of advice…don’t go looking for pots o gold and recognize the market for what it is. It’s heavily manipulated and probably the biggest case of reverse psychology I’ve ever seen. You won’t find pots o gold through indicators…stick to price action and follow the trend.
Yeah, I’m not expecting to invest in some low cost company that’s going to explode and become rich overnight, I know that shit doesn’t happen. I just wanna soak up some knowledge over the next year or two and make some small investments, so when I graduate college I’ll have a decent start and be ready to do some heavier investing.
As far as companies to invest in, I keep reading on here it’s best to diversify and aim for long term gains. So one I definitely plan on investing in is google. I don’t see them going anywhere but up, based on the competition they have in the tech market. As far as companies in other markets, I still need to do a lot more research, but that’s why I’m starting to learn the basics now.
FUUUU…deleted the original post when adding the below.
Basically I said read up on covered calls, dividends and collars to work your cost basis down to $0 or even into profit generation.
Added—
BUMP, freddy and fanny dipped like a mother fucker, being delisted, almost wondering if its a good thing to buy if it drops low enough
---------- Post added at 11:54 AM ---------- Previous post was at 11:53 AM ----------
hope you got a lot of cash to invest in them, for any descent amount of shares like 5k or more thats serious money
http://www.tradersbase.com/forum/market-profile/667-market-profile-volume-profile-4.html#post7385
DOW mini market profile/volume profile analysis I did tonight. Check it out…if you’re mid term bullish it may give some insight. 
Mods should be able to recover it, try PMing one.
ive really been looking at british petroleum lately, not the 300$ one but the 29$ stock, its dropped 30$ but they have an excellent standing when it comes to profits and p/e, if i jumped in now and by the time this stupid oil thing was over it could get back up into the 60s and 70s
The key is to time your entry right, you don’t want to catch a falling knife. If anything, scale in in a bunch of small orders over a period of time.
I am going to start on oil again soon. Trading oil makes me a happy fella.
this would be way easier if i just found a trash can full of 500 Euro bills
The Euro is getting near a good buy again…you could hang on to them and get moar dollars
Iv been thinking along the same lines.I was going to wait until early next week.Iv never bought stock before though so im a little weary.
even if this oil crisis ends tomorrow, they have to spend a lot of money to fix whats happend, it could continue to drop for a long time
Pier One imports is taking a mega hit, if it gets down into 5ish dollar range im jumping in, 4 days ago it was above 9 bux, following the trend of the last year it hasnt gone under 5 when taking major hits, hoping for a quick pump and dump
Intraday momentum shift from last weeks action. Could prove interesting.
i bailed outta ford at 10.75, hit another low today, hoping it will get into the 9s, make some bank SONNN
I have to ask what made you bail. Was a planned level tagged stopping you out? How long term are you looking to play it? Are you looking for dividends etc… ?
I’ll comment further after you reply and I have more time. 
I bet he was only in it for mercury. :-p
LOL.
The irony of my resistance turned support trendline is we gapped just below then rallied and tested it this AM. So support is once again resistance.
LOL, i miss my buddy’s old mistake, that shit broke down every 8 seconds, knock on wood my car starts when i leave work
I personally no nothing about the stock market, i mean i have some idea of how it works, i look for patterns, but i look to my uncle for advice, hes not a guru but hes a CPA and an accountant with his own firm (nothing huge just started it about a year ago after working for someone over 25 years), he told me he believe the stock market is overvalued and FORD is overpriced, and in the last 2 weeks its dropped 2$, when i bailed at 11.25 and bought more stock at 11, i should of waited
its less than 10$ opening today
i took 40% of my portfolio and put it in my savings (12000), he told me i should keep some of my profit incase anything were to go catastrophically wrong, so i still have 15 grand to play with, if FORD can get to 9 or even in the 8s I will jump back in, or ill just levae it in my brokerage account (tradeking) and wait for something else to invest in
my uncle personally believes the stock market will crash again soon