# Good day for the market

**URL:** <https://forums.speedlife.net/t/good-day-for-the-market/46028>\
**Category:** NYSpeed Off Topic\
**Created:** [April 1, 2008, 1:07pm UTC](https://forums.speedlife.net/t/good-day-for-the-market/46028 "2008-04-01T13:07:29Z")\
**Posts on this page:** 13\
**Page:** 2

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**Author:** ![walter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/walter/32/7202_2.png) [@walter](https://forums.speedlife.net/u/walter)\
**Post date:** [April 2, 2008, 7:19am UTC](https://forums.speedlife.net/t/good-day-for-the-market/46028/21 "2008-04-02T07:19:38Z")

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> [@TORQDSS](#):
>
> at least we all made some money today… well i’m sure not everyone did but most of us i’m sure

Its all zero-sum.

In order to make money, someone has to lose it.

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**Author:** ![93dx\_hatch](https://avatars.discourse-cdn.com/v4/letter/9/90ced4/32.png) [@93dx\_hatch](https://forums.speedlife.net/u/93dx_hatch)\
**Post date:** [April 2, 2008, 7:20am UTC](https://forums.speedlife.net/t/good-day-for-the-market/46028/22 "2008-04-02T07:20:15Z")

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no, I don’t have any money in the market, other than my 401k.

But I just got my 1st 1/4 bonus check and am itching to do something with it. I just don’t know what I want to do with it yet.

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**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\
**Post date:** [April 2, 2008, 7:23am UTC](https://forums.speedlife.net/t/good-day-for-the-market/46028/23 "2008-04-02T07:23:49Z")

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> [@Avatar](#):
>
> So far, everything is down this morning.

Not Philip Morris 🙂

Keep up the good work, smokers  
I really couldn’t think of a product less vulnerable than one where the majority of the customers are addicted.

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**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\
**Post date:** [April 2, 2008, 7:34am UTC](https://forums.speedlife.net/t/good-day-for-the-market/46028/24 "2008-04-02T07:34:44Z")

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> [@93dx--hatch](#):
>
> no, I don’t have any money in the market, other than my 401k.
> 
> But I just got my 1st 1/4 bonus check and am itching to do something with it. I just don’t know what I want to do with it yet.

What kind of term are you looking for?  
I am taking advantage of it while i can because by June when i am stateside again i won’t be able to monitor the market during the day anymore so i am looking for some long term performers. I already have some mutual funds. But i think im just going to pull more back to cash and just put more down on a house maybe.

> [@Joe](#):
>
> Not Philip Morris 🙂
> 
> Keep up the good work, smokers  
> I really couldn’t think of a product less vulnerable than one where the majority of the customers are addicted.

I am actually making some money today as well.

I read before that during a “recession” a safe bet is always booze, cigs, and gaming lol. They actually thrive in bad economic conditions. “Honey I lost my job today, go grab me some lotto, a case of Genny, and some Reds, NOW BITCH!!!”

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**Author:** ![Avatar](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/avatar/32/5076_2.png) [@Avatar](https://forums.speedlife.net/u/Avatar)\
**Post date:** [April 2, 2008, 7:46am UTC](https://forums.speedlife.net/t/good-day-for-the-market/46028/25 "2008-04-02T07:46:59Z")

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Vice stocks can be reletively safe. Cigs, booze, etc

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**Author:** ![Z\_PHAT\_Z](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/z_phat_z/32/7293_2.png) [@Z\_PHAT\_Z](https://forums.speedlife.net/u/Z_PHAT_Z)\
**Post date:** [April 2, 2008, 8:21am UTC](https://forums.speedlife.net/t/good-day-for-the-market/46028/26 "2008-04-02T08:21:00Z")

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> [@cougarspeed](#):
>
> Of just what i put into today?  
> C and UBS just incase there was a two day rally. C is doing well for the time being. My other stuff is doing ok right now.

I just sold 750 shares of C @ $25 today. I bought in at $18.00. Good day so far. Now just wait for the damn SIRI to merge so i can take some more profit. I also kicked myself for selling AAPL at $140.

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**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\
**Post date:** [April 2, 2008, 8:29am UTC](https://forums.speedlife.net/t/good-day-for-the-market/46028/27 "2008-04-02T08:29:13Z")

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STI is finally sucking less the last couple days. I bought them in the fall to hold because I think they’re ripe to be taken over, but I don’t like seeing red on my gain/loss chart

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**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\
**Post date:** [April 2, 2008, 8:34am UTC](https://forums.speedlife.net/t/good-day-for-the-market/46028/28 "2008-04-02T08:34:22Z")

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> [@Z PHAT Z](#):
>
> I just sold 750 shares of C @ $25 today. I bought in at $18.00. Good day so far. Now just wait for the damn SIRI to merge so i can take some more profit. I also kicked myself for selling AAPL at $140.

Ill say it’s good day you certainly pocketed a chunk of change. I was going to sell at $25 but was greedy so i will see what it does for the day. But i am considering picking a financial to hold for a few months to see how things go. I have been holding on a good amount of SIRI since November. I am still undecided to what i will do with it. I think on the annuncement from the FCC i will let 50% go and leave the rest to find out how it does in the next year or two.

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**Author:** ![Z\_PHAT\_Z](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/z_phat_z/32/7293_2.png) [@Z\_PHAT\_Z](https://forums.speedlife.net/u/Z_PHAT_Z)\
**Post date:** [April 2, 2008, 8:42am UTC](https://forums.speedlife.net/t/good-day-for-the-market/46028/29 "2008-04-02T08:42:25Z")

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> [@cougarspeed](#):
>
> Ill say it’s good day you certainly pocketed a chunk of change. I was going to sell at $25 but was greedy so i will see what it does for the day. But i am considering picking a financial to hold for a few months to see how things go. I have been holding on a good amount of SIRI since November. I am still undecided to what i will do with it. I think on the annuncement from the FCC i will let 50% go and leave the rest to find out how it does in the next year or two.

I got in SIRI at $1.88 just last week. I was keeping my eyes on it for a while and got in right after the DOJ announcement. I also made a really risky decision on TMA(Thornburg Mortgage) on the 2nd extension of their magin calls. They finally fulled it thru to avoided BK, but the price didn’t move that much ☹ . Still holding on it to see how it goes. GL to you bro 🙂

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**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\
**Post date:** [April 2, 2008, 8:44am UTC](https://forums.speedlife.net/t/good-day-for-the-market/46028/30 "2008-04-02T08:44:27Z")

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> [@cougarspeed](#):
>
> I read before that during a “recession” a safe bet is always booze, cigs, and gaming lol. They actually thrive in bad economic conditions. “Honey I lost my job today, go grab me some lotto, a case of Genny, and some Reds, NOW BITCH!!!”

lol, how true

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**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\
**Post date:** [April 2, 2008, 8:54am UTC](https://forums.speedlife.net/t/good-day-for-the-market/46028/31 "2008-04-02T08:54:02Z")

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> [@Z PHAT Z](#):
>
> I got in SIRI at $1.88 just last week. I was keeping my eyes on it for a while and got in right after the DOJ announcement. I also made a really risky decision on TMA(Thornburg Mortgage) on the 2nd extension of their magin calls. They finally fulled it thru to avoided BK, but the price didn’t move that much ☹ . Still holding on it to see how it goes. GL to you bro 🙂

GL to you too and be sure to share news on anything you see doing well in the future.

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**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\
**Post date:** [April 2, 2008, 9:56am UTC](https://forums.speedlife.net/t/good-day-for-the-market/46028/32 "2008-04-02T09:56:44Z")

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I just wanted to say thanks to Bernake for his great use of doublespeak today. /sarcasm

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**Author:** ![AKUMA\_TO\_TENSHI](https://avatars.discourse-cdn.com/v4/letter/a/db5fbb/32.png) [@AKUMA\_TO\_TENSHI](https://forums.speedlife.net/u/AKUMA_TO_TENSHI)\
**Post date:** [April 2, 2008, 6:42pm UTC](https://forums.speedlife.net/t/good-day-for-the-market/46028/33 "2008-04-02T18:42:27Z")

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It was a nice not to see another big down day. Nice call on C don’t worry about Apple there are plenty of other places to get big returns. SIRI and XM won’t see major price movement any time soon … next 6 months. Short term we are still range bound If anything picking some select bank stocks now will pay off buy year end.

KK

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