Man I really expected today to go much different then it has. FRE is the only thing keeping me alive. I thought WM would be a winner today and boy was I wrong.
good? Bad?
This thread reminds me a lot of the compulsive gambler we have at work. Listening to him tell his tales of, “all the money he made the other night at the tables” you’d think he never lost. The truth is he only tells the stories about when he’s up and not when he’s down.
Putting any large amount in a single investment with the market instability we have right now is about as safe as betting money at the casino. Diversify and be thankful that you’re not close to retirement age.
This is one of the worst posts I have ever seen you make on this forum. The fucking thread started as a rant of how much money some of us were losing. We now share tips with each other and I know some of us(myself included) have made a generous amount of money this year in the stock market. You shooting down what we do and the time and research we put in to our decisions calling them gambles is just plain rude. To be honest I think this is just your way of dealing with not being involved.
DIVERSITY are you fucking kidding me Jay? Are you really ASSUMING you know what all of our full financial situation look like? How do you know we aren’t diversified? I would GAMBLE to say I am invested in more avenues then you are but thanks for the tip buddy. Ok the crazy kiddies putting all of their lunch money on the line have money to make. I really like your last line oh mighty. Ill let you know when im old and poor so you can help me out. HATE HATE HATE somewhere else. Kthanx
Ps-I still <3 you
wow … freddie mac is up 60% on the day… and climbing… IT might hit a dollar per share by days end…
Good buy for getting it at .30 lol
nothing like a triple return in 4 days lol
I’m up about 2200 on fannie and freddie today and down about 1500 on WaMu. Rest of the stuff about nets out. FRE almost passed FNM for the first time ever just now.
FNM seems to hit resistance at 90 cents. Every time it hits that it falls quickly.
Yea my shitty gambling addiction got my ass. Dont forget about the fact that my WM shares are up over 50% still as well. I think my loser pics from last week are down about 5% 
PS I still think you should buy FRE.
I agree, I’m waiting for the account to be cleared. 
I wanted to do this friday. :shrug:
I wouldnt worry about that WM Joe its only because people are afraid of stipulation in the $700 billion making them not get relief and I do not see that happening. No machine gun for them yet but I think they have a pistol atleast.
All the gold companies should be steadily raising too.
http://finance.google.com/finance?q=AMEX:NGD&client=ft - NGD one that I’ve been watching has been doing great. Its “Down” cause something fucked up happen last night, where it shows a trade at 9.40… But the relateds are all 10-20% up on the day
with the dollar dropping gold should be gaining price, and the companies that profit off them should be doing well… (my thinking off?)
ENOUGH IS ENOUGH, I’ve HAD IT WITH THESE MOTHER FUCKING SNAKES ON THIS MOTHER FUCKING PLANE. sorry random lol HBO on demand kicks ass
I would not advise touching gold as an investment this late in the game. We may very well be at a bottom and even if not it is in question which tells me to stay away. If you are looking for a short term play then cool go for it. But remember if the relief gets signed and people are confident in it then golf will fall. If you are looking to invest long on anything just pick anything you think is way undervalued right now that will rebound on a recovery which I see happening sooner then later. To be honest yea I have made some $$$ this year but the ones that I picked up beaten down along the way are where I really see myself making money on in the next year or two.
Thats all I’m looking to do…
I’m not really concerned with the long term investment right now. As I know I should be. if that was the case I would probably look into foreign investment
Sweet then go for it thats the biggest thing you have to be in it to win it. I have swallowed my share of losers and am quite proud of my ability to walk away when needed. Let us know how it works for ya. Invest foreign? Thats crazy talk brah. On a recovery we will be seeing rebounds as if standing up an emerging market but even better since we have experience.
Wow, MS and GS shift to the red. I will be following them closely.
Just dumped my WM at 3.83 and got into MS at 26.75 instead.
http://moneycentral.msn.com/inc/news/providerredir.asp?feed=OBR&date=20080922&id=9173012
Mistu buying 20% of MS
yea WM looks like its going to have some issues for a little bit, if its seeking a “buyer”
Sorry cougar, didn’t mean to hit such a nerve with you. I’ve had some close friends/family get in real trouble listening to talk of big short term gains like what has been presented here.
All I was trying to convey with my casino analogy was to make sure you’re hearing the whole story before buying into anyone’s investment strategy, especially if it involves as much funds movement as I see in this thread.
I’ll freely admit I know no where near as much about investing as you or Joe or probably most of the people in this thread. By that same token though I see an awful lot of professional investors who’s careers ride on investment advice doing poorly right now. Sometimes markets are just so volatile that no amount of research and strategy is going to keep you out of the red.
So sorry, didn’t mean to belittle your advice. I’ll keep to the sidelines on this thread from now on.
Anyone that buys stocks based on what they read on this website, or any other forum, deserves the hit they are going to take.
:shrug:
M&T stock jumped up like 30 points in 2 months. Hooray for me.
OK I’ve got it figured out. This thing’s cyclical. Buy on even numbered days of the month sell on odd numbered. :pimp: