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so jeffie, how much did you loose today?

Discussion in 'Members' Lounge' started by pissedoffsol, May 17, 2006.

  1. pissedoffsol

    pissedoffsol RETIRED

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  2. get_nick

    get_nick These snozzberries taste like snozzberries... VIP

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    Man, this week has been horrible. We have some clients that have lost 4%. Then again they aren't very diversified. This is a killer for the market. I'm really glad i'm not a stock jockey. I deal mostly with high quality mutual funds. But shit, today sucked ass....
     
  3. reckedracing

    reckedracing TTIWWOP VIP

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    so hows gold and silver? :p
     
  4. pissedoffsol

    pissedoffsol RETIRED

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  5. jeffie7

    jeffie7 Wrong Whole! VIP

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    I lost nothing. I cashed in. [​IMG] I'm 100% in cash. outside of my IRA that is. even my IRA I sold off all but 1 stock. the rest are all money markets.

    If any stock takes an 8% loss I SELL. thanks to that rule I didnt lose a dime. Im still ahead of where I started.
     
  6. get_nick

    get_nick These snozzberries taste like snozzberries... VIP

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    money markets huh? what are you getting for a return on those? I think we are pulling a 3.98% on ours. not bad for a fancy savings account.
     
  7. jeffie7

    jeffie7 Wrong Whole! VIP

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    I'd have to look. one year it rocks the next its so so. on avg I have no idea. its my IRA I just kinda leave it be and walk away.





    http://finance.yahoo.com/q/bc?s=OS&t=6m&l=on&z=m&q=l&c=

    My main stock. I bought it 1/24/06 and sold it 2 days ago.
     
  8. totalburnout

    totalburnout Well-Known Member VIP

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    Its time to take some chances and buy when everything is down.
     
  9. jeffie7

    jeffie7 Wrong Whole! VIP

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    Fuck that.

    Anyone else want to try and catch a falling knife?
     
  10. pissedoffsol

    pissedoffsol RETIRED

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    3.9% for a money market?

    paypal pays better.
     
  11. Capt. Orygun

    Capt. Orygun Win the Day

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    OMG this is all Bush's fault

    don't blame me I voted for Al Heinz Nader

    ...
     
  12. TurboMirage

    TurboMirage YEEAAAHHH VIP

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    yes, yes it does :)
     
  13. totalburnout

    totalburnout Well-Known Member VIP

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    Its always going back up. :)
     
  14. jeffie7

    jeffie7 Wrong Whole! VIP

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    most stocks that jump up really high then fall back down will almost never see their old highs. unless they were a very simple slow acting stock.

    Well if you're right you should go out and buy tons of stock since you'll make tons of money off it.
     
  15. totalburnout

    totalburnout Well-Known Member VIP

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    They're stocks, you don't move them around every other day if you want to see gains.

    ...and you don't go buying stocks that are seeing a huge high, because by the time they're seeing these huge highs, their prices are already inflated and the allure is already gone. Thats like jumping on a hooker bandwagon - its already been ridden to death.
     
  16. cheese9988

    cheese9988 Senior Member VIP

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    :werd:
    They will go back up over time. When I look at stocks I try to get something with a decent dividend, that way they will pay something back to me if they go down, even if it isn't much. A high dividend, to me at least, tells me that they still have cash to stay around for a little while.
     
  17. reckedracing

    reckedracing TTIWWOP VIP

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    ING direct will give you better returns on a cash savings account with no terms, always liquid
     
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