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post #1 of 23 (permalink) Old 11-12-2008, 08:30 AM Thread Starter
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Thumbs down Damn Market

When's it gonna stop crashing down? LOL
Oh man, I down only several hundred so far but this sucks.

To any, I picked up DRYS..at $23 share a couple weeks ago, it's now down to about $9. I feel it's got great potential to get back to where it was a few months back.

My luck in the market stinks

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post #2 of 23 (permalink) Old 11-12-2008, 08:31 AM
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Took advice from 01WC on drys didn't you? lol.
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post #3 of 23 (permalink) Old 11-12-2008, 08:35 AM Thread Starter
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Quote:
Originally Posted by NaSSty Nate
Took advice from 01WC on drys didn't you? lol.

Maybe

I just gotta sit back and wait

2004 GT Conv't

MODS:
FLOWS, 3.73'S, BASSANI O/R X-PIPE, ACCUFAB 75MM TB, PLENUM, AND VORTECH V-3 SUPERCHARGED


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post #4 of 23 (permalink) Old 11-12-2008, 08:36 AM
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Quote:
Originally Posted by bjtheman1
Maybe

I just gotta sit back and wait
I've had my eye on that stock, bought a few more shares yesterday at 12...lol...
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post #5 of 23 (permalink) Old 11-12-2008, 08:38 AM
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Quote:
Originally Posted by NaSSty Nate
I've had my eye on that stock, bought a few more shares yesterday at 12...lol...
I did much of the same. Unfortunately, most of my holding in that was bought at a much higher price

Somehow I've managed to stay about even through all of this and as long as I keep buying when it drops I guess I should make it out ok.

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post #6 of 23 (permalink) Old 11-12-2008, 08:40 AM
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Lucikly some of my blue chips have kept me from losing my ass in the last month...my speculative stocks I took a gamble on...well...I went in gambling what I could afford to lose.
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post #7 of 23 (permalink) Old 11-12-2008, 08:40 AM
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Right now , even the experts are getting their asses kicked so don't feel like the lone ranger .
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post #8 of 23 (permalink) Old 11-12-2008, 08:40 AM
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Took money out of stock market and put into guns. It's been great.
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post #9 of 23 (permalink) Old 11-12-2008, 08:41 AM Thread Starter
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Quote:
Originally Posted by Hass
Took money out of stock market and put into guns. It's been great.

That's my next move

2004 GT Conv't

MODS:
FLOWS, 3.73'S, BASSANI O/R X-PIPE, ACCUFAB 75MM TB, PLENUM, AND VORTECH V-3 SUPERCHARGED


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post #10 of 23 (permalink) Old 11-12-2008, 08:48 AM
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i'm smiling on the sidelines for the moment... it can go down as much as it wants.

i lost a solid 22% this year in my 401k this year but i moved out of equities, saving myself from losing another 10% in the last month. i'm waiting to move it back in. if today has a solid drop, i may move back in tomorrow and make an attempt to short it and do that a few times to try and recover some of my losses from the year.

Last edited by momo stallion; 11-12-2008 at 08:54 AM.
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post #11 of 23 (permalink) Old 11-12-2008, 08:51 AM
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The market will probably keep moving within the 8k to 10k range for the next couple of months. There is a lot of money on the sidelines, and any solid move into the 9k range triggers selling as people with the funds are placing redemption orders.
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post #12 of 23 (permalink) Old 11-12-2008, 02:55 PM
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Im glad Im just playing with fake money! According to my virtual portfolio i dont know what the fuck im doing....

98 Brokra
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post #13 of 23 (permalink) Old 11-12-2008, 02:59 PM
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I have no clue if the market is going up or down tomorrow so I sat on my hands. it's so hard trying to forecast a day in advance but it's what i have to do if i want to move my money between investment accounts.
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post #14 of 23 (permalink) Old 11-12-2008, 03:01 PM
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Fire sale!

'05 Redfire Mustang

"Self-government won't work without self-discipline." - Paul Harvey
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post #15 of 23 (permalink) Old 11-12-2008, 03:43 PM
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Quote:
Originally Posted by GhostTX
Fire sale!
It hasn't even begun yet. When Barry is sworn in and starts talking about tax hikes the stock market is going to look like the Titanic, who gives a shit about the icy waters?

1/19/09, the last day of Free America.
Pericles "Freedom is the sure possession of those alone who have the courage to defend it. "

"[T]he people alone have an incontestable, unalienable, and indefeasible right to institute government and to reform, alter, or totally change the same when their protection, safety, prosperity, and happiness require it." --Samuel Adams


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post #16 of 23 (permalink) Old 11-12-2008, 05:08 PM
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Looks like another down day tomorrow. Intel dumped on the market after the close with a warning about sales.
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post #17 of 23 (permalink) Old 11-12-2008, 06:25 PM
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Its really tough right now . I am in as deep as I can afford to be in but damn there are some deals out there if you are patient and wait for a drop .
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post #18 of 23 (permalink) Old 11-13-2008, 02:18 PM
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what a stupid day on wall street. down as much as 300 pts below 8000 then up 550 points closing above 8800
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post #19 of 23 (permalink) Old 11-13-2008, 02:20 PM
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Quote:
Originally Posted by Sean88gt
It hasn't even begun yet. When Barry is sworn in and starts talking about tax hikes the stock market is going to look like the Titanic, who gives a shit about the icy waters?
My man! Preach it!

CHL holder and Conservative...AKA "Domestic Terrorist"
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post #20 of 23 (permalink) Old 11-13-2008, 04:17 PM
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Quote:
Originally Posted by momo stallion
what a stupid day on wall street. down as much as 300 pts below 8000 then up 550 points closing above 8800
What was that move?! We are no where close to bottoming if there is that many people wanting to dive in to the market.
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post #21 of 23 (permalink) Old 11-13-2008, 04:26 PM
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Up 500+ today.
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post #22 of 23 (permalink) Old 11-13-2008, 04:40 PM
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There was a 900pt swing in a time span of about 3hrs.

TRAIN TRASH it's like WHITE TRASH but with money.

My other vehicle is a Locomotive.

Don't cupple up without protection.
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post #23 of 23 (permalink) Old 11-13-2008, 08:19 PM
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Our father, who art on Wall Street, Hallowed be thy game, Thy fortune come, In weeks to come, To my 401 as it has in the past...
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