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Time to buy stocks yet

Discussion in 'Off Topic Threads' started by smsnyder, Mar 2, 2009.

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  1. smsnyder

    smsnyder Well-Known Member

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    What do you think guys. Man is stocks cheap
     
  2. Steve W

    Steve W Well-Known Member

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    You'll need more luck than winning the Lotto to catch the bottom on buying stocks, most of us will miss the boat if you wait for that.

    You want to catch Bank of America at $2.53 again? I wouldn't hold my breath on it. I bought more today @$3.30.
     
  3. smsnyder

    smsnyder Well-Known Member

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    Whats going to happen to Fannie, Freddie and AIG stocks?
     
  4. waterhouselake

    waterhouselake TS Member

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    Synder...I believe there is no hurry. When the volume on an issue dries up , that is a pretty good indicator a bottom is close. Also watch the earnings of the issues that interest you.....
     
  5. acre44

    acre44 Member

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    I will not buy until 3 consecutive days of increases.
     
  6. dverna

    dverna Active Member

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    I bought a stock last weekend. It was attached to a Remington 742 with a pristine receiver/barrel that also had a Leupold scope on it. All for $350.

    Don
     
  7. smsnyder

    smsnyder Well-Known Member

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    How low can it go 6000? I feel bad for old folks who are retiring. Government really messed things up.
     
  8. gun fitter

    gun fitter TS Member

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    No but california english blanks might be good.
     
  9. H82MIS

    H82MIS TS Member

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    What government??????

    we have none,,,,

    we have someone hell bent on destroying a once great nation,,,,

    his mission is almost complete,,,,
     
  10. hmb

    hmb Well-Known Member

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    There will be no bottom until they bring back the up tick rule. HMB
     
  11. waterhouselake

    waterhouselake TS Member

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    Cubancigar2000...Why Wells Fargo? There is a bank in your own backyard that seems to be very solvent and has not taken a dime of TARP money. Check it out! Glacier Bankcorp, symbol GBCI
     
  12. Joe Potosky

    Joe Potosky Well-Known Member

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    If you stay away from the major financial's and investing for the long term, go for it.

    Don't put in any cash money you will need for the next 3-5 years.
     
  13. grnberetcj

    grnberetcj Active Member

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    A spark plug now is more than GM's stock.....

    No such thing as Blue Chip stocks anymore.....

    Keep an eye on resource stocks....everybody needs resources...

    Curt
     
  14. superxjeff

    superxjeff Active Member

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    I am waiting for some sign of a bottom and then i will own that large blocmk of GE I have always wanted to own! 6000 is right around the corner. I suspect 5000 may be in the offing. Jeff
     
  15. bigdogtx

    bigdogtx Well-Known Member

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    There are better investments than equities right now and for some time,,,,less volatility and much more stable.
     
  16. smsnyder

    smsnyder Well-Known Member

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    Heck putting your money in a CD or checking account an't worth it. No interest.
     
  17. halfmile

    halfmile Well-Known Member

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    Gold will take off if it takes out the resistance at 1 thousand.

    AIG is toast, 30 billion more going down that toilet.

    This market is strictly for the full time pros, stay out or get fried.

    HM
     
  18. bigdogtx

    bigdogtx Well-Known Member

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    it can be a money maker,,,,just have to know when to buy, when to hold and when to SELL
     
  19. Mr.M

    Mr.M Supporting Vendor Supporting Vendor

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    SM,

    Yes, it is the time to buy stocks!!!!!!!!!!!! Not the paper stuff that lets you become the unwitting victim of/accomplice to the management structure (or lack thereof) that's running all of us into the ground. Yes to the kind of stocks we all ought to be buying. Here are the guidelines: Pick a wood that is ideal for gunstock production - walnut, myrtle, maple, bubinga; find a reputable producer/wholesaler/seller - one person who does it all is the ideal; be precise when asking them what you want to INVEST in and put some away for a rainy day or a sunny day or any day when you feel inspired to hand your masterpieces over to a qualified stockmaker (rarer every day - say thanks to yours often).

    A little tongue in cheek, but not much.

    Tangible assets are the deal until this stimulus stuff either blows over or blows up. If looking at gold or silver, favor silver in the short term and gold in the long term. Both will do well while the new administration is finding out that the old, established networks don't frankly give a damn, Charlotte, that "Change has come to America". It ain't about white, black or brown - it's simply about green.

    Now that I've set the stage, pictures of a "Tangible Asset" that I discovered yesterday hiding in slab number 36 of the 48 high grade Myrtle slabs we produced into gunstocks. For your viewing enjoyment.

    Mike Mann ATA Life 07-34685
    [​IMG]

    [​IMG]
     
  20. grnberetcj

    grnberetcj Active Member

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    Bulls make money

    Bears make money

    Pigs lose money

    Curt
     
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