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Old 05-15-2009, 11:33 AM  
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The economy is going deeper down the ****ter

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Old 05-28-2009, 08:05 PM   #121
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I don't doubt him, in this market if you bought at the bottom in March, all you had to do was throw a dart at the stock board and you'd be up pretty far.
He didn't say since March. He said YTD.

I'm actually doing great in the market. How did I do it? I sold everything about 18 months ago and paid off all of my debt. Other than my house, I don't owe a dime for anything. As a result, I've got the cash to buy back everything at a tremendously reduced cost basis. I still haven't yet, and I'm not sure when I will. I'm considering going heavier into real estate instead of stocks.

The whole situation worked out pretty well for me, but to say that the market has been pretty much sideways is asinine.
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Old 05-28-2009, 08:14 PM   #122
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Originally Posted by Saul Good View Post
He didn't say since March. He said YTD.

I'm actually doing great in the market. How did I do it? I sold everything about 18 months ago and paid off all of my debt. Other than my house, I don't owe a dime for anything. As a result, I've got the cash to buy back everything at a tremendously reduced cost basis. I still haven't yet, and I'm not sure when I will. I'm considering going heavier into real estate instead of stocks.

The whole situation worked out pretty well for me, but to say that the market has been pretty much sideways is asinine.
For being a n00b to it, I'm up 200% for the last year and 100% for the last 6 months. I bought a bunch of BAC and XL when it was at about 3$ each and sold them both @ $10.

I lost a little trading one of those triple leveraged ETF's I haven't sold it yet, but I'm almost persuaded that the whole thing is a scam. Otherwise my numbers woud be even better. But no, my girlfriend doesn't look like Meghan Fox.
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Old 05-28-2009, 08:16 PM   #123
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Old 05-28-2009, 08:30 PM   #124
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That's a typo : "L next to :"
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Old 05-28-2009, 09:14 PM   #125
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The whole situation worked out pretty well for me, but to say that the market has been pretty much sideways is asinine.
You have a reading problem. I said it has been sideways since this thread was started, not since the disaster began.

As for being up while the market is going down, it's not that difficult to do. But just like knowing when to start riding the market down, you have to know when to start riding it up.
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Old 05-29-2009, 08:37 AM   #126
whatsmynameagain whatsmynameagain is offline
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You've nearly tripled your original investment in less than 5 months? Sure thing. I'm sure you've got a 10" dong and a wife who looks like Megan Fox, too.

Why do I get the feeling that your "investments" involve turning a quarter on it's side, rubbing vigorously, and hoping to find 3 matching numbers?
you can triple your money in a day with this market. stem cells, alt energy, and green products are doing well. there are some great companies out there that are very undervalued. now it does take some brainpower to figure these things out, good luck!
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Old 06-01-2009, 09:58 AM   #127
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whatever, we're VERY busy now at my job and two mos. ago we were doing nearly 50% as to what we currently are. Sorry, I totally don't agree (@ least as far as I can tell.)

If somebody can't make a decent living in America, they should only blame themselves.
Coming from someone who is NOT job hunting right now, this comes off as extremely arrogant. People are struggling and hurting whether or not it has hit you yet.
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Old 06-01-2009, 11:05 AM   #128
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Coming from someone who is NOT job hunting right now, this comes off as extremely arrogant. People are struggling and hurting whether or not it has hit you yet.
Welcome to the casino economy, it's all a big gamblefest.
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Old 06-01-2009, 11:05 AM   #129
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some market experts predicted huge selloffs today, doh!

there are jobs out there, pride is just getting in some's way......
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Old 06-01-2009, 11:15 AM   #130
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you can triple your money in a day with this market. stem cells, alt energy, and green products are doing well. there are some great companies out there that are very undervalued. now it does take some brainpower to figure these things out, good luck!
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It is amazing how often people confuse luck with intelligence....
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Old 06-01-2009, 11:48 AM   #131
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some market experts predicted huge selloffs today, doh!

there are jobs out there, pride is just getting in some's way......
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If you know anything about markets this is setting up to be the biggest bear trap in recent history.

That being said, there is SO much newly printed money the DOW could go to 20,000 in a couple of years and you'd still be losing money in real terms.
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Old 06-01-2009, 11:59 AM   #132
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Could be. Maybe not. I've still been slowly getting back out of stocks and into cash until we see what happens in the next couple of months.
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Old 06-01-2009, 03:01 PM   #133
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If you know anything about markets this is setting up to be the biggest bear trap in recent history.

That being said, there is SO much newly printed money the DOW could go to 20,000 in a couple of years and you'd still be losing money in real terms.
the biggest in recent history you say? sounds like you really know your stuff......
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Old 06-02-2009, 09:18 AM   #134
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What's the status on all the green jobs that jackass B.O. promised?
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Old 06-02-2009, 09:23 AM   #135
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What's the status on all the green jobs that jackass B.O. promised?
Things are improving and most of the indicators are pointing in the right direction, and this is the best you can do?

Good luck with that.
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