Stock Market

[AdamLX]

Good times on the market!

[347Mike]

Close to -4% just a short while ago..

[AdamLX]

Nice way to face plant at the finish line. Down over 500, ouch.

[347Mike]

I purchased some shares today hoping for a small bounce of some sort tomorrow. I have my stops set closely. We shall see.

[mstng86]

ahhhh we need to stimulate the economy, everyone go out and buy electric generators!!

[KBScobravert]

Nice way to face plant at the finish line. Down over 500, ouch.

You got that right.

I can't wait till tomorrow.

[Broncojohnny]

I purchased some shares today hoping for a small bounce of some sort tomorrow. I have my stops set closely. We shall see.

If the unemployment number is pristine you might see a bounce back. If it even smells like a turd you are going to see more pants shitting fear and refusal to hold positions over the weekend. Just my opinion and my guess.

I don't buy until there is blood in the streets, there may be some tomorrow.

[347Mike]

If the unemployment number is pristine you might see a bounce back. If it even smells like a turd you are going to see more pants shitting fear and refusal to hold positions over the weekend. Just my opinion and my guess.

I don't buy until there is blood in the streets, there may be some tomorrow.

Yeah, I agree but granted everything is down 4% I am taking a chance. The two stocks I bought in at are a couple pennies from their bottom. Worst case scenario I lose a few percent.

I know its not a very accurate indicator of how tomorrow will be but I have looked at 10-15 large companies, goog, aapl, lnkd (4% afterhours) and a few banks, and they all seem to be green afterhours. I am only looking for a quick 2-3% short gains tomorrow from each one. I am happy with a 6% day. If its more, super good, but if not I am happy with a few percent.

What were you guys laughing at about TYP? I know nothing about it but but I do know it finished almost at 14% today.

[Broncojohnny]

Yeah, I agree but granted everything is down 4% I am taking a chance. The two stocks I bought in at are a couple pennies from their bottom. Worst case scenario I lose a few percent.

I know its not a very accurate indicator of how tomorrow will be but I have looked at 10-15 large companies, goog, aapl, few banks, and they all seem to be green afterhours. I am only looking for a quick 2-3% short gains tomorrow from each one. I am happy with a 6% day.

What were you guys laughing at about TYP? I know nothing about it but but I do know it finished almost at 14% today.

We were laughing at the fact that you know nothing about it.

There is a good chance that you'll see an up day tomorrow. I just think even if you do, we got some down days coming next week. This was the worst day we have had in years and usually you'll see more ups and downs before things settle out. Don't get me wrong though, I don't know what it will do, no one does, I can only guess just like the talking heads.

I can say with absolute certainty that if we get another day or two like this there will be some really good prices on shares that should be kept forever. There is nothing that makes me believe that this is anything different from the Japan incident earlier this year. I've got about $20K in dry powder and I'll be bringing it to the table if that happens and probably unloading it 20% at a time, just in case we go lower.

Also, if the Fed comes out and says they will calm the markets with asset purchases, all bets are off, we'll take off for the moon. It could happen.

[dblack1]

If the unemployment number is pristine you might see a bounce back. If it even smells like a turd you are going to see more pants shitting fear and refusal to hold positions over the weekend. Just my opinion and my guess.

I don't buy until there is blood in the streets, there may be some tomorrow.

Over at zero hedge they are calling for a UE turd. Possible it goes above 9.2.

We will see. I have been watching IR also, but US steel (X) is starting to look good again, along with 3M and PPG.

[Broncojohnny]

Over at zero hedge they are calling for a UE turd. Possible it goes above 9.2.

That site is horseshit.

[dblack1]

That site is horseshit.

It is entertaining, just like Cramer, which the same can be said for. Last night he called for a up day, same as the night before, hell he'll eventually be right if he stays with the same up day horseshit.

[347Mike]

It is entertaining, just like Cramer, which the same can be said for. Last night he called for a up day, same as the night before, hell he'll eventually be right if he stays with the same up day horseshit.

I don't watch Cramer enough to know what his "predictions" are but I don't see why everyone hates on him so much when he is wrong. I mean who the hell is 100% accurate on investing? lol If anything it is the stupid follows who go and buy or sell the stocks he mentions.

[Silverback]

I don't even know why you guys even bother with all those sites.

I've got a couple of tips for you that are sure to make some money.

Farrow Tech and MSC, just remember me when you make a lot of money!

[Broncojohnny]

It is entertaining, just like Cramer, which the same can be said for. Last night he called for a up day, same as the night before, hell he'll eventually be right if he stays with the same up day horseshit.

True, even the biggest idiots do make some points. I watch Cramer because he throws out an idea every once in a while that I like.