Stock market tips and experiences

Los Angeles · 03-05-2009, 01:41 PM

Its shrinking....

BMW_TT · 03-05-2009, 01:52 PM

We're doomed

johnnymu · 03-05-2009, 01:53 PM

6500 will be the breaking point, next point will 4000. Feb unemployment rates comes out tomorrow looks for close to 680k job loss and unemployment rate to be around 7.9 u-3 scale look for u-6 to be close to 14percent

MJC///M3 · 03-05-2009, 03:01 PM

Quote:

Originally Posted by FifthStreetz

i got the answer, get rid of income tax for 1 year...

+1 probably wouldn't be a bad idea....

MJC///M3 · 03-05-2009, 03:03 PM

getting close to 6600 boys......financials are getting ripped as usual...

FAZ (ETF) is rippin' today.....could have made a nice lil profit going short financials..

MrHarris · 03-05-2009, 03:08 PM

Just look at SKF.. O_O

Los Angeles · 03-05-2009, 03:15 PM

Quote:

Originally Posted by MJC///M3

getting close to 6600 boys......financials are getting ripped as usual...

We'll be lucky if we stay above 6,000 until the end of March.

MJC///M3 · 03-05-2009, 03:18 PM

Quote:

Originally Posted by Los Angeles

We'll be lucky if we stay above 6,000 until the end of March.

absolutely agree with you....

650 on the S&P is near as well.

MJC///M3 · 03-05-2009, 03:20 PM

Quote:

Originally Posted by MrHarris

Just look at SKF.. O_O

hahaha...up 37.25 as of 3:18 EST. not bad when your at 200% inverse of the DJ Financials Index in these times huh??

johnnymu · 03-05-2009, 03:42 PM

Quote:

Originally Posted by MJC///M3

absolutely agree with you....

650 on the S&P is near as well.

After march 17th we will below 6k. End of march GM will not be able to pay back money loan expect government bailout again and the cycle continues. S&P will reach near 400 this year

johnnymu · 03-05-2009, 04:04 PM

hahahaha, Citigroup, one of the larger company now a penny stock hahaha
I just want to personally thank Obama a couple a days ago predicting stocks are a great buy right now. I hope all the buyers today didn't lose too much haha.. I can't wait to buy google when it's less than $100/share

Los Angeles · 03-05-2009, 06:53 PM

Quote:

Originally Posted by johnnymu

After march 17th we will below 6k. End of march GM will not be able to pay back money loan expect government bailout again and the cycle continues.

GM is going to be asking for bailouts for a while.

09' is going to be a hell of a year for a lot of companies.

nnnnnnnnnnnnnnnnnnnnnn · 03-05-2009, 07:22 PM

I think it would behoove GM to file chapter 11. They need to reorganize and restructure. Accepting more bailout money is just going to put off what needs to be done.

johnnymu · 03-05-2009, 10:00 PM

Looks like Future and Asia is sea of red again. With expected poor Job report and uncertainty of our financial sector, I expect Market to end the week on a down note, of course unless Obama comes out and blame China for everything.

johnnymu · 03-05-2009, 11:06 PM

here's a graph I found, it shows the Dow support level and as you can see from 6000 there's a huge drop to 4000, watch for a huge breakdown soon.

MJC///M3 · 03-06-2009, 12:32 AM

interesting graph....the deviation is larger to 4000 b/c the vertical axis appears to be a logarithmic scale correct? Relatively speaking....its still def a big support...we cross that........bye bye....

I personally think the S&P is a better indication of the market, granted it encompasses 500 companies.....its a value weighted index as opposed to price-weighted such as the DOW (one of the main criticisms of the DOW acting as a leading indicator)....take a look at some graphs on the S&P ....scary stuff if you look at support levels.

johnnymu · 03-06-2009, 10:07 PM

check this chart out

captured from this site
http://www.smartmoney.com/Investing/...sion/?cid=1034

BMW_TT · 03-13-2009, 10:24 AM

If you guys missed this

http://tv.yahoo.com/blog/stewart-vs-...-take-all--183

ejazbmw · 10-26-2009, 01:40 PM

Now I'm not asking for any of your secretsto tips but I never bought stocks or anything before. I just want to know how does one buy stocks? do i need a stock broker or something or can i use a online site? I already have a list of companies that i want to invest in, and I read about the companies history so I feel like I did my homework well enough.

I'm just really interested in this. I'm going to take a investment class next semester so it should answer a lot of my questions but for the mean time i thought some of you guys can help me out. If you guys are using any websites which ones are you using because there a lot out there. thanks in advance

InsaneSkippy · 10-26-2009, 01:44 PM

1.) You can trade through an broker or trade online (or both)

2.) There's a LOT more to it than just company history. You need to know what kind of working capital the company has, what their debt is like, etc.

3.) The best thing you could do is create an account with fake money and gauge how well you do over the first few months. That way if the stocks go down you're not out anything.

ejazbmw · 10-26-2009, 01:46 PM

Quote:

Originally Posted by InsaneSkippy

1.) You can trade through an broker or trade online (or both)

2.) There's a LOT more to it than just company history. You need to know what kind of working capital the company has, what their debt is like, etc.

3.) The best thing you could do is create an account with fake money and gauge how well you do over the first few months. That way if the stocks go down you're not out anything.

2) oh believe me i did more then just the history i requested a lot of reports from companies so I'm waiting for them

3) theres a website that does this but forgot the name, do you happen to know it?

pdjafari · 10-26-2009, 01:47 PM

financial advice on a car forum, not a good idea IMHO

03-05-2009, 01:41 PM	#199
Los Angeles Steve Forte Rio 153 Rep 2,392 Posts Drives: 08' 328i Join Date: Aug 2007 Location: 90036 iTrader: (0)	Its shrinking....
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03-05-2009, 01:52 PM	#200
BMW_TT Colonel 236 Rep 2,547 Posts Drives: E92 335i Join Date: Aug 2007 Location: Dallas, TX iTrader: (4)	We're doomed
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03-05-2009, 01:53 PM	#201
johnnymu Warranty Killer 126 Rep 1,014 Posts Drives: Nike shoe Join Date: Jun 2007 Location: cincinnati, OH iTrader: (4)	6500 will be the breaking point, next point will 4000. Feb unemployment rates comes out tomorrow looks for close to 680k job loss and unemployment rate to be around 7.9 u-3 scale look for u-6 to be close to 14percent __________________ EUROPROJEKTZ Midwest Member 08 335i Jet Black \| too much to name....
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03-05-2009, 03:03 PM	#203
MJC///M3 Colonel 89 Rep 2,323 Posts Drives: 09 SSII E92 M3 Join Date: Aug 2008 Location: Bronx, NYC iTrader: (0)	getting close to 6600 boys......financials are getting ripped as usual... FAZ (ETF) is rippin' today.....could have made a nice lil profit going short financials.. __________________ "You will get there, but it is up to you and you alone. It is what you are willing to do, and how you are willing to get there. You must be relentless, you must be tireless, you must pursue at all costs, so that you are ready, when the time is right." -Dad
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03-05-2009, 03:08 PM	#204
MrHarris yodog 201 Rep 5,024 Posts Drives: '86 Corolla Join Date: Jun 2007 Location: Diamond Bar, Ca iTrader: (5) Garage List 2009 BMW [10.00]	Just look at SKF.. O_O __________________ 2009 E92 M3 \| Alpine White \| Black Extended \| Advan RS \| Turner Test Pipes \| Dinan Axle-Back \| OETuning \| Eibach Springs \| UUC SSK \| VRS Front Lip \| VRS Type I Diffuser \| Matte Black \| RPi Scoops \| MS Filter \| Yokohama AD08 \| F1 Pinnacle Special Thanks: Gintani \| OETuning \| eAs
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03-05-2009, 04:04 PM	#209
johnnymu Warranty Killer 126 Rep 1,014 Posts Drives: Nike shoe Join Date: Jun 2007 Location: cincinnati, OH iTrader: (4)	hahahaha, Citigroup, one of the larger company now a penny stock hahaha I just want to personally thank Obama a couple a days ago predicting stocks are a great buy right now. I hope all the buyers today didn't lose too much haha.. I can't wait to buy google when it's less than $100/share __________________ EUROPROJEKTZ Midwest Member 08 335i Jet Black \| too much to name....
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03-05-2009, 07:22 PM	#211
nnnnnnnnnnnnnnnnnnnnnn Lieutenant 112 Rep 465 Posts Drives: 1 Join Date: Jan 2008 Location: 2 iTrader: (0)	I think it would behoove GM to file chapter 11. They need to reorganize and restructure. Accepting more bailout money is just going to put off what needs to be done.
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03-05-2009, 10:00 PM	#212
johnnymu Warranty Killer 126 Rep 1,014 Posts Drives: Nike shoe Join Date: Jun 2007 Location: cincinnati, OH iTrader: (4)	Looks like Future and Asia is sea of red again. With expected poor Job report and uncertainty of our financial sector, I expect Market to end the week on a down note, of course unless Obama comes out and blame China for everything. __________________ EUROPROJEKTZ Midwest Member 08 335i Jet Black \| too much to name....
	Appreciate 0 Quote

03-05-2009, 11:06 PM	#213
johnnymu Warranty Killer 126 Rep 1,014 Posts Drives: Nike shoe Join Date: Jun 2007 Location: cincinnati, OH iTrader: (4)	here's a graph I found, it shows the Dow support level and as you can see from 6000 there's a huge drop to 4000, watch for a huge breakdown soon. __________________ EUROPROJEKTZ Midwest Member 08 335i Jet Black \| too much to name....
	Appreciate 0 Quote

03-06-2009, 12:32 AM	#214
MJC///M3 Colonel 89 Rep 2,323 Posts Drives: 09 SSII E92 M3 Join Date: Aug 2008 Location: Bronx, NYC iTrader: (0)	interesting graph....the deviation is larger to 4000 b/c the vertical axis appears to be a logarithmic scale correct? Relatively speaking....its still def a big support...we cross that........bye bye.... I personally think the S&P is a better indication of the market, granted it encompasses 500 companies.....its a value weighted index as opposed to price-weighted such as the DOW (one of the main criticisms of the DOW acting as a leading indicator)....take a look at some graphs on the S&P ....scary stuff if you look at support levels. __________________ "You will get there, but it is up to you and you alone. It is what you are willing to do, and how you are willing to get there. You must be relentless, you must be tireless, you must pursue at all costs, so that you are ready, when the time is right." -Dad
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03-06-2009, 10:07 PM	#215
johnnymu Warranty Killer 126 Rep 1,014 Posts Drives: Nike shoe Join Date: Jun 2007 Location: cincinnati, OH iTrader: (4)	check this chart out captured from this site http://www.smartmoney.com/Investing/...sion/?cid=1034 __________________ EUROPROJEKTZ Midwest Member 08 335i Jet Black \| too much to name....
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03-13-2009, 10:24 AM	#216
BMW_TT Colonel 236 Rep 2,547 Posts Drives: E92 335i Join Date: Aug 2007 Location: Dallas, TX iTrader: (4)	If you guys missed this http://tv.yahoo.com/blog/stewart-vs-...-take-all--183
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10-26-2009, 01:40 PM	#217
ejazbmw blahhh 313 Rep 6,355 Posts Drives: 2014 M235I Join Date: Apr 2007 Location: NJ/NY iTrader: (7)	Stock market advice Now I'm not asking for any of your secretsto tips but I never bought stocks or anything before. I just want to know how does one buy stocks? do i need a stock broker or something or can i use a online site? I already have a list of companies that i want to invest in, and I read about the companies history so I feel like I did my homework well enough. I'm just really interested in this. I'm going to take a investment class next semester so it should answer a lot of my questions but for the mean time i thought some of you guys can help me out. If you guys are using any websites which ones are you using because there a lot out there. thanks in advance
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10-26-2009, 01:44 PM	#218
InsaneSkippy Lieutenant Colonel 81 Rep 1,597 Posts Drives: 135i Join Date: Jul 2007 Location: Florida iTrader: (1)	1.) You can trade through an broker or trade online (or both) 2.) There's a LOT more to it than just company history. You need to know what kind of working capital the company has, what their debt is like, etc. 3.) The best thing you could do is create an account with fake money and gauge how well you do over the first few months. That way if the stocks go down you're not out anything. __________________
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10-26-2009, 01:47 PM	#220
pdjafari Colonel 172 Rep 2,509 Posts Drives: G80 M3C Join Date: Oct 2007 Location: Earth iTrader: (5)	financial advice on a car forum, not a good idea IMHO
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