Stock market tips and experiences

Los Angeles · 02-08-2009, 09:54 PM

"President Barack Obama plunges into a difficult test of his leadership this week, struggling to get a divided Congress to agree on his economic recovery package while pitching a new plan to ease loans to consumers and businesses."

johnnymu · 02-08-2009, 10:02 PM

Quote:

Originally Posted by Los Angeles

I'm gonna laugh my ass off if the Dow drops -250+ tomorrow.

-250 is a norm nowaday

if this guy is accurate we are talking near -500
it looks like many events could cause such an effect this week

Geither is giving a speech asking for the following on Tuesday:
* 770 billion TARP
* 900 billion Stimulus Package
* 1.3 trillion Bank Bailout

Fall of Lehman Brothers

GE looks like it's losing it's AAA rating and might get downgraded by J.P Morgan

BOA and Citigroup will fail.

Who knows so many things going bad these days, if I was still in the market I would definitely be shorting.

nusevad · 02-08-2009, 10:05 PM

Im going to short, Citi, BOA, UBS, MBIA, AMBAC...

BMW_TT · 02-08-2009, 10:45 PM

I might ride on BOA once it goes back down.

GE has been sitting low for awhile now.

Couch · 02-09-2009, 12:06 PM

Obama is making a huge mistake trying to pass this stimulus bill as fast as he wants to.

sparkyg · 02-09-2009, 12:19 PM

Quote:

Originally Posted by Couch

Obama is making a huge mistake trying to pass this stimulus bill as fast as he wants to.

Could say the same thing last fall about TARP

Los Angeles · 02-09-2009, 01:41 PM

The Dow is currently at -29.31 -0.35%

(10:40am PST)

nnnnnnnnnnnnnnnnnnnnnn · 02-09-2009, 04:10 PM

*waiting for the end of the world*

nope.

Los Angeles · 02-10-2009, 01:11 PM

As of 10:09am PST the Dow is 7,967.09 -303.78 -3.67%

Los Angeles · 02-10-2009, 01:24 PM

And the Dow is still plunging...

Was Reinhardt onto something?

MJC///M3 · 02-10-2009, 01:30 PM

down 350

BMW_TT · 02-10-2009, 02:17 PM

I was off a day on my prediction. I thought it would drop yesterday.

krote345 · 02-10-2009, 02:37 PM

Still falling. Maybe this guy's advice is worth some consideration.

Los Angeles · 02-10-2009, 02:38 PM

Quote:

Originally Posted by krote345

Still falling. Maybe this guy's advice is worth some consideration.

See!!

And every1 was so quick to write him off.

"thread closed" ha!

krote345 · 02-10-2009, 02:50 PM

Quote:

Originally Posted by ferrari355fi

*waiting for the end of the world*

nope.

Quote:

Originally Posted by limited_slip

close thread. waste of bandwidth

Ha, the price is wrong, bitch!

johnnymu · 02-10-2009, 03:14 PM

I guess it wasn't perfect prediction but if Geithner had made his announcement yesterday I bet there would be a little more credibility. Anyways, going back to his prediction he said 2/9 and 2/15 so lets see what happens from now till then. Some on other sites are saying Dow under 7000. If you guys want to know about reinhardt just google search him, he's quite popular. I don't believe in hocuspocus but i do believe he has inside information. Either way I just find the topic more refreshing than threads such as 'what porno site is best?' or 'how to get a girlfriend?" So if you don't enjoy the topic you can just skip the thread please.

BMW_TT · 02-10-2009, 03:47 PM

I'll Google him up later tonight.

So he's saying the market will drop on the 15th as well? I'll hold off on buying anything until then.

BMW_TT · 02-10-2009, 04:09 PM

I couldn't find a good read about him. Do you have any direct links?

johnnymu · 02-10-2009, 04:17 PM

you can start here but you have to make an account.
www.wiredpirate.com

BMW_TT · 02-10-2009, 04:24 PM

Will do. Pretty interesting stuff.

UltimateBMW · 02-10-2009, 06:05 PM

Maybe this time it will stay below 8k.

nnnnnnnnnnnnnnnnnnnnnn · 02-10-2009, 06:13 PM

Quote:

Originally Posted by krote345

Ha, the price is wrong, bitch!

what do you mean? He was wrong. 22 is over in blackjack. I can't tell the dealer that it is close enough to 21, so I win.

02-08-2009, 09:54 PM	#111
Los Angeles Steve Forte Rio 153 Rep 2,392 Posts Drives: 08' 328i Join Date: Aug 2007 Location: 90036 iTrader: (0)	"President Barack Obama plunges into a difficult test of his leadership this week, struggling to get a divided Congress to agree on his economic recovery package while pitching a new plan to ease loans to consumers and businesses."
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02-08-2009, 10:05 PM	#113
nusevad O! So Sour!! 556 Rep 15,612 Posts Drives: Fast 240z / Slow M3 Join Date: Apr 2007 Location: 'Merica! iTrader: (24) Garage List 1971 Datsun 240z [0.00] 2008 M3 [9.60]	Im going to short, Citi, BOA, UBS, MBIA, AMBAC... __________________
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02-08-2009, 10:45 PM	#114
BMW_TT Colonel 236 Rep 2,547 Posts Drives: E92 335i Join Date: Aug 2007 Location: Dallas, TX iTrader: (4)	I might ride on BOA once it goes back down. GE has been sitting low for awhile now.
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02-09-2009, 12:06 PM	#115
Couch Colonel 146 Rep 2,900 Posts Drives: E92 335i Join Date: Jan 2007 Location: Houston iTrader: (0) Garage List 2007 E92 335i [0.00]	Obama is making a huge mistake trying to pass this stimulus bill as fast as he wants to.
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02-09-2009, 01:41 PM	#117
Los Angeles Steve Forte Rio 153 Rep 2,392 Posts Drives: 08' 328i Join Date: Aug 2007 Location: 90036 iTrader: (0)	The Dow is currently at -29.31 -0.35% (10:40am PST)
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02-09-2009, 04:10 PM	#118
nnnnnnnnnnnnnnnnnnnnnn Lieutenant 112 Rep 465 Posts Drives: 1 Join Date: Jan 2008 Location: 2 iTrader: (0)	waiting for the end of the world nope.
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02-10-2009, 01:11 PM	#119
Los Angeles Steve Forte Rio 153 Rep 2,392 Posts Drives: 08' 328i Join Date: Aug 2007 Location: 90036 iTrader: (0)	As of 10:09am PST the Dow is 7,967.09 -303.78 -3.67%
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02-10-2009, 01:24 PM	#120
Los Angeles Steve Forte Rio 153 Rep 2,392 Posts Drives: 08' 328i Join Date: Aug 2007 Location: 90036 iTrader: (0)	And the Dow is still plunging... Was Reinhardt onto something?
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02-10-2009, 01:30 PM	#121
MJC///M3 Colonel 89 Rep 2,323 Posts Drives: 09 SSII E92 M3 Join Date: Aug 2008 Location: Bronx, NYC iTrader: (0)	down 350 __________________ "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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02-10-2009, 02:17 PM	#122
BMW_TT Colonel 236 Rep 2,547 Posts Drives: E92 335i Join Date: Aug 2007 Location: Dallas, TX iTrader: (4)	I was off a day on my prediction. I thought it would drop yesterday.
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02-10-2009, 02:37 PM	#123
krote345 Second Lieutenant 30 Rep 230 Posts Drives: '08 e90 328i Join Date: Feb 2008 Location: Northern NJ iTrader: (0) Garage List 2008 E90 [0.00]	Still falling. Maybe this guy's advice is worth some consideration. __________________ Jet Black, 6MT, CW Pkg, PS, iPod, Style 189 Wheels
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02-10-2009, 03:14 PM	#126
johnnymu Warranty Killer 126 Rep 1,014 Posts Drives: Nike shoe Join Date: Jun 2007 Location: cincinnati, OH iTrader: (4)	I guess it wasn't perfect prediction but if Geithner had made his announcement yesterday I bet there would be a little more credibility. Anyways, going back to his prediction he said 2/9 and 2/15 so lets see what happens from now till then. Some on other sites are saying Dow under 7000. If you guys want to know about reinhardt just google search him, he's quite popular. I don't believe in hocuspocus but i do believe he has inside information. Either way I just find the topic more refreshing than threads such as 'what porno site is best?' or 'how to get a girlfriend?" So if you don't enjoy the topic you can just skip the thread please. __________________ EUROPROJEKTZ Midwest Member 08 335i Jet Black \| too much to name....
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02-10-2009, 03:47 PM	#127
BMW_TT Colonel 236 Rep 2,547 Posts Drives: E92 335i Join Date: Aug 2007 Location: Dallas, TX iTrader: (4)	I'll Google him up later tonight. So he's saying the market will drop on the 15th as well? I'll hold off on buying anything until then.
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02-10-2009, 04:09 PM	#128
BMW_TT Colonel 236 Rep 2,547 Posts Drives: E92 335i Join Date: Aug 2007 Location: Dallas, TX iTrader: (4)	I couldn't find a good read about him. Do you have any direct links?
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02-10-2009, 04:17 PM	#129
johnnymu Warranty Killer 126 Rep 1,014 Posts Drives: Nike shoe Join Date: Jun 2007 Location: cincinnati, OH iTrader: (4)	you can start here but you have to make an account. www.wiredpirate.com __________________ EUROPROJEKTZ Midwest Member 08 335i Jet Black \| too much to name....
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02-10-2009, 04:24 PM	#130
BMW_TT Colonel 236 Rep 2,547 Posts Drives: E92 335i Join Date: Aug 2007 Location: Dallas, TX iTrader: (4)	Will do. Pretty interesting stuff.
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02-10-2009, 06:05 PM	#131
UltimateBMW Brigadier General 423 Rep 3,287 Posts Drives: MP4 Join Date: Dec 2006 Location: South iTrader: (0)	Maybe this time it will stay below 8k. __________________
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