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Started By
Message
re: Dow Jones down
Posted on 10/15/14 at 2:28 pm to Teddy Ruxpin
Posted on 10/15/14 at 2:28 pm to Teddy Ruxpin
quote:I think 6 months from now there are going to be a lot of people kicking themselves that they didn't buy BAC where it is today.
Ditto. Last couple days.
I'll keep buying all the way dowwwwwn
Full disclosure: I bought 6,000 more shares of BAC today.
4
Posted on 10/15/14 at 2:30 pm to TheIndulger
FI and LNG both having good days too
Posted on 10/15/14 at 2:42 pm to LSURussian
I'm young, but from my experience most of these "corrections" or "downturns" start steam rolling in September and October, is there a reason this occurs or just coincidence?
Posted on 10/15/14 at 2:53 pm to Golfer
quote:I've read a lot of theories about that.
I'm young, but from my experience most of these "corrections" or "downturns" start steam rolling in September and October, is there a reason this occurs or just coincidence?
One of them, and it's no more and no less credible than any of the other theories, is estimated taxes are due on 9/15 and tax filing extensions are due on 10/15 of each year. So the 'wealthier' taxpayers who pay estimated taxes and file for tax extensions who may have more taxes due on 9/15 & 10/15 have to raise some cash to pay their taxes so they sell stocks to raise the cash.
That's my story and I'm s....s...s....stickin' to it!
Posted on 10/15/14 at 2:53 pm to TheIndulger
People still use the Dow30 as a market proxy?
Posted on 10/15/14 at 2:56 pm to RemouladeSawce
quote:Not really. Why do you ask?
People still use the Dow30 as a market proxy?
Posted on 10/15/14 at 3:01 pm to RemouladeSawce
quote:
People still use the Dow30 as a market proxy?
There's always gotta be this guy, huh?
Posted on 10/15/14 at 3:19 pm to LSURussian
quote:After the bell today Morning Star raised its "Fair Value Estimate" for BAC from $16 to $18/share.
I think 6 months from now there are going to be a lot of people kicking themselves that they didn't buy BAC where it is today.
Full disclosure: I bought 6,000 more shares of BAC today.
This post was edited on 10/15/14 at 3:21 pm
Posted on 10/15/14 at 3:25 pm to LSURussian
This correction helps me in the MB market guess rankings!!! 
Posted on 10/15/14 at 10:32 pm to LSUShock
Shock - take a look at BP. $40 today. It will head back to 50. And a good dividend (5.7%)
This post was edited on 10/15/14 at 10:39 pm
Posted on 10/16/14 at 7:31 am to matthew25
quote:But it could be 35 or lower before that happens...
Shock - take a look at BP. $40 today. It will head back to 50. And a good dividend (5.7%)
Posted on 10/17/14 at 7:02 am to LSURussian
BAC back up to $16.30 this morning in pre-market trading, 5%+ over its $15.50 price 2 days ago.
This post was edited on 10/17/14 at 7:04 am
Posted on 10/17/14 at 7:19 am to LSURussian
I bought RES yesterday at $15.84. I hope it follows through.
Posted on 10/17/14 at 7:49 am to Janky
RES is up over a dollar/share in pre-market trading.
Posted on 10/17/14 at 8:35 am to LSURussian
Yep. Now I am trying to decide if I want to put a stop behind it.
My GILD buy looks to be paying off as well.
My GILD buy looks to be paying off as well.
This post was edited on 10/17/14 at 8:37 am
Posted on 11/3/14 at 12:55 pm to LSURussian
quote:
I think 6 months from now there are going to be a lot of people kicking themselves that they didn't buy BAC where it is today.
It didn't take 6 months, only two weeks and 4 days.
BAC was $15.55 when I posted the above quote. It hit $17.35 this morning, or a gain of almost 12% since I posted it.
Posted on 11/3/14 at 1:16 pm to LSURussian
I seent it :(
Posted on 11/3/14 at 1:36 pm to LSURussian
I bought WFC, IJH, & IJR on the 16th
up about 10% on all
(knocks on wood)
up about 10% on all
(knocks on wood)
Posted on 11/3/14 at 1:41 pm to Ole War Skule
quote:
I bought WFC, IJH, & IJR on the 16th
up about 10% on all
I'll never understand why investors get so spooked when stock prices decline.
Posted on 11/3/14 at 1:54 pm to LSURussian
quote:
I'll never understand why investors get so spooked when stock prices decline.
I get spooked when they go up
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