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Started By
Message
So, another pull back today?
Posted on 6/24/13 at 5:34 am
Posted on 6/24/13 at 5:34 am
It looks like more of a down side today in the markets. How far will it go? Me, an easy 1%. 
2
Posted on 6/24/13 at 6:38 am to fishfighter
It's pretty ugly down 122 now premarket but this is buying day, Im not scared of lots of near retirees and others who are panicking and selling. Im gonna have the ability to add great companies at great prices today thanks to their fear.
Posted on 6/24/13 at 6:42 am to ThaBigFella
quote:
It's pretty ugly down 122 now premarket but this is buying day,
I'm still sitting on the side... I'm in no hurry.
Watched a lot of the financial shows over the weekend and tons were suggesting taking gains on Monday and waiting it out. We shall see if that actually happens or not. I wonder if people are really going to take that approach.
Posted on 6/24/13 at 6:42 am to ThaBigFella
I really want a big drop so I can make my first investments! 
Posted on 6/24/13 at 6:54 am to jimbeam
I mean look, neither you nor i can pick the bottom, the media is a pain in the arse, one minute they say the end is near, just now i read CNN and they have no bs a picture of a rainbow and say 2014 is going to be the year of the economy
LINK
You might catch the bottom you might not, in april I saw apple at $390 and told myself it was a buy based on its valuation, but I waited foolishly and it took off to $460 within a few days. I know now if the valuation looks good, buy it.
JimBeam, some big names are down 10% in the last month or so, that IS a big drop. Just remember," Its better to be a great company at a good price than a good company at a Great price"
LINK
You might catch the bottom you might not, in april I saw apple at $390 and told myself it was a buy based on its valuation, but I waited foolishly and it took off to $460 within a few days. I know now if the valuation looks good, buy it.
JimBeam, some big names are down 10% in the last month or so, that IS a big drop. Just remember," Its better to be a great company at a good price than a good company at a Great price"
This post was edited on 6/24/13 at 6:56 am
Posted on 6/24/13 at 7:14 am to jimbeam
quote:
I really want a big drop so I can make my first investments!
you could dollar cost average into the market
Posted on 6/24/13 at 7:26 am to gatorsimz
I'm buying for roughly 30 more years, so a Friday and Monday in June of 2013 means borderline nothing.
Does suck for those on the fixed income
Does suck for those on the fixed income
Posted on 6/24/13 at 7:47 am to ThaBigFella
yea I saw PM is down pretty hard from it's top. might look into that
Posted on 6/24/13 at 7:55 am to fishfighter
Been waitin on this for months!
Posted on 6/24/13 at 8:00 am to mach316
I mean chinese stocks got hammered over night bc the bank of china warned them all to tighten up on the shady loans. Have you seen that piece on the ghost towns of china? There are gigantic cities built out that are empty, so this isn't really a big shock. I do still believe in the chinese growth story, you have to when they're growing by 80M people a year.
This is nothing more than a blip in the scope of things, its still buy time, enjoy the great prices
This is nothing more than a blip in the scope of things, its still buy time, enjoy the great prices
Posted on 6/24/13 at 8:21 am to ThaBigFella
For those waiting on the sidelines to make their "first investment". You need to drop that bad habit as soon as possible, this strategy will break your heart. Time is your friend, timing is your enemy.
Posted on 6/24/13 at 8:32 am to ThaBigFella
quote:
Im not scared of lots of near retirees and others who are panicking and selling.
I'm one of those retirees and no, I'm not scared. I just day trade.
Oh, looking at GG again. Looking for it to drop below 23.23.
This post was edited on 6/24/13 at 8:44 am
Posted on 6/24/13 at 9:10 am to fishfighter
So...None of ya'll are concerned about the pace of the interest rates rise?
Posted on 6/24/13 at 9:15 am to Blakely Bimbo
quote:
So...None of ya'll are concerned about the pace of the interest rates rise?
What's to be concerned about? Rates have been kept artificially low for too long, IMO.
Posted on 6/24/13 at 9:20 am to LSURussian
Well, I'm in for 1k shares of GG @23.21. Time for a up tick in the market. Looking for a sell price @ 23.77.
Looking for a sell price @ 23.77.Posted on 6/24/13 at 12:46 pm to fishfighter
Sold @ 23.83
Not a bad day at all.
Not a bad day at all.
Posted on 6/24/13 at 1:04 pm to fishfighter
quote:
Oh, looking at GG again. Looking for it to drop below 23.23.
good call, traded it today for 3.5% gain!
Posted on 6/24/13 at 2:51 pm to Zilla
quote:
good call, traded it today for 3.5% gain!
I been trading it for some time, but it is almost out of play for day trading. I will watch it a bit more though. I still see more of a drop for it in the very near future. A bottom of around 21.65 or so before it returns above the $25 range. That can change come July in there report.
Posted on 6/24/13 at 7:10 pm to LSURussian
LSU Russian, would you buy long-term municipal
bonds now in the 5% range (non-taxable), or wait
to see if rates are on the rise?
bonds now in the 5% range (non-taxable), or wait
to see if rates are on the rise?
Posted on 6/24/13 at 7:21 pm to oldtimefootball
quote:
LSU Russian, would you buy long-term municipal bonds now in the 5% range (non-taxable), or wait to see if rates are on the rise?
I'm the wrong person to ask about buying bonds. I've never bought a bond of any kind in my life. Sorry.
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