So, another pull back today? | TigerDroppings.com

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fishfighter
LSU Fan
Baton Rouge
Member since Apr 2008
18982 posts

So, another pull back today?



It looks like more of a down side today in the markets. How far will it go? Me, an easy 1%.






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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
2043 posts

re: So, another pull back today?


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.





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Lsut81
USA Fan
Member since Jun 2005
64950 posts

re: So, another pull back today?


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.






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jimbeam
USA Fan
University of LSU
Member since Oct 2011
32201 posts
 Online 

re: So, another pull back today?


I really want a big drop so I can make my first investments!





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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
2043 posts

re: So, another pull back today?


I mean look, neither you nor i can pick the bottom, the media is a pain in the ass, 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"



This post was edited on 6/24 at 6:56 am


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gatorsimz
Florida Fan
cafe risque
Member since Feb 2009
5449 posts
 Online 

re: So, another pull back today?


quote:

I really want a big drop so I can make my first investments!


you could dollar cost average into the market






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ItNeverRains
LSU Fan
Franklin, TN
Member since Oct 2007
6580 posts

re: So, another pull back today?


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






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jimbeam
USA Fan
University of LSU
Member since Oct 2011
32201 posts
 Online 

re: So, another pull back today?


yea I saw PM is down pretty hard from it's top. might look into that





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mach316
LSU Fan
Jonesboro, AR
Member since Jul 2012
1786 posts

re: So, another pull back today?


Been waitin on this for months!





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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
2043 posts

re: So, another pull back today?


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






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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
16028 posts

re: So, another pull back today?


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.





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fishfighter
LSU Fan
Baton Rouge
Member since Apr 2008
18982 posts

re: So, another pull back today?


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 at 8:44 am


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Blakely Bimbo
Alabama Fan
Member since Dec 2010
1108 posts

re: So, another pull back today?


So...None of ya'll are concerned about the pace of the interest rates rise?








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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
82852 posts
 Online 

re: So, another pull back today?


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.







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fishfighter
LSU Fan
Baton Rouge
Member since Apr 2008
18982 posts

re: So, another pull back today?


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.





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fishfighter
LSU Fan
Baton Rouge
Member since Apr 2008
18982 posts

re: So, another pull back today?


Sold @ 23.83

Not a bad day at all.






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Zilla
LSU Fan
Friendswood, TX
Member since Jul 2005
9986 posts

re: So, another pull back today?


quote:

Oh, looking at GG again. Looking for it to drop below 23.23.


good call, traded it today for 3.5% gain!






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fishfighter
LSU Fan
Baton Rouge
Member since Apr 2008
18982 posts

re: So, another pull back today?


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.






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oldtimefootball
LSU Fan
Winnfield La
Member since Feb 2013
104 posts

re: So, another pull back today?


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?






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
82852 posts
 Online 

re: So, another pull back today?


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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