A question to the financial gurus on EF

[javaguru]

MSFT's problem is where will they get growth from?? The own the market for OS's and that can only be eaten up by Apple, linux etc. They really are a one trick pony and you have Google out there who is putting together the pieces for it's own OS. Will that work out?? Who knows.

It's the best buy I can recommend..they have a track record of pwnage. Do you want me to recommend government bonds and money markets? They have been the traditional safe havens and I won't recommend metals...wtf? That market is tapped out...

 

[the_alcatraz]

Cost averaging is death to a day trader. If you don't know technicals your dead as well.

Day trading is not for the newbies.

I'm def. a noob when it comes to this....

 

[chewyxrage]

Bro the company I work for grew 1.1 billion dollars this year. Still if a few companies are making money, it doesnt mean the economy is doing well.

I wasn't bragging about making it to a 25 mill company, just giving you a small example that not all business in the USA is fucked.

But, you also overlooked my point - the dollar is getting stronger, making the value of gold lower.....

 

[Razorguns]

Global business!
not american products from stupid fat americans kids
Certainly not the banks HA! the goverment stuped you into paying for the welfare system and schoolingfor the walmart cattle of america HA!!!


My shit tastes like Ben N Jerrys HA!


r

Yeah what he said. Chocolate Chip Mint FTW

r

 

[Creepusmaximus]

If you have 6-12 months I would look into a 2X S&P etf.

Check out ticker RSU.

I'm looking for the DOW to bottom at about 9200 right now.

If I had to buy right now I would buy vice.

Cheap Booze and cigarettes. Toilet paper and cheap clothes aren't a bad bet either.

I would say corporate bonds are where to be at the moment but you need to know what your doing there. Look at GE.

 

[Creepusmaximus]

Bro the company I work for grew 1.1 billion dollars this year. Still if a few companies are making money, it doesnt mean the economy is doing well.

If your making money a bad economy only means you can get better deals on big ticket items. Cars etc. Why does it really matter to you what the economy does if your company is doing fine??

 

[Creepusmaximus]

It's the best buy I can recommend..they have a track record of pwnage. Do you want me to recommend government bonds and money markets? They have been the traditional safe havens and I won't recommend metals...wtf? That market is tapped out...

Here's two good stocks that are way cheap. GLW and OC. Buy them and then write out of the money call options every month to make money while you wait. I also really like RIG but the hedge funds are being hit with redemptions so they are selling winners to cover the redemptions. There is panic out there among the retirees. They are pulling ,money out of funds and spreading it over mutliple banks because FDIC only covers 100K.

 

[the_alcatraz]

I wasn't bragging about making it to a 25 mill company, just giving you a small example that not all business in the USA is fucked.

But, you also overlooked my point - the dollar is getting stronger, making the value of gold lower.....

I see...but wasnt gold's value increasing up until recently?

 

[the_alcatraz]

If your making money a bad economy only means you can get better deals on big ticket items. Cars etc. Why does it really matter to you what the economy does if your company is doing fine??

because i want to try out some investment options....

plus i just started my job at this company.

 

[Creepusmaximus]

because i want to try out some investment options....

plus i just started my job at this company.

Even the pro's are twitchy, now is not the time to get involved. You need to have a specific group that you know and know how to trade. I have a trading buddy who only uses options and her favorite thing is bottom fishing. She really knows how to pick crap stocks that have no choice but to go up. My thing is shorting and I'm very good at it. I look for way over valued companies who have everything pointing to a huge drop. You put the two of us together and we always have a trade. You have to have to be very specific to make money in the short term on stocks. I traded AMR short all the way down from $38 a share. I knew that was going in the crapper from oil prices and I worked it down. The beauty there was even if I shorted on the day it went up for some reason it was headed down no matter what in the long term. I'm completely out of the airlines because there simply is no long term trend to back me up. Right now the market has no long term trend at all. I would say down but a huge rally could happen and crush you in the short term.