Stock Market Guru's

[gotmilk]

Margin is perfectly good. Why bother risking your money when you can risk someone else's?

The most prudent thing to do is to use very tight stops. It saves me every time.

Because if you receive a margin call, they liquidate your other holdings. Why take the risk? Buy, sell, make money. move on to the next stock

 

[Big Rick Rock]

Dow Plunges 277...


Jim Cramer blames it on the FED.

 

[gotmilk]

Citibank laying off 20000 peeps is what killed the market today

 

[Big Rick Rock]

Citibank laying off 20000 peeps is what killed the market today

I thought that injection of money they got was to prevent just this.

 

[Cutiebaby]

Well I am not at all into stocks, But what I do know is that typically we have a few times where they drop a semi large amount yet bounce right back...This time it looks as though nothing is going to bounce right back for time to come. I say if you are getting slammed more and more and losing out more than normal, run.

 

[Raptorex]

Well I am not at all into stocks, But what I do know is that typically we have a few times where they drop a semi large amount yet bounce right back...This time it looks as though nothing is going to bounce right back for time to come. I say if you are getting slammed more and more and losing out more than normal, run.

thanks, sometimes a practical (non-technical) view can be a pretty good approach.

 

[Cutiebaby]

thanks, sometimes a practical (non-technical) view can be a pretty good approach.

yeah that is why I added my input. I do know that there are many out there who have pulled out when they thought they would lose, but there are also the other percentage who haven't and lost all too much. Personally I would pull out on a few select ones at the moment.My dad in law is all up into stock crap, all he keeps saying is gold, go for the gold. LOL

 

[75th]

Buy more. Everything is on sale.

For every growth period of 10 years, there is always a recession that has averaged 8 months over the past 50 years.

Things will probably continue declining in most areas (especially mid and small cap as most people move their money out of riskier stocks into large cap) but itll be over soon. If youre that worried, just increase your stake in fixed income. Fixed actually outperformed the S&P by a good margin in '07.

 

[75th]

yeah that is why I added my input. I do know that there are many out there who have pulled out when they thought they would lose, but there are also the other percentage who haven't and lost all too much. Personally I would pull out on a few select ones at the moment.My dad in law is all up into stock crap, all he keeps saying is gold, go for the gold. LOL

Dont run. You dont make money buying high and selling low. You make money by staying the course, as long as you are properly diversified.

 

[Raptorex]

Whats your take on EMC?