Who's buying stock today?

[UA_Iron]

Everything is bargain priced.

Time to up my 401k percentage.

Or all of you bitches too emotional about the recent shit the market took?

 

[needtogetarmy]

Forward earnings are looking crappier and crappier every day. Throw in the huge (and I see HUGE) tax increases in the 2010 budget, many of which will hit businesses hard, and things could get worse. Taxes are going to have to go up in the long run anyway. The fed is paying approximately $400 billion per year on interest alone (and that is last years number based on approximately $8 trillion in debt). The federal debt level could hit $14 trillion easily this year. Some projections I have seen show it will be close to $20 trillion if Obama gets his wishes. Consequently, the annual interest payments that government may need to pay, each year, will be approximately $1 trillion. Looking at net government tax revenues from the CBO, tax revenues this year could easily fall below $2 trillion. If the economy doesn't pull up and government tax revenues drop, or stay stable near $2 trillion dollars, we could see 50% of every tax dollar being paid by all of us going only towards paying interest. The bubble known as the US is going to pop. You will see capital flee this country like never before.

On another note, I do agree there are some great deals out there but fundamentals don't mean a thing when investor sentiment points in the other direction. Plus the fundamentals can, and I fear, will get worse. Sentiment drives the stock market, fundamentals come second.

 

[needtogetarmy]

Forward earnings are looking crappier and crappier every day. Throw in the huge (and I see HUGE) tax increases in the 2010 budget, many of which will hit businesses hard, and things could get worse. Taxes are going to have to go up in the long run anyway. The fed is paying approximately $400 billion per year on interest alone (and that is last years number based on approximately $8 trillion in debt). The federal debt level could hit $14 trillion easily this year. Some projections I have seen show it will be close to $20 trillion if Obama gets his wishes. Consequently, the annual interest payments that government may need to pay, each year, will be approximately $1 trillion. Looking at net government tax revenues from the CBO, tax revenues this year could easily fall below $2 trillion. If the economy doesn't pull up and government tax revenues drop, or stay stable near $2 trillion dollars, we could see 50% of every tax dollar being paid by all of us going only towards paying interest. The bubble known as the US is going to pop. You will see capital flee this country like never before.

On another note, I do agree there are some great deals out there but fundamentals don't mean a thing when investor sentiment points in the other direction. Plus the fundamentals can, and I fear, will get worse. Sentiment drives the stock market, fundamentals come second.

 

[digimon7068]

ivv and jkd

 

[ortiz34]

Etrade

 

[chewyxrage]

whatchu buyin?

 

[b0und]

I only trade cfd's.

I'd go short on most right now. Long on gold at less than 850, maybe.
















b0und (go short)

 

[jackangel]

Soon, perhaps. There are those who are looking for the high-volume washout, the capitulation move, to signal an intermediate-term bottom. Whore that she is, the market doesn't often give niggas what they are looking for. It's tempting to ask the question: "What catalyst will spark a move upward?" What is a good reason to buy? Things are cheap relative to one year ago, but other than that... The price of something is usually easy to determine, but the value is another matter. Individual shorts could do well, but shorting the broader market becomes riskier as we grind lower. That dog won't hunt forever. Consensus, from what little I read, is that gold is short-term bearish, long-term bullish.

 

[UA_Iron]

My purchase today went up 20% today

 

[75th]

I always rebalance my account after days like yesterday. I havent added any new money (outside my 401k and ESPP) in about 2 months.

And thats really only cause Im paying for a bunch of trips this year.

 

[Razorguns]

You buy on the stock market if

1) YOU'R EDUCATED AND KNOW WHAT YOU'RE DOING.
2) You have information on why you'l make money rather than ("hunches", "cnn articles", "trends", "graphs", "fancy algorithms/software")

People who fail on both accounts - are the retards who lose all teir money, or to morons like Madoff. I don't feel sorry for fools and their money. Stupid and Greedy rarely fit well together. Make money actively, not passively. Now if you have some privy intelligent information you would like to share with us -- please do

r

 

[digimon7068]

You buy on the stock market if

1) YOU'R EDUCATED AND KNOW WHAT YOU'RE DOING.
2) You have information on why you'l make money rather than ("hunches", "cnn articles", "trends", "graphs", "fancy algorithms/software")

People who fail on both accounts - are the retards who lose all teir money, or to morons like Madoff. I don't feel sorry for fools and their money. Stupid and Greedy rarely fit well together. Make money actively, not passively. Now if you have some privy intelligent information you would like to share with us -- please do

r

i firmly believe that the s&p 500 and morningstar indexes will outpace the "bank" over the next 20 years of my life. . .and the stuff is relatively "cheap" right now. . .is it a gamble?? meh. . .if i'm wrong. . .and the top 500 companies go out of business. . .i don't think my money is safe in the bank, gold, commodities, what-have-you, either. . .in that scenario, i suppose the only thing that it would make sense to buy more of is bullets. . .and i already have enough of those to eat with for a while. . .beyond that, is anyone secure?? doubtful. . .