google there stock never stops going up.
Except for when it is going down. It was over $700/share, but right now it’s $492.83/share.
oil paid off big in the most recent quarter.
what kind of position change are you looking for?
should I buy EWZ now? back up the truck or wait longer? Brazil looks broke in the short term.
What about Google China? They have been growing exponentially even since they started.
Edit- I might have heard that they are absorbing “Bundi” (I may be wrong on the name) but it is the largest search engine in China.
No haven’t heard that. Isn’t that just Google? People call ‘‘Baidu’’ the chinese google, which has had big run ups and downs in the last year.
Google buying Baidu? That’s pretty big news to me… Google looks good now,(whether your rumor is true or not) if you can hold it for couple years:)
My bad…:o
I woke up this morning and the 1st thing in my head was:
Baidu is the ‘‘Chinese Ebay’’… and of coarse china won’t have regular google because they are china.
I apologize… hope nobody lost money:o
I’m going to buy DVY (DOW JONES select dividend stocks) and play it safe today.
Good luck. The stock market is going to continue to tank. At least the price of goods will go down at the store as businesses compete for the lower amount of spending. Once inventory is cleared and many businesses have been toppled, prices will skyrocket and we’ll have an inflationary depression.
But, if you’re still up for putting your soon to be worthless cash into the stock market, then you may want to get XLP. People will always needs staples.
I’m a tough bull. Today I shorted a short stock fund(SMN)when I saw the Dow was down nearly 800. made money… if only to cut my portfolio loses.
There are lots of other short funds SDP,QID,FXP,PSQ. Market goes down these stocks go up. Shall we invest in these for the long term? I don’t usually like to hold these for more than 24 hours; playing the extreme swings up or down. But mostly down lately.
Day trading is fun again.
Gold
Buy gold related stock and get out at the first sign of a recovery
So you made some money from the plunge protection team. When the Dow was down 800 I was expecting to see the S&P keep going down below 1000.
This is not the market to be a Bull!
Up to up til Sept 12th I was up very VERY nicely on the year ( best yr ever) but my primary trades are on stocks where the company is based in China. I have used their growth to my advantage, a nice swing play stock has been EDU following their chart and buying dips and shorting when it goes above 70 http://finance.yahoo.com/echarts?s=EDU#symbol=EDU;range=3m
I also played SOL I got in for 2000 shares shortly after the IPO and rode them up to $24 and change and then shorted them at $26 cause they gained far to much too fast and needed to correct, but since I see the need for solar I bought back in a little to much to soon at $12 and change just to have it drop to $8.00 OUCH
On the days with huge downward numbers ( like today) I will buy QLD about an hour and fifteen minutes before the close and ride the volitility train as it recovers a bit and sell in last 15 minutes of trading, BUT BE VERY CAREFUL WITH THIS ONE, in case the market picks up sellers going into the close and never do it on fridays.
As of today I am still up very well but all it takes is one big bad move to spank you back to reality.
The best thing I would say is get a subscription to IBD-Investors Business Daily http://www.investors.com/
Plus as a purely speculative play to hold for a while I bought AIG at 2.78 its not a big enough holding to hurt me but I believe they will pay off their loan and recover in the long term
Hey Daytripper, I hope you took your profits in AMTD.
I’m buyin’ chesapeake energy and PBR from brazil:p:p I’m crazy!!
I think Brazil was in a bubble, and will only fall more.
No AMTD in my bag, and be careful trying to catch a faling knife with PBR, may have opportunitythere or are you looking at short term entry and exits? If you are trading short term BEWARE of the TAX implications. Any stock you buy and do not hold for one year before selling you will have to pay capital gains tax, which is approx 50 Percent of the profit where as if you buy and hold for one year or more you get taxed at your reg tax. Right now I would be looking at a QLD bounce for a short term gain and I have my eye on EXM & PFE for a long term gain