Any stock market junkie's here?

[TheReturn]

Just curious. I sit in my office all day watching CNBC on the flat screen.

[J431S]

No, i consider myself savvy stock picker, what's on your mind?

[suprman09]

i follow everyday...hopefully we hit 10,000 soon

[takedownII]

i just started actually....lost 600 dollars so needless to say don't ask me for advice

[Matt]

I watch cartoons all day....

[T_Own]

i just started actually....lost 600 dollars so needless to say don't ask me for advice

thats nothing lol.. my mom has a lot invested all over the place and is down about 800x that

[RuhlFreak55]

Just curious. I sit in my office all day watching CNBC on the flat screen.

lol.....during the week the channel on my TV very very rarely changes from CNBC.....only when obama**** the retard savior is on will i change it or mute....

wish i had alot of capital to throw in right now.....i'm to the point where i have to play with fake money maybe i can win CNBC's next million dollar portfolio challenge
college.......takes finances

[ni4ni]

its a shame one can't short the gov't/treasury, we'd all be making money w/ no-bama politics

[Hoggage_54]

I go to the tracks and bet on the ponies

[ni4ni]

lol.....during the week the channel on my TV very very rarely changes from CNBC.....only when obama**** the retard savior is on will i change it or mute....

wish i had alot of capital to throw in right now.....i'm to the point where i have to play with fake money maybe i can win CNBC's next million dollar portfolio challenge
college.......takes finances

RUHL, ever try margining to buy equities?

[JiGGaMaN]

i am a junkie thats into the stock market. bro.

[DSM4Life]

I just watch my money go away, yayyyyyy

[RuhlFreak55]

RUHL, ever try margining to buy equities?

DON'T DO THAT!!!!!! that leads to margin calls if you **** up lol......i may do that some day....but i'd have to have alot of capital sitting around and i'd also have to be damn near 100% sure my play would work.

[RuhlFreak55]

its a shame one can't short the gov't/treasury, we'd all be making money w/ no-bama politics

oh there are ways to play such a thing

[MotoXracer]

oh there are ways to play such a thing

TBT

http://finance.yahoo.com/q?d=t&s=TBT

[RuhlFreak55]

TBT

http://finance.yahoo.com/q?d=t&s=TBT

see...i knew it lol

[takedownII]

thats nothing lol.. my mom has a lot invested all over the place and is down about 800x that

lol...i guess i don't feel AS bad now

[jbm]

[jbm]

[Lightsout2184]

i cashed out almost 2 years ago..... thank god

[TheReturn]

Actually it is a good time to get in right now. To many people panic over the DOW number. That doesn't mean that everything is in the sh!tter.

I purchased a bunch of Ford stocks a while back at $1.50 p/share. It closed Friday at $5.00. At 6500 shares, that's a good chunk of change.

I purchased the following this week:
AIG at $1.30. Currently up
BAC (Bank of America) at $7.94. Currently up
C (Citi) at $2.95. Currently up
GM in the $1.40's. Currently up

[RuhlFreak55]

Actually it is a good time to get in right now. To many people panic over the DOW number. That doesn't mean that everything is in the sh!tter.

I purchased a bunch of Ford stocks a while back at $1.50 p/share. It closed Friday at $5.00. At 6500 shares, that's a good chunk of change.

I purchased the following this week:
AIG at $1.30. Currently up
BAC (Bank of America) at $7.94. Currently up
C (Citi) at $2.95. Currently up
GM in the $1.40's. Currently up

dunno why you bought GM.....they're dead......Ford however....HELLZ yes, i own some as well, the last real stock i have left I still refuse to touch bank stocks too.....too much gov't in there.

[DSM4Life]

[TheReturn]

.....only when obama**** the retard savior is on will i change it or mute....
(

Love him or hate him......You can use what he is doing to your advantage.

[ni4ni]

dunno why you bought GM.....they're dead......Ford however....HELLZ yes, i own some as well, the last real stock i have left I still refuse to touch bank stocks too.....too much gov't in there.

F is a buy w/out ?. GM, fuk that-stay away IMHO
day trade BAC, FITB,C- it brings in small amts but better than a lose

[TheReturn]

dunno why you bought GM.....they're dead......Ford however....HELLZ yes, i own some as well, the last real stock i have left I still refuse to touch bank stocks too.....too much gov't in there.

I bought GM for a short term hit. I do think they will file for bankruptcy in the near future. It was my 'gamble of the week'. I only bought 1000 shares. Figured if it hit $1.80 to $2.00, I would dump it. I believe it closed at $1.69 yesterday. I'm up about $200 right now. I may wait until Wednesday or Thursday to see where it is and cash out.

[TheReturn]

F is a buy w/out ?. GM, fuk that-stay away IMHO
day trade BAC, FITB,C- it brings in small amts but better than a lose

I think BAC will top out around $9.50. That's where I have my sell set at right now. Especially with all the BS now surrounding Lewis.

[RuhlFreak55]

F is a buy w/out ?. GM, fuk that-stay away IMHO
day trade BAC, FITB,C- it brings in small amts but better than a lose

umm ford will be the only domestic automaker to survive.....they've not taken any government money.......so the gov't can't tell them what to do thank god.

[TheReturn]

One of the better stocks I have had for a while now is UNH. Bought it in the $15.50 range. It closed down Friday but is still over $23 p/share.

[ni4ni]

I bought GM for a short term hit. I do think they will file for bankruptcy in the near future. It was my 'gamble of the week'. I only bought 1000 shares. Figured if it hit $1.80 to $2.00, I would dump it. I believe it closed at $1.69 yesterday. I'm up about $200 right now. I may wait until Wednesday or Thursday to see where it is and cash out.

bro, i did the same w/ FRE and FNM. I'm fuked now cuz the tresuary got there hands in it. I believe Gm is heading for the same

[RuhlFreak55]

I think BAC will top out around $9.50. That's where I have my sell set at right now. Especially with all the BS now surrounding Lewis.

hilarious the gov't told him to keep quiet about their problems with Meryl.

[RuhlFreak55]

One of the better stocks I have had for a while now is UNH. Bought it in the $15.50 range. It closed down Friday but is still over $23 p/share.

wtf is that? united health? (guessing) i don't know that stock.

[TheReturn]

umm ford will be the only domestic automaker to survive.....they've not taken any government money.......so the gov't can't tell them what to do thank god.

They also said that they have no furture intentions of asking for govt help. Then Goldman rated them a buy and the stock took off this week. I see $10+ p/share by mid summer.

[TheReturn]

wtf is that? united health? (guessing) i don't know that stock.

Yes, Unitedhealth Group

[RuhlFreak55]

They also said that they have no furture intentions of asking for govt help. Then Goldman rated them a buy and the stock took off this week. I see $10+ p/share by mid summer.

yes sir, as do i.....and even though demand is greatly reduced in autos Ford is going to take ALOT of market share with Chrysler and GM being forced into bankruptcy.

[TheReturn]

bro, i did the same w/ FRE and FNM. I'm fuked now cuz the tresuary got there hands in it. I believe Gm is heading for the same

I think so as well. Like I said, it was the gamble of the week. I currently have a stop loss set at $1.50 so I can't really get hurt right now unless they file Monday morning. Even so.....I lose what? $1,300? It is doubtful though IMO

[TheReturn]

I really wish I had the balls to pull the trigger on BBBB (Blackboard) back when it was under $20 a share. I kick myself every day over that one.

[ni4ni]

I really wish I had the balls to pull the trigger on BBBB (Blackboard) back when it was under $20 a share. I kick myself every day over that one.

bro ive done the same re kicking myself...time to move on. there is always a buy out there-we just need to find it.
damn, sounding like cramer now-chk out GS, V, and RIMM

[Immortal Soldier]

DO NOT SELL BEAR STERNS!

Lol @ Jim Cramer

[Keenstyle1]

The stock market sucks. It takes too long to make money. You have to play the LEVERAGED market. You can make ten times what you put in, like the same day. Stocks futures,commodities, currencies, they are all controlled by how many managed funds and hedgefunds are buying them at the same time.
If you can look on a chart and be able to tell when they are all buying and selling, you just follow there lead and you will win. Sounds simple, but you need to be able to understand a chart. If you want to educate yourself, look up the definition of a "parabolic" and a "MACD".
I'm a trader, I own a firm. I hedge against the market all day. If any of you are serious I can give you the quick education which you can paper trade with and see your hypothetical gains. For someone who hasn't done it, warning, it is more addictive than gambling because it's not based on luck or fundamentals.