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About to start buying some cheap stock, what's the best site to do this on? E-Trade?
Anyone viewing the current bloodbath in the global markets?
- Thread in 'General' Thread starter Started by finnns2003,
- Start date
Originally Posted by Destination Kicks
Don't you just love how when the price of oil goes up; it's immediately reflected in the price of gas even though the oil used in the gas at the pump wasn't bought at that price, but when the price of oil drops they wait a little bit before they drop the price?
Yea, but this time is really blatant. Oil has gone from $100- $80 a barrel and gas hasn't budged.
james earl zones
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thisthisthis. Never fails.Originally Posted by Destination Kicks
Don't you just love how when the price of oil goes up; it's immediately reflected in the price of gas even though the oil used in the gas at the pump wasn't bought at that price, but when the price of oil drops they wait a little bit before they drop the price?
Thank you for that link finnns2003, this stuff has always interested me but it's so hard to sit down and really get into. Will be Amazon-ing some reading material very soon.
Buffet is a big shareholder of Moody's and has been talking bad about S&P lately...so no surprise there.
I can't wait till Q3 numbers come out in the investment banks, if you do think theyre poised to make a killing on this then I don't know what to tell you.
Also, virtually none of you need to redeem your 401k for what, the next 30 years?? If investing worries you on the day to day, then don't check it and keep it in blue chips. Right now everything is effectively been sold so all companies are "guilty by association".
I'm in gold, tech and broad ETFs. I've seen my gains taken out, somewhat protected by gold, but would easily buy more if I had available cash. I'm still net positive on the year (8%).
I can't wait till Q3 numbers come out in the investment banks, if you do think theyre poised to make a killing on this then I don't know what to tell you.
Also, virtually none of you need to redeem your 401k for what, the next 30 years?? If investing worries you on the day to day, then don't check it and keep it in blue chips. Right now everything is effectively been sold so all companies are "guilty by association".
I'm in gold, tech and broad ETFs. I've seen my gains taken out, somewhat protected by gold, but would easily buy more if I had available cash. I'm still net positive on the year (8%).
soltheman
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Everyone who is looking into gold as a means of security, I would look into the Dodd-Frank Act.
Read, summarize, whatever you like..but please, look into that.
Read, summarize, whatever you like..but please, look into that.
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What about buying silver. Anyone with knowledge please chime in on that one. Thanks in advance.
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LazyJ10- What about investing in the ETF Providers themselves? My dad keeps preaching WETF. I would've loved to have bought in at the $.03 tag it had in '04.
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If Bank of America loses all of these lawsuits and their market cap keeps shrinking, (Lost 60% so far since January), This isnt anything compared to what will happen then. It might be a repeat of 08. Dow will be back over 11k by friday.
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Whoever said this is a flash crash please look of the definition of flash crash then edit your post. I went to a group meeting at work when I can back it was down 600 points.
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I started a fund (2050 retirement track) on June 1 with a $2800 lot purchase. Ive contributed $120 a month since then. It's now worth $2500, I'm sitting on the sidelines until this shakes out or a "too good to pass up" buying opp comes along. Im only 24 so I know I can handle the volatility but it just sucks seeing the loss on my investment.
b smooth 202
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good
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From ZH:
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THIS
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They are going go to be able to track the purchasing of precious metals. Making sure they aren't "conflict free", whatever that means. Restricting over the counter sales.
joeyd16
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TheGr8Blk,
Keep contributing to your retirement fund -2050. I'm taking it that you started that fund as an "investment" and not a "speculative" fund.
Keep contributing to your retirement fund -2050. I'm taking it that you started that fund as an "investment" and not a "speculative" fund.
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Originally Posted by HankMoody
From ZH:
http://en.m.wikipedia.org/wiki/2010_Flash_Crash
There was nothing flash about today's events. Everyone knew Friday today was going to be horrible.
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Yikes, 600 point drop. People are going nuts right now, HUGE bloodshed on portfolios. So glad I emptied mine out
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Thank you for that link finnns2003, this stuff has always interested me but it's so hard to sit down and really get into. Will be Amazon-ing some reading material very soon.
No problem. People should be focusing on this, it's going to affect employment and hiring big-time
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Originally Posted by RedMan
Originally Posted by HankMoody
From ZH:
http://en.m.wikipedia.org/wiki/2010_Flash_Crash
There was nothing flash about today's events. Everyone knew Friday today was going to be horrible.
Look at the surge in volume. HFT. That's a flash crash. Just because the market sustained that level doesn't negate the unusually rapid descent.
al audi
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630*
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Why did it surge like that at that moment? I'm reading the chart wrong? My bad.
soltheman
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I believe that Dodd Frank has the capability to greatly inhibit the trade of precious metals such as gold; and greatly punish those who don't abide by the rules set forth in it. Not to say that the government will make it impossible to trade gold, but it could change the way the American people will be able to rely on it as a means of a safety net. I.E. those who have large stockpiles may not be able to move it like they intend to.
Granted, I admit my ignorance when it comes to the finer details of the act. And if I'm incorrect I invite any and all corrections, as I don't want to steer the #NT brethren wrong.