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Didn't follow the markets too much in 1998. What happened?
Markets seem to be loving all the news too. Back to the ole 200-500 point daily swings. Only now, we're opening strong and closing on the bottom. Nice
Couple of good articels follow. Last sentence of first article (debt, upon debt, upon debt, and then add some debt)
http://www.marketwatch.com/story/geithners-plus-sized-euro-bailout-is-stealth-qe3-2011-09-28?link=home_carousel
[http://www.telegraph.co.uk/finance/financialcrisis/8793010/Germany-slams-stupid-US-plans-to-boost-EU-rescue-fund.html
yep, fun times for sure
I may be too pessimistic, but I don't see much good going on. I'm not quick enough to make the fast trades like most of you here, but I'm 100% cash and holding. ick
I guess the markets figured out "Markozy" was in fact NOT going to save the day maybe
WHAT HAPPENED??? EVERYTHING JUST PEACHY YESTERDAY!!
ok. Thanks
What are your thoughts on Synm at this point? I've been following it since you picked CRED and MITK and they did so well. Just checking your thinking going forward.
MARKETS SKYROCKET ON YET EVEN MORE STELLAR GOOD NEWS!!!!!!!
NPR Reporting 9-15-2011: "The number of U.S. homes that received an initial default notice — the first step in the foreclosure process — jumped 33 percent in August from July, foreclosure listing firm RealtyTrac Inc. said Thursday." --"California saw a 55 percent increase in homes receiving a default notice. In Colorado, they rose 51 percent, and in Arizona, 20 percent."
U.S. jobless claims jump to highest since June
First-time filings for unemployment compensation rise to 428,000
AIN'T IT GREAT???
yea, I'm not sure how many more days like that I can stand
WOW! What a boring day! No 900 point swing in the market today!!
I did not know you could apply for unemployment if you voluntarily quite your job such as a strike. ??
Yep, I remember you trading Staples. ODP was down to around .70/share in 2009 and I should have bought it then. With the market conditions the way they were at the time, they could have just as easily gone to 0 I suppose. Hindsite. Anyway, I don't see them going bankrupt now but...
Got it. Anyone like Office Depot at current level?
Like I said, when I get in, others can usually rest assured it's not a sure thing On your 2-3% ers, do you just pony up at the end of the year and suck up the short term cap gains? When ya'll buy those 2-3% ers, what percentage of your portfolio do you put into it? I have a decent amount in some accounts, but it just does not seem to be enough to make a difference making 2-3 and then paying capgains. 2-3% on a million is great but not so good on 10k. Thanks for the feed back.
I'll let you know if I buy in so you can sell immediately! Soon as I buy, it'll go to zero. Murphy rides around with me in my back pocket. Thanks for the overview. It is that little part about going to 0 that worries me a little. .....Tyson
Seems like an awfully steep drop with no real news
Oops! That was meant to be "What is the reasoning behind the BAC price drop?" It is down over 50% this year.
Reaning behind the decline in BAC?
Anyone have any thoughts on ODP, other than I should've loaded the boat 2 years ago at .70/share??
Got it. Thank you
I knew it had been a while. Did not know that long tho.
Yep, me too. Learned alot along the way.
Hey all. I've been around since way back when believe it or not. I can't remember the 2 previous boards before Investors Hub, but that's how long! I'm guessing since 1997 or so. Obviously, I don't comment much, but figured I may as well get started. I really enjoy and appreciate reading all of the comments, suggestions and trades. Eric, do you have a link to an updated chart of the ECRI by chance that I can keep up with?
What are you thinking on AA Nicholas?