Black Friday

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Old Oct 24, 2008 | 11:51 AM
  #16  
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im not serious about trading, dont even own any stock, lol! just try to educate myself on whats going on right now. i mostly watch foxbusiness and a little cnbc if something really crazy is going on. ill check that site out though, thanks!
 
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Old Oct 24, 2008 | 12:59 PM
  #17  
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To tell you the truth, I was only looking at it for the price of a barrel of crude back when it was over $140. Now, I read it every morning. They really spell out what is happening with the market. Good educational site for stocks and other trading type crap.
 
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Old Oct 24, 2008 | 01:16 PM
  #18  
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If you are under the age of 50, or never have invested in stocks then what is happening right now is almost perfect. I read a quote on CNBC.com that said something along the lines of "If you are invested in the stock market and under the age of 50...relax..". Another: "What happens over the next five to eight days will be spoken about for generations." I take that as a very good thing.


This is what I am buying right now:

Tickers FO, MO, PM, JNJ...mostly house hold brands. Booze and tobacco always sells. MO is an ATM waiting to happen, especially at <$20/share.

IMHO, you can't go wrong buying into companies that sell products that will always be around and most pay pretty decent dividends, so buying now gets you more shares = more dividends.

Every month I have been buying as many shares as I can with a little money put away each week (it doesn't take much to start)...sometimes I buy more often if I can see a low for the day/week..

Just my opinion...don't blame me if things go wrong or react different..
 
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Old Oct 24, 2008 | 01:36 PM
  #19  
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where can you go to look at stock prices and how do you buy them? i have been wanting to invest lately and it seems like right now is a good time with prices low
 
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Old Oct 24, 2008 | 01:57 PM
  #20  
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Originally Posted by 06yz250f
where can you go to look at stock prices and how do you buy them? i have been wanting to invest lately and it seems like right now is a good time with prices low

Start with your bank. They should have some sort of advisor to help get you started. Most banks will also offer a brokerage account that you can put money in to use to buy stock shares.

As far as checking quotes, look at http://finance.yahoo.com/ MSN has a place to check quotes as well. If you know of a company that you like, check their websites Investor Relation page and see if they have a publically traded stock...it will also give you the ticker...example: Ford Mo Co is ticker F, General Motors is GM, A&TT is T.

Due your research, I like to buy into companies that have products I personally like.

But do talk to an advisor to come up w/some sort of plan. Your bank should be able to help you get started.
 

Last edited by 26point2; Oct 24, 2008 at 02:02 PM.
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Old Oct 24, 2008 | 02:08 PM
  #21  
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If you do any day trading, watch this one. The origional owners are buying it up, as you can tell by the roller coaster ride.
http://finance.yahoo.com/q?s=aert
 
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Old Oct 24, 2008 | 02:13 PM
  #22  
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Originally Posted by Tumba
If you do any day trading, watch this one. The origional owners are buying it up, as you can tell by the roller coaster ride.
http://finance.yahoo.com/q?s=aert
Personally I'd be careful investing in a stock listed on the NASDAQ that is selling below $1.00. And looking at AERT it looks like NASDAQ is getting ready to delist them. If that happens they go to the pink sheets/grey market where normal trading rules do not apply. Meaning, sometimes you may not be able to trade out of it depending on who your brokerage account is with.

Of course you could also make a lot of money on stocks like this...I've done a bit of it in the past.
 
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Old Oct 24, 2008 | 02:24 PM
  #23  
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Right, They've done the research and no longer need the public investment.
Thaey will buy it up.

Risky!

I only said watch it. I didn't advise buying. I like it.
 
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Old Oct 24, 2008 | 02:30 PM
  #24  
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Originally Posted by Tumba
Right, They've done the research and no longer need the public investment.
Thaey will buy it up.

Risky!

I only said watch it. I didn't advise buying. I like it.
Sorry, misunderstood..
 
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Old Oct 24, 2008 | 02:38 PM
  #25  
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From: >wwOwww<
Originally Posted by 26point2
Sorry, misunderstood..
It's cool!

If you're interested,
The people will buy when it drops again.
You'd have to watch closely.
This is not the time.
 
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Old Oct 24, 2008 | 05:50 PM
  #26  
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From: Kansas City
If the market loses 1200 they halt trading for 1 hour. If it drops 2200 they halt trading for 2 hours and if it would drop 3300 they stop trading altogether.
 
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Old Oct 24, 2008 | 06:15 PM
  #27  
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From: Better Call Sam ..Inside Joke
There will be much more blood letting before the wounds will get stiched up

Now the prediction is we may see crash like 1987 yet to come

And all I can say is in 1988,1990,1992 I picked up alot of property for 20 cents on the dollar
 
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Old Oct 24, 2008 | 06:21 PM
  #28  
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Originally Posted by zacky
There will be much more blood letting before the wounds will get stiched up

Now the prediction is we may see crash like 1987 yet to come

And all I can say is in 1988,1990,1992 I picked up alot of property for 20 cents on the dollar
Funny you pick the 1987 crash as a bargain point.

1987, 2008, Anyone see a pattern?

Now I know why you guys love trickle down, you're just waiting for the market to crash so you can pickup stocks cheap.
 
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Old Oct 24, 2008 | 06:42 PM
  #29  
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From: Better Call Sam ..Inside Joke
Yeah But I'm older and tireder than I was back then. The **** and vineger is all been replaced with synthetic drugs
 
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Old Oct 25, 2008 | 12:54 AM
  #30  
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From: Metter, GA
Originally Posted by harleydude78
wall street hits the pause button.



i HOPE that was a joke.....

I hope you didn't actually think i was serious
 
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