Roseylv

Hi all,
Sorry for being off topic but...i just have to vent

Is anyone seeing what is happening to our stock Markets?????

I can't be the only person getting my *** handed to me!!!!!

This is a thread to Vent.

V12Godspeed

I check my Scottrade ticker every minute....I am with you, Investors are scared to death. It is going to be a rough ride....Prepare for a stormy night.

Roman Moronie

I just purchased a bunch and I mean a bunch of Southwest Airline stock back in June, I'm happier than a pig in mud right now, I've made well over 20% in a little over 3 months. Although I have not checked it today, now I'm a bit scared to do so. That's 1998 kind of returns. Too bad I can't say the same for my all my Motorola stock

LZH

Muni bonds are the way to go in this market...prob a bit late to start buying though...
Conditions are by far the worst I have ever seen. Let the election pass and the holidays and I'll bet we see a nice turnaround Q1 or Q2 of '09.

bigben320e

This is a grudge death match. We are all in the derby, and yes it will be a rough race.

Oh shiznit! Make sure to duck!

e55 baller

Wonder if we could hit a prolonged recession and possibly depression. The Northern VA is melting....AOL, Sprint/Nextel, Worldcom failed years ago and now Freddie Mac and Fannie Mae...all within 20 miles.

My house has lost 40% of its value in the past 3 years from the peak in March 2005. Every 1 in 100 houses are foreclosed.

Google is laying off 4K of 8K contractors and there has to be a lot of Wall Street Ibankers looking for jobs.

Beginning of a MESS.

Karlson

Sorry, but Nova Market was overpriced big time, it had to blew up sometime soon. Sprint/nextel been in trouble for a long time, MCI didn't well. We got bunch of companies that do well, especially Mobil-Exxon in Fairfax. VW in Herndon and ofcourse Mariott in Bethesda. Nova is not melting, it just changing into different companies. A lot of merryl lynches offices will probably close down. We are still one of the best counties in the country

gonzjed

I decided to keep some assets liquid except muni bonds an a some others. With the inflation rate @ 5.4%, my money isn't doing squat. I'm too scared to get aggressive right now.

2K6E55

I dont even look at my stocks anymore because I might go postal...

E55_GT3wheels

my a$$ is getting handed to me as well. I try not to look as I am long but IT HURTS!! On the plus side, took a risk and bought AIG at the close yday and it was 15% today. Selling FIRST thing tomorrow. Even with that, i am down quite a bit. its rough!!

gonzjed

hahaha...i almost did in 2004 and i still didn't learn my lesson.

Vader55

Sold all my real estate in mid to late 2005, piled in china long and got out late 2007, have been all cash for most of the year and very happy about it.... I will be a home buyer soon but not yet. Today I started to accumulate large chunks of (OXBO>synthetic blood)and(CPST clean energy turbines) long on both. The sheep are getting slaughtered in this market....be careful

rarfinancial

No stocks here, Just buying and selling cars. I pay my investors 18 -21% return on thier money. I do in-house financining with some of my car buyers. I then register the vehicle with the name of one of my investors set as lienholer. I back the note for the full term, If the note goes south I pay-off the account and we move on to another one. I get 100% of amount financed from my car sale, they get 18-21% return on their cash and we are all happy. I have been doing this for many many years. I also give up only 75% of amount financed and charge 24-26 % to the buyers Remember they are max
10k-12k notes/with bad credit. So do the math 24-26% on 25% of the note and another, up to 8% on 75% of the note =? a good return plus not to mention what I make on the front end when we sell the car.
Man that was a long speach.

Blacksport350

It is a very rough ride and many investors are getting their a** handed to them but there are also plenty of investors making a killing. In general, for everyone that looses, someone else wins. Even the bank bailouts can ultimately net massive profits for those involved as shocking as that may be to some. Hang in there, invest wisely, and find an advisor that knows what they are doing. Sad thing is that that is easier said then done!!!!!!!!

Almo

Very true... long term on some stocks will eventually offer a great return and one would be asking down the road why they didn't purchase more with certain ones being so cheap... think 5 years out at this point.

bigben320e

Good point.

I am getting some cheapos and selling them when they rise. Just some experimentation without too much risk involved. My long term investments are riding and staying put at this point.

Speaking of cheap, anyone notice SIRI and WM? Some good increases. Perhaps I will hold on the 60 shares left in WM.

On SIRI, any thoughts on that? They are pretty cheap, under $1. Thinking about buying a few more hundred shares.

CWW

I think WM is a buy. Their tier1 capital will take them through the end of next year, even if they continue losing money out the nose, before they have any regulatory problems. And I think their losses will slow, especially since they are more or less exiting the mortgage business. Meanwhile citigroup and jpmorgan-chase are said to be verrrrrry interested in picking them up now that their stock is so cheap.

They also don't rely on commercial paper at all, and have ridiculous liquidity...around $200bil. I think people are making that play out to be a LOT riskier than it really is. I will probably pick some up today.

Roseylv

Come on AAPL.....
Let's keep the rally going!!!

Could be the craziest week in Market History...wow

Roman Moronie

Crazy week indeed, A few minutes ago I looked and the DOW was up 412, 3 of my big stock are at or near 52 week highs. I'm not the type of person to sit here all day a watch the tickers, but I'm a very happy man today.

V12Godspeed

Yes sir!!! Bought AIG at 1.90...I think I will ride it for a bit... Let's see what happens...

BlackOnBlackCLK

Looks like all the markets are doing well today
Dow + 449
Nikkei +431
Ftse + 431
NASDAQ +80
I wish everyday could be like this...

FASN8N

It has been a crazy market for sure over the past few days!

I picked up some WB bonds on Tues @$80 that are now trading at $97.50

I wish I would have purchased more!

The shorts were covering like crazy this morning!

Jon2007E63P30

I never could get my wife to settle the assets, now I can pay $100K less to buy her out of her half of the house. And with a 10yrs left at 4.75%, can't beat it!

Vader55

watch out 10/2

bigben320e

Bought some AIG.

Also I got SIRI as well picked up another 200 shares at .98.

WM is at 3.83 and rising....wise choice for me to keep WM.

Let's see where it goes...wheeeee!!!