removed
I performed my own circumcision
Premium,VIP
join:2002-02-08
Houston, TX
clubs:
edit:
July 26th, @03:00PM
| reply to Rick
Re: Stock Market Crashing...down 330 points right now
It's bound to go down eventually -- it will rebound just as well, just as it always has. All this bullshit about a 'crash' is just that: bullshit.
Edit: Although it's still hilarious that I'm up significantly on AAPL but that I still lost several hundred dollars for the day. Fuck. |
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Maccawolf
Premium
join:2001-02-20
Hillsdale, NJ
| said by removed  : I still lost several hundred dollars for the day. Fuck. that's why I try to only look every few months or so.
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"The most affectionate creature in the world is a WET dog"---- Ambrose Bierce |
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Rick
Premium,MVM
join:2001-02-06
Waterbury, CT
clubs: 
| Actually, I should survive the day nicely and maybe even come out a bit ahead. Over the last month I shifted my portfolio to about 40% stocks~60% bonds. There was just too many nice gains in the market I felt should be protected.
That mix should more than offset this decline today.
Even break even would be a win today.
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The Coyote captured the RR! Roadrunner Rick is now Comcastic! |
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sailor
Premium
join:2003-10-21
Long Island
edit:
July 26th, @10:28PM
| reply to removed
said by removed :It's bound to go down eventually -- it will rebound just as well, just as it always has. All this bullshit about a 'crash' is just that: bullshit. Edit: Although it's still hilarious that I'm up significantly on AAPL but that I still lost several hundred dollars for the day. Fuck. For those of us who generate a good portion of our yearly income on trading the market, days like today are so very welcomed...A trader makes the most money when the market is volatile...
With that said, Apple today would have hit the high 160's or even into the 170's if today wasn't the sell off day that it was after they kicked ass once again on earnings and surpassed analyst estimates.
When the market rallies, you will see AAPL take off...in the meantime, for us traders it is a wonderful opportunity to trade it. Even with today's 300+ drop on Wall Street, Apple, as you know, was still up over 6%...»finance.yahoo.com/q?s=aapl
And one other thing. I see shying away from GOOG ( google) and putting that money in BIDU who just kicked ass with earnings like Apple did. Even with the market down today, just take a look at what BIDU did...Up over 14% and click on the chart for the 5 days and just look at where it was just 5 days ago...»finance.yahoo.com/q?s=bidu
Another great trading stock and as well as a great long-term hold IMO by buying it on any pullbacks..
Like I mentioned before, hold on to your AAPL..It very well could fund a leisure retirement for you..
Stocks I like...( AAPL, BIDU and RIMM ( research in motion..blackberry) |
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