TweetNothing goes straight up or down. There must be some period of retracement here for a short while? If not... SCARY!!!
TweetDJIA Dow Jones Industrial Average (INDEX) Delayed quote data 2/20/2009 4:04 PM
52 Week Range: 7,226.29 to 13,191.49
A government big enough to give you everything you want, is strong enough to take everything you have. -Thomas Jefferson
TweetNothing goes straight up or down. There must be some period of retracement here for a short while? If not... SCARY!!!
A government big enough to give you everything you want, is strong enough to take everything you have. -Thomas Jefferson
TweetI LOVE IT! TIME TO INVEST! Ive been putting every extra penny I can into my stocks and 401k right now...
"Beer is proof that God loves us and wants us to be happy"...................Benjamin Franklin
schiznick13@yahoo.com
Tweet401????? you mean 20.5
Tweetyou have the right attitude
Tweet1929 - People lost their money in the market.
1930 - Really smart people lost their money.
1931-32 Really really smart people lost their money.
Moral of the story is, just because the dow hit 14,000 doesn't mean its a bargain here.
Yield: 4.32%
P/E Ratio: 17.75
When the dow was at 14,000 the price/earnings ratio was lower but it was based on false earnings and people were arguing that it was a bargain at those prices.. Even if you think current earnings will hold up, most market bottoms occur when P/E is 7:1-10:1. That puts the dow at around 4000.
A government big enough to give you everything you want, is strong enough to take everything you have. -Thomas Jefferson
Tweetsoooo...what your saying is keep you money under you matress for now?
HE WHO MAKES A BEAST OF HIMSELF, GET'S RID OF THE PAIN OF BEING A MAN!!
https://www.infinitymuscle.com/forum.php
"Actually for once your actually starting sound quite logical!"-djdiggler 07/10/2007
I LOVE BOOBOOKITTY...
Tweeti quit investing stock market...buying up rentals and property right now...looking to close on a fourplex this month
Tweetman!!! congrats bro!! thats the way i wish i could go right now. some PRIMO property around me is going for 20% or 30% of the NEW APPRAISED value!!! there's some awsome deals right now.
HE WHO MAKES A BEAST OF HIMSELF, GET'S RID OF THE PAIN OF BEING A MAN!!
https://www.infinitymuscle.com/forum.php
"Actually for once your actually starting sound quite logical!"-djdiggler 07/10/2007
I LOVE BOOBOOKITTY...
Tweeti figure with all the forclosures, rentals are the way to go...people still need somewhere to live,lol
TweetSEF Proshares Tr (NYSE ARCA) Short the financials
There is money to be made in bear markets. This is just one of many sectors that you can make money as things melt down.
A government big enough to give you everything you want, is strong enough to take everything you have. -Thomas Jefferson
Tweeti know WAAAY too little about that shyt bro. i had always wanted to know more and get involved with it, but the intrest i have in it is next to zilch! i dont know what "SEF Proshares Tr (NYSE ARCA) Short the financials" means...are you actually "shorting" the financial markets? is that what you mean when you say this?
HE WHO MAKES A BEAST OF HIMSELF, GET'S RID OF THE PAIN OF BEING A MAN!!
https://www.infinitymuscle.com/forum.php
"Actually for once your actually starting sound quite logical!"-djdiggler 07/10/2007
I LOVE BOOBOOKITTY...
TweetThis fund is like a basket if you will of financial stocks and the fund shorts these shares so as they go down your fund price goes up (as you can see represented in the chart). In the old days you had to individually short the stock or buy a mutual fund that involved too many fees. now its as easy as buying IBM you would input (on e-trade...) buy X shares of IBM, you would input buy X shares of SEF. I'm not saying its a good buy at this point... It's had a big run but yes, with a few hundred in a on line trading account and a belief that oill, gold, housing... is going in a certain direction, you can participate either up or down.
A government big enough to give you everything you want, is strong enough to take everything you have. -Thomas Jefferson
Tweetanother smart move.
my entire family is into real estate. my family is building a 35 unit building. construction started a few weeks ago. 12 million invested.
i know a few people that work downtown that are making money hand over fist with the market in its current condition. i dont know enough about it say yea or nea
TweetJust as I was writing above about the multiples of the market at it's lows blah blah...
Real Estate back in the 30's was so depressed, people were so afraid to buy for fear it could go lower that at the bottom, houses were selling for what 4 years rent would be. Think about that. If you are renting a house at $1,000 a month that home would be selling for around $50,000. This is the poteintial for the downside on real estate again. Be careful!
A government big enough to give you everything you want, is strong enough to take everything you have. -Thomas Jefferson