someone explain to me why the INDU is up this morning - GoFuckYourself.com

Wolfy · 10-13-2008, 06:56 AM

What happened?

+358.74 ATM.

Wolfy · 10-13-2008, 08:29 AM

+470.48

I want to learn about this shit - where should I start?

IllTestYourGirls · 10-13-2008, 08:31 AM

dead cat bounce?

cybermike · 10-13-2008, 08:38 AM

After 8 straight days of closing down the 9th is free? :P

Wolfy · 10-13-2008, 08:48 AM

+506.24!

I read a quote by Warren Buffet over he weekend - "Cash + Courage in a time of crisis is a priceless thing."

Or something like that. I liked it.

Wolfy · 10-13-2008, 08:51 AM

Quote:

Originally Posted by IllTestYourGirls

dead cat bounce?

Is that the lingo?

IllTestYourGirls · 10-13-2008, 08:54 AM

Quote:

Originally Posted by Wolfy

Is that the lingo?

yup

http://en.wikipedia.org/wiki/Dead_cat_bounce

I really hope it is an upward trend that wont fall back down. But it could be a dead cat bounce.

pornguy · 10-13-2008, 09:01 AM

+508.63

inching up..

If it breaks 9k and closes that, it might help some people see some sun shine.

Wolfy · 10-13-2008, 10:11 AM

581.03, we just broke 9k!!!

mynameisjim · 10-13-2008, 11:59 AM

I was telling people this over the weekend. I don't know that much about the stock market but don't be surprised if we have some record jumps this week. Everything is so far out of whack that I wouldn't be surprised if the market shoots back up to record territory in the next 6 weeks.

Just like oil. It doubled and halved in about 2 months even though nothing really happened to cause it. Everything that is happening is so unprecedented you can't really predict it anymore using the past.

woj · 10-13-2008, 12:17 PM

I'm pissed at myself that I didn't buy more

you don't see +10% days often

sex69 · 10-13-2008, 12:26 PM

Thanks for the explanation

yys · 10-13-2008, 12:46 PM

Quote:

Originally Posted by woj

I'm pissed at myself that I didn't buy more

you don't see +10% days often

Its only one day

Still plenty of companies valued cheaply. Buy on any dips as 3-5 years out you will be sitting pretty.

I'm loving my rimm and pwe(22%+ yield

) buys last week. I think I might hit double baggers on both of these inside one year.

What did you guys who are buying pick up?

Wolfy · 10-14-2008, 09:14 AM

I wish I had done this last week, but I don't think it's too late to get started.

I need to dump a grand or so into an account somewhere, and I want to manage my own money - where should I go?

Vendot · 10-14-2008, 12:13 PM

Quote:

Originally Posted by Wolfy

I wish I had done this last week, but I don't think it's too late to get started.

I need to dump a grand or so into an account somewhere, and I want to manage my own money - where should I go?

Its not worth it unless youre talking at least $5k (bare minimum) but probably $10k. Charles Schwab is pretty good.

Wolfy · 10-15-2008, 08:49 AM

Charles Schwab allows you to manage your own trades? I thought they were a managed account service.

Wolfy · 10-15-2008, 08:50 AM

And as far as the amount and what is "worth it" - I plan on losing the first time, and I'm pretty sure I can lose a grand pretty effectively. ;)

10-13-2008, 06:56 AM	#1
Wolfy Confirmed User Industry Role: Join Date: Dec 2003 Location: Wisconsin Posts: 3,574	someone explain to me why the INDU is up this morning What happened? +358.74 ATM.

10-13-2008, 08:31 AM	#3
IllTestYourGirls Ah My Balls Industry Role: Join Date: Feb 2007 Location: Under the gold leaf ICQ 388-454-421 Posts: 14,311	dead cat bounce? __________________

10-13-2008, 08:38 AM	#4
cybermike Confirmed User Join Date: Jan 2002 Location: Ny Posts: 4,108	After 8 straight days of closing down the 9th is free? :P __________________ Hey surfers how about some The Best Porn Sites

10-13-2008, 09:01 AM	#8
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,912	+508.63 inching up.. If it breaks 9k and closes that, it might help some people see some sun shine. __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

10-13-2008, 11:59 AM	#10
mynameisjim Confirmed User Join Date: Aug 2007 Posts: 2,985	I was telling people this over the weekend. I don't know that much about the stock market but don't be surprised if we have some record jumps this week. Everything is so far out of whack that I wouldn't be surprised if the market shoots back up to record territory in the next 6 weeks. Just like oil. It doubled and halved in about 2 months even though nothing really happened to cause it. Everything that is happening is so unprecedented you can't really predict it anymore using the past. __________________ jim (at) amateursconvert . com Amateurs Convert

10-13-2008, 08:29 AM	#2
Wolfy Confirmed User Industry Role: Join Date: Dec 2003 Location: Wisconsin Posts: 3,574	+470.48 I want to learn about this shit - where should I start?

10-13-2008, 08:48 AM	#5
Wolfy Confirmed User Industry Role: Join Date: Dec 2003 Location: Wisconsin Posts: 3,574	+506.24! I read a quote by Warren Buffet over he weekend - "Cash + Courage in a time of crisis is a priceless thing." Or something like that. I liked it.

10-13-2008, 10:11 AM	#9
Wolfy Confirmed User Industry Role: Join Date: Dec 2003 Location: Wisconsin Posts: 3,574	581.03, we just broke 9k!!!

10-13-2008, 12:17 PM	#11
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	I'm pissed at myself that I didn't buy more you don't see +10% days often __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

10-13-2008, 12:26 PM	#12
sex69 Confirmed User Join Date: Feb 2004 Posts: 671	Thanks for the explanation __________________ HotNiches.com-Add Site Porn Sites- Submit For Adult Sites-Add URL Adult Webcams Sex Webcams Erotic Search Reality Sex Sex Videos

10-14-2008, 09:14 AM	#14
Wolfy Confirmed User Industry Role: Join Date: Dec 2003 Location: Wisconsin Posts: 3,574	I wish I had done this last week, but I don't think it's too late to get started. I need to dump a grand or so into an account somewhere, and I want to manage my own money - where should I go?

10-15-2008, 08:49 AM	#16
Wolfy Confirmed User Industry Role: Join Date: Dec 2003 Location: Wisconsin Posts: 3,574	Charles Schwab allows you to manage your own trades? I thought they were a managed account service.

10-15-2008, 08:50 AM	#17
Wolfy Confirmed User Industry Role: Join Date: Dec 2003 Location: Wisconsin Posts: 3,574	And as far as the amount and what is "worth it" - I plan on losing the first time, and I'm pretty sure I can lose a grand pretty effectively. ;)