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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 | |
Confirmed User
Join Date: May 2003
Location: USA
Posts: 6,195
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Obama says buying stocks now is a good idea!
And it is written...
Quote:
Yeah thats the way Obama! So how many of you are gonna run out and buy a buttload of stocks?! |
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#3 |
By the wrath of Agamemnon
Industry Role:
Join Date: Apr 2004
Location: Miami
Posts: 6,501
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oblabla talks
the osama retards buy aleluyah |
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#4 |
Fuck Checks, CASH only!
Join Date: May 2002
Location: New York City
Posts: 19,422
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problem is most of his supporters dont have any money to buy anything let alone stocks
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#5 |
Confirmed User
Join Date: Dec 2002
Location: Sweden
Posts: 7,219
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What he said.
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I went from 100 to 313,000 satoshis in 2 days! Lots of daily freerolls... |
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#6 |
Confirmed User
Join Date: Oct 2002
Location: Australia
Posts: 3,012
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Hahaha. Yeah go out and buy stocks people ... follow your messiah ... honestly .... if you could just make sure you buy the few stocks i am still in so I can get out at a more reasonable price I would appreciate it. Thanks
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#7 |
Two fresh affiliate progs
Industry Role:
Join Date: Nov 2004
Location: Inside teen pussy
Posts: 29,602
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Now is indeed the time to buy for the long term.
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#8 |
RIP Dodger. BEST.CAT.EVER
Industry Role:
Join Date: Dec 2002
Location: NYC Area
Posts: 18,450
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Hell yes, buying long term stocks now is a great opp.
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#9 |
Fuck Checks, CASH only!
Join Date: May 2002
Location: New York City
Posts: 19,422
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tell that to the people who purchased long term 6 months ago just to see the long term stocks be worth 0 because the company closed its doors
now is a time to buy nothing 0 zippo
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#10 |
Doing the grind since 99
Industry Role:
Join Date: Oct 2003
Location: Buffalo NY
Posts: 16,881
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I love the capitulation. Thats a buying signal for me. I am buying Oil and select financials. With proper diversification I don't care if the Dow hits 3k.
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#11 |
Confirmed User
Join Date: Mar 2008
Location: London, Saint-Tropez, Bermuda, Moscow
Posts: 5,289
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#12 |
Confirmed User
Join Date: May 2003
Location: USA
Posts: 6,195
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Dont worry the market will send you more signals like that throughout 2009 and possibly beyond, just ask Warren Buffet.
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#13 |
Confirmed User
Industry Role:
Join Date: Jul 2006
Location: In a van down by the river
Posts: 2,624
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"There is no other way to see a thing except to look at it" - fatfoo |
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#14 |
Confirmed User
Industry Role:
Join Date: Nov 2002
Location: Lincoln, Nebraska
Posts: 2,453
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Message me to promote nebraskacoeds + network sites... |
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#15 |
lurker
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Join Date: Aug 2002
Location: atlanta
Posts: 57,021
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#16 |
Affiliate
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Join Date: Feb 2008
Posts: 241
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"Buy when the price is low and sell when it's high." How much lower can it get?
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#17 |
lurker
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Join Date: Aug 2002
Location: atlanta
Posts: 57,021
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#18 |
Confirmed User
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Join Date: Apr 2005
Location: Vegas
Posts: 4,499
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At least Obama has stopped talking about Armageddon, depression and civil war and is finally trying to restore some confidence to the markets.
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#19 |
Mainstream Businessman
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Join Date: Jan 2007
Location: San Diego
Posts: 9,291
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Love how he throws the word "potentially" in there to cover his ass, lol. If he said "potentially bad deal" it'd be a true statement too. I'd be offended if I were someone that watched my 401k evaporate then listen to him say shit like that.
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#20 |
Confirmed User
Join Date: Aug 2008
Posts: 3,223
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Ok that's a good news.
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#21 |
Confirmed User
Join Date: Oct 2008
Posts: 1,161
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sure seems like wall street isnt happy with the obama policies.
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#22 |
A freakin' legend!
Industry Role:
Join Date: Feb 2004
Location: Las Vegas, Nevada USA
Posts: 18,975
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Boner Money |
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#23 |
So Fucking Banned
Join Date: Aug 2003
Location: ICQ #23642053
Posts: 19,593
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A potentially good idea... indeed...! And I am potentially going to buy all of them!
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#24 | |
Confirmed User
Join Date: Jul 2001
Posts: 1,595
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Quote:
![]() People think just because the stock market has been an insititution for 90 years, that its guaranteed. It isn't. And the stock market has been seriously altered from its origins. Back then, when a stock made a profit, it declared a dividend and the investor actually got a share of the profits. Investors took on risk in equities, and hopefully the profit existed and was higher than that of a return of a simple coupon bond. The market has moved away from its simplistic roots, and been replaced with this complex system that only the insiders truly understand. Remember, the stock market today (without dividends for 99.9% of stocks) is the BIGGEST PONZI SCHEME on this planet. And a lot of the big institutional buyers outweigh you - and they talk. A stock can have a crazy good quarter, yet if a bunch of hedge funds collaborate a sell off, you still lose. The stock market predicated on more money flowing in, then flowing out (more buyers = up, more sellers = down). If you buy, before other people buy, you make money. If you buy, and other people sell, you lose money. If you don't understand this, don't buy stocks. It's all gambling nothing more. Can't blame Obama for saying what he's saying, he's trying to get some confidence going. His job is to help the country, and right now the country needs confidence more than anything else. Truth is, if he wants confidence, he should fix the stock market system, make all companies declare a certain % of their profits dividends, or guarantee that profits will actually be returned to shareholders in one form or another. It won't be easy, but its doable... Put the power back in the shareholders hands - not just management, and the confidence will return. Hopefully, the stock market emerges better. |
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#25 | |
Too old to care
Industry Role:
Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
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Quote:
Years ago the stock market was about a company raising money to invest in their future, today as you say it's gambling and I would think Las Vegas has better odds. Yes you're right the stock market needs to get back to what it was. A place to invest in the future of a company and not a place to get rich quick. As for the experts, think back at what these experts created. A scheme for many of them to get rich quick while they fucked the rest of us. And if they need to be told by Obama when to invest then how expert are they? As said a lot of people who follow Obama's words do not have the money to make a difference and those with the money should not need his advice. |
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#26 |
Living inside your head.
Industry Role:
Join Date: Dec 2002
Location: In your AirBNB
Posts: 20,465
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Obama should send everyone bailout money to buy stocks with.
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#27 |
Confirmed User
Join Date: Apr 2003
Location: Texas / London
Posts: 2,204
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He has a good point.
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#28 |
Adult Content Provider
Industry Role:
Join Date: May 2005
Location: Europe
Posts: 18,243
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Note to self: Dont buy stocks now
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#29 | |
Confirmed User
Join Date: Jul 2006
Location: NoHo
Posts: 5,970
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Quote:
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#30 |
So Fucking Banned
Industry Role:
Join Date: Apr 2002
Location: ¤ª"˜¨๑۩۞۩๑¨˜"ª¤
Posts: 18,481
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They will continue to fall, but even today's prices are very tempting.
I think anyone who got in anytime after the October crash is going to be happy long term as long as their companies don't go under. If almost free companies like Fannie, Freddie, AIG, etc... recover several years from now, that is going to be some really insane profit figures. Of course there are also less risky companies. |
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#31 |
Too lazy to set a custom title
Join Date: Nov 2002
Location: Earth
Posts: 14,627
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Buying the indexes and not going margin so you can ride it should be rewarded from here but should is the keyword. JPMorgan and GS are finding they can raise their prices do to lack of competition. The strong are getting stronger. The weak will die or in a free market economy they should.
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#32 | |
Confirmed User
Join Date: Sep 2002
Location: The Internet
Posts: 2,681
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Quote:
1/2 correct. Yes 6 months ago was a BAD time to buy, now it is about the best time in any of our lives to get into stocks.....!! ![]() ![]() |
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#33 |
Confirmed User
Join Date: May 2003
Location: USA
Posts: 6,195
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So..... how about those stocks.
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#34 |
Confirmed User
Industry Role:
Join Date: Dec 2002
Location: Ontariariooooo
Posts: 1,211
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It is a great idea to buy stocks right now, next month and following months until you hear about that glass bottom, a little monthly at a time.
- sin stock - Cigs, Booze, Junkfood - High yield dividends from companies that make stuff people need daily (cleaning/washing supplies etc) - If you like to play daily like me, you short sell ETF's and Options. So yes.. blame Obama, sit around and watch your your tax dollars go to out of date bloated companies with products and industries people don't want, with massive grandfathered union debts and 60 years of pensions to keep paying out.
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Magnus |
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#35 | |
Confirmed User
Join Date: May 2003
Location: USA
Posts: 6,195
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I just took a look at some of the "sin stock" and I believe you are either a) full of shit or b) some kind of penny stock trader
Are you telling me you sell short ETFs in a market like this AND make money? ![]() Quote:
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#36 |
aka K-Man
Industry Role:
Join Date: Oct 2001
Location: The Gutter
Posts: 29,282
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im not in the market, as i prefer to control my money with my own businesses, but now would seem like a good time to buy if you were IN the market.
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#37 |
Beer Money Baron
Industry Role:
Join Date: Jan 2001
Location: brujah / gmail
Posts: 22,157
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I just bought some more GE, Ford and Bank of America.
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#38 |
Confirmed User
Join Date: May 2003
Location: USA
Posts: 6,195
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#39 |
Beer Money Baron
Industry Role:
Join Date: Jan 2001
Location: brujah / gmail
Posts: 22,157
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Are you flirting with me? You're kinda cute too.
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#40 |
Confirmed User
Industry Role:
Join Date: Apr 2004
Location: Mountain View, CA
Posts: 5,835
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There is so much money on the sidelines right now from all the selling that when it does come back in it's going to be faster then a lot of people think. Many won't be able to get in fast enough for the bottom they are waiting for. Now is a good time to buy as long as it's diversified. ETFs and index mutual funds.
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#41 | |
Confirmed User
Join Date: May 2003
Location: USA
Posts: 6,195
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You have a lot of faith in a market that is completely revolting against the current American administration. The cash will stay on the sidelines for years just like it did during the depression, because make no mistake about it, this IS a depression.
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#42 |
So Fucking Banned
Industry Role:
Join Date: Apr 2001
Location: the beach, SoCal
Posts: 107,090
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#43 |
Confirmed User
Industry Role:
Join Date: Dec 2002
Location: Ontariariooooo
Posts: 1,211
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Yes and for as long as your economy is in the shitter..I will continue to do so.
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Magnus |
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#44 |
Confirmed User
Join Date: May 2003
Location: USA
Posts: 6,195
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#45 | |
Confirmed User
Industry Role:
Join Date: Apr 2004
Location: Mountain View, CA
Posts: 5,835
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Quote:
http://finance.yahoo.com/q/bc?s=^DWC&t=6m We are at the same place we were in November's low. But with the way the media has been covering the market (focusing more on the DOW) it sounds worse. The Dow Jones Industrial average is outdated and under represents our industries. There are only 30 stocks in there. |
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#46 |
ICQ: 197-556-237
Join Date: Jun 2003
Location: BRASIL !!!
Posts: 57,559
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__________________
I'm just a newbie. |
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#47 | |
Confirmed User
Industry Role:
Join Date: Dec 2002
Location: Ontariariooooo
Posts: 1,211
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Quote:
WTF does being at GTS and the world markets have to do with anything?
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Magnus |
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#48 | |
Confirmed User
Join Date: May 2003
Location: USA
Posts: 6,195
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Actually Sagi you are BELOW Novembers bottom, I cant believe you dont see the complete wealth destruction across all indexes. Look at a comparison chart betwenn the S&P and Wilshire. This is carnage and it isnt stopping, sure you may have a couple small rallys but the overall trend is absolutely sickening.
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#49 | |
Confirmed User
Join Date: May 2003
Location: USA
Posts: 6,195
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The point is a President making a blanket statement that now is a good time to buy stocks when he knows damn well they will lose money is completely irresponsible and borderline criminal. I understand you dont want him talking about how bad it is, but dont give bad advice. The President of the United States isnt some TV analyst, his words are completely parsed and taken literally.
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#50 |
Confirmed User
Join Date: Dec 2004
Location: Unknown
Posts: 4,283
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Since the president of the USA says so. I'm now a stock broker
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