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kmitchell

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: March 16, 2009, 01:50:48 PM

Anyone know how to put on a trailing stop on ETrade?


kmitchell

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#1 : March 10, 2009, 01:18:20 PM

What will come first, 8000 or 6000? I'm pissed, I was going to put $100 on Citigroup and $100 on Bank of America today, and ride it out for years, but they both went up a huge percentage today.


NavyBuc19

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#2 : March 10, 2009, 01:32:11 PM

DOW goes up 300, Tanks 500 tommarow.

Do not take this as a sign of progress....it will only drop in a few days.


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#3 : March 10, 2009, 01:34:42 PM

The market is still trying to find its true bottom.  With that will come many surges and subsequent drops.

But with government intervention getting in the way of market correction, it may take a little longer.


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#4 : March 10, 2009, 01:42:07 PM

Agreed.

Was tempted to buy in a bit today but then thought better of it.  We had a several of these pseudo rallies already only for it to drop like a rock days later.


*******************************Luck happens when hard work meets opportunity.

olafberserker

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#5 : March 10, 2009, 01:47:30 PM

Hey, come on let some of us have a few moments without dispair.

Morgan

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#6 : March 10, 2009, 01:52:48 PM

even the experts can't predict this market- that's why a long term investment strategy with dollar-cost averaging is the best way to go.

ufojoe

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#7 : March 10, 2009, 01:59:51 PM

even the experts can't predict this market- that's why a long term investment strategy with dollar-cost averaging is the best way to go.

LOL. You've been saying that since Dow 14,000.

And sorry to break it to you, but the "experts" that myself, dr3Z, White Tiger and plenty of other posters have been reading/watching and posting were
warning about this for a long time. If you were smart, you got out near the top and are waiting on the sidelines for a clear sign of some sort of bottom.

Expect Dow 1000-5000 before this is over. That may not be this year. A rally may come first.

Morgan

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#8 : March 10, 2009, 02:17:18 PM

Only loss is on paper until you actually sell. Anyone that needed their money in 2-5 yrs had no business in the market. If anything, should have been in bonds/CDs.

People who need their money in 15-20 yrs, myself included, should continue to invest in the bargains.

ufojoe

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#9 : March 10, 2009, 02:34:03 PM


Like I said, the smart folks listened to the numerous warnings and were on the sidelines when the crap hit the fan. Unfortunately, not too many of those folks are out there. Too many listened to the CNBC cheerleaders who were predicting a rally "any day now" or reading book where the author predicted Dow 20,000+...

TheGladiator

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#10 : March 10, 2009, 04:36:17 PM

....been reading a lot recently about a bear market rally (rally to the upside for a short time within a bear market).  Like Joe says, "don't believe the hype" when you see/hear the cheerleaders jump back on the bulls.   

Every time I think a low number is not achievable; we get there and lower. 


Scholty

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#11 : March 10, 2009, 04:54:25 PM

Only loss is on paper until you actually sell. Anyone that needed their money in 2-5 yrs had no business in the market. If anything, should have been in bonds/CDs.

People who need their money in 15-20 yrs, myself included, should continue to invest in the bargains.
Dude.  You just don't get it do you?  Way more then 2-5 years of gains have been wiped out. 

You don't start to invest and go back into it until the market has stabilized somewhat.  Yes, you'll leave money on the table by not hitting true bottom BUT at least you have a baseline.

*******************************Luck happens when hard work meets opportunity.

ufojoe

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#12 : March 10, 2009, 05:11:39 PM


That's why swing trading appeals to me, scholty. You don't have to guess where the final bottom will be. The swing trade service I subscribe to had some decent picks over the past few weeks. Well, after today that is...

Right now, I have no money to trade with so I just watch the videos and keep track of his hits and misses. Not too many misses in the past few months. But then again, he doesn't force the issue and waits for the charts before making a recommendation. Patience...

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#13 : March 10, 2009, 05:19:19 PM

Whats sad is:

1) People get happy when its up
2) 300 points = a +5% swing

Let it go up 2000+ in a week and I'll start pumping cash back in. Intil then this is just a pump and dump for the big hedge funds, watch.


Morgan

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#14 : March 11, 2009, 01:31:36 PM

Jon Stewart has had a few bits on Jim Cramer's rotten picks, poor advice, and stupid props. Funny video from last night's show.....


http://www.thedailyshow.com/video/index.jhtml?videoId=220510&title=basic-cable-personality-clash
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