Screw the Stock Market...

[RobinFinderson]

Pre-apostasy or post-?

If pre, I'm going to add this to my "faith promoting stories related to Tithing" file.

Very much post.

[Flystripper]

Talk about a bi-polar market or what the professionals call a "trading range".

Anyone going all long or short right now might prove to be very smart down the road. If they are doing it for the short term, they have shit for brains, IMHO.

Oh and while we seem to be moving up I sure hope the Prez. doesn't screw it up with his speech tonight. He could do a world of good for the market and the economy by just saying, I don't know shit and neither do my academic trained advisors. Therefor we are moving out of the way and see what happens.

I wouldn't bet on that. If I were going to speculate (and I am not and I don't) I might go short today believing that he will saying something unhelpful. If I were to actually go short you are right that I would probably have shit for brains. I don't trust Obama to not say somthing that will have a short term negative shock to the market. It seems like that is what he does...

[Uncle Ted]

Talk about a bi-polar market or what the professionals call a "trading range".

Anyone going all long or short right now might prove to be very smart down the road. If they are doing it for the short term, they have shit for brains, IMHO.

Oh and while we seem to be moving up I sure hope the Prez. doesn't screw it up with his speech tonight. He could do a world of good for the market and the economy by just saying, I don't know shit and neither do my academic trained advisors. Therefor we are moving out of the way and see what happens.

[byu71]

Talk about a bi-polar market or what the professionals call a "trading range".

Anyone going all long or short right now might prove to be very smart down the road. If they are doing it for the short term, they have shit for brains, IMHO.

Oh and while we seem to be moving up I sure hope the Prez. doesn't screw it up with his speech tonight. He could do a world of good for the market and the economy by just saying, I don't know shit and neither do my academic trained advisors. Therefor we are moving out of the way and see what happens.

[Green Monstah]

We moved to Westwood right about the time I was gearing up to switch to teaching math, so I was going to go without a regular paycheck for a bit while I was back in school picking up some required classes. This meant that we needed to draw from our savings for a few months, and that meant selling a bunch of stock. I felt sick at the time, because I was selling a number of positions at a loss, and other positions at break-even, even though all of those stocks had been up significantly within the previous 12 months. Well, as it turns out, I was very lucky. Had those stocks remained in the market, we would have lost half of our savings. So every time I look at my former positions, I let out a big sigh of relief.

Pre-apostasy or post-?

If pre, I'm going to add this to my "faith promoting stories related to Tithing" file.

[byu71]

...and daylight savings time, too.

That's all.

You actually might make a good market indicator. Let's us know when you are elated or pissed off at the market.

[wuapinmon]

The first loss is usually the best one. Keep your mistakes small. It's not a gain until you take it.

Some words of wisdom from the best fund manager I know

I bought a bunch of shares of BAC on Friday at 7.00. I've got a Limit Sell at $7.57. I hope it sells tomorrow so I can have settled funds to play with on Thursday. If it drops below $6.65, I'm out.

[Viking]

The first loss is usually the best one. Keep your mistakes small. It's not a gain until you take it.

Some words of wisdom from the best fund manager I know

[wuapinmon]

I've made money the last two weeks. Limit buy low, limit sell high. CQB, BAC, and RRC, thank you.

[RobinFinderson]

We moved to Westwood right about the time I was gearing up to switch to teaching math, so I was going to go without a regular paycheck for a bit while I was back in school picking up some required classes. This meant that we needed to draw from our savings for a few months, and that meant selling a bunch of stock. I felt sick at the time, because I was selling a number of positions at a loss, and other positions at break-even, even though all of those stocks had been up significantly within the previous 12 months. Well, as it turns out, I was very lucky. Had those stocks remained in the market, we would have lost half of our savings. So every time I look at my former positions, I let out a big sigh of relief.

[Viking]

...and daylight savings time, too.

That's all.

Why? I love this market.

[The Fourth Nephite]

...and daylight savings time, too.

That's all.