stocks and ish

[Creature]

Me and Vermillion are both pretty active traders.

Current market situations are fucking unreal right now, nobody is making money (down like 12k myself in past 4 or 5 weeks).

200DMA breakout still is winning so far but the market is showing weakness around 950.

Note that all the financials have not yet taken out their 200 DMAs.

Rates are rising along with equity, usually indicative a decline on its way before the fed gov rollovers its trillions of debt.

I'm currently cautiously long on the market, until some big moves show themselves either way.

[Creature]

Also see my previous post that NOBODY replied to back in Feburary

http://forums.trenchwars.org/showthr...ight=gold+bull

Looks like I was correct about my mid-March pullback

Although gold is starting to look very strong in the last few weeks

[HateTheFake]

gold always is strong when the dollars weak, and vice versa when the dollars strong

[Twerp]

my dad bought gold when it was in the 200's, then 300's. I also got a little piece of that action. It's not much, but it is easy money.

[Eric is God]

Took all my money out of the market 18 months ago after the first signs of the collapse. Put it all back in 2 months ago and I'm up around 12%. I'm way too obsessive to invest in individual stocks (I'd be checking the market every 5 min) so I just put everything in funds with 0% fixed income. I figure the markets move sideways for 12-18 months and fully recover in 4-5 years, which works out to a 10-12% annual return.

My retirement plans depend on a 6% return over 22 years (hopefully retiring at 50) so I'm praying we see the return of 10% government bonds again, but I doubt it.

[Mr. 420]

I'm making passing residual income. I'll be retired by age 30.

I mostly invest my time, and some money into my tools, and let the system do the work for me.

[cash.MONay]

Bumping this thread. Gimme some of the names in your portfolio. Here is what I have invested in. Its risky but...im doing ok so far.

950 @ 1.90 ----- FNM
400 @ 3.67 ----- STXS
650 @ 2.20 ----- BPAX
5000 @ 0.196 ----- NWD
350 @ 3.78 ----- C
300 @ 4.97 ----- WEN

Some of the moves were really stupid. Im not much into investing. Rather I like trading. Just hold a stock for a week at max. Unfortunately this strategy has backfired sometimes...causing me to hold the stock as the price drops significantly.

Anyways...tell me what you guys are investing in.

[Blocks]

What brokerages do people use? I'm thinking about starting an account at TradeKing or Scottrade.

[cash.MONay]

Im just using my local bank. Scottrade is good due to low comissions. But I heard...it takes roughly 3 days for them to consolidate your money. Which means you better have some money in your account if you hear a hot tip and wanna buy/sell quick. Otherwise your screwed as you will have to wait for a few days.

Since I have my regular banking account attached to my investing account..I have the luxury of investing instantly with money directly from my bank account. I once miscalculated and bought a few extra shares...and my bank balance went to -1500! lol....But as i do have overdraft protection it was cool. Nothing happened. So yeah scotttrade is ok besides the drawback i mentioned.

I would recommend tdAmeritrade to you. That shit is legit. Check it.

[Ilya]

i use scottrade and the money transfer is instant if you use their money direct transfer option. the first time you transfer money from your bank to scottrade it takes a few days, but after that it's automatic.

my main complaint with it is to transfer money from scottrade back to your bank, you have to request a check and that takes awhile.. they don't do automatic or e-deposits to your bank.

i would look into trade king, $5 trades as opposed to scottrade's $7 and their options trading is cheaper too, i believe

[ÆNIMA]

We don't have enough cash to risk investing directly in the market (don't even have retirement set up yet:/). That's basically why I still play SS. I do have a 4.44% yield checking account at www.fabandt.com.

I seem to think that an ongoing discussion about stocks is relevant only if you day trade. Most people tend to just let em ride.

[Infrared]

chat=marketplace?

:greedy:

[Ephemeral]

IMO, the US economy still has some rough times ahead of it, inflation will be a big challenge for the market within the next 24 months. Only go stocks if you are young (<45) and intend on longer term positions. If not, go gold.

[Vermillion Flame]

Deflation

I believe we are going to be in deflation for maybe a few years before we have to worry about hyperinflation. I had read that at the start of the crisis the whole world had something on the order of 500 trillion dollars leveraged, equivalent to the entire world's GNP for 10 years, and we still have a long ways to go uncreating that money. For that reason I am cautiously increasing a cash position and waiting for a deep pullback in both stocks and commodities, it's tempting to load up on DXD, SKF or DOG. My only long position is my bit of speculative penny stock, ORNI.OB.

Here's a link for e-letters from my favorite analyst: www.johnmauldin.com

[Jerome Scuggs]

i am out of stocks completely. balls deep in commodities