Hot Deal: DOW and Nasdaq onsale!

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TheBigZ

Senior member
May 25, 2000
629
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I'm not convinced that the airlines are such a bad deal. When all is said & done, they'll likely end up with some low or no interest govt loans. And the SEC just relaxed some of the rules covering companies buying their own stock. Lets' see... the ability to recapitalize, with little or no interest, at close to 50 cents on the dollar... I don't see the airlines as a bad bet.
 

StrayKnight

Member
Aug 16, 2001
102
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Does anyone have any surefire stock tips? I asked this in off topic, but I was wondering if anyone had a very nice idea of what to choose..

The airline stocks dont seem like a bad idea in thelong run as the previous post stated... something to consider for sure.
 

bobbysworld

Member
Apr 20, 2001
123
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all of those who think they can make a quick buck in the market because of this is sadly wrong. The market will not recover for another 2 years maybe. There have been tremendous drops in equity for companies across the board, save defense orientated companies.

It is very premature and whoever thinks this is a hot deal has absolutely no idea how the stock market works. I urge you to finish your schooling before you open your mouth again.

Dont be too haste to brush off the airline industry, it is an essential part of the U.S. economy...the government will not let them all fail.

Safest bets will come in the defense industry and energy. but safe bets dont make money. you also have to watch out for companies based in NYC, they'll take a hit just because of location.

dont be fooled by the fraudulent claim that this is a hot deal, proceed with caution, thank you

P.S. This should be locked:disgust:
 

bobbysworld

Member
Apr 20, 2001
123
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<< guys, don't forget GreenspaM is the one who singlehandedly created this economy downfall, remember the last rate hike which he shoulda leave alone, and the first rate cut which he shoulda make but he didn't. how come he still hasn't be fired yet?????he's way too old for this job!!!!!!!!! >>



You are clearly unaware of market conditions and the job Greenspan has at hand. You sound very ignorant in your views of the economy. You should go back and take some basic economics course before you attempt to grasp at the complexity of macro economic conditions.

No one can single-handedly do anything to the economy you baffoon.

and work on your grammar, you're an embarrasment to the education system where you come from.
 

McMasterson

Junior Member
Sep 17, 2001
1
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It is a bank interest cut sort of, actually it is the discount rate that was cut by .5%. The discount rate is the rate that federal reserve member banks can borrow from the federal reserve in time of need. It just affects banks interest rates they give consumers because of a domino effect:cool:
 

StrayKnight

Member
Aug 16, 2001
102
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0
Quick buck? If you grab stocks while they are cheap... who cares if its 2 years till they go back up... you'll have made a profit more securely than if you had purchased stocks 2 years ago... thats my opinion anyway.
 

bobbysworld

Member
Apr 20, 2001
123
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<< Come on, bobbysworld, don't you know that many of these people that post are like 9 years old? >>



i just think people who post advice on here that is clearly incorrect should be told so. some unaware person might take this to be true and follow it.
 

bobbysworld

Member
Apr 20, 2001
123
0
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<< Quick buck? If you grab stocks while they are cheap... who cares if its 2 years till they go back up... you'll have made a profit more securely than if you had purchased stocks 2 years ago... thats my opinion anyway. >>



If that's your thinking then of course, you're a perfect investor in the market, just buy it, hold it for a couple years, dont even look at it cause it'll just worry you. It will go up in time, just a matter of how much time you have. defense stocks would be good, but you should look at airline stocks while they are so low
 

ScrapSilicon

Lifer
Apr 14, 2001
13,625
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<<

<< guys, don't forget GreenspaM is the one who singlehandedly created this economy downfall, remember the last rate hike which he shoulda leave alone, and the first rate cut which he shoulda make but he didn't. how come he still hasn't be fired yet?????he's way too old for this job!!!!!!!!! >>



You are clearly unaware of market conditions and the job Greenspan has at hand. You sound very ignorant in your views of the economy. You should go back and take some basic economics course before you attempt to grasp at the complexity of macro economic conditions.

No one can single-handedly do anything to the economy you baffoon.

and work on your grammar, you're an embarrasment to the education system where you come from.
>>

baffoon (buffoon) and embarrasment (embarrassment)
 

KeyzerSoze

Senior member
Sep 4, 2000
507
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LOL.

Anyway, in addition to our economy going into a downward spiral, and with the recent aftermath of the WTC tragedy, the same rules apply: those who think they can jump into the market and make a quick buck are clearly mistaken. The market is a long term investment. You can maybe make a quick buck occasionally as a daytrader, but beware that giving out misleading advice to people in these forums will only worsen situations. My advice is to not look for the quick buck, do some research as always, pick up a decent deal, and go long term. The economy and market will rebound. When, who knows? Just put your money in, and check it next year.
 

4824guy

Diamond Member
Oct 9, 1999
3,102
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<< Hot Deal: DOW and Nasdaq onsale! >>



A sad day, alot of people lost tons of money in the markets just today alone. Alot of money just vanished to nowwhere.

I lost alot, now going to put my head on a pillow and cry.
 

GotMilk

Member
Aug 1, 2001
56
0
0


<< You are clearly unaware of market conditions and the job Greenspan has at hand. You sound very ignorant in your views of the economy. You should go back and take some basic economics course before you attempt to grasp at the complexity of macro economic conditions.

No one can single-handedly do anything to the economy you baffoon.

and work on your grammar, you're an embarrasment to the education system where you come from.
>>




baffoon<------take some courses?? lol
well, i know the complexity of economic and i've been trading for years, the guy just raised one too many time rates to make the market tumble
 

Shredfest

Member
Aug 4, 2000
136
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<< No one can single-handedly do anything to the economy you baffoon.
and work on your grammar, you're an embarrasment to the education system where you come from.
>>



You aren't one to talk about grammar, bobbysworld.

- You should have a comma after economy.
- Buffoon is not spelled with an "a."
- It's embarassment, not embarrasment.

You've also neglected to use correct capitalization at the beginning of some sentences, and you seem to lack even the most basic understanding of when to use a comma versus a semi-colon.

People living in glass houses shouldn't throw stones.

History has shown that this is a good time to buy if you are looking at long-term prospects. However, the big question is what to buy.
 

VaG

Golden Member
Sep 2, 2001
1,324
0
0
Come on bobbysworld at least 3 people have ripped on you now. Don't you have anymore advice?
 

AaronP

Diamond Member
Feb 27, 2000
4,359
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I would wait to refinance. The .5% rate they cut is the discount rate, which is a short term rate, and I think it will take a few weeks for some of the effect of that to trickle down to the longer maturity vehicles.

A .5 rate cut DOES NOT mean that all of a sudden home mortgages are .5% cheaper. Some times , short term rate cuts have no effect on long term rates at all.
 

bobbysworld

Member
Apr 20, 2001
123
0
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<< Come on bobbysworld at least 3 people have ripped on you now. Don't you have anymore advice? >>



well i emphasize less on spelling than i do on grammar, using [make] instead of [made] is a very annoying occurrance.
they have all gone out to get their dictionaries to look up my words, but all have failed to read what I wrote.

My views on the economy and equity markets are sound...and none of those "baffoons" have any basis for discussion.

 

pillage2001

Lifer
Sep 18, 2000
14,038
1
81
I guess alot of people will invest in the Airline Companies for now.

Anybody know any sites where I can buy some stocks?? I'm more like a newbie here and want to know where and how??
Anybody can guide me in this??
 

phatstuff

Member
Apr 9, 2001
102
0
0
(1) Fallen big name stocks does not call for a hot deal. the reason why stocks like airline compaines fell by such a large amount is because institutional investors (i.e. mutual fund companies) sold their stake (this is in the area of hundreds of thousands of dollars). And there is a reason why they are selling. Betting that a stock rebounds from a great fall is pure gambling, and not investing. It really depends on what you're putting your money for. If you want cheap and big brand, go for Palm. They're down 2.40 dollars a share now. If you want something that is a sure investment in years to come, go for something like Qualcomm. It's a tricky trade to buy and sell on rebounds of the economy..

(2) There are some good stocks out there that are good to buy (like those that recovered today's distributions), because people actually were interested in those stocks. But some that fell 7-15% never recovered like some others.. which meant that investors did not have too much faith in those stocks.. Don't take my word for it, but it looked like something like EMC or CSCO was bottoming out. or heck, it could be just buyback.

i have a position in University of Pheonix online (UOPX).. and this is purely long term.. eventually there will be more enrollments in online education.. and there is a 92% institutional holding for this stock, and it rebounded today.. that's just one example of a better investment than some "fallen angel"
 

Syntax

Senior member
Jun 13, 2001
331
0
0
This next week will continue to be a rough ride.... However, think of how the investors will feel when we stike against the terrorists. I dont know but Im sure it could be a nice rally in the markets when we retaliate. I dont see tech stocks doing anything for the next several months like ORCL, CSCO, INTC. But the companies who make secure transmission equip etc are sure to gain. Just think the NSA will be investing heavily in some new equpment. And the laws will probably be changed so that the US can listen in on data on US servers. Any comments?
 

badluck

Diamond Member
Feb 19, 2001
5,357
0
76
bobbysworld:

Don't come here and try to come off as some great economist. I actually had a good laugh at your last few posts.


You are a freakin genius....heh