• We’re currently investigating an issue related to the forum theme and styling that is impacting page layout and visual formatting. The problem has been identified, and we are actively working on a resolution. There is no impact to user data or functionality, this is strictly a front-end display issue. We’ll post an update once the fix has been deployed. Thanks for your patience while we get this sorted.

***Official*** 2012 Stock Market Thread

Page 7 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.
also greece broke off talks in halving their debt payment.

they owe $14B payment in march. the talks would have halved that to $7B and written off the other 1/2.

greece is inching closer and closer to default.
 
Ratings agency Standard & Poor's has downgraded the government debt of France, Austria, Italy and Spain by one notch, but maintained Germany's at the coveted 'AAA' level.
The cuts, which eliminated France and Austria's triple-A status, deal a heavy blow to the currency union's ability to fight off a worsening debt crisis.
Italy was lowered to BBB+ from A. Spain slipped to A from AA-.
 
Imp said:
France, Italy, and Portugal downgraded. Some other ones too. No surprise, but let's see what happens Sunday night!

Just announced, so can't find a story to link to yet.

Boo ya for 80% cash. Stuck with my TGT since it's TGT... Probably will regret it, but meh, 80% cash insurance.
Click to expand...

i'm 100% in stocks, but got rid of my margin (67% usage @3% 😱) this week.

wait till nov to meet long term gain's 15% tax rate b4 selling non-margin postiions.
(or longer than nov 2012 if the extend/kill the 15% rate expiration)
 
Last edited:
Intel17 said:
Agreed. I'm 80% cash, so, to quote the Klingons, "It is a good day to buy!"
Click to expand...

I'm waiting at least a few days. Hopefully, it melts back down to the lows of the last trough with the DOW in the low 11,000 range. Even better would be a complete meltdown that breaks through the 11k mark.

Maybe it'll surprise me and everyone apparently forgets about Europe by Wed, and we rally more.
 
Most of the downgrades were expected, which is why the market didn't crash, but it looks like we aren't going past 12,500 on the Dow until Europe is resolved.

Greece is definately the big worry. Creditors don't want to take a 50% haircut, so they are likely to take a 100%. Even if they agree to a 50% payback of Greek bonds, Greece will still have huge interest rates for good. They should probably throw Greece to the wolves and try to save italy and Spain with the bailout.
 
For some reason, I'm not too surprised by markets today. At the same time, I am seriously going to give it a week before putting any more money in.

I just can't forget that the market is literally retarded... Keep thinking back to the August 6-ish meltdown: no one was really worried about the US defaulting, but hey, after all is "fixed", it suddenly crashes on "Europe worries" - whatever the hell that means.

Also, don't ignore the effect of the US holiday: shit moved nowhere the week between Christmas and New Years, but popped huge the second everyone was back at work in the US of A.
 
hm.. thinking about shorting oil.. $100k worth

no way is iran going to go thru it's threat
(at least i'm betting their not)
 
JEDI said:
hm.. thinking about shorting oil.. $100k worth

no way is iran going to go thru it's threat
(at least i'm betting their not)
Click to expand...

Everyone's saying that if Iran blocks the strait, they block their own shipments of oil and just about everything else, effing themselves 10x worse than everyone else.

And if they do, there are piplines existing/on the way to bypass the strait. Obviously, capacity would be fuxxored.
 
I'm guessing APPL is good for about a 20 point run up to the 24th.

Not sure if I'll hold through earnings, thinking about it pretty seriously...
 
Last edited:
Hugo Drax said:
What would be your variation margin requirement to maintain such a position with the CME?
Click to expand...

Assuming he used March e-minis for the financial aspect it would be $5,350 (2 contracts of 500 barrels) for maintenance so variation margin at contract initiation is $1,872 assuming you wanted to withdraw it all.

If he wanted to use the front month even though its days to ex is not that high it would be $1,960. ($5,600 maintenance)

Big crude is +- the same, however the physical netting is a bit more cumbersome.

Obviously if he withdrew all the variation and the price dropped even a minimum tick it would result in deposits up to the initial margin requirement. Did you mean what is the maintenance margin?
 
IHateMyJob2004 said:
WFC up in pre-market 1.7%

Sucks that I sold it at $27.??
Click to expand...

Psh.. I sold SU at $28-ish, bought at $27-ish. Now at $32-$33. FML. Bought it just as Iran was starting their bullshit, but didn't see it move for a week in response, so sold. Then it went up when holidays ended week of Jan 1.



Okay, so still rallying... At least Citigroup fropped 6%. I'll get into that when it goes below $25-$26. Sold TGT today for a smallish gain ($200 not TOO shabby) - it's just been stagnating for "too long" and I'm assuming a downtrend. Oh well, means more money to play C if I'm wrong.
 
JEDI said:
ah.. was thinking of a free program 😛
Click to expand...

Honestly, it's f*ckin bunk since it's almost all based on charts and other graphic metrics and doesn't provide any real analysis of what's going on with the company financials, industry, economics or politics. Think about it...it reports how well some of its good recommendations did but doesn't tell you about the bad recommendations...much like how day traders talk about their gains but nothing else 🙄

Considering it's a paid service, I can't imagine how much better a free service is D:
 
Imp said:
Psh.. I sold SU at $28-ish, bought at $27-ish. Now at $32-$33. FML. Bought it just as Iran was starting their bullshit, but didn't see it move for a week in response, so sold. Then it went up when holidays ended week of Jan 1.



Okay, so still rallying... At least Citigroup fropped 6%. I'll get into that when it goes below $25-$26. Sold TGT today for a smallish gain ($200 not TOO shabby) - it's just been stagnating for "too long" and I'm assuming a downtrend. Oh well, means more money to play C if I'm wrong.
Click to expand...

How do you figure for C to drop another 10 points?

EDIT: never mind though it was in the 30s.

I might have to jump into nVidia if they drop any further. I'll wait to see what it does tomorrow. 13.50 was what I was waiting for.
 
Last edited:
You must log in or register to reply here.

TRENDING THREADS

Back
Top