View Full Version : It's fed day...again!
Jiddy78
08-07-2007, 11:45 AM
*crickets*
Vegas
08-07-2007, 12:29 PM
*crickets*
Lots of skittish nerves today it seems.
Jiddy78
08-07-2007, 12:33 PM
Lots of skittish nerves today it seems.
Contrary to what most believe, if they cut the rates, I expect the Dow to fall a massive amount...Investors with real dough would be petrified more than relieved...
I'd like another 17 jacks, personally. :cool:
Jiddy78
08-07-2007, 12:35 PM
Lots of skittish nerves today it seems.
BTW, as there should be. Blood in the streets...I'm tellin' ya. Get that gun before the commies get into office and tell you that you can't.
BoredWithNoSB
08-07-2007, 01:03 PM
Bah, our stock is already down 50% in the last 75 days. Bring it on baby. I've never worked for a company that has had their stock delisted. Could be a first.
Jiddy78
08-07-2007, 01:39 PM
Bah, our stock is already down 50% in the last 75 days. Bring it on baby. I've never worked for a company that has had their stock delisted. Could be a first.
Five bucks says if you go to the petty cash drawer that there is a receipt written on a napkin with a lipstick mark signed "Many tanks, luv Sasha, yur forein frend"
Jiddy78
08-07-2007, 03:58 PM
Survey says!?!?
*crickets*
BoredWithNoSB
08-07-2007, 05:12 PM
Survey says!?!?
*crickets*
We only lost 3%. Not bad.
Book retailer Borders Group (BGP - Cramer's Take - Stockpickr - Rating) has been downgraded to sell. The company has been burdened by deteriorating net income, generally weak debt management, disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself. Other than that, things are fan-flippin-tastic.
***Good career move Mike*** :rolleyes:
ryr8828
08-07-2007, 06:59 PM
No cut, no increase.
Cramer went off yesterday.
http://www.youtube.com/watch?v=_Tfw0u6HmEM
Haha...I thought he was going to cry. Dude was pissed.
Jiddy78
08-07-2007, 07:26 PM
Haha...I thought he was going to cry. Dude was pissed.
I saw that one on Friday...Hilarious stuff...But it won't be funny when the same attitude is translated to Joe Six Pack and his sawed off...
I saw that one on Friday...Hilarious stuff...But it won't be funny when the same attitude is translated to Joe Six Pack and his sawed off...
How influential do you think CNBC has become in our markets? To you and me I consider what they say "old news" and if I listen to them I am going to lose my ass after all the fund companies pull out on the gains from my investemnts. After the fact news? Great. Tips? Thanks, but I already bought that 6 months ago. Thanks for letting me know it is time to sell soon though.
Jiddy78
08-07-2007, 07:36 PM
How influential do you think CNBC has become in our markets? To you and me I consider what they say "old news" and if I listen to them I am going to lose my ass after all the fund companies pull out on the gains from my investemnts. After the fact news? Great. Tips? Thanks, but I already bought that 6 months ago. Thanks for letting me know it is time to sell soon though.
CNBS...News is noise. Purely for entertainment
It pisses me off that my buddy is throwing keys on the table on a home he purchased for 250k that he refi'd to 400k over the last 3 years and now can't sell...Meanwhile, a major homebuilder gives him another home for 500k 10 years no interest...He and his wife make a combined 80k. That kind of stuff I tire of reading about and hearing about, so I limit my intake for my own sanity, which is hanging by a thread when thinking about this crap.
Vegas
08-07-2007, 07:43 PM
How influential do you think CNBC has become in our markets? To you and me I consider what they say "old news" and if I listen to them I am going to lose my ass after all the fund companies pull out on the gains from my investemnts. After the fact news? Great. Tips? Thanks, but I already bought that 6 months ago. Thanks for letting me know it is time to sell soon though.
I agree that CNBC gives old info. But I absolutely believe that individual investors can get into and out of stocks faster than mutual funds can.
CNBS...News is noise. Purely for entertainment
It pisses me off that my buddy is throwing keys on the table on a home he purchased for 250k that he refi'd to 400k over the last 3 years and now can't sell...Meanwhile, a major homebuilder gives him another home for 500k 10 years no interest...He and his wife make a combined 80k. That kind of stuff I tire of reading about and hearing about, so I limit my intake for my own sanity, which is hanging by a thread when thinking about this crap.
You still into real estate? Shouldn't we be ready to buy half the country in the next few years due to foreclosures and then reap the rewards in the next 5?
Tom Joad
08-07-2007, 07:56 PM
It'd be better if today was Dre Day because then everybody'd be celebrating...;)
Jiddy78
08-07-2007, 08:01 PM
I agree that CNBC gives old info. But I absolutely believe that individual investors can get into and out of stocks faster than mutual funds can.
Thus why I call them 201k's...
Jiddy78
08-07-2007, 08:02 PM
You still into real estate? Shouldn't we be ready to buy half the country in the next few years due to foreclosures and then reap the rewards in the next 5?
I'll be buying lots of property for ten bucks and a swift kick in the nuts shortly. Don't buy until you see the whites of their eyes.
I agree that CNBC gives old info. But I absolutely believe that individual investors can get into and out of stocks faster than mutual funds can.
Sure they can, but do you think that CNBC reports fast enough to get those investors that do no research other than listening to "hot stock tips" on CNBC out in time?
abreu
08-07-2007, 08:04 PM
Can't wait to take some econ classes in college so I can fully grasp all this stuff. I get the general outline of what's going on, but it'd be really cool to understand the intracacies of it all.
Jiddy78
08-07-2007, 08:06 PM
Can't wait to take some econ classes in college so I can fully grasp all this stuff. I get the general outline of what's going on, but it'd be really cool to understand the intracacies of it all.
You'll have that financial whore itch in no time m'boy!
I'll be buying lots of property for ten bucks and a swift kick in the nuts shortly. Don't buy until you see the whites of their eyes.
I live in a town that is raided by illegals. Houses are worthless here. My neighbor's home has been on the market since 2006 and his home value has dropped 25% since then. If his home is worth $175K (this is Michigan so homes are worth shit) he has it on the market for $138K right now and no interest whatsoever. This area is going to be dead for a long time anyways. Only reason to move here is if you are an illegal who wants to pick fruit, or if you are retired and want to live in BFE.
It's a great rental area though. With 10 illegals living in one house that has 1 bedroom you can chare them $800 a month and pay $450 a month on your moprtgage. That is if you didn't buy the house for beads.
Vegas
08-07-2007, 08:08 PM
Sure they can, but do you think that CNBC reports fast enough to get those investors that do no research other than listening to "hot stock tips" on CNBC out in time?
People who invest their money based on what's hot on CNBC get what they deserve.
Vegas
08-07-2007, 08:09 PM
Can't wait to take some econ classes in college so I can fully grasp all this stuff. I get the general outline of what's going on, but it'd be really cool to understand the intracacies of it all.
Read this book:
http://www.amazon.com/Free-Choose-Milton-Friedman/dp/038069879X/ref=sr_1_5/105-8323850-0078852?ie=UTF8&s=books&qid=1186528134&sr=1-5
It's the best book on economics ever written.
People who invest their money based on what's hot on CNBC get what they deserve.
lol...that is given. I used to love CNBC when I was in college and the market was ridiculous. Buy Yahoo Monday. Watch it rise $180 in 2 days. Sell it. Watch it go down $100 until Friday. Buy it again on Monday. Same with AOL and all the other ones. AOL split so many fucking times then.
Jiddy78
08-07-2007, 08:14 PM
Read this book:
http://www.amazon.com/Free-Choose-Milton-Friedman/dp/038069879X/ref=sr_1_5/105-8323850-0078852?ie=UTF8&s=books&qid=1186528134&sr=1-5
It's the best book on economics ever written.
Hockin' amazon crap again, eh?
Jiddy78
08-07-2007, 08:15 PM
lol...that is given. I used to love CNBC when I was in college and the market was ridiculous. Buy Yahoo Monday. Watch it rise $180 in 2 days. Sell it. Watch it go down $100 until Friday. Buy it again on Monday. Same with AOL and all the other ones. AOL split so many fucking times then.
I own one stock currently...Bought it private and it's up 400% in 7 years. Yay.
abreu
08-07-2007, 08:17 PM
Read this book:
http://www.amazon.com/Free-Choose-Milton-Friedman/dp/038069879X/ref=sr_1_5/105-8323850-0078852?ie=UTF8&s=books&qid=1186528134&sr=1-5
It's the best book on economics ever written.
Done. Half.com is the greatest.
Vegas
08-07-2007, 08:18 PM
I own one stock currently...Bought it private and it's up 400% in 7 years. Yay.
You should have your own screaming show on CNBC.
Vegas
08-07-2007, 08:19 PM
Done. Half.com is the greatest.
You'll love that book. I've read it over ten times.
Hockin' amazon crap again, eh?
You trying to say that vegas is an Amazon affiliate? lol
I don't see an affiliate code in there. Amazon pays 4% of all referal buys BTW if you guys want to look into it. So anytime you guys recommend shit that people will buy you may as well make a buck or 2 right?
Heh...I guess there is a referral code in there. sr_1_5. Good work, vegas.
Vegas
08-07-2007, 08:41 PM
Heh...I guess there is a referral code in there. sr_1_5. Good work, vegas.
I had no idea. The referral money isn't going to me and I don't know where it's going. If I was paying more attention, I would have had him check my dad's ebay store. He sells tons of books on ebay and half. I just tend to find the links faster on amazon.
I had no idea. The referral money isn't going to me and I don't know where it's going. If I was paying more attention, I would have had him check my dad's ebay store. He sells tons of books on ebay and half. I just tend to find the links faster on amazon.
Odd...maybe that isn't a referral code. I think mine is "serbus1" or some odd shit. When you link to Amazon you can go into your affiliate page and create custom links to products with your affiliate code in it. Only thing is that you can't buy stuff from yourself...lol
Hotpapa666
08-07-2007, 09:44 PM
Can't wait to take some econ classes in college so I can fully grasp all this stuff. I get the general outline of what's going on, but it'd be really cool to understand the intracacies of it all.
Do yourself a favor. Major in Econ. or finance. You'll get a job and make a nice living in one of the few sectors they can't ship overseas.
Jiddy78
08-07-2007, 09:58 PM
Do yourself a favor. Major in Econ. or finance. You'll get a job and make a nice living in one of the few sectors they can't ship overseas.
Accounting.
Jiddy78
08-07-2007, 09:59 PM
You should have your own screaming show on CNBC.
This f*cking guy I know in Vegas says that his house is APPRECIATING!!!
*hits bull button*
MOOOOOOOOO
Hotpapa666
08-07-2007, 10:16 PM
Accounting.
That'll work to. Just don't listen to the folks over in Arts and Sciences (or whatever the Liberal Arts school is called) who preach the virtues of a well rounded education. Get a degree that will make you money.
abreu
08-07-2007, 10:40 PM
Do yourself a favor. Major in Econ. or finance. You'll get a job and make a nice living in one of the few sectors they can't ship overseas.
I'm officially entering as an econ major. Taking a Chinese course my first semester as well.
Might switch to finance, but we'll see.
Hotpapa666
08-07-2007, 11:30 PM
I'm officially entering as an econ major. Taking a Chinese course my first semester as well.
Might switch to finance, but we'll see.
Atta Boy. And don't let anyone talk you out of it. Oh yeah, don't let that Chinese class take your mind off of your serious work. Just learning the fucking characters is an insane amount of work; they use about 2,000 of them in Japan and they frustrate me to no end.
BoredWithNoSB
08-08-2007, 09:41 AM
Yeah, Chinese is going to be a bitch. I'm trying to pick up some Chinese right now with some audio lessons and it sucks.
First lesson was as follows-
Ma= Mother
Ma= Horse
Ma= Dispute
Ma= to form a question
Mai= To buy
Mai= To sell
Language is f'ed up and pisses me off. No way they rule the world with that language.
Jiddy78
08-08-2007, 09:46 AM
I get many an argument that english is one of the worst languages...Don't know why...Most of the time I seem to get my point across with it.
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