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[SaintessHeart]

Originally Posted by ganbaru

How know ? And if they start a new Middle-Age ( just one with modern firearm ) ?

But there are no Turks, Mongols, etc to kill.

[ganbaru]

Originally Posted by SaintessHeart

But there are no Turks, Mongols, etc to kill.

Don't worry, they would find anothers enemies or they could also shoot each others.

[Vexx]

I love it when my portfolio drops 4% in one day when nothing has changed except for the Fed grumbling something that everyone already knew... lazy ass institutional investors asleep at the wheel and twitching.

http://www.nytimes.com/2011/09/23/bu...er=rss&emc=rss

[GDB]

Originally Posted by Vexx

I love it when my portfolio drops 4% in one day when nothing has changed except for the Fed grumbling something that everyone already knew... lazy ass institutional investors asleep at the wheel and twitching.

http://www.nytimes.com/2011/09/23/bu...er=rss&emc=rss

Only 4%? Not bad. It drops 9% just from someone in the Fed sneezes.

[Vexx]

Originally Posted by GDB

Only 4%? Not bad. It drops 9% just from someone in the Fed sneezes.

Well... its still down nearly 40% from 2006, so each grumble and sneeze just piles on top. People 10 years older than me (like my aunt and uncle) have had their retirement plans ripped away because they can't wait 20 years for a recovery. But hey, the top .01% of the US is doing just fine and making huge profits at the expense of the rest of us they gamble, we get chained with the consequences.

[TinyRedLeaf]

Originally Posted by Vexx

I love it when my portfolio drops 4% in one day when nothing has changed except for the Fed grumbling something that everyone already knew... lazy ass institutional investors asleep at the wheel and twitching.

Hmm... mine dropped around 4 per cent today as well. And, no, I'm not perturbed, because it's nothing compared to the shock I had last month, when it dropped all of 20 per cent in just two weeks.

That said, this could be yet another opportunity to fish in troubled waters. I'm still bleeding red, but I did manage to ameliorate the damage by the end of August with some lucky buys. It has otherwise been a turbulent September. Best to hold cash and wait out the storm.

[SaintessHeart]

You guys aren't the only ones grumbling - anyone invested in US (including fund managers, remisers and bank workers) are pretty annoyed at how the government is playing the chicken-duck game while Wall Street is getting ready to fry them.

IMO, wait it out till mid-October. Though I feel that Santa may not be so generous to traders/investors this year.

Originally Posted by Vexx

Well... its still down nearly 40% from 2006, so each grumble and sneeze just piles on top. People 10 years older than me (like my aunt and uncle) have had their retirement plans ripped away because they can't wait 20 years for a recovery. But hey, the top .01% of the US is doing just fine and making huge profits at the expense of the rest of us they gamble, we get chained with the consequences.

Play the same game of "bare-handed hot potato ping-pong". Buy-sell as fast as you can respond - maybe you have more energy than I do since I am so tired from work that I can't even respond at the position I want.

[Vexx]

Originally Posted by SaintessHeart

You guys aren't the only ones grumbling - anyone invested in US (including fund managers, remisers and bank workers) are pretty annoyed at how the government is playing the chicken-duck game while Wall Street is getting ready to fry them.

IMO, wait it out till mid-October. Though I feel that Santa may not be so generous to traders/investors this year.



Play the same game of "bare-handed hot potato ping-pong". Buy-sell as fast as you can respond - maybe you have more energy than I do since I am so tired from work that I can't even respond at the position I want.

The problem comes when I (as an individual investor) don't have access to the kinds of information and micro-second transactions that the large institutions have. My favorite is "stocks close at 75 quatloos" and the next morning "stocks OPEN at 45 quatloos". Not open-at-75-and-drop-to-45 or it probably did but the drop took all of .01 seconds.

Mutual funds are supposed to be the solution for schmucks like me... but they just seem to be able to bleed more slowly. I should have kept my Canadian (1:.75) and Japanese (1:120) money piles and moved stocks to currency speculation during the Bush administration, meh.

[Ithekro]

I was unaware that the Providers instituted the quatloo into the open market.
That shows there "hand" so to speak.

[Vexx]

Originally Posted by Ithekro

I was unaware that the Providers instituted the quatloo into the open market.
That shows there "hand" so to speak.

Okay, thrall, back to work

[SaintessHeart]

Originally Posted by Vexx

The problem comes when I (as an individual investor) don't have access to the kinds of information and micro-second transactions that the large institutions have. My favorite is "stocks close at 75 quatloos" and the next morning "stocks OPEN at 45 quatloos". Not open-at-75-and-drop-to-45 or it probably did but the drop took all of .01 seconds.

Mutual funds are supposed to be the solution for schmucks like me... but they just seem to be able to bleed more slowly. I should have kept my Canadian (1:.75) and Japanese (1:120) money piles and moved stocks to currency speculation during the Bush administration, meh.

According to this chart,



We are at the market top because everyone just went for energy this year, following the Fukushima and Libya crisis. I am pretty fearful that there might be a double-dip recession following the 2008 meltdown, so maybe next year it is another good time to buy the heck up.

Then again, this idea of sector rotation is more often used for trading rather than investing, so you might want to take whatever I wrote with tons of salt.

Bernanke thinks he can hold the market cycle by keeping the interest rates low for a long time, but the market cycle still continues. With so much hot money flowing around, the next bottom is going to be so much lower.

Before anyone here touches the "buy" button, I would recommend looking at this to determine where you are. Maybe me working 12h/6D to keep my off my paper account for the past 2 months is some kind of blessing in disguise.

[DonQuigleone]

Originally Posted by Vexx

The problem comes when I (as an individual investor) don't have access to the kinds of information and micro-second transactions that the large institutions have. My favorite is "stocks close at 75 quatloos" and the next morning "stocks OPEN at 45 quatloos". Not open-at-75-and-drop-to-45 or it probably did but the drop took all of .01 seconds.

Mutual funds are supposed to be the solution for schmucks like me... but they just seem to be able to bleed more slowly. I should have kept my Canadian (1:.75) and Japanese (1:120) money piles and moved stocks to currency speculation during the Bush administration, meh.

Surely the best solution is to buy a bunch of decent stocks, that will have a good long term return year on year (5-10% and above would be good) and just sit on them. Keep an eye on the businesses, and if you see they have problems, minimise your exposure. A day to day loss of 4% isn't particularly important when you know the fundamentals of a business is sound.

Buying and selling loads of stocks is just a fast way to stack up underwriting fees.

That said, I haven't invested before, due to not having the cash to do it, so perhaps I'm missing something.

[solomon]

So I'm a noob, is it really necessary to have stock options and all that to live a good life in the states......

Cause to me it seems like nothing more sure than Vegas at this point. If I can't trust banks with my money why should I trust Wall Street?

[solomon]

Also rather surprised this hasn't been mentioned today...

http://www.bbc.co.uk/news/world-us-canada-15013860

I mean I was was surprised myself when the Troy Davis case was being reported on FRANCE 24 in the morning.

Black talk radio has been going on about it for months. I don't regularly listen to it, but my mom says there has been a real stink about the case especially in the last few weeks.

Me? I'm not 100% anti death penalty, but the entire thing seems real fishy to me.......also I am more magnanimous than others but it's hard not think that race played a part in it....

[TinyRedLeaf]

Originally Posted by DonQuigleone

That said, I haven't invested before, due to not having the cash to do it, so perhaps I'm missing something.

Day trading.

Originally Posted by SaintessHeart

Though I feel that Santa may not be so generous to traders/investors this year.

The rest of this year is probably toast, though we won't know for certain until third-quarter results start coming out in the next few weeks to a month. Certain tech stocks might actually be worth looking into — those that deal with servers and enterprise services, for example, IBM.

Originally Posted by SaintessHeart

Bernanke thinks he can hold the market cycle by keeping the interest rates low for a long time, but the market cycle still continues. With so much hot money flowing around, the next bottom is going to be so much lower.

The market will fix itself, if the Fed can fix stubborn unemployment, which is what the latest "twist" is supposed to be about.

I'm not crossing my fingers.

[Vexx]

Originally Posted by solomon

Also rather surprised this hasn't been mentioned today...

http://www.bbc.co.uk/news/world-us-canada-15013860

I mean I was was surprised myself when the Troy Davis case was being reported on FRANCE 24 in the morning.

Black talk radio has been going on about it for months. I don't regularly listen to it, but my mom says there has been a real stink about the case especially in the last few weeks.

Me? I'm not 100% anti death penalty, but the entire thing seems real fishy to me.......also I am more magnanimous than others but it's hard not think that race played a part in it....

That was a tragic disaster ... and it was clearly more important to the judiciary that judicial process memes not be challenged than a quite likely innocent man not die. The law enforcement and prosecution screwed with the evidence and testimony so badly that I'm still just kind of astounded it got this far.

I'm not against the death penalty per se, but I'm reaching the position that our authorities are intrinsically *incompetent* (or malevolently prejudicial) in getting the right perpetrators so I can't support it anymore.

[DonQuigleone]

Originally Posted by TinyRedLeaf

Day trading.

Hmmm... Seems like a lot of complicated language for what seems to be essentially gambling.

Why not just bet on the races?

[Xellos-_^]

Originally Posted by solomon

So I'm a noob, is it really necessary to have stock options and all that to live a good life in the states......

Cause to me it seems like nothing more sure than Vegas at this point. If I can't trust banks with my money why should I trust Wall Street?

forget stocks, buy commodity, buy real estate, get something tangible.

Originally Posted by DonQuigleone

Hmmm... Seems like a lot of complicated language for what seems to be essentially gambling.

Why not just bet on the races?

if you understand it, it has better odds and better tax rates.

[AnimeFan188]

"WikiLeaks founder Julian Assange has lost control of more than just the U.S.
State Department cables he possessed. He has also lost control of a memoir he
had planned to publish.

Assange’s British publisher, Canongate Books, announced on Wednesday that it
would release an unauthorized memoir about Assange on Thursday, despite his
objections to the project and attempts to pull out of a previous agreement with
the publisher."

See:

http://www.wired.com/threatlevel/201...ssange-memoir/

[TinyRedLeaf]

Originally Posted by Xellos-_^

forget stocks, buy commodity, buy real estate, get something tangible.

How's your potato farm coming along?

Originally Posted by Xellos-_^

if you understand it, it has better odds and better tax rates.

Jokes aside, the key word is right there. It doesn't matter what you buy. It matters more that you understand what you're buying and what you intend to do with it. Stocks can be be attractive at the moment, if you're looking to buy good value at significant discount. Conversely, real estate might seem like a no brainer, until you recall what triggered this whole mess just over three years ago, the lingering effects of which remains a contributing factor to US unemployment today.

Sadly, it's a wrenching time to be a young jobseeker.