Stock Market Game

[lutach]

Originally Posted by Finnster

FFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFUUUUUUUU UUUUUUUUUUUUUUUUUU$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ $$$$$$$<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<.

This market sucks. Oh how I wish I would have held onto my cash. I'm afraid to open the game to see how much $$ I'm down.

It kind of went up a little too fast. I would've felt better if it went up slowly. Lets see how far down it'll go. I'm down big time in the game as well.

[lutach]

Lets see if we're going to be green today.

[lutach]

Did somebody hit the panic button?

[Finnster]

Originally Posted by lutach

Did somebody hit the panic button?

I tried to. Turns out it was out of service and the parts are on backorder.
somehow ended in the green tho.
Not that it matters much, alot of my holdings are down 40% from a few weeks ago

[lutach]

Originally Posted by Finnster

I tried to. Turns out it was out of service and the parts are on backorder.
somehow ended in the green tho.
Not that it matters much, alot of my holdings are down 40% from a few weeks ago

I ended positive today, I'm shocked. Lets see where things will stay heading to the right and up instead down .

[lutach]

Go WAMUQ and LEHMQ , EDAP is showing good sign as well. Finally got more buying power so I'll be loading up some C and a few others I like.

I would love to see the market track sideways for a while instead of going up or down sharply.

[Finnster]

A few of my stocks have picked up finally again and given me some buying power back. Hopefully some good things will follow. I've wanted to do some things, but a couple major positions were so far down I was just stuck. We'll see what happens. G/l

[lutach]

Originally Posted by Finnster

A few of my stocks have picked up finally again and given me some buying power back. Hopefully some good things will follow. I've wanted to do some things, but a couple major positions were so far down I was just stuck. We'll see what happens. G/l

If I see one of my lagging position getting some steam, I just pick up more at the cheaper price and hope for the best . It usually pays out good in the end.

[lutach]

Originally Posted by lutach

Go WAMUQ and LEHMQ , EDAP is showing good sign as well. Finally got more buying power so I'll be loading up some C and a few others I like.

I would love to see the market track sideways for a while instead of going up or down sharply.

Quoting myself here.... Damn WAMUQ and LEHMQ.

[Finnster]

Originally Posted by lutach

If I see one of my lagging position getting some steam, I just pick up more at the cheaper price and hope for the best . It usually pays out good in the end.

That's assuming you had any $ to buy. I had nothing to avg down w/. ;)

Did avg down on a couple things, mostly some realignments. I'm still way down on PNX from oct. Stupid me tried to daytrade it a bit at the top after I made a really nice gain in it, held it too long and rode it all the way back down. The margins in this game can really hurt you if you are on the wrong side of it. Sell for too much of a loss and its really hard to get the buying power back had you just held on to it thru the dip. eh, oh wells.

We'll see how it does, I like this mix of stocks better than the ones I had for the last couple mos. Might be a bit to realize, but hopefully plays out well.

[lutach]

Originally Posted by Finnster

That's assuming you had any $ to buy. I had nothing to avg down w/. ;)

Did avg down on a couple things, mostly some realignments. I'm still way down on PNX from oct. Stupid me tried to daytrade it a bit at the top after I made a really nice gain in it, held it too long and rode it all the way back down. The margins in this game can really hurt you if you are on the wrong side of it. Sell for too much of a loss and its really hard to get the buying power back had you just held on to it thru the dip. eh, oh wells.

We'll see how it does, I like this mix of stocks better than the ones I had for the last couple mos. Might be a bit to realize, but hopefully plays out well.

Yes, for me the $ was gone for a while, but now I'm using some of my gains and dumping it mainly on C.

[lutach]

Man C is doing a good job for me in the game now. I hope it stays bellow from the initial price I paid to rack up more profit if my other positions goes well to give me more buying power.

[Finnster]

Originally Posted by lutach

Man C is doing a good job for me in the game now. I hope it stays bellow from the initial price I paid to rack up more profit if my other positions goes well to give me more buying power.

I had picked up a little bit last week ~$3.50, not a major position tho.
Curious to your thoughts on C. They've been selling off a lot of units to repay debt, but do you think they will finally breakout from the $4-5 ceiling they've had for the last year?

[lutach]

Originally Posted by Finnster

I had picked up a little bit last week ~$3.50, not a major position tho.
Curious to your thoughts on C. They've been selling off a lot of units to repay debt, but do you think they will finally breakout from the $4-5 ceiling they've had for the last year?

Well, C like many other banks in my point of view stands for "Criminals" . Now, if you want to look at it another way "$$$$$", it can make you some money, but "When?" is the magical question. All the large cap stocks are good to hold specially the ones at bellow $10. Me personally, I have no stocks , don't really need it now. The real economy (Behind what is posted by the media) looks like crap, so I really don't know if it might be a good time to buy anything that has no value. It's only a matter of time before things might go south for good. I honestly hope I'm 10000000000000% wrong though.

[lutach]

Finally green on C in the game. Lets see how long it'll stay there. I might clean up my portfolio and just go with solid positions. What do you think Finnster? Do you have any good picks I don't know about?