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Old 10-09-2008, 05:14 PM   #1
Wm Holden
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Exclamation Stock market in toilet

679 down

i predict a run tommorrow with 1000 point drop.
OR they will close the market before it slides that far on friday.


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Old 10-09-2008, 05:17 PM   #2
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i bet they close before noon. Did any one notice that as soon as the bill passed people stopped talking about mark to market and as soon as mark to market change talk stopped the rally in the market stopped? seems like some people need a hint.
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Old 10-09-2008, 05:41 PM   #3
Wm Holden
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before noon +1
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Old 10-09-2008, 06:26 PM   #4
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Just threw in an order for 2000 shares of GM for tomorrow at an undisclosed price. A man needs to take some risk.
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Old 10-09-2008, 06:30 PM   #5
Wm Holden
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10000 dollar bet eh?

I'd wait one more day......let's see.
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Old 10-09-2008, 09:15 PM   #6
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I want to jump on board something...because if there's a time to do it, it's within the next week or two...there's going to be a group of people made VERY rich when the market rebounds. (I'd like to take part)
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Old 10-09-2008, 09:16 PM   #7
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I want to jump on board something...because if there's a time to do it, it's within the next week or two...there's going to be a group of people made VERY rich when the market rebounds. (I'd like to take part)
i know, but i am short on work (construction) since people are afraid to have anything done. id love to invent a couple K but no dice unless i get a bunch of work
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Old 10-10-2008, 12:25 AM   #8
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I was watching CNBC today and the analyst said that bankruptcy is certainly not out of the question for both GM and Ford. They said it could be a good thing for them since they would be able to renegotiate union and supplier contracts. GM shares hit a 58 year low today. I wonder how much this is weighing on the Camaro launch.
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Old 10-10-2008, 02:34 AM   #9
Wm Holden
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wait out todays drop...then monday..buy GM
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Old 10-10-2008, 03:21 AM   #10
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exactly what I am doing... i bought gm wen it first dropped to 9 expecting it to drop a bit more...but this...this is pure gold..
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Old 10-10-2008, 03:45 AM   #11
Eisenhower
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I'm not deep into this stock thing, so how do I get started? What, do I go to scottrade or etrade.... or is that wrong? What's everyone else doing?
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Old 10-10-2008, 04:47 AM   #12
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I'm not deep into this stock thing, so how do I get started? What, do I go to scottrade or etrade.... or is that wrong? What's everyone else doing?
i use share builder it's owned by ING.. good stuff. i like the fact that i can push through a buy trade with out having the money in my acct. i couldn't do that with scott trade. yes, it cost about $5 to push through, but well worth it i think. i did that when Visa first came out and got in on the first drop. have sold all shares since then, so i maid a litle bit of money.

only takes like 5-10 mins to open an account, and your good to go.

i'm probably going to buy some gm... i was thinking about doing it @ $7 but i'm glad i didn't. i think i will wait till monday. see what happens today market furtures aren't looking really good.
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Old 10-10-2008, 08:11 AM   #13
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I'm not deep into this stock thing, so how do I get started? What, do I go to scottrade or etrade.... or is that wrong? What's everyone else doing?
Yeah I'm also thinking about giving it a shot. I talked to a few people that have been doing it for a while, and they're also using share builder by ING. This seems to be a pretty good website to learn the basics: www.fool.com I'm still unsure whether or not I should do it, when I should get in the market and what to buy.

I'm still at the very beginning of studying how this whole thing works...
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