MUScoop
MUScoop => The Superbar => Topic started by: rocky_warrior on October 13, 2008, 05:27:36 PM
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...and know a good place for intelligent discussion? I get really sick of the spammers and idiots on Yahoo and Marketwatch. Figured savvy MU grads could point me to good discussion.
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vikingsrlosers has been providing "insight" on dodds' board. :o
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I said "intelligent discussion" ;D
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I foresee the creation of the MUScoop stock club.
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Has anyone seen the Fox business channel ads on CNBC ripping Cramer? I have only seen them on Comcast cable and I assume it is a local ad. It's funny seeing an ad ripping the channel you are watching.
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Has anyone seen the Fox business channel ads on CNBC ripping Cramer? I have only seen them on Comcast cable and I assume it is a local ad. It's funny seeing an ad ripping the channel you are watching.
They're running those ads nationally on radio. Cramer is entertaining, but I wouldn't trust him with stock picks if he were the last man standing.
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“If stock market experts were so expert, they would be buying stock, not selling advice.”
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“If stock market experts were so expert, they would be buying stock, not selling advice.”
And that's the bottom line, cause Stone Cold said so
you forgot the best part so I added it in
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The best quote I heard last Friday was when the Dow was down 700, " This is worse than divorce, I've lost half my net worth and I'm still married".
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Great op-ed in the Times today from Warren Buffet
http://www.nytimes.com/2008/10/17/opinion/17buffett.html?ref=opinion
It's tough to argue with one of the richest men in the world, I like the line
"Be afraid of buying stock when everyone is acting greedy, and get greedy when everyone is afraid of buying stock"
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I have within the last year or so been mostly following the IBD methodology of buying/selling stocks and it saved me a lot of money. www.investors.com
I basically have been out of the market with 60% of my money for much of the year following the IBD rules and haven't lost any money there. Its the other 40% that I have held from my earlier buy and hold strategy that has tanked. Now if you have a long term view, while painful, you should make back most of the money you lost, it just might take a while.
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buy gold
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buy gold
Heh - Silver may be an even better choice.
http://finance.yahoo.com/q/bc?s=GLD&t=2y&l=on&z=m&q=l&c=slv
I have within the last year or so been mostly following the IBD methodology of buying/selling stocks and it saved me a lot of money. www.investors.com
Thanks for the info. I too have been in mostly cash for a while now. So, my losses don't look as bad as the overall market, but still more than I like to see! Luckily I do have a long time frame, but always good to get more edumacated. :)