Topic: 7997.28
no photo
Wed 11/19/08 04:53 PM
Lowest Dow Jones Index since 2003 and oil down to $53 pb. Had to give 2� on forcast to upper managers and investors today for Dec and Jan and it looks bad. So far my predictions are right which i hate. Peeps with stocks i would recommend in gaming industry shares and medical...

Milesoftheusa's photo
Wed 11/19/08 05:20 PM
Remember.

That anytime something like this happens the rich get richer.

You can if possible play the game with them.

I quit the stock market in 2000. Did great the 2 years before.

They say that we will not see recovery before 2010.

probally about right.

The trick is if you can save now what you can you can come out of this smelling like a rose.

I have for a while now been planning on watching the stock market starting next aug/sept.

If you at whenever put 500 dollars in a online stock account . They will give you all the software to use for free to get the real time market and can buy or sell with in minutes.

You just need to practice. They have practice software also.

Then understand and watch and the stocks you are interested in do research .join stock bulliten boards where experts give advice for 10 dollars a month.


Then be ready when things turn they will start slow and the ramp up fast.

I can give you a clue to something I found out about selling.

when a stock has reached its top. That morning it will ramp fast. about 2 hours later it will stall.

Get OUT.. it is getting ready to fall like a rock as everyone takes thier profits.

The key is know your stock.. and practice your buying and selling. It is using the actual stocks as they go up and down but it is just a game and then when you quit it will show you your total losses and gains and the difference..

It really can be fun as you learn.

I know I plan on probally sept dividing up what I can between the Big 3 GM, Ford and chysler if thier is still 3.

they are already this year down 80 to 90%.. ford is trading at 1 dollar and some cents.

Thier is alot of money to be made thier that is way to cheap..

just search for stocks ford motor and look at the last 3 years high and lows.. the High will come back i would bet in the next few years and that is a mega good investment..FYI

no photo
Wed 11/19/08 08:00 PM
I have done some trading with Scottrade and actually not doing bad myself and now thinking of dabbling into currency exchange. The CEO didn't like the 411 on his company and got an earful today. Just wishing to win the Poweball lotto.....

As for the big 3 i am debating on that option.... we will see