OT-DRFNO -Etrade (and/or others) - Page 1

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by beetree on 17 October 2008 - 21:10

Thanks for taking the time to let me know what you have been up to  within the YR A thread. I didn't want to hijack it, so I wanted to ask, regarding your Etrade investigations, what are you buying? I want to take advantage of this buying opportunity, and want to know what 5 or 10 blue chip stocks would you buy? I heard GE has hit the lowest in decades, but should I buy Apple because I love Macs? I understand risk, as I did work for Merrill Lynch during  the Black Monday crash, in the ops department, wire room and compliance. I'm generally a chicken but know I need to be  a rooster. Thanks for your thoughts!

.... and I hope someone can help you with your rescue Golden, its eye problems.

...maybe you'll reply!

 


blueshep

by blueshep on 17 October 2008 - 23:10

Im not do right, but would advise to look at JM Smucker Co. It was at 50 something and is down to 30 something. There main head quarters is in my town and they are a great company. Check it out.


by Uglydog on 17 October 2008 - 23:10

Safe Companies, some consumer durable (PG, GE, , Rubbermaid) Energy trusts and/or commodity funds

For trading purposes, short all rallies. Market hasnt bottomed yet, if it does break support of 7800, it has no support until DOW 3000

 


snajper69

by snajper69 on 17 October 2008 - 23:10

There will be more dropping, the bigest drop will hapen at the end of the year, thats where the dollar will start going down again, it will be good time to start investing in offshore companies, dollar cheap, buy internation stock!!!. As well once dollar will start going down it will be good idea to invest in companies that export their product, as once agian if dollar goes down the prices will be more attractive to export.


by beetree on 18 October 2008 - 01:10

Snaiper, 

BE SPECIFIC. otherwise it is just rambling thoughts. Remember I want to BUY.

Ugly, I can't believe you answered this thread, because we seem to have so many unexpected similarities, and yet, I so hate your evil, violent politics.

Do you believe in GOD? just a question.


by 1doggie2 on 18 October 2008 - 19:10

I think it is time for a lttle common sense, Buffet is stating to purchase stocks. I think he is trying to tell us something without blowing up the market. I have listend to him very carefully along with others. My guess is the bond market is going to blow up and can go to zip, nada, ZERO for most of them. Corporate Bonds anyone think they can stand up? Commerial Bonds? Muni Bonds? He has point blank explained Bonds can go to ZIIP, and the stock market you will take losses and some heavy ones, but if careful and pick wisely and only a few in a few different sectors, you will lose money but not go to NADA, ZIP, NOTHING>ZERO

He is selling personal BONDS and buying into the market when it is down, It has gotten low enough for him to beging to think of only a 50% loss, stil better than ZIP, NADA< NOTHING, ZERO.

Treasuries, getting low rates, he just loaned GE at 10% for 3 years. I could give a fig what they are stating right now, cost of money has been going up. so if you own Long term treasuires and need the funds, you will have to discount inorder to sell.

They are systematically taking away any avenue to protect yourself. I do agree with the market at 3500 or below, that was the last time it was supported with out "funny" money. The market always over corrects.






 


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