BMW i5 and 5-Series Forum

Post Reply
 
Thread Tools Search this Thread
      02-04-2014, 09:43 AM   #3961
Derek8819
First Lieutenant
Derek8819's Avatar
35
Rep
358
Posts

Drives: 2015 F80 M3
Join Date: Nov 2011
Location: New Orleans, LA

iTrader: (4)

what's the deal with the drop in the market today/yesterday?
Appreciate 0
      02-04-2014, 01:44 PM   #3962
schoy
Major
997
Rep
1,003
Posts

Drives: Melbourne Red E90 M3
Join Date: Apr 2010
Location: USA

iTrader: (0)

Mact, dead cat bounce today? Considering whether to unload some longs that I held through last year.
Appreciate 0
      02-04-2014, 03:19 PM   #3963
John Tanglewood
Porn Star
John Tanglewood's Avatar
Jamaica
1340
Rep
3,360
Posts

Drives: E60 M5 | F95 X5M | F90 M5
Join Date: Dec 2009
Location: Stamford, CT

iTrader: (13)

Quote:
Originally Posted by John Tanglewood View Post
Hey guys, I have a decent brokerage account that was gifted to me in a trust. As of right now all of it is in JNJ which I have received some nice dividend payments from, but I am interested in getting my hands dirty and (obviously) trying to get in on some solid growth.

As opposed to just asking for advice, I instead am asking for any recommendations on books or periodicals that can get me better acquainted with the market, terms, and how to buy/sell. Advice on what to buy is appreciated (i have been looking over this thread and find all of your knowledge to be very interesting), but I will get more out of understanding what goes into purchasing decisions than just heeding the advice of internet strangers.

Anyway, I have 2 books that I am just starting to get into now - A Random Walk Down Wall Street (Malkiel) and The Intelligent Asset Allocator (Bernstein) (which is currently WAAAY over my head).

Any other advice aside from books and periodicals (maybe you could also suggest a good financial investing forum) would be much appreciated.

And a last question - If you had millions in the bank (not me) and could ONLY CHOOSE ONE, would you focus more on Real Estate or the Stock Market for financial gain?

Thanks and looking forward to popping up on this thread.
Bueller? Nobody in this thread is willing to help at all? That's surprising.
__________________
Appreciate 0
      02-04-2014, 04:30 PM   #3964
PSUSMU
Captain
99
Rep
985
Posts

Drives: 2008 Porsche 911 Carrera S
Join Date: Jun 2012
Location: Falls Church/Merrifield, VA

iTrader: (3)

Quote:
Originally Posted by John Tanglewood View Post
Bueller? Nobody in this thread is willing to help at all? That's surprising.
This is a stock market thread.. I wouldn't expect people to weigh in on real estate.
__________________
RSI, LLC | Fender Rolling | Suspension | Engine | Other Stuff
Appreciate 0
      02-04-2014, 04:48 PM   #3965
Gizm0
Colonel
Gizm0's Avatar
United_States
440
Rep
2,136
Posts

Drives: 08 e92 335i 6mt
Join Date: Jan 2013
Location: Virginia

iTrader: (1)

HEMP!!!!!! I'm 2 days late
__________________
JB4 G5 w/ Backend flash - Walbro 450lpfp - VRSF DPs - VRSF 5" stepped IC - DCI - ER CP w/ Tial BOV - 335is clutch
Appreciate 0
      02-04-2014, 06:25 PM   #3966
Myrder
Major
Myrder's Avatar
United_States
164
Rep
1,264
Posts

Drives: 2010 E92 335i MSport 6MT LMB
Join Date: Apr 2013
Location: WildWest

iTrader: (1)

Quote:
Originally Posted by John Tanglewood View Post
Bueller? Nobody in this thread is willing to help at all? That's surprising.
You should read Richest Man in Babylon. If I had millions in the bank I would certainly not focus on just one of the options but probably a combination of both. If the if the stock market or real estate market crash, at least with real estate you might have a house to live in?
__________________
2010|335i|LMB|E92|6MT|MSport|Logic7|335is Clutch|AE Performance|BMS|Walbro|VRSF 7"| 149.7mph NFZ AZ 1/2mi
1992|Pontiac Firebird|Mild 355ci|T56|
-I will look on your treasures, gypsy. Is this understood?-
Appreciate 0
      02-04-2014, 07:54 PM   #3967
Razzy
Lieutenant
Razzy's Avatar
Canada
262
Rep
509
Posts

Drives: N/A
Join Date: Sep 2008
Location: Ontario, Canada

iTrader: (0)

I'm gonna go ahead and pull a Mact. Gonna say we are in for a pump up . Like him, hopefully i'm right lol.

Ps: Mact, what's your take on gold stocks? I'm down a metric fuckton in gold/silver stocks.
Appreciate 0
      02-04-2014, 07:58 PM   #3968
gatorfast
Major General
gatorfast's Avatar
United_States
5083
Rep
6,883
Posts

Drives: 718 Cayman
Join Date: Jan 2008
Location: SoFla

iTrader: (4)

Quote:
Originally Posted by Razzy View Post
I'm gonna go ahead and pull a Mact. Gonna say we are in for a pump up . Like him, hopefully i'm right lol.

Ps: Mact, what's your take on gold stocks? I'm down a metric fuckton in gold/silver stocks.
Play the commodity i.e. GLD and not the gold stocks
Appreciate 0
      02-04-2014, 09:35 PM   #3969
NemesisX
Captain
321
Rep
905
Posts

Drives: '19 Infiniti Q60S
Join Date: Jul 2009
Location: TX

iTrader: (0)

Quote:
Originally Posted by Derek8819 View Post
what's the deal with the drop in the market today/yesterday?
If anyone knew the real answer he or she would be filthy rich
Appreciate 0
      02-04-2014, 10:00 PM   #3970
gatorfast
Major General
gatorfast's Avatar
United_States
5083
Rep
6,883
Posts

Drives: 718 Cayman
Join Date: Jan 2008
Location: SoFla

iTrader: (4)

Quote:
Originally Posted by tamarx View Post
Do it, irregardless if the market is tanking or not.
Appreciate 0
      02-04-2014, 11:40 PM   #3971
mact3333
Captain
mact3333's Avatar
United_States
126
Rep
876
Posts

Drives: 16' YMB/Blk F82
Join Date: Mar 2011
Location: Portland Area

iTrader: (1)

on ST basis mkts were way oversold...gotta relieve some pressure before selling resumes...$RUT has already told the story...SPX and Dow to follow soon...choppy to slightly upward bias for few days.

Charts show we are at support lines on Dow and SPX but since smaller RUT names broke, larger SPX stocks should follow.

But its smart only to short with smallish positions cause its tricky to trade ST and IT bears...much easier to go long high flying stocks during bulls thats for sure.

Safe thing to do is to sit out during bears.

Bottom line, are we in a bear?..ST for sure, IT bear probable..no sign we are in LT bear imho.
Appreciate 0
      02-05-2014, 11:10 AM   #3972
John Tanglewood
Porn Star
John Tanglewood's Avatar
Jamaica
1340
Rep
3,360
Posts

Drives: E60 M5 | F95 X5M | F90 M5
Join Date: Dec 2009
Location: Stamford, CT

iTrader: (13)

Quote:
Originally Posted by PSUSMU View Post
This is a stock market thread.. I wouldn't expect people to weigh in on real estate.
Hey guy, maybe if you responded to the other 90% of the post that wasn't real-estate based......
__________________
Appreciate 0
      02-05-2014, 11:11 AM   #3973
John Tanglewood
Porn Star
John Tanglewood's Avatar
Jamaica
1340
Rep
3,360
Posts

Drives: E60 M5 | F95 X5M | F90 M5
Join Date: Dec 2009
Location: Stamford, CT

iTrader: (13)

Quote:
Originally Posted by Myrder View Post
You should read Richest Man in Babylon. If I had millions in the bank I would certainly not focus on just one of the options but probably a combination of both. If the if the stock market or real estate market crash, at least with real estate you might have a house to live in?
Sorry forgot to mention, I have read that book, it was great! Thanks!
__________________
Appreciate 0
      02-05-2014, 11:39 AM   #3974
PSUSMU
Captain
99
Rep
985
Posts

Drives: 2008 Porsche 911 Carrera S
Join Date: Jun 2012
Location: Falls Church/Merrifield, VA

iTrader: (3)

SGLB/VJET... hold onto your butts for upcoming ERs
__________________
RSI, LLC | Fender Rolling | Suspension | Engine | Other Stuff
Appreciate 0
      02-05-2014, 12:19 PM   #3975
mact3333
Captain
mact3333's Avatar
United_States
126
Rep
876
Posts

Drives: 16' YMB/Blk F82
Join Date: Mar 2011
Location: Portland Area

iTrader: (1)

Quote:
Originally Posted by mact3333 View Post
As noted last Wed, we will be seeing 1730...

Set stops for break even for SGLB near 0.12...no need to fight downtrend in general mkts...I would set stops at VJET near break-even near 34-ish too.

1730 will set a temporary floor, but if it breaks through and bounces back up to that redline watch out, selling will be intense then.

If 1730 holds, then its business as usual.


Stops should have been set at 0.12 for SGLB at break-even in these type of mkts....and same for VJET...I was out of VJET at 34 level.

DDD cratered today due to downward earning revision.
Appreciate 0
      02-05-2014, 02:10 PM   #3976
schoy
Major
997
Rep
1,003
Posts

Drives: Melbourne Red E90 M3
Join Date: Apr 2010
Location: USA

iTrader: (0)

I bought SGLB at .13, and set my stop at .13. Cleared yesterday. No harm, no foul (less transaction costs).
Appreciate 0
      02-05-2014, 05:10 PM   #3977
F1Venom
Banned
76
Rep
961
Posts

Drives: ZCP E90 M3
Join Date: Apr 2013
Location: USA

iTrader: (0)

Any thoughts on TWTR? It's down over 12% in AHT due to its ER, I suppose it'll gap down tomorrow and continue sliding until next week.
Appreciate 0
      02-05-2014, 05:16 PM   #3978
PSUSMU
Captain
99
Rep
985
Posts

Drives: 2008 Porsche 911 Carrera S
Join Date: Jun 2012
Location: Falls Church/Merrifield, VA

iTrader: (3)

I bought a TWTR Feb 22 $60 put at 3:59pm for shits and giggles. Tomorrow might be like Christmas morning.
__________________
RSI, LLC | Fender Rolling | Suspension | Engine | Other Stuff

Last edited by PSUSMU; 02-05-2014 at 06:00 PM..
Appreciate 0
      02-06-2014, 12:00 AM   #3979
F1Venom
Banned
76
Rep
961
Posts

Drives: ZCP E90 M3
Join Date: Apr 2013
Location: USA

iTrader: (0)

Quote:
Originally Posted by PSUSMU
I bought a TWTR Feb 22 $60 put at 3:59pm for shits and giggles. Tomorrow might be like Christmas morning.
I thought about it but the premiums were insane.
Appreciate 0
      02-06-2014, 01:04 AM   #3980
Hisam135i
Major
Hisam135i's Avatar
United_States
55
Rep
1,166
Posts

Drives: 335i
Join Date: Dec 2010
Location: Irvine, CA

iTrader: (0)

Hey Mact, how have you been doing? I just finished my undergrad and have a few months before I (if accepted) start a phd in finance. I should be more active again!
__________________
2008 Monaco Blue 335i | Terracotta | Premium | Auto | Comfort Access | Matte-black Grills | Carbon Fiber Splitters | 20% Tint | 1- point E9x Picture Game | Staggered 19' VMR V701 | Legal Disclaimer: My posts on this website cannot be held against me in any issues, such as warranty claims. |
Appreciate 0
      02-06-2014, 10:44 AM   #3981
PSUSMU
Captain
99
Rep
985
Posts

Drives: 2008 Porsche 911 Carrera S
Join Date: Jun 2012
Location: Falls Church/Merrifield, VA

iTrader: (3)

Quote:
Originally Posted by F1Venom View Post
I thought about it but the premiums were insane.
Well worth the risk. Twitter is still overvalued. Cashed out +200% this morning.
__________________
RSI, LLC | Fender Rolling | Suspension | Engine | Other Stuff
Appreciate 0
      02-08-2014, 02:04 AM   #3982
Beameredup1025
Guest
0
Rep
n/a
Posts

Drives:


Tips for the new guy to trading

Searching does the heart GOOD !
Where did some of you learn to trade ? Did you just jump in and learn along the way or what ?
I saw a good "receipt" of some ones earnings and loss report. I have been studying to start options/stock trading. Would love to get some inputs and opinions. Been trying to get hours of studying in so I could finally strat trading.
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 08:24 AM.




g60
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST