Well, Dale, let us all wish you that it is #2 and shall you have a nice blonde on each side of you to handle your money. :mrgreen::twisted:
I already have the nice blond …we will see about the money, if I make a lot of that, I might get rid of the blond----:lol:
Tuesday or Monday?
Banks are closed but the stock market is open…
It is a Federal Holiday
NYSE is open on Monday Oct. 13th
The NASDAQ is also open on the 13th
G.M. and Chrysler Explore Merger
Analysts: GM would need cash to acquire Chrysler
By TOM KRISHER – 1 hour ago
DETROIT (AP) — For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash as part of the deal. Lots of it, according to industry analysts.
Michael, good catch. Monday then… all in.
If you’ve got really brass balls go look into an Ultra ETF (UGE, SSO, UYG, QLD, etc)…make 2X on your return. Just remember, your return can be + or - so you make twice as much or you lose twice as much. I’m thinking a couple of grand in UGE myself.
Going in for 3000 shares when the market opens. Nothing like an energy stock to get the blood pumping. Both Presidential candidates will be pushing alternative energy sources.
SOL](http://www.google.com/url?q=/finance%3Fclient%3Dob%26q%3DNYSE:SOL&sa=X&oi=stock&ct=title&usg=AFQjCNE9FOGi3ue27EUhs9v5RL2MM_tXTw) - ReneSola Ltd. (ADR) (NYSE)
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http://www.google.com/pfetch/dchart?s=SOL**7.13 **+0.31 (4.55%) Oct 10 4:03pm ETOpen: 6.25High: 7.28Low: 5.85 Volume: 2,243,141Avg Vol: 2,231,000Mkt Cap: 483.65M[FONT=verdana,arial]Disclaimer](http://www.google.com/url?q=/help/stock_disclaimer.html&sa=X&oi=stock&ct=disclaimer&usg=AFQjCNF6quLLW7dpQki4esviZFrxnydSaw)[/FONT]
After Hours: **6.94 **-0.19 (-2.66%) Oct 10 7:46pm ET
Not necessarily true…
http://www.rollercoasterstocks.com/bankruptcy-shares/bankruptcy-shares.html
http://www.1source4stocks.com/investing_defined/bankruptcy.asp
What would the return have been three weeks ago when the DJI was at 12,000? It’s all relative. You can make the numbers look great or pathetic just by adjusting the time frame a little.
I’m not going to judge the stock and or housing market futures by looking at whats going on over the past week. It won’t last! If you have money in a mattress you need to start buying well researched stocks and or real estate investments immediately.
Good luck to everyone on Tuesday. I started transfering money into my Scottrade account last week. I’m loaded for bear!
There are two successful approaches to the markets the first is the fundamentals, the second is the technicals. The Techies have been getting their a$$ handed to them since September while the fundamentals are improving. In this brave new world nothing seems to make sense, so thanks but no thanks, I’ll let you guys have the first 30%, if Friday was the low on the S&P then we will test that low before truly going higher in the near future. Right now resistance on the S&P appears to be around 770, should that fail next stop 440. Good luck to everyone.
Folks loan shark real estate investing (Hard Money) is way more profitable than the stock market and returns are very quick. Think about it. Next time you have a flipper call you looking for funding you might want to take him up on it.
Good luck with that Billy!
I actually invest one or two houses at a time. I simply provide the funds and I have a GC that finds and flips the houses. He takes 40% I take 60% once sold. Works out well. I use to be on the other end. However, after doing so many I was able to put enough away to switch hats for awhile. I really like the hat I’m currently wearing.
Not when you buy $100,000.00 of freddie mac and fannie mae last week at half the price and dump it when it hit over a buck last week. (as one example)
Good Luck flipping a home in this market, here anyway, yours may certainly differ.
I also listened to Nick last week with the Gold gig, made money.
Good point Dale. Let me rephrase real estate investements are way more predictable (Safe) lol. It’s reported in the last week if you had $100,000 invested in the stock market your now worth in the 60’s. I know it’s just paper and if you stick it out and buy low now your going to do well in the long run… however I didn’t loose a dime this week in the realestate market. I make my money when I buy not when I sell. So far I only had one house that sat on the market for a good period of time and that was only 4 months. I’ve had homes contract in 24 hrs after putting them on the market. My biggest profit to date was $42K (my share) and that house sold in 48hrs. Remember the market in Oklahoma isn’t like what you see on TV. People making $100K+ per house. Most houses I’ve invested in so far produces $15K-$50K in profits. It truly is one of the best ways to became financally secure. As for me I’ve saved a good portion of my earnings in hopes of starting my own custom home construction company once I retire.
Billy,
I’m taking about day trading, with 100G’s…you have the profit that day.
If you know what your doing, there is no faster way to make a buck.
My brother is a stock broker in Scottsdale, I kind of have a trump card, I cannot do inspections and day trading at the same time, so my brother does it for me and a for a $hit load of other investors.
This coming week I believe is the opportunity of a life time, if people invest correctly.
Agreed!! However I’m sure you know day trading is the fastest way to loose your money as well. Almost like gambling in Vegas. I thought about trying my hand however I’ve seen guys loose their underwear over it kind of scares me. Let us know how things pan out for you this coming week.
lol 