View Full Version : Whatever happened to the stock picks and recommendations?
zombie
07-22-2009, 10:51 PM
Hi,
Its kinda eery how the stock picks and recommendations by some valuable members seems to have dried up since mid-June. I am all for political debates and discussions, but the recent threads are just full of who is for and against the government. Whatever happened to the stock suggestions and picks by Aiki,Albert,Chinaman,Florida and others? Come on guys, lets get this forum running again!
Cheers!
Zombie.
Jelly
07-23-2009, 03:12 AM
Hi,
Its kinda eery how the stock picks and recommendations by some valuable members seems to have dried up since mid-June. I am all for political debates and discussions, but the recent threads are just full of who is for and against the government. Whatever happened to the stock suggestions and picks by Aiki,Albert,Chinaman,Florida and others? Come on guys, lets get this forum running again!
Cheers!
Zombie.
You need to read more. GS owns the market and is pushing it up and down (mostly up) with their computers. Who the fu*k would trade except to second, third or fourth guess dose assh*les?
And by reading, I don't mean main stream media. Get a clue.
BuyOnDips
07-23-2009, 02:52 PM
The stocks I like ran up too much to make a recommendation. I'm mostly in cash(just own 4 stocks). I'm currently up 17% on the year(not counting dividends). I'll probably sell my remaining stocks if the market continues to rally the next few weeks. I'm only down $2200.00 from last years high, so I'm very happy.
I'm becoming more bearish as I analyze the current economic data and company reports. I'm not shorting anything yet, buy probably will later this summer or fall. I'll probably short retail companies with large debt and falling revenues. You probably can still short almost any newspaper stock. It's a dying business. Good luck. Do your own research and try to preserve your capital.
http://www.scribd.com/doc/17588181/Sprott-Comment-July-2009
Survivor
07-24-2009, 10:27 AM
Since the stock market crashed I got out completely. Total lies are too difficult to navigate.
Also Jelly hit the nail on the head about Goldman Sachs.
The stock market is a waist of time and money, you would be better off walking into a casino and betting 10 grand on 10 red.
That or buy 5000 dollars worth of lottery tickets.
Everywhere you look or research you are outmanned and out gunned, FACT.
If you turn left you should have went right. The bull sh!t they spew out of the NYMEX about oil and the dollar just boggles the mind.
Liars, Gamblers, greed, manipulators, and media.
20% of the market is professional traders, while 80% are out- labeled as suckers, waiting to get back in for the big pay day, and you will get crushed.
So many people read the truth or hear it and still they are blindsided.
aiki14
07-25-2009, 04:50 PM
I have to say, I have basically been trading ETF's intraday for quite a while now and am not really running any screens. I'll try to put some actionable stuff in the stockpicks section soon.
zombie
07-26-2009, 12:10 AM
I have to say, I have basically been trading ETF's intraday for quite a while now and am not really running any screens. I'll try to put some actionable stuff in the stockpicks section soon.
Thank you! :) I probably don't know 1% about the markets as some of you do here, and i do believe like everything that involves money,stock markets are no exception to manipulations and corruption. Unfortunately,depositing my hard earned cash in a bank would mean a meagre 1-2% PA,thats below the rate of inflation - not to mention the devaluation of the $.So for a lot of folks stocks are the only way to invest with atleast a 'possibility' of beating the inflation and putting aside a little into the savings account. This forum has thought me a lot, and it would be wonderful if some of the senior members could post their favourite picks to keep this board alive.:top:
Horsefish
07-26-2009, 10:32 AM
I think that Jelly put his finger on a big part of the problem. I read that on Friday, July 17, 48% of the trades on the NYSE were algorithmic trading program trades. Computers, floor traders call these "Algos"
48%!!!!!!. These programs only take microseconds to look at the limit orders stacking up and can determine price direction before the bid/ask ever shows up on our screens. The only way to trade with these algos is to do what Aiki14 does with fas/faz . Take very large positions and then dump as soon as there is .05 or .10 up or down in a matter of seconds. I just can't trade like that.
Like buyondips, I have done some swing trades since the March lows getting into companies like ups, pot, mon, fcx that always seem to come back to a particular level after dipping. UPS will always come back to 51-53 after dipping to 48. I am now in cash waiting for the next dip.
Really, really boring trading and takes weeks between trades. It is therefore difficult to make recommendations to a group of day traders. Not many longer term players here.
vBulletin® v3.7.4, Copyright ©2000-2009, Jelsoft Enterprises Ltd.