Does Anybody Trade Stocks Here?

[Shep]

Just wondering if any traders here that dabble in the market.

[Titchou]

I only do mutual funds....no individual stocks.

[NoNoNanette]

Mutual Funds here to, Shep... on a lark. I've been cringing looking at my monthly statements for the past couple of years....

However, opened them up today for a very pleasant surprise.

It took alot of guts for me to move a small amount of money out of CDs into the stock market. Dunno if I could handle the pressure of "trading".... I'd probably stroke-out.

Happy Friday, gang!

[Shep]

Yes, mutual funds go down fast but rebound slow. I love trading stocks but, I would not want to post things that are of no interest to others. I just figured I would ask.

[Schuarta]

Mutual funds regularly.

Not in the >$1 Meg category to dabble in stocks.

[EatinAintCheatin]

Shep,

I used to dabble quite a bit in the pharmaceuticals (stocks that is ;-)). I did quite well with them. Then I decided to try the tech stocks (Microsoft, Oracle, etc.). Didn't do that well with them. I still hold a few and occasionally trade but don't have the time during the day to do it.

But if you're offering up some info I'm all ears.

[Shep]

LOL about your tech experience, in 2000 I was riding high on tech profits that would never end. I was in Napa drinking wine and spending some of those profits when my world started to crash. I told myself never again and became a bit more cautious. I am much more commodity driven right now but the last half of 2008 was a great opportunity even in Microsoft and Oracle. My biggest winners since that time, ainv, tgb, dow, oil, apu. You could have thrown a dart and hit a winner but, it was pretty frightening to pick up the dart when things are that bad.

[EatinAintCheatin]

My latest area is telecommunications. Specifically, VoIP and Long Distance. I was lucky to get in on a ppo (private public offering, for qualified investors). It's pretty much long term though. Now I wait for 3 years and hope that one of the big boys buy it.

My biggest winner was Immunex (which is now owned by Amgen). I bought in just before the FDA approved Enbrel (the arthritis drug). It paid my son's high school tuition.

But now with Obama Care I wouldn't touch pharms....though there may be some opportunity. I just don't know enough on effect it will have.

And yes, I lost my a$$ when the techs tanked.