Does Anybody Trade Stocks Here?
Posted: Fri Apr 09, 2010 9:17 am
Just wondering if any traders here that dabble in the market.
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Does Anybody Trade Stocks Here?
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Re: Does Anybody Trade Stocks Here
Posted: Fri Apr 09, 2010 5:54 pm
I only do mutual funds....no individual stocks.
Re: Does Anybody Trade Stocks Here
Posted: Fri Apr 09, 2010 6:21 pm
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!
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!
Re: Does Anybody Trade Stocks Here
Posted: Sat Apr 10, 2010 10:59 am
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.
Re: Does Anybody Trade Stocks Here
Posted: Sat Apr 10, 2010 7:14 pm
Mutual funds regularly. 
Not in the >$1 Meg category to dabble in stocks.
Not in the >$1 Meg category to dabble in stocks.
Re: Does Anybody Trade Stocks Here?
Posted: Mon Apr 12, 2010 7:35 am
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.
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.
Re: Does Anybody Trade Stocks Here?
Posted: Mon Apr 12, 2010 8:36 am
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.
Re: Does Anybody Trade Stocks Here?
Posted: Mon Apr 12, 2010 9:04 am
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$$ when the techs tanked.
My biggest winner was Immunex (which is now owned by Amgen). I bought in just before the FDA approved Enbrel (the arthritis drug). It paid my son's high school tuition.
But now with Obama Care I wouldn't touch pharms....though there may be some opportunity. I just don't know enough on effect it will have.
And yes, I lost my a$$ when the techs tanked.