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  1. #1

    Default Anybody here plays Wallstreet

    Love gambling on football, just thought I'd throw it out there. Does anybody here play the market. If so love to hear some stories. I've done well on mutual funds, and even some stocks individually, however sirus sattlelie radio has torn me a new A-hole! Bought the stock when I heard Howard was comming on board, but lately been taken a beaten as I seen it tumble from 6.30 to 3.77 what the hell? Oh well if any of you cats have any thoughts or picks on wallstreet I'd love to hear your takes.
    Last edited by HAPPY BOY; 08-10-06 at 07:28 PM. Reason: spelled hear wrong

    SBR Founder Join Date: 8/10/2005


  2. #2

    Default

    I played options a while back and broke about even, best value though and limited known risk.

    I traded regular stocks but if your not on the inside you will eventually get gobbled up and lose. Buy some long term Dow stocks only.

    I tried Futures also and again its a losing prop.

    The stock game is for the rich and the insiders only

    SBR Founder Join Date: 7/20/2005


  3. #3

    Default

    Never done the futres JJ seemed a bit risky, I know the upside can be huge and thats what makes them so attractive. Iv'e learned that long term best of breed is the way to go. but my gambling instinct sometimes gets the best of me and i try to find that magic rocket to riches. also. just thought Id say welcome back man.

    SBR Founder Join Date: 8/10/2005


  4. #4

    Default

    Thanks Happy Boy

    There is no way you can get into the market unless you have at least 50k to trade and pay like $5 per trade and play the 1/2 points win or lose if you want to make lots of trades.

    The long term thing is still the way to go unless your watching the news 24 hrs a day with trading screens in front of you.

    SBR Founder Join Date: 7/20/2005


  5. #5

    Talking my advice for you...

    my best advice for you...

    every time cramer or someone/mutherf--ker recommend a stock. Don't buy...maybe short it. They gave howard stern so much money to promote the company. Where do you think they come up with the money?--inflate the stock...more people come in...then sink it. fuckin rich people.

    second advice...
    if you see a stock bounce up...as in up and up and then goes back to origin price...time to buy buy buy. That is the signal for the rich people to buy before it take off. This goes vice-verse...go down and back up...this allow rooster_eater to get off the boat before it sink.

    my history?
    start with small cap. 6yrs ago
    then moved to middle caps...
    got screwed with both...now with big caps...
    2 favorite company for long term...apple and can you say google?
    I'm suspicous about apple..due to the fact CEO sold of millions of share for tax purpose..my ass..CEO knows that there is accountant irregularrities. they have to reinstate their numbers..I will right but still puzzle about the stock going up lately...go up to 70 for rooster_eater to get off the boat. I see the stock hitting below 50 to kill all those purchase at 53!!

    my ultimate goal for stock is 1k per day or 1-2weeks.
    hey...remember...no margin or options...just cash...if it fall...**** it..leave it alone...it will rise eventually. they can't **** with you with cash in account.

  6. #6

    Default

    thanks vegas can't say I disagree with you. think Ill try to scoop up some siruis (siri) at about 3.70 then dump the rooster_eater around 4.-5 mayebe 4.10. repeat as needed.

    SBR Founder Join Date: 8/10/2005


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