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12-13-2009, 01:06 PM
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#1 (permalink)
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25,000+ posts
Join Date: Aug 2001
Location: florida
Posts: 49,654
 #96 Kevin Pickelman
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Is it time to jump back into the stock market
thinking about it.
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Dantonio's response: "Well Paul, hold on a second, Paul, hold on a second, because the look I saw on Michigan's faces was 'Oh, no, the Spartans beat us again.'"
CRUSH KILL DESTROY THE OPPOSITION.
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12-13-2009, 01:09 PM
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#3 (permalink)
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25,000+ posts
Join Date: Jun 2001
Location: 4S Ranch of San Diego
Posts: 29,391
 #7 Keith Nichol
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I'd be interesting in reading your thoughts...after you make your decision and buy, please share. If they fit my plans, maybe I can help you get that price up by buying in on those, too.
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Member #2 of the RCMB...
SUMMER OF TOM IZZO!!
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12-13-2009, 01:18 PM
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#4 (permalink)
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Walk-On
2,500+ posts
Join Date: Oct 2005
Posts: 2,740
 #67 Joel Foreman
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Quote:
Originally Posted by VargMan
I'd be interesting in reading your thoughts...after you make your decision and buy, please share. If they fit my plans, maybe I can help you get that price up by buying in on those, too.
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Stock Market movers - only on tRCMB......
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12-13-2009, 01:19 PM
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#5 (permalink)
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25,000+ posts
Join Date: Jun 2001
Location: 4S Ranch of San Diego
Posts: 29,391
 #7 Keith Nichol
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Quote:
Originally Posted by RH Spartan
Stock Market movers - only on tRCMB......
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I hope they take loose change. When I win gHost's guess the change contest, I am putting it all in the stock market.
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Member #2 of the RCMB...
SUMMER OF TOM IZZO!!
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12-13-2009, 01:22 PM
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#7 (permalink)
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Walk-On
5,000+ posts
Join Date: Nov 2003
Posts: 5,334
 Tom Izzo
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Duh...it was time a long time ago when the DOW dipped under 7. Now its over 10. When people are running scared thats when you have to jump in. I made 35% in 3 months.
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It's a great day to be a Spartan! How's that for realism!?
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12-13-2009, 01:28 PM
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#8 (permalink)
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100+ posts
Join Date: Jan 2009
Posts: 180
 #15 Durrell Summers
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I've been looking at BIEL. Seems like a good time to buy in now
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12-13-2009, 01:31 PM
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#9 (permalink)
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2,500+ posts
Join Date: May 2009
Location: Courtroom 2C
Posts: 4,701
 Mark Dantonio
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Quote:
Originally Posted by Mr. Tanfan
thinking about it.
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You're about 6 months too late
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"What else is new...Michigan State beats Michigan" ...ESPN 3-8-10
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12-13-2009, 02:12 PM
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#10 (permalink)
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25,000+ posts
Join Date: Aug 2001
Location: florida
Posts: 49,654
 #96 Kevin Pickelman
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Quote:
Originally Posted by The Pantry
You're about 6 months too late 
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Never too late
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12-13-2009, 02:13 PM
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#11 (permalink)
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25,000+ posts
Join Date: Aug 2001
Location: florida
Posts: 49,654
 #96 Kevin Pickelman
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Quote:
Originally Posted by ErnieMcCracken
Caterpillar, Fedex, Goldman Sachs, and Google if you can afford it.
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Own google. Bidu?
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12-13-2009, 02:14 PM
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#12 (permalink)
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Walk-On
250+ posts
Join Date: Dec 2007
Location: There and Back Again
Posts: 421
 #10 Delvon Roe
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look into STEC, announcement coming as early as next week, should raise PPS 2-3 $ IMO
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12-13-2009, 02:15 PM
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#13 (permalink)
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10,000+ posts
Join Date: Jun 2001
Location: On the banks of Lake Lansing
Posts: 21,910
 Tom Izzo
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Quote:
Originally Posted by Farleigh Dickenson
Duh...it was time a long time ago when the DOW dipped under 7. Now its over 10. When people are running scared thats when you have to jump in. I made 35% in 3 months.
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This.
__________________
?
The Picasso of College Basketball 
Go Get 'em Coach Dantonio!
President LAK Simon (11/01/06): "I don't want to tolerate mediocrity at anything"
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12-13-2009, 02:16 PM
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#14 (permalink)
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Walk-On
5,000+ posts
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Quote:
Originally Posted by VargMan
I hope they take loose change. When I win gHost's guess the change contest, I am putting it all in the stock market.
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I think the winner of that gets an as of yet unnamed "prize", not the change.
And btw, I am going to win.
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12-13-2009, 02:59 PM
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#15 (permalink)
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5,000+ posts
Join Date: Oct 2001
Location: On the banks of Big Bear Creek
Posts: 6,271
 Tom Izzo
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Quote:
Originally Posted by The Pantry
You're about 6 months too late 
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I have to agree with this opinion. I still feel like a whole lot of banks need to go away ( FDIC or Merger ) before we can establish some realistic lending base going forward.
Fot the bulls, we are far below historic highs, for the bears, it's been a great foraging season and now it's time to take a 3 month nap and see what next year will bring. I am taking profits right now while the taking is there to be had.
__________________
Ask not what your fortune cookie can do for you,
Ask: What can you do for your fortune cookie!
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12-13-2009, 03:16 PM
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#16 (permalink)
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25,000+ posts
Join Date: Sep 2002
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 #10 Delvon Roe
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My 401K has roared back with AUTHORITY this year..All losses from last year have been made back and more
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"The place was filled with every cutthroat and low-life from Bombay to Calcutta. It was worse than being in Detroit."
Quote:
Originally Posted by Hibernia
I prefer my women to be like Petway:
thin mohawk strip of hair, always riding the pine, and a complete failure to put up any defense.
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12-13-2009, 03:37 PM
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#17 (permalink)
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Walk-On
1,000+ posts
Join Date: Aug 2008
Location: Colorado
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Quote:
Originally Posted by Farleigh Dickenson
Duh...it was time a long time ago when the DOW dipped under 7. Now its over 10. When people are running scared thats when you have to jump in. I made 35% in 3 months.
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Absolutely.
(10-7)/7 = nearly 50% gain missed out on. I'd say tanfan missed the boat.
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12-13-2009, 06:47 PM
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#18 (permalink)
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Walk-On
1,000+ posts
Join Date: Jun 2005
Location: SE Michigan
Posts: 2,316
 Mark Hollis
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AOL
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12-13-2009, 08:04 PM
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#19 (permalink)
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5,000+ posts
Join Date: Oct 2001
Location: On the banks of Big Bear Creek
Posts: 6,271
 Tom Izzo
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Quote:
Originally Posted by pulling69
My 401K has roared back with AUTHORITY this year..All losses from last year have been made back and more 
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While this is true for most people who did not panic and sell from Nov 08 - Mar. 09 you are still under water if you look at your 2yr over 2 yr values.......
Still, I think one of the worst things that the last 2 years has wrought is that we now have a new binge of "market timers" who want us to believe they saw the 2007 highs in securities and real estate, sold and magically saw April 2008 as the "buy' signal.
If that is true with anyone on this board, I would be very surprised. The tough thing about investing in a single investment or a well diversified portfoilio is that it is human nature to think of your net worth at its peak. In the short term you will always be unhappy....I tell those folks if they feel bad about a month end report back in 2007, PLEASE don't look at some of your mid day highs in the middle of a reporting period or you will cut your wrists,
So, we're gald you have recovered y/y but doubt you are better off that 2y / 2y and yet,
you should be just fine. If you truly are stating you are better off 2y / 2y we will simply require some solid proof as.........and I say this sincerely, I review over 1,000 portfolios with an average balance of over $500,000 and NONE of them is over their October end 2007 value.
__________________
Ask not what your fortune cookie can do for you,
Ask: What can you do for your fortune cookie!
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12-13-2009, 08:27 PM
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#20 (permalink)
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Walk-On
250+ posts
Join Date: Sep 2005
Location: Canton, MI
Posts: 384
 #61 Arthur Ray Jr.
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It's been time brother, you've missed A LOT of gains this calendar year. It looks like we're headed for growth but slower growth from this point forward. The big bounce has already happened and now we'll be back to more normal growth patterns in 2010. If you can handle some risk and can wait for returns in 3-5 years, Citi and Bank of America still have a lot of room to run but both are still on dangerous footing. I personally bought, sold (made a lot) and then bought again as they've been in their current lull and am planning on holding for probably 3 years. By which point TARP will be far in the past, CEO scandals will have been long settled and both should be getting somewhere around 50% of their pre-crash value meaning quadrupling and doubling my money respectively. If not, hey, I'm not dropping all that much for a couple hundred shares of a $4 Citigroup stock now am I?
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12-13-2009, 08:36 PM
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#21 (permalink)
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5,000+ posts
Join Date: Sep 2001
Location: Chicago, IL
Posts: 5,333
 #53 Greg Jones
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Quote:
Originally Posted by gostate69
look into STEC, announcement coming as early as next week, should raise PPS 2-3 $ IMO
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hmmmmm.... this company will be mired in lawsuits for a while..... not sure what type of announcment could help them now.....
care to elaborate, cause I am still on the fence for this one as they are market leaders for SSD's
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12-13-2009, 08:56 PM
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#22 (permalink)
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25,000+ posts
Join Date: Aug 2001
Location: florida
Posts: 49,654
 #96 Kevin Pickelman
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Quote:
Originally Posted by ylspartanfan
It's been time brother, you've missed A LOT of gains this calendar year. It looks like we're headed for growth but slower growth from this point forward. The big bounce has already happened and now we'll be back to more normal growth patterns in 2010. If you can handle some risk and can wait for returns in 3-5 years, Citi and Bank of America still have a lot of room to run but both are still on dangerous footing. I personally bought, sold (made a lot) and then bought again as they've been in their current lull and am planning on holding for probably 3 years. By which point TARP will be far in the past, CEO scandals will have been long settled and both should be getting somewhere around 50% of their pre-crash value meaning quadrupling and doubling my money respectively. If not, hey, I'm not dropping all that much for a couple hundred shares of a $4 Citigroup stock now am I?
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Look, I am not asking guys to brag about how much money they made in the market. I really don't give a crap. I am just wondering if it's time to get back in as I left it for a while. I used to make a lot of plays from 1998 to 2007. Then, when the real estate market crashed, I just decided to take a seat on the sidelines and bank the extra money whenever it came in. Now, I am willing to risk it again.
If the consensus is to wait and see after the first quarter, then good, I might just do that. Thanks for the advice and leave your bragging to yourself. Oh, I just bought an iMac.
__________________
Dantonio's response: "Well Paul, hold on a second, Paul, hold on a second, because the look I saw on Michigan's faces was 'Oh, no, the Spartans beat us again.'"
CRUSH KILL DESTROY THE OPPOSITION.
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12-13-2009, 08:57 PM
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#23 (permalink)
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25,000+ posts
Join Date: Aug 2001
Location: florida
Posts: 49,654
 #96 Kevin Pickelman
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Is BIDU a good play? I played with it a few years ago and did well.
__________________
Dantonio's response: "Well Paul, hold on a second, Paul, hold on a second, because the look I saw on Michigan's faces was 'Oh, no, the Spartans beat us again.'"
CRUSH KILL DESTROY THE OPPOSITION.
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12-13-2009, 08:58 PM
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#24 (permalink)
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25,000+ posts
Join Date: Aug 2001
Location: florida
Posts: 49,654
 #96 Kevin Pickelman
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[QUOTE=Duffy2;6412358]While this is true for most people who did not panic and sell from Nov 08 - Mar. 09 you are still under water if you look at your 2yr over 2 yr values.......
Still, I think one of the worst things that the last 2 years has wrought is that we now have a new binge of "market timers" who want us to believe they saw the 2007 highs in securities and real estate, sold and magically saw April 2008 as the "buy' signal.
If that is true with anyone on this board, I would be very surprised. The tough thing about investing in a single investment or a well diversified portfoilio is that it is human nature to think of your net worth at its peak. In the short term you will always be unhappy....I tell those folks if they feel bad about a month end report back in 2007, PLEASE don't look at some of your mid day highs in the middle of a reporting period or you will cut your wrists,
So, we're gald you have recovered y/y but doubt you are better off that 2y / 2y and yet,
you should be just fine. If you truly are stating you are better off 2y / 2y we will simply require some solid proof as.........and I say this sincerely, I review over 1,000 portfolios with an average balance of over $500,000 and NONE of them is over their October end 2007 value.[/QUOTE]
Hmmmm, I might have to pm this lad.
__________________
Dantonio's response: "Well Paul, hold on a second, Paul, hold on a second, because the look I saw on Michigan's faces was 'Oh, no, the Spartans beat us again.'"
CRUSH KILL DESTROY THE OPPOSITION.
Last edited by Mr. Tanfan; 12-13-2009 at 09:01 PM.
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12-13-2009, 09:01 PM
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#25 (permalink)
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25,000+ posts
Join Date: Aug 2001
Location: florida
Posts: 49,654
 #96 Kevin Pickelman
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Let's say, you suddenly came into one million dollars in cash. How would you guys invest it? Hypothetically speaking that is.
__________________
Dantonio's response: "Well Paul, hold on a second, Paul, hold on a second, because the look I saw on Michigan's faces was 'Oh, no, the Spartans beat us again.'"
CRUSH KILL DESTROY THE OPPOSITION.
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