Page 1 of 2

To all shareholders

Posted: September 29th, 2008, 11:06 am
by britincali
RUN AWAY!!!!!!!!!!!!!!






I wonder how many stock brokers are opening pill bottles and finding rope right about now??????

Posted: September 29th, 2008, 12:26 pm
by JBaze
Yeah, I heard the "bailout" got refused. Thats funny. I'm poor anyhow, so I'm pretty used to that lifestyle. Wait until all those guys have to sell their ferrari's and buy geo's!

Posted: September 29th, 2008, 12:43 pm
by AlisoBob
I've made a good amount of money in the market..... While everyone is ready to jump of the cliff today , all I see is oppertunity! ( I've also been 100% cash for 4 months.... watching this storm brew, and brew....)

I'm surprized how many times people tell me they dont invest, because its "too complicated", or they "Dont have enough money too start investing".

Both are terrible excuses...

RIGHT NOW is the time to start investing for your future!

Back in late 2000 / early 2001 EVERYBODY was jumping in to invest for the first time..... at the peak of a 10 year bull run... That is the very worst time to do so, as many found out.

As bleak as the news paints the economy, and far as the market has fallen in the last 7 trading sessions, NOW is the time to get positioned....

I feel for those feeling real pain today, but I'm pretty excited about the pullback...

Image

Posted: September 29th, 2008, 12:47 pm
by ISBB
If i come across some spare money after the next couple weeks i will be investing as well.. :D Im already helping the economy get another REO home off the market heh.. :D

Posted: September 29th, 2008, 1:20 pm
by britincali
Dow is -777 right now boys and girls, run for cover......

Posted: September 29th, 2008, 1:37 pm
by dannygraves
I'm checking the couch cushions right now for some money to invest! damn paying off $7000 in cc debt over the last 3 months, I could really use that money right now!
you think they'll let you buy stock with a CC??? :wink: :wink: :roll:

Posted: September 29th, 2008, 1:45 pm
by dannygraves
there are shops going out of business like crazy around here. wicks furniture went under a couple months ago and we did the a/c for their new building... just noticed the other day a shoe store and linnens 'n' things are going under, and a few months ago they closed the compUSA in the same shopping center.
It sucks, but it also offers a clean slate for new ones. there is now available store fronts at a very good price which new businesses are moving into everyday!

it just like the situation with my house right now. We bought it for $550,000 it currently lists as being worth $389,500. My mother in law got the 20 loan thrown in her BK, so we owe $440,000. we skipped some payments to get the bank to work with us on the remaining loan and they are being assholes and trying to stick us with tens of thousands in fees and shit, so I'm telling my mother in law to tell them to help us out or they can have a REO that they will get $300,000 at most for!

I'm shopping around and finding suitable houses for under $150,000 and its harder for me to justify making a $3000 motrgage in our situation, plus the bank is trying to make us make double payments for 6 months, for that I'm telling them to eat shit!

Posted: September 29th, 2008, 5:48 pm
by iggys-amsoil
Well as they say, "Buy the Dip." :lol:

Posted: September 29th, 2008, 8:35 pm
by nmdesertrider
dow 6000

I'm not giving any more advice

Posted: September 29th, 2008, 9:16 pm
by ISBB
i know where you can find some nice ones for 175.. however finding a 150k house in vegas that isnt destroyed is going to be tuff... ask me how i know.. Thats what i "WAS" shopping for till i upped my price bracket. Which i found out today is gonna cost me a whole $173 more a month than my current rent payment :P Total financed 172k on a home that sold for over 350k at the peak of the market :D

Posted: September 29th, 2008, 9:46 pm
by AlisoBob
Nice , ISBB....

:wink:

Posted: September 29th, 2008, 9:48 pm
by JBaze
According to the newspaper tonight, markets are taking a dive all over the place. Nice to know we're not alone in the mess, even though it's all because of our stuff.

Posted: October 9th, 2008, 4:13 pm
by AlisoBob
When the Dow hits mid 8,000, I'm jumping back in.... I think it will rebound from there without too much danger to the downside...


...but then again....



:?: :?: :?: :?: :?:

Posted: October 9th, 2008, 4:16 pm
by Mad Dog
Did you notice it's already there?

Posted: October 9th, 2008, 5:11 pm
by JBaze
I think it will get alot worse before it starts coming back. I think it would be different if the rest of the world markets were not crashing too. On the upside though, housing prices in Florida are at all time lows. Can anyone say vacation home?

Posted: October 9th, 2008, 5:32 pm
by ISBB
first time buyers advantage :D

Posted: October 9th, 2008, 7:01 pm
by AlisoBob
Mad Dog wrote:Did you notice it's already there?
:wink:

Another 150 /200 points.


Some Dow stocks cant really fall much lower, due to their yeild...

I'll commit about 20% of my cash at m first buy....

Posted: October 10th, 2008, 8:45 am
by MojoScojo
Image

Posted: October 10th, 2008, 12:04 pm
by redrocket190
One market observer commented recently that stocks were a good bet...if you're thinking long-term like 10+ years. So buyer beware short-term.

Posted: October 10th, 2008, 5:42 pm
by AlisoBob
I bought in at the market open, when it was down another 750... I had an ok day from there...

Posted: October 13th, 2008, 2:46 pm
by AlisoBob
AlisoBob wrote:I bought in at the market open, when it was down another 750... I had an ok day from there...
From the 10th, to today...the 13th.... I've had quite a run....



:twisted:

Did anyone else jump back in Thursday/ Friday?

Posted: October 13th, 2008, 2:57 pm
by dannygraves
I wish I had money :cry: I really wanted to....

well Bob, looks like you can fix the truck now :wink:

Posted: October 13th, 2008, 3:16 pm
by roost251
good rally today
it will be like this up and down for a while, i dont think we have hit bottom though that will be in about 2 yrs when it starts to level out, great for the long term though. thats the key to think for the long haul, u can slit ur wrists if u think day to day.

this is the time to have your $$ saved to pick up stuff for cheap,

Posted: October 13th, 2008, 5:03 pm
by AlisoBob
Danny.... call me.

Posted: October 13th, 2008, 5:06 pm
by AlisoBob
dannygraves wrote: Bob, looks like you can fix the truck now :wink:
I got two quotes.... $2800 & $3000

Cepek hooked me up with this old, salty dog bodyman he knows.... $400

:cool:

It will look 95% as good, for -$2400

WhoTheFuck dosent Cepek know?