Market thoughts ... November 1

Forum: Investments
Author: [Investments] Topic: Market thoughts ... November 1
cave0707 PM cave0707
Joined: Oct 2009
Posts: 1242
United States
 
cave0707
Participation Meter
Posted: 11/1/2011 4:09:40 PM
Actually there's nothing to think about today.  It's absolutely retarded, this market is news driven and Greece is the headlines again.  I swear man, they need to get their sh*t together or this uptrend won't last.  Four weeks ago I was up 21% year-to-date.  Not the case today, down 2% year-to-date and about to take a further beating as this market sells off.

I recommend nobody tailing me as I'm getting crushed ... for the record I'm long TNA, CDNS, GNC, CEVA and ... drum roll ... bought some LNKD!!!!  Rolling the dice with this play and maybe lose the little credibility I have left if any at all.  Reports in a couple days ... I'm praying!!
cave0707 PM cave0707
Joined: Oct 2009
Posts: 1242
United States
 
cave0707
Participation Meter
Posted: 11/1/2011 4:11:50 PM
LNKD's PE ratios in the 300's ... my holding are
bigbill365 PM bigbill365
Joined: Mar 2011
Posts: 1867
United States
 
bigbill365
Participation Meter
Posted: 11/1/2011 5:06:00 PM
dam cave not lookin good u got any stock picks for $5 and under
BIGfnPOO PM BIGfnPOO
Joined: Jun 2006
Posts: 15725
United States
 
BIGfnPOO
Participation Meter
Posted: 11/1/2011 8:58:59 PM
get in with dodge and cox son safe and secure 7% yr    income fund 13&+   mutual fund nvr lost $   bigpootoldyaso......
cave0707 PM cave0707
Joined: Oct 2009
Posts: 1242
United States
 
cave0707
Participation Meter
Posted: 11/2/2011 2:55:12 PM
QUOTE Originally Posted by BIGfnPOO:

get in with dodge and cox son safe and secure 7% yr    income fund 13&+   mutual fund nvr lost $   bigpootoldyaso......


I'm a fan of Dodge & Cox BigfnPOO.  These guys are team-based in terms of their stock selection so their picks gotta be good ... VALUE wise.  Dodge & Cox are must have in your 401k, IRA or whatever crazy retirement product you have.  Good pick ... But I'm a trader too so simply dumping all my funds into a mutual fund is not my style!! Good luck to you.
cave0707 PM cave0707
Joined: Oct 2009
Posts: 1242
United States
 
cave0707
Participation Meter
Posted: 11/2/2011 2:57:21 PM
QUOTE Originally Posted by bigbill365:

dam cave not lookin good u got any stock picks for $5 and under


Big bill, I don't dabble in that bucket bro ... I try to buy em $10 and up if I can help it.  CDNS was $11 a share when I took a stab.  Anything in the single digits screams "WATCH OUT" ... so I stay away ... good luck to you.
Forum: Investments
You have entered the forum as a GUEST. 
You must login/register to post or reply.