Goto the eInvesting Home Page
Home    Investing Forums    Edit Your Profile    Manage Your Portfolio    View the Rankings    Learn about the Simulator

Welcome to eInvesting! You've found the coolest stock market game on the web. At eInvesting you compete for monthly cash prizes while you interact, make virtual dollars, purchase items, and trade in the realistic stock market simulator. We make investing FUN!

Join now and and start trading right away!
Log In to make this message disappear!

 
  ::  Register  ::  Log in  ::  Log in to check your private messages
Purchase e$ Purchase e$ Virtual Store Virtual Store FAQ  FAQ      Search Search  
 
 
www.eInvesting.com Forum Index » The Stock Market

Big market gain... for no reason


Post new topic Reply to topic Goto page 1, 2  Next
Big market gain... for no reason « View previous topic :: View next topic »
Author Message
Dave Rathbun
PostPosted: Tue Sep 18, 2007 2:41 pm Post subject: Big market gain... for no reason Reply with quote

CFO
CFO

Joined: 10 Apr 2005

Posts: 3690
This Month: 0
Location: Texas
395796.65 e$

Net worth: 557,159.65
Portfolio Value: 0.00
Monthly Return:
0.00%
Trades this month: 0
Churn Rate: 0.00%

Items

Yeah, I know, the Fed dropped the rates a full 50 basis points. But to what end? The market is way up, at least the DOW. So is there enough boost in the dropping of the discount rate to continue pushing the DOW up even further?
Back to top
NCSUPAGE
PostPosted: Tue Sep 18, 2007 3:11 pm Post subject: Reply with quote

Investing Manager
Investing Manager

Joined: 07 Nov 2005

Posts: 854
This Month: 0
Location: Raleigh, North Carolina
3205.49 e$

Net worth: 651,690.09
Portfolio Value: 24,527.60
Monthly Return:
-4.35%
Trades this month: 0
Churn Rate: 0.00%

Items

I think the markets are currently over-hyped and are too high to do well for long, but I'm not nearly as versed in market history as some members of this site. It seems to me that bad things always happen after we run things up too far and we never know what that breaking-point is.
Back to top
admin85
PostPosted: Tue Sep 18, 2007 4:02 pm Post subject: Reply with quote

Investing Associate
Investing Associate

Joined: 27 Aug 2007

Posts: 49
This Month: 0
Location: Malaysia
6110.47 e$

Net worth: 16,636.05
Portfolio Value: 2,733.58
Monthly Return:
-5.74%
Trades this month: 0
Churn Rate: 0.00%

Items

yeah the market are to high to do well for a long time... i egree with NCSUPAGE...
Back to top
PaulHugan2K
PostPosted: Mon Oct 01, 2007 9:07 am Post subject: Reply with quote

Investing Associate
Investing Associate

Joined: 29 Sep 2006

Posts: 36
This Month: 0
Location: Lima, Peru
186.15 e$

Net worth: 4,737.65
Portfolio Value: 4,551.50
Monthly Return:
-8.05%
Trades this month: 0
Churn Rate: 0.00%

Items

Then with current behavior in stock exchange we could hope a crysis the next year ?

I heard some specialist talking about 2008 as a year with economic recession (at least in southamerica, but our economy is like an amplifier of what happend in the globe).
Back to top
DKnightSr
PostPosted: Mon Oct 01, 2007 10:46 am Post subject: Reply with quote

Member of the Month
May
Member of the Month<br>May

Joined: 22 Oct 2005

Posts: 661
This Month: 4
Location: Helena, MT
17556.79 e$

Net worth: 409,822.67
Portfolio Value: 737.88
Monthly Return:
7.06%
Trades this month: 3
Churn Rate: 1.95%

Items

The only thing I can figure to this "Fantasyland" market is that everyone set their 401K's to "Max Market" and have left the switch on. Though they definitely influence the market....so do foreign investors. A slipping dollar really hurts for them....and we all know it has slipped alot! I'm waiting for them to decide "enough is enough" and take their money elsewhere. Should be a real shock for the old DJIA.

QID is looking pretty good right now Laughing
Back to top
NCSUPAGE
PostPosted: Mon Oct 01, 2007 4:09 pm Post subject: Reply with quote

Investing Manager
Investing Manager

Joined: 07 Nov 2005

Posts: 854
This Month: 0
Location: Raleigh, North Carolina
3205.49 e$

Net worth: 651,690.09
Portfolio Value: 24,527.60
Monthly Return:
-4.35%
Trades this month: 0
Churn Rate: 0.00%

Items

Shocked Shocked 14,000!??? Shocked Shocked

What is going on with these crazy people!?
Back to top
DKnightSr
PostPosted: Mon Oct 01, 2007 5:13 pm Post subject: Reply with quote

Member of the Month
May
Member of the Month<br>May

Joined: 22 Oct 2005

Posts: 661
This Month: 4
Location: Helena, MT
17556.79 e$

Net worth: 409,822.67
Portfolio Value: 737.88
Monthly Return:
7.06%
Trades this month: 3
Churn Rate: 1.95%

Items

NCSUPAGE wrote:
Shocked Shocked 14,000!??? Shocked Shocked

What is going on with these crazy people!?


NCSUPAGE- If you figure that one out....be sure and let me know. We'll both make a killing! Laughing

I've never seen anything like this.....all the reports showing negative, earnings dropping, credit tightening, and still the party goes on.

I'm on the sidelines until SOMEBODY gets a clue and we get back to semi-reality. I figure another 5% tank oughta be a good start. It's happened before....and I think we're about due to repeat history.
Back to top
Dave Rathbun
PostPosted: Tue Oct 02, 2007 6:27 pm Post subject: Reply with quote

CFO
CFO

Joined: 10 Apr 2005

Posts: 3690
This Month: 0
Location: Texas
395796.65 e$

Net worth: 557,159.65
Portfolio Value: 0.00
Monthly Return:
0.00%
Trades this month: 0
Churn Rate: 0.00%

Items

I'm still waiting ... I was playing the "diamonds" here on the SIM for a while, getting in and out on short daily swings. And long term investments are staying invested. Meaning I'm not cashing out of the market to sit completely on the sidelines. But I'm sitting on a fair chunk of change that is waiting to be invested just because I am wary of plugging money in right now.

If the upward momentum continues for another 2-3 weeks then I will start investing and averaging up (or down) as the market continues to move. The summer doldrums are over, and the fall markets (especially for tech stocks) are often the best. I don't want to be left behind.

But darn it, I'll whine about it the entire way. Wink I hate investing at the top.
Back to top
hogieg
PostPosted: Sun Oct 07, 2007 1:48 pm Post subject: Re: Big market gain... for no reason Reply with quote

New Poster
New Poster

Joined: 07 Oct 2007

Posts: 1
This Month: 0

5699.67 e$

Net worth: 5,699.67
Portfolio Value: 0.00
Monthly Return:
0.00%
Trades this month: 0
Churn Rate: 0.00%

Items

Dave Rathbun wrote:
Yeah, I know, the Fed dropped the rates a full 50 basis points. But to what end? The market is way up, at least the DOW. So is there enough boost in the dropping of the discount rate to continue pushing the DOW up even further?

this is stupid Razz
Back to top
Slim_80
PostPosted: Mon Oct 08, 2007 4:44 am Post subject: Reply with quote

Investing Sr. Associate
Investing Sr. Associate

Joined: 18 Jun 2007

Posts: 99
This Month: 0

112.58 e$

Net worth: 51,939.88
Portfolio Value: 34,472.30
Monthly Return:
-3.22%
Trades this month: 0
Churn Rate: 0.00%

Items

I'll take it though. I'm betting a lot of stocks will hit this month.
Back to top

rykarde
PostPosted: Mon Oct 08, 2007 4:51 am Post subject: Reply with quote

Investing Sr. Associate
Investing Sr. Associate

Joined: 13 Oct 2005

Posts: 161
This Month: 0
Location: Lebanon, Tennessee
459.96 e$

Net worth: 67,639.00
Portfolio Value: 5,937.04
Monthly Return:
-4.53%
Trades this month: 0
Churn Rate: 0.00%

Items

I could stand to get some big gainers for a little while .. then get out ... or stay .. or I could just play the sim ...
Back to top
NCSUPAGE
PostPosted: Mon Oct 08, 2007 4:29 pm Post subject: Reply with quote

Investing Manager
Investing Manager

Joined: 07 Nov 2005

Posts: 854
This Month: 0
Location: Raleigh, North Carolina
3205.49 e$

Net worth: 651,690.09
Portfolio Value: 24,527.60
Monthly Return:
-4.35%
Trades this month: 0
Churn Rate: 0.00%

Items

DKnightSr wrote:
NCSUPAGE wrote:
Shocked Shocked 14,000!??? Shocked Shocked

What is going on with these crazy people!?


NCSUPAGE- If you figure that one out....be sure and let me know. We'll both make a killing! Laughing

I've never seen anything like this.....all the reports showing negative, earnings dropping, credit tightening, and still the party goes on.

I'm on the sidelines until SOMEBODY gets a clue and we get back to semi-reality. I figure another 5% tank oughta be a good start. It's happened before....and I think we're about due to repeat history.


These people are STILL up there? I mean, they've got to be seriously high!

I'm amazed Progress Energy's stock actually went up since CEO had a stroke in London earlier today. I think a lot of it had to do with the news breaking close to the closing bell...
Back to top
NCSUPAGE
PostPosted: Sat Oct 20, 2007 5:24 am Post subject: Reply with quote

Investing Manager
Investing Manager

Joined: 07 Nov 2005

Posts: 854
This Month: 0
Location: Raleigh, North Carolina
3205.49 e$

Net worth: 651,690.09
Portfolio Value: 24,527.60
Monthly Return:
-4.35%
Trades this month: 0
Churn Rate: 0.00%

Items

Well, looks like yesterday they finally decided to deflate some of the values, I just wish they hadn't done it 300+ points at a time - it just makes for a bad day and begins a rough trading week the next week...
Back to top
efflandt
PostPosted: Sat Oct 20, 2007 8:21 am Post subject: Reply with quote

Investing Manager
Investing Manager

Joined: 01 Oct 2005

Posts: 206
This Month: 0
Location: Elgin, IL USA
76703.56 e$

Net worth: 105,946.56
Portfolio Value: 29,243.00
Monthly Return:
-4.93%
Trades this month: 0
Churn Rate: 0.00%

Items

The press seemed to be parading mostly bearish news Friday that it was the anniversary of Black Monday, and that CAT said that their customers have been telling them they were already in a recession. While CAT's homebuilder customers may be in a recession, I have noticed a lot more Volvo earth movers on construction sites. So maybe they are just losing market share.

Someone from Rio Tinto said they were having trouble getting delivery of mining equipment, ie, a shortage of equipment.

So it may have just been the press trying to stir things up, along with options Friday. More earnings news this week will shed some light on the broader picture.
Back to top
Im Not Warren Buffett
PostPosted: Sat Oct 20, 2007 10:21 am Post subject: Reply with quote

CFO
CFO

Joined: 26 Nov 2005

Posts: 3481
This Month: 0
Location: Boston
11592.10 e$

Net worth: 7,121,724.30
Portfolio Value: 20,235.20
Monthly Return:
10.28%
Trades this month: 0
Churn Rate: 0.00%

Items
more...

Listening to CNBC is generally bad for your health. I keep it on mute most of the day unless there is some particularly intersting person coming on, like a CEO of a company I'm looking at or a well-known fund manager (Marty Whitman is great).

Ignore most of what is happening and being said "out there." Plenty of values still exist, particularly in retail.
Back to top
Display posts from previous:
Post new topic Reply to topic Goto page 1, 2  Next Page 1 of 2

www.eInvesting.com Forum Index » The Stock Market » Big market gain... for no reason
Jump to:  




Penny Stock Simulator | What are e$? | Forum Rules | FAQ | Manage Your eInvesting Portfolio | Privacy Policy | Links
PcTechTalk | Club-tC | Lost Discussion | World Class Designs | Xtreme Tuning | Statistical Trading | Advertise with eInvesting!


Before acting on any advice or program you find here at eInvesting.com we strongly recommend that you seek independent & professional legal, tax and investment advice as to whether it is suitable for your particular needs and circumstances. Failure to seek personally tailored, detailed, professional advice prior to acting could lead you to act contrary to your own best interests and could lead to loss of money. eInvesting.com is not responsible for your actions, so do it right!

Powered by:phpBB VERSION 59
© 2005, 2006 eInvesting.com