View Poll Results: Who suffered from recent meltdown?

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  • Got shares, stuck on my portfiolio and am stuck with a lot of paper value loss

    9 75.00%
  • Cut loss and now waiting to stay invested

    2 16.67%
  • Sold everything on the high and out

    1 8.33%
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Thread: Subprime issue in the financial markets and your shares

  1. #201

    Default Re: Subprime issue in the financial markets and your shares

    Weak close on monday, with all the talks of '87 crash making people panic. People will sell off everything on Monday, great time to jump in and get in on the action. Don't think bear is coming, just a normal correction.

    Anyway, anyoner here work the floors or a full time trader?

  2. #202
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    Default Re: Subprime issue in the financial markets and your shares

    in addition, China economy is overheating, those interest rate hike are proven useless.

    once the Turks attack Northern Iraq, 100 oil is easy.

  3. #203

    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by Jem777 View Post
    Weak close on monday, with all the talks of '87 crash making people panic. People will sell off everything on Monday, great time to jump in and get in on the action. Don't think bear is coming, just a normal correction.

    Anyway, anyoner here work the floors or a full time trader?
    You can check with raincool2005. He is a PRO in trading, making at least $1,000 a day.

  4. #204

    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by NitroTech View Post
    The day of the SHORTISTS have arrived!!! Woohoooooooooo!!!!!!!!!!!! can't wait!! CRASH CRASH CRASH!!!!
    SHORT! SHORT! SHORT!

  5. #205
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    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by Jem777 View Post
    Weak close on monday, with all the talks of '87 crash making people panic. People will sell off everything on Monday, great time to jump in and get in on the action. Don't think bear is coming, just a normal correction.

    Anyway, anyoner here work the floors or a full time trader?
    I'm in the line but not on the floor..... think floor trading is already history in Spore.

  6. #206
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    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by USM View Post
    You can check with raincool2005. He is a PRO in trading, making at least $1,000 a day.
    trust me... the pros make $1000 in 5 mins.

  7. #207

    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by Jem777 View Post
    Weak close on monday, with all the talks of '87 crash making people panic. People will sell off everything on Monday, great time to jump in and get in on the action. Don't think bear is coming, just a normal correction.

    Anyway, anyoner here work the floors or a full time trader?
    if mon NY down again how? safer to jump in on tue?

  8. #208

    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by USM View Post
    You can check with raincool2005. He is a PRO in trading, making at least $1,000 a day.



    I must meet this guy.

  9. #209

    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by NitroTech View Post
    I'm in the line but not on the floor..... think floor trading is already history in Spore.
    Sweet, what are you working as?

    Quote Originally Posted by NitroTech View Post
    trust me... the pros make $1000 in 5 mins.
    Day trading? Tell tell!

    Quote Originally Posted by Quest View Post
    if mon NY down again how? safer to jump in on tue?
    Tuesday seems safer, although I THINK the trend will start to change on Monday. Good chance of a big recovery next week (Monday most probable), imho of course.
    Last edited by Jem777; 21st October 2007 at 09:57 PM.

  10. #210
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    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by Quest View Post
    if mon NY down again how? safer to jump in on tue?
    i guess we should adopt a "wait and see" attitude for now. There will be margin calls/ force selling these few days.

  11. #211
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    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by Jem777 View Post
    Sweet, what are you working as?

    I'm a day trader. Equities.

  12. #212

    Default Re: Subprime issue in the financial markets and your shares

    Market is so RED in the now....

  13. #213
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    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by scanner View Post
    Market is so RED in the now....

    Yup but off the lows already. Good day for trading. Nice range!

  14. #214

    Default Re: Subprime issue in the financial markets and your shares

    High hopes, but I'm praying for SGX to go sub $13

  15. #215

    Default Re: Subprime issue in the financial markets and your shares

    Buyers are coming in.

    As expected, panic selling first, then buyers picking cheap stocks later.

    Overall, the market is still bullish.

  16. #216
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    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by USM View Post
    Buyers are coming in.

    As expected, panic selling first, then buyers picking cheap stocks later.

    Overall, the market is still bullish.
    yup..

  17. #217

    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by raincool2005 View Post
    yup..
    Pro trader has arrived



    SGX didn't dip as much as I hoped it would.

  18. #218

    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by USM View Post
    Buyers are coming in.

    As expected, panic selling first, then buyers picking cheap stocks later.

    Overall, the market is still bullish.
    Too early to say anything now, the most short to earn.
    If you US market drop tonight again, then tomorrow is another RED.
    However, I believe US Fed is going to cut interest rate again...
    Any comment on this?

  19. #219

    Default Re: Subprime issue in the financial markets and your shares

    Quote Originally Posted by scanner View Post
    Too early to say anything now, the most short to earn.
    If you US market drop tonight again, then tomorrow is another RED.
    However, I believe US Fed is going to cut interest rate again...
    Any comment on this?
    I think its a possibility but I dont really see it happening unless we get a couple more days like on friday. All I know is short term things are pretty damn cheap after friday. Friday really gave people some time to get into stocks that came out with great earnings but were down the following day IMO.

  20. #220
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    Default Re: Subprime issue in the financial markets and your shares

    US futures dropped 131.

    STI next support will be around 3550.

    btw, i noticed not all blue chips are down exp.. F&N being collected by foreign banks like JPM, ML etc.. why are they collecting ? anyway.. it is a good sign.
    Last edited by raincool2005; 22nd October 2007 at 09:06 PM.

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