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89coupe
07-23-2002, 02:45 PM
oh...I read Marketplace and I figured it had to do with investments :p j/k

Serious though, any hot tips?
Ed the SOHC
07-23-2002, 02:49 PM
hot tip #1.... sell!
89coupe
07-23-2002, 02:52 PM
I disagree, the market is in a slump so that means "buy" ;)

Here is a really good stock to buy ;) ELK on the TSC
Ed the SOHC
07-23-2002, 02:56 PM
i'm waiting for it to go even lower cuz i have a feeling that this "economic down turn" will last longer.

I don't play the stocks anymore... got burnt by nortel already...
Ed the SOHC
07-23-2002, 03:02 PM
I haven't exactly cut my losses with Nortel... it's worth so little that it seems like I've lost so much. John Roth you owe me money! :madred:
B17a
07-23-2002, 03:09 PM
I wouldn't worry about rushing in too soon, the markets are going nowhere but down for the foreseeable future. Until all the cheaters are shaken out, it will be scandal after scandal.
89coupe
07-23-2002, 03:09 PM
One of the saddest days I had was during the big tech boom. I bought 3000 shares of UBS at 1.99 it went up to $18 and I still didn't sell thinking they were going to follow in the footsteps of Wilan. I was thinking $40...man was I wrong :banghead:

Lets just say I never sold :banghead:
max_boost
07-23-2002, 03:28 PM
Originally posted by 89coupe
One of the saddest days I had was during the big tech boom. I bought 3000 shares of UBS at 1.99 it went up to $18 and I still didn't sell thinking they were going to follow in the footsteps of Wilan. I was thinking $40...man was I wrong :banghead:

Lets just say I never sold :banghead:

Greedy! haha j/k

You would have turned a nice profit:)
Fat Dave
07-23-2002, 05:38 PM
The only hot tip for now is pick a lemon and sell short.
Ferio_vti
07-23-2002, 05:47 PM
Jump of the tallest building, making sure you won't survive. And live your ride for us.
max_boost
07-23-2002, 08:06 PM
Originally posted by Ed the SOHC
i'm waiting for it to go even lower cuz i have a feeling that this "economic down turn" will last longer.

I don't play the stocks anymore... got burnt by nortel already...

4 years ago Nortel was at the top, $200/share and now $2!

Very volatile!
Audi Kid
07-28-2002, 04:56 PM
my bro's a broker so if i wanna invest and make some $ i just send it to him hehe
E36M3
07-29-2002, 05:58 PM
Originally posted by 89coupe
oh...I read Marketplace and I figured it had to do with investments :p j/k

Serious though, any hot tips?

Buying individual stocks is a losing proposition for 95%+ of people. The best advice I ever got was to invest in Index Funds. Some of the best ones is the S&P 500 Index funds, which track the stocks which Standard & Poor rated the 500 best companies in the United States.

If I were you, I'd wait a couple months for the bloodbath to end, because I think the markets in general have a ways more to slide. Real Estate is a much more conservative option right now.