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Gee, I never thought of day trading in T-Bills!
Good Luck! :) |
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#74. Good luck with that. B |
SP500 S&P 500 Index (INDEX) Delayed quote data 3/18/2008 4:59 PM hide quote detailed quote options chain
chart helphttp://i.bigcharts.net/images/help.gifhttp://i.bigcharts.net/1.gifhttp://i.bigcharts.net/1.gifhttp://i.bigcharts.net/1.gifhttp://i.bigcharts.net/1.gifhttp://i.bigcharts.net/1.gifhttp://i.bigcharts.net/1.gifLast: 1,330.74 Change: http://i.bigcharts.net/images/arrows/arrow_up_sm.gif +54.14 Open: 1,277.16 High: 1,330.74 Low: 1,277.16 Volume: n/a Percent Change: +4.24% Yield: 2.07% P/E Ratio: 16.90 52 Week Range: 1,256.98 to 1,576.09 http://bigcharts.marketwatch.com/cha...ck=1&rand=7450 Any of you "T-Bill Day-Traders" pick-up 4.24% in one day's trading.........he he he..........?:D |
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I wasn't there but I can only imagine that in the early days of our country, people who invested in this or that venture had some understanding of the company, perhaps they'd met the founder, used the product with good results, believed in the product, etc.
It strikes me that many people these days do something that's sort of like a much slower version of day-trading. Investors (IME) frequently don't have much knowledge of the company, they go by the numbers and when the numbers indicate (to them) that they've got their profit and need to bail out, they do, sort of like slow motion day trading. Something a tad bizarre about that IMO. |
I shouldn't be surprised that there is no response to this.
The renewed market fever of 2007 reminds me of some Slim Pickens look-a-like sitting on the Wall St. Bull statue, yee-HAWing while waving his cowboy hat. There is this wild belief that money will just flow from the spigot -- doesn't matter if you know why you're investing your money, just get that spigot flowing, GDit! |
I'm getting excited! I can't beleive all the good deals that are popping up this year! Plus people are scared so you actualy have time to buy them without having to run out and write a check for the damn thing in the next 10 minutes. Not to mention the competition, well I don't really know where most of them went...
Real estate is on sale! SWEET! I wish I had a lot of money for this market cycle, next time around I'm going to make sure I hit it with a ton of cash. I found a 2 family that will cash flow! Yes for the first time in a long time they exist! RE is returning to the fundimentals!:cool: |
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B |
Right now the bond traders are having a blast with daily 150-200bps swings, I bet Crash9 is having more fun than a trader should be allowed to have.
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Those were the good ol' days eh?
How's it going?? |
Wow, reading through this is almost scary. Good dig!
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I'll admit that what I had been reading in the journals in Oct. 2007 should have alerted me to pay more attention but the truth is that shortly afterward that year and into most all the 2008, some critical family matters washed over everything.
Basically I could have helped my folk's IRA out a bit with some opinions although it is 'professionally managed' and it was already a conservative fixed income investment paradigm. i.e. 30% in stocks, so losses were limited but real. I personally bled mostly on real estate not the stock market directly. But its intersting to look back anyway.:) |
*sigh*
bot. I remember this thread. I'm softly weeping at my desk. did he ever fix his beaver problem? |
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