Stock market (Jan 16 2008) market, Stock, Jan

daimo

It's an overall mixed session today.

Who will be buying, who will be selling tomorrow? who will do nothing?  Which stock?

eggo

All i know is that my RRSPs and Regular mutual funds totally sink below costs today

ACC-HE

The market is dropping and dropping... how about something that bet against it?

http://finance.google.com/finance?q=sds

lerico

I'd do nothing. The market has been like this for the last two months, up and down, up and down.

daimo

i sold majority in Nov, and sold a bit today.  Right now, I'm mostly in cash position.

Wish I sold everything back in Oct.

I'm not getting in.

shutterbug

I'm mostly doing nothing now...maybe day trade a couple of "bulletproof" stocks and that's it...don't expect to make much in a while...

daimo

even intra-day is just un-predictable; HUGE swing, Bull and Bear traps everywhere.  

*sigh* The banks used to be "bulletproof" ....

shutterbug

yes, nothing is bulletproof now, everyone is shorting

CIBC price got halfed...which might be a good thing if you're long term.  Banks is still bulletproof long term.

I'm looking at TD.  They claim that they don't have any subprime exposure and it's price is holding fairly well now at around 63-64US

快樂牛郎

Today was much better than a few days before.
I didn't unload anything. Just sink with the market.

daimo

Ouch ... all red again.