JustPlainPolitics Stock Market Game

DigitalDave said:
These guys want to play safe... lol, screw them. I'm playing to win.
Click to expand...

Risk doesn't always positively correlate to gain. Your are simply delusional if you think there's any chance that the stock will rally up high enough to get you any sort of real gain. It is better to wait until word of the bailout anyway.
 
DigitalDave said:
These guys want to play safe... lol, screw them. I'm playing to win.
Click to expand...

Not hardly... I have been bouncing all over the board today... I was down 4% about 30 minutes ago... now I am up.

The bulk of my portfolio is betting on this deal getting done this week. If it happens, my commodity holdings are going to fly. If not... I watch as I lock up fifth place. Not last though... your WM strategy will keep you below me if the deal doesn't get done.
 
Watermark said:
Risk doesn't always positively correlate to gain. Your are simply delusional if you think there's any chance that the stock will rally up high enough to get you any sort of real gain. It is better to wait until word of the bailout anyway.
Click to expand...

Delusional is waiting on news to buy. You are supposed to sell on the news and buy on the fear.
 
Epicurus said:
WaMu is dropping like an anvil. 2.54.
Click to expand...

Yep... ;)

I've rode this roller coaster three times in Real life and came out over around 50%. It's just play money for me too that I have invested in them. Market fear is just so huge right now but WaMu is still swimming. This thing can drop to $1.00 by Friday. You scared yet? lol
 
Watermark said:
I'm going to laugh when you guys lose everything.

BTW I decided not to sell.
Click to expand...

Well you can certainly laugh for at least today. I dropped fast and hard thanks to WaMu.

I shouldn't have gone so deep into something so risky. I think I even have more of it than Dave.
 
Watermark said:
I'm going to laugh when you guys lose everything.

BTW I decided not to sell.
Click to expand...

I'm going to laugh too because I'm being very cocky about it. I'll just keep averaging down, because I still think they are going to pass some form of bailout that will effect WaMu positively.
 
Epicurus said:
Well you can certainly laugh for at least today. I dropped fast and hard thanks to WaMu.

I shouldn't have gone so deep into something so risky. I think I even have more of it than Dave.
Click to expand...
Then your only option is to hold or dump the dog now. Holding is risky, but it can have high rewards.
 
Epicurus said:
Well you can certainly laugh for at least today. I dropped fast and hard thanks to WaMu.

I shouldn't have gone so deep into something so risky. I think I even have more of it than Dave.
Click to expand...

You did until I averaged down to $3.69... my next purchase might bring it down to below your average cost. Unless it takes a leap tommorow, which it has done for me enough for me not to shit my pants. lol
 
You must log in or register to reply here.
Back
Top