Its money-making time!!!!!

**OwlMBA** · 10-30-2008, 02:49 AM

Hey y'all! Nevermind the fact that your 401k has lost 40% of its value in the past 30 days! Now is the time to be buying. All of this irrational behavior has presented (those who still have some cash around) with some great buying opportunities!

Post your top picks here! I will give you mine:

NCC - National City
CC - Circuit City
SIRI - Sirius
MSFT - Microsoft
C - Citi
CSCO - Cisco
AIG - AIG
EMC - EMC

**Ranger Rick** · 10-30-2008, 11:14 AM

Circuit city, AIG? You need to get out and read the news.

On edit you need to "research" all of them.

Oh wait ... this is sarcasm isn't it?

**OwlMBA** · 10-30-2008, 02:48 PM

Originally Posted by Ranger Rick

Circuit city, AIG? You need to get out and read the news.

On edit you need to "research" all of them.

Oh wait ... this is sarcasm isn't it?

No, its not. If you are an active (and smart) trader, you can make a killing on these. They fluctuate 20+ points in a few days. I have been buying and selling them repeatedly.

not long-term investments

**Goldwater** · 10-30-2008, 03:17 PM

Originally Posted by OwlMBA

No, its not. If you are an active (and smart) trader, you can make a killing on these. They fluctuate 20+ points in a few days. I have been buying and selling them repeatedly.

not long-term investments

Yeah thats the key here, don't look to make money long term.

Make money on the bounces. Still risky business though.

**OwlMBA** · 10-30-2008, 05:28 PM

Originally Posted by Goldwater

Yeah thats the key here, don't look to make money long term.

Make money on the bounces. Still risky business though.

Oh, its very risky! This is why people who actually have some money right now they can afford to risk can make a lot of money. You know, the whole "rich get richer" statement is very true right now.

What we have is a vast majority of our population in financial crisis. No money to pay bills, let alone invest in risky investments. So the minority that has some disposable income right now can stand to make a killing.

**Constitutionally Speaking** · 10-30-2008, 07:12 PM

Originally Posted by Goldwater

Yeah thats the key here, don't look to make money long term.

Make money on the bounces. Still risky business though.

A volatile market is an absolute HUGE opportunity as long as you know what you are doing. Day traders LOOK for volatile stocks. Short term is the rule.

**jawilljr** · 10-30-2008, 07:26 PM

Originally Posted by OwlMBA

No, its not. If you are an active (and smart) trader, you can make a killing on these. They fluctuate 20+ points in a few days. I have been buying and selling them repeatedly.

not long-term investments

Circuit fluctuates by 20+ points in a few days... the abovechart says NOT!!! BTW CC is about to be delisted because the stock has been below $1 a share for more than 30 days....

Jerry

**SarasotaRepub** · 10-30-2008, 07:51 PM

Exactly where did Beebs end up in the last CU Investment thingy???

:D

**OwlMBA** · 10-30-2008, 10:17 PM

Originally Posted by jawilljr

Circuit fluctuates by 20+ points in a few days... the abovechart says NOT!!! BTW CC is about to be delisted because the stock has been below $1 a share for more than 30 days....

Jerry

Actually, it does.

I bought it at .18 and sold it at .32 just a few days later. Bought it back at .20 and sold again at .28

Do the math.