what do you think of this statement.JPY crosses are doing well, therefore I'm doing well so today is shaping up to be a good day! I, for one, would like to see another 500pt decline.
The stock itself is now around $2. AIG required a government bailout.
The other guy is talking about currency trading and I don't do that.
Thats fine with me(not doing anything til 2009). What is the minimum amount of stocks I can buy? I saw the story about teh bailout last night, and about the government printing more money too, but the channel got changed right as they were talkin about that.Back in the day, the govt had to bailout Chrystler...in a very similar fashion as they are doing AIG today. I think it will be a great investment. ALthough I don't expect it to make much of anything until mid 2009.
Sounds goodMy dad used to make a good bit of money in the stock market by following his "system" he called it.
It went something like this.
He would search for 52-week highs. He didn't have just a ton of money to play with so he only paid attention to stocks under $25. He would spend hours looking at 6 month charts until he found one that met his criteria.. A flat line and then a slowly rising break through. Once he found that chart, he would look at the volume. If the volume began to increase as the line climbed, he would take it further. He would look up all the news and stuff on the stock. If the company had been in the green the past 6 months and was expected to profit more, he would buy the stock..
That simple "system" he had only failed him once. I just wish he woulda had more money in the market to play with. He would make an extra $10,000-$20,000g a year using that. However he has steered away from the market the past few years for some reason.
Pretty much what I was about to say. Shits all messed up.because it's been on a decline. lol
What about leh, since its .12 right now. Ok im going to look into sharebuilder right now. Im serious about it right now, im not just asking to **** around like before.You can buy 1 share. A long time ago you had to buy them 100 at a time. Thankfully, that is no longer the case.
I like sharebuilder because they let anyone trade....but sometimes prices ****. For instance, the option was trading at 1.00 and I got it a 1.14...which didn't work as I wanted it too and you cannot limit trade for some reason...
So, my investment was 1.14 x 100 x 5 = $570, plus $15 in commission.
Flip you are my help and research haha. Ok, well ill still set up the account.LEH is bankrupt...unless someone buys them or something.
Sharebuilder charges $5 for express funding...where you make a trade and the front you the money for a day and take it out of your bank account the next day.
There are no fees...however there is little help or research.
Thats one fat bitch. //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gif
hahaha. Id be hesitant too. Im just going to lose money. But **** it, its only a couple hundred dollars. And maybe ill learn something.I am hesitant to advise options trading to you.
But I control 500 shares for ~$600, where you would only control ~270
So what are you trying to say?I put my money where my mouth is on the AIG bet. Keep in mind, this is just like a lottery ticket or something. I bought it based on what I watched on the news for crying out loud.
//content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gifHopefully it wasn't FoxNews...
Do you work in The Office?my boss says some weird **** sometimes
"never name your kid malcolm, unless you want him to get smacked in the face everyday in the 3rd grade" He says all malcolms look and act dumb. He thinks they are all idiots.