| Now that stocks are coming back up, did anyone buy while it was low |
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Holland
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Now that stocks are coming back up, did anyone buy while it was low
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Dragon
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Up now, be prepared for tomorrow and the rest of the quarter. Stocks shot up because of the infusion of money from the European Central Bank and tMorgan Stanley being taken over. Tomorrow might also be an uptick, yet l would doubt it. The financial credit markets are still frozen. This spellls trouble until the credit problem is loosened. By the way there was not much volumn today.
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Cat
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yes been buying for months and l got 300 worth today
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Blake
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l was buying to cover last week. l am all in cash right now, this is a very sick market and the mood swings will rip people is accounts in two.
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Coach
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l only own one stock. It has not gone down far enough yet for me to buy more. The rest of the time l sell CALL options or buy PUT options when the market is going down. When it is going up l buy CALL options and sell PUT options.
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Kim
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As u can see from the question l answered last week, l bought stocks steadily throughout the recent decline. So l at least have the virtue of consistency. No doubt l have a sizable profit already on the purchases l made on Thursday & Friday, but l am probably still down on the money l put into stocks earlier last week. It is gratifying to get such a large profit after only a day or two, but realistically u have to look at the total picture. Declines of over 40% r not made back in a day. It will take a strong & consistent rally to get back to even.
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