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Old 10-24-2008, 12:34 PM   #41
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I did a lot of buying today only not in the stock market . I figure if I'm going to be poor I might as well dress nice .
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Old 10-24-2008, 12:46 PM   #42
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I did a lot of buying today only not in the stock market . I figure if I'm going to be poor I might as well dress nice .
Great idea. I went to the races at Keeneland day before last. The weather was beautiful, the track and horses were beautiful, the Kentucky horse country was beautiful- but most beautiful of all were the lovely fashionably dressed women in their spaghetti strap dresses and heels.

Well dressed women are a public service.

Ha
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Old 10-24-2008, 01:14 PM   #43
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This month, I added to my equity investments on the 3rd, 7th, 10th, 15th and 22nd. I might buy some more tonight, we'll see how the market closes.

I had a few goals in mind in terms of accumulating shares of my favorite mutual funds and lowering my cost basis per share. The market is down so much that I will be reaching those goals much sooner than I expected.

So I went shopping this morning and I dropped $400 at Bed Bath and Beyond and Circuit City. It was dead, only 2-3 people in each store, empty parking lots. Still couldn't get any service at circuit city though.... But at least that's $400 that won't disappear in the market! Plus I am helping the local economy.
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Old 10-24-2008, 01:22 PM   #44
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i have my eyes on UYM and UYG

patiently watching for any signs of a recovery
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Old 10-24-2008, 02:23 PM   #45
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Only buying I am doing is my monthly purchases thru my Vanguard mutual funds, other than that my hands are staying in my pocket.
ditto. i have winter heating costs to think about. gotta keep my budget on track no matter what.
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Old 10-24-2008, 02:36 PM   #46
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I did a lot of buying today only not in the stock market . I figure if I'm going to be poor I might as well dress nice .
I like your strategy!
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Old 10-24-2008, 03:09 PM   #47
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So I went shopping this morning and I dropped $400 at Bed Bath and Beyond and Circuit City. It was dead, only 2-3 people in each store, empty parking lots. Still couldn't get any service at circuit city though.... But at least that's $400 that won't disappear in the market! Plus I am helping the local economy.
Linen N Things is going out of business 30% off
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Old 10-24-2008, 03:17 PM   #48
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Too bad about Linens & Things.

Had to go to Target and the lot was packed with cars, lots of shoppers, all there for no apparent reason -- except that it's Friday, I guess! I was buying some items for my revamped office space, modular cube storage of various kinds by "itso" . Really nice and pretty cheap.
RETRACTION: piece of crap!!! Don't buy the "itso" storage cubes. Badly engineered, screws don't go all the way in. The file drawer is lopsided!

If I bought individual stocks I'd be buying Target. As it is I'll probably get some as I rebalance into my MFs.
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Old 10-24-2008, 03:27 PM   #49
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Linen N Things is going out of business 30% off
Linen and Things went out of business in my town a long time ago... Plus I keep receiving in the mail those 20% off coupons from Bed Bath and Beyond, so they always have a sale as far as I am concerned...
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Old 10-24-2008, 06:03 PM   #50
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What do people think about GE, with a 6.5% yield?

One of the trading experts said on CNBC before the market opened this morning that you might try putting in orders for a $20 stock at $12, $10, $8.

He wasn't talking about GE per se but this was when there was talk about the market going down 1000 points and trading being halted.
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Old 10-25-2008, 07:53 AM   #51
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I sold some GE Jan 20 puts for 2.50 last week. If GE is above 20 in Jan I keep $250 per put and the trade is closed. If GE isnt above 20, then I have to buy it for $20 but when I account for the put premium, Im buying it for $17.50. This seems like an incredible deal to me.
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Old 10-25-2008, 09:00 AM   #52
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What do people think about GE, with a 6.5% yield?

One of the trading experts said on CNBC before the market opened this morning that you might try putting in orders for a $20 stock at $12, $10, $8.

He wasn't talking about GE per se but this was when there was talk about the market going down 1000 points and trading being halted.
the way i see it, GE will probably hit the $15-$16 range before it turns around
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