Anyone Diving in Today??

[Tadpole]

Quote:

Originally Posted by JPatrick Thank you SEC..Happy Hunting!! WASHINGTON (TheStreet) -- The Securities and Exchange Commission has asked Standard & Poor's to disclose who at the ratings agency knew of its decision to downgrade U.S. debt before it was announced last Friday, The Financial Times reported, citing people familiar with the matter. MoreThe SEC's action is part of a preliminary look into potential insider trading, the newspaper said. SEC Probes S&P's U.S. Debt Downgrade: Report - TheStreet

another quote:

Quote:

The agency isn't aware of a leak from an S&P insider, nor was it aware of an aberrational trade, the newspaper said.

So, we are going to ask them? Then all is known!

[OrcasIslandBound]

I dove in and bought $88K worth of 10 individual stocks on 8/9/2011. Up about 6% so far ($5K). I did the same thing in early July 2010 and sold much of it in Feb 2011. Made lots of money, hope to do the same again now.

[REWahoo]

Quote:

Originally Posted by sbwitte I dove in and bought $88K worth of 10 individual stocks on 8/9/2011. Up about 6% so far ($5K). I did the same thing in early July 2010 and sold much of it in Feb 2011. Made lots of money, hope to do the same again now.

Congratulations and I do hope you are equally successful on your recent buy. If not, will you post here and let us know - just like you posted about making 'lots of money' in Feb?

[Surewhitey]

I ended up 2+ % this month by trading a little. Bought and sold CMG, PNRA, NLY and BMY. Bought 500 shr of T @ 28.25 yesterday.

[heirloom]

As far as buying mutual funds in my 401K, I'm staying with bond and stable value until the end of Sept, maybe end of year. CNBC was saying yesterday that September is usuallly a bad month for stocks.

Stocks..same thing. I'll see how European banks are doing at the end of Sept. and how our unemployment in factory job are doing. I'll probably purhase M or SKS in Oct. if they dip because of the holidays.

[freebird5825]

The money ($7.7K) from the tender offer for HK in early August finally showed up in my sweep account.
I did ask Mr B to keep an eye out for a good stock buy. His advice was to let the money sit for a month, then go shopping again. Or buy more BHP when it dipped again.
So I think I'm going to leave that little cash stash alone for now.

[veremchuka]

Quote:

Originally Posted by heirloom CNBC was saying yesterday that September is usuallly a bad month for stocks.

September is the worst month of the year but then there was last year where the markets roared after the announcement of QE II and September was up a lot kicking off a nice rally for several months.

I have been buying on the really big down days over the past month or so. I've made 4 purchases and the 1st was at a brutally high 1305 on the S&P 500. I checked things today as I do at month end and I was surprised to see those purchases have already made a small profit gaining back all the money spent. I figured I was under water for a while based upon the level of the 1st 2 purchases which weren't all that great considering where things went. When the S&P 500 gets back to the 1340 level, even the 1300 level, I'll have made a nice profit.

Market timing, yes, but buying when there is blood in the streets pays off eventually all you need is to be patient. I figure even if it takes a year this will pan out.

[Surewhitey]

I bought 40 shr of CMG at $311... Yesterday

[OrcasIslandBound]

Good move, I see that it is up to $331.28, even in this diving market!

[HFWR]

Buying today? Not yet, but some of my stock allocations, namely VGK and VWO, are approaching 20% out-of-whack. Trigger point is 25%...

[RockyMtn]

Can't resist....buying a few etf's and have a few limit orders in on some things that I think have fallen too far too fast.

[FUEGO]

Just dumped in a bunch this morning, although some purchases were through vanguard so I get whatever price the funds give me at 4 pm today. International small cap, US small cap, and US small cap value were all out of whack so I filled those out to get back to my targets.

[l2ridehd]

Watching close and will probably play Texas Hold-um (all in) at around 3:00 PM today with the 401K. Pulled out last week on the rally so it will be my last in and out available for September as we can only do that twice a month. Have to buy target funds or index funds so will probably go with a 2035 or 2040 target to maximize stock allocation. And then watch for the rally to jump back out before the end of the month.

[GregLee]

I would like to do a little diving, but I invested almost all my cash in August and earlier in September, unfortunately. If the market will just be kind enough to stay down another week, I can put in a little more.

[Animorph]

Dumped my first 20% of spare cash in yesterday and today. Now I have to wait for another 10% down. May not have to wait for long at this rate, but it gives me something to look forward to if I have to watch these buys lose money.

[Gatordoc50]

Sticking to my guns and waiting for S and P 1050.

[veremchuka]

I've been buying on the way down and some of those are not so good purchases today. I'm waiting for 1070 on the S&P 500 then I'll buy again. All these purchases has raised my equity exposure way above what I wanted and now it looks like another TEOTWAWKI with me sitting on way too much in equities. Whether it's 6 months or a year it will come back and I'm not using the money in the mean time so I need to be patient.

[JPatrick]

Not unlike what I stated in the very first post of this thread, I was buying a few shares of DVY today. Perhaps more tomorrow.
The beauty of the FIDO free ride is that you can tiptoe in with 15-20 shares at a crack without commissions killing you. Plus, if your timing is off, you're not singing the blues over a 100 share purchase.

[tmm99]

I was thinking of getting more DVY also, but the price was still higher than when I got them at the last dip, so I am holding on until it drops some more...

[harley]

The S&P is just back down to where I bought a bunch last month, so it's not time to buy more yet. Sure wish I could buy bonds in good conscience. I'm also waiting for S&P 1070 before my next dip buy. I still have a buy order in for AAPL at $350 (in my Roth testosterone account) from last month. I wonder if it will get there this time? Not likely based on today.