Did anyone buy this week?

[haha]

I threw in everything I could get my hands on without raiding my emrgency fund, I-bonds, and a few CDs I hold. It looked not too shrewd, but a lot of the damage was repaired today. So far.

ha

 

[Moemg]

I used some of my fun money to buy AIG . No sure if it was a smart move or a stupid one but I will probably only hold it until it makes more fun money .

 

[virginia]

I bought some GE today at (hopefully) under $20/share. What a deal

 

[nphx]

ditto on the ge buy

 

[BUM]

I guess todays the day. Been waiting for this for 3 years...now that its here
I'll (at least) DCA into my VG total stock mkt. fund and Primecap

 

[Razor]

Foriegn markets took another big drop last night. We might just set some new records today and tomorrow. Bargains? We still have the all important Christmas season to get through. How's that looking?

 

[al_bundy]

Foriegn markets took another big drop last night. We might just set some new records today and tomorrow. Bargains? We still have the all important Christmas season to get through. How's that looking?

last i heard 2.2% growth, but it's ben discounted already

some of the earnings aren't that bad and wall street will probably start buying based on 2010 estimates soon

i made up a quick bear market rally list last night, going to do a quick scrub looking at the charts and will start putting limit orders in today at prices just below friday's low

 

[calmloki]

In a brilliant and courageous investment move i bought a massive $5k worth of VTSMX on friday. Which was executed on Monday at the height of the market. Undeterred, bought another 5, which was executed Tuesday, in plenty of time to watch the market flop on Wednesday... Really need to start buying ETFs instead!

 

[FIREd]

I sold my last chunk of BEARX yesterday, reinvested parts of the proceeds in VEIPX, VTSMX and VGSIX (REITS have been beaten up real good lately, I figure I'll be getting a 6+% yield on those VGSIX shares). I also invested more cash in VWELX and VWINX (at yesterday's prices I am figuring that I will be getting yields of 4+% and 5+% on Wellington and Wellesley respectively). I still have 15% of my portfolio in cash, plenty of new inflows every week, and about 25% of my portfolio in bonds right now for rebalancing. But I am taking it easy, putting just a few thousand dollars to work at a time, because I think the market downturn is going to last a few more months at least.

 

[NW-Bound]

I bought some defensive stocks the last two days, i.e. consumer staples and utility stocks, just to lose a bit of money right away. So I stopped to put my ear to the ground for a while, to see if I could detect the rumbling that might be the approach of that big T-Rex.

And by the way, my cash portion in absolute dollars went up despite the buying; my stop loss orders on energy stocks tripped like crazy. Needless to say, that cash portion is even higher, in percentage. Two months ago, I purposedly sold enough to sit dumb and happy at 50%. It is 69% as I am writing this. What a ride down!

PS. I also follow international stocks (developed nations, not some little backwards countries). Some of them drop as bad, or worse. However, precious metals have not gained any ground either. I take that as a good sign.

 

[Urchina]

Yup. Bought VEU (Vanguard FTSE All-world ex-us ETF) at the highest price on Tuesday (doh!) and bought some VTSMX today.

All we've got is couch cushion change at this point, but we'll DCA more in with the next paycheck.

 

[al_bundy]

bought some ultra ETF's, AAPL and will probably get a piece of NM with the last of my margin cash

 

[CuppaJoe]

I bought some defensive stocks the last two days... just to lose a bit of money right away.

Made me laugh! I put the last 1/3 of a lump sum in the S&P index today. Hoping it's of some value in 15 years. Starting in November, I'm planning to move some bond yield into stocks while I'm living on CDs.

 

[wcv56]

Bought 5K shares of GED a few weeks ago about break even now.
Bought 4K shares of UTF at mid $7 range and got out upper $11 range for
nice 50% gain in a few days. Watching a few CEF's with 20+ discount and
dividends in the 20+% range. Believe next move will be to lighten up on GED
a little ( that is a maybe) or sale IGNAX which has been held several years
and get UTF again watching IGD, BTF and a few others.
Rmember alot of CEF's dividends are return of capital which is not a bad thing
in these markets.
Bought into an oil/gas partnership in May, well completed and hit some nice gas
zones. Estimates look good for a conservative 5.5 BCF a bit of condensate should
return intial capital and +150% in next five years we hope according to guru's.
Hedge funds doing ok considering everything in the present markets.
One down 3.9% thru Sept another one was down 5% thru Aug then crapped
10% in Sept but both are over 60% cash now. Plenty of what I consider safe
income and cash on hand still. Worst thing recently is too many asking for cash
hand-outs due to hard times. Seems a week does not go by without someone
needing a few grand, a few hundred seems like a thing of the past. Not sure what
alot of these people done in the past but money management wasn't one of them.
American dream seems to be something that is borrowed now days, no wonder
liar loans and sub slime is so common for many now days.

 

[al_bundy]

i'm a little bearish this week and think there is a real risk of going down below the lows and most likely one more close under 900 for the SP500

 

[Dawg52]

i'm a little bearish this week and think there is a real risk of going down below the lows and most likely one more close under 900 for the SP500

Gut feeling?

 

[W2R]

i'm a little bearish this week and think there is a real risk of going down below the lows and most likely one more close under 900 for the SP500

I hope you are right, for today, anyway. I want to fully rebalance before the market climbs. Yet, futures are up this morning.

Oh well. I might just do it anyway. I was never much good at market timing.

 

[REWahoo]

W2R, even if the market goes up substantially today I [-]fervently hope[/-] believe you'll look back on your purchases in a couple of years and regard them as a real bargain.

 

[W2R]

That's true! I think I'll go do it. (gulp!)

I will just be buying VTSMX (Total Stock Market Index) and VFWIX (FTSE All-World Ex-US Index), using cash from my money market fund. So, it's not like I would have to sell a dropping bond fund or anything.

Edited to add: OK, I DID it. I am now back to my 45:55 (equities:fixed) AA.

REW, I realized when posting in response to your post, that I would have done it anyway. I would have done it even if the market went up like last Monday, so there was no sense in waiting a few hours.

By the way, when the Dow goes up 2,000 points today, I expect some thanks from everyone here!

 

[REWahoo]

By the way, when the Dow goes up 2,000 points today, I expect some thanks from everyone here!

I'll get back to you later today...

 

[dex]

In a bear market - the trend it usually up at the start of the week and down at the end - opposite for a bull.

I'm waiting until the end of the week - I've divided up my remaining $ into thirds to put into the market.

 

[Zathras]

By the way, when the Dow goes up 2,000 points today, I expect some thanks from everyone here!

I would like more time to rebalance so no thanks yet from me

 

[al_bundy]

the market seems to be going up and down almost exactly in sync with the price of oil

 

[FIREd]

I think we will see a few more big drops before we can start partying. I have a bit more rebalancing to do. Right now I am 58% equities, I need to go back to 65%.

 

[al_bundy]

if you look at the stocks going up today it's pretty much everything commodity related up 10% or so. some stocks are up something like 50% in the last week