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08-08-2011, 08:45 AM
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#1
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Senior Member
Monaco Owners Club
Join Date: May 2003
Location: Head of the Lakes, Minnesota
Posts: 499
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__________________
FMCA# 266040 HRRVC# 84109
2000 32' HR Vacationer w/Banks
'98 Subaru Outback 5 spd toad
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08-08-2011, 09:13 AM
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#2
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Moderator Emeritus
Texas Boomers Club
Join Date: Jul 2000
Location: Cypress, Texas USA
Posts: 6,626
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There are a number of oversold stocks with excellent fundamentals, growing EPS, etc. that represent some nice buying opportunities - they just look better and better the more the market falls.
Rusty
__________________
2011 Dodge Ram 3500 Laramie Cummins 6.7L/6 speed auto/4.10LS crew cab LB dually
2004 Doubletree Mobile Suites 36RE3 5th wheel
Come join us on a TEXAS BOOMERS rally!
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08-08-2011, 09:17 AM
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#3
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Senior Member
Join Date: Mar 2011
Location: Milwaukee
Posts: 1,422
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They don't look that good if you bought them last month. Dumped all mine last week. Buy them back when it starts leveling out. Too risky. Remember when you could et 17.5% on a CD back in the 70's? We're going there again.
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08-08-2011, 09:17 AM
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#4
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Senior Member
National RV Owners Club
Join Date: Jun 2009
Posts: 1,304
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Tine to BUY
Dick
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08-08-2011, 09:18 AM
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#5
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Moderator Emeritus
Texas Boomers Club
Join Date: Jul 2000
Location: Cypress, Texas USA
Posts: 6,626
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I sold a hunk of these stocks in February, one at $59.75. It bounced under $45.00 this morning and the buy orders kicked in - it's up $1.00 since then. We'll see - I may have missed the bottom on that one!
Rusty
__________________
2011 Dodge Ram 3500 Laramie Cummins 6.7L/6 speed auto/4.10LS crew cab LB dually
2004 Doubletree Mobile Suites 36RE3 5th wheel
Come join us on a TEXAS BOOMERS rally!
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08-08-2011, 09:20 AM
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#6
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Senior Member
Join Date: Mar 2011
Location: Milwaukee
Posts: 1,422
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Good luck.
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08-08-2011, 09:22 AM
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#7
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Senior Member
Fleetwood Owners Club
Join Date: Jan 2010
Posts: 219
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I hope CD's get to 17. Im getting really tired of 1/2 to 1.8.
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08-08-2011, 09:28 AM
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#8
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Senior Member
Join Date: Mar 2011
Location: Milwaukee
Posts: 1,422
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German market down almost 5% right now. This market is going to float out all the specs the next few days and then take a fall. Just my opinion.
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08-08-2011, 09:49 AM
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#9
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Moderator Emeritus
Texas Boomers Club
Join Date: Jul 2000
Location: Cypress, Texas USA
Posts: 6,626
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There's an old truism that states that underlying every trade is someone who's convinced a stock is going to drop selling to someone else who's just as convinced that the same stock is going to rise.
Oversimplified in these days of options and more complex investment vehicles, perhaps, but there's still an element of truth there.
Rusty
__________________
2011 Dodge Ram 3500 Laramie Cummins 6.7L/6 speed auto/4.10LS crew cab LB dually
2004 Doubletree Mobile Suites 36RE3 5th wheel
Come join us on a TEXAS BOOMERS rally!
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08-08-2011, 10:20 AM
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#10
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Senior Member
Monaco Owners Club
Join Date: Mar 2000
Location: Woodburn Oregon USA
Posts: 1,372
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Now days the computers control the markets and large amounts of shares will be sold and bought just due to percentage drops and rises. Pity the poor individual who is trying to ride this out.
__________________
Brian, Loretta & Daisy (Golden Retriever)
2008 Holiday Rambler Endeavor 40 PDQ , ISL 400
2008 Ford Explorer toad
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08-08-2011, 11:01 AM
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#11
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Senior Member
Join Date: Mar 2011
Location: Milwaukee
Posts: 1,422
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Get ready for a fall. HE's going to speak shortly. Wonder who's going to get the blame now?
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08-08-2011, 11:05 AM
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#12
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Senior Member
National RV Owners Club Workhorse Chassis Owner
Join Date: Apr 2011
Location: Federal Way, Wa.
Posts: 1,237
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Quote:
Originally Posted by stuhly
I hope CD's get to 17. Im getting really tired of 1/2 to 1.8.
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CD's were 17% so were mortgages and inflation----depends on what time of life you are in I guess.
__________________
I do all my own stunts
03 Dolphin LX 6355, Workhorse W22, 8.1 vortec, 04 CR-V, Blue Ox, Brake Pro----Norm, Barb and
Doc(He's a PhD)
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08-08-2011, 11:46 AM
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#13
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Senior Member
Join Date: Mar 2011
Location: Milwaukee
Posts: 1,422
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Locked in the last Mortgage for 8% in August '74 before it took off. Had two Shell stations. Sold out when gas went to $.49/gal. Profit was about $.11/gal. Made money hand over foot. Retired first time in '76.
HE can't even make a press confer on time.
Dow's down 427 points.
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08-08-2011, 12:18 PM
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#14
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Senior Member
Join Date: Mar 2011
Location: Milwaukee
Posts: 1,422
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I knew HE would straighten this mess out OH WAIT the Dow's down another 75 points
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