Scotty

They were just gold some of them. I couldn't stop laughing at times. I also loved your use of smilies. :D

Hey Scotty, I'd like to thank you for some laughs. I loved reading your posts cause some of the stuff in Italics you had was just great. :D

Hrm, what thread pissed you off?

Damn Scotty, was wondering where you been. You missed all the 'boohoo'.

Looking at 52 week lows, I just don't see how some stocks can go lower without the finance industry going completely bankrupt, which would be impossible unless this whole nation goes bankrupt with it. Nationalization is out of question, of course.

I CANNOT take another one or two years of this recession bullshit. That's why I'm so optimistic with my late 2009 predictions. Call it wishful thinking, but I miss the days where I only had to be depressed about non-financial related matters. :(

I think the Dow hit rock bottom last week. It's uphill from now on.

My personal prediction/opinion is that the business cycle will move towards a recovery by December 2009 and this recession will not get any closer to a trough than it already is.

Stocks are always leading indicators and we're already beginning to see a climb. I was reading a Wallstreet Journal article that confirmed my thoughts. We were in the 6000s up until last week and now we're climbing and climbing into the 7000s again. I'm just really focused on the Dow but I think the other indexes are following the same trends too.

The last two days of this week weren't that great, but I think the level of volatility we're experiencing is necessary. I wouldn't want to see it keep going up without any bumps along the way. That wouldn't be natural.

Nay, I only put in a grand. I WAS up to 2 grand but the stock fell today so I'm only up $700. :o

I need more money... been working my ass off at work and in college.

Scotty, have a happy birthday.

P.S.

You suck. <3 :p

I didn't know about the bans, but if I had gotten into the investment business a few months earlier, I could have made thousands selling short.

Imagine selling short BAC at $30-40 back in 2008, and buying 5 bucks a piece to cover. O_o

BTW, I really don't think BAC will get nationalized. The US was founded on the principles of private enterprise and that will never change under this current regime, regardless of economic circumstances.

Happy birthday. :-)

So far so good. I'm up $250 from a $1000 investment on BAC but I'm not pulling out for a long while. Let's hope it keeps doing well because that's a lot of money for me but my economics professor urged me to invest rather than let it sit in the bank and lose value because of inflation.

Do you day trade? You look like the long-term investor type to me.

I'm thinking of getting a second job just so I'd have more money to invest. Everything is so damn cheap in comparison to the 52 week high... it won't ever be like this again once we're out of this recession. It certainly is the best time to be buying stocks in my opinion.