Buy when there is OWS in the streets

[moneymaker]

Does this qualify as blood? If you look @ BAC I think buy is the word. My personal prediction is 2 more moves up before the big dip. Anybody else have predictions on if the market is going to tank any time soon(before the end of the year). I personally love this OWS movement because it gives people the ability to express themselves and gives me opportunity to buy stock cheap.

[Coronita]

I think there are a lot better “buys” than BAC right now. Bac has been range bound between 6-7 for the past few months…Absolutely no action there.

I’m taking my change on Valero (VLO) today @$22.62 …They dumped close to 10% yesterday, and I’m only looking for a 5-6% gain. Drill baby, drill…

[desmond]

Not that great a prediction on either BAC and VLO.

[Coronita]

[quote=desmond]Not that great a prediction on either BAC and VLO.[/quote]

BAC is at $5.. VLO is $20… Bookmark this thread, and let’s talk again come Jan.

BAC ain’t going to move, and VLO will be back $23ish.

[patb]

Bac could go to zero

[desmond]

Flu,
You could just admit you bought to early? I am now watching VLO and if it keeps dropping it seems it would be a good buy.

[Coronita]

[quote=desmond]Flu,
You could just admit you bought to early? I am now watching VLO and if it keeps dropping it seems it would be a good buy.[/quote]

Not really. Maybe. Hard to tell… Because I don’t buy/sell just one or two times… I buy in chunks, with each leg down , buy more and when it goes up a bit, I sell a bit early, because I can’t time the absolute low or absolute high and I’m just happy if I can get a $1-2 gain each trade up or down.
So, bought another 1000 shares just now at $19.91. I don’t know exactly how much I’ll make or lose until I exit this stock when it breaks out of it’s trading range of yo-yoing up and down. I wouldn’t put a heavy long term buy or short on shit like this because it bounces up and down all the time. Great for bed, not so great for long term holds.

And the other thing is I don’t need to be right all the time, just most of the time 🙂

http://piggington.com/investing_in_rim

Oh, what a difference 6 months makes…

and BP is just starting to make me money.. That I admit I was early…

[Coronita]

[quote=patb]Bac could go to zero[/quote]

too big to fail… More like a 4:1 reverse split like Shitybank.

[Coronita]

[quote=desmond]Flu,
You could just admit you bought to early? I am now watching VLO and if it keeps dropping it seems it would be a good buy.[/quote]

Bump

Desmond,

VLO is 23 today. Hopefully you got in when it was around 20 month.
That’s 15% in 1 month. I was a little early so my average is about 21.00 with lows in20.05 and highs in the mid 22.7
They already reported earnings so looks like bad news was already factored in.

[moneymaker]

I made my 10% on BAC and got out. Now I’m looking into exploring options. I think any large market cap stock that is “too big to fail” that is underpriced is almost always a good investment.Looking forward to BAC earnings report in the morning just for curiosity sake.

[desmond]

In at a little over 20, the last couple of days of runnup I was wondering what you knew?

[Author]

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