Employment is down and so is early stock trading ` 200+ points….

[nostradamus]

Hi coop,

I agree. I’ve been saving money wanting to buy a house, and am glad to see housing prices coming down but sad to see that our dollar is coming down as well thanks to these fed rate cuts. I’m extremely concerned over how all this will turn out.

I’ve used scottrade for 7 years, they’re basic and charge $7 per trade. This comes with online access and their trades have been immediate for me (no delay when I click buy/sell). They don’t give you the guidance of a live broker, but I don’t use them anyway (in fact I often go against them).

Scottrade does provide basic quotes and analysis. Their phone operators are friendly and access to my funds is easy (I’ve deposited and withdrawn many times). Once they tried to “call” my short-sold stocks, which they have a right to do, but I whined and they backed off.

You’ll need a margin account to trade short so let them know when you open the account.

[nostradamus]

Hi coop,

I agree. I’ve been saving money wanting to buy a house, and am glad to see housing prices coming down but sad to see that our dollar is coming down as well thanks to these fed rate cuts. I’m extremely concerned over how all this will turn out.

I’ve used scottrade for 7 years, they’re basic and charge $7 per trade. This comes with online access and their trades have been immediate for me (no delay when I click buy/sell). They don’t give you the guidance of a live broker, but I don’t use them anyway (in fact I often go against them).

Scottrade does provide basic quotes and analysis. Their phone operators are friendly and access to my funds is easy (I’ve deposited and withdrawn many times). Once they tried to “call” my short-sold stocks, which they have a right to do, but I whined and they backed off.

You’ll need a margin account to trade short so let them know when you open the account.

[Coronita]

Well, you did pretty good, but look at the drop today!

Stocks Plunge Nearly 375 on Recession Fears

14,100 to 13,500 in 5 days. What will the bulls say to that?

 

No pain, no gain. I smell opportunities. Fortunately a good portion of the drop was not in tech, but industrial crap. We'll see how next week rolls out.

Funny all the bears come out on a down day. Me, I'm a bull that talks everyday. Where's stockstradr? I'm sure he's going to post today….Where've you been the past few weeks. 

[Coronita]

Well, you did pretty good, but look at the drop today!

Stocks Plunge Nearly 375 on Recession Fears

14,100 to 13,500 in 5 days. What will the bulls say to that?

 

No pain, no gain. I smell opportunities. Fortunately a good portion of the drop was not in tech, but industrial crap. We'll see how next week rolls out.

Funny all the bears come out on a down day. Me, I'm a bull that talks everyday. Where's stockstradr? I'm sure he's going to post today….Where've you been the past few weeks. 

[pertinazzio]

FLU wrote : 14,100 to 13,500 in 5 days. What will the bulls say to that?

Wherever and whenever this sell off stops, I suspect that when down the road we look at the episode on a graph for the whole year it will look just like another bump in the road – just like the ones we had in May 2006, Feb 2007 and July 2007.

Beatus ille qui procul negotiis … paterna rura bobus exercet suis, solutus omni fenore….. Horace

[pertinazzio]

FLU wrote : 14,100 to 13,500 in 5 days. What will the bulls say to that?

Wherever and whenever this sell off stops, I suspect that when down the road we look at the episode on a graph for the whole year it will look just like another bump in the road – just like the ones we had in May 2006, Feb 2007 and July 2007.

Beatus ille qui procul negotiis … paterna rura bobus exercet suis, solutus omni fenore….. Horace

[Author]

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