Your opinions on the market??

Discussion in 'General Chat' started by bigidea_guy, Aug 3, 2008.

  1. #1
    I focus a lot on the market and I probably invest too much of my money on stocks.

    Currently I think the market is pretty stable and it will go up. This is temporary though, I think oil will never go back to below $100 a barrel, and before february of next year we will see high gas prices again and the market going down. But I think the market will eventually get stable but it may take a few years before we see steady growth again.

    What do you think?
     
    bigidea_guy, Aug 3, 2008 IP
  2. resto

    resto Peon

    Messages:
    173
    Likes Received:
    5
    Best Answers:
    0
    Trophy Points:
    0
    #2
    I don’t know much about the market but I think gas will never go below $100 again we have reached the oil peak probably more like $300 a barrel in a few years.

    I do think the market will eventually go back up but it might be a while I’ve heard a few experts say anywhere from 1-3 years hopefully.
     
    resto, Aug 3, 2008 IP
  3. donlin

    donlin Active Member

    Messages:
    978
    Likes Received:
    5
    Best Answers:
    0
    Trophy Points:
    58
    #3
    I hope it does. I rode the thing down and I'm not about to let go.
     
    donlin, Aug 3, 2008 IP
  4. xmartel

    xmartel Active Member

    Messages:
    1,009
    Likes Received:
    11
    Best Answers:
    0
    Trophy Points:
    78
    #4
    I think the market has pretty much bottomed out, it might still drop a little bit more but not much. Right now is a great time to invest in stocks, over the next 3 years or so while the market rebounds many stocks are going to have a very nice increase.
     
    xmartel, Aug 3, 2008 IP
  5. sudden.emptiness

    sudden.emptiness Banned

    Messages:
    359
    Likes Received:
    2
    Best Answers:
    0
    Trophy Points:
    0
    #5
    many scammers...
    lot of them
    and im really hating it...
     
    sudden.emptiness, Aug 3, 2008 IP
  6. dairyman

    dairyman Notable Member

    Messages:
    7,224
    Likes Received:
    274
    Best Answers:
    0
    Trophy Points:
    205
    #6
    The market may look stable after a lull in the downturn but don't invest all your money at one go. Start the investments in batches, say 10% or 20% and see how the market reacts in the days to come. Then decide your course of action.
     
    dairyman, Aug 3, 2008 IP
  7. Vonman

    Vonman Peon

    Messages:
    560
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    0
    #7
    I mostly invest in safe markets like health care and even gold.
     
    Vonman, Aug 3, 2008 IP
  8. bigidea_guy

    bigidea_guy Banned

    Messages:
    518
    Likes Received:
    10
    Best Answers:
    0
    Trophy Points:
    0
    #8
    Well I think that with these markets nothing is really safe. Healthcare may be a good bet, but I don't look into it much. I got lucky when a friend of mine gave me a tip for a Swedish company called epicept that gave me a fairly good return this past week or so. But the stock was a gamble, it could just as easilly have gone down.

    Gold may seem safe, but what if the markets go up again and the dollar becomes stronger, then gold would basically go down, but I can see that gold would be excellent in the long run.

    There are lots of scams to, especially with penny stocks, maybe you have gotten those faxes or emails to buy some. They will buy lots and hope that other people will buy too making the stock go up and then sell off leaving the ones who didn't sell with a stock that will just keep going down. Thats the type of scams I was thinking of, maybe you had something else in mind, sudden.emptiness?
     
    bigidea_guy, Aug 4, 2008 IP
  9. thekramershow

    thekramershow Banned

    Messages:
    655
    Likes Received:
    11
    Best Answers:
    0
    Trophy Points:
    0
    #9
    I LOVE the grocery store. So much food and the air, oh, its so nice and cool

    Wait.

    You didn't mean that market.
     
    thekramershow, Aug 4, 2008 IP
  10. resto

    resto Peon

    Messages:
    173
    Likes Received:
    5
    Best Answers:
    0
    Trophy Points:
    0
    #10
    I invested in some gold a around 2000, not stocks, but real gold bullion, I bought it at $265. an oz sold it a few years later for $600 an oz.

    I wish I still had it gold is just sky rocketing..

    People who know the market well knew it was going down that why gold is going up so crazy.
     
    resto, Aug 4, 2008 IP
  11. sachin410

    sachin410 Illustrious Member

    Messages:
    6,422
    Likes Received:
    573
    Best Answers:
    0
    Trophy Points:
    410
    #11
    IMO, US markets are headed for a prolonged bear market, which will last for many years.

    For a long time, the US economy has enjoyed the benefits of easy availability of credit. Now its payback time.

    High crude oil prices are only making things worse.

    Japan had seen a similar situation in the 1990's. The bear market that followed Japan's credit bubble lasted for 13 years (1990-2003).

    I don't expect US markets to correct as deeply as the Japanese markets, but I have no doubt that US is in a mess that will take much more than a few months to clean-up.
     
    sachin410, Aug 4, 2008 IP
  12. atulperx

    atulperx Banned

    Messages:
    3,949
    Likes Received:
    196
    Best Answers:
    0
    Trophy Points:
    0
    #12
    I don't have so much knowledge like you people having but right now i am holding nifty put lots in good amount and my broker told me that we can see little deep in this month .
     
    atulperx, Aug 4, 2008 IP
  13. ShaneC

    ShaneC Peon

    Messages:
    387
    Likes Received:
    7
    Best Answers:
    0
    Trophy Points:
    0
    #13
    No matter the market you can still make money, people made millions even during the depression. Short trading is the way to go in this market though. If Obama gets elected president then invest in clean energy, you'll make a fortune. :)
     
    ShaneC, Aug 4, 2008 IP
  14. pagerankpro

    pagerankpro Member

    Messages:
    25
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    36
    #14
    Gold is good, also shares for goldmining companies. Oil companies also can give you a decent profit the next couple of years. And stocks of large grocery chains that operate worldwide (Walmart, Ahold) are a nice addition. People always have to eat, right?
     
    pagerankpro, Aug 4, 2008 IP
  15. tilak83in

    tilak83in Peon

    Messages:
    41
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    0
    #15
    It would be difficult to say what Market will look like in the near future, but surely Fuel is going to play a very important role.

    Check oildrums for the latest update on fuel.....

    United States election will also play a vital role in the world economy....

    For optimistic people this is a right time to buy shares....

    Hope for the best
     
    tilak83in, Aug 4, 2008 IP