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Will The Ralley Continue ?? Will The Ralley Continue ??
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Old 03-19-2009, 06:23 AM   #1
Techie Media
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Will The Ralley Continue ??
Well this past 8 days has been pretty damm good for my little portfolio. I'm into
aig
bac
c
ald
f
ek
ge
dow

All have been quite active in the past 8 days since i got in fairly heavy. What's killing me is wondering if the ralley is for real and is going to continue? or do I take the money and run? Oh well I'm gonna stay in a little bit longer I guess.
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Old 03-19-2009, 08:14 AM   #2
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LOL. The rally is created so the suckers will buy more stocks before they collapse the system. Get ready for the dollar to go bye bye and a new world currency.
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Old 03-19-2009, 08:19 AM   #3
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Your into AIG? Yikes... that stocks a heartbeat away from being delisted with all the drama over there as of late.
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Old 03-19-2009, 08:52 AM   #4
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Originally Posted by Techie Media View Post
Well this past 8 days has been pretty damm good for my little portfolio. I'm into
aig
bac
c
ald
f
ek
ge
dow

All have been quite active in the past 8 days since i got in fairly heavy. What's killing me is wondering if the ralley is for real and is going to continue? or do I take the money and run? Oh well I'm gonna stay in a little bit longer I guess.
The rally will eventually end and it will start again another day or week, that's how the market works. I also have "C" and "AIG", bought at $1.02 and $0.43 respectively. Since I've already tripled my money, what I'm doing is setting a daily stop-loss. I change it about 3 times a day. My current stop-loss for C is $2.99 and for AIG $1.30. If my stop-loss kicks in then I set a new buy point with the profits.

If you have a service that sends alerts or streaming quotes to your phone, use it.
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Old 03-19-2009, 09:20 AM   #5
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LOL. The rally is created so the suckers will buy more stocks before they collapse the system. Get ready for the dollar to go bye bye and a new world currency.
You have no idea, how true this statement is...

Expect the next crash during the month of April.
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Old 03-19-2009, 09:25 AM   #6
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I would take out AIG also..
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Old 03-19-2009, 09:41 AM   #7
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What is a ralley?
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Old 03-19-2009, 09:43 AM   #8
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Guys I got into aig quite HEAVY last month at .62 cents per share. Have you seen where it is at right now?

Also got into BAC VERY HEAVY at $4.18
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Old 03-19-2009, 09:43 AM   #9
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LOL. The rally is created so the suckers will buy more stocks before they collapse the system. Get ready for the dollar to go bye bye and a new world currency.
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Old 03-19-2009, 09:44 AM   #10
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LOL. The rally is created so the suckers will buy more stocks before they collapse the system. Get ready for the dollar to go bye bye and a new world currency.
Exactly... Look at all the trillions of dollars that are being thrown around lately. Look at all the billions of dollars that is coming out of the FED. There is a cap to the monetary wealth of a nation and when that nation starts printing money above that cap (out of thin air), it deflates and destabilizes the existing dollar. Do it like we have and it might be completely destroyed. They keep creating money and at the same time continue in a downward spiral of unmanageable debt.

We can't just print our way out of this mess but it looks like we are going to try. So will the rally continue? I doubt it and I sure don't like thinking what is going to happen in 6 months to a year.

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Old 03-19-2009, 10:14 AM   #11
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Old 03-19-2009, 10:33 AM   #12
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yeah i done well with fre fnm as well. Was in when they were .45s. Also been punching on C. Got in at 1.50 and sold out yesterday at 3.10 then rebought today at 2.60 hehe been good so far
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Old 03-19-2009, 10:39 AM   #13
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yeah i done well with fre fnm as well. Was in when they were .45s. Also been punching on C. Got in at 1.50 and sold out yesterday at 3.10 then rebought today at 2.60 hehe been good so far
That's what i'm talking about bro. I got out a few hrs ago from C at 3.50...LOL was a fantastic run for me.
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Old 03-19-2009, 10:58 AM   #14
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What is a ralley?
He meant rally, which is a period of sustained increase.

BTW, did you ever get the help you needed?
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