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Damn the economy

Started by RecycleMichael, January 17, 2008, 02:18:23 PM

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YoungTulsan

quote:
Originally posted by cannon_fodder

Kind of missed the boat.  Asia and Europe are each up 5%, my dumbass was going to look into funds this weekend and now I've lost out.  Still time to buy in, but we missed some quick profits.



I never paid attention to the market in India before all the alarmists started yelling at the start of the week.  Seeing India drop 10% looked bad on the first day.  I've watched it all week though, and I'm convinced that their markets just do crazy up and down movements on a daily basis.  Whacky Indians.
 

si_uk_lon_ok

quote:
Originally posted by cannon_fodder

Kind of missed the boat.  Asia and Europe are each up 5%, my dumbass was going to look into funds this weekend and now I've lost out.  Still time to buy in, but we missed some quick profits.



Did you manage to buy some asia funds before or after they dropped today? Or are you from the spoonbill school of economic theory where that all doesn't really matter as long as you buy.

spoonbill

quote:
Originally posted by si_uk_lon_ok

quote:
Originally posted by cannon_fodder

Kind of missed the boat.  Asia and Europe are each up 5%, my dumbass was going to look into funds this weekend and now I've lost out.  Still time to buy in, but we missed some quick profits.



Did you manage to buy some asia funds before or after they dropped today? Or are you from the spoonbill school of economic theory where that all doesn't really matter as long as you buy.



So my order this morning for 225 shares of AAPL at $131 is a bad idea?

si_uk_lon_ok

quote:
Originally posted by spoonbill

quote:
Originally posted by si_uk_lon_ok

quote:
Originally posted by cannon_fodder

Kind of missed the boat.  Asia and Europe are each up 5%, my dumbass was going to look into funds this weekend and now I've lost out.  Still time to buy in, but we missed some quick profits.



Did you manage to buy some asia funds before or after they dropped today? Or are you from the spoonbill school of economic theory where that all doesn't really matter as long as you buy.



So my order this morning for 225 shares of AAPL at $131 is a bad idea?



I'd say so. I don't think there is anything wrong with apple, but its all in the timing. Good things come to those who wait.

cannon_fodder

quote:
Originally posted by si_uk_lon_ok


Did you manage to buy some asia funds before or after they dropped today? Or are you from the spoonbill school of economic theory where that all doesn't really matter as long as you buy.



I did not buy in yet.  I did not spend the time to do enough research. So while I may have been better off just buying a general Asian fund, I prefer a slightly higher risk fund - but that requires more research.

I'll let you know what I buy into for your amusement.
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I crush grooves.