"If people don't occasionally walk away from you shaking their heads, you're doing something wrong." John Gierach
Started by Woolly Bugger, April 11, 2008, 06:33:31 am
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Quote from: Flatlander on April 24, 2008, 11:43:04 amQuote from: phg on April 24, 2008, 10:01:35 amFrankly, I don't have the stomach to be an active trader. Too many imponderables making it too much like gambling. I'm not really risk-adverse, and don't mind taking calculated risks, but pure chance just never appealed to me.It's GE for goodness' sake ...he's not trading penny stocks on the pink sheets Sounds like a good buy to me Woolly. You bought it at its 06 support. If it busts through that then you might pull out and wait for a lower entry point. Long term, I think GE is about as safe as it gets. So diversified internationally. Good luck.
Quote from: phg on April 24, 2008, 10:01:35 amFrankly, I don't have the stomach to be an active trader. Too many imponderables making it too much like gambling. I'm not really risk-adverse, and don't mind taking calculated risks, but pure chance just never appealed to me.
Quote from: phg on April 28, 2008, 15:25:32 pmWoulda, coulda, shoulda.... o-oSince 2003, Apple has been on a tear, but keep in mind that on Dec 28, 2007 it was at $199.83, but dropped to $119.15 by Feb. 26. A highly volatile stock....
Quote from: Woolly Bugger on April 28, 2008, 11:51:21 amyeah, played it "safe" with GE when I shoulda bought AAPL at $140, closed today @ $1725k = 6.1K o-o
Quote from: Silver Creek on May 30, 2008, 06:13:57 amGE has been underwater (below 32.50) for a while. http://finance.yahoo.com/echarts?s=GE#chart1:symbol=ge;range=3m;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Quote from: phg on June 02, 2008, 14:16:01 pm...and GE sets a new 52 week low.... ::)I'm thinking that they will trade in this range until they report their next quarter. If they beat expectations, then we may see some movement. In the meantime, that dividend looks real attractive.