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iamnik77 (90.63)

October 2008



Dow 9500+ on Nov 3rd and 4th Because of Obama

October 30, 2008 – Comments (1)

So now Obama has a small cushion in the polls. But let's all see the world through the eyes of Obama. He's thinking that this is too good to be true and that if the Dow stays close to 9000 or below 9000 until the polls close he is a near lock to win because people are so sour on the economy and are blaming it on the current administration.  [more]



10,000 Maniacs

October 16, 2008 – Comments (3)

So I just took a Fool poll asking whether I am staying in this market or not. I side with the 39% of Fools who are trying to get all of the cash they can to buy up these rare bargains. Of all the varying responses to the poll I can sympathize with most of them. But I get a sinking feeling in my stomach about the 4% of Fools who are pulling everything out of the stock market and going 100% cash. Whether this sinking feeling is for them or for myself I am not sure.  [more]



To Buy or Not to Buy

October 09, 2008 – Comments (6) | RELATED TICKERS: GME , KO , TPR

So about three years ago my dad gave me $10,000.00 of his own money to invest for him. Fast forward to today with all of these news bites about the financial destruction of the world and my dad decides now is the time to check in on his investment. He was expecting a 30% loss but was pleasantly surprised by a 20% gain. I give a lot of the credit to the Motley Fool because, in addition to various books I have read about investing, the Fool has made me a much more intelligent investor after reading what must be hundreds of Fool articles.  [more]

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