Mulvey sticking with his AUY and FWLT plays are keeping him right at the top
TY WEBB is holding cash now…waiting on market direction are we?
calm like a bomb with 177% of his portfolio in financials and trying to steal some bucks by catching the falling REED knife?!?!
Capt Fritz is still gonna live or die by his WB play
Capt Ed is dying by his FRPT position (still wanna let me back into the game???)
Bonzo72 - well, I have beat my dead horse enough already…
I thought this was a good read from this past Wednesday…
Commentary – There is much discussion right now as to whether the U.S. economy is in a recession or not. Our stand continues to be that the actual numbers do not support this conclusion yet and that the Federal Reserve actions may very well keep us out of a recession. In looking at some historical information about recessions, I found some very interesting facts that I would like to share.
Historically from the 1850’s, a typical recession lasts about 17-18 months. A typical period of economic growth lasts just over 3 years. The interesting thing about the data is that recessions are becoming shorter and coming less often. Since 1980, there have only been 4 recessions, which is very impressive. In addition, the depth of each recession has been getting smaller. All of this points to the idea that the measures that the Federal Reserve has taken over the last 30 years or so have been effective in managing the economic growth/decline cycles.
The biggest weapon that the Federal Reserve has is the Federal Funds rate (often referred to as the prime rate). The Federal Funds rate is the interest rate at which private depository institutions (basically banks) lend money to each other. The Fed Changes this rate to regulate the supply of money in the economy. When the economy appears to be moving into a recessionary mode, the Fed lowers this rate, thus making more money available. This usually trickles down as lower interest rates for both business
Warren Buffet said that by any reasonable defintion we are in recession.
I can remember the same sort of language a few years back when the NASDAQ took a plunge. People came up with all kind of theories as why it was going to be a short-lived drop.
At that time the Nasdaq dropped in early March, had a nice little bounce in April, everyone rushes back in thinking the worst is over, and bam!, falls again. As we know, it has yet to recover.
I am in what I consider to be good positions for the long haul, but I remember the housing market of the mid 70’s and early 80’s. The housing market took years, not weeks to straighten itself out.
Mulvey sticking with his AUY and FWLT plays are keeping him right at the top
TY WEBB is holding cash now…waiting on market direction are we?
calm like a bomb with 177% of his portfolio in financials and trying to steal some bucks by catching the falling REED knife?!?!
Capt Fritz is still gonna live or die by his WB play
Capt Ed is dying by his FRPT position (still wanna let me back into the game???)
Bonzo72 - well, I have beat my dead horse enough already…
I thought this was a good read from this past Wednesday…
Commentary – There is much discussion right now as to whether the U.S. economy is in a recession or not. Our stand continues to be that the actual numbers do not support this conclusion yet and that the Federal Reserve actions may very well keep us out of a recession. In looking at some historical information about recessions, I found some very interesting facts that I would like to share.
Historically from the 1850’s, a typical recession lasts about 17-18 months. A typical period of economic growth lasts just over 3 years. The interesting thing about the data is that recessions are becoming shorter and coming less often. Since 1980, there have only been 4 recessions, which is very impressive. In addition, the depth of each recession has been getting smaller. All of this points to the idea that the measures that the Federal Reserve has taken over the last 30 years or so have been effective in managing the economic growth/decline cycles.
The biggest weapon that the Federal Reserve has is the Federal Funds rate (often referred to as the prime rate). The Federal Funds rate is the interest rate at which private depository institutions (basically banks) lend money to each other. The Fed Changes this rate to regulate the supply of money in the economy. When the economy appears to
Also…if it is does execute my purchase and my stock goes down…do I have to settle up with the house at the end of trading or is that just when you are dealing with futures?
check out my totals Greg1. I went all in (including margins) and lost…bigtime on BSC. that’s how I have negative VSE dollars. this was an unrealized loss until I sold my position. now I cannot do anything. I checked on your positions and yes, you are using margins (although not all of it), but these gains or losses won’t be realized until you exercise the position.
…looking back I am not sure if I answered your question…you didn’t have to open a margin account, I set it up so everybody’s accounts were marginable. if the game allows you to enter the order then yes, it can execute it for you.
well I wasn’t sure what would happen so I tried to sell just one share of stock. for some reason it sold them ALL and yes, effectively ended my game! it was a long shot and I think I was as surprised as people in the real world were when the $2 stock price offer was announced. looks like Capt Ed is spearheading the effort to get me back into the game with a little cash to make it worth my while. I am still on the fence here so we’ll see.
well I wasn’t sure what would happen so I tried to sell just one share of stock. for some reason it sold them ALL and yes, effectively ended my game! it was a long shot and I think I was as surprised as people in the real world were when the $2 stock price offer was announced. looks like Capt Ed is spearheading the effort to get me back into the game with a little cash to make it worth my while. I am still on the fence here so we’ll see.
FRPT was negitive $250,000 now its plus 57,000 [:0] still need $940,000 to be even though
</font id=“quote”></blockquote id=“quote”>
just curious Capt Ed, are you gonna hang on to what you have with FRPT?
PALMETTO C ~ 16’ Sea Fox
For now yes, FRPT goes up and down often, not down like this though. Hopefully they will go up a dollar or two then I will sell most of it. If I sold them now yes I would have 60,000.00 ± but I’m not sure if I would still have the 1,000,000.00 to margin with, most likely it would be 60,000.00. $120,000.00 worth of buying power isn’t enough to compete with accounts that are 1,000,000.00 plus. I still want to win this game…
