View Full Version : Hurricane plays just bull traps?
09-06-2005, 03:40 PM
I am hesitant to invest in some of these companies I know are great and would be good plays after the hurricane, because I worry about getting caught in a bull trap... buying too high and getting stuck when profit takers cash in all at once.... so I keep watching those stocks continue to go up without me! I don't know what's worse, buying a stock and watching it drop or not buying one and watching it go up. What I should do??
09-06-2005, 04:16 PM
Well lets do a technical analysis. If you invest in a company and it goes down, you lose money, dinero, so that is not good. If you watch a stock and it goes up, well you don't gain that money, but then again you don't lose any either. So watching a stock is better, and I've figured this out the hard way. I would suggest something like buying a stock that you know will probably get you money after a hurricane, during a hurricane, that way you buy low and sell high...
09-06-2005, 04:39 PM
" Remember, they're is always a bull market somewhere".
Keep your head, stay calm and focused, shut off the computer and TV if you have to. Let the markets breathe and search for that rthymn.
09-06-2005, 08:24 PM
Thanks, you both gave just the advice I needed to hear. I'll pick a couple that are good, regardless of the storm, and let things breathe for a while. Maybe even do some breathing of my own. :)
09-06-2005, 10:26 PM
Cramer was on a show after MadMoney tonight and said he thought it was odd the way so many stocks went up so much today, not just storm related. I thought so, too. He thinks there'll be some profit taking in Sept, because the market is usually down that time of year, except for specific stocks.
09-06-2005, 11:40 PM
I saw him on that show also and agree with his assessment. September is a slow time for stocks. We'll see if Tuesday's rally holds up.
09-07-2005, 11:34 AM
It's holding up on some of these stocks, but in certain instances, I can see no rational reason why. In fact, some of them should be going down, not up.
09-07-2005, 01:20 PM
I have used Jim as a guidepost for some of my investments and I only buy his picks after doing my own due diligence. He is batting 87% for me and I feel he is inciteful and accurate. His exuberance is only surpassed by his intelligence.
09-07-2005, 01:33 PM
I think I'll be buying when the individual stocks that I'm watching dips in September. MaCafee and Coach are on my watchlist.
09-07-2005, 02:48 PM
I am hoping to see those dips in September everyone talks about, but I'm not sure if they are going to happen, the way the market has been reacting.
I had a list of a few stocks to buy first thing this morning, if the prices were right, and by the time I fixed my stupid computer (which took me two hours) and signed online, they were all up a dollar or two! That must be a sign to go do something else for a while, maybe not, but I'm going to take it as one. :?
09-23-2005, 06:38 PM
I hope that there are more dips because I finally got into the stocks that I've been waiting for.
09-23-2005, 09:27 PM
Almost got myself caught up in a bull trap this week with RIG, but came to my senses that I got in too high and got out in the knick of time. Dive, dive... whew!
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