Thread: Bought some GE
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Old 10-23-2008, 12:35 AM
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wait until xmas and the end of the year when they are giving away electronics and cars. now is the time to buy anything you've had your eye on and can afford whether it be stocks, electronics, cars, real estate etc........

unfortunately we are a society driven by "mirages". nothing is ever as it seems. was yahoo's stock really worth like 300.00 a share when it was at its peak? it had no inherent value.....just like the stock market itself and the housing market. it's amazing, a company can earn a huge profit for a quarter, but have someone report it was less than expected and the stock has a huge sell off. we are really the ones responsible (and the media drives it) for all the **** that goes wrong. we're the ones that went out and bought houses in places like bakersfield, stockton etc....for 400K when they were worth 100K the year before...we're the ones that run scared and tank the stock market.......fear and greed drive our society and until they don't (which is never) you will have huge ups and downs in every single market. i held off on buying a house 2 years ago because i did my homework and pretty much saw this coming....i'll be in the market by the summer of next year for sure.

i think there are a ton of stocks that are actually performing well but are undervalued because they were dumped in panics. it still amazes me that you can have company A that reports a 100M profit but it's 10% less than their "estimate" and all of a sudden people dump it like it's the plauge. those are the ones i would look after.
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Last edited by FlyersFan; 10-23-2008 at 12:39 AM..
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