The Dow??

[drawinout]

Ok guys, let me first say I don't know as much as most of you about politics and the economy of this country. Reading some of your posts, that much is obvious to me. I don't want this to end up like some of the other threads where an argument breaks out. I just had a couple of questions for those that know more than me, which, I'm assuming would be the majority of you. I'm lucky enough that nobody in my immediate or extended family is having to depend on a 401k plan, or any enormous investments in the stock market. Well, not that I'm aware of anyway. I'm not so sure about my rich !@# aunts and uncles, I am mainly referring to my immediate family. Even though the affect on 401k plans and stocks don't personally affect me, I still wouldn't mind your opinions on that as well.

Ok, they've been saying that a year ago today the dow was at an all time high and closed out at 14000. Today it closed somewhere in the neighborhood of 7600. If I heard it right, today alone there was a 7% drop. What kind of impact does this have on the "average" American.

In your opinion, why haven't we seen any immediate results from the 700 billion dollar bail out package? Is it just too early to see results yet?

Also, I heard on the news that back in March 300 billion was approved to, I guess, "bail out" a company back then. Is that part of the 700 billion that everyone has been talking about, or is that something entirely different? Also, what company/organization was it that received the 300,000,000,000?

Last question. Being that a lot of stocks are, obviously, fairly cheap right now to say the least, if you were a first time investor, would you try to buy up some stock in the hopes it would eventually turn around??

I know, it's a lot of questions. I just want to educate myself a bit more, and you guys definitely know more about it than me. Again, I hope this doesn't result in arguments, and I'd rather flea just delete the thread if it does. Appreciate it.

[drawinout]

I know these questions might seem ignorant to some of you guys, but you don't know unless you ask, right? Sorry about the run on sentences and whatnot.

[the rhondel]

Any question is a good question!!!......we may be getting close to "game-over".....have no more $ than the FDIC limits in your bank-$250,000.00........have cash on hand in case of "bank-holidays" ala 1930's......some silver or gold coins(lousey pricing now)..... and have plenty of seed and ammo...if you insist on buying stock...own those companies that would survive even if the markets were to close for a year or two...GE,Exxon,IBM,Sclumberger,Berkshire Hathaway,Dominion Resources......the R

[Dogg Fish]

Think of stock prices this way: they reflect the expected future profitability of the companies. (That's what the intro textbooks say.) The fact that prices have continued to drop after the bailout announcement doesn't reflect the fact that the bailout hasn't kicked in yet, but rather that stock buyers are increasingly doubful that it will bring us back to market stability. Credit markets for companies are "frozen," they keep tellling us. This means that companies are having trouble getting even short term loans (called commercial paper), which always used to be really easy (and at low interest rates). Banks and other financial institutions are scared to lend money now. So what we really have is a "crisis of confidence." To make it even more scary, it really ultimately is consumer spending that drives companies' profitability. Well, everyone is cutting back on their spending, because their credit is getting squeezed, their wealth (in terms of both their house values and their investments) has dropped off considerably, they are fearful of layoffs, their overtime is getting cut back, etc. This is going to get worse before it gets better. But it is really hard to say when stock prices will bottom out, which obviously is the optimal time to buy. Stocks sure are a bargain now relative to where they were just a few months ago, but they easily could go lower. No good news here, but at least maybe this will help you understand things better.

[surfsidesativa]

people are scared silly right now. people are ALL betting the same way right now. The public is ALWAYS wrong. Monday will be a good day to buy.

[Dogg Fish]

If you are going to buy stock, especially in this highly uncertain environment, I advise that you DON'T pick individual stocks. Too risky. Buy a mutual fund that has some diversification in it. These days, mutual funds have all sorts of specializations that you can choose. You could buy one that focuses mostly on energy, or health care, or high tech, for example. Traditionally, a fund that focuses on utilities (electric, gas, water companies) are considered to be among the safest. That means they won't drop by as much as other comapnies, but your upside potential is less too. If you ask a broker, he'll send you a dozen or more brochures detailing the stocks held by a variety of mutual funds you can buy.

[surfsidesativa]

I agree with DF. As silly as it sound I like the FIA products that "mock" the market but protect against market loses. No chances at "rockstar" gains but you aren't exposed to market loses. This is a new age of investing.

[drawinout]

Thanks for the honest advice and answers fellas. I appreciate it.

Rhodel, I'm taking my 56 billion out of the bank right now. I already have a flashlight, plenty of ammo, and some frozen fish. I'm thinking I'll spend 25 billion on seed, 25 billion on automatic assault rifles, and hide the other 6 billion under my mattress!!! lol

Dogg Fish, approximately how long do you think it will be before we do see results of the Fannie Mae/Freddie Mack bail out. Also, what do you think about the 400,000 spent as a "reward" for their employees for previous accomplishments? All I heard is that 400,000 was spent on luxury hotel suites and spa treatments as a "reward" for some employees of a company that were somehow related to the 700,000,000,000 dollar bail out. I understand that these were rewards for accomplishments made before the bail out, but it still seems a bit awkward to me.

Again, surfsidesativa and doggfish, I appreciate your answers to my questions guys. Some of these things I should already know more about, but, if I don't know, I ask. Thanks.

[Mark G]

Got my quarterly report today.

The bad news- took a -17% hit on my portfolio (mostly stocks)


The good news -17% of not much is still -- well not much :D


Your getting good advice drawinout-- the only thing I can add- I don't gamble with money I absolutely can't afford to lose. If you have extra $$ set aside now might indeed be a good time to invest some of it, best bet tho would be not to get too frisky with risks at the moment.

My .02

[drawinout]

I don't gamble with my money either Surf Cat. I was just throwing out a few questions I had, but I don't personally plan on investing right now either. I'm just trying to educate myself a bit more. Thanks for everybody's input so far.

[Rockfish1]

All I heard is that 400,000 was spent on luxury hotel suites and spa treatments as a "reward" for some employees of a company that were somehow related to the 700,000,000,000 dollar bail out. I understand that these were rewards for accomplishments made before the bail out, but it still seems a bit awkward to me.


had the done so damn good they wouldn't have needed bailed out... charge'em and send'em to jail for fraud...

[surfsidesativa]

That could have been the bottom 1/2 hour ago (crosses fingers). Went long on UYG @ 7.57 (300 shares). This is a trading/buying experience we probably (hopefully) never see again.

[surfsidesativa]

Somebody needs to tell GWB to cancel his da#$ talk that's scheduled for 5 minutes from now. Everytime some idiot gets on tv and talks we get another meltdown.

[sand flea]

If you mess around in the market in the hopes of making a quick buck (read less than 5 years), what's happening is wicked bad. If you're a long term investor and have some cash on hand, you're going to make a killing while all the lemmings run off the cliff. If you're just an average person with a 401k you won't be getting into for years, then you shouldn't even be paying attention.

Everybody needs to take a deep breath and remember that the stock market is not the economy. Things are going to be rough, but these apocalyptic fantasies about living off the land are silly. Watching a few episodes of SurvivorMan or knowing how to fish might mean you starve a few weeks after everyone else. :popcorn: We are not headed for the end of civilization.

[surfsidesativa]

Right, go long. If you want to go long though it is a great time.

I'm long Philip Morris(PM) - Day low $33.30 Day high $45

Picking up AA @ under 11 per

You do agree that 8000 was the floor right? All of the people I've spoken to agree with that.

Who knows what's gonna happen but there are some RIDUCKULUSLY low prices out there.

[J_Lannon]

If you mess around in the market in the hopes of making a quick buck (read less than 5 years), what's happening is wicked bad. If you're a long term investor and have some cash on hand, you're going to make a killing while all the lemmings run off the cliff. If you're just an average person with a 401k you won't be getting into for years, then you shouldn't even be paying attention.

Everybody needs to take a deep breath and remember that the stock market is not the economy. Things are going to be rough, but these apocalyptic fantasies about living off the land are silly. Watching a few episodes of SurvivorMan or knowing how to fish might mean you starve a few weeks after everyone else. :popcorn: We are not headed for the end of civilization.

Good point...... But! The "CREDIT" markets are shut down tighter than ever!
And we need the CREDIT market to loosen up before we see the STOCK market breath a little.

The market will always correct itself. It generally gets screwed up by scammers, political interference, and natural catastrophies but it will always correct itself. If it gets too far off plane............you get what we have right now. Big Banks are not lending to Big institutions right now.

[J_Lannon]

I did buy 100 shares of GM today. My first buy in 4 years. They will survive ok. ;)

[steve grossman]

For How Long????

[wolfva]

If you mess around in the market in the hopes of making a quick buck (read less than 5 years), what's happening is wicked bad. If you're a long term investor and have some cash on hand, you're going to make a killing while all the lemmings run off the cliff. If you're just an average person with a 401k you won't be getting into for years, then you shouldn't even be paying attention.

Everybody needs to take a deep breath and remember that the stock market is not the economy. Things are going to be rough, but these apocalyptic fantasies about living off the land are silly. Watching a few episodes of SurvivorMan or knowing how to fish might mean you starve a few weeks after everyone else. :popcorn: We are not headed for the end of civilization.


Ahhh, but if you know the proper way to dress and prepare 'longpork' then you're set!

[the rhondel]

I can't help but notice that everyone posting is trying to buy/catch the bottom......having traded for too many years, I have yet to see a bear mkt bottom with such optimism...maybe this time it really is different?...doubt it!......the R

[surfsidesativa]

Like trying to catch a falling knife. Looks like we may rebound today on the news out of Europe (crosses fingers). I'm probably one of the biggest Bears on here but today I'm an optimist. DRYS, AA and UYG are the ones I'll be watching. Good luck.

[surfsidesativa]

Looks like GWB is going to address the public about the economy again @ 10:55 EST:mad: Tell this guy to stay off the da#$ TV already!!!

[wolfva]

Yipee. He wants another 250billion to buy more banks. What does he think this is, Monopoly?!?

[jcreamer]

I had a lawyer tell me that if I was going to invest money for me to decide what amount I could afford to lose and invest that amount.

[surfsidesativa]

Well, looks like, for now, that world nations pumping (or the news that they will) mega billions/trillions into their banks have caused a credit thaw. The libor fell after all the news from yesterday. This means banks can go back to lending each other at a reasonable rate and they will pass it on to consumers (should).

I am concerned about a few things though.

How can a bunch of broke-A#$ countries pump this much cash into their systems and not expect ramifications down the road. Won't the ensuing "inflation" crisis drawf what we're looking at now?

Should we have just taken the lumps we had coming? How can these guys just print $$ like there's no tomorrow?

It's almost like these idiots just want to put a band-aid on problems and then get the heck out of the way and let some other sap take the blame and the fall.

Flea, Doggfish, Rhondel, etc... Please give your opinions on this.

[Too Busy]

Ok, they've been saying that a year ago today the dow was at an all time high and closed out at 14000. Today it closed somewhere in the neighborhood of 7600. If I heard it right, today alone there was a 7% drop. What kind of impact does this have on the "average" American.

In your opinion, why haven't we seen any immediate results from the 700 billion dollar bail out package? Is it just too early to see results yet?

Also, I heard on the news that back in March 300 billion was approved to, I guess, "bail out" a company back then. Is that part of the 700 billion that everyone has been talking about, or is that something entirely different? Also, what company/organization was it that received the 300,000,000,000?

Last question. Being that a lot of stocks are, obviously, fairly cheap right now to say the least, if you were a first time investor, would you try to buy up some stock in the hopes it would eventually turn around??

I know, it's a lot of questions. I just want to educate myself a bit more, and you guys definitely know more about it than me. Again, I hope this doesn't result in arguments, and I'd rather flea just delete the thread if it does. Appreciate it.

Answers in order

1. I don't know what the "average" American is, but for me, the drop in the Dow and overseas markets has lowered the current value of my 401k by about 17%. My mother in law is retired and has most of her money in "safer" areas like money market accounts, treasury bills, and bonds. She is only "down" about 4%. I mention my 401 k in terms of current valule because I haven't "lost" any money unless I sell right now while the market is down. I plan on having the majoirty of my 401 k in stock for the next 10 years, so I'm riding it out and buying stock on sale right now. There are a TON of stocks that are at their lowest price point in years.

2. Way too early as of lst Friday. The rally yesterday was more a result fo the European banks banding together to prop up their part of the system. Paulson's plan to directly invest $250B into banks gives the bankers and investorsa little more faith in the system. Good or Bad, the entire system is built on faith, not in God, but in the assurance that your money will be there when you want it.
If enough people panic and want their money RIGHT NOW, banks can't cover the withdrawals. If they can't borrow money from other banks and they can't sell off their investments fast enough, they fail.
Last week lots of people got nervous and started cashing out mutual funds. When you cash out a mutual fund, they fund manager is basically selling shares in a bunch of companies. When enough people bail at once, there are all these shares of stock floating looking for buyers. When there are no buyers the price drops like a rock.

3. I don't know about a $300B package from March. The govt did send $29B to Bear Stearns before they collapsed and were bought by JP Morgan- Chase.

In May the "economic stimulus" package sent $168B back to taxpayers. This was an advance on our 2008 returns unless you're one of the lucky ones who got $300 even if you didn't file a tax return.

In Sept the govt took control of Fannie Mae and Freddie Mac, and agreed to inject up to $100B into each.

Also in Sept, the govt nationalized (took control of) AIG and loanded them $85B to keep the insurance company from going belly up. AIG is supposed to break ups, sells parts of itself to raise capital and repay the taxpayers... yeah,,, like I believe that will happen.

There were banks that Uncle Sam didn't help. IndyMac failed in late July/ early August after a run on the bank let them strapped for cash.
First National Bank of Nevada and First Heritage Bank of California collapsed in late July.
In September Silver State bank failed. It was the 11th bank in the US to collapse
And most recently Lehman Brothers filed bankruptcy. This is probably the straw that broke the camel's back on the stock market. They controlled about $600B in assets, once they failed, credit dried up. Bankers and investors lost faith in the system and it's been VERY UGLY.

4. I wouldn't buy an individual stock right now, but it's a GREAT time to invest in a good growth stock mutual fund. I wouldn't even try to forecast the bottom, but if you have more than 10 years to keep money in the market, you'll do okay.
If you look at the stock market OVER TIME, there has NEVER been a single 10 year period when the stock moarket lost money.

My 2 cents worth. Your mileage may vary. yada, yada, yada

[Too Busy]

Well, looks like, for now, that world nations pumping (or the news that they will) mega billions/trillions into their banks have caused a credit thaw. The libor fell after all the news from yesterday. This means banks can go back to lending each other at a reasonable rate and they will pass it on to consumers (should).

I am concerned about a few things though.

How can a bunch of broke-A#$ countries pump this much cash into their systems and not expect ramifications down the road. Won't the ensuing "inflation" crisis drawf what we're looking at now?

Should we have just taken the lumps we had coming? How can these guys just print $$ like there's no tomorrow?

It's almost like these idiots just want to put a band-aid on problems and then get the heck out of the way and let some other sap take the blame and the fall.

Flea, Doggfish, Rhondel, etc... Please give your opinions on this.

The credit that should keep the banking system afloat. There SHOULD BE a general tightening of available credit as a result of this fiasco. Banks, businesses, and responsible people will still be able to get credit. Morons with a pulse and a single pay stub will have a harder time buying a new car and they won't be able to roll additional NEGATIVE EQUITY (who came upwith that term anyway???) into the new loan.

We are at risk for either a serious period of inflation or deflation. http://www.elliottwave.com/deflation/default.aspx#definiton_deflation_inflation_what_causes_it_to_occur

This isn't over. I'm betting on a long (1 1/2-2 year) down cycle with slow growth, high prices, and fairly high unemployment.

[sprtsracer]

The credit that should keep the banking system afloat. There SHOULD BE a general tightening of available credit as a result of this fiasco. Banks, businesses, and responsible people will still be able to get credit. Morons with a pulse and a single pay stub will have a harder time buying a new car and they won't be able to roll additional NEGATIVE EQUITY (who came upwith that term anyway???) into the new loan.
We are at risk for either a serious period of inflation or deflation. http://www.elliottwave.com/deflation/default.aspx#definiton_deflation_inflation_what_causes_it_to_occur

This isn't over. I'm betting on a long (1 1/2-2 year) down cycle with slow growth, high prices, and fairly high unemployment.

Well...as long as ACORN doesn't get involved!

[Dogg Fish]

The Fed can create inflation by pumping too much new money into the system, clearly. But it also can accomplish reducing the credit squeeze and liquidity panic. A tradeoff. It's just a matter of how much, and for how long. We are very fortunate that our current Chairman of the Fed, Bernanke, is a very intelligent scholar who focused much of his academic research on the Great Depression. He is not going to allow this downturn to become really severe on HIS watch. Not that any of this is an exact science. But if he supplies enough liquidity, and ONLY short term, he can accomplish stabilizing the economy without fueling inflation much. My concern is that we get the government OUT of the financial markets and allow markets to work well after stability is achieved. And that includes gutting or terminating Freddie and Fannie, who really are responsible for how this whole mess started, for the most part. (Yeah, we also need to regulate certain things better, too.)

[sprtsracer]

The Fed can create inflation by pumping too much new money into the system, clearly. But it also can accomplish reducing the credit squeeze and liquidity panic. A tradeoff. It's just a matter of how much, and for how long. We are very fortunate that our current Chairman of the Fed, Bernanke, is a very intelligent scholar who focused much of his academic research on the Great Depression. He is not going to allow this downturn to become really severe on HIS watch. Not that any of this is an exact science. But if he supplies enough liquidity, and ONLY short term, he can accomplish stabilizing the economy without fueling inflation much. My concern is that we get the government OUT of the financial markets and allow markets to work well after stability is achieved. And that includes gutting or terminating Freddie and Fannie, who really are responsible for how this whole mess started, for the most part. (Yeah, we also need to regulate certain things better, too.)

Yes we do...starting with Congress!!!:rolleyes:

[the rhondel]

Well,I see all your buys are off at least 10-20%(except pm which is in the middle of its days range at 38....ha,wait till they start taxing them cigs more to help pay for the deficit). And a whole buncha other stox down really really big......anyone have more $$$$ than when this thread started ?....thought so!!!......told ya......the R

[TimKan7719]

I have more money then when this thread started. But thats because I dont invest my money. I save it. Oh and I havent been fishing or hunting sense October 22 So thats helped me save some extra cash too.

[the rhondel]

Ya'll havin fun yet?....like I said,gettin closer to "game over" or it may already be. But the stock prices have yet to reflect it ;too many stocks still in double digits. And they havn't shut down CNBC....buy then!....the R

[LEADDRAFT]

No, when Jim Cramer is Fired from CNBC is the time to BUY!
Seriously, I'm hoping no-one is Looooong.....
Were about to break a MAJOR Support level...
S & P goes below 700, (it will) free fall until???

[shaggy]

K my 2 cents worth, though it aint worth what it used to be.

First excepting retirement accounts, which one should participate in, and if employers match, get what they give ya, if they match up to 4%, then invest 4%.

Now, make sure that you have 3 - 6 months living expenses covered before investing, if ya need it at the wrong time you are screwed.

New to investing, then I would suggest no-load or low-load mutual funds. Might wanna start out with 2, and go maybe 2/3 growth and income type fund and 1/3 in an international fund.

Don't plop it all in at once, buy the minimum needed to open an account, then add monies either monthly (my preference), or at the minimum, quarterly.

Early on it is much to watch one grow, and one stay flat, and eventually you will want to add a value fund to the mix or specific sector fund, like health care, energy oil who knows.

Eventually you want to look at what you have on a yearly basis, if one grows way faster the the others, rebalance, kk layman's terms.....

Say ya have 4 funds 25% each, well once a year check and see if they are still 25% each (or not way ouuta whack, if one now is 50%, take some gains and purchase some of the 3 laggards). If one has outperformed, then consider selling some and transferring into the other three to bring back closer to the equal weighting.

once ya get a feel and comfortable with the ups and downs, then, try individual stocks. Here I would first look for long time companies that have a history of raising their dividends.

Anyhow, maybe makes sense maybe don't, but now is probably the time to at least increase ones company sponsored retirement savings, and maybe also see about tossing some into a Roth account.

[big brother]

back in 1990, the Government seized the Mustang Ranch brothel in Nevada for tax evasion and, as required by law, tried to run it. They failed and it closed. Now we are trusting the economy of our country and our banking system to the same nit-wits who couldn't make money running a whore house and selling whiskey!"
charlie

[jay b]

Now that there is funny...........I don't care who you are :p

[Fishing_Feud]

I did buy 100 shares of GM today. My first buy in 4 years. They will survive ok. ;)

:D You may want to sell those hundred and buy you a gold coin LMAO. You could probaly get a half ounce. I think they may go bankrupt.
http://market-ticker.denninger.net/

Seriously THis has been a wild ride and a good time to make some money as long as you know what your doing. THe dow will go to around 5K. Gold. silver, miners are the place to be over the next year or so along with oil in the next 2 months. Buy DXO around 3/16 and hang on for a good run. Get into a few miners at the same time look at RBY and maybe CGLD.OB both could double up. If you want a steady miner with stabilty go with BVN or Yamana Gold. Silver plays are PAAS or SSRI. Remeber dont buy in til after next week. Next week the bottom will fall out for the market(sub 6000) IMO. IF you got the kahonies buy some SRS and SFK next week and you will have a good chance at making an easy 50% on your money but dont get greedy:D set high stops and exit. Remember alway use tight stops when you place your order and setting high stops also is a good idea.

I would recommend everyone take 25 percent of their net worth and buy gold coins not bars but coins. Also some silver would not be a bad idea junk silver to start junk silver is pre 64 coins and typically go for 10x their face value. If you are going to invest in gold you should be in by March 16 at the latest and we will have a good run into summer time. A cyclical low in gold should occur around this time. 1400 an ounce is very possible with over 2K by this time next year. Silver should break 20 ounce within 5-8 months. Would also be a good idea to stock up on canned goods for at least a 3 month supply more if you have the money. Our monetary system is going down the toilet in the near future as the rest of the world is tired of being the USAs doormat. The politicians do not understand Austrian economics and are practicing Keneyasian economincs which will fail. The more they do the worse it will get. Guns and ammo is not a bad idea at all. I do not forsee a MadMax scenerio but things are going to fall apart. THis is just the beginning.:cool: Look for martial law at some point and time in the future. I would not be surprised to see the govt confiscate our 401Ks and IRAs. you know it would be the patritoc thing to do :rolleyes:. lol. Be prepared for what will come our are way.

I havent been around as I have been extremely busy as of late:D. Do not construe this post as investment advice and dyodd before investing. What I have stated above is sincere and I forsee things as stated. I know some will doubt what I said but just consider this. See how the market does next week and look at the picks I listed as well as the turn date march 16 for gold:D. IF you want any physical gold or silver you really need to get it by then I cant stress that enough. Stay away from the gold ETFs as they are a ponzi scheme. When they come crashing down gold is going to skyrocket.

Good luck to everyone!!

Keep you powder dry.

[TreednNC]

It's chit like this that hurts us. Everybody is scared. If people would turn loose of what they have and buy something instead of conserve conserve conserve, on a large scale, not just a couple here and there, it would get the gears turning again. It doesnt take buying houses and land to keep a country running (altho it helps!).

FINALLY lastnight on the local Fox News station, they had some economist on there preaching about how people watch the DOW too much and spend according to that.

Preach doom and gloom long enough and people will believe it.

Preach good times and good spirits and eventually people will party it up and loosen up.

I do understand that a lot of jobs have been lost to over seas and the such, but (and we're all guilty of buying China and Bangladesh and Korea) buy American where you can, put some money back into the economy and keep it rolling.

[the rhondel]

GM won't survive...dont confuse stock price and the business.When and if they file,it will wipe out the stock/shareholders but the company will survive....Ford might be the better spec,but I think they are history also....btw,Trump has filed on his operation and wiped out shareholders three times.What a freakin game!!!!!How stupid can people get...the R

[shaggy]

It's chit like this that hurts us. Everybody is scared. If people would turn loose of what they have and buy something instead of conserve conserve conserve, on a large scale, not just a couple here and there, it would get the gears turning again. It doesnt take buying houses and land to keep a country running (altho it helps!).

FINALLY lastnight on the local Fox News station, they had some economist on there preaching about how people watch the DOW too much and spend according to that.

Preach doom and gloom long enough and people will believe it.

Preach good times and good spirits and eventually people will party it up and loosen up.

I do understand that a lot of jobs have been lost to over seas and the such, but (and we're all guilty of buying China and Bangladesh and Korea) buy American where you can, put some money back into the economy and keep it rolling.

Well, today I stopped believing in doom and gloom. Snagged me another whopping 100 shares of GE (all I could do comfortably, need to keep some just in case). Iffin Imma lucky, Jack Welch will return and bring this thing back to its place of consistency, and if nothing else, think 2 quarters of good dividend returns, before the cut takes hold, then, well, its about an average dividend yield.

Now, since Im no genius, ask anyone, soon I be flipping a coin, heads buy Pepsi, tails, its Coke.

My trigger finger to buy been itching, and gots a little to risk, so, bored and bought.

[jcreamer]

I would love to go out and bbuy some stock but do not have that money to lose. I work for Northrop and will be getting their stock through payroll deduction. Wife gets Wally World stock the same way.

JC