What stocks are you buying tomorrow as dowjones lost 630+ points today?  Are you planning to still wait?

These are in my watchlist:

MRK - Merck
INTC - Intel
WM - Waste Management
SO - Southern Company
NLY - Annaly Capital
PEB - Pebblebrook Hotel Trust
KO - Coca Cola
BAC - Bank of America Corp.
GE - General Electric
PG - Procter and Gamble

Any thoughts on these?

S is definitely not looking good right now, key area to watch ..3.12s and 3.00, if they don't hold then its going to the crapper , the 50 day moving average line just crossed downwards 200 day moving average line......although there was an article somewhere hinting google's next move would be to buy sprint or something of that sort...(this is just a short term outlook ..of course it all depends on bernanke tomorrow 10.00 am..as well as IRENE, hope yall arent in insurance stocks)

DZZ  kicked my ass today, so much for shorting gold and the fake buffet rally in the morning

like LGFTY...a new one today EVGI, I am not in this one...just waiting for it to bottom more hoping for around , entry 80- 85 cents , stop loss 70 cents

Ultra speculative and ultra risky

watch out for fiscal policies to be announced the week after labor day weekend. My belief is buying time for next rally up is at our door steps. Any dips next week where S&P don't close below 1100 should be used as buying opportunities. PIck the stocks with sound technicals. Techs, Industrials, Retailers, Energy will lead the market.
Good Luck

From my portfolio:

Leaders today: CRM, AAPL, AFL
Laggards today: S, GLD, UMC

We r getting there....looks like couple of days of selling still left...so much of pessimism and shorts out there......market will rise after president's speech. Get ready folks.
GOOD LUCK

I expect market to open green on wednesday.....I will be buyer tomorrow....Its time for bulls again.....
Guys....pick fundamentally and technically sound stocks and ride it until S&P hits 1420. Get out of all yr positions if S&P closed below 1100.
Good LUCK

Market Meltdown.  Again.  Sheeeeeeeeeeet.  

Ok.... take a hold of yourself.... Serendipity Now..... Om Namo Sivaya.... Om Mane Peme Hun..... ok...ok....ok.... maybe it is a buying opportunity..... but is tomorrow going to be worse.... how about next week, next month....

Thank God for Apple.  It has become the best hedge in this market turmoil.  

markets kinda coming off of lows here ...i bought in some at the bottom for a flip...still holding on to NFLX from yesterday...100 points is all I want hehe

spoke too soon ...more bad news abt a government shutdown or sth...I am out for today, made a couple bucks on some smallcaps flipping)  except for NFLX ( something up with facebook surprise..was not microsoft deal but something else and NFLX just got upgraded today by some analyst)



CNBC is hollering about these support levels all morning...1120 and 1100 . It may bounce or might not, depends on how impressive the bounce is " I am just reiterating what CNBC is saying...The bearflag is playing out ...it just amazes me when the news just matches the chartpatterns to play out .....its like the chicken and the egg ...which came first

...the BAC is bounce today at 6s was not that impressive

supports are breaking, LVS broke support at the trendline but held support at the moving average line



My opinion... Do not sell into the selloff...that is maximizing your losses...wait for a relief rally and sell when the markets are green, the whole point being minimizing your losses but after a confirmation that the markets are indeed gonna tank in the long term for sure


just my opinions for whatever its worth...dont bet on it
Goodluck

Love to see the market playing out the obvious bear flag....a sure way to made some good money.....watching charts is indded a big help....ain't that right Tyranny?

Lets see how we close today and how we make weekly close tomorrow.
Gold loosing some lusture and dollar jumping up.......watching the 10 year note yield. It should make lows around here.

Stay tight folks....

Bought some more Alcoa - AA - to add to already existing position.  Charts are not that favorable.  But it is incredibly cheap right now.  PEG at 0.26, c'mon.  This has to pop one of these days, soon I hope.

Was about to add to my existing Goldman Sachs stocks, but got scared.

Thinking about selling Disney, EOG and 3M on the upside if they don't behave (awww behave, grrrrrr - Austin Powers) and using that money to buy NLY and FSC.  By the way, take a look at FSC.  Very interesting BDO stock, pays dividend monthly and yields incredible 13.33%.

Hmmm... I am also looking at tech stocks to buy.  HP ( I know they are in turmoil but I just can't get over the fact that they are the largest IT company in the world, larger than even IBM), Dell, Cisco, Intel, Arm Holdings, Nvidia, Oracle, Broadcom... which ones to choose?

Anyway, had a rough day today.  Almost all stocks in my portfolio are in red, except for a few, like Apple.  I love Apple.  I will continue loving Apple until it hits 500 and then I will have to dump the fruit soon thereafter.

Everything in my Portfolio is red today even the watchlist

It was like watching a movie or something...to see that SPX break 1120 twice , but then it pushed up ...finally , so I am thinking we have support there....but who knows really...its the freaking stock market...

Let me pump NFLX  some more against everyone else's opinion here ....


NFLX closed green on a day like today....and the pump articles are popping up everywhere....Its not going back to where it was but I believe it will have some upside...BULLISH HAMMER candle today...and the buy volume today...It tested 125 bottom twice already...the shorts could not push it down on a day like today....they aint pushing it down if the market rallies( the longer the wick of the candle the better the pop....)

@ NepAM  GS has a similar candle with a longass wick .....might have some upside in coming days

@OBAMA  until and unless some really bad news comes out the bear flag might not play out after all....cuz it kept support and my opinion...people have lowered their stops...cuz when that 1120 hit it should have set off a lot of stops straight down to 1100...but the whole thing played out slow imo

Just my opinions ...dont bet on it

was just going through stockcharts .....some guy had an annotated apple chart....jst added some things to it , jst amazing to see the technicals play out ...

Days like this, 9 out of 10 stocks will be in red. Panic and fear are everywhere. Stocks that u r holding might absolutely be good, but true selling day like today's, drags down everything. That is why we should be attuned with overall market movement. Market choose technicals to show its reactions towards fundamentals. Market can price itself for recession and there are ways to express it technically...and if  it believes for growth...it will express that technically.....that is why learning  technical patterns and developing short-term market outlook is important for individual portfolio. 
 
Technicals will help you to scan stocks and further help you to decide which to buy and which not. Moreover, where and when to add the existing positions and when and where not.
If you wish to handle yr porfolio on yr own..pls..pls .pls... learn these things...putting money for investment and getting scared  with market movements is really bothering....i have been through that....i hate those days
 
nepali_american, get attuned with technicals...start online and read the books later...meantime read this
Reminiscenes of stock operator by Edvin Lefevre
you can get I-phone kindle edition for lunch money...read it....best book ever....it will bring the difference in yr investing style...promise u that....

Tyrrany,
 for my calculation, bear flag played out...flag suport was at 1140 and market did close below it.....i was not expecting market to make new yearly low(as i had said time to time)....as u know, u short it from the failure of making new high or upper trendline...tuesday was that failure day and bear flag gave away its suupot today.... 1120 was my target and I got about 93 points shorting ES.

We have bounced up from the support and i look for buying opprtunity with tight stops....but dont get into stocks untill next week guys....

Good Luck

@OBAMA , I was talking about the big drop after the bearflag ...but i spoke too soon, futures already took out 1120...the last time I checked it was at 1104...its freaking ugly ...I'd rather play pennystocks

So today is relatively calm.  I think the storm has passed.  But what looms in the horizon?  I don't know.  

Frauline Merkel said that if Greece defaults sh!t will hit the fan.  Folks at CNBC were saying that Greece will default, not the matter of IF but WHEN.  And that WHEN could very possibly be within 2011.   So, I guess I will probably do some heavy selling when the market hits the temporary upside and load up on stocks like Apple.  I love you Apple.

By the way, guys, is Melissa Lee of CNBC hot or what?  Beauty and Brains.  And by the by, now that CNN has wooed away Erin Burnett, where have they been hiding her?  Hunka Hunka Hoochie Mama!  Maria Bartoromo used to ooze that curious sexuality - ahhh those batting eyes with huge marcarra-ed eye lashes, but lately she has let herself go a bit, perhaps the age is the culprit.  (Disclaimer: should my significant other, love of my life, happen to read this, I am declaring that my roving eyes rove no more than your eyes rove when Brad Pitt's movie Mr. Smith comes on TV). 

So, today I am considering the following stocks:

AFL - if it hits $31 or so.  Mostly to cover the loss.
S - if it hits $3 or so.  Again mostly to cover the loss.
HON - if it hits $42.  Same story.
AVT - if it hits $25 or so.  Seems like a good tech bet.  
EMC - if it hits $20.50 or so.  Mostly because I like VM Ware and they own VM Ware.
MCP - If it hits $35.50 or so.  Good bargain for this Rare Earth stock, methinks.

I wouldn't sell s in loss, I m hoping for iphone release and it hitting atleast 4

@anon, S tested the 3.00 bottom twice and it held , I guess and has not broken it yet...but m thinking what if only VZ and T gets the new iphone and Sprint does not get it ...that would be a serious sell signal right there...the only hope after that would be a VZ buyout...jst brainstorming here....

while m at it , GLD had a massive fall today,

The situation a week or so before...the market tanks and GLD rallies cuz people are going into the so called "safe haven"

But right now the dollar is appreciating against mainly the Euro, the dollar is getting stronger...because of the  4 billion of the aggressive operation twist , feds trying to twist the curve,
is the Euro that bad off? and is GLD a sell rt now? or is just the fake appreciation of the Dollar by the feds and its gonna burn off soon? 


ideas????

They are blasting about the festival season in india on the media for GLD to go up again. Does that sound like the big guys trying to unload easily and make the retail investors hold the bags?

jst brainstorming here...fell free to post ideas

@ Nepali_American , I like the blonde girl from CNBC or bloomberg...dont even know her name

later guys , enjoy your weekend