Yahoo! Inc. (YHOO) Message Board

Easy to say in hindsight. But I agree with what you are saying. If you wait this market out here and see if there's a big drop between now and October you will probably make easy money on the long side from there since we know it will probably get pumped up again and again until the spigot is turned off. The thing about being an active individual trader as is that one is naive enough to believe he is somehow going to repeatedly outsmart all the traders against you at say Goldman who are all working together to make the firm money. Now times that by the thousand other Ibanks and hedge funds out there trading against you. Literally tens of thousands of people controlling trillions manipulating the market. It's lunacy really if you take a step back. Anyway, good luck.

I've been trading on and off for around 18 years. All I can say is trading and market timing is for idiots. You can realize it now or in 10 years but Jack Bogle is right and is one of the few honest people left of all the talking heads on financial TV. I wouldn't buy anything right now but the smart move is to buy SPY when the market is in panic mode and just hold on from there. Build a company and invest in what you can control.

Yeah, this time it's different. Heard that many times in various industries and always the same result.

^^^This^^^ It really is that easy to kill people in this country and create absolute #$%$ all mayhem these days. Really.

Haha. True.

You still watch CNBC? Ha

Seems like correction is underway. No reason to rush in here with earnings and then May seasonal selloff most likely.

It looks like all the ag stocks dropped at noon. Aargh.

Good call. Negative effect.

This thing is trading with the Euro. It seems to be trying to form a bottom here. Looks like I will be holding for a while. When it runs higher it will run hard.

Yeah that is how Wall Street works actually. Most funds are mandated to invest money immediately. At least that is how pension funds work. People might wish the market to crash but unfortunately it's pretty much impossible over the long term. People are trained to give their money to others to invest. Those people are brainwashed to invest it not to mention motivated to do so to collect their fees and commissions.

Money flows into funds on a weekly basis. 401k money, pension money,etc. Most of them have to invest it when it comes in.

Nah. We hold until May. They keep repeating the same pattern.

I think Cramer might finally be right about a stock going higher for once. I agree this one might go parabolic for a while now.

It's very difficult to sell because there is no liquidity. It only traded 12,000 shares today.