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Old 07-29-2009, 11:01 AM   #326
rapidacid
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Re: General investing questions, newbie queries and thoughts megathread

Trying to figure out this eventual NTY trade ... I'm not an experienced trader and I'm just getting into TA, but I believe I'm going to go pretty heavy on the short side ...

I'm currently looking at the 2month chart and plan to put on the trade when the RSI closes below 70 and the Slow Stochastic closes below 80 ... this seems like basic TA?

Not sure how to set my buy to covers ... let it run until it bounces off the lower boundary RSI & Stochastics?

I'm also looking at ADX ... the DI+ & DI- are still pretty diverged ...

Any thoughts on how to proceed or holes in my logic?

[IMG]http://www.*********************/uploads/063e7931a5.png[/IMG]
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Old 07-29-2009, 11:26 AM   #327
mEmmerrr
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Re: General investing questions, newbie queries and thoughts megathread

Advice for how someone in the UK would go about starting to accumulate a short ETF?

Looking to cover S&P, possibly a few sectors if things look right.

[opinion]Others heavily stock commited to this "bull market" may want to consider this too. IMO, things are gonna come down hard by years end, this whole rally is on ludicrously short term company figures that most people have bought, literally. Have a real look at the numbers and analysis on them.[/opinion]
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Old 07-29-2009, 11:28 AM   #328
mEmmerrr
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Re: General investing questions, newbie queries and thoughts megathread

Quote:
Originally Posted by rapidacid View Post
Trying to figure out this eventual NTY trade ... I'm not an experienced trader and I'm just getting into TA, but I believe I'm going to go pretty heavy on the short side ...

I'm currently looking at the 2month chart and plan to put on the trade when the RSI closes below 70 and the Slow Stochastic closes below 80 ... this seems like basic TA?

Not sure how to set my buy to covers ... let it run until it bounces off the lower boundary RSI & Stochastics?

I'm also looking at ADX ... the DI+ & DI- are still pretty diverged ...

Any thoughts on how to proceed or holes in my logic?

[IMG]http://www.*********************/uploads/063e7931a5.png[/IMG]

EDIT lol at my inability to read. Sell away sir.
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Old 07-29-2009, 08:31 PM   #329
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Re: General investing questions, newbie queries and thoughts megathread

Quote:
Originally Posted by acehole60 View Post
Thanks guys. I knew you had to have a lot of money to invest in a hedge fund, just didn't know it was that much.

I'll look up the mutual fund, mrdasefx, thanks. Would this be better than individual stocks? I know my bank tracks/analyses about 20 danish stocks and could probably give pretty good advise on them. Don't know if it's best to let them take care of it or if I should try with an online broker and for example go with the mutual fund MDLOX and/or other stocks.
It is hard to say man. Everyone has their own preference. I like that particular fund because of the proven performance over a long period of time. There are tons out there and I don't want to sound like I am promoting just that one. I just personally like it.

You pay one time upfront and then its performance is net of expenses so even though they are there you really don't see them. Either you make money annually or you don't. If you start with 15k and buy an A share then you are starting in a 5 percent hole. The A share has the lowest expense ratio anually. You could buy a B share and pay nothing up front but have a higher expense ratio annually for about 6 years then it turns to into an A share. On a B share there is a back end fee if you decide to withdraw so do your own homework on that. B shares have a bad reputation but for something like 15k if you are sure you are holding it long term it would not be a bad deal for you.(I may get flamed for that statement but it is true)

Also the information above is not just for the fund I mentioned but for most mutual funds.

Everyone has their own preferences. If you can buy and hold stocks and feel confident enough to diversify your holdings and evaluate the companies all while keeping a balance of cash and bonds relative to your risk tolerance then by all means it would be much cheaper. I would probably wait until you had more money to start with though.
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Old 07-30-2009, 02:33 AM   #330
MagicNinja
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Re: General investing questions, newbie queries and thoughts megathread

i'm becoming v interested in foreign investment and trying to get a better picture of real estate from a global perspective. i started a thread in hsnl that has started to deviate increasingly into what is basically a foreign real estate thread, and would appreciate anyone here to post basically whatever in the thread, content about the differences in mortgage rates, yields, taxation, visa situations etc in foreign countries.
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Old 08-03-2009, 02:39 PM   #331
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Re: General investing questions, newbie queries and thoughts megathread

I put 32k in my IRA around tax season but didn't invest it, was waiting for market to dip a bit, hoping to get in while the dow was in the 7000's, it recently got to 7900, but read the to catch a falling knife thread and decided to wait a little longer. Unfortunately dow is now up to over 9k, did I mess up big? Should I just invest now or wait a little longer?

Thanks
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Old 08-03-2009, 09:29 PM   #332
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Re: General investing questions, newbie queries and thoughts megathread

this may be basic but i don't understand it. i came across it reading about Buffett. the author says something like:

"In the year 1995, Company A was paying out 100% of its proceeds on oil in dividends ($0.80 per share annually). Since interest rates on treasury bills were at an all time high of 14%, the market was valuing the company at $5.71 per share (.80/.14 = 5.71)."

i don't understand why dividing the dividend rate by the t-bill rate gives us the market value of the shares.
*
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Old 08-03-2009, 09:34 PM   #333
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Re: General investing questions, newbie queries and thoughts megathread

Quote:
Originally Posted by KJM View Post
I put 32k in my IRA around tax season but didn't invest it, was waiting for market to dip a bit, hoping to get in while the dow was in the 7000's, it recently got to 7900, but read the to catch a falling knife thread and decided to wait a little longer. Unfortunately dow is now up to over 9k, did I mess up big? Should I just invest now or wait a little longer?

Thanks
Welcome to market psychology. Rising prices make you as nervous as falling prices. This is why you need to identify goals and use those to distinguish the logical choice of action. If you're investing for the long term, you shouldn't let 10% moves throw you off.
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Old 08-04-2009, 12:53 AM   #334
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Re: General investing questions, newbie queries and thoughts megathread

Quote:
Originally Posted by joker122 View Post
this may be basic but i don't understand it. i came across it reading about Buffett. the author says something like:

"In the year 1995, Company A was paying out 100% of its proceeds on oil in dividends ($0.80 per share annually). Since interest rates on treasury bills were at an all time high of 14%, the market was valuing the company at $5.71 per share (.80/.14 = 5.71)."

i don't understand why dividing the dividend rate by the t-bill rate gives us the market value of the shares.
*
anyone? mods, maybe it's not such an easy question and could get its own thread...
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Old 08-04-2009, 01:21 AM   #335
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Re: General investing questions, newbie queries and thoughts megathread

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Originally Posted by joker122 View Post
anyone? mods, maybe it's not such an easy question and could get its own thread...
Without the rest of the commentary its tough to say. But sometimes the treasury rate is used as the discount rate.
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Old 08-04-2009, 06:10 AM   #336
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Re: General investing questions, newbie queries and thoughts megathread

Quote:
Originally Posted by KJM View Post
I put 32k in my IRA around tax season but didn't invest it, was waiting for market to dip a bit, hoping to get in while the dow was in the 7000's, it recently got to 7900, but read the to catch a falling knife thread and decided to wait a little longer. Unfortunately dow is now up to over 9k, did I mess up big? Should I just invest now or wait a little longer?

Thanks
This is why you don't time the market when saving for your retirement. Assuming your time horizon is around 20 years or even more I'd just stick it in there and look back when you're retired.
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Old 08-08-2009, 01:12 AM   #337
Huck Cheever
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Re: General investing questions, newbie queries and thoughts megathread

I am interested in backtesting some options strategies. I would like some historical data, end of day data would be fine

Would anyone know where to get it for free? If not, does anyone have experience for a pay site? I would be willing to pay ~$100 if I had too
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Old 08-08-2009, 02:29 AM   #338
Huck Cheever
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Re: General investing questions, newbie queries and thoughts megathread

I am taking a look at http://www.tickdata.com atm, anyone have experience buying data from them?
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Old 08-08-2009, 07:32 PM   #339
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Re: General investing questions, newbie queries and thoughts megathread

so if i wanna discuss forex trading...u want me to look thru 23 pages of posts to find relevant info??

really?
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Old 08-09-2009, 02:55 AM   #340
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Re: General investing questions, newbie queries and thoughts megathread

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so if i wanna discuss forex trading...u want me to look thru 23 pages of posts to find relevant info??

really?
Or just, you know, post in that thread. Or you know, take ADD meds, sit down, and learn.
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Old 08-12-2009, 06:08 PM   #341
Krax
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Re: General investing questions, newbie queries and thoughts megathread

Hi,

one of dont's here is:
- Stuff on gold or anything about how the US dollar is going to collapse. We have a thread for that! Remember the stick rules apply here!

I'd like to ask for link to this thread. There is really a lot of stuff on the forum and I was unable to find it.

Or, if someone wants to answer this question: Is Dollar expected to lose value, or otherwise? In comparison to Euro, probably (Im actually interested in comparison to CZK, but I suppose noone knows about that here).

I mean, I am total..ehm, fish at markets. I did manage to win some money through poker. And I dont know what to do now: keep it at $ or exchange for CZK. I'd probably keep it, but I really dont trust financial "tactic" that Obama chose and Im hearing some apocalypse stories (very unreliable ofc) way too often lately.

CZK=czech currency
Thanks
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Old 08-24-2009, 12:49 AM   #342
WhoIam
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Re: General investing questions, newbie queries and thoughts megathread

Is there a business/economics term for when a crappy business destroys an otherwise profitable business along with itself? For example, suppose you own a somewhat profitable bar in a tourist spot. Some guy rents the space next to you and opens an anime-themed bar. This is a horrible idea and doomed to fail. After a month of no customers, he puts out a big sign that says "$1 pints all night." He attracts many of your regular customers and most of the tourists who would otherwise go to your bar, but he's still losing money. Everyone wants the cheap beer the other guy is selling but your bar is now losing money due to lack of customers. Eventually he runs out of cash and quits, but by this time you're forced to give up your now unprofitable bar. His business would have gone under regardless but your business would have succeded were it not for the other one.
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Old 08-24-2009, 01:17 AM   #343
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Re: General investing questions, newbie queries and thoughts megathread

In international trade the practice is called 'dumping', when you give away surplus resources super cheap in order to destroy competition around you.
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Old 08-24-2009, 05:25 AM   #344
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Re: General investing questions, newbie queries and thoughts megathread

I was thinking along the lines of "some idiot with no business sense drags a competing business down along with his." This is probably a clearer example: A. has a business selling widgets. B wants to get into the widget business and he has plenty of money but little common sense. B opens a store in a prime location and doesn't realized he'd need hundreds of widget customers every day just to pay rent. He starts selling widgets at cost to attract customers and eventually A is forced to fold. B raises prices but can't sell enough widgets to stay in business and is forced to fold. B's business failing was inevitable and A's business would still be around if it weren't for B. Now both are out of business.
This is different than, say, Standard Oil undercutting competition to drive them out of business. Sorry, I don't know if I'm doing a good job of explaining this.
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Old 08-28-2009, 01:13 AM   #345
spaceman Bryce
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Re: General investing questions, newbie queries and thoughts megathread

what should i put my 1k in?
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Old 08-28-2009, 05:39 AM   #346
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Re: General investing questions, newbie queries and thoughts megathread

Savings account.
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Old 08-28-2009, 07:14 PM   #347
Pokerdemic
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Re: General investing questions, newbie queries and thoughts megathread

In the next 12 months I am selling some generic index funds to pay down student loans that have been deferred while in grad school. Anyone offer a general guesstimate about when would be the best time to sell the index funds over the course of 12 months? Just wait and keep the fingers crossed things keep going up?
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Old 09-04-2009, 08:49 AM   #348
cameronbarry
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Re: General investing questions, newbie queries and thoughts megathread

tried a google search but couldn't find it. awhile back i heard something about weather prediction software that was so accurate it was banned from the markets. any info on this?
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Old 09-04-2009, 10:10 AM   #349
deepfried
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Re: General investing questions, newbie queries and thoughts megathread

i currently have a fair portion of my money in the London Stock Exchange and UK savings accounts. I would like to move some money into euros so that im not so strongly tied to the £. What is the best / easiest way to open a Euro currency bank account and share dealing account from the UK?

I could use my existing UK trading account to trade on euro markets, however they would take a 1.75% spread on currency conversion going each way so would prefer to avoid that.

thanks.
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Old 09-04-2009, 07:57 PM   #350
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Re: General investing questions, newbie queries and thoughts megathread

Hey all, I have a question about gold ETFs. I saw a youtube video of Peter Schiff recommending long term investments in gold ETFs as a way of hedging against hyperinflation. I have also seen him in other interviews recommending to stay away from securities in USD. This seems to contradict his advice regarding US ETFs (I believe the one he recommended was Streettracks "GLD").

What would happen to gold ETFs if hyperinflation were to set in? Would gold (and other commodities that rise in value as a currency is debased) ETFs truly be hyperinflation-proof?

Thanks all
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