Open Side Menu Go to the Top
Register
June **** thread June **** thread

06-02-2008 , 01:44 PM
Post your random thoughts, trades, ideas and brags here.

Also good luck to everyone writing the CFA on june 7th. Im going to make an exception for the next week and if anyone needs help with a question you can post it in this forum.
06-02-2008 , 02:32 PM
I'm up 45% for the year.
06-02-2008 , 02:37 PM
Good, Year is not over YET.

Last edited by jonatanko; 06-02-2008 at 02:49 PM.
06-02-2008 , 02:39 PM
Actually if the year ended today, it would be my worst year since 2002.
06-02-2008 , 02:58 PM
subtle brag there yowserrs! ps. can to teach me and i can become your protege? please!

try and pass my ACA exams - 10th june Financial Accounting in the morning then Audit and Assurance (as fun as it sounds) in the afternoon, then on the 11th Taxation (even more fun). Off to zurich the next day for 4 days to meet a friend + beers then spain for 5 days end of the june for golfing holiday with brother. gogogo fun holidays stopstopstop exams.
06-02-2008 , 03:07 PM
if the ACA exam is something like the CPA exam in the U.S. then good luck john kane!

I'm currently studying for the CPA right now. It is draining hahah
06-02-2008 , 03:16 PM
I've been running freakishly bad as of late. Ghey IMO.
06-02-2008 , 03:44 PM
ty dyu626 and gl as well for the CPA. i think ACA is same just UK equivalent. ive never had to work as hard for something im my life than for these exams coming up. the tax is just crazy. endless amount of studying, hoping i can jussttt scrap through. speaking of which, time to cram some corporation tax for my mock tomorrow. aarrghhaaahah.
06-02-2008 , 03:58 PM
Quote:
Originally Posted by Yowserrrs
I'm up 45% for the year.
good five months, I am up 35% YTD was up really big before being on the wrong side most of May oh well. Its my first year in the market, so not to bad IMO. I am sure part of it is str8 up luck but I will take it either way.
06-02-2008 , 05:14 PM
Quote:
Originally Posted by Yowserrrs
I'm up 45% for the year.
I'm up about 50% even if you include recent cash infusions in my basis - I should probably figure it just to see. Annualized I'm up something sick, like >200%. Although I think I've been pretty lucky with some of my timing (mainly DSUP back in February). I've done 15% so far on my pet TWMC and my entire portfolio has been in it.
06-02-2008 , 08:28 PM
GLD options start trading tomorrow.
06-02-2008 , 09:25 PM
Quote:
Originally Posted by Thremp
I've been running freakishly bad as of late. Ghey IMO.
The "dogs" aint winning ?

06-02-2008 , 09:36 PM
2 biggest positions are long AAPL and PM. I'm expecting a nice run up to s&p 1500 and then I'll reevaluate. It's hard to see how we break the March lows when the Fed acted aggressively and we likely won't see another Bear Stern's type panic.
06-02-2008 , 11:17 PM
Has anyone taken the Series 7 & 63 exam? I am required to take it for my new job and I have to study for it while working super hectic hours. I am actually a bit worried about it.
06-02-2008 , 11:24 PM
Quote:
Originally Posted by stephenNUTS
The "dogs" aint winning ?

They don't cover the spread often either.


I'm glad to see your attitude has improved as well.
06-03-2008 , 12:56 AM
I ****ING HATE the new regs that only allow 4 loans per person...makes me sooooo sad Stupid ******ed investors ruining it for the rest of us.
06-03-2008 , 01:05 AM
Quote:
Originally Posted by RikaKazak
I ****ING HATE the new regs that only allow 4 loans per person...makes me sooooo sad Stupid ******ed investors ruining it for the rest of us.
How many loans do you want?

How come you wouldnt want 1 loan, which would probably lower your costs, having only 1 closing, etc?
06-03-2008 , 02:04 AM
Quote:
Originally Posted by hanster
Has anyone taken the Series 7 & 63 exam? I am required to take it for my new job and I have to study for it while working super hectic hours. I am actually a bit worried about it.

YES......63 is a piece of cake.The Series 7 is very tough and you MUST be prepared and study accordingly or you will not pass.

GL,
Stephen
06-03-2008 , 06:02 AM
Quote:
Originally Posted by StockMarketFTW
How many loans do you want?

How come you wouldnt want 1 loan, which would probably lower your costs, having only 1 closing, etc?
ZOMG WHY DIDN'T I THINK OF THAT!!!?!?!?!?

LOL...you crack me up

I don't think you know my situation exactly I own my own house, and 7 apartment complexes, along with some other real estate stuff.

It sucks cause you used to be able to have 10 "conventionally"...so my business model was built on that...however they changed it to 4...soooooooooooooo sad So right now I'm stuck, can't refinanace, can't pull out equity etc. until I go non conv ways or pay off some mortgages (or go through the wifes name or find other creative ways around it)
06-03-2008 , 09:44 AM
Oh. My mistake. I thought you meant like 4 personal or helocs.
06-03-2008 , 10:20 AM
Damn guess I took profits in AG a day early.
06-03-2008 , 11:20 AM
Quote:
Originally Posted by Yowserrrs
I'm up 45% for the year.
How many positions do you have and what is your two most laggard of them all and what is the top two performers and what is the port%?

I'm not asking for tickers, just their performances numbers. Curious how much your top guys are making up for your bottom guys.
06-03-2008 , 11:36 AM
I was writing Stephen a PM but I figured I might as well post this here:

"Thank you for your response! The 6-hour test seems like SAT all over again. What is your stance on the "CFA or MBA" issue? I've come to the conclusion that it is very much comparing an apple to an orange, since they are geared towards different people (somewhat). Of course, for someone like me (a soon-to-be-college-grad-to-professional) the question has been asked many times by myself.

Someone told me once; it really doesn't matter what cert you have, it's all about who you know. I don't know if this is relevant but he's a seasoned professional and I figured I'd throw this out there in case anyone agrees/disagrees.

Thanks again,
Han"
06-03-2008 , 12:29 PM
Quote:
Originally Posted by nuclear500
How many positions do you have and what is your two most laggard of them all and what is the top two performers and what is the port%?

I'm not asking for tickers, just their performances numbers. Curious how much your top guys are making up for your bottom guys.
I dont feel like putting all this together. If I did, I wouldnt have probs giving tickers.

I have realized gains on 100 names roughly. Some I've traded in and out of almost daily. Some I only traded once. I'm in the black on 70. Lost money on 30. I lost an absurd amount of money on one stock. Lets not discuss that one.
06-03-2008 , 01:04 PM
Quote:
Originally Posted by hanster
I was writing Stephen a PM but I figured I might as well post this here:

"Thank you for your response! The 6-hour test seems like SAT all over again. What is your stance on the "CFA or MBA" issue? I've come to the conclusion that it is very much comparing an apple to an orange, since they are geared towards different people (somewhat). Of course, for someone like me (a soon-to-be-college-grad-to-professional) the question has been asked many times by myself.

Someone told me once; it really doesn't matter what cert you have, it's all about who you know. I don't know if this is relevant but he's a seasoned professional and I figured I'd throw this out there in case anyone agrees/disagrees.

Thanks again,
Han"
Hello Han

The SAT's are a joke compared to taking/passing the Series 7 test

Did they supply you with the study books/DVD's to help you?

PM me if you need help

GL,
Stephen

      
m