s n p looking to do a nose dive into the 1900 's this fall.,
its been sell the rips lately... one of these rips is gonna rip the face off bulls.
I'm hoping that we get major tankage into the 1600 though next year... hopefully usher in a new republican president.. or at least somebody who is fiscally sound.. then you'll see merica shoot the s and p towards 2500 and above...
i know ppl trade here on this board but do any of you guys buy or average into broad index etfs.... i mean what would you recommend... ??? just stuff that if i drop a couple of grand a year slowly eventually it will pay off kinda like how 401ks work... i have some stuff i buy all the time periodcally and other stocks like xom , etp or stuff like nike that I've bought slowly and has paid off. but i kinda don't want to do single stocks cause you never know..
i remmeber when the market was going up last year while apple was tanking it was super frustrating .. then finally got to break even and apple just fukking soared... but i was already discouraged by seeing the s n p up and apple stock going down... lol
also what percentage of your money do you guys spend on day trading v. like long term investments..??
and i use merill lynch free trades if you have over a certain amount... i had wells as well.. so I've tried to erase or neutralize commission costs for all these small steady purchases... day trading obvoulsly you go with a broker who can excute fast and efficient..lol...