Oh I know for sure I can get a better ROI betting than in stocks. The tough part is finding someone to take bets that large in Indiana. If I had a real sports book here, I would be playijng with a lot more money. I don't trust online books very much.
2011 Off topic thread(basketball,movies,etc whatever)
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So I lost my job like 3-1/2 years ago, and hit some hard times, so instead of rolling my 401k with my new employer, I had to take that shit with the penalty and spend it. I have been dicking around not getting a new 401k with all this market shit going on.
Any thoughts? Should I wait more? Maybe through it in some low risk fund? What say you?2012: +19.33
2012 Parlay project: +16.5uComment
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I have no clue IWS. The way the market is right now I just do not know. I do not know if it is the big boys, computer trading or what. But this year has been so volatile. I bought a stock a couple of months ago for around 7 bucks, it has since gone to 10 and is now back to 7.
FMCN...a chinese stock was trading @ 24 or something. A newsletter came out saying it was a fraud. It dropped to 9 bucks in 1 day. It is now 21 bucks just a week or 2 later. Just so much shady shit going on.Comment
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The information is just not available to us regular guys. Each company has a whole team of accountants trying to make the company look better than it really is, and if you try to follow analyst predictions (the equivalent of betting touts) by they time they are all hot on a stock, their hype has already been priced in and it is on its way down. It is really damn difficult anymore. I have always been a value guy, mostly what you would call a "quant"- but I can seem to separate the wheat from the chaff. I might as well throw darts.2012: +19.33
2012 Parlay project: +16.5uComment
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Probably be wise to just stick with something you know. I bought AAPL after its recent pullback because I know it. And I know they will be kicking ass for at least another year or two. But part of the reason for their latest downturn was the talking heads on CNBC and Goldman Sachs talking it down. HHHMMM, I wonder why they would talk down AAPL right before the holidat season and right before AAPL is most likely going to report HUGE record earnings. When it comes to wall street, they are all in it for themselves. Might be wise to buy after the big boys say sell and sell when they say buy.Comment
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Just do the exact opposite of whatever you think you should do in every situation and you will probably be golden.2012: +19.33
2012 Parlay project: +16.5uComment
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Mitt Romney actually answered an investment question recently. He said that when he is the most fearful and feels like he is ready to give up, he buys. I thought it was pretty spot on. But that shit is way easier to say than to do. And it is also advice from a mormon.Comment
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Well i am fearful when the market is up and when the market is down and when the market is sideways (all for different reasons). Dollar cost averaging is really the only way I feel ok investing a lot. I have a mad money account that I buy individual stocks with, and it has never really bothered me until recently when I can't seem to do anything right. The money in my actual retirement accounts is pretty boring and DCA there so it doesn't bother me too much2012: +19.33
2012 Parlay project: +16.5uComment
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BOL at 225 pound division. As if the HW division doesn't suck enough ass, as is. Let's split it in half.
As for 125, I'm sure there are plenty of 115 pound Shooto queers who would love the opportunity.Triple-six killers in this motherfucker runnin shitComment
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another weight class no one cares about
inb4 Ken Flo cuts off an arm so he can make 1252015 MMA BETTING CHAMP
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