Dow Breaks 10,000 Now What.?

whitedust

Well-known member
Rally maybe losing steam on reports of rough road ahead thus the down market of late. Not too long to wait for Xmas retail reports & see if consumers dug another debt hole with ccs & bought big or held back. 5 weeks & we will know. The same stocks you buy now could be a lot cheaper in Q1 2010. Wait & see & cash in some profits then look to 2010 for best plan. Also big box stores ready to out do each other with Thanksgiving & holiday promos. Will we show up or play chicken with sale prices or just stay within budgets???
 

luke_duke

Member
Opened an online acct this past summer and put money in 1 company and planned to keep it in for years. It has doubled my money since. I really don't know carp bout the market but I am learning quickly. This last week I put more money in kohls stock based partly on Whitedust's input on an earlier post and Sammy pressuring me to "buy buy buy!" Since then it hasn't done so well, so maybe I am a jinx. I plan on letting it ride for a while since my other stock has it covered many times over. What should I do now Sammy?...drink some juice! Lol
 

whitedust

Well-known member
Kohls & Walmart very good retail stocks to own Dollar General too. You don't have to worry about them much just let them ride.
 

sammy

Banned
ok luke duke iam long term and will not sell profit like whitedust before yr. end. why pay taxes? even if market slides which it has to. be ready for 2010.also interest rates can only go up from here whitedust, so bonds i personally would not buy.again unless its long term bonds.
 

rocketman356

New member
Taxes,,,,,,,,,,,,,,,,,lol,,,,,,,,,who is going 2 B paying any taxes this spring? Obama will B own his own big time.Is it spend here tax now
 

luke_duke

Member
I wasn't planning on selling any of the original stock I have..it was put in on the idea I might lose it. Its more of a long term investment. It has been a heck of a surprise though. The kohls stock/money I just invested will be used to buy and sell if need be. That's my plan anyways(how good of a plan it is, I don't know). Its been a lot of fun. Thanks for the assurance whitedust because I was wondering what the he_ _ I was doing.
 

whitedust

Well-known member
sammy did not know you were looking for the slide with buy buy buy posts. Your are long while I take profits here & there enjoy the cash & tend not to get too greedy but looking to go long in 2010. Taxes not a concern for me this year. luke duke Kohls had a kickass Q3 & will do well Q4 the other retailers I don't know yet.
 
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