Contour Enthusiasts Group Archives Forums General Common Interests How many of you play the stock market....

How many of you play the stock market. I'm losing a LOT of fake money for a class and I really would appreciate it if I can get some help with some recommendations.

I'm new to this game which sucks because the final grade is very dependent on our final outcomes. For one, I thought DELL, TASR, and the OIH was going to make me some money and they turned out to be the biggest losers so far.

I would really appreciate it if anyone would provide me some guidance with some good investments. Does not matter if you respond to this thread and discuss it openly or via PM's.

Trammell Crow Company, TCC

I have developed a fair amount of saving simply through Proctor and Gamble. I dont really play the market, my money just sits there and grows. Take a look at Google, that would have been, and still is, a stock to get while the gettin' is good.

Thanks for the responses so far. Also, do stocks usually close higher or lower over the weekend?

What do you think of these stocks? Are they good buys for tomorrow?

HD Home Depot
INTC Intel
BP British Petroleum
AAPL Apple
CQB Chiquita

I appreciate all the help I am getting so far. You all have been great with the fast responses.

With the fourth quarter rolling around I have found that most all retailers (i.e. Wal-Mart, K-Mart, Sears etc.) are pretty good bets. The fourth quarter usually makes up over 50% of most retailers yearly sales.

Buy high yield, dividend paying stocks such as DOW stocks for the long term (ie P&G, IBM, Home depot) also real estate funds good for long term. short term, look for bad news blown out of proportion...ie McD's a while back...follow trends and the hot sectors. 99% of the time you are picking the wrong sector not the wrong stock. Do the opposite to what the analysts are saying...they are wrong 50% of the time. my analyst said not to buy Nortel at .67, I bought 5k worth and sold at $4.85 a few months later (it's funny because Nortel was a buy, according to the analysts, the whole time the stock was dropping from $12 to $1.25)
if you want to make some $$$, it won't come easy. read all you can, the key is knowledge....I read every book there was in the book store on finance, stocks trading etc. read up on the big name traders