# Buy buy buy buy **URL:** \ **Category:** Miscellaneous and Personal Stuff I Must Share\ **Created:** [August 24, 2015, 2:28pm UTC](https://boards.straightdope.com/t/buy-buy-buy-buy/728726 "2015-08-24T14:28:25Z")\ **Posts on this page:** 15\ **Page:** 2
**Author:** ![burpo\_the\_wonder\_mutt](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/burpo_the_wonder_mutt/32/365_2.png) [@burpo\_the\_wonder\_mutt](https://boards.straightdope.com/u/burpo_the_wonder_mutt)\ **Post date:** [August 27, 2015, 4:32pm UTC](https://boards.straightdope.com/t/buy-buy-buy-buy/728726/21 "2015-08-27T16:32:06Z")
^ If you’re planning on influencing the market in some way, I have to warn you–I’m backing you 100%. ---
**Author:** ![friedo](https://avatars.discourse-cdn.com/v4/letter/f/8edcca/32.png) [@friedo](https://boards.straightdope.com/u/friedo)\ **Post date:** [August 27, 2015, 4:38pm UTC](https://boards.straightdope.com/t/buy-buy-buy-buy/728726/22 "2015-08-27T16:38:27Z")
Too late. I’ve already cornered the market on waffle futures. ---
**Author:** ![Andy\_L](https://avatars.discourse-cdn.com/v4/letter/a/c67d28/32.png) [@Andy\_L](https://boards.straightdope.com/u/Andy_L)\ **Post date:** [August 27, 2015, 4:38pm UTC](https://boards.straightdope.com/t/buy-buy-buy-buy/728726/23 "2015-08-27T16:38:46Z")
> [@orderfire](#): > > I’m buying pork bellies, which are used to make _bacon_, which you might find in a _bacon_, lettuce and tomato sandwich. “It was the the Dukes! It was the Dukes!” ---
**Author:** ![burpo\_the\_wonder\_mutt](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/burpo_the_wonder_mutt/32/365_2.png) [@burpo\_the\_wonder\_mutt](https://boards.straightdope.com/u/burpo_the_wonder_mutt)\ **Post date:** [August 27, 2015, 5:41pm UTC](https://boards.straightdope.com/t/buy-buy-buy-buy/728726/24 "2015-08-27T17:41:34Z")
> [@friedo](#): > > Too late. I’ve already cornered the market on waffle futures. Crap in a hat! Skunked, again! I’m going after your Snickerses! ---
**Author:** ![Snarky\_Kong](https://avatars.discourse-cdn.com/v4/letter/s/a183cd/32.png) [@Snarky\_Kong](https://boards.straightdope.com/u/Snarky_Kong)\ **Post date:** [August 27, 2015, 7:43pm UTC](https://boards.straightdope.com/t/buy-buy-buy-buy/728726/25 "2015-08-27T19:43:20Z")
> [@friedo](#): > > What a lovely market-correction Monday. What are you buying? > > I am supplementing my current holdings in Disney, Tesla Motors, Con. Edison, and Kinder Morgan. And acquiring another large chunk of my Vanguard S&P 500 index. How has timing the market worked out for you in the past? ---
**Author:** ![friedo](https://avatars.discourse-cdn.com/v4/letter/f/8edcca/32.png) [@friedo](https://boards.straightdope.com/u/friedo)\ **Post date:** [August 27, 2015, 8:33pm UTC](https://boards.straightdope.com/t/buy-buy-buy-buy/728726/26 "2015-08-27T20:33:53Z")
> [@Snarky\_Kong](#): > > How has timing the market worked out for you in the past? Well, thank you. 😛 But seriously, I don’t really engage in market timing, since I make the substantial majority of my trades with a DCA strategy and hold for the long term. But I do believe in accelerating that a bit when certain sectors take an unwarranted kick to the nuts. ---
**Author:** ![muldoonthief](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/muldoonthief/32/3188_2.png) [@muldoonthief](https://boards.straightdope.com/u/muldoonthief)\ **Post date:** [August 27, 2015, 8:37pm UTC](https://boards.straightdope.com/t/buy-buy-buy-buy/728726/27 "2015-08-27T20:37:59Z")
> [@dalej42](#): > > Regrettably, there’s no longer futures trading in pork bellies They no longer make the G.I. Joe with the Kung Fu grip either. ---
**Author:** ![Whiskey\_Dickens](https://avatars.discourse-cdn.com/v4/letter/w/9fc348/32.png) [@Whiskey\_Dickens](https://boards.straightdope.com/u/Whiskey_Dickens)\ **Post date:** [August 27, 2015, 8:43pm UTC](https://boards.straightdope.com/t/buy-buy-buy-buy/728726/28 "2015-08-27T20:43:32Z")
I just signed up for a trading account with CIBC in Canada. I have my eyes on an oil company that I believe will begin to rebound once the price of oil starts to rise. ---
**Author:** ![JustinC](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/justinc/32/8083_2.png) [@JustinC](https://boards.straightdope.com/u/JustinC)\ **Post date:** [August 28, 2015, 11:34am UTC](https://boards.straightdope.com/t/buy-buy-buy-buy/728726/29 "2015-08-28T11:34:04Z")
> [@Whiskey\_Dickens](#): > > I just signed up for a trading account with CIBC in Canada. I have my eyes on an oil company that I believe will begin to rebound once the price of oil starts to rise. Yeah! ---
**Author:** ![Whiskey\_Dickens](https://avatars.discourse-cdn.com/v4/letter/w/9fc348/32.png) [@Whiskey\_Dickens](https://boards.straightdope.com/u/Whiskey_Dickens)\ **Post date:** [August 28, 2015, 12:41pm UTC](https://boards.straightdope.com/t/buy-buy-buy-buy/728726/30 "2015-08-28T12:41:36Z")
> [@JustinC](#): > > Yeah! Happened to text a friend about this stock, basically saying “have my eyes on it, think it’s due for a rebound in the next year or so.” Get a text message back saying basically “hope you’re right, just bought 100 _lots_ of it on your advice.” I called him immediately in a panic and basically said, jeez dude please do more research before investing $16,100 than just a text message from your drunkest friend. ---
**Author:** ![JustinC](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/justinc/32/8083_2.png) [@JustinC](https://boards.straightdope.com/u/JustinC)\ **Post date:** [August 28, 2015, 1:23pm UTC](https://boards.straightdope.com/t/buy-buy-buy-buy/728726/31 "2015-08-28T13:23:41Z")
> [@Whiskey\_Dickens](#): > > Happened to text a friend about this stock, basically saying “have my eyes on it, think it’s due for a rebound in the next year or so.” > > Get a text message back saying basically “hope you’re right, just bought 100 _lots_ of it on your advice.” > > I called him immediately in a panic and basically said, jeez dude please do more research before investing $16,100 than just a text message from your drunkest friend. Well his due diligence could do with a little work, but then again maybe he’s trusting you did yours? He may have been eyeing the sector for a while and your comment made his mind up, just the extra 1% to make it 51 or 100%. I remember reading about a guy who bought Facebook when it was in the 40s because it seemed to be "a completely stupid decision’. The markets aren’t rational and sometimes when making a rational decision you play into one of their traps. At least your friend bought into a very good industry, one that will likely outlive him and will be paying nice dividends along the way. ---
**Author:** ![August\_West](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/august_west/32/18069_2.png) [@August\_West](https://boards.straightdope.com/u/August_West)\ **Post date:** [August 28, 2015, 1:44pm UTC](https://boards.straightdope.com/t/buy-buy-buy-buy/728726/32 "2015-08-28T13:44:54Z")
> [@friedo](#): > > Too late. I’ve already cornered the market on waffle futures. I have bad news for you, waffles _don’t have corners!_ ---
**Author:** ![burpo\_the\_wonder\_mutt](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/burpo_the_wonder_mutt/32/365_2.png) [@burpo\_the\_wonder\_mutt](https://boards.straightdope.com/u/burpo_the_wonder_mutt)\ **Post date:** [August 28, 2015, 2:53pm UTC](https://boards.straightdope.com/t/buy-buy-buy-buy/728726/33 "2015-08-28T14:53:41Z")
> [@August\_West](#): > > I have bad news for you, waffles _don’t have corners!_ Time to corner the market on round-slot toasters, for Eggo “waffle-like product.” BTW, _urp_ I can’t corner _urp_ any more of the _urp_ Snickerses market today. _THUD_ ---
**Author:** ![Ruken](https://avatars.discourse-cdn.com/v4/letter/r/f475e1/32.png) [@Ruken](https://boards.straightdope.com/u/Ruken)\ **Post date:** [August 28, 2015, 3:02pm UTC](https://boards.straightdope.com/t/buy-buy-buy-buy/728726/34 "2015-08-28T15:02:01Z")
> [@friedo](#): > > Well, thank you. 😛 But seriously, I don’t really engage in market timing, since I make the substantial majority of my trades with a DCA strategy and hold for the long term. > But I do believe in accelerating that a bit when certain sectors take an unwarranted kick to the nuts. It’s for weeks like this that I always keep some cash in the accounts. It’s not really timing, just frequent reallocating. ---
**Author:** ![Bill\_Door](https://avatars.discourse-cdn.com/v4/letter/b/50afbb/32.png) [@Bill\_Door](https://boards.straightdope.com/u/Bill_Door)\ **Post date:** [August 28, 2015, 3:02pm UTC](https://boards.straightdope.com/t/buy-buy-buy-buy/728726/35 "2015-08-28T15:02:48Z")
I did buy some Disney for my grandson’s account. A buy order was triggered at $100.50. [Previous page](https://boards.straightdope.com/t/buy-buy-buy-buy/728726.md?page=1)