Looks like another down day.
At least it looks like I will handily beat the S&P today, as I'm only down 0.65% or so while it is down 1.3%.

Well on the positive side I grabbed more Bank of America this morning... (grabbing them by small chunks, my experience has taught me that I feel better afterward doing it that way than grabbing huge positions in one time, and each chunk is big enough anyway that the trade commission still represents very little , My commission is 7.95$ /trade and I've been buying 250-300 BAC stocks each time).

I was just thinking about that. You have a good deal I pay 20$ for my commission (will pay, when I start my investments). Is that through a special deal with your broker?

"I scratch your back you scratch mine" kinda thing?

Nah Fidelity offers 7.95$/trade for everyone with no minimum number of trade required...

Typically at that price I try to do minimum trades of 2000$ so that the trade comission stays under 1% for buy + selll ( which would be 15.90$).

Thw whole market has been correcting and in a dip for the last 3 days.

So true, you need to count commission twice in trading! 1% is a good compromise then, hey? Sadly, I am charged 20$ per transaction so my trade commission is actually 40$ total... >:E

@spurge Hey man, chill. Apart from what Ail said, the trends were similar in DS Y1, released Fall 2004. Look at the trend, it only starts ramping up in Fall 2005. That was once:

1) DS had already a full year in market (we're not there yet with 3DS), and the Wii was 1 year from launch (well, we're there about now).

2) The Nikkei had started going up in Mid 2003, stayed flat and spiked up again in Mid 2005. This must have kick-started Nintendo's stock.

Then, NTDOY's curve started really ramping up mid-2006 onward. This is mostly due to explosive DS sales, and maintained and spiked later in 2007 thanks to Wii boom.

Bottom line:

Hang in there, we're not in the roller coaster just yet. It's coming soon if 3DS can pull off explosive SW sales like the DS could (hopefully 2D mario 3DS), and WiiU can also pull off a Wii Sports-like appeal (maybe half of it is my prediction). All in all the curves should be good.

Expect high competition from mobile/social/tablets against Nintendo's bread and butter casual offerings though (Nintendogs, Brain Age). Time will tell, but I expect very subdued 3DS SW sales as compared to DS, and about half the performance of Wii Sports SW for WiiU's interactive experiences.

It should go up, but not right now. Once WiiU launches it will certainly go up due to WiiU's interactive appeal.

Corrections, hurt. After the drop yesterday I had a feeling it would keep dropping. Was going to panick sell/short. But last time I tried that it bounced back by afternoon. So today I held on. I think I'm paralysed by indecision lol.

Ladder or real investments? What are you investing in, maybe Ail could give you some advice!

Ladder lol. But my brother wants me to help him setup and manage his portfolio. I keep telling him I'm not comfortable with losing his money, but he insists. I think he believes that I have magic money making powers or something :P

Haha :) Well, none of us are brokers, and not all brokers are helpful. Try your shot at posting your concerns/predictions here. If you look at my post to Ryan above, you'll see one analysis of Nintendo's situation. Ail might be a better candidate at answering your prediction concerns for the likes of Apple, Zynga, and others.

Well assuming it is the ipad 3 being unveiled tomorrow, I'm expecting apple to drop. Not sure how much, but unless the ipad3 turns out to be super duper amazing, there's no way it's gonna meet expectation/hype of all those rumours.
Apple stock dropped when iphone 4s came out, just because it wasn't the iphone 5 investors were expecting. But I'm holding on to my apple options since I've already lost so much in them :P Does that make me illogical?

As for gaming stocks, I get the feeling the market doesn't understand them very well and tends to be very bearish unless they're posting record gains. That's why I don't expect our gaming stocks to go anywhere until the 8th gen is in full swing and record profits start coming in. That also means I'm currently at a loss as to what to do in our Vgchartz ladder game.
Btw when does the ladder month end? Or are you going to run it for 2 months?