i thought this would come BEFORE it hit 14000 Posted by ruthie on :
OUCH!!!!!!!!
Posted by Jo4321 on :
Over the past week, I've lost the equivalent of the price of a new SUV and Flat-screen TV.
This is painful.
Posted by stocktrader22 on :
yeah this is killing me.
Posted by fourseven on :
yeah, the VIX is making new highs all day today..
Posted by WETBHINDEAR on :
429 !!!!! kill me now
Posted by Schopenhauers Dog on :
I've been staying away for the past two weeks, so this isn't hitting me too hard. Thank god. But on the upside, tonight will be a good night to go "shopping." LOL
Posted by Jo4321 on :
Good Doggie!
Smart.
Posted by a surfer on :
rebounding...
Posted by Mortimer on :
quote:Originally posted by Jo4321: Good Doggie!
Smart.
Agreed. The only problem is you need money to actually buy something, otherwise you're just window shopping....not that that can't be fun, and is probably better if you can't spot a deal if it smacked you in the face anyways. It's hard to free up money on days like this.
Posted by Jo4321 on :
Right, but Shopenhauers dog did it right. Sounds like he freed up his money a few weeks ago.
How I wish I had done that.
Jo
Posted by glassman on :
listening to the bozo's on MSNBC make excuses is just pissing me off...
some guy just said that the folks defaulting weren't doing much to contribute the economy anyway? LOL.. how insulated are these guys?
if China stops buying our bonds? our national debt will be UNBEARABLE...
Posted by thesource on :
Time to buy !!! Too bad I'm broke right now Posted by glassman on :
quote:Originally posted by thesource: Time to buy !!! Too bad I'm broke right now
too soon...
Posted by fourseven on :
Humm. I think the market needed the ass-wonkering it got today.. Had it coming, some would say. Banks have been sliding sideways for weeks now, with the sub-prime defaults, housing slowdown and what not.. and it's a good warning sign when the big money wheelers can't seem to hold their value.
Schop's dog is smart, going all cash in times like these.
Here's the untold benefit of playing small- and micro-cap stocks tho.. they're often so irrational and disconnected from the market at large, that even when Wall St. is burning down, they don't sink.. but turn a profit.
Posted by Jo4321 on :
Worse drop of the year. ------------------------------------
Stocks Plunge; Dow Falls More Than 400 Thursday July 26, 3:26 pm ET By Joe Bel Bruno, AP Business Writer Stocks Plunge on Lending Worries, Taking Dow Industrials Briefly Down More Than 400
NEW YORK (AP) -- Wall Street suffered its biggest plunge of the year Thursday, leading global markets lower as investors fled stocks amid increasing uneasiness about the mortgage and corporate lending markets. The Dow Jones industrials briefly fell nearly 450 points, while Treasury yields plunged as investors moved money into bonds.
quote:Originally posted by fourseven: Humm. I think the market needed the ass-wonkering it got today.. Had it coming, some would say. Banks have been sliding sideways for weeks now, with the sub-prime defaults, housing slowdown and what not.. and it's a good warning sign when the big money wheelers can't seem to hold their value.
Schop's dog is smart, going all cash in times like these.
Here's the untold benefit of playing small- and micro-cap stocks tho.. they're often so irrational and disconnected from the market at large, that even when Wall St. is burning down, they don't sink.. but turn a profit.
---------------------------------------- agreed, a correction well over due and probably not finished yet, the majority of americans as awhole are not prospering, the dow is bloated and way overpriced and does not reflect an accurate forecast of this countries economy ( which in many regions is a wreck)!
Posted by glassman on :
it looks to me like P&D on the grandest scale...
everybody got out of real estate, and didn't know what else to do with their money.
Posted by Schopenhauers Dog on :
quote:Originally posted by Jo4321: Good Doggie!
Smart.
I wish I could say it was smart...but it would be more accurate to call it "beginner's nervousness." I'm still learning this game, so I tend to err on the side of caution until I feel as if I can do consecutive, small, good trades on my own. I've already been bagged a few times these past few months, so I don't feel as if I'm "there" quite yet. I'm keeping my capital invested quite low until I have some semblance of confidence.
Posted by fourseven on :
quote:Originally posted by IMAKEMONEY: SHORT!!!!!!! LMAO
You be laffin', but that's exactly what went down. Look at the end of the day, from 3:20pm or so.. that little rally -- that's the shorts buying back what they sold earlier on.
Some people made a ton of money today, and the wave of panic helped splendidly.
Posted by a surfer on :
quote:Originally posted by glassman: it looks to me like P&D on the grandest scale...
everybody got out of real estate, and didn't know what else to do with their money.
Wonder how many more times this will happen before people put heir money back in real estate?
For every action there is a reaction....
Real estate is pathetic in Fl.
Posted by cassity on :
quote:Originally posted by a surfer:
quote:Originally posted by glassman: it looks to me like P&D on the grandest scale...
everybody got out of real estate, and didn't know what else to do with their money.
Wonder how many more times this will happen before people put heir money back in real estate?
For every action there is a reaction....
Real estate is pathetic in Fl.
Thats not the only thing pathetic in FL....LOL! What's goin on buddy?
Posted by a surfer on :
LOL whats up dude!!!
Long time....
where you been hiding...???
Posted by cfeist on :
Surf is kind of pathetic in FL heh
Posted by a surfer on :
quote:Originally posted by cfeist: Surf is kind of pathetic in FL heh
Yea those are some nice waves. As for over here in So Cal we've been having nothing but crap lately, so i'd classify this month as pathetic for sure... You're a better surfer than I am anyway, but at least i'm far from a kook. Nice vid btw
Posted by IMAKEMONEY on :
STILL A SHORTING PARTY!!
Posted by IMAKEMONEY on :
DOWN 125 Posted by IMAKEMONEY on :
DOWN 208 Posted by glassman on :
quote:Originally posted by glassman:
quote:Originally posted by thesource: Time to buy !!! Too bad I'm broke right now
too soon...
still too soon Posted by glassman on :
pull a five year chart and look at the 200MDA... if we dont touch it? i'll be surprised...
if we break thru it? it'll prolly stay below it for a month... we should close the year about 8% up (on th e year) based on history...
but the housing/credit problem should take a couple points from that
we are seeing a major fundamental shift into the "ethanol economy" and i don't know how to factor that in yet...
i DO know how to factor it into my weekly expneses tho...
too many people been partying on borrowed money for the last five years... time to pay up.. Posted by retiredat49 on :
quote:Originally posted by a surfer:
quote:Originally posted by cfeist: Surf is kind of pathetic in FL heh
Hey Surfer...I'm going snowboarding out in Colorado this winter...I was wondering if you could recommend a good place to go, and do you know when the best time of the year is to go for powder. A friend says he likes Winter Park in April...ever been there? Any suggestions?
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heh
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