 | How about that Dow | | 
10-06-2008, 11:42 AM
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#1 | | That Crazy Nigga
Phil ver0 is offline
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Dow falls below 10,000
Dow hit 9800 42 minutes ago. Are we officially fucked?
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Last edited by Phil ver0 : 10-06-2008 at 11:46 AM.
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10-06-2008, 11:56 AM
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#2 | | This news are all fake news.
ranatalus is offline
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not fucked but uh
things are looking pretty gay
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Originally Posted by Heavy Metal Hero  steve you are a pussy i straight everclear after smoking a pipe | | |
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10-06-2008, 12:02 PM
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#3 | | Box Box'n
Swors-k is offline
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I'm waiting for the large boards at the exchange to just re-arrange themselves into a digital "D:"
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Originally Posted by k_eternarv IF I COULD BE ANY TYPE OF TREE ID BE A FUCKING FAGGOT | Quote:
Originally Posted by stuartwood89 Keith your cold alcoholic beverage of malted barley, yeast, hops and water is proceeding to overturn onto the server. Naaaaaaaaaaaaaaaaaaaaaaaayyyyyyyyyyyyyyyyyyyy.... | Quote:
Originally Posted by Vagabond King i will never get an erection again
although my gentials seem to be moist all of a suddeAUGH | | |
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10-06-2008, 12:07 PM
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#4 | | This news are all fake news.
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i am waiting for the rain of investors
it's kind of like rain of toads but messier
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Originally Posted by Heavy Metal Hero steve you are a pussy i straight everclear after smoking a pipe | | |
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10-06-2008, 01:34 PM
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#5 | | //bemanistyle::[Member]
AceJay is offline
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Apple down 7.5% hahahaha | |
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10-06-2008, 02:02 PM
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#6 | | simple semens stop STOP STOP!!
Reenee is offline
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Originally Posted by AceJay Apple down 7.5% hahahaha | Uh oh, what's smaller than a nano? | |
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10-06-2008, 02:13 PM
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#7 | | were my snopis
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Dropped as much as almost 800 points, was in the 9.5K range but it's gone up a bit as of 3PM ET.
Bailout. lmfao | |
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10-06-2008, 02:42 PM
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#8 | | This news are all fake news.
ranatalus is offline
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Quote:
Originally Posted by Hiryuu Dropped as much as almost 800 points, was in the 9.5K range but it's gone up a bit as of 3PM ET.
Bailout. lmfao | to be fair the bank bailout has nothing to do with the markets; the market fluctuations (more like severe drops in the market) are a reflection of a lack of investor confidence. many investors are taking all/most of their money out of their stocks (which causes the prices to go down) and putting them into the treasury which offers very low yield but is STABLE
as more people do this, the market deflates further, and encourages more people to do it before they also lose their investments, which causes the market to deflate further, etc etc etc
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Originally Posted by Heavy Metal Hero steve you are a pussy i straight everclear after smoking a pipe | | |
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10-06-2008, 03:24 PM
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#9 | | We livin' like Superstars.
red shoe paul is offline
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Originally Posted by Reenee Uh oh, what's smaller than a nano? | A Shuffle. But NOTHING is smaller than that.
Also yeah, I really don't know what to expect next. I just take it day by day.
__________________  First Kiss
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bloggin' | |
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10-06-2008, 03:50 PM
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#10 | | APHEXTWINAPHEXTWINAPHEXTWIN
Ribos is offline
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Quote:
Originally Posted by fuсk forum boredom to be fair the bank bailout has nothing to do with the markets; the market fluctuations (more like severe drops in the market) are a reflection of a lack of investor confidence. many investors are taking all/most of their money out of their stocks (which causes the prices to go down) and putting them into the treasury which offers very low yield but is STABLE
as more people do this, the market deflates further, and encourages more people to do it before they also lose their investments, which causes the market to deflate further, etc etc etc | That said, if you have no prior investments, now would actually be a decent time to make some investments, due to the really low prices.
However, the fine print is that you have to be careful in your choices. A company goes under, and you're pretty much SOL. Any company that rebounds from this, though... you could stand to make some very healthy returns in a few years.
But that's just me trying to have a sunny outlook on this HOLY CRAP UNDER TEN THOUSAND WE'RE FUCKED!
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10-06-2008, 03:54 PM
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#11 | | c.o.s.m.i.c.o.l.o.r
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So yeah right now I'm out 8k.
Not yet willing to jump out of buildings though. Quote:
Originally Posted by Ribos That said, if you have no prior investments, now would actually be a decent time to make some investments, due to the really low prices. | To tell you the truth, personally I think this is probably the -worst- time to get into the market. Nobody knows for sure what's going to happen. We could have hit rock bottom today; we could have just started a free fall. Unless you are willing to take the risk that you will -never- get any of the money back, then don't bother.
GM is an ok pick for stock at ~8.00 per share, but unless their business model turns around and the Volt catches on, they're doomed.
Last edited by kimcicle : 10-06-2008 at 03:57 PM.
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10-06-2008, 04:12 PM
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#12 | | This news are all fake news.
ranatalus is offline
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yeah, i agree with kim; it is likely a good idea to set aside some money at this time for possible investment later (once the market stablizes a little) but right now is not the best idea.
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Originally Posted by Heavy Metal Hero steve you are a pussy i straight everclear after smoking a pipe | | |
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10-06-2008, 04:12 PM
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#13 | | A CURSE CALLED AUTISM
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Is there anything that the common American people can do to stop the massive droppage? I'm not much of an economist major, so this question's just out there.
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10-06-2008, 04:16 PM
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#14 | | This news are all fake news.
ranatalus is offline
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Quote:
Originally Posted by Fred 00 Is there anything that the common American people can do to stop the massive droppage? I'm not much of an economist major, so this question's just out there. | as a whole, if people would actually continue to do things as they have always done (invest, buy material goods, etc) it would probably help at least a little. some of the current market problems are caused by people pulling all their money out very fast, which drives stock prices down
also, paying all your bills is a good idea, haha
other than that, not really.
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Originally Posted by Heavy Metal Hero steve you are a pussy i straight everclear after smoking a pipe | | |
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10-06-2008, 04:18 PM
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#15 | | I want to touch your soul
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Common people have literally no trust in the market at this point (why would they?) So effectively the only way to curb the market drop is to buy more stuff.
Unfortunately due to the falling value of the dollar it's hard to even do that.
Did anyone hear anything on the new North American standardized currency, the "Amero"?
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