Casper Posted August 8, 2011 Report Share Posted August 8, 2011 Down over 300pts right now. Ouch. Hopefully there's an afternoon rally and some of those loses are regained. Quote Link to comment Share on other sites More sharing options...
Casper Posted August 8, 2011 Author Report Share Posted August 8, 2011 Down almost 400pts now. Quote Link to comment Share on other sites More sharing options...
Meanie Posted August 8, 2011 Report Share Posted August 8, 2011 The President is talking, so of coarse there will be a rally at the close... Quote Link to comment Share on other sites More sharing options...
OSUYZFR1 Posted August 8, 2011 Report Share Posted August 8, 2011 Been watching this closely today. Big sale on Wall St. today. Quote Link to comment Share on other sites More sharing options...
Casper Posted August 8, 2011 Author Report Share Posted August 8, 2011 The President is talking, so of coarse there will be a rally at the close...President finished talking, marked drops -443.81. Can we just go ahead and call a do-over? We need to go ahead and get a new president/congress in now. Quote Link to comment Share on other sites More sharing options...
Casper Posted August 8, 2011 Author Report Share Posted August 8, 2011 -481.88Any bets one if we'll see sub 10k this week? Quote Link to comment Share on other sites More sharing options...
Casper Posted August 8, 2011 Author Report Share Posted August 8, 2011 -500.54 Quote Link to comment Share on other sites More sharing options...
Casper Posted August 8, 2011 Author Report Share Posted August 8, 2011 -522.29 Quote Link to comment Share on other sites More sharing options...
Casper Posted August 8, 2011 Author Report Share Posted August 8, 2011 -544.96And it just keeps dropping... Quote Link to comment Share on other sites More sharing options...
Casper Posted August 8, 2011 Author Report Share Posted August 8, 2011 -603.96 Quote Link to comment Share on other sites More sharing options...
Disclaimer Posted August 8, 2011 Report Share Posted August 8, 2011 I <3 Republicans.http://videocafe.crooksandliars.com/heather/maddow-if-we-take-sp-their-word-downgrade- Quote Link to comment Share on other sites More sharing options...
Casper Posted August 8, 2011 Author Report Share Posted August 8, 2011 I <3 Republicans.http://videocafe.crooksandliars.com/heather/maddow-if-we-take-sp-their-word-downgrade- Quote Link to comment Share on other sites More sharing options...
Meanie Posted August 8, 2011 Report Share Posted August 8, 2011 475Told ya the Presidents speech would work. Just needed a little time to sink in.Can you sense the sarcasm in that statement, or do I need to hit you over the head with it? Quote Link to comment Share on other sites More sharing options...
Casper Posted August 8, 2011 Author Report Share Posted August 8, 2011 -595.52Damn... Quote Link to comment Share on other sites More sharing options...
Casper Posted August 8, 2011 Author Report Share Posted August 8, 2011 -624.43 Quote Link to comment Share on other sites More sharing options...
ReconRat Posted August 8, 2011 Report Share Posted August 8, 2011 Notice that this Monday that the Fannie Mae and Freddie Mac were downgraded, and hints about downgrading France and Britain were announced. Stay tuned for more...More would be the 10 billion lawsuit against Bank of America for being greedy. Quote Link to comment Share on other sites More sharing options...
attentiongetter92 Posted August 8, 2011 Report Share Posted August 8, 2011 No idea what in the hell is going on but the news just said that wall street closed(I know that's bad). Quote Link to comment Share on other sites More sharing options...
Casper Posted August 8, 2011 Author Report Share Posted August 8, 2011 No idea what in the hell is going on but the news just said that wall street closed(I know that's bad).They close every day at 4p. The bad part is that DJI closed at down 634.76pts. That's real bad. Quote Link to comment Share on other sites More sharing options...
serpentracer Posted August 8, 2011 Report Share Posted August 8, 2011 (edited) I guess people are going to have to get real jobs now....honestly though, the average joe has no business investing in the stock market anyway. you're not making much money unless you dump 50-60k into it. Edited August 8, 2011 by serpentracer Quote Link to comment Share on other sites More sharing options...
c7fx Posted August 8, 2011 Report Share Posted August 8, 2011 everything is on sale time to buy Quote Link to comment Share on other sites More sharing options...
OSUYZFR1 Posted August 9, 2011 Report Share Posted August 9, 2011 Not true. You have to start somewhere. My first trade 10yrs ago was only for 400.00. Tripled it up and went from there. honestly though, the average joe has no business investing in the stock market anyway. you're not making much money unless you dump 50-60k into it. Quote Link to comment Share on other sites More sharing options...
Josh1234 Posted August 9, 2011 Report Share Posted August 9, 2011 I dabbled and bought apple at $120 a couple of years ago. $1,000 bought me 8 shares. It closed at $353 today (Down $20) Quote Link to comment Share on other sites More sharing options...
2talltim Posted August 9, 2011 Report Share Posted August 9, 2011 Im afraid to check my 401k...that was going to be my new bike loan fund for next year Quote Link to comment Share on other sites More sharing options...
2talltim Posted August 9, 2011 Report Share Posted August 9, 2011 Im afraid to check my 401k...that was going to be my new bike loan fund for next yearDamn it I had to look..down 2%..that's about $600 Quote Link to comment Share on other sites More sharing options...
ReconRat Posted August 9, 2011 Report Share Posted August 9, 2011 (edited) Well, it's Tuesday morning @ 6:30am, and the Asian and European markets are already down as much as they were yesterday. It looks like a rough week ahead. I'm just hoping it's not a rough month/year/decade/century.Example: The European DAX was a 9.36% drop on Monday. DAX dropped 9.46% in the first hour on Tuesday. This is panic selling. It's recovered a little already.edit: European market actually showing a recovery early on, for the losses on Tuesday. Asian market, no. Edited August 9, 2011 by ReconRat Quote Link to comment Share on other sites More sharing options...
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