Forums ›
Finance

"The Stock Market Discussion thread "Post all your thoughts on this recent volitality" in: Subjects › Discussion

  • filter:
  • Tell A Friend
  • Text Only
  • Search this Topic »
  • Classic
rated:
   posted: Feb. 27, 2007 @ 2:22p

too bad I missed the move. I could have made a killing shorting the futures.


rated:
   posted: Feb. 27, 2007 @ 2:23p

zzyzzx said:CoffeeEater said:I think its time to get out of stocks completely.

I think you need to do some reading about how stocks fared after the 1987 crash.

You're living in the past. It's 2007 now and stocks are taking a beating. I'm moving all my money to my GMAC account. 5% guaranteed. I don't have to deal with Dick Cheney or Chinese stock market. I get money credited every month. What's easier than that? Booyah!


rated:
   posted: Feb. 27, 2007 @ 2:23p

Crud! I can not even log into Fidelity. Site is having some serious issues. I was going to buy more stock


rated:
   posted: Feb. 27, 2007 @ 2:24p

jack07002 said:Today might go down as one of the top 3 worst days ever in terms of the market.

I feel bad for all the people who are losing thousands and thousands of dollors.
What's a dollor? And why is it bad to lose them?

Message edited by: scott1961 on 2007-02-27 14:27:11 CST
rated:
   posted: Feb. 27, 2007 @ 2:25p

Time to buy buy buy!


rated:
   posted: Feb. 27, 2007 @ 2:26p

Predictable decline after unsustainable gains this year - necessary to shake out the newbies who've been appearing here with questions like, "I want to get started investing in stocks...", "Can anyone tell me a good book about stock investing?", or, the best one, "Should I invest my B/T in mutual funds?" History tells us that "hand-wringers" and portfolio "micro-managers" have nearly always done far worse over time than "simple-minded" snoozers.


rated:
   posted: Feb. 27, 2007 @ 2:27p

Today is the 10th anniversary of the Southeast Asia Financial Crisis.


rated:
   posted: Feb. 27, 2007 @ 2:29p

Glad I got lazy and haven't yet put money into my Roth IRA for 2006 (or 2007).


rated:
   posted: Feb. 27, 2007 @ 2:31p

Goferebater said:Glad I got lazy and haven't yet put money into my Roth IRA for 2006 (or 2007).

Same here. My CD matures from a BT on 3/1/07 (already paid off BT) and I was going to use some of it to invest in a new fund. Looks like I lucked out.


rated:
   posted: Feb. 27, 2007 @ 2:32p

BUY!! BUY!! BUY!! When poor people panic, rich people buy. Market will be back to yesterday's levels in less than a month.


rated:
   posted: Feb. 27, 2007 @ 2:33p

Tank baby tank....I am praying it falls over 3000- 4000 points ...Yippiee...


rated:
   posted: Feb. 27, 2007 @ 2:37p

For some perspective: DJIA, currently at 12,249, has a 52-week low of 10,683.


rated:
   posted: Feb. 27, 2007 @ 2:38p

psychtobe said:jack07002 said:Today might go down as one of the top 3 worst days ever in terms of the market.

I feel bad for all the people who are losing thousands and thousands of dollors.

yeah, down 3%. veeeerry scaaarrry!!

What was the percentage crash in 1987? 30%? This is a minor selloff by comparison.

Message edited by: sfchris on 2007-02-27 14:38:20 CST
rated:
   posted: Feb. 27, 2007 @ 2:40p

sfchris said:What was the percentage crash in 1987? 30%? This is a minor selloff by comparison.

In 2007 dollars, the percentage would be about 5%. You need to adjust for inflation.


rated:
   posted: Feb. 27, 2007 @ 2:40p

Does anyone know wat happened at 2:50 EST? The Dow plunged, then recovered over a period of minutes...

http://finance.yahoo.com/charts#chart1:symbol=^dji;range=1d;indicator=volume;charttype=line;crosshair=on;logscale=on;source=undefined


rated:
   posted: Feb. 27, 2007 @ 2:42p

CoffeeEater said:sfchris said:What was the percentage crash in 1987? 30%? This is a minor selloff by comparison.

In 2007 dollars, the percentage would be about 5%. You need to adjust for inflation.

For your sake, I hope you are joking!!!


rated:
   posted: Feb. 27, 2007 @ 2:43p

CoffeeEater said:sfchris said:What was the percentage crash in 1987? 30%? This is a minor selloff by comparison.

In 2007 dollars, the percentage would be about 5%. You need to adjust for inflation.

What????

% drop is % drop.

This is a 3%-4% drop, 1987 was a 30% drop. You do not adjust for inflation. The only thing that is "inflated" is that a 500 pt drop is the end of the world. The Dow was at ~2000 points the last time it dropped 500. Now it is 12,000+.


rated:
   posted: Feb. 27, 2007 @ 2:43p

Do people think it will bounce back or continue declining tomorrow? Get out the magic-8 ball. I am gonna throw some money in, not sure if I should do it today or tomorrow.


rated:
   posted: Feb. 27, 2007 @ 2:46p

I'm predicting gradual sliding down for the rest of the week. But 6-12 months from now everyone on here is going to be bragging about how they got in next week.

Message edited by: verruckterBaum on 2007-02-27 14:47:04 CST
rated:
   posted: Feb. 27, 2007 @ 2:47p

CoffeeEater said:zzyzzx said:CoffeeEater said:I think its time to get out of stocks completely.

I think you need to do some reading about how stocks fared after the 1987 crash.

You're living in the past. It's 2007 now and stocks are taking a beating. I'm moving all my money to my GMAC account. 5% guaranteed. I don't have to deal with Dick Cheney or Chinese stock market. I get money credited every month. What's easier than that? Booyah!

Sell, Mortimer, Sell!


  • Quick Reply:  Have something quick to contribute? Just reply below and you're done! hide Quick Reply
    		 
     
    Click here for full-featured reply.


Disclaimer: By providing links to other sites, FatWallet.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to FatWallet.com.


While FatWallet makes every effort to post correct information, offers are subject to change without notice.
Some exclusions may apply based upon merchant policies.
© 1999-2010