![]() |
| |||||||
![]() |
| | LinkBack | Thread Tools | Display Modes |
| | #16 |
| \m/ ![]() Join Date: Feb 2004 Age: 40
Posts: 73,204
| Re: Dow Death Watch |
| | |
| Advertisements |
| | #17 |
| Franchise Player Join Date: Feb 2004 Age: 34
Posts: 8,317
| Re: Dow Death Watch Huge bump today. We're still off the high by about 5,000 points, but it's a nice start. |
| | |
| | #18 |
| Living Legend Join Date: Jun 2004 Location: Springfield, VA Age: 30
Posts: 15,644
| Re: Dow Death Watch there might be a lower total global de facto credit cap after this thing (more conservative use of lending money and thus less total lent value). that said, this could just be a bear market run up with profit takers tomorrow... we'll have to see.
__________________ Who says shameless self promotion is stupid? oh yeah, that was me... Click For Tunes! |
| | |
| | #20 |
| Eternally Legendary ![]() Join Date: Feb 2004 Location: Seattle Age: 33
Posts: 9,738
| Re: Dow Death Watch Of course, it's gains skimming time. It's going to be up and down, up and down for a while.
__________________ RG3, RGIII, RG三, RG३, RGγʹ, RGג, RG٣, RG๓, RG..., RG셋, RGԳ! |
| | |
| | #21 |
| Living Legend ![]() Join Date: Oct 2004 Location: chesapeake, va Age: 49
Posts: 15,282
| Re: Dow Death Watch Well I hope I caught one stock at its lowest as I took some money and purchased few hundred shares. Right now its up about $7.00 from when I purchased. |
| | |
| | #22 |
| Franchise Player Join Date: Feb 2004 Age: 34
Posts: 8,317
| Re: Dow Death Watch |
| | |
| | #23 |
| RG Glee Join Date: Feb 2005 Location: Newtown Square, PA Age: 33
Posts: 7,918
| Re: Dow Death Watch The stock market historically has gotten extremely volatile leading up to a prolonged boom. You'll see huge swings one direction or another, but as you guys are saying, it inevitably turns back up. When is the question. Wish I knew, because I'd have a crystal ball and would be a billionaire. |
| | |
| | #24 |
| The Starter Join Date: Oct 2004
Posts: 2,351
| Re: Dow Death Watch What's the old saying...buy when there is blood in the streets. Well, we might be close. |
| | |
| | #25 |
| \m/ ![]() Join Date: Feb 2004 Age: 40
Posts: 73,204
| Re: Dow Death Watch Looks like another wild ride today, the Dow is up 400 right now. |
| | |
| | #26 |
| \m/ ![]() Join Date: Feb 2004 Age: 40
Posts: 73,204
| Re: Dow Death Watch I saw something the other night that showed how wild the Dow swung during the depression. Some of the highest single day gains in history came during that time. |
| | |
| | #27 |
| \m/ ![]() Join Date: Feb 2004 Age: 40
Posts: 73,204
| Re: Dow Death Watch Buffett says it's time to buy: Buffett says he's buying U.S. stocks: report | Reuters I like his take on the current situation: "A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful." |
| | |
| | #28 | |
| The Starter Join Date: Aug 2004 Location: The Southeast Age: 29
Posts: 2,119
| Re: Dow Death Watch Quote:
It's important to keep in mind, however, that just because prices overall are down doesn't mean that your average Joe (I suppose that's Joe Plumber now) should go dropping coin willy-nilly on any stock that strikes his fancy. I would highly recommend reading Graham's method of value investing is tough to do in the modern era (even as devalued as things are lately), but his principles behind investigating a company thoroughly before investing are just as valid today as they were 30-40 years ago. His perspective on the market is fascinating too and really comforting I found given the breadth of his experience. The distinction between investing and speculating couldn't be more important, and Graham defines it perfectly. What's going on in the markets for the the past 10 years is pure, unadulterated speculation, not "intelligent investing."
__________________ Your post count, reputation score, popularity ranking, VIP tag or funny signature has no bearing on how I value you as an individual. | |
| | |
| | #29 |
| \m/ ![]() Join Date: Feb 2004 Age: 40
Posts: 73,204
| Re: Dow Death Watch |
| | |
| | #30 |
| Playmaker Join Date: Feb 2007 Location: Virginia Beach
Posts: 4,202
| Re: Dow Death Watch Uh oh, here we go again (I hope not) Dow Drops 998 Before Halving Losses - FOXBusiness.com Dollar up, unemployment down, good signs though.
__________________ ...[If] an angel fairy came down and said, '[You can have anything]....you would like to own,' I wouldn't be surprised if you said a football club and particularly the Washington Redskins.'' — Jack Kent Cooke, 1996. |
| | |
![]() |
| Bookmarks |
| Thread Tools | |
| Display Modes | |
| |