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10-07-2008, 01:43 PM | #1 |
Scooby Specialist
Member#: 125463
Join Date: Sep 2006
Chapter/Region:
SCIC
Location: land of sucky sports teams
Vehicle:6002 |
Stock Market: DOWN! DOWN! DOWN! thats the only direction its going...
The markets are down AGAIN another 219 points as of now.
http://money.cnn.com/ After yesterday's 300+ point drop, this thing just keeps on nose diving. Especially whenever guys like Bernanke step on stage on start talking. http://money.cnn.com/2008/10/07/news...ex.htm?cnn=yes This jackass just spoke, you can see the video on the cnn front page. Wasnt the bailout supposed to restore confidence in the banking industry? The fed is going to cut interest rates some more. Easy fix. right? And one more little rant, i still dont understand why every news outlet keeps calling this bailout the "700 billion dollar bailout". Do they just ignore the fact that this bill was 850 billion, not 700 billion.
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10-07-2008, 01:44 PM | #2 |
Scooby Specialist
Member#: 87015
Join Date: May 2005
Location: Mos Eisley, TA 85022
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Shhhh.
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10-07-2008, 01:45 PM | #3 |
Scooby Guru
Member#: 124113
Join Date: Aug 2006
Chapter/Region:
NESIC
Location: Rich Coast
Vehicle:Pura vida! Yellow V standing by |
I am putting several thousand in tonight. I was waiting for the right time and for some funds to drop a bit further, and the time is now. Bargains galore!
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10-07-2008, 01:47 PM | #4 |
NASIOC Supporter
Member#: 9401
Join Date: Aug 2001
Chapter/Region:
NESIC
Location: Bis dat, qui cito dat...
Vehicle:. Truth is a pathless land... |
say hello to your brother for me...
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10-07-2008, 01:47 PM | #5 |
Scooby Newbie
Member#: 75880
Join Date: Nov 2004
Chapter/Region:
BAIC
Location: California
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Because the average American didn't know it changed, and they can relate to the 700 billion name. If cnn changes it, they might lose viewers because they are confused, or think cnn is saying it incorrectly.
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10-07-2008, 01:56 PM | #6 |
Scooby Specialist
Member#: 35675
Join Date: Apr 2003
Chapter/Region:
MWSOC
Location: Chicago
Vehicle:05 EVO8MR Apex Silver |
Name a few pleez! I got apple pretty cheap but want moar. I don't care if its long term, i know there is money to be made with all the cheap stocks.
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10-07-2008, 01:57 PM | #7 |
Scooby Newbie
Member#: 66341
Join Date: Jul 2004
Chapter/Region:
South East
Location: a fool's parade
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3 hunge plus
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10-07-2008, 01:59 PM | #8 | ||
Scooby Specialist
Member#: 125463
Join Date: Sep 2006
Chapter/Region:
SCIC
Location: land of sucky sports teams
Vehicle:6002 |
Quote:
Quote:
now is ze time! DJ down 300.... http://money.cnn.com/ |
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10-07-2008, 02:01 PM | #9 |
Scooby Newbie
Member#: 66341
Join Date: Jul 2004
Chapter/Region:
South East
Location: a fool's parade
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is this the thread we post in every time it drops more?
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10-07-2008, 02:01 PM | #10 |
Scooby Specialist
Member#: 700
Join Date: Jan 2000
Chapter/Region:
MAIC
Location: BANNED!
Vehicle:99 Impreza RS Silverthorn Metallic |
Buy BUY BUUUUYYYY!
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10-07-2008, 02:03 PM | #11 |
Scooby Specialist
Member#: 4429
Join Date: Feb 2001
Chapter/Region:
International
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10-07-2008, 02:07 PM | #12 |
Scooby Specialist
Member#: 11056
Join Date: Oct 2001
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TXIC
Location: Sugar Land, TX
Vehicle:2012 MB C250 CPO Black on Tan |
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10-07-2008, 02:11 PM | #13 |
Scooby Specialist
Member#: 125463
Join Date: Sep 2006
Chapter/Region:
SCIC
Location: land of sucky sports teams
Vehicle:6002 |
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10-07-2008, 02:16 PM | #14 |
Scooby Newbie
Member#: 93623
Join Date: Aug 2005
Location: Brian Fellow's Safari Planet
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10-07-2008, 02:18 PM | #15 |
Scooby Guru
Member#: 2973
Join Date: Nov 2000
Chapter/Region:
MWSOC
Location: Inverness, IL
Vehicle:2018 Camaro ZL1 1LE Red |
I made 12% yesterday, bought some more today, likely won't make as much today but by next week I expect to have made 10-15% off what I bought today.
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10-07-2008, 02:23 PM | #16 |
Scooby Specialist
Member#: 102287
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Tri-State
Location: Hawley, PA
Vehicle:2022 Nissan Frontier Green |
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10-07-2008, 02:28 PM | #17 | |
Scooby Guru
Member#: 124113
Join Date: Aug 2006
Chapter/Region:
NESIC
Location: Rich Coast
Vehicle:Pura vida! Yellow V standing by |
Quote:
PRASX (T Rowe Price New Asia) was a beyond belief performer last year with YTD returns ~70%. It went from about $14 to $22 in 2007 where I sold a bunch in December because even I know when to take a gain. It's now below $10. FJPNX (Fidelity Japan) hasn't been a great performer over the past few years, but at the same ~$9.50/sh, I am gonna pick a bunch up. |
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10-07-2008, 02:29 PM | #18 |
Scooby Specialist
Member#: 102287
Join Date: Dec 2005
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Tri-State
Location: Hawley, PA
Vehicle:2022 Nissan Frontier Green |
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10-07-2008, 02:31 PM | #19 |
Scooby Newbie
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Tri-State
Location: Northern NJ
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10-07-2008, 02:37 PM | #20 | |
Scooby Newbie
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MWSOC
Location: OH-IO
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Quote:
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10-07-2008, 04:19 PM | #21 |
Scooby Guru
Member#: 4418
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MWSOC
Location: NKY
Vehicle:2019 CTR White |
I fear nothing will work until all of the old management is phased out or changes their ways of conducting business (yeah right!).
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10-07-2008, 04:21 PM | #22 |
Scooby Newbie
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10-07-2008, 04:23 PM | #23 |
Sufficient for Sharky
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MAIC
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10-07-2008, 04:24 PM | #24 |
Scooby Newbie
Member#: 78760
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MWSOC
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Vehicle:the floor everybody walk the dinosaur |
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10-07-2008, 04:27 PM | #25 |
Scooby Specialist
Member#: 46134
Join Date: Oct 2003
Chapter/Region:
TXIC
Location: Ignoranimosity
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I don't think I will pick any up yet. The bottom hasn't been seen.
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