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-- DOW below 10,000 for the first time in 4 years
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quote:

Originally posted by verndogs it's bargain hunting time

I don't know how many times I've heard this since July '07!

Dollar cost averaging helps spread your risk, plus perhaps buy a little extra on big down days (like today).

quote:

Originally posted by diggerz well, in the US (with such a potential and productive group of sectors - labour & service, technological, scientific et al) sustainable exponential growth is possible with moderate government intervention. what got the economy into this mess were not the decisions of 'regular' ordinary people with nine to five's, but of those who wanted to live 'beyond their means', and the banks and institutions who lent and borrowed excessive amounts of financial assests that in reality they couldn't afford. The economy is entering or has entered a 'recession' period, while there might not be exponential growth at least there will be 'some' growth. this economy is not coming down so easily, jason. your hopes of seeing america fail will not come to reality, at least not in my lifetime. that i assure you. there is no place like america...no place

where did i say i wanted to see america fail? It is not in the best interests of my wallet. You are coming to conclusions on my stance by reading into things that are not there.

as far as there being no place like america, i agree. (albeit maybe not for the same reasons and as a positive.) I have no hate for America, only disdain for policies that negatively affect people who are not citizens. This has absolutely 0 to do with the people of America (in general).

if sustainable exponential growth is indeed possible, i challenge you to find 1 instance of this happening in ANY country, at ANY time in history. Time travel is also possible. It just has never happened right?

I personally do not believe something to be possible until it has been proven and achieved at least once.

China

not really.

oh

their growth is too recent and there is absolutely no proof that the chinese economy will never stop growing.

well of course it has to slow down eventually

therefore making continuous exponential growth a phenomena that has not been achieved , and a possibility only to those who get greedy way beyond reasonable expectations.

china will implode eventually... all the polution and shit working conditions will backfire on them big time

quote:

Originally posted by Allied Nations china will implode eventually... all the polution and shit working conditions will backfire on them big time

And lack of water and incessant pollution of their water system are creating unsanitary water tables.

whats a water tablet?

quote:

Originally posted by Allied Nations whats a water tablet?

What are you on about?

quote:

Originally posted by gehzumteufel What are you on about?

lol water tables


i was like... water in pill form?

quote:

Originally posted by gehzumteufel What are you on about?

nice edits.

quote:

Originally posted by Allied Nations lol water tables i was like... water in pill form?

lol yeah.

quote:

Originally posted by elFreak nice edits.

haha I know.

quote:

Originally posted by elFreak can your home ec teacher make good cakes? also : hi krypton.

lol, that's not me..

I'm 21, studying financial analysis at a university, why the f*ck would I make my alt of me in high school?


HEY HS ECONOMIST! Yea, marketocracy, we've been doing that since July of 2007, you're already late to the game.

http://www.tranceaddict.com/forums/...7&forumid=66&s=

before I used to have open my yahoo stock portfolio(for fun). I would hit refresh a couple of times per day and see my stocks go up and down.

Well you can do that for the yahoo finance main page and see this article change each time.

This is for today
Breaking news 500 points down
Breaking news 600 points down
Breaking news 700 points down
Breaking news 800 points down

I am afraid to refresh it again

I guess NY better break out the bridge and LIRR patrol in the upcoming weeks because its going to get messy(don't take this seriously unless you lost it all)

An article I read has this quote I forgot but it said "All this feels like a very bad night in Vegas but without the marriage"

edit: refreshed and just changed to 500

quote:

Originally posted by Trancealot edit: refreshed and just changed to 500

It's a good day on the .DJI! We're only down a shade over 400 now!

quote:

Originally posted by Trancealot before I used to have open my yahoo stock portfolio(for fun). I would hit refresh a couple of times per day and see my stocks go up and down. Well you can do that for the yahoo finance main page and see this article change each time. This is for today Breaking news 500 points down Breaking news 600 points down Breaking news 700 points down Breaking news 800 points down I am afraid to refresh it again I guess NY better break out the bridge and LIRR patrol in the upcoming weeks because its going to get messy(don't take this seriously unless you lost it all) An article I read has this quote I forgot but it said "All this feels like a very bad night in Vegas but without the marriage" edit: refreshed and just changed to 500

Doesn't this make you feel warm and fuzzy inside?

Market Meltdown: Dow Plunges 500 Points to Below 10,000 Amid Global Sell-off- AP

It's very hyped up. It's not the end of the world dammit. WTF is wrong with them?!

Bush's fault.

quote:

Originally posted by Krypton Doesn't this make you feel warm and fuzzy inside? Market Meltdown: Dow Plunges 500 Points to Below 10,000 Amid Global Sell-off- AP It's very hyped up. It's not the end of the world dammit. WTF is wrong with them?!

Well the major indices recovered a great deal towards the end of the trading session but the last few months we've experienced some of the biggest shifts in these since they were established.

Major indices in Brazil and Canada were down over 10% at one stage. If that were to happen in the US the NYSE would be on the edge of halting trading.

Ok, everyone listen up.

SHUT THE FUCK UP

Krypton, you are a fucking college student. Stop acting as if 1 semester of ECON-101 makes you an economics expert.

Arbiter, I won't even bother explaining why you should shut the fuck up. But I'll say, comparing this situation to 4 years ago is completely fucking retarded. If I recall correctly, there wasn't a near-1-trillion dollar bailout and congressional martial law. You need to make like Christopher Reeves and get off your high horse.

Everyone, before you decide to give your "educated" opinion on this economic CRISIS, list some fucking sources. YOUR opinion is not educated enough, no matter how many semesters at university you've taken. Come back in 30 years when you are writing for a Market or economics magazine and giving an opinion which isn't smug college-level ECON-101 bullshit.

SO GET THE FUCK OUT

Ban plz?

quote:

Originally posted by idoru Ban plz?

Butthurt because i'm right.

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