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TranceAddict Forums > Local Scene Info / Discussion / EDM Event Listings > USA > USA - New York > World Stock Market in decline
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ReenTeenTeen
Space Kadet



Registered: Mar 2006
Location: Crooklyn, nYc "Tribal" Projects
Thumbs down World Stock Market in decline

what... were people just thinking that the Dollar will go down and the whole world will enjoy making jokes about it without there being any reciprocation's?

(here is a thread to talk about the subject so there wont be more of it in the 'Heath Ledger' thread)


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"Our music has no limit to it boundaries nor is there a difference in genre to identify it but as a work of art." - ReenTeenTeen
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Old Post Jan-23-2008 06:46 
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jerZ07002
Supreme tranceaddict



Registered: Dec 2006
Location:
Re: World Stock Market in decline

quote:
Originally posted by ReenTeenTeen
what... were people just thinking that the Dollar will go down and the whole world will enjoy making jokes about it without there being any reciprocation's?

(here is a thread to talk about the subject so there wont be more of it in the 'Heath Ledger' thread)


Oh man, it really sucks what happened to Heath Ledger.

Old Post Jan-24-2008 04:42  United States
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DJ_Lord
Bittersweet Symphony



Registered: Mar 2002
Location: Bella Vista

yeah i heard he died of depression or something like that ..on the other hand i and many people are making shitloads amount of cash in the market right now because of its volatility i hope it stays like this for a while hehehe you just gotta know where to stand... this is where boys get separated from men!

Old Post Jan-24-2008 05:04 
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Zack Roth
Supreme tranceaddict



Registered: Feb 2003
Location: .....
Re: Re: World Stock Market in decline

quote:
Originally posted by jerZ07002
Oh man, it really sucks what happened to Heath Ledger.


lol, you have problems...


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Old Post Jan-24-2008 05:06 
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jerZ07002
Supreme tranceaddict



Registered: Dec 2006
Location:

quote:
Originally posted by DJ_Lord
yeah i heard he died of depression or something like that ..on the other hand i and many people are making shitloads amount of cash in the market right now because of its volatility i hope it stays like this for a while hehehe you just gotta know where to stand... this is where boys get separated from men!


it's easy to be on the wrong side of that volatility. the big boys capitalize on leverage...not necessarily volatility. While ppl may be making money, many more are losing money. the dow is down more than 1000 in january, which translates into a market cap loss of billions of dollars. but you are right, volatility can be good. easy way to profit from it is to enter a straddle; then you don't care which way it goes.

Last edited by jerZ07002 on Jan-24-2008 at 05:35

Old Post Jan-24-2008 05:15  United States
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steven-neil
muppets for life



Registered: Dec 2006
Location: RI, FL, NYC

quote:
Originally posted by jerZ07002
many more are losing money.


fucking tell me about it..broke people dont realise how lucky they are to be broke..and homeless dudes are the luckiest people alive...


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Old Post Jan-24-2008 05:36  England
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jerZ07002
Supreme tranceaddict



Registered: Dec 2006
Location:

quote:
Originally posted by steven-neil
fucking tell me about it..broke people dont realise how lucky they are to be broke..and homeless dudes are the luckiest people alive...


true that...don't have to worry about losing shit if you don't have shit to lose. an envious position sometimes. sometimes i envy unemployed mofo's. i would love to lay on my ass for a few days without any responsibility. it would be a nice detour from reality.

Old Post Jan-24-2008 05:42  United States
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vtec junkie
slave to the dark beat



Registered: Oct 2002
Location: In the zone, chief

quote:
Originally posted by jerZ07002
true that...don't have to worry about losing shit if you don't have shit to lose. an envious position sometimes. sometimes i envy unemployed mofo's. i would love to lay on my ass for a few days without any responsibility. it would be a nice detour from reality.


the best three months of my life were spent being unemployed..........thanks to steven lol


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Old Post Jan-24-2008 05:58  United States
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Uncle ED
Supreme tranceaddict



Registered: Jan 2007
Location: Trance Land

quote:
Originally posted by steven-neil
fucking tell me about it..broke people dont realise how lucky they are to be broke..and homeless dudes are the luckiest people alive...

I heavily linked to the housing market, and Im getting Fucked daily...
How True your statements are Steven......Im ready to work on a fishing boat in Florida so I can be a lot more happy....


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Old Post Jan-24-2008 20:34  United States
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madhattared
Impeach.



Registered: Jun 2004
Location: Brooklyn

quote:
Originally posted by Uncle ED
I heavily linked to the housing market, and Im getting Fucked daily...
How True your statements are Steven......Im ready to work on a fishing boat in Florida so I can be a lot more happy....


Get out and stay out. Its only going to get worse. I know this isn't easy to do, but housing corrections last for years.


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Last edited by madhattared on Jan-25-2008 at 03:19

Old Post Jan-25-2008 03:10  United States
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steven-neil
muppets for life



Registered: Dec 2006
Location: RI, FL, NYC

quote:
Originally posted by Uncle ED
Im ready to work on a fishing boat in Florida so I can be a lot more happy....


I'm coming with you Ed...I got tennants in my Ft Lauderdale house until June..


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Old Post Jan-25-2008 03:14  England
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steven-neil
muppets for life



Registered: Dec 2006
Location: RI, FL, NYC

quote:
Originally posted by madhattared
Get out and stay out. Its only going to get worse.


What's the point in getting out now???...


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Old Post Jan-25-2008 03:17  England
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