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TranceAddict Forums > Other > Political Discussion / Debate > Any stock market investors?
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DJ Shibby
Amphoteric Superbase



Registered: Jul 2004
Location: Of Earthzen and the Therethen

I lost 12k today.

Not joking.

Good thing I'm not a materialistic pos.

Old Post Mar-01-2007 20:03  United States
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Fir3start3r
Armin Acolyte



Registered: Oct 2001
Location: Toronto, ON, Canada

Not to bust up a good thing here but how as the latest China crisis affected you guys?


___________________
"...End? No, the journey doesn't end here. Death is just another path...one that we all must take.
The grey rain-curtain of this world rolls back, and all change to silver glass...and then you see it...
...white shores...and beyond...the far green country under a swift sunrise."

Old Post Mar-01-2007 20:33  Canada
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Shakka
Supreme tranceaddict



Registered: Feb 2003
Location:

quote:
Originally posted by Fir3start3r
Not to bust up a good thing here but how as the latest China crisis affected you guys?


Dude...that's so Tuesday. Today is the yen carry trade getting unwound. Though in typical fashion, the market finds a way to inflict maximum pain so once everyone sells it goes right back up.

As for us, we've held our own this week I suppose. Got hit on Tuesday but made it all back on Wednesday. Today is basically flat. Fun times.

Old Post Mar-01-2007 20:37  United States
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Fir3start3r
Armin Acolyte



Registered: Oct 2001
Location: Toronto, ON, Canada

quote:
Originally posted by Shakka
Dude...that's so Tuesday.


True but I did ask in the past tense

Cool then.
The MSM of course making it out to be some 'Black Tuesday'

You 1/2 expect an asteroid to come hit Earth when you see stuff on their front pages...


___________________
"...End? No, the journey doesn't end here. Death is just another path...one that we all must take.
The grey rain-curtain of this world rolls back, and all change to silver glass...and then you see it...
...white shores...and beyond...the far green country under a swift sunrise."

Old Post Mar-01-2007 20:51  Canada
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Shakka
Supreme tranceaddict



Registered: Feb 2003
Location:

quote:
Originally posted by Fir3start3r
True but I did ask in the past tense


Touche!

quote:
Cool then.
The MSM of course making it out to be some 'Black Tuesday'

You 1/2 expect an asteroid to come hit Earth when you see stuff on their front pages...


People freak out when they see the kind of selling that happened the other day. THey realize they've been complacent and that the concept of risk got thrown out a long time ago. Oddly, I heard that the 400 point/3% decline we saw on Tuesday was as big in point magnitude as the hit that the market took in the crash of '87. The only exception is that back then it was a 20%+ hit.

Old Post Mar-01-2007 22:05  United States
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