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TranceAddict Forums > Main Forums > Chill Out Room > Dow Drops 778 points!! Biggest drop in the History!
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fbgdavidson
Supreme tranceaddict



Registered: Apr 2004
Location: New York, NY

If you want to buy in read about dollar cost averaging. At the end of summer '07 it was supposedly a good time to buy in, well after the ^DJI had taken a 1000pt hit it looked good, now it doesn't.

Drip feed over time and diversify instead, you won't take it up the ass so bad.

quote:
Originally posted by coolestrl
worst thing is u cant short sell at the moment as its banned


Not it isn't. Only on certain financials.


___________________
quote:
Originally posted by Brizzo
"It's all gone Pete Tong" is actually a phrase in Europe, England I believe. Pretty sure that's where Pete Tong got his DJ name from as well.


The infamous Rojam ID. 14 years, 9 months and counting...

Old Post Sep-30-2008 17:42  United Kingdom
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Krypton
83.798 g/6.022x10^23



Registered: Nov 2003
Location: Texas

quote:
Originally posted by Trancealot
so who decided to buy WB(Wachovia)
Last night down 80%. Today up 60%

As a quote I heard: Stocks are on sale right now.


They are getting bought out by Citigroup.


___________________

Old Post Sep-30-2008 17:47  Korea-Democratic Peoples Republic
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fbgdavidson
Supreme tranceaddict



Registered: Apr 2004
Location: New York, NY

quote:
Originally posted by Trancealot
so who decided to buy WB(Wachovia)
Last night down 80%. Today up 60%

As a quote I heard: Stocks are on sale right now.


Companies that go down the shitter always react like this. It's called 'dead cat bounce'.


___________________
quote:
Originally posted by Brizzo
"It's all gone Pete Tong" is actually a phrase in Europe, England I believe. Pretty sure that's where Pete Tong got his DJ name from as well.


The infamous Rojam ID. 14 years, 9 months and counting...

Old Post Sep-30-2008 17:49  United Kingdom
Click Here to See the Profile for fbgdavidson Click here to Send fbgdavidson a Private Message Add fbgdavidson to your buddy list Report this Post Reply w/Quote Edit/Delete Message

TranceAddict Forums > Main Forums > Chill Out Room > Dow Drops 778 points!! Biggest drop in the History!
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