molson_golden2002 Posted October 9, 2008 Share Posted October 9, 2008 Nice try. You did say it. Come on, just own up to it, Hypocrite. LOL, ya, and Obama is a radical terrorists who is also a socialist and hates America Link to comment Share on other sites More sharing options...
erynthered Posted October 9, 2008 Share Posted October 9, 2008 I have to say that was a pretty fukkin good prediction. Will the Bills win the Super Bowl in the next 4 years? I always knew you were a moron, this just confirms it. Its an EDIT DIPSHIIT!!! Christ. Link to comment Share on other sites More sharing options...
John Adams Posted October 9, 2008 Share Posted October 9, 2008 I have to say that was a pretty fukkin good prediction. Will the Bills win the Super Bowl in the next 4 years? Check back in 5 years for that prediction. Link to comment Share on other sites More sharing options...
John Adams Posted October 9, 2008 Share Posted October 9, 2008 I always knew you were a moron, this just confirms it. Its an EDIT DIPSHIIT!!! Christ. Back to the Catholic thread for you blasphemer. Link to comment Share on other sites More sharing options...
Chef Jim Posted October 9, 2008 Share Posted October 9, 2008 One of the reasons why the market is tanking is because of the irrational actions of investors. Much of the short term movement in the market, whether bearing or bullish, is due to emotional investing. The reason the tech market surged in the late 90's was due to greed, people needing to get in. When the tech house of cards was revealed people had to get out taking the whole tech sector with it, including good companies (Amazon, Ebay, Google, Yahoo etc) that still exist today. The quick selloff we've seen the past couple of weeks is due, in part, to panicked investors, acting on the emotional need to get out at any cost. What will stabilize this? Rational institutional investors that are going to swoop in and pick up the pieces of good quality companies that have been beaten down by this fear. Don't get me wrong, there are issues that need fixing but we are far from Armageddon. Link to comment Share on other sites More sharing options...
John Adams Posted October 9, 2008 Share Posted October 9, 2008 Jim's right, we're not at Armageddon. It used to be that when the Dow was down 1%, I lost $10,000. Now when the Dow is down 1%, I'm only out a grand. In some way, that's reassuring. Link to comment Share on other sites More sharing options...
Chef Jim Posted October 9, 2008 Share Posted October 9, 2008 Jim's right, we're not at Armageddon. It used to be that when the Dow was down 1%, I lost $10,000. Now when the Dow is down 1%, I'm only out a grand. In some way, that's reassuring. I heard that someone said if we continue this way the Dow will be down to zero in 19 days, check that 18 days. So we'll all be even and as Alex Trebek says "time to start rebuilding." Dow Death Watch T minus 18.............. Link to comment Share on other sites More sharing options...
erynthered Posted October 9, 2008 Share Posted October 9, 2008 Jim's right, we're not at Armageddon. It used to be that when the Dow was down 1%, I lost $10,000. Now when the Dow is down 1%, I'm only out a grand. In some way, that's reassuring. I was talking to one of the IT dudes here at work, he told me his 401 was down 32% this year. As I was walking away he started chewing on his blackberry. Link to comment Share on other sites More sharing options...
John Adams Posted October 9, 2008 Share Posted October 9, 2008 Can we just close the NYSE at 2pm every day? It's the 2-4 traders that keep doing this. Morons. Link to comment Share on other sites More sharing options...
Chef Jim Posted October 9, 2008 Share Posted October 9, 2008 Can we just close the NYSE at 2pm every day? It's the 2-4 traders that keep doing this. Morons. What are you talking about. It closes at 1:00pm everyday. Link to comment Share on other sites More sharing options...
meazza Posted October 9, 2008 Share Posted October 9, 2008 I heard that someone said if we continue this way the Dow will be down to zero in 19 days, check that 18 days. So we'll all be even and as Alex Trebek says "time to start rebuilding." Dow Death Watch T minus 18.............. Exactly. At zero dollars, most of those stocks will be undervalued. Link to comment Share on other sites More sharing options...
DC Tom Posted October 9, 2008 Share Posted October 9, 2008 Can we just close the NYSE at 2pm every day? It's the 2-4 traders that keep doing this. Morons. Why? I LOVE the 2 o'clock panic. Best part of my day, watching traders liquidate the exact same positions they're going to establish the following morning. Link to comment Share on other sites More sharing options...
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