Stock Market

#1 10-07-2008, 10:26 PM

Quote:

Originally Posted by hi_im_god

i dog piled.

and i'm not ashamed. what was i supposed to do?

treat idiotic posts with respect? weigh them the same as ones with some actual thought behind them?

i appreciate the effort to defend a wounded animal. but not even people who agree with him didn't wanted him on their side.

it wasn't the content of the itty bitty teeny weenie thought expressed. it was the monosyllabic delivery.

Yes but your dogpile is respected.
At least you can think.
Illinformed (ignorant) posters who dogpile are
a nuisance.
And they can be azzholes.

MaTH716 · #2 10-09-2008, 04:10 PM

-678.91 under 8600.
It is going from bad to worse.

ALostTexan · #3 10-09-2008, 05:11 PM

Quote:

Originally Posted by MaTH716

-678.91 under 8600.
It is going from bad to worse.

...and really no end in sight...

Payson Dave · #4 10-09-2008, 05:17 PM

Quote:

Originally Posted by ALostTexan

...and really no end in sight...

another 8500 points or so and the end will be in sight

#5 10-09-2008, 07:07 PM

This is extraordinary.

Is it time
to get in, in a big way...

*cue drumming of fingers*

Cajungator26 · #6 10-09-2008, 08:29 PM

Quote:

Originally Posted by pgardn

This is extraordinary.

Is it time
to get in, in a big way...

*cue drumming of fingers*

I did.

Selling low is pretty stupid IMO.

#7 10-09-2008, 08:36 PM

Quote:

Originally Posted by Cajungator26

I did.

Selling low is pretty stupid IMO.

Some people have to sell.
I feel bad for them.

Fortunately some of us are not in that situation.

#8 10-09-2008, 08:38 PM

Quote:

Originally Posted by Cajungator26

I did.

Selling low is pretty stupid IMO.

You are also assuming its low.
It seems low to me. But like the others
posted the bottom is still visible.

Payson Dave · #9 03-06-2009, 08:34 AM

Quote:

Originally Posted by Payson Dave

another 8500 points or so and the end will be in sight

we are getting there....only another 6500 or so points to go..

MaTH716 · #10 10-09-2008, 07:27 PM

Quote:

Originally Posted by ALostTexan

...and really no end in sight...

You are so right. There is absolutley no reason to buy right now. Why try to catch a falling knife? It is a very scary thought that banks might be going out of buisness. Not to mention companies like Ford or GM. People talk about recession, we are way past that. Depression is right around the corner.

Cajungator26 · #11 10-09-2008, 08:30 PM

Quote:

Originally Posted by MaTH716

You are so right. There is absolutley no reason to buy right now. Why try to catch a falling knife? It is a very scary thought that banks might be going out of buisness. Not to mention companies like Ford or GM. People talk about recession, we are way past that. Depression is right around the corner.

Please don't be ignorant ... it is this kind of thinking that CAUSES this. The market is on sale right now ... NOW is the time to buy if you have the funds to do so.

MaTH716 · #12 10-09-2008, 08:36 PM

Quote:

Originally Posted by Cajungator26

Please don't be ignorant ... it is this kind of thinking that CAUSES this. The market is on sale right now ... NOW is the time to buy if you have the funds to do so.

Why do you think it is time to buy?

#13 10-09-2008, 08:40 PM

Invest in hookers.

Cajungator26 · #14 10-09-2008, 08:44 PM

Quote:

Originally Posted by MaTH716

Why do you think it is time to buy?

Because you're getting great prices on great companies ...

Not that I can compare this to the Great Depression at this point, but most of those that bought during those times came out on top after it was all said and done. Do you not agree? I understand that there are those that absolutely HAVE to sell right now and can't afford to invest, but if you can, you should. People that are bailing on the market because of what they are hearing by the media are not fully informed and they are actually assisting in causing this mess. One has to have faith that we WILL pull out of this ... obviously this is a speculative way of thinking, but aren't most of us on here gamblers by nature???

2MinsToPost · #15 10-09-2008, 08:38 PM

Quote:

Originally Posted by Cajungator26

Please don't be ignorant ... it is this kind of thinking that CAUSES this. The market is on sale right now ... NOW is the time to buy if you have the funds to do so.

Yup, I did. You can get a lot with a little right now and make a ton later cause anybody with any sense knows that sooner or later this will turn around.

I have been responsible with my money and credit over the past few years, shame on me. Shame on those who bought homes they would never afford as well as credit lines, etc etc and the banks that made it happen.

Danzig · #16 10-09-2008, 11:17 PM

Quote:

Originally Posted by Cajungator26

Please don't be ignorant ... it is this kind of thinking that CAUSES this. The market is on sale right now ... NOW is the time to buy if you have the funds to do so.

it's not time to buy if the market hasn't finished falling yet. of course it depends on what individual stocks you're looking at. i sure as hell wouldn't buy into any automotive companies right now for example.

dalakhani · #17 10-09-2008, 11:50 PM

Quote:

Originally Posted by Cajungator26

Please don't be ignorant ... it is this kind of thinking that CAUSES this. The market is on sale right now ... NOW is the time to buy if you have the funds to do so.

I have been hearing all summer how the "market is on sale". What is "on sale" anyway? Does that mean that it is at a discount to its previously overinflated price? I remember when the tech stocks crashed in the early part of the decade and everyone spoke of how they were " on sale". Man, thats a long sale because many of those stocks never recovered. I know- you can pick out a handful that flourished as you can in any market. But if you invested in tech when it FIRST started to crash in 2000, you are sitting on a big fat stinking pile of RED right now.

You say "now is the time to buy". Okay...give me five stocks to buy RIGHT NOW. You may be right and if so you get all the credit.

Personally, I am not good enough to pick out 5 stocks right now.

#18 10-09-2008, 11:54 PM

Quote:

Originally Posted by dalakhani

I have been hearing all summer how the "market is on sale". What is "on sale" anyway? Does that mean that it is at a discount to its previously overinflated price? I remember when the tech stocks crashed in the early part of the decade and everyone spoke of how they were " on sale". Man, thats a long sale because many of those stocks never recovered. I know- you can pick out a handful that flourished as you can in any market. But if you invested in tech when it FIRST started to crash in 2000, you are sitting on a big fat stinking pile of RED right now.

You say "now is the time to buy". Okay...give me five stocks to buy RIGHT NOW. You may be right and if so you get all the credit.

Personally, I am not good enough to pick out 5 stocks right now.

campbell soup
dollar general
family dollar
big lots
brown-forman

but still wouldn't risk it