Congrats DOW!

[IHateMyJob2004]

DOW is set to open under 7000 today.

 

[DisgruntledVirus]

:thumbsup:




oh wait....

 

[CptCrunch]

err, that doesn't seem good at all...

 

[hiromizu]

ruh roh

 

[Triumph]

can we hit the bottom already so i can start buying again? i bought at around 8500, when the prophecies weren't nearly as bad. oh well, i have time to ride it out.

 

[sandmanwake]

Originally posted by: CptCrunch
err, that doesn't seem good at all...

Seems great for those of us not retiring for 30+ years or more.

 

[rasczak]

who's buying what?

 

[JMapleton]

I own VNO, because of a short squeeze and expiring options in March I personally think it's due for a huge rebound.

 

[CptCrunch]

Originally posted by: sandmanwake

Originally posted by: CptCrunch
err, that doesn't seem good at all...

Seems great for those of us not retiring for 30+ years or more.

i'm in that category, hooray me!

 

[sao123]

is it possible to buy just like 2 shares of stock and then sel lthem again?
Just looking to make a few bucks of petty cash?

 

[Genx87]

What, markets dont react well to govt expansion and 1.75 trillion dollar deficits? Say it aint so!

 

[Capt Caveman]

Originally posted by: sao123
is it possible to buy just like 2 shares of stock and then sel lthem again?
Just looking to make a few bucks of petty cash?

Yeah, but your transactions costs wouldn't make it worth while.

 

[jediphx]

welcome to the Obama "change" nation. I am so glad I did not drink the Koolaid and vote for that idiot. LOL for all the Bush haters who constantly said Bush lied they have gotten triple doses of that so far with this one LOL

 

[ivan2]

Originally posted by: Capt Caveman

Originally posted by: sao123
is it possible to buy just like 2 shares of stock and then sel lthem again?
Just looking to make a few bucks of petty cash?

Yeah, but your transactions costs wouldn't make it worth while.

unless it's BRK.A

 

[Miramonti]

Originally posted by: Genx87
What, markets dont react well to govt expansion and 1.75 trillion dollar deficits? Say it aint so!

:roll:

They don't react well to the largest banks around the world going bankrupt and others losing billions, not to mention the world economies collapsing. At this point, the so called govt expansion and record deficit is a symptom not a cause.

 

[dullard]

Originally posted by: sao123
is it possible to buy just like 2 shares of stock and then sel lthem again?
Just looking to make a few bucks of petty cash?

Yes. But the transaction fees will probably distroy your profit and in most cases will cause you to lose money even if the stock went up significantly. For example, suppose you were to buy two shares of $10 stock from a place that charges $7 a transaction (to both buy and sell). If the stock went up 50%, you'd gain $10 in stock price, but lose $14 in the transaction fees. Net loss would be $4.

Unless you are talking >$1000 buying stock is ususally not the best investment.

 

[boomerang]

A year from now, maybe two, or five, these will be the good old days.

 

[K1052]

Originally posted by: boomerang
A year from now, maybe two, or five, these will be the good old days.

That's a hell of a specific prediction. I'd like to subscribe to your newsletter.

 

[boomerang]

Originally posted by: K1052

Originally posted by: boomerang
A year from now, maybe two, or five, these will be the good old days.

That's a hell of a specific prediction. I'd like to subscribe to your newsletter.

Golly, I didn't know OT needed specifics. Does my post upset you, or are you just an ass?

 

[JMapleton]

Originally posted by: boomerang
A year from now, maybe two, or five, these will be the good old days.

Not even the Great Depression was that bad or lasted that long. 5 years from now we'll be in a bull market with the Dow over 10k again.

 

[K1052]

Originally posted by: boomerang

Originally posted by: K1052

Originally posted by: boomerang
A year from now, maybe two, or five, these will be the good old days.

That's a hell of a specific prediction. I'd like to subscribe to your newsletter.

Golly, I didn't know OT needed specifics. Does my post upset you, or are you just an ass?

It's a comment of so little use that I actually feel guilty of wasting electrons on this reply.

 

[Miramonti]

Originally posted by: JMapleton

Originally posted by: boomerang
A year from now, maybe two, or five, these will be the good old days.

Not even the Great Depression was that bad or lasted that long. 5 years from now we'll be in a bull market with the Dow over 10k again.

Its not going to happen that quick. Its probably not even going to hit its bottom for couple years and the climb from there will be very low and slow imo.

 

[JMapleton]

Originally posted by: jjsole

Originally posted by: JMapleton

Originally posted by: boomerang
A year from now, maybe two, or five, these will be the good old days.

Not even the Great Depression was that bad or lasted that long. 5 years from now we'll be in a bull market with the Dow over 10k again.

Its not going to happen that quick. Its probably not even going to hit its bottom for couple years and the climb from there will be very low and slow imo.

I like how people have opinions with no basis or qualification. They can just "feel it" or take the high route and pessimisticly guess.

 

[Blieb]

Originally posted by: jjsole

Originally posted by: JMapleton

Originally posted by: boomerang
A year from now, maybe two, or five, these will be the good old days.

Not even the Great Depression was that bad or lasted that long. 5 years from now we'll be in a bull market with the Dow over 10k again.

Its not going to happen that quick. Its probably not even going to hit its bottom for couple years and the climb from there will be very low and slow imo.

If we continue at this pace ... when we "hit bottom" ... we'll be at 0 ...

 

[Goosemaster]

*looks outside*

Hell fro...

:Q