How much will it go down?? Stocks dropping fast!

Toggle sidebar Toggle sidebar
rudder

rudder

Lifer
Nov 9, 2000
19,441
86
91
Why do people feel a need to sell all their stocks?

They are looking out for number one.
 
U

Unclemo

Banned
Apr 1, 2000
967
0
0
SUCKS TO BE ME... SOLD CALLS TO PROTECT MYSELF THIS MORNING AND MY STOCK IS NOW UP A BUCK. CRAP:|
 
S

ShadowHunter

Banned
Aug 27, 2001
1,793
0
0


<< SUCKS TO BE ME... SOLD CALLS TO PROTECT MYSELF THIS MORNING AND MY STOCK IS NOW UP A BUCK. CRAP >>



Serves ya right for bailing on the American economy buddy!
 
J

jehh

Banned
Jan 16, 2001
3,576
0
0
I'm down about $1,500 right now, that sucks...

Still, not as bad as it could have been, I'm well placed in stocks to protect myself... I've actually got a few that are up today. :)

I cannot believe GE is down 11%, ouch... Must be fear over their aircraft engine business...

Just bought some more GE, at $35 it is a steal!

Jason
 
J

jehh

Banned
Jan 16, 2001
3,576
0
0
Of course, while I just made $20 on GE, I've lost $200 today on SouthWest...

Bought them just two weeks ago... Talk about bad timing... Still, I almost bought some Boeing at the time, and didn't... Whew... (wipes brow)

Jason
 
B

Balt

Lifer
Mar 12, 2000
12,673
482
126
<<Serves ya right for bailing on the American economy buddy!>>

LOL :D :D :D


Way to tell him! :D :D :D

 
GasX

GasX

Lifer
Feb 8, 2001
29,033
6
81
The bottom line is that there just aren't many people buying today. That may change tomorrow as people see on the news tonight what happened today.
 
J

jehh

Banned
Jan 16, 2001
3,576
0
0
yea, that is why I added 20% to my portfolio, and even went slightly over my current cash position and bought about $2,000 worth on margin...

I expect that within a month that will be covered back into cash with the bounce...

If not, oh well, I've got other cash reserves so I'm not going to starve. :)

PS. to anyone thinking about buying stocks, don't ever spend rent money and have your bills paid up, 6 months cash reserve, and no debt other than house/car payment... if you owe money on credit cards, pay them off first, best money you can make...
 
C

CocaCola5

Golden Member
Jan 5, 2001
1,599
0
0
It would not suprise me if the Dow falls below 6000 by the end of this month and 5000 by years end.
 
C

cnwk64

Banned
Jul 18, 2001
402
0
0
Update at 2:58
Dow down 676
and Nasdaq 112
hard to know which way tomorrow will go. all big Corps are talking about buy back some of their stock, but at this economic, who got money to buy it back?
 
P

Pocatello

Diamond Member
Oct 11, 1999
9,754
2
76
I think we're heading toward a recession. The government is going spend a lot of money, and nobody is complaining about using up the SS trust fund.
 
S

Sugadaddy

Banned
May 12, 2000
6,495
0
0


<< It would not suprise me if the Dow falls below 6000 by the end of this month and 5000 by years end. >>




You're joking, right? :confused:
 
Michael

Michael

Elite member
Nov 19, 1999
5,435
234
106
This was the biggest point drop in history, but not even close to the biggest percentage drop.

Rank Date Percentage loss Point loss
1. Oct. 19, 1987 -22.61 -507.99
2. Oct. 28, 1929 -13.47 -40.58
3. Dec. 18, 1899 -11.99 -7.94
4. Oct. 29, 1929 -11.73 -30.57
5. Oct. 5, 1931 -10.74 -10.40
Sept. 17, 2001 -7.13 -684.81

(from MSNBC)

Michael
 
C

CocaCola5

Golden Member
Jan 5, 2001
1,599
0
0


<<

<< It would not suprise me if the Dow falls below 6000 by the end of this month and 5000 by years end. >>




You're joking, right? :confused: >>








No. This is just my personal view of course.
 
P

PlatinumGold

Lifer
Aug 11, 2000
23,168
0
71
no way it drops to 5000. my personal opinion, based on very little real evidence is that the dow won't fall below 8000. i've been telling 8000 is a more realistic value for the dow to everyone i know for about 8 months now, so it would be interesting if that's where it bottomed out. of course i'm hoping it won't fall that far.
 
You must log in or register to reply here.

TRENDING THREADS

COMPANY
RESOURCES
FOLLOW
Top Bottom