Market is crashing

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redgtxdi

Diamond Member
Jun 23, 2004
5,464
8
81
Ahhhhhhhhhhh.............what a time to be droppin' in $$$ overnight on a prescheduled buy!!!!!! :D



Let the window-jumping begin........(grabs lawnchair & popcorn) :cool:


P.S. And, yes, that last 200pts drop from 300 to 500 happened like REALLY quickly!!
 

AnyMal

Lifer
Nov 21, 2001
15,780
0
76
It's a combination of the China's market implosion, plus ccomments made by Greenspan yesterday predicting a recession.
 

Queasy

Moderator<br>Console Gaming
Aug 24, 2001
31,796
2
0
Originally posted by: NFS4
Maybe it's b/c Dick Cheney nearly got offed :D

I think it's because the market realized how much energy the Gore-acle eats up by himself.
 

jpeyton

Moderator in SFF, Notebooks, Pre-Built/Barebones
Moderator
Aug 23, 2003
25,375
142
116
What goes up must come down.
 

Vic

Elite Member
Jun 12, 2001
50,422
14,337
136
It's only a roughly 3% drop across the markets, so it's hardly the end times. In the meantime, bonds are booming! I'd say the Feds won't be raising rates this year. So look to low rates this year with good buying opportunities coming up. My favorite. You can't buy low and sell high if prices are always high and keep getting higher.
 

Vic

Elite Member
Jun 12, 2001
50,422
14,337
136
Now at -368 and rising with a massive spike in volume. I'd say a few billion just changed hands in the last hour. Some suckers got played, that's for sure.
 

Vic

Elite Member
Jun 12, 2001
50,422
14,337
136
Originally posted by: Cal166
Originally posted by: KLin
It's gaining ground now.
Looks nice, wonder if i should purchase some stocks while it's so low...
If you have to wonder, that's cause you already missed it.
 

redgtxdi

Diamond Member
Jun 23, 2004
5,464
8
81
Oh man!! Don't gain ground again!!!



I want more TANKAGE!!!



I want window-jumping!!!


Come on, man..............tank, tank tank!!! :D
 

BrownTown

Diamond Member
Dec 1, 2005
5,314
1
0
I think its going down becasue everyone is so let down that Cheney WASN'T killed :p.

But really, If I had any money now would be a good time to buy stocks, and looking at the chart I'm not the only one who thinks so since its comming back up right now. Anyways, screw China's government for trying to muck around and causing their stock market to go down the crapper pulling us down with them.
 

Firebot

Golden Member
Jul 10, 2005
1,476
2
0
For some reason I don't feel too bad, knowing that I sold the last of my positions a few weeks ago waiting for opportunity like this to knock:D.
 

gsellis

Diamond Member
Dec 4, 2003
6,061
0
0
Originally posted by: Cal166
WTF, trying to buy a stock thru Scottrade...it said Trading is off.

Probably hit that barrier the market put in to stop big falls. Just when you want to buy because it is a good idea too... sigh.
 

redgtxdi

Diamond Member
Jun 23, 2004
5,464
8
81
Originally posted by: Cal166
WTF, trying to buy a stock thru Scottrade...it said Trading is off.

LOL!! Ya, I'd think so!!



I was actually wondering when the market was gonna shut down. Haven't had one of those in a while!


Thank goodness I have an overnight buy going in tonite already in place! :D
 

Queasy

Moderator<br>Console Gaming
Aug 24, 2001
31,796
2
0
Originally posted by: apac
Why is everyone saying this is about China's market?

Because China's stock market dropped almost 9% this morning leading to ripple effects throughout the rest of the world.