Anybody watching the markets?

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U.S. is causing a ruckus around the world, just saw this morning India lost 160 billion in US dollars on the Bombay Exchange (equal to about 6 trillion their money) within minutes of opening and Asia market is taking it in the pie-hole.
 
finally oil going down, unfortunately everything else with it.

im buying some pharma stock myself...lots of bargains there especially before earnings come out later this month
 
Markets always go up and down. People invest in them because the go up in the long term. All that anyone can really hope for is that this is just another low point in the cycle and not a sign of things to come.
 
this is just the beginning .. even the Feds .75 basis point deduction in short term cash rates could not quell one of the worst weeks in stock market history since 911.
 
probably means i wont be doing many plantings this year. do too the crap econamy:( owell. maybe if i lose a few pounds i can start stripping on the sideIm the MAN
 
killrwheels@autogeek said:
this is just the beginning .. even the Feds .75 basis point deduction in short term cash rates could not quell one of the worst weeks in stock market history since 911.
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Fed is doing what they do best, band aids. I swear our country is run by morons, plenty of us called this years ago....did Wallstreet care? Nope, they were to busy guzzling up insane profits and paying bonus/severance packages never seen before. We wouldn't be in this much trouble had they listened to what was being said would happen years ago. I mean seriously a country like ours couldn't foresee what would happen?????

Watch the dollar become worthless. USA doing what it does best, f'ing everyone including us/themselves. I know your in financials as well as I, whats reported on the news isn't 1/4 of whats going on, I don't think many people realize just how bad of a situation we are in. Anybody in financial services knows this is not a normal market fluctuation of ups/downs, we haven't seen the worst to come, people compare it saying oh this happened before with the S&L Crisis....thats not even a comparison, S&L was contained to its sector, this is on a completely different level. We also survive heavily on Commercial paper, and what you rarely hear in the news, is Commercial paper is performing very poorly which is scary.
 
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Surfer said:
U.S. is causing a ruckus around the world, just saw this morning India lost 160 billion in US dollars on the Bombay Exchange (equal to about 6 trillion their money) within minutes of opening and Asia market is taking it in the pie-hole.
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See P.M.
 
I have been watching them fall and feel good about not having my money in them right now.
 
I sold the bulk of my equity investments last year in anticipation of what's occurring now. It was only a matter of time until the subprime mess and high energy prices caught up with the markets.
 
I finally got off the sidelines and made my first investment (outside of my 401k) two weeks ago as it looks like a great investment and had been dropping pretty heavy. I got in after it went up over a dollar that day thinking it was turning around. Then it proceeded to drop about 18% until yesterday. It had a very good day today though. But that's OK, I'm in for the long haul, so I'll be in the green before long.
 
investing is a long term strategy and should be one of many other diversified choices for growth. A cycle is typically a 10 year window, and as such we have a long way to go but alot of people will make alot of money in this market with great values, and lowered price points. Dont watch daily ....or you'll get an ulcer !
 
eh?

I remember when 11k was doin alright. It went up to what close to 14k, now its dropping back down and people are panicking..

What did everyone think the market was going to do when it was reaching record highs.... Whatgoes up must come down.
 
ryandamartini said:
eh?

I remember when 11k was doin alright. It went up to what close to 14k, now its dropping back down and people are panicking..

What did everyone think the market was going to do when it was reaching record highs.... Whatgoes up must come down.
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true, true.
 
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