The stock market.

[Jschmuck2]

I have quite a few stocks that I inherited when my Uncle passed away and they've really been taking a solid rogering as of late. This makes me sad.

 

[blipblop]

Credit crisis and subprime problems. You're not alone in this, that's why people that play stocks should be able to ride things out. The entire US is taking a hit...

 

[Miramonti]

Don't worry they will rebound, if not this year then the next.

 

[FoBoT]

this type of thing happens right before a depression

no worries :sun:

 

[woodie1]

The US stock market is making a lot of people sad. Then there are traders who make money on all the ups and downs.

 

[Miramonti]

Originally posted by: woodie1
The US stock market is making a lot of people sad. Then there are traders who make money on all the ups and downs.

 

[AndrewR]

Investors are skittish people, and they are scared of the big, bad boogeyman that they think is looming over the US economy (the largest in the world, incidentally): the dreaded "R" word -- recession.

Hopefully there will be some good economic news at some point, or perhaps the election will turn things around toward the end of the year. Good news for homebuyers in the near future: Wall Street is expecting a 0.50% rate cut from the Fed at the end of the month. Get your 30 year fixed rate mortgage after that!

 

[Lithium381]

Originally posted by: jjsole

Originally posted by: woodie1
The US stock market is making a lot of people sad. Then there are traders who make money on all the ups and downs.

how many people make money if it just keeps going down




4 year presentnetial cycle

according to this information, there is an obvious cycle associated with elections of US presidients

 

[Schfifty Five]

I've lost so much money. At least a lot in my opinion. I guess at this point I become a bag holder and ride out this horrible market till it recovers...ugh, I've never lost this much money. It's actually funny and really scary. Damn stocks.

 

[lozina]

I'm happy. but I'm invested in gold

 

[AmpedSilence]

I'm young (26), i plan on buying in at this time. It can't drop down for the next 10+ years.

 

[SSSnail]

I'm losing about $300 a day since the start of the new year. I quit checking.

 

[Miramonti]

Originally posted by: Lithium381

Originally posted by: jjsole

Originally posted by: woodie1
The US stock market is making a lot of people sad. Then there are traders who make money on all the ups and downs.

how many people make money if it just keeps going down

Depends on how much volatility there is along the way. Slow selloffs are the most lethal, eg. AMD, but sharp ones offer lots of short term peaks and valleys to potentially profit from, such as what happened a lot today with many stocks.

 

[LuckyTaxi]

This is why ive thrown my money into ETFs and overseas. I cant be bother with checking individual stocks, it drives me nuts.

 

[Jschmuck2]

Those stocks were just plopped into my lap. I wonder if I should've just sold them all off and put the money into a mutual fund or something. I'm completely market ignorant.

 

[Alistar7]

Originally posted by: lozina
I'm happy. but I'm invested in gold

Silver > Gold.....

 

[Miramonti]

Originally posted by: Jschmuck2
Those stocks were just plopped into my lap. I wonder if I should've just sold them all off and put the money into a mutual fund or something. I'm completely market ignorant.

You could sell 1/2 of them if you're not sure, depends on what your purpose for holding them is. Everyone who owns shares would like to see the market go up, but if you hold shares you're actually 'placing the bet' that it will. Is that what you want to do with this money? No reason to look at it any differently than cash imo, unless you want to be an investor in those companies.

 

[JEDI]

Originally posted by: Jschmuck2
I have quite a few stocks that I inherited when my Uncle passed away and they've really been taking a solid rogering as of late. This makes me sad.

if it's US stocks, sell now. and buy China (aka Emerging MArkets).

the 2008 olympics in Beijing. China will make a killing. you'll be rich!

 

[vrbaba]

Originally posted by: SSSnail
I'm losing about $300 a day since the start of the new year. I quit checking.

rimm dropped about 17 this week.

I wonder if next week will be a rebound or continued plum. I wanna buy some and hope its a rebound to offset some of the losses in day-trading. someone tell me for sure ...

oh wait, its 42

 

[rudeguy]

Originally posted by: woodie1
The US stock market is making a lot of people sad. Then there are traders who make money on all the ups and downs.

its making me very sad

 

[Engineer]

Originally posted by: AmpedSilence
I'm young (26), i plan on buying in at this time. It can't drop down for the next 10+ years.

Tell that to my 13 year old 401k plan that now has less in it than I contributed (including company contributions).

 

[effee]

rogering.

 

[ViviTheMage]

rogering??????

 

[bunnyfubbles]

October, I'd like you to meet January. January, this is October.

 

[goog40]

It's insane what's going on right now. There was an article the other day about how out of thousands of mutual funds invested in US stocks, only one fund is positive for the year (and after this week, I bet that's no longer the case). Even quality companies have PE ratios under 10 now. I wonder where the bottom is, hopefully it isn't much lower.