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Old 10-09-2008, 08:47 PM   Topic Starter
petegz28 petegz28 is offline
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World Markets Crashing!!!!
Markets are crashing across the board right now...

Tokyo -10.6%
Singapore -6.9%
Australia -6.8%
Hong Kong -7.9%



This is starting to become some real scary stuff.
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Old 10-09-2008, 08:50 PM   #2
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Old 10-09-2008, 08:54 PM   #3
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Scary ass shit.
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Old 10-09-2008, 08:55 PM   #4
Iowanian Iowanian is offline
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I suppose its time to invest in stock....well, at least a stockpile.
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Old 10-09-2008, 09:00 PM   #5
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Old 10-09-2008, 09:03 PM   #6
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Is GM at 4.76 or Ford at 2.08 of interest to anyone? With new tech. on the horizon and what not...?

Or would this be pissing into the wind pre-buyout.
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Old 10-09-2008, 09:03 PM   #7
petegz28 petegz28 is offline
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on the bright side, oil is down $4+ a barrel
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Old 10-09-2008, 09:06 PM   #8
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Originally Posted by petegz28 View Post
on the bright side, oil is down $4+ a barrel
I filled up for under 55.00 today for the first time in a long damn time.
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Old 10-09-2008, 09:09 PM   #9
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Originally Posted by petegz28 View Post
on the bright side, oil is down $4+ a barrel
Donger the oil shill will be in to tell me off but I find it amazing:

Dollar continues downward, markets are crashing, and panic has set in financially and yet gasoline is going DOWN.

Pretty hard not to conclude they have gouged the living hell out of people for a good 7 years.
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Old 10-09-2008, 09:10 PM   #10
Long Duk Dong Long Duk Dong is offline
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I read an article that things are going to still be bad for awhile. They are expecting the DOW to drop into the 7000's... wow...wth!
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Old 10-09-2008, 09:36 PM   #11
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Quote:
Originally Posted by irishjayhawk View Post
Donger the oil shill will be in to tell me off but I find it amazing:

Dollar continues downward, markets are crashing, and panic has set in financially and yet gasoline is going DOWN.

Pretty hard not to conclude they have gouged the living hell out of people for a good 7 years.
In a bad economy all commodity prices go down, and oil especially as it's tied into a host of products that get used alot less in a down economy, including gas of course.
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Old 10-09-2008, 11:09 PM   #12
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Quote:
Originally Posted by irishjayhawk View Post
Donger the oil shill will be in to tell me off but I find it amazing:

Dollar continues downward, markets are crashing, and panic has set in financially and yet gasoline is going DOWN.

Pretty hard not to conclude they have gouged the living hell out of people for a good 7 years.
Its the value of the dollah.
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Old 10-09-2008, 11:15 PM   #13
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Quote:
Originally Posted by irishjayhawk View Post
Donger the oil shill will be in to tell me off but I find it amazing:

Dollar continues downward, markets are crashing, and panic has set in financially and yet gasoline is going DOWN.

Pretty hard not to conclude they have gouged the living hell out of people for a good 7 years.
The dollar isn't continuing down. I don't know what you've been reading, but the dollar is pretty strong right now compared to where it's been.
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Old 10-10-2008, 05:30 AM   #14
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Originally Posted by irishjayhawk View Post
Donger the oil shill will be in to tell me off but I find it amazing:

Dollar continues downward, markets are crashing, and panic has set in financially and yet gasoline is going DOWN.

Pretty hard not to conclude they have gouged the living hell out of people for a good 7 years.
No, too easy. Like ripping the wings off a wounded fly.
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Old 10-09-2008, 09:19 PM   #15
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for the young folks out there it's not the end of the world if you own stock. Just don't sell. Remember you still have what you saw before the crash its just not valued at what you saw. For people retiring in 5 years or less or who have kids going to college this is a very serious time. Lets hope for a quick turnaround.
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