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Old 10-09-2008, 08:47 PM  
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 10-10-2008, 08:25 AM   #76
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Oil will go back up right after the election. Bet on it.
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Old 10-10-2008, 08:40 AM   #77
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Originally Posted by gblowfish View Post
Oil will go back up right after the election. Bet on it.
Absolutely. It might not happen right away - there will be a little honeymoon. If we go into a full-blown world wide depression, gas will come down in price. Trump predicted a buck a gallon (doubtful). As all things that are a limited commodity, it'll go back up as demand kicks back up.
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Old 10-10-2008, 08:47 AM   #78
bringbackmarty bringbackmarty is offline
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No demand right now for gas in the U.S. Summer's over, everyone is broke from paying so much.
I feel bad for you baby boomers that want to retire, but those of you who voted for Bush brought this on all of us. Good news is, your kids, and in some cases grandkids stand to make a lot of money in real estate, and the stock market. Who knows, if you guys live long enough, we might have enough to fix Social Security, and bail your asses out for a second time.
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Old 10-10-2008, 08:57 AM   #79
eazyb81 eazyb81 is offline
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Originally Posted by gblowfish View Post
Oil will go back up right after the election. Bet on it.
I'm not sure about the election, but it will go up whenever the market starts recovering. So many of the emerging countries depend on us to import their goods, and when we suffer they suffer and thus global demand for oil drops.

Still, OPEC has already talked about cutting production due to a drop in demand - they won't let oil fall too far. Bastards.
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Old 10-10-2008, 09:12 AM   #80
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Originally Posted by bringbackmarty View Post
No demand right now for gas in the U.S. Summer's over, everyone is broke from paying so much.
I feel bad for you baby boomers that want to retire, but those of you who voted for Bush brought this on all of us. Good news is, your kids, and in some cases grandkids stand to make a lot of money in real estate, and the stock market. Who knows, if you guys live long enough, we might have enough to fix Social Security, and bail your asses out for a second time.
I voted for Bush and I'm not happy about my choice. However, In no way did I bring anything on anyone.

Garbage like this is exactly why we have a DC Forum. Please take it there.
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Old 10-10-2008, 09:18 AM   #81
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Economic power is being consolidated. Smaller independent banks that took too many risks are being absorbed by the uberpowerful banks (families) that have the reserves. We're panicking, they're buying. This was all a mistake that could have been avoided, but we allowed fractional reserves to go from 10x to 30x. People were lending a bunch of money they didn't have, and the lawmakers allowed it to happen.

Yeah, the Bush family is part of the problem. Do a search on Brown Brothers Harriman, and then take a look at who originally loaned BBH the money they needed to get started in the first place - you'll find the heirs of Nathan Rothschild.

This whole mess is being manufactured to eliminate fringe players, and get the payments going to a select few banking families.

We don't need Obama or McCain. We need Andrew Jackson.
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Old 10-10-2008, 09:18 AM   #82
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Originally Posted by tomahawk kid View Post
Warren Buffet is literally shitting himself right now related to how all these irrational bastards are going to make him even richer........
That's about right. If he lives long enough for the market to turn, he'll top $100 billion personally.
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Old 10-10-2008, 09:21 AM   #83
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I voted for Bush and I'm not happy about my choice. However, In no way did I bring anything on anyone.

Garbage like this is exactly why we have a DC Forum. Please take it there.
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Old 10-10-2008, 09:33 AM   #84
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I voted for Bush and I'm not happy about my choice. However, In no way did I bring anything on anyone.
It was all your fault. It's going to be your fault in 2 weeks when LSW beats the snot out of Belton too. Global warming?Your fault too.
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Old 10-10-2008, 10:39 AM   #85
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Oct. 10 (Bloomberg) -- Italian Prime Minister Silvio Berlusconi said political leaders are discussing the idea of closing the world's financial markets while they ``rewrite the rules of international finance.''

http://www.bloomberg.com/apps/news?p...d=aP5mpMUORBWM

Really hope this is smoke. Would just delay the inevitable and instill more fear.
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Old 10-10-2008, 10:53 AM   #86
teedubya teedubya is offline
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I don't know if this is out there, but maybe some of you folks might know.

Ok. say... Goog has 314.45 million shares MSFT microsoft has 9.13 Billion shares.

I want to easily compare each stock, on the same scale, as if they both had 1 billion shares... know of any tool?

to get google to 1 billion shares, we would need to add 3.1801558276355541421529654953093 times the amount of shares, thus decreasing the value by that much.

GOOG would be around $100.75 if they had 1 billion shares.

With MSFT, Id have to decrease the amount of shares, thus INCREASE the price per share by 9.13 as they have 9.13 billion shares. so the 21.18 stock price becomes
$193.3734 per share.

So, by doing this math, it appears that GOOG is a way better value.

Now, does this computation have any merit in the stock market world? I have never seen this before, but its probably around and has a name.

Any Stock Market Gurus out there have any input?
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Old 10-10-2008, 11:08 AM   #87
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Originally Posted by Ari Chi3fs View Post
I don't know if this is out there, but maybe some of you folks might know.

Ok. say... Goog has 314.45 million shares MSFT microsoft has 9.13 Billion shares.

I want to easily compare each stock, on the same scale, as if they both had 1 billion shares... know of any tool?

to get google to 1 billion shares, we would need to add 3.1801558276355541421529654953093 times the amount of shares, thus decreasing the value by that much.

GOOG would be around $100.75 if they had 1 billion shares.

With MSFT, Id have to decrease the amount of shares, thus INCREASE the price per share by 9.13 as they have 9.13 billion shares. so the 21.18 stock price becomes
$193.3734 per share.

So, by doing this math, it appears that GOOG is a way better value.

Now, does this computation have any merit in the stock market world? I have never seen this before, but its probably around and has a name.

Any Stock Market Gurus out there have any input?
I may be wrong but you can not compare them that way. Value of a share will change as stocks are split.
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Old 10-10-2008, 11:10 AM   #88
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Originally Posted by Ari Chi3fs View Post
I don't know if this is out there, but maybe some of you folks might know.

Ok. say... Goog has 314.45 million shares MSFT microsoft has 9.13 Billion shares.

I want to easily compare each stock, on the same scale, as if they both had 1 billion shares... know of any tool?

to get google to 1 billion shares, we would need to add 3.1801558276355541421529654953093 times the amount of shares, thus decreasing the value by that much.

GOOG would be around $100.75 if they had 1 billion shares.

With MSFT, Id have to decrease the amount of shares, thus INCREASE the price per share by 9.13 as they have 9.13 billion shares. so the 21.18 stock price becomes
$193.3734 per share.

So, by doing this math, it appears that GOOG is a way better value.

Now, does this computation have any merit in the stock market world? I have never seen this before, but its probably around and has a name.

Any Stock Market Gurus out there have any input?

This would not take things that are important such as REVENUE and PROFIT into consideration at all. With this theory, there are penny stocks out there that are "undervalued" and excellent buys.
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Old 10-10-2008, 11:11 AM   #89
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Originally Posted by penguinz View Post
I may be wrong but you can not compare them that way. Value of a share will change as stocks are split.

Well, that is what I am doing, changes the prices, as they 'split'.

If a stock has 1billion shares at 100, then splits 2:1 then you now have 2 billion shares worth 50. I used that same principle in getting the stocks to 1 billion.

To me, it makes sense... maybe to no one else. I don't know if its a valid gauge on stocks or not.

But, when sprint has 2.3 Billion shares at 3 bucks and ATT has 5B @ $22... it gives me a better feel instead of 3$ vs 22$.

Trying to grasp some things.
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Old 10-10-2008, 11:14 AM   #90
teedubya teedubya is offline
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I just use the Magic 8 Ball now to help me decide which stocks to buy.
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