Life World Markets Crashing!!!! - Page 3

**petegz28** · 10-09-2008, 08:47 PM

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.

**Smed1065** · 10-09-2008, 11:11 PM

Quote:

Originally Posted by KC Fish

We need another bailout!!!

No the average American needs a bailout, not financing one or two!

Silock · 10-09-2008, 11:13 PM

Quote:

Originally Posted by ClevelandBronco

Next Tuesday could be a great time to buy.

It's always a good time to buy.

Dollar cost averaging.

Silock · 10-09-2008, 11:15 PM

Quote:

Originally Posted by irishjayhawk

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.

teedubya · 10-09-2008, 11:36 PM

Brace yourselves folks... McCain isn't going to win, so the powers that be are rocking the boat a bit. Don't worry. Go back to sleep.

Silock · 10-09-2008, 11:39 PM

Quote:

Originally Posted by Ari Chi3fs

Brace yourselves folks... McCain isn't going to win, so the powers that be are rocking the boat a bit. Don't worry. Go back to sleep.

If they were that powerful, they'd have shot Obama by now. This was a long time coming.

boogblaster · 10-09-2008, 11:50 PM

Haven't you figured it out .. Thats the plan .. break Asia and China they own too much now ... Too bad lots of US investers are going down with them ... Guess you should have buried your money in a old can or jar ...

ClevelandBronco · 10-09-2008, 11:54 PM

Quote:

Originally Posted by Silock

It's always a good time to buy.

Dollar cost averaging.

Dollar cost averaging is fine way to figure your position. I'm more interested in market timing.

**KcMizzou** · 10-09-2008, 11:55 PM

Thank God I invested in Ramen and Kraft Mac n' Cheese.

Frazod · 10-09-2008, 11:55 PM

Quote:

Originally Posted by boogblaster

Haven't you figured it out .. Thats the plan .. break Asia and China they own too much now ... Too bad lots of US investers are going down with them ... Guess you should have buried your money in a old can or jar ...

I was talking to my best friend tonight. He sure wishes he'd buried his money in the backyard - he's down half a million dollars.

Mr Luzcious · 10-09-2008, 11:58 PM

Just as long as you don't invest in anything the Fed might buy up...

**DaneMcCloud** · 10-10-2008, 12:01 AM

Quote:

Originally Posted by frazod

I was talking to my best friend tonight. He sure wishes he'd buried his money in the backyard - he's down half a million dollars.

500k????????

Holy ****ing shit.

I'm down nearly 70k this month in retirement funds and I'm freaking livid (and completely bummed out).

I guess I got off easy.

Buy that man a beer.

Frazod · 10-10-2008, 12:02 AM

Quote:

Originally Posted by DaneMcCloud

500k????????

Holy ****ing shit.

I'm down nearly 70k this month in retirement funds and I'm freaking livid (and completely bummed out).

I guess we got off easy.

Buy that man a beer.

Well, he's still up on me considerably.

Silock · 10-10-2008, 12:03 AM

-7.5% here in all investments. Could be a LOT worse.

**DaneMcCloud** · 10-10-2008, 12:04 AM

Quote:

Originally Posted by frazod

Well, he's still up on me considerably.

Quite possibly not for much longer...

It's so bad out there (and we could get into all the billions of variables but I'd rather not) that I just feel bad for anyone regardless of stature, that's losing money by the second.

**DaneMcCloud** · 10-10-2008, 12:05 AM

Quote:

Originally Posted by Silock

-7.5% here in all investments. Could be a LOT worse.

Jesus, I'm down 30% in the past 3 weeks.

10-09-2008, 08:47 PM
petegz28 Supporter Join Date: Feb 2005 Location: Olathe, Ks Casino cash: $-1105873	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.
Posts: 132,504

10-09-2008, 11:36 PM	#34
teedubya Most Valuable Poster Join Date: Oct 2003 Casino cash: $8993042	Brace yourselves folks... McCain isn't going to win, so the powers that be are rocking the boat a bit. Don't worry. Go back to sleep.
Posts: 36,832

10-09-2008, 11:50 PM	#36
boogblaster MVP Join Date: Sep 2005 Location: Verdigris Valley Campsite Casino cash: $10004900	Haven't you figured it out .. Thats the plan .. break Asia and China they own too much now ... Too bad lots of US investers are going down with them ... Guess you should have buried your money in a old can or jar ... __________________ WR or S please
Posts: 10,305

10-09-2008, 11:55 PM	#38
KcMizzou Supporter Join Date: Sep 2002 Location: Parkville MO Casino cash: $10005170	Thank God I invested in Ramen and Kraft Mac n' Cheese.
Posts: 54,695

10-09-2008, 11:58 PM	#40
Mr Luzcious Orbital Teapot Join Date: Jun 2007 Location: a maze of pleasure Casino cash: $10008797	Just as long as you don't invest in anything the Fed might buy up... __________________ Under construction
Posts: 2,242

10-10-2008, 12:03 AM	#43
Silock MVP Join Date: Dec 2006 Location: Overland Park Casino cash: $10020882	-7.5% here in all investments. Could be a LOT worse.
Posts: 19,908