Stock Market

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Re: Stock Market

Postby columbia on Thu Aug 04, 2011 2:56 pm

Down "only" 350 now.
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Re: Stock Market

Postby JeffDFD on Thu Aug 04, 2011 3:04 pm

KennyTheKangaroo wrote:
JeffDFD wrote:Ouch.

I bought some stuff not too long ago...I'm not going to look at the unrealized gain/loss column for a few months at least on those.

I am invested for the long term, but if companies start slashing dividends I may puke in my mouth a little.


Why would companies start slashing dividends? Cash is piling up on balance sheets at unprecedented amounts.



I should have added "If we go into another recession" - which is a large part of why the sell off is occurring, people are fearing another recession.

Hopefully, this all just a temporary blip in all the economic data...some are saying it may be related to the Japan stuff as companies put on the brakes a bit and we didn't see some of the impact until now. Not sure if I buy any of that though...they've been using it for a while.
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Re: Stock Market

Postby JeffDFD on Thu Aug 04, 2011 3:07 pm

columbia wrote:Down "only" 350 now.


Image
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Re: Stock Market

Postby pittsoccer33 on Thu Aug 04, 2011 3:14 pm

shafnutz05 wrote:"Recovery Summer"


Image
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Re: Stock Market

Postby Pitt87 on Thu Aug 04, 2011 3:21 pm

Troy Loney wrote:
newarenanow wrote:On a seperate note, for you financial guys, what will this do to interest rates?



Down. Less demand for capital.


Down?? I'm not sure how they can get much lower. Capital markets are already near record lows. Lots of cash out there since no one is looking to take long positions in stocks.

I would expect both capital and consumer markets to stay flat for the next million quarters. :scared:
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Re: Stock Market

Postby Ossa on Thu Aug 04, 2011 3:53 pm

DOW DOWN 500

:face:
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Re: Stock Market

Postby shafnutz05 on Thu Aug 04, 2011 3:54 pm

WE NEED MOAR STIMULUS!!!!! QE3 PL0X
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Re: Stock Market

Postby newarenanow on Thu Aug 04, 2011 3:54 pm

Ossa wrote:DOW DOWN 500

:face:


I have it down 433, but I'm on a 20 minute delay.
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Re: Stock Market

Postby Ossa on Thu Aug 04, 2011 3:56 pm

Nasdaq has biggest one-day percentage drop since January 2009
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Re: Stock Market

Postby columbia on Thu Aug 04, 2011 4:00 pm

ooof
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Re: Stock Market

Postby ExPatriatePen on Thu Aug 04, 2011 4:19 pm

columbia wrote:
KennyTheKangaroo wrote:somewhere, expatriatepen is having a heart attack


I dont blame him, considering what he has talked about in terms of his income.


You know the view of Manhattan is pretty good from up here.

ExPat (Standing on the top of the tallest point of the Geo. Washington bridge, getting ready to jump.)

Seriously though, if you guys knew how much money I lost (on paper) today... :evil:
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Re: Stock Market

Postby Juice on Thu Aug 04, 2011 4:54 pm

Hey if you're gonna lose a fortune, might as well be at the beach.
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Re: Stock Market

Postby ExPatriatePen on Thu Aug 04, 2011 5:00 pm

Juice wrote:Hey if you're gonna lose a fortune, might as well be at the beach.


True, problem with that though is that I won't be able to afford to stay at the beach.

This keeps up, it's back to work for me. "would you like fries with that?"
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Re: Stock Market

Postby JeffDFD on Thu Aug 04, 2011 5:31 pm

Stock market was constipated for a few weeks and just took a massive dump on everyone's portfolio. I wouldn't have predicted a 500 drop...200-300 would have been bad enough!
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Re: Stock Market

Postby JeffDFD on Thu Aug 04, 2011 5:33 pm

Can we have a stock market juju thread before open tomorrow? Beer girls plz?
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Re: Stock Market

Postby columbia on Thu Aug 04, 2011 5:53 pm

JeffDFD wrote:Can we have a stock market juju thread before open tomorrow? Beer girls plz?


That actually makes sense, since so much of the market performance is about confidence.
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Re: Stock Market

Postby ExPatriatePen on Thu Aug 04, 2011 5:56 pm

columbia wrote:
JeffDFD wrote:Can we have a stock market juju thread before open tomorrow? Beer girls plz?


That actually makes sense, since so much of the market performance is about confidence.


Is *that* what it's all about? I thought it's was about those great parties in the East Hamptons ;)
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Re: Stock Market

Postby columbia on Thu Aug 04, 2011 5:58 pm

I'm fully confident that I'll never be invited to one of those.
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Re: Stock Market

Postby Guinness on Thu Aug 04, 2011 6:31 pm

ExPatriatePen wrote:
columbia wrote:
JeffDFD wrote:Can we have a stock market juju thread before open tomorrow? Beer girls plz?


That actually makes sense, since so much of the market performance is about confidence.


Is *that* what it's all about? I thought it's was about those great parties in the East Hamptons ;)


:thumb: :lol: Precisely.
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Re: Stock Market

Postby Guinness on Thu Aug 04, 2011 6:33 pm

Jobs report is tomorrow, isn't it? Uh oh. Another day like today and Bennie will have the presses cranked up so high it'll sound like a land invasion. Fire up the helicopters, Ben.
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Re: Stock Market

Postby ExPatriatePen on Thu Aug 04, 2011 6:52 pm

Guinness wrote: Fire up the helicopters, Ben.


:thumb:

For your mention of his remarks, not for actually doing it.

It's coming (massive inflation), it's just a matter of when.
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Re: Stock Market

Postby PWC_Pens on Thu Aug 04, 2011 11:37 pm

Image

Happy 50th birthday to President Obama!
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Re: Stock Market

Postby JeffDFD on Fri Aug 05, 2011 9:11 am

Here we go stock market, here we go!!!! juju time to end the miserable week!


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Re: Stock Market

Postby Trip McNeely on Fri Aug 05, 2011 9:19 am

Jobs report much better than expected.

http://money.cnn.com/2011/08/05/news/ec ... &hpt=hp_t1
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Re: Stock Market

Postby pfim on Fri Aug 05, 2011 9:20 am

Trip McNeely wrote:Jobs report much better than expected.

http://money.cnn.com/2011/08/05/news/ec ... &hpt=hp_t1


jobs jobs jobs jobs jobs
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