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Old October 9th, 2008, 08:27 PM   #41
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hahahahahahahahahahahahahahahahahahahahahahahahaha hahahahahahaha

39.7% loss this year.

ZOMGSELLEVARYTHING!!!!11!!!!
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Old October 10th, 2008, 08:53 AM   #42
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Quote:
Originally Posted by 2007JK View Post
Remember, buy low sell high. Seems like you just did the opposite.


http://www.kitco.com/charts/liveplatinum.html

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Old October 10th, 2008, 09:05 AM   #43
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Quote:
Originally Posted by ScOoTeR View Post
hahahahahahahahahahahahahahahahahahahahahahahahaha hahahahahahaha

39.7% loss this year.

ZOMGSELLEVARYTHING!!!!11!!!!
x2

Also, I am trying to decide which stocks to gamble on??????
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Old October 10th, 2008, 09:07 AM   #44
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Quote:
Originally Posted by ScOoTeR View Post
hahahahahahahahahahahahahahahahahahahahahahahahaha hahahahahahaha

39.7% loss this year.

ZOMGSELLEVARYTHING!!!!11!!!!
You should sell your sperm and buy ford.

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Old October 10th, 2008, 09:11 AM   #45
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buy ford.
Today may be the day to do it.
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Old October 10th, 2008, 09:28 AM   #46
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Dumbass of the day.
Quote:
LANSING, Michigan (AP) -- A winner of a $42 million Mega Millions jackpot in Michigan may do something almost unheard of: receive the money in installments rather than getting a smaller, one-time cash payment.

The winner of the October 3 jackpot indicated a preference for taking the annuity. State lottery spokeswoman Andi Brancato says she can't remember a Mega Millions winner in Michigan ever doing that since the game was launched in 2002.

The winner will be announced Friday at a news conference.

Lottery winners typically take a lump-sum payment with plans to invest it, but confidence in the market has dropped with the current financial crisis. The Dow has lost nearly 40 percent since closing at its all-time high a year ago.
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Old October 10th, 2008, 09:53 AM   #47
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Out of the stock market with my extra, non-401(k) money. I think there is a much lower bottom coming. Insurance companies are all next IMO (especially if Osama gets in).
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Old October 10th, 2008, 10:04 AM   #48
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Dumbass of the day.
How long do they stretch out those payments for?
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Old October 10th, 2008, 10:20 AM   #49
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How long do they stretch out those payments for?
Annual payout over 26 years.
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Old October 10th, 2008, 11:47 AM   #50
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Originally Posted by clarkstoncracker View Post
For the first time since I was 17, I will be stock free at 9:31am today when all my market orders are processed.
Congratulations, you are now part of the problem. Good luck timing the market on your way back in.
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Old October 10th, 2008, 11:50 AM   #51
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Congratulations, you are now part of the problem. Good luck timing the market on your way back in.
The problem is moving my money from a bad performing service into a good performing service?
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Old October 10th, 2008, 12:12 PM   #52
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Quote:
Originally Posted by clarkstoncracker View Post
The problem is moving my money from a bad performing service into a good performing service?
The problem is that people who are panicking and geting out of the market, like you did, are contributing to the continuing slide. Fund managers are forced to sell off to pay people who are cashing out of their funds. In the mean time the rest of the economy is going along for the ride to the bottom.

Like you said it's your money, do what you like, but trying to time the market on the way back up is historically a losing position. Going back up typically happens quickly and on a large scale and your most likey to be riding gold down while the market goes back up and you'll miss the bull. Like I said good luck, maybe you'll be the exception.

In the mean time thanks for contributing to my losses. I'll see you on the up side.
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Old October 13th, 2008, 01:22 PM   #53
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So did you buy back today? Baaaaaaa.

Gas was down to $2.97 this weekend. Pumps had lines. What a bunch of sheep.
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Old October 13th, 2008, 02:45 PM   #54
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Haha

5 trillion had been pulled out last week

a 90 day window to put it back in before taxation


Sorry, the only time to panic and pull out is when you aren't shooting blanks and your not wearing your rubber.
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Old October 14th, 2008, 03:57 PM   #55
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"We don't know if the bottom is in," said Lincoln Anderson, chief investment officer and chief economist at LPL Financial in Boston, referring to the market's advance Monday after huge losses last week. "We certainly expect heightened volatility for a fair amount of time while we sort out just exactly what's going on."
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Old October 15th, 2008, 03:58 PM   #56
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Dow plunges 733 as new data suggests a recession, if not already here, is inevitable
Wednesday October 15, 4:56 pm ET
By Tim Paradis, AP Business Writer
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Old October 15th, 2008, 07:08 PM   #57
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Here's the good news from today:

"Light, sweet crude fell $4.09 to settle at $74.54 per barrel on the New York Mercantile Exchange."

Gas was at $2.84 this morning on my way into work.
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Old October 17th, 2008, 01:30 PM   #58
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Kelly - Did you end up buying gold a week ago? Hope not, since it is down almost 9% this week.
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Old October 17th, 2008, 01:36 PM   #59
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Quote:
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Kelly - Did you end up buying gold a week ago? Hope not, since it is down almost 9% this week.
nope, its just sitting there. I did buy some stocks on wed of last week, but less then 10% of my available assets.

I'm pretty confident that we have hit bottom and I'm going to move back into it monday and tuesday.. I saved myself from a >10% loss though by pulling out.



yes, I said pulling out
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Old October 17th, 2008, 01:40 PM   #60
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i have 30 years before i retire so i got the 401k maxed out right now. putting every last cent i can in it. buy low and cross my fingers!
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