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Dow Crashes--- What does this mean for you?

Discussion in 'Members' Lounge' started by BigJ, Feb 27, 2007.

  1. BigJ

    BigJ I'm just about that action Boss. VIP

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    Uh Oh

    My grandpa lost I guess a gigantic amount today with fall.
     
  2. reckedracing

    reckedracing TTIWWOP VIP

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    the trigger
     
  3. Capt. Orygun

    Capt. Orygun Win the Day

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    for me? This means it's a good time to buy haha
     
  4. reckedracing

    reckedracing TTIWWOP VIP

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    :werd:

    well, i'd prob wait another day cause it was still dropping till the end of the day i believe
     
  5. Capt. Orygun

    Capt. Orygun Win the Day

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    well actually allot of my 401K is in develpoing asian economies. If China did well today so did I :)
     
  6. reckedracing

    reckedracing TTIWWOP VIP

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    china dropped 9 percent
    the rest of the asian markets followed
     
  7. BigJ

    BigJ I'm just about that action Boss. VIP

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    Umm. Opposite. It's like if they cough in china we get sars and 10,000 people die.




    I have treasury bills galore so this is good news for me I guess. The treasury bill went up as sellers pulled out and bought Tbills to keep taxes on the DL.
     
  8. Airjockie

    Airjockie Watanabe Whore!!!

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    ouch....

    I'll find out how bad I got hurt tonight when it's posted...
     
  9. Capt. Orygun

    Capt. Orygun Win the Day

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    ouch, I haven't had time to look at it but I assumed the Chinese sell off was profit driven and hurt the US economy
     
  10. ScrapinSi

    ScrapinSi Senior Member

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    What does it mean? MicroSH!T software failed again... lol
     
  11. Celerity

    Celerity Well-Known Member

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    Working for an educational institution, the market is completely isolated from me and my personal wages. Like you said, that means it's now time to play in the markets.
     
  12. 89crxzc

    89crxzc I provide inspiration!

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    amen
     
  13. cheese9988

    cheese9988 Senior Member VIP

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    One stock did really well...the others...well hmmm.
     
  14. Seany-izzle

    Seany-izzle New Member

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    what does it mean to me? It doesn't. :D
     
  15. pissedoffsol

    pissedoffsol RETIRED

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  16. Airjockie

    Airjockie Watanabe Whore!!!

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    I only lost $300.... :(
     
  17. BigJ

    BigJ I'm just about that action Boss. VIP

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    Not bad.

    I'm wondering what Tbills went up by..... I have some serious bonds for my first house kicking around I've purchased/gifted since I was like 5.
     
  18. pissedoffsol

    pissedoffsol RETIRED

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    you didn't 'lose' anything, unless you sold today.

    stocks are worthless until you buy them or sell them. in the midterm, they are a piece of paper that says you own it. nothing more.
     
  19. Airjockie

    Airjockie Watanabe Whore!!!

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    then my stocks dropped $300....
     
  20. Black Widow g2

    Black Widow g2 *princess*

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    ah, a wonderful time to buy options.
     
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