The Dow was down 600 points on Monday and 520 points today, but no gay guys seem to care! Do you guys have investments or worry about unemployment?

  • Posted by a hidden member.
    Log in to view his profile

    Aug 04, 2011 6:14 PM GMT
    BTW unemployment is at least 9.5%, but much higher if measured correctly.

    It just seems like everybody is fiddling while Rome burns.
  • Posted by a hidden member.
    Log in to view his profile

    Aug 04, 2011 6:23 PM GMT
    Great time to buy. icon_cool.gif
  • Posted by a hidden member.
    Log in to view his profile

    Aug 04, 2011 8:07 PM GMT
    Cash is king??
  • Posted by a hidden member.
    Log in to view his profile

    Aug 04, 2011 8:17 PM GMT
    paulflexes saidGreat time to buy. icon_cool.gif


    But how do you know when its done falling?
  • rnch

    Posts: 11524

    Aug 04, 2011 8:18 PM GMT
    sure am glad that i transferred my 401-K balance OUT of the stock market fund!



    icon_eek.gif
  • Posted by a hidden member.
    Log in to view his profile

    Aug 04, 2011 8:21 PM GMT
    What?! An economic system that relies on human clairvoyance has downs?! That's shocking.
  • Posted by a hidden member.
    Log in to view his profile

    Aug 04, 2011 8:21 PM GMT
    doing great up here
  • Vaughn

    Posts: 1880

    Aug 04, 2011 8:28 PM GMT
    Gaymerboy saidWhat?! An economic system that relies on human clairvoyance has downs?! That's shocking.


    LOLZ
  • dfrourke

    Posts: 1062

    Aug 04, 2011 8:36 PM GMT
    long term investors don't worry about fluctuations like today...downturns breed upswings...

    everyone just needs to relax.

    - David icon_wink.gif
  • Posted by a hidden member.
    Log in to view his profile

    Aug 04, 2011 8:37 PM GMT
    That will just make my trading easier tomorrow ;)
  • Vaughn

    Posts: 1880

    Aug 04, 2011 8:39 PM GMT
    dfrourke saidlong term investors don't worry about fluctuations like today...downturns breed upswings...

    everyone just needs to relax.

    - David icon_wink.gif


    No Dammnit! Everyone panic! Take your money out now! Right now! This is the end of Capitalism as we know it. We must crash the stock market in a unified solid panic. You will do it or Jesus will cry!
  • Posted by a hidden member.
    Log in to view his profile

    Aug 04, 2011 8:45 PM GMT
    The Dow's down 300 points today and another index is down 5% TODAY? Are you guys worried yet?

    swimguychicago saidBTW unemployment is at least 9.5%, but much higher if measured correctly.

    Not worried for myself. Hoping the capitalists are getting burned, who asked for this. And all the Teabaggers who will get their own asses burned for being fanatical morons. Wait until the entitlements they campaigned against get slashed, and it hits them. While millionaires get tax breaks at their expense. If they can comprehend such things.

    I'm sure the Teabaggers and FOX will spin this onto Democrats, and not accept that they brought this on themselves. But I couldn't be happier. I'm safe, and so I can say, like Louis XV: "Apres moi, le deluge."
  • Posted by a hidden member.
    Log in to view his profile

    Aug 04, 2011 8:51 PM GMT
    most definitely not worried.
  • rnch

    Posts: 11524

    Aug 04, 2011 9:38 PM GMT
    update from MSNBC: "down closes 512 points lower"


    icon_exclaim.gif
  • Lincsbear

    Posts: 2605

    Aug 04, 2011 9:39 PM GMT
    No,it`s just market correction;it`s needed.
  • Posted by a hidden member.
    Log in to view his profile

    Aug 04, 2011 9:39 PM GMT
    Stocks are a *long* *term* investment. Most likely, the price will significantly recover within a few weeks.

    Good time to buy.
  • Posted by a hidden member.
    Log in to view his profile

    Aug 04, 2011 9:42 PM GMT
    Gaymerboy saidWhat?! An economic system that relies on human clairvoyance has downs?! That's shocking.




    LOL
    Nice one.

    And I agree with paulflexes.
    This is a great time to buy.
  • Posted by a hidden member.
    Log in to view his profile

    Aug 04, 2011 9:45 PM GMT
    IMO we had a significant correction in March. We were NOT due for another correction. This is not a correction, this is anxiety. I'm not touching my cash reserves - gold looks good again. I believe 2000 by Christmas
  • KinesiologyMa...

    Posts: 123

    Aug 04, 2011 10:25 PM GMT
    Dude all the money we had in the stock market before the crash was made up from inflated home prices that were split up mortgages and sold to all these other companies. The highs we had in 2007 was all just fake money. We will never make it back to that amount again because it wasn't real. Anyways it was just a correction from all the over-speculation that happened before the debt ceiling was raised. Yes it didn't make anything better but if we got downgraded from AAA to AA then we would have been in trouble
  • Posted by a hidden member.
    Log in to view his profile

    Aug 04, 2011 10:32 PM GMT
    Hmmm. Maybe my laziness and stupidity will pay off once again. LOL. Sometimes it pays to procrastinate (and not invest in the market).
  • Posted by a hidden member.
    Log in to view his profile

    Aug 04, 2011 10:36 PM GMT
    Not worried at all.
  • madhatter131

    Posts: 38

    Aug 04, 2011 10:37 PM GMT
    Market is still over-inflated.

    And, unemployment will continue to get worse. With more companies trying to push the digital methods of self-service and technology making things quicker and more efficient, the need for labor is going to continue to decrease.

  • Posted by a hidden member.
    Log in to view his profile

    Aug 04, 2011 10:41 PM GMT
    No, because (relatively) soon we'll be rid of Obama.
  • Posted by a hidden member.
    Log in to view his profile

    Aug 04, 2011 10:55 PM GMT
    Yes, I'm having to hear about it from the partner all day! Not the best day at all since no one really saw a plunge like this coming on such a random day, and AFTER there has been a debt deal.
  • Posted by a hidden member.
    Log in to view his profile

    Aug 04, 2011 10:57 PM GMT
    jprichva said
    JackNWNJ saidNo, because (relatively) soon we'll be rid of Obama.

    And you think the stock market will perform better under a Republican?

    Hasn't happened yet. Since Hoover 75 years ago, the stock market's best years have always been under Democratic administrations.


    And yes, Obama is having an EXTREMELY toxic affect on the confidence of the investing market. Psychology plays a huge factor, far more than actuality.