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Global equities correction

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  • #1

    Global equities correction

    Japan down 4%. Hong Kong down 2.5%. France down 2%. Germany down 2%. London down 2.25%. US down big yesterday.

    Interest rates were going up, but equity prices were not adjusting to the reality. Because of this, it looks like the correction may be a little sharper than otherwise hoped.

    Another couple months of this, and I'll actually be able to buy stocks for the first time in a while.
    I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891
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  • #2
    well i just lost 50 dollars... mother****er.
    "Flutie was better than Kelly, Elway, Esiason and Cunningham." - Ben Kenobi
    "I have nothing against Wilson, but he's nowhere near the same calibre of QB as Flutie. Flutie threw for 5k+ yards in the CFL." -Ben Kenobi

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    • #3
      Improper attitude. You'll be a buyer for the next 40 years, so it is in your interest for prices to go down.
      I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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      • #4
        that's it... i'll just buy beer and gum stocks from now on
        "Flutie was better than Kelly, Elway, Esiason and Cunningham." - Ben Kenobi
        "I have nothing against Wilson, but he's nowhere near the same calibre of QB as Flutie. Flutie threw for 5k+ yards in the CFL." -Ben Kenobi

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        • #5
          BUD looks good
          Monkey!!!

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          • #6
            yeah. it's gone up...
            "Flutie was better than Kelly, Elway, Esiason and Cunningham." - Ben Kenobi
            "I have nothing against Wilson, but he's nowhere near the same calibre of QB as Flutie. Flutie threw for 5k+ yards in the CFL." -Ben Kenobi

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            • #7
              look at it over 10 years

              Miller took some of the market share over the past few years, but Bud is strong and growing with some aquisitions over the past year
              Monkey!!!

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              • #8
                Don't get too greedy, time to buy is now.

                Well, maybe next Monday. Fridays and Mondays are notorious crash days.

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                • #9
                  Odin, I will never, ever take financial advice from you.

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                  • #10
                    That's not Odin, unless he's just changed his name. That being said, I support the general thrust of your comment.
                    KH FOR OWNER!
                    ASHER FOR CEO!!
                    GUYNEMER FOR OT MOD!!!

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                    • #11
                      Isn't that Odin's avatar? Clearly it's a DL...

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                      • #12
                        I'm bullish on Japan, Gold, and Nasdaq 100.

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                        • #13
                          I'm bearish on Japan, Gold, and the NASDAQ 100.

                          Well, I'm not so bearish on Japan.
                          I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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                          • #14
                            the things that are up will go down
                            and the things that are down will go up

                            unless they continue in their current direction





                            We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
                            -Warren Buffett
                            Monkey!!!

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                            • #15
                              Originally posted by DanS
                              Improper attitude. You'll be a buyer for the next 40 years, so it is in your interest for prices to go down.
                              Seems a bit simplified. You want the share price to go down based on overly cautious investors selling, you get a bargain for sure, but what if its going down based on the fact that the economy is tanking? You don't gain from the share price falling if its still being fairly valued.
                              One day Canada will rule the world, and then we'll all be sorry.

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