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And the market is pretty much limited to the mainlanders, unlike most markets that are open to anyone.
It's a correction that many people had expected.
No big deal.
It's a correction that many people had expected.
No big deal.
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Golfing since 67 -
I agree. I've seen this type of thing unfold before. A lot of people come home from work on the day their stock market crashes, turn on the TV and learn of the crash. Their reaction is: "OMG" and they call their broker and tell him to sell, sell, sell! So expect another day or two of big drops, and then a bounce back. Probably a slow drift down for awhile after that.Originally posted by Kidicious
I didn't know the index had risen that much. It could come down more tomorrow I think.Comment
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S&P 500 down 2.28%. NASDAQ down 2.85%. 2 hours to close.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, 1891Comment
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The correct answer in a mature market is to call your broker and say "buy, buy, buy" large-cap stocks
<Reverend> IRC is just multiplayer notepad.
I like your SNOOPY POSTER! - While you Wait quote.Comment
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and this is how you make the money capitalizing on people's short sighted decisions.Originally posted by Zkribbler
I agree. I've seen this type of thing unfold before. A lot of people come home from work on the day their stock market crashes, turn on the TV and learn of the crash. Their reaction is: "OMG" and they call their broker and tell him to sell, sell, sell! So expect another day or two of big drops, and then a bounce back. Probably a slow drift down for awhile after that."I hope I get to punch you in the face one day" - MRT144, Imran Siddiqui
'I'm fairly certain that a ban on me punching you in the face is not a "right" worth respecting." - loinburgerComment
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So, who's buying, then?
-Arriangrog want tank...Grog Want Tank... GROG WANT TANK!
The trick isn't to break some eggs to make an omelette, it's convincing the eggs to break themselves in order to aspire to omelettehood.Comment
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Contrarians.Originally posted by Arrian
So, who's buying, then?
-Arrian
Which of our zillionaires once explained that he got that way by being accommodating? "When people wanted to sell, I'd buy. And when they wanted to buy, I'd sell."Comment
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I meant of the polytubbies posting in this thread, Zkrib.
-Arriangrog want tank...Grog Want Tank... GROG WANT TANK!
The trick isn't to break some eggs to make an omelette, it's convincing the eggs to break themselves in order to aspire to omelettehood.Comment
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I have been buying China and will continue to buy China.
I haven't been buying S&P 500, but would consider it assuming a healthy decrease in the price. I have some cash lying around waiting for just such an occurrence...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, 1891Comment
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Wow, around a half hour ago, the US markets started falling off a cliff, then bounced. Hard. Look at this chart...Attached FilesI 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, 1891Comment
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Boooooiiiiiiinnnnnnggggg.
-Arriangrog want tank...Grog Want Tank... GROG WANT TANK!
The trick isn't to break some eggs to make an omelette, it's convincing the eggs to break themselves in order to aspire to omelettehood.Comment
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And the fall resumes...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, 1891Comment
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I'll wait a few days while the scardy cats bail, then I'll probably put a couple of grand in.Originally posted by Arrian
I meant of the polytubbies posting in this thread, Zkrib.
-ArrianComment
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quick check; when is the last year has there been a decline of over 2% on one day of tradin?"I hope I get to punch you in the face one day" - MRT144, Imran Siddiqui
'I'm fairly certain that a ban on me punching you in the face is not a "right" worth respecting." - loinburgerComment
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Don't recall. It probably has been several years.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, 1891Comment
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