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-   -   Free Fall! (http://www.striped-bass.com/Stripertalk/showthread.php?t=53262)

BigFish 11-20-2008 03:43 PM

Free Fall!
 
Just watched the Dow drop 150 points in 60 seconds!!!:doh:

UserRemoved1 11-20-2008 03:52 PM

150 points is not a free fall Larry. Don't sit and watch it because it will vary widely all day depending on who bought and sold what. I've seen it drop 150 points in alot less time than that.

Go make some plugs or something the world don't revolve around the stock market and it's not worth sitting worrying about it.

RIJIMMY 11-20-2008 04:20 PM

But over 400.......

Nebe 11-20-2008 04:40 PM

400 points is only a bit over 5%.. thats no free fall. If it droped 20% in a day.. that is a free fall.

eastendlu 11-20-2008 05:19 PM

The stock in the company i work for is at 3 cents.:shocked:

The Dad Fisherman 11-20-2008 06:05 PM

My little nest egg stock GE has dropped from $36 a share down to $12......66% :wall: in the past month or so.

UserRemoved1 11-20-2008 06:16 PM

ALMOST TIME to BUY TDF

Quote:

Originally Posted by The Dad Fisherman (Post 639640)
My little nest egg stock GE has dropped from $36 a share down to $12......66% :wall: in the past month or so.


The Iceman 6 11-20-2008 06:42 PM

Quote:

Originally Posted by #^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^& (Post 639646)
ALMOST TIME to BUY TDF

Salty tells it like it is.

BigBo 11-20-2008 06:59 PM

When the DOW tumbles like it has every day for a while now, why are they all smiles, cheering, and clapping at the closing bell at the end of the trading day?:huh:

BigFish 11-20-2008 07:18 PM

Because at the end of the day they still have a job!!:rotf3:

striperman36 11-20-2008 07:49 PM

Havent heard of any stockbrokers taking the express elevator down yet.

cheferson 11-20-2008 07:58 PM

Nows a great time to have nothing :) . If you dont have anything , you cant really lose anything :) . Im glad i dont owe any credit cards money and have no car payment :) . The wife and I are just waiting for the market to bottom out before we start investing .

spence 11-21-2008 06:20 AM

Quote:

Originally Posted by cheferson (Post 639676)
The wife and I are just waiting for the market to bottom out before we start investing .

I'd be wary of trying to time the market unless you had a lot of extra scratch to loose.

-spence

Nebe 11-21-2008 04:09 PM

oh my god it went up 400 in an hour... the world is saved :hihi:

EarnedStripes44 11-21-2008 04:15 PM

Quote:

Originally Posted by cheferson (Post 639676)
Nows a great time to have nothing :) . If you dont have anything , you cant really lose anything :) . Im glad i dont owe any credit cards money and have no car payment :) . The wife and I are just waiting for the market to bottom out before we start investing .

AMEN to that...

RIJIMMY 11-21-2008 04:40 PM

Its down over 2000pts from 5 years ago

GattaFish 11-21-2008 04:54 PM

Quote:

Originally Posted by RIJIMMY (Post 639946)
Its down over 2000pts from 5 years ago

Its down over 6000pts since October last year....:wavey:

BigFish 11-21-2008 06:18 PM

There is nothing wrong though.....the fact its down by 50% in a tad over a year just signals a slowdown!:tm:

GattaFish 11-21-2008 11:24 PM

No worries here,,,,,:spin::spin:


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