Stock Market taking another dump.

• coyotes22

  

  vball10set;855122 wrote:[video=youtube;W4hfdaC7eL4][/video]

  
  post fail
• OneBuckeye

  

  So we are back up over 11,000 today. I'm sure it goes back down again tomorrow...
• FatHobbit

  

  When asked which way the stock market will go, JP Morgan replied "It will fluctuate"
• Heretic

  

  FatHobbit;856230 wrote:When asked which way the stock market will go, JP Morgan replied "It will fluctuate"

  
  Man, I should be a speculator if all there is to it is saying stuff like, "It will go between going up and going down." I mean, that's mind-fucking-blowing analysis right there!
• FatHobbit

  

  Heretic;856295 wrote:Man, I should be a speculator if all there is to it is saying stuff like, "It will go between going up and going down." I mean, that's mind-fucking-blowing analysis right there!

  
  From some of the people I know you don't have to be real bright. Just enthusiastic enough to get other suckers to let you invest their money.
• McFly1955

  

  back up 323 pts as of now --- what the eff is going onnnnnnnnn
  
  edit: minutes later -- 420+
  
  
  A lot of people who called me or went online to put their money into conservative investments yesterday will not be happy....
• gorocks99

  

  Just crossed +430
• RedRider1

  

  It's up about 600 pts. from just 90 minutes ago.
  
  Maybe it's got something to do with the Fed saying they're going to continue propping the economy up (read: printing money) for another 2 years.
• iclfan2

  

  Bernanke is a total douche bag. Let interest rates fluctuate with the market you POS. Artificially keeping the rates down is ridiculous.
• OneBuckeye

  

  and boom goes the dynamite. Never would have guessed this was going to happen today.
• fan_from_texas

  gut;855451 wrote:This is the power of dollar-cost averaging and periodic re-balancing. Very simple concepts that can substantially reduce volatility with little effort on the part of the investor (note: save a few bucks trying to rebalance when adding more principle, avoiding the extra transaction fee buying and selling to rebalance).
  
  I don't buy individual stocks, I invest in countries or sectors, across bonds/equities/commodiities. Simple asset allocation and forget about it, and I tweak it occasionally with where I see risks and opportunities.

  
  Exactly. I don't plan to retire for another 40 years, so this isn't a big deal. I keep investing and looking longterm.
  
  The real issue is if the economy slips into another recession and then we have more job losses--I'm not sure the system (particularly real estate) could handle another shock.
• gut

  fan_from_texas;857500 wrote:I'm not sure the system (particularly real estate) could handle another shock.

  
  Investors have money sitting on the sidelines, and the reality is rents are already well over prices in many areas. More people losing their homes would only further increase the demand for rent, so I'd expect a floor to form pretty quickly from these levels.
• McFly1955

  

  gut;857804 wrote:rents are already well over prices in many areas

  
  
• McFly1955

  

  Up 500+ today --- wow.
  
  Imagine if you were some stock market guru buying low and selling high all week, you could buy $12 memberships for the entire world with those returns.
• Tobias Fünke

  

  McFly1955;858973 wrote:Up 500+ today --- wow.
  
  Imagine if you were some stock market guru buying low and selling high all week, you could buy $12 memberships for the entire world with those returns.

  
  The huge gains after the drastic falls were easy to see. I wish I had some wherewithal.
• FatHobbit

  

  McFly1955;858973 wrote:Up 500+ today --- wow.
  
  Imagine if you were some stock market guru buying low and selling high all week, you could buy $12 memberships for the entire world with those returns.

  
  If I only had a time machine...