Forum Settings
       
Reply To Thread

Stock up on water and flourFollow

QuoteReply
#1 Feb 27 2007 at 1:17 PM Rating: Good
__DEL__1595780782613
View User Forum
Sage
**
764 posts
Quote:
NEW YORK - Stocks plummeted Tuesday, briefly hurtling the Dow Jones industrials down nearly 550 points as Wall Street succumbed to a global market plunge sparked by growing concerns that the U.S. and Chinese economies are cooling and that equities prices have become overinfla




link=http://news.yahoo.com/s/ap/20070227/ap_on_bi_st_ma_re/wall_street

DK

Edited, Feb 27th 2007 4:17pm by Darkknight
▲ Page top
QuoteReply
#2 Feb 27 2007 at 1:22 PM Rating: Excellent
Jophiel
View User Forum
Liberal Conspiracy
*******
TILT
Are we making unleavened bread?
____________________________
Belkira wrote:
Wow. Regular ol' Joph fan club in here.
▲ Page top
QuoteReply
#3 Feb 27 2007 at 1:23 PM Rating: Excellent
Nexa
Nexa
*****
12,065 posts
Jophiel wrote:
Are we making unleavened bread?


Elmer's bottomed out.

Nexa
____________________________
“It has always been the prerogative of children and half-wits to point out that the emperor has no clothes. But a half-wit remains a half-wit, and the emperor remains an emperor.”
― Neil Gaiman, The Sandman, Vol. 9: The Kindly Ones
▲ Page top
QuoteReply
#4 Feb 27 2007 at 1:29 PM Rating: Decent
__DEL__1591777427374
View User Forum
Scholar
***
2,699 posts
The Article wrote:

"Because the worst of the plunge took place after 2:30 p.m., the New York Stock Exchange's trading limits, designed to halt such precipitous moves, were not activated. "


They might want to look into fixing this. Some kind of market stability would likely prevent abuse.
▲ Page top
QuoteReply
#5 Feb 27 2007 at 1:32 PM Rating: Good
bodhisattva
Drama Nerdvana
******
20,674 posts
Greenspan said yesterday wrote:
Now that former Federal Reserve Chairman Alan Greenspan has left office, he is freer to speak his mind about the state of the economy.

And so on Monday, he warned that a recession might be coming in the U.S. by year's end. It sent shudders through financial markets. He's sort of a King Kong when it comes to forecasting.

He said in a satellite hookup to a Hong Kong business conference that the economy has been rising since 2001 and might be in for a fall.


http://newsblogs.chicagotribune.com/news_theswamp/2007/02/greenspan_reces.html


ZOMG Greenspan is prescient!

____________________________
Bode - 100 Holy Paladin - Lightbringer
▲ Page top
QuoteReply
#6 Feb 27 2007 at 1:35 PM Rating: Good
Nobby
Ministry of Silly Cnuts
*****
19,524 posts
I was going to create a thread about this called "A Butterfry fraps its wings..."

How strange for someone of my generation to get my head around the concept of a Chinese Stock Exchange. . . never mind it rippling across Wall Street and the City of London.

So don't just stock up on flour and water.

Invest in Chinese Industry now! Buy a Chevvy or a Jaguar!

What? They're not Chinese owned? OK - give it a few weeks.
____________________________
"I started out with nothin' and I still got most of it left" - Seasick Steve
▲ Page top
QuoteReply
#7 Feb 27 2007 at 2:16 PM Rating: Decent
Smasharoo
Lunatic
******
30,086 posts

Some kind of market stability would likely prevent abuse.

Of what?
____________________________
Disclaimer:

To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.

▲ Page top
QuoteReply
#8 Feb 27 2007 at 2:30 PM Rating: Excellent
Samira
View User Forum
Will swallow your soul
******
29,360 posts
Nexa wrote:
Jophiel wrote:
Are we making unleavened bread?


Elmer's bottomed out.

Nexa


We're going to use our stock certificates and make papier mache?
____________________________
In a time of universal deceit, telling the truth is a revolutionary act.

▲ Page top
QuoteReply
#9 Feb 27 2007 at 2:44 PM Rating: Excellent
Allakhazam
View User Forum
The man who started it all!
***
1,635 posts
Time to do some bargain hunting
____________________________
[wowsig]1855[/wowsig]
▲ Page top
QuoteReply
#10 Feb 27 2007 at 2:50 PM Rating: Decent
Smasharoo
Lunatic
******
30,086 posts

Time to do some bargain hunting

Probably not yet. If it's an actual correction you'll likely see another 1-2% drop tomorrow where you could pick up Intel at 19 or whatever.
____________________________
Disclaimer:

To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.

▲ Page top
QuoteReply
#11 Feb 27 2007 at 2:55 PM Rating: Decent
RedPhoenixxx
View User Forum
Sage
****
7,735 posts
Allakhazam Defender of Justice wrote:
Time to do some bargain hunting


Yeah, that Mage could really use some decent gear.
____________________________
My politics blog and stuff - Refractory
▲ Page top
QuoteReply
#12 Feb 27 2007 at 3:17 PM Rating: Decent
__DEL__1591777427374
View User Forum
Scholar
***
2,699 posts
Smasharoo wrote:
I wrote:

Some kind of market stability would likely prevent abuse.


Of what?


Of unstable prices just after precipitous drops "crashes" in the entire market. I thought that would be self evident. Of course, for an inveterate gambler like yourself, my suggestion would seem to quash the great potential for acquisition in such circumstances.

Although it may seem like science fiction, it may also help prevent a cadre of Enron-types from actually crashing the market, intentionally, with the assistance of technology.
▲ Page top
Reply To Thread

Colors Smileys Quote OriginalQuote Checked Help

 

Recent Visitors: 304 All times are in CST
Anonymous Guests (304)
© 2024 Fanbyte LLC