About stock market.

[alpine-frolic]

"This market is worse than a divorce: I've lost half my net worth and I
still have a wife"

[Sveta's Hero]

Now is the time to buy...buy...! Or is it bye-bye?

[Hoopy]

Someone will be making fortunes out of this,the UK goverment are talking about putting restrictions on the traders betting the market will go down.

[huney]

Now is the time to buy...buy...! Or is it bye-bye?

It's only buy...buy IF you've got any money. Those who do are going to make a flippin' fortune :mad:

Maybe we should make another poll...How much have YOU lost?:Cry::Cry::Cry:



Short-sellers ought to be short-sheeted, short-changed, or just plain shortened - cut off at the knees might be good for a start.

[fbibob]

I am lucky. I jumped in with my retirement money when the bail-out looked like it was going to make the market happy, and jumped back out after only losing 8 or 9 per cent of my money. Today, the market only dropped a little, after setting a record of a 1000 point swing between open and lowest point. Maybe we are nearing the bottom.

The stupid thing, to those of us in the US, is that we were told the bail-out needed to happen to reassure wall street. As soon as it happened, wall street panicked because it was nothing but pork and socialist spending and everybody started selling.

[crocman]

As a trader I have done quite well during these volatile times. I do feel sorry for the people whose life savings, superannuation or pensions are tired up in it though. Many of the recent events are beyond their control. Where is the bottom? Who knows?? I suspect there will be more blood letting to come and that a full recovery will be many years away.

[huney]

The stupid thing, to those of us in the US, is that we were told the bail-out needed to happen to reassure wall street. As soon as it happened, wall street panicked because it was nothing but pork and socialist spending and everybody started selling.

IMO, better the bastards be hoisted by their own petard. Not only have many of us lost most of our life savings, but we have once again mortgaged our great-grandchildren's future for naught.

[Lucker]

Short-sellers ought to be short-sheeted, short-changed, or just plain shortened - cut off at the knees might be good for a start.[/QUOTE]

I genuinely do not follow this thought process .
How can it be OK to forecast something increasing in value but not OK to forecast that same thing falling in value?
I can understand that people acting in unison can panic a situation from bad to calamity . But by the same token , the market will bounce the value back, once hysteria has subsided .
Enlighten me please .

[huney]

Enlighten me please .

:o That was only one of several stupid comments born of late night utter panic. You may be acquainted with her - she is half-sister to sheer terror. Evidence would suggest that they and their bastard brother righteous indignation escaped from what ought to have been a very good bottle of Armagnac. Seems the brats also made off with the better part of it. A party of native Indian trackers has been dispatched in hope they may succeed in retrieving our good cousins patience and resolve.