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EscortBiz · 10-10-2008, 07:37 PM

Well I bet many have this same very question, but here is what id like to break down and talk about:

a) many say that the opportunity is now and it will start going back up soon.

Well are they saying the dow will simply start going up up up and within a month we will be at say 10,000 or 11,000?

b) Credit card companies have not really noticed the huge effect this will have on them, unlike a home loan where you must pay the entire amount a credit card you can make small monthly min. payments that add up overtime to bigger and bigger payments, when will these companies start doing serious write down on bad credit card debt especially as in the past 10 years getting a few cards with a total of 50-100k in credit lines was not uncommon at all.

c) Jobs are bad in this country when shit like this happen companies just cut back on employees even those with cash who can afford them (i.e. ebay), will they simply start rehiring everyone because the dow is going up?

I dont know much, im more of a plain thinker, im sure there is more to this market than I can grasp but those are my concerns to the negative.

But here is why I feel we might have a big run up.

Almost every expert agrees that a huge amount of selling this week was out of fear, back in the day the biggest danger to the financials was people getting worried and making a run on the bank, running to get their cash out.

Back in the day for example in 87 the crash was over a 2 day period, meaning the major drops, this week we had a whole week pretty much that killed.

Can it be that because we have millions of people with td ameritrade and scott-trade and etrade account that this in turn created a "run on the market?"

Now using this same thinking will these people now have the same fear on the way up where they fear missing out and they will start buying?

10-10-2008, 07:37 PM
EscortBiz Fuck Checks, CASH only! Join Date: May 2002 Location: New York City Posts: 19,422	Well I bet many have this same very question, but here is what id like to break down and talk about: a) many say that the opportunity is now and it will start going back up soon. Well are they saying the dow will simply start going up up up and within a month we will be at say 10,000 or 11,000? b) Credit card companies have not really noticed the huge effect this will have on them, unlike a home loan where you must pay the entire amount a credit card you can make small monthly min. payments that add up overtime to bigger and bigger payments, when will these companies start doing serious write down on bad credit card debt especially as in the past 10 years getting a few cards with a total of 50-100k in credit lines was not uncommon at all. c) Jobs are bad in this country when shit like this happen companies just cut back on employees even those with cash who can afford them (i.e. ebay), will they simply start rehiring everyone because the dow is going up? I dont know much, im more of a plain thinker, im sure there is more to this market than I can grasp but those are my concerns to the negative. But here is why I feel we might have a big run up. Almost every expert agrees that a huge amount of selling this week was out of fear, back in the day the biggest danger to the financials was people getting worried and making a run on the bank, running to get their cash out. Back in the day for example in 87 the crash was over a 2 day period, meaning the major drops, this week we had a whole week pretty much that killed. Can it be that because we have millions of people with td ameritrade and scott-trade and etrade account that this in turn created a "run on the market?" Now using this same thinking will these people now have the same fear on the way up where they fear missing out and they will start buying? __________________ Spanking, Medical Fetish, Sleeping, Strap-on Anal Lesbians, Girls Fucking Guys, Handjob site REAL HOT, Shemales, Anal and Ass Licking sites 100% Real EXCLUSIVE with amazing retention, ccbill payouts, lots of content FREE FTP HOSTING Promote the largest and oldest member paid escort site, Converts 10 times better then any dating site, CCBill payouts ICQ# 158802076 Last edited by EscortBiz; 10-10-2008 at 07:40 PM..