09-19-2001, 12:55 PM
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Confirmed User
Join Date: Aug 2001
Location: Kimmykims couch
Posts: 6,110
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Quote:
Originally posted by JakeR:
Yea it's rough, but too many people on this board are stressing when they really shouldn't.
look at stats after past crises's.
cuban missle crisis- stocks were down almost 10%, 60 days later it was up 22%.
JFK assasination, down 3%, 60 days later it was up 13%
Oil embargo, price went down 18%, went back up 10%
Gulf war, 4%, shot back up to almost 20%
Yea stocks are going to go down now, and now's the time for investors to pour $ into the market to take advantage of long-term gains
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huh
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