My prediction for the next 12 months... PAIN, PAIN, and more PAIN.. - GoFuckYourself.com - Adult Webmaster Forum

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marketsmart

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#1

My prediction for the next 12 months... PAIN, PAIN, and more PAIN..

10-08-2008, 03:55 PM

read between the lines...

the global financial system lowered rates simultaneously...

the US govt dumped $900 billion into the market last night...

bank of englend announced its $350 billion bailout plan

every world market took a big hit today..

etc, etc, etc....

if you dont think the sky is falling, at least think about buying an umbrella....

i strongly suggest that everyone has at least enough liquid cash to survive for 12 months if your monthly income was cut off today...
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RKLover

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#2

10-08-2008, 03:58 PM

i have a tent, backpack, sleeping bag, rifle and two years take home pay

it might not be enough

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#3

10-08-2008, 03:59 PM

Is there an upcoming shortage of hoes that I don't know about?

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marketsmart

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#4

10-08-2008, 04:00 PM

Originally posted by BVF

Is there an upcoming shortage of hoes that I don't know about?

no, but there's an upcoming shortage of people with credit cards that arent maxed out....
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#5

10-08-2008, 04:16 PM

Has the current mess affected your forex profits?

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GrouchyAdmin

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#6

10-08-2008, 04:19 PM

Originally posted by lazycash

Has the current mess affected your forex profits?

Fake money loss, fake money gain..

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marketsmart

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#7

10-08-2008, 04:22 PM

Originally posted by lazycash

Has the current mess affected your forex profits?

its pretty volatile lately... i took a big hit 2 weeks ago.. still recovering from that...
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marketsmart

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#8

10-08-2008, 04:28 PM

Originally posted by GrouchyAdmin

Fake money loss, fake money gain..
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#9

10-08-2008, 04:54 PM

Fear fear fear.

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marketsmart

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#10

10-08-2008, 05:02 PM

Originally posted by kandah

Fear fear fear.

denial, denial, denial....

there is nothing to fear if you are prepared...
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#11

10-08-2008, 05:12 PM

Originally posted by BVF

Is there an upcoming shortage of hoes that I don't know about?

Word around here (porn valley) is even the hoes are hurting...the porn girls aren't getting the work they used to get.

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Pleasurepays

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#12

10-08-2008, 05:28 PM

bad economy = more content and cheaper content
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#13

10-08-2008, 08:43 PM

Its amazing how our instutitions disregarded safety nets! Their talkin' trillions of unsecured debt... not 700 billion to rescue...trillions.
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#14

10-08-2008, 08:48 PM

Originally posted by xxxjay

Word around here (porn valley) is even the hoes are hurting...the porn girls aren't getting the work they used to get.

yep. studios aren't shooting near as much as they were. hell, half of em are struggling to keep the lights on.

i am gonna go out on a limb and say that with the credit market frozen, banks not issuing new cards, banks reducing peoples credit lines, and the housing market not even bottomed yet, i'd say that its going to be pretty interesting up until around february or so.

you don't just rebound an economy in a month or so. real estate pros are predicting the housing market to bottom completely in early february before it starts coming back up.
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#15

10-08-2008, 08:55 PM

Originally posted by A1R3K

yep. studios aren't shooting near as much as they were. hell, half of em are struggling to keep the lights on.

i am gonna go out on a limb and say that with the credit market frozen, banks not issuing new cards, banks reducing peoples credit lines, and the housing market not even bottomed yet, i'd say that its going to be pretty interesting up until around february or so.

you don't just rebound an economy in a month or so. real estate pros are predicting the housing market to bottom completely in early february before it starts coming back up.

if there is one thing we can learn from the past 12 months it is that those so called pros know shit, the been predicting a bottom forever and they been wrong non stop, when you have warren buffet say he never seen anything like this and he cannot say when it will start some turn around pretty much you cant listen to nobody.

best advice is save as much cash as you can and if you are going to play the markets or real estate do it with money you can afford to lose

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#16

10-08-2008, 09:02 PM

Originally posted by marketsmart

read between the lines...

the global financial system lowered rates simultaneously...

the US govt dumped $900 billion into the market last night...

bank of englend announced its $350 billion bailout plan

every world market took a big hit today..

etc, etc, etc....

if you dont think the sky is falling, at least think about buying an umbrella....

i strongly suggest that everyone has at least enough liquid cash to survive for 12 months if your monthly income was cut off today...

Seriously I agree

shit is going to hit the fan wayyy harder than most realize

Even AMEX reduced my credit limit by 2k last week for no reason at all

I am 65% stocks and 20% liquid down from 90% stocks and property last year.... I jumped out with a large dump of sun micro at 8.6 and got back in today at 6.70 on with 80k

I plan to ride that biotch until google or microsoft or somebody opens their eyes and keep everything else the same
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#17

10-08-2008, 11:41 PM

With $700 Billion up for grabs, I'm filling out my paperwork and goin' to the bank for a pickup full o' money!!
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#18

10-09-2008, 12:01 AM

All the measures being announced are short term and that's what's needed today. The long term solution is easy to say and hard to produce.

Today the "West" does not produce enough goods of it's own to sell to the emerging countries and countries like the Oil States, Arabia, etc. We are importing billions in cheap goods produced in countries like China or oil from countries like Saudi and until we correct this imbalance we will be reliant on borrowing money to pay for the luxuries we consume.

Some of the West's strengths were banking, insurance, commodity and share dealings, they don't seem so good now. We have to get back to producing goods we can sell to the countries we now buy from. Otherwise we will never get out of the mess we are in today.

I told you the solution was easy to say and hard to produce.

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#19

10-09-2008, 12:07 AM

Tanks, bombs, rifles......arms sales are up 300% under Bush to $32 billion last year.

A real growth industry for the USA.
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#20

10-09-2008, 12:07 AM

i would predict the housing market will keep falling for another year

maybe longer even...next feb...not gonna be it
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#21

10-09-2008, 10:40 AM

"read between the lines..."

I see...a grey emptyness
What did I win ?
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tony286

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#22

10-09-2008, 11:11 AM

I was reading yesterday about banks lowering open credit lines.That scares the shit out of me. Credit cards are a big part of what we do.
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