Well, the stock market is taking a crap - GoFuckYourself.com

BRISK · 03-24-2003, 08:49 AM

Dow is down over 3% today and still dropping.

B40 · 03-24-2003, 08:51 AM

Ouch....it's just giving back some of it's gains from last week

G Sharp · 03-24-2003, 08:53 AM

Perfect time to short stocks, right now. My suspicion is that 5,000 to 6,000 DJIA is achievable within a year/year & a half

BRISK · 03-24-2003, 08:53 AM

Quote:

Originally posted by B40
Ouch....it's just giving back some of it's gains from last week

Yeah, sucks though. I don't mind it giving up some gains, but the 3% mark is a lot for 1 day.

FlyingIguana · 03-24-2003, 09:07 AM

i haven't checked out cnbc today, but i'm assuming its just profit taking. maybe some concerns that the war won't go over so easy. US$ seems to be a bit weaker today, so there must be some concerns about the war.

KRL · 03-24-2003, 09:08 AM

Any of you guys around in October '87 when it tanked 25% overnight. Hehehe that was a real eye opener.

G Sharp · 03-24-2003, 09:13 AM

Quote:

Originally posted by KRL
Any of you guys around in October '87 when it tanked 25% overnight. Hehehe that was a real eye opener.

And cash money maker for the true pimps that swooped in.

I wouldn't go in the market right now unless I'm shorting. I'd say the real playas will cash in when the market corrects itself at 6,000 or 5,000.

FlyingIguana · 03-24-2003, 09:20 AM

Quote:

Originally posted by G Sharp

And cash money maker for the true pimps that swooped in.

I wouldn't go in the market right now unless I'm shorting. I'd say the real playas will cash in when the market corrects itself at 6,000 or 5,000.

unless something drastic happens, the dow won't see 6k. stocks aren't a value right now overal, but i don't see it dropping that much. most likely to be going sideways for a while.

BRISK · 03-24-2003, 09:32 AM

Quote:

Originally posted by FlyingIguana

unless something drastic happens, the dow won't see 6k. stocks aren't a value right now overal, but i don't see it dropping that much. most likely to be going sideways for a while.

I agree. The market aint gonna do anything spectacular in 2003.

benthompson · 03-24-2003, 09:37 AM

that was obvious that it would go down

hershie · 03-24-2003, 09:40 AM

Quote:

Originally posted by BRISK

I agree. The market aint gonna do anything spectacular in 2003.

The market has never had 3 years in a row of decline. Hope history has bearing; my mutual funds have taken enough of a pounding.

Mutt · 03-24-2003, 09:41 AM

ben what's up with this shopping cart software of yours? I clicked on the link and it's dead.

reynold · 03-24-2003, 11:12 AM

When you have the money to do it, just take options. (puts/calls)

hershie · 03-24-2003, 11:30 AM

Quote:

Originally posted by reynold
When you have the money to do it, just take options. (puts/calls)

Sounds extremely risky compared to slow and steady in equities.

03-24-2003, 08:49 AM	#1
BRISK Too lazy to set a custom title Join Date: Feb 2003 Posts: 12,240	Well, the stock market is taking a crap Dow is down over 3% today and still dropping. __________________ I post on GFY so that when people ask me what I do, I can tell them that I work with the mentally retarded.

03-24-2003, 08:51 AM	#2
B40 Confirmed User Join Date: Jul 2001 Posts: 7,020	Ouch....it's just giving back some of it's gains from last week __________________

03-24-2003, 09:37 AM	#10
benthompson Confirmed User Join Date: Mar 2002 Posts: 553	that was obvious that it would go down __________________ No signature.. I am bored of the signatures aswell..

03-24-2003, 09:41 AM	#12
Mutt Too lazy to set a custom title Industry Role: Join Date: Sep 2002 Posts: 34,431	ben what's up with this shopping cart software of yours? I clicked on the link and it's dead. __________________ I moved my sites to Vacares Hosting. I've saved money, my hair is thicker, lost some weight too! Thanks Sly!

03-24-2003, 08:53 AM	#3
G Sharp So Fucking Banned Join Date: May 2002 Posts: 1,343	Perfect time to short stocks, right now. My suspicion is that 5,000 to 6,000 DJIA is achievable within a year/year & a half

03-24-2003, 09:07 AM	#5
FlyingIguana aspiring banker Join Date: Mar 2002 Location: toronto Posts: 10,870	i haven't checked out cnbc today, but i'm assuming its just profit taking. maybe some concerns that the war won't go over so easy. US$ seems to be a bit weaker today, so there must be some concerns about the war.

03-24-2003, 09:08 AM	#6
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	Any of you guys around in October '87 when it tanked 25% overnight. Hehehe that was a real eye opener.

03-24-2003, 11:12 AM	#13
reynold Too lazy to set a custom title Join Date: Oct 2002 Location: Global Traveler Posts: 51,271	When you have the money to do it, just take options. (puts/calls)