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chris spiro
got that pma
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November 11 2008 2:18 PM   QuickQuote Quote  
^

Do you not realize that's how the stock market works, or were you laughing at something else?
cows spending money
abu ghraib valenti
839 Posts
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November 11 2008 4:31 PM   QuickQuote Quote  
Originally posted by:chris spiro

^

Do you not realize that's how the stock market works, or were you laughing at something else?
.

pretty much anyone who did what billylostin said there, when he said it, would have lost nearly half their money, and economists see no recovery in sight.
do YOU not realize that that's how this market has worked?
chris spiro
got that pma
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November 11 2008 7:13 PM   QuickQuote Quote  
lol, so you don't think the market is EVER going to rebound?
cows spending money
abu ghraib valenti
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November 11 2008 10:07 PM   QuickQuote Quote  
Originally posted by:chris spiro

lol, so you don't think the market is EVER going to rebound?


lol, not in the next few months, lol.
chris spiro
got that pma
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November 11 2008 10:37 PM   QuickQuote Quote  
Oh shit the next few months?

Clearly a guy who lol's at basic concepts like buying stocks as they drop and holding on to them for more than a few months should be talking about this.
Tim E. Husk
slavar som djur
19,110 Posts
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November 11 2008 11:06 PM   QuickQuote Quote  
i just can't stop loling at people in their very early 20's arguing about the stock market.

on a hardcore messageboard.
brian.
new cocks
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November 12 2008 1:23 AM   QuickQuote Quote  
give almost anyone on here $1000 in an etrade account and it would be gone in 15 minutes
brian.
new cocks
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November 12 2008 1:26 AM   QuickQuote Quote  
omg the S&P finished down today, better go post about it on pahc

*checks on retail student checking account...$87.39 balance*
cows spending money
abu ghraib valenti
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November 12 2008 7:58 AM   QuickQuote Quote  
Originally posted by:chris spiro

Oh shit the next few months?

Clearly a guy who lol's at basic concepts like buying stocks as they drop and holding on to them for more than a few months should be talking about this.


some economists say not for the next few years. but you go ahead and throw your money out the window while the market continues to decline, they could use the cash. clearly a guy who lol's at the worst market since the crash of the 1980's, possibly the 1930's, knows what he's talking about more than the world's best economists and the millions of seasoned investors pulling their money out. lol
chris spiro
got that pma
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November 12 2008 3:15 PM   QuickQuote Quote  
You know what? You're right Cows. History clearly shows us that panicking is the best course of action to take here.

1929? Best decision they made was panicking. Pulling money out of the banks and hoarding it fueled the fire, but the market was never going to recover anyway, so it didn't matter.

1987? Again, the panic strategy prevailed. Seasoned investors and the top economists of the time saved a fortune hiding in their bunkers and panicking during that brief downturn, and we're spot on when they predicted that the serious troubles would last "for years." (click here for link)

2008? Clearly the only logical thing to do here is to pull all of your money out of the bank, liquidate all of your stocks, prep your bag out, and above all get in to a real good panic. It's what every single one of the worlds top economists and seasoned investors are doing.
cows spending money
abu ghraib valenti
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November 12 2008 5:47 PM   QuickQuote Quote  
^that's some genius-level economic analysis there.

and oh yeah, the people that did manage to get their money out of the market in time in 1929 and 1987 are the ones who didn't lose everything when it collapsed, and went on to become the ones that ruled the rest of the century. good point, and lol@ what they're telling people in community college these days.
chris spiro
got that pma
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November 12 2008 9:03 PM   QuickQuote Quote  

^that's some genius-level economic analysis there.



Actually it's basic-level economics. You know, the shit most of us started to learn about in high-school?




and oh yeah, the people that did manage to get their money out of the market in time in 1929 and 1987 are the ones who didn't lose everything when it collapsed, and went on to become the ones that ruled the rest of the century.



Yeah, I mean either that or it was the one's who invested during the down turn, and made a killing when it went back up.

G uNiT UgLy
g@unit.cum
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November 12 2008 9:40 PM   QuickQuote Quote  
Originally posted by:chris spiro

Oh shit the next few months?

Clearly a guy who lol's at basic concepts like buying stocks as they drop and holding on to them for more than a few months should be talking about this.


jesus christ, matt.'s math skills must be infecting the entire board. you don't make money by investing when stocks are going down, you make money by investing when they are going up. and if like a lot of actual experts are saying, this market is going to continue to drop for quite some time, and then level out for at least a year or so, any money anyone puts into it right now will be wiped out in a few months and any that isn't will just break even and might not even keep up with inflation. but i'm glad there are so many idiots out there still willing to lose money with no appreciable learning curve. that's what makes the world go round.
this discussion just keeps getting retardeder and retardeder.
G uNiT UgLy
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November 12 2008 9:44 PM   QuickQuote Quote  
Originally posted by:chris spiro

Yeah, I mean either that or it was the one's who invested during the down turn, and made a killing when it went back up.




it crashed in 1929 and didn't go back up until the 1940's, over ten years later... that's a bit long for a return for most people.
G uNiT UgLy
g@unit.cum
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November 12 2008 9:52 PM   QuickQuote Quote  
also, if i remember my history correctly, the investors that survived the great depression were the ones who got their money out before the downturn and reinvested it after it had taken its toll, not during the fall.
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