glad I didn't listen to your stupid ass

In May the asshole said things would have bottomed out in middle of the summer


Look at all this sort of crazy shit, asian markets are going fucking wild right now.

9/17/2008 11:18:48 PM

k

9/17/2008 11:20:29 PM

i'm smarter than a lot of people

ya don't see me making threads about it

9/17/2008 11:20:36 PM

i'm smarter than a lot of people

ya don't see me making threads about it

9/17/2008 11:31:58 PM

Of my 400 something dollars in stock investments I have like 330 left right now.

9/17/2008 11:33:43 PM

remember when Bush said we should put all our social security into private companies.

that was an awesome idea.

9/17/2008 11:34:01 PM

If I made threads every time this happened I would blow this message board up.

9/17/2008 11:45:20 PM

HANG SENG 16,482.96 -1,154.23

Holy fuck glad I don't have anything in stocks right now.

9/18/2008 12:01:55 AM

HOLY FUCK NUGGET!

9/18/2008 12:02:30 AM

Australia ASX 100 -133.90 -3.47% 3,700.50 9/18 1:48pm
Australia ASX All Ords -170.10 -3.54% 4,599.60 9/18 1:48pm
Australia ASX Mid-cap 50 -170.50 -3.61% 4,610.80 9/18 1:48pm
Hong Kong Hang Seng -1,343.79 -7.34% 16,293.40 9/18 11:53am
Hong Kong HSCC Red Chip -189.78 -5.75% 3,037.68 9/18 11:53am
Japan Nikkei 225 -425.12 -3.62% 11,324.67 9/18 12:45pm

9/18/2008 12:10:08 AM

WHAT DO THOSE NUMBERS MEAN?

9/18/2008 12:12:03 AM

^every major world market is down ~5%. carry on.

9/18/2008 12:27:29 AM

Holy fuck nugget, Scooby.

9/18/2008 12:33:29 AM

Wow. 5% of the money on the planet effectively evaporated in a day.

9/18/2008 1:49:55 AM

im smarter than everyone here.

i think i'll make a thread about it.

9/18/2008 1:57:12 AM

the real question is: are you smarter than a 5th grader?

9/18/2008 2:05:05 AM

no. but this site is full of 4th graders masquerading as washed up college kids.

so my original statement holds true

9/18/2008 2:13:18 AM

9/18/2008 2:18:18 AM

9/18/2008 2:24:33 AM

Good thing I have nothing to lose.

9/18/2008 2:52:58 AM

American market's not down today...?

9/18/2008 11:01:08 AM

180 billion in capital into the world market + 80 billion loan to AIG + general American bullishness will delay the next huge drop until WaMu, Goldman Sachs, or another Wall Street bank goes under.

9/18/2008 11:05:32 AM

i'm smarter than a lot of people

ya don't see me making threads bragging about it

9/18/2008 11:06:39 AM

I too am smarter than most people.

9/18/2008 11:07:56 AM

Quote :

"Wow. 5% of the money on the planet effectively evaporated in a day. "

FIAT!

9/18/2008 11:09:51 AM

FUCK WAMU THEY DESERVE TO GO UNDER

9/18/2008 11:11:14 AM

WAMU is way better than Bank of America. I'd dance a jig of joy if they tanked.

Also, I'm investing in Mason jars, meaning that I'm burying any savings I have in the backyard at this point.

9/18/2008 11:14:08 AM

So when you dig it up it'll be worth 1% of what it's worth now? If the economy is really going down the shitter, you actually want to buy as many useful goods as possible. Like guns.

9/18/2008 11:15:42 AM

Quote :

"WAMU is way better than Bank of America. I'd dance a jig of joy if they tanked."

with the recent aquistions of ml, etc

if boa goes down, it'll be a very very bad thing.

dancing a dig of joy while the world market collapses is pretty awesome.

9/18/2008 11:20:41 AM

motherfucker what you talkin bout

9/18/2008 11:21:02 AM

i have no idea.

9/18/2008 11:22:28 AM

lol

market timing

9/18/2008 11:30:08 AM

i'm smarter than a lot of people

ya don't see me making threads about it

9/18/2008 11:45:46 AM

Quote :

"So when you dig it up it'll be worth 1% of what it's worth now? If the economy is really going down the shitter, you actually want to buy as many useful goods as possible. Like guns."

There are different kinds of bear investments.

If you had bought gold last week, you would have raked up. That's because there's still some net amount of money/value present in the world, and those hard commodities are a safe haven in a sense.

But there again, if you buy them through a broker, you're compounding your risk of the price of gold with the risk that your broker will not have fled the country and took all your money - or went bankrupt, got shot, etc. This is where glass jars come into play.

Then there's the peak oil, we're going to all die kind of investment. That would mostly be stockpiles of food, fuel, and a crap load of guns. For not much more than a few 10k you can buy enough stuff to support you for the rest of your life and barricade yourself in somewhere.

The traditional "we're all going to die" investment has been bomb shelters, but the trend has moved away from those lately.

9/18/2008 12:17:07 PM

9/18/2008 5:04:27 PM

If the world burned down tomorrow I'd be ok. I don't have any compunctions about killing people, and I know basic survival skills. Shit, I've got enough debt that if the world economy collapsed I'd be better off.

9/18/2008 6:04:37 PM

Quote :

"ahah, I'm you guessed smarter better than a one financial advisor, once"

9/18/2008 7:02:33 PM