Stock Markets In Free Fall - NY Opens In 3 Hours

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Stock Markets in Free Fall - NY opens in 3 hours Jan 22, 2008
Concord
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Jan 22, 2008
Lot of people r watching and getting involved in the monkey trick of stock exchange.. And one US recession can still send out world wide vibes.. thats a powerful economy.. but sadly not a very positive signal
St.Lucifer
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Jan 22, 2008
St.Lucifer wrote:Lot of people r watching and getting involved in the monkey trick of stock exchange.. And one US recession can still send out world wide vibes.. thats a powerful economy.. but sadly not a very positive signal


It is not in recession until you have 2 successive quarters of negative growth.

Until that has been announced it is not a recession.

Edit: I should elaborate this is not a speculative question.. it just simply either is or isn't in recession. No maybe or grey areas.
^ian^
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Jan 22, 2008
^ian^ wrote:
St.Lucifer wrote:Lot of people r watching and getting involved in the monkey trick of stock exchange.. And one US recession can still send out world wide vibes.. thats a powerful economy.. but sadly not a very positive signal


It is not in recession until you have 2 successive quarters of negative growth.

Until that has been announced it is not a recession.

Edit: I should elaborate this is not a speculative question.. it just simply either is or isn't in recession. No maybe or grey areas.


My bad .. a probable recession singals sent out by some agency..
St.Lucifer
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Jan 22, 2008
St.Lucifer wrote:
^ian^ wrote:
St.Lucifer wrote:Lot of people r watching and getting involved in the monkey trick of stock exchange.. And one US recession can still send out world wide vibes.. thats a powerful economy.. but sadly not a very positive signal


It is not in recession until you have 2 successive quarters of negative growth.

Until that has been announced it is not a recession.

Edit: I should elaborate this is not a speculative question.. it just simply either is or isn't in recession. No maybe or grey areas.


My bad .. a probable recession singals sent out by some agency..


Well, it's just all the buzzing bobbing around "is the USA in recession?" - well, no it's not because there hasn't be results posted for 2 successive quarters of negative growth. When there are, then it is in recession. Until then, it is not in recession.

It will most very likely BE in recession WHEN the quarters results are ACTUALLY posted... but that's not even a surety.
^ian^
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Jan 22, 2008
what ever said.. ppl all over the world.. especially in India n back home.. are loosing money.. :(
St.Lucifer
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Jan 22, 2008
St.Lucifer wrote:what ever said.. ppl all over the world.. especially in India n back home.. are loosing money.. :(


Time to break out the Baked Beanz.
^ian^
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Jan 22, 2008
A few choice nuggets of advice I have read are:

"Never invest more than you can afford to lose."

and

"The most expensive words in the English language are 'This time it's different' "


Cheers,
Shafique
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Jan 22, 2008
Looks like the Fed has panicked and cut interest rates by .75% to 3.5%!!
:shock: :shock:
shafique
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Jan 23, 2008
shafique wrote:A few choice nuggets of advice I have read are:

"Never invest more than you can afford to lose."

and

"The most expensive words in the English language are 'This time it's different' "


Cheers,
Shafique


Sadly one cant afford to lose any of one's investments..
Well.. gotta see how markets are gonna react to the interest cut news..
St.Lucifer
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Jan 23, 2008
what ever said.. ppl all over the world.. especially in India n back home.. are loosing money..


People Shouldnt Put Their All Money In Only One Direction. Because, When There Is Problem From That Direction, You WIll Depend On That- Both For Success And WIth Failure.

Diversification Is Very Important.
orik
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Jan 23, 2008
St.Lucifer wrote:Sadly one cant afford to lose any of one's investments..
Well.. gotta see how markets are gonna react to the interest cut news..


Investing in a stock market for capital gains is no more than gambling - hence one should not put in money one cannot afford to lose. This is rule number 1 of investment.

Unfortunately, this is not the only 'fundamental' rule that people wishfully think 'does not apply this time'.

Cheers,
Shafique
shafique
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Jan 23, 2008
Well... the blood letting has begun and we're on the verge of a worldwide downturn economically.

If the price of oil hits $150 there's a lot of screwed cats.
^ian^
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Jan 23, 2008
shafique wrote:
St.Lucifer wrote:Sadly one cant afford to lose any of one's investments..
Well.. gotta see how markets are gonna react to the interest cut news..


Investing in a stock market for capital gains is no more than gambling - hence one should not put in money one cannot afford to lose. This is rule number 1 of investment.

Unfortunately, this is not the only 'fundamental' rule that people wishfully think 'does not apply this time'.

Cheers,
Shafique


Shurely shome mishtake! Gambling is illegal here. But they have a stock market. Does The Boss know?

:shock: :shock: :shock:

Knight
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Jan 23, 2008
Doh! Silly me.

Next I'll be saying something sillier like 'lotteries are gambling'!

:shock:
shafique
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Jan 23, 2008
shafique wrote:Doh! Silly me.

Next I'll be saying something sillier like 'lotteries are gambling'!

:shock:


Or 'Take a gamble on winning this 4x4 Nissan Patrol, by spending 30dhs. in this petrol station...'?

:shock: :shock: :shock:

Knight
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Jan 23, 2008
If the price of oil hits $150 there's a lot of screwed cats.


Germany Experts Claim It Will 200$ In Near Future. :oops: :oops: :oops:
orik
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Jan 23, 2008
shafique wrote:
St.Lucifer wrote:Sadly one cant afford to lose any of one's investments..
Well.. gotta see how markets are gonna react to the interest cut news..


Investing in a stock market for capital gains is no more than gambling - hence one should not put in money one cannot afford to lose. This is rule number 1 of investment.

Unfortunately, this is not the only 'fundamental' rule that people wishfully think 'does not apply this time'.

Cheers,
Shafique


Hmmmm with the Govt eating 30 % of income in tax and 3% surcharge and VAT PAT MAT CAT etcs one doesnt have much options left.. And
I've also heard another very interesting story of stock market being compared to Monky trade.. thats another thing..
Having said that.. its more of a calculated gamble.. (especially in case of MFs) I think.. a lot of smart people out there make a lot of money and it gives some kickthigh(since a55 is a bad word) salaries to those financial/equity analysts/ fund managers etc.
St.Lucifer
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Jan 23, 2008
St.Lucifer wrote:stock market being compared to Monky trade..


Enough already with the racism.
Dr.D
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Jan 23, 2008
monkey trade. ... :oops: atleast let it be spelt correct.. I'm no racist.. I meant. Maaan ki...
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