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| Posted By | Discussion Topic: It's 11 am and the DOW is down 462 points! | ||||
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| Drunken GW I Pissed on a Church to get this Status. | posted on 09-17-2001 @ 10:58 AM |    | |||
| O&A Board Regular Registered: Dec. 00  | And this is with Alan Greenspan lowering interest rates half a percentage point. Glad I don't own any airline stocks! AMR Corp, which owns American and TWA down 12.12 points, from 29.70 to 17.58 UAL Corp, which owns United, down 12.57 points, from 30.82 to 18.25 Delta Air Lines, down 14.55 points, from 37.25 to 22.70 US Airways, down 5.07 points, from 11.62 to 6.55 We better start dropping some bombs! We need a rally!  | ||||
| Kid Afrika | posted on 09-17-2001 @ 11:03 AM | | |||
| Hanger-On Registered: Jan. 70 | God Damn I wish I had some money to invest. Now is the time to buy, while everyone is in a panic. Then when they settle down, you can sell high and easily quadruple your money. I love stupid people sometimes.
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| Drunken GW I Pissed on a Church to get this Status. | posted on 09-17-2001 @ 11:09 AM | | |||
| O&A Board Regular Registered: Dec. 00 | Around 10:30 am it was down 600 points. Now is the time to invest but I wouldn't touch the air lines just yet. There is no doubt in my mind that this is only the beginning for them. If your going to buy look towards communications (yes telecommunications), security firms, defense and oil. All which will be in need of in the upcoming months. | ||||
| Metalfan | posted on 09-17-2001 @ 11:33 AM | | |||
| O&A Board Regular Registered: Sep. 00 | Relax....you had to know it would get worse before it gets better.....let the initial panic subside, then empty your mattresses back into the market. It will rebound folks! E-Mail Me  09.11.01 - To those who we'll never see again - you'll be in our hearts forever | ||||
| Dan | posted on 09-17-2001 @ 12:55 PM | | |||
| O&A Board Regular Registered: Jul. 00 | The market is doing fine. Volume is high which is all that matters. They will make up the initial loss by the end of the week. People don't really need to go out and start buying stocks patriotically. Let the market be the market. Let's not forget, there were economic indicators on tuesday that signalled a sharp drop anyway. This crisis may turn out to jump start us out of a recession. I actually bought stock today for my IRA. Not patriotically but because it was a great buying opportunity. It was a great way to Average Down the Microsoft I bought last year. | ||||
| Cranky Ass | posted on 09-17-2001 @ 2:12 PM | | |||
| Psychopath Registered: Feb. 01 | Sorry for starting this thread in GD, I didn't look here first, my bad. Anyone looking to track the market in real time, check out... http://finance.lycos.com/home/livecharts/ Use $INDU for the DJIA Use $COMPX for the NASDAQ ________________  Read My Column, Kickin Ass With FoundryMusicAntD on FoundryMusic.com , the most difficult site to navigate on the net and tune into my midnite show on RonFez.net Radio God Bless America!!! Support Firemen, Red Cross, United Way, Salvation Army and everyone helping restore peace. This message was edited by Cranky Ass on 9-17-01 @ 2:14 PM | ||||
| weirdnj | posted on 09-17-2001 @ 2:17 PM | | |||
| Hanger-On Registered: Oct. 00 | There wouldn't happen to be any tutorials on how to invest in the stock market, would there? The easy way? | ||||
| Leaking Nipples | posted on 09-17-2001 @ 2:20 PM | | |||
| Psychopath Registered: Mar. 01 | I am actually surprised that the airlines are not down further. But, then again, it probably isn't the end of their fall. I thought there might be a rally to cut the losses earlier today, when the market went from the being down in the high 570s to being down around 400, but then it just fell again. But this is expected. If the market stays in a freefall past this week, we are in serious trouble. | ||||
| Cranky Ass | posted on 09-17-2001 @ 2:22 PM | | |||
| Psychopath Registered: Feb. 01 | MotleyFool.com is a good place to start learning about investing in the market. ________________ Read My Column, Kickin Ass With FoundryMusicAntD on FoundryMusic.com , the most difficult site to navigate on the net and tune into my midnite show on RonFez.net Radio God Bless America!!! Support Firemen, Red Cross, United Way, Salvation Army, Save The Children and everyone helping restore peace. | ||||
| Arthur Dent | posted on 09-17-2001 @ 2:23 PM | | |||
| O&A Board Regular Registered: Nov. 00 | The only questions I have are: Will the market rebound tomorrow or Wendsday? and How much do I want to invest? Either tomorrow morning or Wendsday morning I'll be buying a lot of the really solid companies that can be counted on. Doing my research tonight. | ||||
| Drunken GW I Pissed on a Church to get this Status. | posted on 09-17-2001 @ 2:29 PM | | |||
| O&A Board Regular Registered: Dec. 00 | quote: You and 40 million other investors.:) The air line stocks are getting sacked. United has lost almost 50% of it's value. I realized, as did everyone else, that when the market opened it would drop. I found it amazing it was down 600+ points in less then an hour and a half of trading. quote: What's that? The lottery ticket theory?:) | ||||
| Banana_juice | posted on 09-17-2001 @ 3:06 PM | | |||
| O&A Board Regular Registered: Jan. 01 | down 715 points at 3:00 p.m. E-Mail Me special thanks to maynard and grumpy for the sig pic and the help posting it | ||||
| Cranky Ass | posted on 09-17-2001 @ 4:17 PM | | |||
| Psychopath Registered: Feb. 01 | Closed down 684.81 pts. I'm expecting a dead cat bounce either tomorrow or Wednesday. Ladies and gentleman, this is what you call a BUYING OPPORTUNITY. ________________ Read My Column, Kickin Ass With FoundryMusicAntD on FoundryMusic.com , the most difficult site to navigate on the net and tune into my midnite show on RonFez.net Radio God Bless America!!! Support Firemen, Red Cross, United Way, Salvation Army, Save The Children and everyone else helping restore peace. This message was edited by Cranky Ass on 9-18-01 @ 9:38 AM | ||||
| red rocket Secret Sex Chat | posted on 09-17-2001 @ 5:19 PM | | |||
| O&A Board Regular Registered: Aug. 01 | OK - in fact the market dropped about 700pts or appx 7% loss. To put it in a little perspective here's a ranking of worst days in stock market history. 1. 10/19/1987 22.61% 507.99pts 2. 10/29/1929 13.47% 40.58pts 3. 12/18/1899 11.99% 7.94pts 4. 10/29/1929 11.73% 30.57pts 5. 10/5/1931 10.74% 10.40pts Although a rally would have been great, the FACT remains that after so much devastation in New York the stock market is OPEN today! It was pretty amazing to me to see these people walking amid the rubble, debris and smoke that are still lingering in the financial district of the city and returning to work!! I can't help but believe that because we have people who are so determined to rebuild and get on with the business of living that the stock market will find it's way back to normal.... maybe not as quickly as we would like. The following was sent to me today - I like it: IT'S MY JOB TO HAVE SOMETHING TO SAY. By Leonard Pitts Jr. Tribune Media Services They pay me to tease shades of meaning from social and cultural issues, to provide words that help make sense of that which troubles the American soul. But in this moment of airless shock when hot tears sting disbelieving eyes, the only thing I can find to say, the only words that seem to fit, must be addressed to the unknown author of this suffering. You monster. You beast. You unspeakable bastard. What lesson did you hope to teach us by your coward's attack on our World Trade Center, our Pentagon, us? What was it you hoped we would learn? Whatever it was, please know that you failed. Did you want us to respect your cause? You just damned your cause. Did you want to make us fear? You just steeled our resolve. Did you want to tear us apart? You just brought us together. Let me tell you about my people. We are a vast and quarrelsome family, a family rent by racial, cultural, political and class division, but a family nonetheless. We're frivolous, yes, capable of expending tremendous emotional energy on pop cultural minutiae a singer's revealing dress, a ball team's misfortune, a cartoon mouse. We're wealthy, too, spoiled by the ready availability of trinkets and material goods, and maybe because of that, we walk through life with a certain sense of blithe entitlement. We are fundamentally decent, though - peace-loving and compassionate. We struggle to know the right thing and to do it. And we are, the overwhelming majority of us, people of faith, believers in a just and loving God. Some of you, perhaps, think that any or all of this makes us weak. You're mistaken. We are not weak. Indeed, we are strong in ways that cannot be measured by arsenals. Yes, we're in pain now. We are in mourning and we are in shock. We're still grappling with the unreality of the awful thing you did, still working to make ourselves understand that this isn't a special effect from some Hollywood blockbuster, isn't the plot development from a Tom Clancy novel. Both in terms of the awful scope of its ambition and the probable final death toll, your attacks are likely to go down as the worst acts of terrorism in the history of the United States and indeed, the history of the world. You've bloodied us as we have never been bloodied before. But there's a gulf of difference between making us bloody and making us fall. This is the lesson Japan was taught to its bitter sorrow the last time anyone hit us this hard, the last time anyone brought us such abrupt and monumental pain. When roused, we are righteous in our outrage, terrible in our force. When provoked by this level of barbarism, we will bear any suffering, pay any cost, go to any length, in the pursuit of justice. I tell you this without fear of contradiction. I know my people, as you, I think, do not. What I know reassures me. It also causes me to tremble with dread of the future. In days to come, there will be recrimination and accusation, fingers pointing to determine whose failure allowed this to happen and what can be done to prevent it from happening again. There will be heightened security, misguided talk of revoking basic freedoms. We'll go forward from this moment sobered, chastened, sad. But determined, too. Unimaginably determined. You see, there is steel beneath this velvet. That aspect of our character is seldom understood by people who don't know us well. On this day, the family's bickering is put on hold. As Americans we will weep, as Americans we will mourn, and as Americans, we will rise in defense of all that we cherish. Still, I keep wondering what it was you hoped to teach us. It occurs to me that maybe you just wanted us to know the depths of your hatred. If that's the case, consider the message received. And take this message in exchange: You don't know my people. You don't know what we're about. You don't know what you just started. But you're about to learn...... (Leonard Pitts is a columnist for the Miami Herald, 1 Herald Plaza, Miami, Fla., 33132. Readers may contact him at leonardpitts@mindspring.com.) A9 2001, The Miami Herald Distributed by Tribune Media Services, Inc God Bless The USA. | ||||
| i'm a walking joint I wish I was still FNMoron's wet dream... but he left me for a BONG! | posted on 09-17-2001 @ 8:44 PM | | |||
| Psychopath Registered: Jan. 01 | I work in a phone group that takes trades for a mutual fund company and today was a really busy day. everyone selling all shares or moving to money markets. the market will rebound and these people made terrible mistakes. tomorrow may be the only worse day to sell. i don't understand the panic from people ages 18-45. the money invested should be savings and history shows you will make your money back...I don't blame the old as losing 25% of your Net Worth in one week would suck...yet during a year you have probably already lost another 25%. i myself moved all my money to growth funds...i like the buying price. | ||||
| GonzoStyle | posted on 09-18-2001 @ 12:22 AM | | |||
| Hanger-On Registered: Jan. 70 | well it was bad but not as bad as many expected things will slowly get back to 'normal'. "For all we have and are, for all our children's fate, stand up and take the war, the Hun is at the gate!" --- Rudyard Kipling She-Mail Me Here | ||||
| Cranky Ass | posted on 09-18-2001 @ 9:35 AM | | |||
| Psychopath Registered: Feb. 01 | 9:33 Tuesday, September 18, 2001 The Dow is up 25 points :) The Nasdaq is up 11 points :) ________________ Read My Column, Kickin Ass With FoundryMusicAntD on FoundryMusic.com , the most difficult site to navigate on the net and tune into my midnite show on RonFez.net Radio God Bless America!!! Support Firemen, Red Cross, United Way, Salvation Army, Save The Children and everyone else helping restore peace. | ||||
| TeenWeek what's a status? | posted on 09-18-2001 @ 9:37 AM | | |||
| O&A Board Regular Registered: Oct. 00 | 12:38, Dow is up 25.60 points. This message was edited by TeenWeek on 9-18-01 @ 12:40 PM | ||||
| Cranky Ass | posted on 09-18-2001 @ 1:39 PM | | |||
| Psychopath Registered: Feb. 01 | 1:36PM EST Dow is up 84 points :) :) Nasdaq up 12 :) ________________ Read My Column, Kickin Ass With FoundryMusicAntD on FoundryMusic.com , the most difficult site to navigate on the net and tune into my midnite show on RonFez.net Radio God Bless America!!! Support Firemen, Red Cross, United Way, Salvation Army, Save The Children and everyone else helping restore peace. This message was edited by Cranky Ass on 9-18-01 @ 1:41 PM | ||||
| TeenWeek what's a status? | posted on 09-18-2001 @ 2:44 PM | | |||
| O&A Board Regular Registered: Oct. 00 | 2:42 est Dow up only 6.92 points.  | ||||
| i'm a walking joint I wish I was still FNMoron's wet dream... but he left me for a BONG! | posted on 09-18-2001 @ 7:56 PM | | |||
| Psychopath Registered: Jan. 01 | market was down, but still not a terrible day. i actually expected worse before the Value buyers started buying...probably tomorrow. I think today will ease some of the more worried people...and there will probably be alot of pissed off people who sold yesterday. | ||||
| Drunken GW I Pissed on a Church to get this Status. | posted on 09-19-2001 @ 11:53 AM | | |||
| O&A Board Regular Registered: Dec. 00 | 9/19/01 11:50a.m. Down 185 points | ||||
| TeenWeek what's a status? | posted on 09-19-2001 @ 12:27 PM | | |||
| O&A Board Regular Registered: Oct. 00 | 12.24 DOWN 220 POINTS | ||||
| Noellevious Teh cute. Look at that. You could bounce quarters off of it. Incredible. | posted on 09-19-2001 @ 12:31 PM | | |||
| O&A Board Regular Registered: Sep. 01 | Optimism makes for a good stock market. From a human point of view, as opposed to a professional point of view, things may continue to suh-huh-huh-huk until Dubya puts his plans into motion... Under the superior tutelage of FollowThisLogic "God may have mercy on you, but we won't." - John McCain | ||||
| TeenWeek what's a status? | posted on 09-19-2001 @ 2:47 PM | | |||
| O&A Board Regular Registered: Oct. 00 | 2:46 and Dow is down 419 points. Bush considering tax cuts to boost economy WASHINGTON (Reuters) - The White House is considering several ideas, including cutting payroll taxes, to revive the U.S. economy after last week's attacks, but no decisions have been made, Bush aides said on Tuesday. Karen Hughes, counselor to the president, said there were seven or eight ideas that had been floated, including proposals put forward by members of Congress, as Bush considers what, if anything, should be done. The U.S. economy, in a parlous state before the hijacked plane attacks on the World Trade Center in New York and the Pentagon near Washington that left nearly 6,000 people missing or dead, is expected to suffer if consumer confidence nosedives after the Sept. 11 attacks. ``There are a lot of different options. I've seen a list of probably seven or eight different items which could be considered,'' Hughes told a small group of reporters. ``There are some suggestions from some that we should look at different tax cuts,'' she added. Asked if a rollback in Social Security and Medicare payroll taxes was one option, she said: ``That's an idea that has been suggested by some ... I don't think there are any decisions. There is just a lot of give-and-take and consulting going on.'' Before the Sept. 11 attacks, lawmakers floated the idea of cutting taxes -- including the capital gains tax on the sale of investments as well as payroll taxes -- as a way to perk up an economy that grew at a minuscule 0.2 percent rate in the spring. Sen. Budget Committee Chairman Kent Conrad, a North Dakota Democrat, argued against cutting capital gains taxes and in favor of reducing the payroll taxes paid by all workers to fund the Social Security and Medicare systems. Hughes, noting that proposals had come from several quarters, including the Congress, said another idea had to do with ``depreciation'' but she offered no details. Bush met with his economic aides on Tuesday to discuss whether and how to bolster the U.S. economy but did not make any decisions, said White House spokeswoman Claire Buchan. ``There are a number of options on the table and no decisions have been made,'' Buchan said. ``The president is going to continue to consult with his economic advisers. He is reaching out to members on the Hill, working with members of both parties.'' | ||||
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Displaying 1-25 of 28 messages in this thread. |