"The Stock Market Discussion thread "Post all your thoughts on this recent volitality"

Today might go down as one of the top 3 worst days ever in terms of the market.

I feel bad for all the people who are losing thousands and thousands of dollors.

Thanks Greenspan.

The market is supposed to go up....what the **** is with this? OMG!!!

Sky is falling. This is an overdue correction. Start shorting! but don't get caught in the whiplash of the buyers.

scooping up dead cats

jack07002 said: Today might go down as one of the top 3 worst days ever in terms of the market.


Did you plagiarize this from somewhere just like all your plagiarized articles in the housing bubble thread? (Scroll down to bottom of page 93 to see)

I rolled over my 401k at the high last week. This is great. Time to buy some more funds

jack07002 said: Today might go down as one of the top 3 worst days ever in terms of the market.

I feel bad for all the people who are losing thousands and thousands of dollors.

yeah, down 3%. veeeerry scaaarrry!!

Just how heavaily are we influeced by the Chinese Economy?

CNN says:
Chinese stocks slumped 9 percent

I doubt this had to do with a suicide attack on Cheney, and maybe a little with a the decline in durable goods.

jack07002 said: I only own one 2 stocks exxon and google...

Google is getting pounded, exxon is only down about 2 points.

Did you skip percentage day in 3rd grade math?

too bad I missed the move. I could have made a killing shorting the futures.

Crud! I can not even log into Fidelity. Site is having some serious issues. I was going to buy more stock

Time to buy buy buy!

Today is the 10th anniversary of the Southeast Asia Financial Crisis.

Goferebater said: Glad I got lazy and haven't yet put money into my Roth IRA for 2006 (or 2007).

Same here. My CD matures from a BT on 3/1/07 (already paid off BT) and I was going to use some of it to invest in a new fund. Looks like I lucked out.

Tank baby tank....I am praying it falls over 3000- 4000 points ...Yippiee...

psychtobe said: jack07002 said: Today might go down as one of the top 3 worst days ever in terms of the market.

I feel bad for all the people who are losing thousands and thousands of dollors.

yeah, down 3%. veeeerry scaaarrry!!

What was the percentage crash in 1987? 30%? This is a minor selloff by comparison.

Does anyone know wat happened at 2:50 EST? The Dow plunged, then recovered over a period of minutes...

http://finance.yahoo.com/charts#chart1:symbol=^dji;range=1d;indicator=volume;charttype=line;crosshair=on;logscale=on;source=undefined

CoffeeEater said: sfchris said: What was the percentage crash in 1987? 30%? This is a minor selloff by comparison.

In 2007 dollars, the percentage would be about 5%. You need to adjust for inflation.

What????

% drop is % drop.

This is a 3%-4% drop, 1987 was a 30% drop. You do not adjust for inflation. The only thing that is "inflated" is that a 500 pt drop is the end of the world. The Dow was at ~2000 points the last time it dropped 500. Now it is 12,000+.

I'm predicting gradual sliding down for the rest of the week. But 6-12 months from now everyone on here is going to be bragging about how they got in next week.

the paper had its limitations, including tracking only six months (yes March 09 to September 09) when the market went basically straight up. But social media and crowd-sourcing is ultimately going to be far more predictive than, for example, the Investors Sentiment survey (in my opinion) just because of the sheer volume of data collected and the fact that it is available in real-time rather than relying on days- or weeks-old survey data to be analyzed and published.

My problem with it is I'm only interested in long-term market-timing, on the order of decades, not day-to-day or month-to-month timing, which I think basically doesn't work and isn't achievable. In the short run I think statistical noise/random events overwhelm any secular trends.