That is why I don't trade, I invest. Buy low...sell high...and above all...DON'T PANIC.jim wrote:Timing the market is also a bad plan as well.thrill wrote:Buying individual stocks as a layman is retarded (no offense if you do).
Our financial system is crumbling this week.
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TimeForGuinness
- Hall Of Famer
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Re: Our financial system is crumbling this week.
- Leroy
- a bad penny always turns up
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Re: Our financial system is crumbling this week.
The stock market is crashing because people are coming to realize that we are about to have Obama elected president.
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AWvsCBsteeeerike3
- "I could totally eat a pig butt, if smoked correctly!"
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Re: Our financial system is crumbling this week.
OPEC is planning on cutting oil production to get prices back up....just an fyi if you need to fill up the cars, might want to do that at some point this weekend.....
- sighyoung
- Mayor of GRB
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Re: Our financial system is crumbling this week.
Zoinks! The housing slump has now rocked Middle Earth! No hobbits are safe!
http://blogs.wsj.com/developments/2008/ ... ons-shire/
A look at what might have been:
http://www.bendshire.com/
http://blogs.wsj.com/developments/2008/ ... ons-shire/
A look at what might have been:
http://www.bendshire.com/
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maddash
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Re: Our financial system is crumbling this week.
On a slightly different, but equally dorky tangent.sighyoung wrote:Zoinks! The housing slump has now rocked Middle Earth! No hobbits are safe!
http://blogs.wsj.com/developments/2008/ ... ons-shire/
A look at what might have been:
http://www.bendshire.com/
http://www.massively.com/2008/08/24/mak ... um-is-mia/
http://en.wikipedia.org/wiki/Virtual_economy
- G. Keenan
- Sucking on the Rally Nipple
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Re: Our financial system is crumbling this week.
How did anyone think that would be a good idea?sighyoung wrote: A look at what might have been:
http://www.bendshire.com/
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BenNX74205
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Re: Our financial system is crumbling this week.
I really hate OPEC. I'm just not sure if it's for them getting me to think $3/gallon is a great price for gas, or if it's because they're going to cut production because $3/gallon just isn't good enough.AWvsCBsteeeerike3 wrote:OPEC is planning on cutting oil production to get prices back up....just an fyi if you need to fill up the cars, might want to do that at some point this weekend.....
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greenback44
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Re: Our financial system is crumbling this week.
That's ugly reading on so many levels.The New York Times wrote:Treasury officials began canvassing banks and investment firms about the possibility of having the government buy stakes in them. The new bailout law gave the Treasury the authority to buy up almost any kind of asset it wanted, including stock or preferred shares in banks.
Industry executives quickly told Mr. Paulson that they liked the idea, though they warned that the Treasury should not try to squeeze out existing shareholders. They also begged Mr. Paulson not to impose tough restrictions on executive pay and golden-parachute deals for executives who are fired.
Mr. Paulson heeded those pleas. In his remarks on Friday, he carefully noted that the government would acquire only “nonvoting” shares in companies. And officials said the law lets the Treasury write most of its own restrictions on executive pay, and those restrictions can be lenient if they are applied to a set of fairly healthy companies.
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TimeForGuinness
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Re: Our financial system is crumbling this week.
I really don't know what to say...greenback44 wrote:That's ugly reading on so many levels.The New York Times wrote:Treasury officials began canvassing banks and investment firms about the possibility of having the government buy stakes in them. The new bailout law gave the Treasury the authority to buy up almost any kind of asset it wanted, including stock or preferred shares in banks.
Industry executives quickly told Mr. Paulson that they liked the idea, though they warned that the Treasury should not try to squeeze out existing shareholders. They also begged Mr. Paulson not to impose tough restrictions on executive pay and golden-parachute deals for executives who are fired.
Mr. Paulson heeded those pleas. In his remarks on Friday, he carefully noted that the government would acquire only “nonvoting” shares in companies. And officials said the law lets the Treasury write most of its own restrictions on executive pay, and those restrictions can be lenient if they are applied to a set of fairly healthy companies.
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AWvsCBsteeeerike3
- "I could totally eat a pig butt, if smoked correctly!"
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Re: Our financial system is crumbling this week.
don't worry they're jut creating low prices during eledction stimes so that peple ton't pay attention to drilling in the arctic or alaska whatever it waw because they love obama and don't want the 80% of america to vote for mccani bc they all want to drill in the arctic or alaska or whatever. i [expletive] you onot its a consipiricacy. those damed opec coutnies love obama. seriously. watch the fox ness theyll tell you.BenNX74205 wrote:I really hate OPEC. I'm just not sure if it's for them getting me to think $3/gallon is a great price for gas, or if it's because they're going to cut production because $3/gallon just isn't good enough.AWvsCBsteeeerike3 wrote:OPEC is planning on cutting oil production to get prices back up....just an fyi if you need to fill up the cars, might want to do that at some point this weekend.....
edt: just thoughti jwshould edit thios to peple know i was kiding. fox news is not reliablej.

