Beginning of the end for stock bubble?

[IIFFOFRDB]

Enjoy my contribution... Thanks

[The_Waco_Kid]

Originally Posted by WombRaider

You're so gay, your butthole has its own butthole

Originally Posted by WombRaider

You're so gay, your tears are made of sperm.

did you say something, puss in boots?

[WombRaider]

Originally Posted by The_Waco_Kid

did you say something, puss in boots?

Just FYI, if that's your new angle, it's super gay.

[The_Waco_Kid]

Originally Posted by WombRaider

Just FYI, if that's your new angle, it's super gay.

speak up puss in boots, i can't hear you.

[WombRaider]

Originally Posted by The_Waco_Kid

speak up puss in boots, i can't hear you.

Because you're so fucking old?

[The_Waco_Kid]

Originally Posted by WombRaider

Because you're so fucking old?

did you say something puss in boots?

[WUF]

Originally Posted by HelenaK93

who's Assup?

we all knows who's cjohnny54.

we all know who cjohnny54 account are ... Bluesky123... 123drink...nanotech kingsmen

[Guest032516]

Thanks for bumping this thread.

The stock market slide is accelerating. Apple lost about $100 billion in value IN A MONTH.

The Chinese stock market is so bad they have had to shut it down.

The US market is off to the worst yearly start in history. The Dow is down 400 points.

If we tank again, who do the Democrats blame? Make your predictions now, win valuable prizes.

[Texas Contrarian]

Originally Posted by ExNYer

Thanks for bumping this thread.

The stock market slide is accelerating. Apple lost about $100 billion in value IN A MONTH.

The Chinese stock market is so bad they have had to shut it down.

The US market is off to the worst yearly start in history. The Dow is down 400 points.

If we tank again, who do the Democrats blame? Make your predictions now, win valuable prizes.

And in view of Friday's continuing slide, it may be apropos to bump it again.

The S&P 500 dropped about 6% last week. Of course, it's possible that it will bounce back some tomorrow. In any case, I'd be surprised if it doesn't bounce around in rather chaotic fashion over the near term.

The Chinese should have learned from history that hair-trigger equity market circuit breakers often exacerbate the chaos rather than calming it. It also doesn't help matters if you get into the habit of strictly forbidding the sale of large blocks of stock when the going gets tough. In any event, there are increasing worries about their Potemkin Village economy. Some estimates indicate that the Chinese authorities may have burned through about a trillion dollars in foreign-exchange reserves over the last month or two in what seems to be a forlorn effort to keep confidence in the yuan from collapsing in short order -- especially in view of the currency's recent politically-motivated grant of IMF imprimatur.

Who will Democrats blame for possible ongoing problems? Perhaps blaming Dubya for everything has passed its sell-by date.

If so, not to worry. It must be the case that the fault lies wholly with the Republican congress for opposing that wonderful "jobs program" Obama proposed a few years ago!

[The_Waco_Kid]

Originally Posted by ExNYer

Thanks for bumping this thread.

The stock market slide is accelerating. Apple lost about $100 billion in value IN A MONTH.

ugh. i "used" to own 5k in Apple stock. not so much today i think. but i'm not going to sell any of it. Apple should bounce back.

The Chinese stock market is so bad they have had to shut it down.

of course they did. it was a house of cards waiting to fall. what else were they going to do?

The US market is off to the worst yearly start in history. The Dow is down 400 points.

perhaps but that's typically a "buy" opportunity for those who have cash to invest.

If we tank again, who do the Democrats blame? Make your predictions now, win valuable prizes.

so what's my prize? that this asshole is no longer president after January 20, 2016? i can live with that.

[lustylad]

Originally Posted by The_Waco_Kid

so what's my prize? that this asshole is no longer president after January 20, 2016? i can live with that.

That's only 10 days away. I think you mean 2017? But if you can figure out a way to move the timetable up a year, we'll shower you with lots of prizes!

[WTF]

Obama has about as much to do with the drop in the market as Bush did in 2008...


.

[Guest032516]

Originally Posted by WTF

Obama has about as much to do with the drop in the market as Bush did in 2008.

Perhaps, but that's not the way it was presented by the Dems, was it?

In fact, some Dems have tried to call George Bush a two recession president by blaming the crash of the dotcom bubble in 2000 on him - even though NASDAQ and the NYSE both began free falling under Bill Clinton and were in nose dive when Bush took office.

Arguably, government (i.e., Obama and Congress) has more to do with the current crash than the dotcom crash. The bailouts went to the banks and to certain big companies. All efforts were made to maintain stock prices, not employment. Companies cut work force until they stopped losing money and then hoarded cash rather than investing.

All of the quantitative easing (money printing) and zero interest rates did nothing to stop that. The companies recovered, but the US worker did not. Middle class incomes are flat or shrinking, but stock prices were maintained. At least for a while.

And, oh yeah, we continued to flood our labor markets with low-skilled or no-skilled immigrants (legal and illegal). MacDonalds was lovin' it, I'm sure. But what about lower income Americans who saw wages fall, if they could get work at all? But Dems loved all the new minorities that would vote for the party of government handouts, didn't they?

Now we have to pay the piper.

We're still running huge deficits 7 years later, aren't we?

Where's my recovery, dude?

[Guest032516]

But here is the real question:

How much money is WombRaider going to lose on those oil futures he bought several months back? It's heading to $20 per barrel and he was a lot higher than that to break even.

[Guest032516]

Originally Posted by WombRaider

This is when those with big balls make big money. I bought oil at $38 and change this morning. If it dips lower, I'll buy more. We all know that come next summer, it won't be $38 anymore.

Originally Posted by Rey Lengua

I'd love it if our self-proclaimed economic genius, woomby, took it in the ass over his investment. It's a feeling his is used to and must like ! What is the old saw about a fool and his money ?

Looks like Rey will get his wish.

Womby said he bought at $38. I doubt oil will be over $38 by February.

It is below $32 now and predicted to hit the 20s.