The Perfect Time

Discussion in 'Economy' started by Richard-H, Oct 12, 2008.

  1. Richard-H
    Offline

    Richard-H Gold Member

    Joined:
    Aug 19, 2008
    Messages:
    2,285
    Thanks Received:
    385
    Trophy Points:
    130
    Ratings:
    +510
    In the words of the immortal Woody:

    "THIS IS THE PERFECT TIME TO PANIC!"

    So please, get everyone you know together, go out into a large field, backyard, parking lot or whatever, then spend a good ten minutes running around in circles, screaming frantically and flailing your arms about.

    Then go home, get a good night's rest, and tommorrow go and buy some stocks.
     
  2. Richard-H
    Offline

    Richard-H Gold Member

    Joined:
    Aug 19, 2008
    Messages:
    2,285
    Thanks Received:
    385
    Trophy Points:
    130
    Ratings:
    +510
    Well, I happy to see that everyone took my advice! :D
     
  3. DavidS
    Offline

    DavidS Anti-Tea Party Member

    Joined:
    Sep 7, 2008
    Messages:
    9,811
    Thanks Received:
    766
    Trophy Points:
    48
    Location:
    New York, NY
    Ratings:
    +767
    The problem is that by the end of the year, we're likely to see DOW 6000.

    In the past month, can you please show me one day where the DOW has gained or lost in single or double digits?

    The market is VIOLENT right now. It's the highest level of white water rafting you can imagine. If you're not an experienced white water rafter, stay on the sidelines.

    At the first sign of trouble, I'm dumping Morgan Stanley. Though, it's up to 70% right now... :D
     
  4. Richard-H
    Offline

    Richard-H Gold Member

    Joined:
    Aug 19, 2008
    Messages:
    2,285
    Thanks Received:
    385
    Trophy Points:
    130
    Ratings:
    +510
    Well, I guess that would make you part of the problem.

    People are going to either accept more risk than they would like or the free enterprise system is kaput.

    I know that it's hard for most wealthy people to act altruistically, but at this time if they don't they're gonna lose everything.
     
  5. editec
    Offline

    editec Mr. Forgot-it-All

    Joined:
    Jun 5, 2008
    Messages:
    41,427
    Thanks Received:
    5,598
    Trophy Points:
    48
    Location:
    Maine
    Ratings:
    +5,618
    I heard something a few days back from one market maven that made me laugh so hard I nearly puked.

    " For the investors today, there were really only two logical positions to be in..








































    ..cash and fetal."
     
  6. Richard-H
    Offline

    Richard-H Gold Member

    Joined:
    Aug 19, 2008
    Messages:
    2,285
    Thanks Received:
    385
    Trophy Points:
    130
    Ratings:
    +510
    I'd like to take this moment in time to take FULL CREDIT for today's market boom.

    Obviously, investors all over the world read my post at the top and took my advice.

    Thank me very much!

    I am such a genius that I amaze even myself!

    :D
     
  7. DavidS
    Offline

    DavidS Anti-Tea Party Member

    Joined:
    Sep 7, 2008
    Messages:
    9,811
    Thanks Received:
    766
    Trophy Points:
    48
    Location:
    New York, NY
    Ratings:
    +767
    No, not a problem. 2000 shares this way or the other, when MS shot up 86.98% today doesn't really matter. I'm quite happy about my investment... I picked one helluva time to go in at MS. It's down a bit in afterhours. So I think I'll dump it tomrrow if it goes down to $17.50, I think people will be looking to take their profit tomorrow.
     

Share This Page