Dow falls below 10,000 - GoFuckYourself.com

emjay · 10-06-2008, 07:41 AM

9924.84 atm

gornyhuy · 10-06-2008, 07:46 AM

Welcome to 1997? When was the last time it was this low?

emjay · 10-06-2008, 08:02 AM

Quote:

Originally Posted by gornyhuy

Welcome to 1997? When was the last time it was this low?

4 years ago.

UK down 8% today. 10% is a crash.

brassmonkey · 10-06-2008, 08:03 AM

damn im taking my cash out of the bank

tony286 · 10-06-2008, 08:04 AM

Quote:

Originally Posted by brassmonkey

damn im taking my cash out of the bank

why are you doing that?

stickyfingerz · 10-06-2008, 08:07 AM

Quote:

Originally Posted by brassmonkey

damn im taking my cash out of the bank

Thats a good reason for the crash right there. Bunch of people getting scared and pulling out all their cash. Then they banks don't have money to loan out to others.

Vendot · 10-06-2008, 08:11 AM

Well fuck me with a fiddle stick.

People are really panicked...... I should hide behind the door with a blown up paper bag.

emjay · 10-06-2008, 08:21 AM

Quote:

Originally Posted by stickyfingerz

Thats a good reason for the crash right there. Bunch of people getting scared and pulling out all their cash. Then they banks don't have money to loan out to others.

Beacuse of the Government guarantees, savers in UK are now flocking to the bank which last year had people queing to get their money out, Northern Rock.

Funny old world...

emjay · 10-06-2008, 08:52 AM

Quote:

Originally Posted by Jesus H Christ

The mornings 10% (or more) club:

Russia: 19.2 plus they suspended trading for the 3x this month.
Brazil: 15%
Austria: 11%
Mexico: 10%
Indonesia: 10%

Jesus H Christ, Jesus H Christ lol

chuvii · 10-06-2008, 10:40 AM

it's panic times and will become only worse... and why - cause some idiots taken alot of cheap loans

pornguy · 10-06-2008, 10:53 AM

Quote:

Originally Posted by stickyfingerz

Thats a good reason for the crash right there. Bunch of people getting scared and pulling out all their cash. Then they banks don't have money to loan out to others.

you aint kidding.

I have been lucky with the Credit Union that I use. they are showing record profits this year and growing.

They stayed stiff on lending. and it is paying off.

Martin · 10-06-2008, 11:03 AM

You should hear Alex Jones going nuts on his radio show about this.

mynameisjim · 10-06-2008, 11:13 AM

I'm pulling all my money out of the market and investing in Star Wars memorabilia.

But whatever happens, thank God they passed that bailout bill so fast and prevented a huge drop in the world's financial markets. ;)

_Richard_ · 10-06-2008, 11:17 AM

think tsx is down 8%

qxm · 10-06-2008, 11:20 AM

good G-D!!!!!!!!!!!!! I thought u guys were shitting me......... dammmm........... -650 right now..... the ship is certainly sinking

borked · 10-06-2008, 11:33 AM

Quote:

Originally Posted by emjay

4 years ago.

UK down 8% today. 10% is a crash.

There's no numerical value that determines "a crash" but many consecutive days of large drops. Keep this up all week, and thurs/fri yeah it'll be a crash.

In 12 months, all markets have been declining, resulting in wiping 25% off FTSE, 30% off DJ, 32% off CAC40, 50% off Nasdaq.

Brown, Sarko and tits didn't help with their procrastinating at the weekend

Quite interesting though that all indices now have internal breaks for stopping an all-out crash in a single day. All that doe is prolong the downward spiral keeping things as simply a "credit crunch" thereby stopping any type of rally!

1987 here we come, but hey every cloud has a silver lining.... pick stocks in stuff that are relatively immune from market dropoffs and invest, cos they're all at 2-4 year lows. It'll all come back if the company can stay afloat.

gornyhuy · 10-06-2008, 11:44 AM

Exactly, there is a huge buying opportunity in here sometime soon. I'm thinking late December or first of the year. Just max out the retirement plan at the end of the year = buy low and minimize tax hit.

yys · 10-06-2008, 12:00 PM

The lemmings are really jumping today.

farkedup · 10-06-2008, 12:04 PM

I'm going to just convert all my US cash to a DIFFERENT currency and keep put it in my pillow.... fuck the banks... US currency will be worth less than a roll of Charmin in no time.

xmas13 · 10-06-2008, 12:10 PM

http://forecast-chart.com/historical-cac-40.html

CAC 40 Stock Index - 17 Year Graph (France)

borked · 10-06-2008, 12:38 PM

Quote:

Originally Posted by xmas13

http://forecast-chart.com/historical-cac-40.html

CAC 40 Stock Index - 17 Year Graph (France)

that's what's great about moving averages - they iron out the minor blips

Dow Jones Industrial 100 year

A crash is just a short-term word. Like forest fires - a natural occurrence that allows the land to be cleared to allow new growth. In the long term, the forest grows back just as dense and more importantly with hardier wood stock.

Vendot · 10-06-2008, 12:40 PM

Quote:

Originally Posted by farkedup

I'm going to just convert all my US cash to a DIFFERENT currency and keep put it in my pillow.... fuck the banks... US currency will be worth less than a roll of Charmin in no time.

Good call......... what currency though?

Intervader · 10-06-2008, 12:54 PM

[QUOTE=mynameisjim;14860340]I'm pulling all my money out of the market and investing in Star Wars memorabilia. QUOTE]

Hahaha

farkedup · 10-06-2008, 01:21 PM

Quote:

Originally Posted by Vendot

Good call......... what currency though?

At the way the Euro is working it'll be the worldwide currency in not time LOL but I'm not sure what currency I'd switch to considering what a PITA it is to convert back to US when I NEED cash.

The safest bet is things like gold and diamonds since they are accepted internationally like currency.

theharvman · 10-06-2008, 01:21 PM

bad day... it was a bad day.

10-06-2008, 01:26 PM

this week is going to be interesting

Almost Evil · 10-06-2008, 01:27 PM

good thing they had that $700B bailout...the stock market seems to appreciate it

WarChild · 10-06-2008, 01:29 PM

Quote:

Originally Posted by farkedup

I'm going to just convert all my US cash to a DIFFERENT currency and keep put it in my pillow.... fuck the banks... US currency will be worth less than a roll of Charmin in no time.

US currency up against everything today. Look around before you start to panic.

notime · 10-06-2008, 02:19 PM

Quote:

Originally Posted by WarChild

US currency up against everything today. Look around before you start to panic.

Dollar is doing really excellent and going up ! Good news

HomerSimpson · 10-06-2008, 03:29 PM

where's the end of all this...

Kudles · 10-07-2008, 11:16 AM

Your making me sad

emjay · 10-10-2008, 11:35 AM

Quote:

Originally Posted by HomerSimpson

where's the end of all this...

when the Dow gets to zero lol

10-06-2008, 07:41 AM	#1
emjay Confirmed User Join Date: Dec 2004 Location: Back in Blighty Posts: 4,277	Dow falls below 10,000 9924.84 atm __________________ I Run 500+ WhatsApp Groups. The Zuck Owns Me www.emjayconsultancy.com

10-06-2008, 07:46 AM	#2
gornyhuy Chafed. Join Date: May 2002 Location: Face Down in Pussy Posts: 18,041	Welcome to 1997? When was the last time it was this low? __________________ icq:159548293

10-06-2008, 08:03 AM	#4
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10-06-2008, 10:40 AM	#10
chuvii Confirmed User Join Date: Sep 2006 Posts: 691	it's panic times and will become only worse... and why - cause some idiots taken alot of cheap loans __________________ Mainstream and Adult Design

10-06-2008, 11:03 AM	#12
Martin "Assassins" Industry Role: Join Date: Dec 2001 Location: At home Posts: 17,277	You should hear Alex Jones going nuts on his radio show about this. __________________

10-06-2008, 08:11 AM	#7
Vendot Confirmed User Industry Role: Join Date: May 2002 Location: Malaysia Posts: 3,376	Well fuck me with a fiddle stick. People are really panicked...... I should hide behind the door with a blown up paper bag.

10-06-2008, 11:13 AM	#13
mynameisjim Confirmed User Join Date: Aug 2007 Posts: 2,985	I'm pulling all my money out of the market and investing in Star Wars memorabilia. But whatever happens, thank God they passed that bailout bill so fast and prevented a huge drop in the world's financial markets. ;) __________________ jim (at) amateursconvert . com Amateurs Convert

10-06-2008, 11:17 AM	#14
_Richard_ Too lazy to set a custom title Industry Role: Join Date: Oct 2006 Location: Vancouver Posts: 30,985	think tsx is down 8%

10-06-2008, 11:20 AM	#15
qxm Confirmed User Join Date: Jul 2006 Location: NoHo Posts: 5,970	good G-D!!!!!!!!!!!!! I thought u guys were shitting me......... dammmm........... -650 right now..... the ship is certainly sinking __________________ ICQ: 266990876

10-06-2008, 11:44 AM	#17
gornyhuy Chafed. Join Date: May 2002 Location: Face Down in Pussy Posts: 18,041	Exactly, there is a huge buying opportunity in here sometime soon. I'm thinking late December or first of the year. Just max out the retirement plan at the end of the year = buy low and minimize tax hit. __________________ icq:159548293

10-06-2008, 12:00 PM	#18
yys Confirmed User Join Date: Aug 2001 Posts: 1,922	The lemmings are really jumping today.

10-06-2008, 12:04 PM	#19
farkedup Confirmed User Join Date: Nov 2007 Location: Kalamazoo, MI Posts: 2,490	I'm going to just convert all my US cash to a DIFFERENT currency and keep put it in my pillow.... fuck the banks... US currency will be worth less than a roll of Charmin in no time. __________________ -- QUOTE ME IT MAKES ME FEEL SPECIAL --

10-06-2008, 12:10 PM	#20
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	http://forecast-chart.com/historical-cac-40.html CAC 40 Stock Index - 17 Year Graph (France) __________________ ICQ 557504926

10-06-2008, 12:54 PM	#23
Intervader Confirmed User Join Date: Oct 2006 Location: Canada Posts: 242	[QUOTE=mynameisjim;14860340]I'm pulling all my money out of the market and investing in Star Wars memorabilia. QUOTE] Hahaha __________________ Business Development VR/Game/Web [email protected]

10-06-2008, 01:21 PM	#25
theharvman Confirmed User Industry Role: Join Date: Sep 2002 Location: Los Angeles, CA Posts: 1,366	bad day... it was a bad day. __________________ Email:[email protected] Site: http://TheScreamingO.com Program: http://http://www.idevaffiliate.com Skype: theharvman ICQ: 150092593

10-06-2008, 01:26 PM	#26
Wang Dong Guest Posts: n/a	this week is going to be interesting

10-06-2008, 01:27 PM	#27
Almost Evil Confirmed User Join Date: Jan 2006 Location: Sacramento Posts: 523	good thing they had that $700B bailout...the stock market seems to appreciate it __________________ AlmostEvilCash \| ICQ: 299372871 See Who I Am At AdultWhosWho.com!

10-06-2008, 03:29 PM	#30
HomerSimpson Too lazy to set a custom title Industry Role: Join Date: Sep 2005 Location: Springfield Posts: 13,826	where's the end of all this... __________________ Make a bank with Chaturbate - the best selling webcam program Ads that can't be block with AdBlockers !!! /// Best paying popup program (Bitcoin payouts) !!! PHP, MySql, Smarty, CodeIgniter, Laravel, WordPress, NATS... fixing stuff, server migrations & optimizations... My ICQ: 27429884 \| Email:

10-07-2008, 11:16 AM	#31
Kudles Confirmed User Join Date: Feb 2003 Location: Here There and Everywhere Posts: 5,477	Your making me sad __________________ Free to Play MMOs and MMORPGs