Welcome to the GoFuckYourself.com - Adult Webmaster Forum forums.

You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please contact us.

Post New Thread Reply

Register GFY Rules Calendar
Go Back   GoFuckYourself.com - Adult Webmaster Forum > >
Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed.

 
Thread Tools
Old 10-24-2008, 07:05 AM   #1
Darkland
Confirmed User
 
Darkland's Avatar
 
Join Date: May 2002
Posts: 1,488
The Day The Economy Died...

I know that title sounds a little alarmist and ridiculous, but you have to wonder...

http://money.cnn.com/2008/10/24/mark...ion=2008102406

The most worrying out of that report is:

"U.S. stocks joined a worldwide selloff at Friday's open, with the Dow down about 400 points, as a wave of anxiety about a global recession sent investors heading for the exits."

"Today might be the day where everybody throws in the towel," said Peter Cardillo, chief market economist for Avalon Partners. "People are saying 'I've had it, I can't take it anymore, I'm selling everything."

"Markets were so jittery early Friday that the New York Stock Exchange felt it was necessary to post a statement on its blog confirming that trading would open as normal at 9:30 a.m. ET, saying it felt it was necessary to answer widespread rumors that the open would be delayed."

The NYSE also posted updated details of so-called circuit breakers, which would halt trading for certain periods of time if the Dow Jones industrial average falls 1,100 points during the trading day. It said it was posting that information with "the fervent hope we won't need them."

Today will be very interesting day and I am curious as to what the next week or so has in store for us.

Will the Economic Crisis, both local and worldwide, be enough to freeze not only the market but the 2008 Elections as well?

I believe this year will mark historic firsts in more ways the one...
__________________


"The towers are gone now, reduced to bloody rubble, along with all hopes for Peace in Our Time, in the United States or any other country. Make no mistake about it: We are At War now -- with somebody -- and we will stay At War with that mysterious Enemy for the rest of our lives." H.S.T. 09/12/01
Darkland is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 10-24-2008, 07:09 AM   #2
GetSCORECash
Confirmed User
 
GetSCORECash's Avatar
 
Industry Role:
Join Date: Mar 2008
Location: Miami
Posts: 5,527
It's crazy to see these numbers.
Dow 8,322.56 -368.69 (-4.24%)

I woke up this morning thinking it would be a good time to buy, but I'm waiting.
__________________
| skype: getscorecash | ICQ: 59-271-063 |
New Sites: | SCORELAND2 | Roku Channel SCORETV.TV | 60PLUSMILFS |
| Big Tit Hooker | Tits And Tugs | Big Boobs POV | Karla James |
| Naughty Foot Jobs | Linsey's World | Busty Arianna Sinn | Get SCORE Cash |
GetSCORECash is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 10-24-2008, 07:11 AM   #3
DWB
Registered User
 
Industry Role:
Join Date: Jul 2003
Location: Encrypted. Access denied.
Posts: 31,779
Agreed.

The problems are just starting. It's gonna get real bad before it even hints at getting better.

The markets have only been down a short while. They may continue to fall but as in history, the real economy falls after the markets do.
DWB is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 10-24-2008, 07:12 AM   #4
Manowar
jellyfish  
 
Join Date: Dec 2003
Posts: 71,528
it's going to get a lot worse before it gets better
Manowar is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 10-24-2008, 07:15 AM   #5
Vendot
Confirmed User
 
Industry Role:
Join Date: May 2002
Location: Malaysia
Posts: 3,376
Sounds reasonable by why throw a towel? Hows that gonna help?

They were expecting a massive drop at the open and it only fell around 400 pts so like...... at the moment were only down 400 pts. Ive seen plenty of shares with EPS higher than the stock price some with decent divident yields.

Last edited by Vendot; 10-24-2008 at 07:17 AM..
Vendot is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 10-24-2008, 07:43 AM   #6
Tat2Jr
Confirmed User
 
Tat2Jr's Avatar
 
Join Date: Feb 2001
Location: Sunny California
Posts: 4,882
Glad I went with the cock market instead of the stock market! Been having a great day selling clips.
__________________
NICHE MONEY >> Ass WorshipPantiesSolo TeenPantyhose
Serving up exclusive fetish sites since 1997!
Tat2Jr is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 10-24-2008, 08:41 AM   #7
Eriic
So Fucking Banned
 
Join Date: Jan 2008
Posts: 2,995
Quote:
Originally Posted by Tat2Jr View Post
Glad I went with the cock market instead of the stock market! Been having a great day selling clips.
This too will see bad times........They will hit and hit hard and back to McDonalds for you
Eriic is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 10-24-2008, 11:24 AM   #8
Darkland
Confirmed User
 
Darkland's Avatar
 
Join Date: May 2002
Posts: 1,488
Quote:
Originally Posted by Manowar View Post
it's going to get a lot worse before it gets better
I think alot worse than the optimists want to admit. I think it is funny that people are pushing away the thought of recession by sheer blind ignorance. What will they say when we jump straight to another depression?

I hope it doesn't get that bad but I can see if doing so very easily.
__________________


"The towers are gone now, reduced to bloody rubble, along with all hopes for Peace in Our Time, in the United States or any other country. Make no mistake about it: We are At War now -- with somebody -- and we will stay At War with that mysterious Enemy for the rest of our lives." H.S.T. 09/12/01
Darkland is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 10-24-2008, 11:25 AM   #9
Deej
I make pixels work
 
Deej's Avatar
 
Industry Role:
Join Date: Jun 2005
Location: I live here...
Posts: 24,386
youre not wrong...
__________________

Deej's Designs n' What Not
Hit me up for Design, CSS & Photo Retouching


Icq#30096880
Deej is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 10-24-2008, 12:15 PM   #10
notime
Confirmed User
 
notime's Avatar
 
Industry Role:
Join Date: Jun 2003
Location: cyberspace
Posts: 8,020
it sucks indeed
bad news scares people making it a self fullfilling profacy (did I spell that right?)
notime is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 10-27-2008, 05:57 AM   #11
Darkland
Confirmed User
 
Darkland's Avatar
 
Join Date: May 2002
Posts: 1,488
Great... Record lows in the World Market on Monday.

Wonder how hard we are going to get hit today... again.
__________________


"The towers are gone now, reduced to bloody rubble, along with all hopes for Peace in Our Time, in the United States or any other country. Make no mistake about it: We are At War now -- with somebody -- and we will stay At War with that mysterious Enemy for the rest of our lives." H.S.T. 09/12/01
Darkland is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 11-25-2008, 11:58 PM   #12
Darkland
Confirmed User
 
Darkland's Avatar
 
Join Date: May 2002
Posts: 1,488
Almost a month gone by since I made this thread and it only got worse.
__________________


"The towers are gone now, reduced to bloody rubble, along with all hopes for Peace in Our Time, in the United States or any other country. Make no mistake about it: We are At War now -- with somebody -- and we will stay At War with that mysterious Enemy for the rest of our lives." H.S.T. 09/12/01

Last edited by Darkland; 11-25-2008 at 11:59 PM..
Darkland is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 11-26-2008, 12:05 AM   #13
2012
So Fucking What
 
2012's Avatar
 
Industry Role:
Join Date: Jul 2006
Posts: 17,189
Quote:
Originally Posted by Darkland View Post
Almost a month gone by since I made this thread and it only got worse.
yeah trying not to care
__________________
best host: Webair | best sponsor: Kink | best coder: 688218966 | Go Fuck Yourself
2012 is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 11-26-2008, 04:49 AM   #14
ExLust
Confirmed User
 
ExLust's Avatar
 
Join Date: Aug 2008
Posts: 3,223
Right now I am feeling hopeless in our economy. Being so worried on how it goes everyday.
__________________

BE A PARTNER
ExLust is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Old 11-26-2008, 05:53 AM   #15
Ron Bennett
Confirmed User
 
Join Date: Oct 2003
Posts: 1,653
Quote:
Originally Posted by SCORE-Cash View Post
It's crazy to see these numbers.
Dow 8,322.56 -368.69 (-4.24%)

I woke up this morning thinking it would be a good time to buy, but I'm waiting.
Fast forward a month and 8322 seems good. Hopefully you are still waiting.

Japan's markets have yet to recover from their highs of over a decade ago. Nasdaq is only about 1/3 of what it was at peak nearly nine years ago...

Anyone figuring on a quick market turn-around would do well to read up on the U.S. Depression or the nasty bear / sideways market of the 1970s.

The markets will likely get better eventually, but one should think in decades length timeframes.

Ron
__________________
Domagon - Website Management and Domain Name Sales
Ron Bennett is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote
Post New Thread Reply
Go Back   GoFuckYourself.com - Adult Webmaster Forum > >

Bookmarks



Advertising inquiries - marketing at gfy dot com

Contact Admin - Advertise - GFY Rules - Top

©2000-, AI Media Network Inc



Powered by vBulletin
Copyright © 2000- Jelsoft Enterprises Limited.