Stock Market update: Everybody panic!

[Jimbuna]

Originally Posted by mapuc

For month I have been speculating in making a post about economy

Throughout the years I have tried to follow the economical news about the stock market a.s.o

We have had crisis since dawn of time or when we started to use money and stocks was available.

Is there a solution ? a solution so we will never see crisis like this one ?

Markus

Make everybody so rich that money no longer holds any attraction.

[mapuc]

Originally Posted by Jimbuna

Make everybody so rich that money no longer holds any attraction.

What happen to the moneys strength if we make so much that it over flood the market ?

Will we see another version of Reichmark ?

Markus

[Betonov]

The best thing we can do is rationaly spend money during boom times and not borrow more than we can pay in the bad times.
So when the fat cats decide they need a crisis we can survive with without much hinderence.

And maybe randomly impale a spoiled rich brat every now and then to remind them who's the minority.

Wishfull thinking though.

[Oberon]

Well, the Asian markets have opened down, but not as far down as people were expecting, so hopefully there's not going to be a feedback loop of loss. Korea and Australian stock went up, but the Nikkei took a hit due to fears that the Chinese crisis will push up the value of the Yen, thus hitting exports.

Honestly, at times like this, I defer to the wisdom of George W. Bush:

"It's clearly a budget, it's got a lot of numbers in it."

[Lionclaw]

Originally Posted by Oberon

Honestly, at times like this, I defer to the wisdom of George W. Bush:

"It's clearly a budget, it's got a lot of numbers in it."

[vienna]

Originally Posted by Oberon

Well, the Asian markets have opened down, but not as far down as people were expecting, so hopefully there's not going to be a feedback loop of loss. Korea and Australian stock went up, but the Nikkei took a hit due to fears that the Chinese crisis will push up the value of the Yen, thus hitting exports.

Honestly, at times like this, I defer to the wisdom of George W. Bush:

"It's clearly a budget, it's got a lot of numbers in it."

Was he, perhaps, looking at a train schedule?...


<O>

[AVGWarhawk]

Long over due market correction that was forecasted from the looks of it. What we will see is low cost stocks purchased by the truckload and sat on for the long term growth.

[mapuc]

As long there are money, stocks and greedy people we will always have these economical crisis

Markus

[Mr Quatro]

Originally Posted by AVGWarhawk

Long over due market correction that was forecasted from the looks of it. What we will see is low cost stocks purchased by the truckload and sat on for the long term growth.

Yep! That's what they do (you know who they is , right?)

All they needed was an excuse to go into bunker down mode and wait for the bottom to drop below what they sold it for and then buy it back, but I don't think it's all that simple due to what if some other stock dropped way below it's actual market value then they have to decide what is going to make the strongest buy back.

Interesting game they play, but it takes that something special to know when to sell and when to buy.

Do they have automatic sells and automatic buys software?