In deregulated markets, one can shout "FIRE" - Page 2

SamIam · 10-10-2008, 06:20 PM

What concerns me is that this is happening world wide. Are the forces that are causing the drop in US markets the same as the ones causing the drops in other countries? Or are the world markets playing follow my leader with the US?

Clodfobble · 10-10-2008, 03:56 PM

The "good news" around our house yesterday was that our plummeting 401k has lost less percentage than the Dow has. "See? We are way outperforming the market!"

I try to think of this like a discount, that's all--look honey, Wall Street is having a huge sale, let's go stock up for the winter! Not that we have any extra money to buy in with, but our regular contributions from the paycheck are continuing like clockwork.

TheMercenary · 10-10-2008, 06:24 PM

That's globalization for ya. We are all connected. Hi UN. Many countries were doing the same things our banks were doing they are paying the same price. I think we were just the first to show the fractures.

10-10-2008, 03:56 PM	#2
Clodfobble UNDER CONDITIONAL MITIGATION Join Date: Mar 2004 Location: Austin, TX Posts: 20,012	The "good news" around our house yesterday was that our plummeting 401k has lost less percentage than the Dow has. "See? We are way outperforming the market!" I try to think of this like a discount, that's all--look honey, Wall Street is having a huge sale, let's go stock up for the winter! Not that we have any extra money to buy in with, but our regular contributions from the paycheck are continuing like clockwork. __________________ My book My other book My spirit animal

10-10-2008, 06:24 PM	#3
TheMercenary “Hypocrisy: prejudice with a halo” Join Date: Mar 2007 Location: Savannah, Georgia Posts: 21,393	That's globalization for ya. We are all connected. Hi UN. Many countries were doing the same things our banks were doing they are paying the same price. I think we were just the first to show the fractures. __________________ Anyone but the this most fuked up President in History in 2012!

10-10-2008, 06:20 PM	#1
SamIam Registered User Join Date: Jun 2007 Location: Not here Posts: 2,655	What concerns me is that this is happening world wide. Are the forces that are causing the drop in US markets the same as the ones causing the drops in other countries? Or are the world markets playing follow my leader with the US?

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)