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Stringer Bell

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Stock Market Today

Post by Stringer Bell » Thu May 06, 2010 2:50 pm

F*CK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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Interminable_Waiting

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Re: Stock Market Today

Post by Interminable_Waiting » Thu May 06, 2010 2:56 pm

Boing, boing, people are making and losing millions today.

wocehtoom

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Re: Stock Market Today

Post by wocehtoom » Thu May 06, 2010 2:58 pm

There goes my savings for law school. Guess I'm withdrawing

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Re: Stock Market Today

Post by Anonymous User » Thu May 06, 2010 3:01 pm

It looks like it won't be that bad at the end of the day, but still :( I just put money back into the market this week :(

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Cardboardbox

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Re: Stock Market Today

Post by Cardboardbox » Thu May 06, 2010 3:02 pm

Lol we're all sitting here at work and were all watching it drop wondering wth was going on lol. Should have bought in when it was down near 1k :P

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ozarkhack

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Re: Stock Market Today

Post by ozarkhack » Thu May 06, 2010 3:04 pm

wocehtoom wrote:There goes my savings for law school. Guess I'm withdrawing
No joke.

Shit. Shit. Shit. I really really need to be where I was 3 weeks ago (when I came thiiiiiiiiiiiiis close to selling off in preps for school. "Eh," I thought. "You don't need to sell off for good until July. And even then maybe just a little to cover the move.")

Terrible.

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Re: Stock Market Today

Post by Anonymous User » Thu May 06, 2010 3:06 pm

I sold when it was 12k, bought back at 9k, put some more back in recently which will take a hit today, but I'm not complaining.

Will also be selling in July to pay for school

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Stringer Bell

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Re: Stock Market Today

Post by Stringer Bell » Thu May 06, 2010 3:07 pm

That quick dip was just nuts. Apple was trading above $250 all day, drops to $210 then immediately jumps to $230. It still sucks, but I'm glad we got that bounce. I was freaking out with the Dow dropping nearly 9%.

Posner

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Re: Stock Market Today

Post by Posner » Thu May 06, 2010 5:07 pm

...
Last edited by Posner on Tue May 11, 2010 6:42 pm, edited 1 time in total.

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nick637

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Re: Stock Market Today

Post by nick637 » Thu May 06, 2010 5:08 pm

cnbc is a joke

D. H2Oman

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Re: Stock Market Today

Post by D. H2Oman » Thu May 06, 2010 5:09 pm

lol, Accenture dropped from $40 to $.01 for a minute.

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nick637

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Re: Stock Market Today

Post by nick637 » Thu May 06, 2010 5:17 pm

good news everyone. Jobs numbers come out tomorrow!

christ: gold at 1208

de5igual

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Re: Stock Market Today

Post by de5igual » Thu May 06, 2010 5:20 pm

http://www.cnbc.com/id/36999483

"According to multiple sources, a trader entered a "b" for billion instead of an "m" for million in a trade possibly involving Procter & Gamble [PG 60.75 -1.41 (-2.27%) ], a component in the Dow. (CNBC's Jim Cramer noted suspicious price movement in P&G stock on air during the height of the market selloff."

lol that dude is soooooooo fired, and his firm is sooooo gonna crash and burn

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ozarkhack

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Re: Stock Market Today

Post by ozarkhack » Thu May 06, 2010 5:24 pm

Stringer Bell wrote:That quick dip was just nuts. Apple was trading above $250 all day, drops to $210 then immediately jumps to $230. It still sucks, but I'm glad we got that bounce. I was freaking out with the Dow dropping nearly 9%.
Fellow AAPL holder, here. I nearly poopedself when I saw that drop. I really, really, really need it to go back to $270ish (and beyond, if possible). I just made a big purchase on VISA and was going to finally sell some for that. Now, I'm screwed.

D. H2Oman

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Re: Stock Market Today

Post by D. H2Oman » Thu May 06, 2010 5:25 pm

nick637 wrote:good news everyone. Jobs numbers come out tomorrow!

Jobs numbers haven't really been "good" news in awhile.

09042014

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Re: Stock Market Today

Post by 09042014 » Thu May 06, 2010 5:27 pm

ozarkhack wrote:
Stringer Bell wrote:That quick dip was just nuts. Apple was trading above $250 all day, drops to $210 then immediately jumps to $230. It still sucks, but I'm glad we got that bounce. I was freaking out with the Dow dropping nearly 9%.
Fellow AAPL holder, here. I nearly poopedself when I saw that drop. I really, really, really need it to go back to $270ish (and beyond, if possible). I just made a big purchase on VISA and was going to finally sell some for that. Now, I'm screwed.
Yea this is why you don't invest money you need in the short term. It's nothing more than gambling at that point.

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nick637

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Re: Stock Market Today

Post by nick637 » Thu May 06, 2010 5:31 pm

buyers or sellers at the open tomorrow?

i got sellers early (Greece) then a mid day rally (Jobs, everyone settles down)

http://www.cnbc.com/id/37001247 "fairly ugly tomorrow morning"

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270910

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Re: Stock Market Today

Post by 270910 » Thu May 06, 2010 5:51 pm

D. H2Oman wrote:
nick637 wrote:good news everyone. Jobs numbers come out tomorrow!

Jobs numbers haven't really been "good" news in awhile.
The phrase good news everyone hasn't really been use to mean "good" in awhile.

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ozarkhack

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Re: Stock Market Today

Post by ozarkhack » Thu May 06, 2010 5:56 pm

Desert Fox wrote: Yea this is why you don't invest money you need in the short term. It's nothing more than gambling at that point.
This is true. But I bought two years ago (alas, not 1 year ago), planning to go long and haven't sold yet. (But when it's time to buy the engagement ring ... it's time to buy the ring.)

Still ... it's pretty much gambling.

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wiseowl

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Re: Stock Market Today

Post by wiseowl » Thu May 06, 2010 10:39 pm

nick637 wrote:good news everyone. Jobs numbers come out tomorrow!

christ: gold at 1208
job numbers aren't going to mean a whole lot since they purportedly include up to 600,000 temporary Census workers

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Interminable_Waiting

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Re: Stock Market Today

Post by Interminable_Waiting » Fri May 07, 2010 1:26 pm

wiseowl wrote:
nick637 wrote:good news everyone. Jobs numbers come out tomorrow!

christ: gold at 1208
job numbers aren't going to mean a whole lot since they purportedly include up to 600,000 temporary Census workers

Lucky for us though, they also include distinctions between gov't and private employers...

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Cardboardbox

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Re: Stock Market Today

Post by Cardboardbox » Fri May 07, 2010 1:46 pm

nick637 wrote:good news everyone.
--ImageRemoved--

am I the only one that read that in his voice?

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