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Type: Discussion • Score: 0 • Views: 983 • Replies: 14

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@cjhsa,

Hey, don't aggravate me. It's bad enough when I have to see it on my portfolio. When I come to A2K, I want to have fun!!!

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@cjhsa,

You need to get that blood pressure checked, cj.

Seriously, that 's not healthy for you.

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@cjhsa,

we're not interested in graphing your erections...

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@cjhsa,

Check this out. It may make you feel a bit bettter, cj!

BTW, I can't see the graph any more!

http://www.marketoracle.co.uk/Article7218.html

1 Reply

@Phoenix32890,

I can't either. Let's try this one:

http://ichart.finance.yahoo.com/b?s=%5EDJI

1 Reply

@cjhsa,

Cool, that one even changes day to day, so, as you can see, it's down another 250 points. O-boy. O-****.

1 Reply

@cjhsa,

http://www.msnbc.msn.com/id/3683270/

Go Obama thank you...

1 Reply

@Bi-Polar Bear,

I was listening to Bloomberg Radio this AM and not one of the financial gurus had any idea why that happened yesterday. I still think the markets are being manipulated by hidden forces. Google search on "velocity of money" and you'll get an idea of what I'm talking about. People makes LOTS of money when money changes hands.

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@cjhsa,

Hate to bust your bubble cj, but the "roller coaster" has been in motion for months now. I know, because I check my portfolio every day for the last 8 or so years, and the swings in the last few months have been unreal.

I remember the first time that my portfolio improved by about 6 grand. It was on January 8, 2000. I was so impressed, that I copied it for safekeeping Up until then, most of my portfolio were dividend bearing stocks that did not make many changes, up or down, one way or the other.

Now I never know when the stocks will go up the roof, or make a nosedive. Years ago, you bought stocks based on their performance, and the strength of the company. Now stock trading has more to do with panic and emotionalism.

As my son says, "Being in the stock market is not different than betting a football game. The difference is, you have better odds with football games!" Laughing

1 Reply

@Phoenix32890,

I'm well aware of the roller coaster. Do the Google search I suggested.

1 Reply

@cjhsa,

Cj- Checked it out- I think that I have to let the concept sink in a bit more, before I really understand it, and its implications.

From what I have observed, everything else being equal, it is the internet that has changed the way that the market works. I can remember when sales of stocks were fiqured in quarters. Now you can make bids in pennies. Psychologically, IMO it has become a game. Everything moves so much faster than in did years ago. Someone makes a nasty remark in an internet blog, and a minute later, changes can be observed in the prices of a stock.

I think that the combination of the uncertainty in the economy, coupled with technology, has exacerbated the huge swings in the market.

1 Reply

@Phoenix32890,

Quote:

Wall Street looked to give back some of the gains from the previous session's huge rally Friday, as investors again focused their concerns on the slumping global economy.
The market surged Thursday, sending the Dow Jones industrial average up 552 points after briefly testing its lows from last month. However, investors appeared to be more conservative going into Friday's session, which could include a sobering report on October retail sales.

http://www.breitbart.com/article.php?id=2008-11-14_D94ENF501&show_article=1&cat=breaking

It is now 8:24 a.m.e.t. If you look at the top of the article, it says 9:01 am. e.t.

Is JOE BEL BRUNO a soothsayer, or does he know something the rest of us don't? How does he know that investors will be more conservative today, or is he attempting to create a self-fulfilling prophecy? Do people read his (and other peoples') articles on the net, get scared, and drive the market down?

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@Phoenix32890,

I have NO IDEA!!!!

http://msnbcmedia.msn.com/j/msnbc/Components/Photos/060530/060530_cramer_hmed_1p.hmedium.jpg

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@Phoenix32890,

"going into the session."

"After hours" trading opens before the market does. A lot of stocks are traded and it is easy to get a sense of where the market will open, up or down. Watch CNBC and you will see the DOW, SP, and NASDAQ futures on the screen before the market opens.

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