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| The Scuppers This is a new forum for the not necessarily fishing related topics... |
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11-20-2008, 03:43 PM
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#1
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BigFish Bait Co.
Join Date: Apr 2003
Location: Hanover
Posts: 23,392
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Free Fall!
Just watched the Dow drop 150 points in 60 seconds!!!  |
Almost time to get our fish on!!! 
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11-20-2008, 03:52 PM
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#2
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Permanently Disconnected
Join Date: Nov 2002
Posts: 12,647
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150 points is not a free fall Larry. Don't sit and watch it because it will vary widely all day depending on who bought and sold what. I've seen it drop 150 points in alot less time than that.
Go make some plugs or something the world don't revolve around the stock market and it's not worth sitting worrying about it.
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11-20-2008, 04:20 PM
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#3
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sick of bluefish
Join Date: Aug 2003
Location: TEXAS
Posts: 8,672
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But over 400.......
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making s-b.com a kinder, gentler place for all 
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11-20-2008, 04:40 PM
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#4
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Registered User
Join Date: Sep 2003
Location: Libtardia
Posts: 21,719
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400 points is only a bit over 5%.. thats no free fall. If it droped 20% in a day.. that is a free fall.
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11-20-2008, 05:19 PM
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#5
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Registered User
Join Date: Dec 2004
Location: North Fork
Posts: 2,260
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The stock in the company i work for is at 3 cents.  |
Originally Posted by Flaptail
"Throw plugs like we do that will cause them to suffer humility. Pogies make any fisherman look good when bass are around. Bait is easy."
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11-20-2008, 06:05 PM
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#6
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Super Moderator
Join Date: Sep 2003
Location: Georgetown MA
Posts: 18,225
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My little nest egg stock GE has dropped from $36 a share down to $12......66%  in the past month or so. |
"If you're arguing with an idiot, make sure he isn't doing the same thing."
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11-20-2008, 06:16 PM
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#7
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Permanently Disconnected
Join Date: Nov 2002
Posts: 12,647
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ALMOST TIME to BUY TDF
Quote:
Originally Posted by The Dad Fisherman
My little nest egg stock GE has dropped from $36 a share down to $12......66% in the past month or so. |
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11-20-2008, 06:42 PM
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#8
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Here fishy fishy
Join Date: Aug 2001
Location: Whoville
Posts: 2,266
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Quote:
Originally Posted by #^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&
ALMOST TIME to BUY TDF
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Salty tells it like it is. |
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11-20-2008, 06:59 PM
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#9
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Registered User
Join Date: Aug 2002
Location: RockVegas
Posts: 3,228
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When the DOW tumbles like it has every day for a while now, why are they all smiles, cheering, and clapping at the closing bell at the end of the trading day?  |
The future ain't what it used to be. --Yogi Berra
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11-20-2008, 07:18 PM
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#10
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BigFish Bait Co.
Join Date: Apr 2003
Location: Hanover
Posts: 23,392
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Because at the end of the day they still have a job!!  |
Almost time to get our fish on!!!
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11-20-2008, 07:49 PM
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#11
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Old Guy
Join Date: Oct 2004
Location: Mansfield, MA
Posts: 8,760
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Havent heard of any stockbrokers taking the express elevator down yet.
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11-20-2008, 07:58 PM
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#12
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Registered User
Join Date: Nov 2003
Location: MA
Posts: 3,630
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Nows a great time to have nothing  . If you dont have anything , you cant really lose anything . Im glad i dont owe any credit cards money and have no car payment . The wife and I are just waiting for the market to bottom out before we start investing . |
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11-21-2008, 06:20 AM
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#13
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,501
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Quote:
Originally Posted by cheferson
The wife and I are just waiting for the market to bottom out before we start investing .
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I'd be wary of trying to time the market unless you had a lot of extra scratch to loose.
-spence |
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11-21-2008, 04:09 PM
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#14
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Registered User
Join Date: Sep 2003
Location: Libtardia
Posts: 21,719
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oh my god it went up 400 in an hour... the world is saved  |
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11-21-2008, 04:15 PM
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#15
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Registered User
Join Date: Jun 2007
Location: North Cambridge, MA
Posts: 1,358
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Quote:
Originally Posted by cheferson
Nows a great time to have nothing . If you dont have anything , you cant really lose anything . Im glad i dont owe any credit cards money and have no car payment . The wife and I are just waiting for the market to bottom out before we start investing . |
AMEN to that... |
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11-21-2008, 04:40 PM
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#16
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sick of bluefish
Join Date: Aug 2003
Location: TEXAS
Posts: 8,672
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Its down over 2000pts from 5 years ago
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making s-b.com a kinder, gentler place for all
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11-21-2008, 04:54 PM
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#17
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Great White Scup Hunter
Join Date: Nov 2006
Location: In the Corner...
Posts: 2,251
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Quote:
Originally Posted by RIJIMMY
Its down over 2000pts from 5 years ago
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Its down over 6000pts since October last year....  |
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11-21-2008, 06:18 PM
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#18
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BigFish Bait Co.
Join Date: Apr 2003
Location: Hanover
Posts: 23,392
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There is nothing wrong though.....the fact its down by 50% in a tad over a year just signals a slowdown!  |
Almost time to get our fish on!!!
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11-21-2008, 11:24 PM
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#19
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Great White Scup Hunter
Join Date: Nov 2006
Location: In the Corner...
Posts: 2,251
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No worries here,,,,,  |
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