#767393 - 06/21/12 02:00 PM
Stock Market
|
Repeat Spawner
Registered: 10/09/04
Posts: 1016
Loc: Napavine,Washington
|
I will start by saying I do not own any stocks or bonds other than what may be involved in my retirement plan. (personally I think it is one of the biggest scams that favors the wealthy over the little guy,but thats another post ).
I just read an article on MSN that was headed : Stocks plunge on worries over stock worries.
My question is for you investers , with the market (DOW) sitting just under 13000, why is a daily drop of 180 +/- points such big news?
Once the big clints have sold off some stocks to get the little guys to follow suit, they will just buy inagain in a day or two and profit again on the small investors insecurity.
So how much of a daily drop does it take to get your attention?
Thanks .
|
|
Top
|
|
|
|
|
#767396 - 06/21/12 02:06 PM
Re: Stock Market
[Re: laterun]
|
River Nutrients
Registered: 03/08/99
Posts: 6732
|
99.99% of investers do not have enough invested in the market to worry about daily fluctuations. I have quite a bit in the market because I believe long term it's a good investment.
_________________________
"You learn more from losing than you do from winning." Lou Pinella
|
|
Top
|
|
|
|
|
#767417 - 06/21/12 03:36 PM
Re: Stock Market
[Re: Sol Duc]
|
Poodle Smolt
Registered: 05/03/01
Posts: 10878
Loc: McCleary, WA
|
If you plan to sell today, a drop is an issue if it affects the stock you wish to sell negatively. If you have a long term plan, daily fluctuations really mean nothing, unless you are easily influenced into selling.
Somebody out there has a lot of shorts, just waiting for a price drop, and the media frenzy feeds their profits. That is who benefits from price drops.
_________________________
"Give me the anger, fish! Give me the anger!"
They call me POODLE SMOLT!
The Discover Pass is brought to you by your friends at the CCA.
|
|
Top
|
|
|
|
|
#767472 - 06/21/12 08:42 PM
Re: Stock Market
[Re: Dogfish]
|
The Original Boat Ho
Registered: 02/08/00
Posts: 2917
Loc: Bellevue
|
Somebody out there has a lot of shorts I do. That way I don't have to do laundry so often.
_________________________
It's good to have friends
It's better to have friends with boats
***GutZ***
|
|
Top
|
|
|
|
|
#767474 - 06/21/12 08:48 PM
Re: Stock Market
[Re: Dogfish]
|
Reverend Tarpones
Registered: 10/09/02
Posts: 8379
Loc: West Duvall
|
If you plan to sell today, a drop is an issue if it affects the stock you wish to sell negatively. If you have a long term plan, daily fluctuations really mean nothing, unless you are easily influenced into selling.
Somebody out there has a lot of shorts, just waiting for a price drop, and the media frenzy feeds their profits. That is who benefits from price drops. +1
_________________________
No huevos no pollo.
|
|
Top
|
|
|
|
|
#767484 - 06/21/12 09:13 PM
Re: Stock Market
[Re: Dave Vedder]
|
Smolt
Registered: 02/17/08
Posts: 81
|
Dow
June 21 2012: 12573
June 21 2002: 9253
June 21 1992: 3282
|
|
Top
|
|
|
|
|
#767499 - 06/21/12 10:24 PM
Re: Stock Market
[Re: Dave Vedder]
|
River Nutrients
Registered: 11/08/06
Posts: 3359
Loc: Island Time
|
Tell us Dave, since you love to do so when the markets' "up", how much did you make today? Come on buddy....rub it in our face. But keep in mind you're much closer to needin' those retirement funds than I am. You're into buyin' non-producing stocks so I imagine facebook is jerkin' you off like you've never been jerked. 
_________________________
"...the pool hall I loved as a kid is now a 7-11..."
If you don't like our prices bring your wife down and we'll dicker.
|
|
Top
|
|
|
|
|
#767518 - 06/21/12 11:37 PM
Re: Stock Market
[Re: Sol Duc]
|
River Nutrients
Registered: 11/08/06
Posts: 3359
Loc: Island Time
|
I'm sure Dave didn't lose money since he didn't (probably) sell. Just like he never makes money because he doesn't sell. It's his charade to validate his contribution to stock market threads.
He's just not as fair and balanced (evenhanded) as he pretends to be.
INOW...he's Full-O-Chit.
_________________________
"...the pool hall I loved as a kid is now a 7-11..."
If you don't like our prices bring your wife down and we'll dicker.
|
|
Top
|
|
|
|
|
#767724 - 06/22/12 03:59 PM
Re: Stock Market
[Re: ]
|
The Original Boat Ho
Registered: 02/08/00
Posts: 2917
Loc: Bellevue
|
I've gotten good return investing in fishing trips.
Money is worthless until you spend it. So true! I took money out of my 401K to buy the Sea Kitten. It's great to be alive, even if all I do is fish the Sound!
_________________________
It's good to have friends
It's better to have friends with boats
***GutZ***
|
|
Top
|
|
|
|
|
|
3 registered (Ward, stonefish, 1 invisible),
898
Guests and
3
Spiders online. |
|
Key:
Admin,
Global Mod,
Mod
|
|
11505 Members
17 Forums
73035 Topics
826289 Posts
Max Online: 3937 @ 07/19/24 03:28 AM
|
|
|
Previous Topic
Index
