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| | #1 |
| Banned ![]() ![]() ![]() Join Date: May 2007
Posts: 3,214
Grams: 49,800.58 Thanks: 783
Thanked 1,451 Times in 889 Posts
| Or has the market gone down recently? I've been noticing that everyones portfolio is down at least 1 or 2%, and those that are up are up 3 or 4% less than usual... |
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| | #2 | |
| Herbal Alchemist ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Join Date: Dec 2004
Posts: 10,885
Grams: 60,924.07 Thanks: 5,295
Thanked 3,702 Times in 1,968 Posts
| Quote:
The real market has been shit because of the economy. It stands to reason people will feel the hit here too as it's based on the real stock market. At least I think it is, but I'm not 100% sure. All my grams are not in the stock market, so I don't pay much attention. ![]()
__________________ Be kinder than necessary as everyone you meet is fighting some kind of battle. Save the Wand Hash! Hungry? Non-Cannabis Recipes Want real free samples? Those that forget the past are condemned to re-live it. "If you have men who will exclude any of God's creatures from the shelter of compassion and pity, you have men who will deal likewise with their fellow man." ~ St. Francis of Assisi ~ | |
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| | #3 |
| Jive Honkey ![]() ![]() ![]() ![]() ![]() Join Date: Feb 2006
Posts: 5,639
Grams: 24,775.40 Thanks: 270
Thanked 774 Times in 480 Posts
| One simple rule: The stock market value is inversely proportional to the price of crude oil. Oil prices go up, stock prices go down across the board. Oil prices go down, stock prices go up. The world economy is dependent on liquified dead dinosaurs, so the price of oil affects everything.
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| | #4 | ||
| The Cosmic Chronic ![]() ![]() ![]() ![]() ![]() ![]() Join Date: Dec 2006
Posts: 6,861
Grams: 53,853.22 Thanks: 5,020
Thanked 3,991 Times in 2,033 Posts
| Yeah, my stocks are fizucked. I gave up. That and as of now, they are practically useless...Quote:
Quote:
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| | #5 |
| New Member Join Date: Nov 2007
Posts: 84
Grams: 2,959.60 Thanks: 14
Thanked 32 Times in 20 Posts
| We are in a recession. We may not have met the definition for it yet, but most if not all economical signs point that way. I called the branch manager I interned with at Raymond James last week. All their research expects the DOW to hit 10,000 by this time next year. Stay out of the housing and credit markets. If you think the tech bubble was bad, just wait for the housing and credit bubble. It will make the tech bubble look like a spring rain compared to the hurricane coming. |
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| | #6 |
| Banned ![]() ![]() ![]() Join Date: May 2007
Posts: 3,214
Grams: 49,800.58 Thanks: 783
Thanked 1,451 Times in 889 Posts
| It's still possible to make a profit from day trading... just a bit riskier. I made about 400 off of csco on a 1 day investment with 14k. |
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| | #7 |
| Sr. Member ![]() ![]() ![]() ![]() ![]() ![]() Join Date: Aug 2005
Posts: 6,612
Grams: 36,876.49 Thanks: 337
Thanked 991 Times in 599 Posts
| I'm up at over 35% overall gains. but then again, I am invested only in gold....
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| | #8 |
| Herbal Alchemist ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Join Date: Dec 2004
Posts: 10,885
Grams: 60,924.07 Thanks: 5,295
Thanked 3,702 Times in 1,968 Posts
| The Dow Jones had a big increase today, despite the fact that the price for a barrel of oil keeps increasing. |
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| | #9 |
| Banned ![]() ![]() ![]() Join Date: May 2007
Posts: 3,214
Grams: 49,800.58 Thanks: 783
Thanked 1,451 Times in 889 Posts
| Yeah, I had 628 shares of CSCO I just sold out. And I was considering buying a few shares of AAPL, but it's up so I'm out. ![]() |
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| | #10 |
| Inhibiting Inhibitions ![]() Join Date: Dec 2004
Posts: 1,897
Grams: 11,556.68 Thanks: 934
Thanked 984 Times in 363 Posts
| I had $9,500 for a while, at about 80% profit, now down to $5,600, but my profile still says $0.00. How come?
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