How about that DOW?

[Rich]

You are so cynical, it makes me sick. Come to think of it Rich, I don't think I've ever heard you "type" anything on this forum without a taint of sarcasm behind your fingers!

The word you're looking for is realistic, unless you're wealthy enough enough to throw cash at a dead duck

 

[ajetrumpet]

Are you saying I don't understand how the market works? Or are you saying you think that Lehman brothers had a good investment strategy? I am scratching my head over here.

Talking about the MECHANICS of the market. All people know is what I have said above. When the majority is BUY orders, the market goes UP, when the majority is SELL orders, it goes DOWN. That's all people usual can tell you, but there is actually a REASON for that!

 

[Alisa]

Do you have a point, because I seem to be missing it . . .

 

[ajetrumpet]

Nope. No point, just a random fact that has to do with the market. There is no point to anything anymore, remember? We're the same age, we both think alike.

 

[Alisa]

Oh good, I feel better now. I thought I was missing something important

 

[ajetrumpet]

You're almost like Rich, Alisa. You are CYNICAL. Looking for a guy? LOL!

 

[Alisa]

Sorry, I'm already married, but my husband is just about as cynical as I am Makes for a happy marriage.

 

[ajetrumpet]

Sorry, I'm already married, but my husband is just about as cynical as I am Makes for a happy marriage.

Makes for a great fit in today's world. ha ha.

 

[Brianwarnock]

Talking about the MECHANICS of the market. All people know is what I have said above. When the majority is BUY orders, the market goes UP, when the majority is SELL orders, it goes DOWN. That's all people usual can tell you, but there is actually a REASON for that!

So why doesn't a clever b***etc like you seem to think you are tell all us thickos what it is, or is it a case of people buy when it is going up and sell when it is going down.

Brian

 

[ajetrumpet]

Simply put Brian, START BUYING and the value will increase. How about that Mr. Thicko? This crap is like the downward spiral of pricing of gasoline. One person lowers the price, then the next to compete, then the next, etc...

Nobody has the BALLS to make to move. Worst of all, the person that is supposed to be LEADING this god-foresaken country! I think that's enough for now...

 

[redneckgeek]

Talking about the MECHANICS of the market. All people know is what I have said above. When the majority is BUY orders, the market goes UP, when the majority is SELL orders, it goes DOWN. That's all people usual can tell you, but there is actually a REASON for that!

I assume you just finished an ECONOMICS 101 class, and feel you have something on the rest of us? If you have something to say, then enlighten us.

I know I don't understand how the stock market works - and I've been studying the process for years.

 

[ajetrumpet]

No thanks. That would be like me giving out client financial information to a bum on the street, and then him going to tell the police about it. Boom, arrested. I don't want to end up there. Thanks for the offer though!

Hint: Why is the asking price always higher than your bid price? Assets are worth only what people are willing to PAY for them...


I leave it to you at this point...

 

[statsman]

There are a number of economic factors to consider before buying stocks again (even at rock bottom prices).
The price of gold is a good indicator. People buy gold when their frightened or nervous. Right now it's approaching $1000 per ounce.
When the price starts going down, it means people are regaining their confidence. THATS the time to buy stocks again.

 

[Banana]

Under other circumstances, I would agree that price of gold would be be a good indicator but not this time. There is a serious dissonance between the price and supply; several dealers and mints are wiped out of their gold (and even silver) supply and unable to meet the high demand. Under ordinary circumstances, that would have prompted the price to skyrocket, but this wasn't the case.

One part of factor is that there's larger number of gold ETF circulating which aren't actually backed by actual gold; it's just a promise to buy gold when you redeem the certificate, so it gives appearance that there are much more gold circulating... at least until you actually demand for the actual good, they turn up empty handed.

 

[redneckgeek]

No thanks. That would be like me giving out client financial information to a bum on the street, and then him going to tell the police about it. Boom, arrested. I don't want to end up there. Thanks for the offer though!

Hint: Why is the asking price always higher than your bid price? Assets are worth only what people are willing to PAY for them...


I leave it to you at this point...

lol
I forgot to turn the sarcasm tag on in my previous post. I certainly don't need advice from you. I'm doing just fine, thank you.

 

[ajetrumpet]

lol
I forgot to turn the sarcasm tag on in my previous post. I certainly don't need advice from you. I'm doing just fine, thank you.

NO PROBLEM. I'm not a financial advisor. And even if I was, I don't think you'd take too kindly to my advice. I live in a world surrounded by your kind, and I hate it.

 

[redneckgeek]

surrounded by your kind

Hey, that's racist!
Oh wait... I'm white... nevermind

 

[ajetrumpet]

In light of this thread, i find this one pretty funny:

http://www.access-programmers.co.uk/forums/showthread.php?t=127426

 

[ColinEssex]

NO PROBLEM. I'm not a financial advisor. And even if I was, I don't think you'd take too kindly to my advice. I live in a world surrounded by your kind, and I hate it.

Who's going to listen to an American? Not exactly flavour of the month are you.

Col