No thread about the market drop today? [Archive] - Glock Talk

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poodleshooter1
08-04-2011, 22:37
Glad I cashed out of AMD recently when it jumped up 20% and kept the money in cash. :whistling:

It will be a while before I put the money back in, going to wait and see what happens with the economy for a bit.

smokeross
08-05-2011, 00:10
Everyone is too busy liking their wounds and hoping they don't get finished off tomorrow.

4TS&W
08-05-2011, 00:36
there were a couple of threads..

TreverSlyFox
08-05-2011, 01:52
Glad I cashed out of AMD recently when it jumped up 20% and kept the money in cash. :whistling:

It will be a while before I put the money back in, going to wait and see what happens with the economy for a bit.


Hehehehe, how much money do you figure you'll loose as the Dollars that the 20% you just got loose value/buying power like a rock?

RatDrall
08-05-2011, 05:26
No thread about the market drop today

No one here is surprised.

Most have prepared by moving into safer things by now. Not much sympathy for those who haven't learned, over the last 10 years, how fragile our economy is right now and prepared accordingly.

PAPACHUCK
08-05-2011, 06:05
Beware of electronic money.

You don't really have it.

Own what you have.

poodleshooter1
08-05-2011, 11:02
Hehehehe, how much money do you figure you'll loose as the Dollars that the 20% you just got loose value/buying power like a rock?

My money has gained value. The lead, copper and brass I invested in years ago and have been since then has trippled in value.

SilverCity
08-05-2011, 11:20
Beware of electronic money.

You don't really have it.

Own what you have.

^^^wisdom

SC

lawman800
08-06-2011, 14:04
What else is new...

Akita
08-06-2011, 15:05
Hehehehe, how much money do you figure you'll loose as the Dollars that the 20% you just got loose value/buying power like a rock?

Agreed. Keeping it in cash is as bad or worse than anything you can do right now imo.

(tho i dont think the snickering is called for)

poodleshooter1
08-07-2011, 12:29
Agreed. Keeping it in cash is as bad or worse than anything you can do right now imo.

(tho i dont think the snickering is called for)

Pour it into ammo, guns and mags?

cowboy1964
08-07-2011, 15:55
Israeli market is down 7% today. Monday is going to be interesting. The Asian markets should be opening soon.

poodleshooter1
08-07-2011, 17:47
Israeli market is down 7% today. Monday is going to be interesting. The Asian markets should be opening soon.

I remember there were people thumping their chests after the drop the other day because they bought in heavily thinking the price was a bargain, and it was. Problem is that it is just going to go down more and more for a while.

SilverCity
08-07-2011, 19:56
I remember there were people thumping their chests after the drop the other day because they bought in heavily thinking the price was a bargain, and it was. Problem is that it is just going to go down more and more for a while.

It's called trying to catch a falling knife...ouch. :tongueout:

SC