World Equity Markets Crash

[Francis Sollozzo]

Bloody Red Everywhere.

http://money.cnn.com/data/world_markets/

[pico]

waiting to buy some when dow hits 5k

[ryanspeer2001]

Francis can you explain what this means?

I have never really dabbled in currency equity.

[Robust]

Francis can you explain what this means?

I have never really dabbled in currency equity.

i am no expert, but if it decreases, your money is worth less (not worthless.. lol).. so you cannot buy the same amount of stuff as before with the same paycheck..

anyone else wanna chime in?

Robust

[Francis Sollozzo]

Equity Market is fancy for Stock Market. It is not Currency Market.

The link in OP is for the Worlds Stock Exchanges. Looks like all major markets are down 1.5-2.5% today.

[ryanspeer2001]

i am no expert, but if it decreases, your money is worth less (not worthless.. lol).. so you cannot buy the same amount of stuff as before with the same paycheck..

anyone else wanna chime in?

Robust

Thanks for the response. I actually figured as much but what I wonder more specifically is how a major sell-off like this occurs and when it does is it effecting finance on a more corporate level? What about for traveling, that seems like its a no brainer right???

How is Sweden still in the black/green?

[jjgold]

Anyone investing in the financial sector is really a sucker

Stocks will be dead for the next 5 years

[AgainstAllOdds]

Let the ****ers crash and burn...I dont give a shit. I have no money in stocks, 401k or Social Security so fuk em.

The longer they stay down the cheaper most things will be.

[Francis Sollozzo]

Obama signs $787 billion give away, US Market falls 3.25% -250

[SlickFazzer]

no confidence out there...

just like with women. if you have
no confidence you wont score.

[Francis Sollozzo]

no confidence out there...

just like with women. if you have
no confidence you wont score.

Nothing but doom and gloom from this administration. Even if it's true they need to stop repeating the Sky is Falling talk.

[buztah]

You ignint kok phux will never be rich. Look at history. First year of a new kok's presidency is typically very bad in the financial markets, due to uncertainty (mkts loathe uncertainty). Throw in the housing/lending crisis and it is compounded. We sharps will remain short though summer, and during the september sell off, when the market hits its lows for the year, we will cover and go long/load up and hold through the 4th year of O's term. We are sharp. We are sharp.

Corbin will confirm.

[SlickFazzer]

yes buzzy, come late summer we will be firing hard on this end as well.

[Francis Sollozzo]

Closed -297.96 (-3.80%)

I going to buy Mex Peso

[HAPPY BOY]

my ass is sore wow how much can it keep going down?

[RageWizard]

I'm going out on a limb and telling you to buy the financial ETF tommorrow off the open at around 9:45. Then sell it next Wednesday. This is when you buy them, when nobody wants them. Lets see how I do next week. XLF is priced at around $ 8.10, so place a $1.00 stop ( 1 point) and then watch it grow.