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Posted: 3/15/2011 4:36:26 AM EST
http://www.google.com/finance?cid=983582&client=news

11,709.80
-283.36 (-2.36%)
Real-time: 9:36AM EDT
INDEXDJX real-time data - Disclaimer
Range 11,696.25 - 11,988.69
52 week 9,614.32 - 12,391.29
Open 11,988.69
Vol. 28.91M
Link Posted: 3/15/2011 4:37:52 AM EST
11993.16 -51.24‎ (-0.43%‎) Mar 14 4:01pm ET


Wow, the DJIA goes up and down throughout the trading day!
Link Posted: 3/15/2011 4:39:03 AM EST
Originally Posted By Tomislav:
11993.16 -51.24‎ (-0.43%‎) Mar 14 4:01pm ET


Wow, the DJIA goes up and down throughout the trading day!


that's yesterday.
Link Posted: 3/15/2011 4:40:36 AM EST
The markets are watching FOX.

Link Posted: 3/15/2011 4:41:40 AM EST
You don't make a dime in the market until you sell.
Link Posted: 3/15/2011 4:41:43 AM EST
Originally Posted By NoloContendere:
Originally Posted By Tomislav:
11993.16 -51.24‎ (-0.43%‎) Mar 14 4:01pm ET


Wow, the DJIA goes up and down throughout the trading day!


that's yesterday.



And?

Stock market goes up, stock market goes down. But every big down day seems to spawn a 'OMGSHTF' thread...

Link Posted: 3/15/2011 4:43:39 AM EST
I pulled out of equities on 2/23
Link Posted: 3/15/2011 4:44:59 AM EST

Originally Posted By Barrelburner:
I pulled out of equities on 2/23


Since you are putting your money where your thoughts are...where did you put your money next?
Link Posted: 3/15/2011 4:47:00 AM EST

Originally Posted By BustinCaps:

Originally Posted By Barrelburner:
I pulled out of equities on 2/23


Since you are putting your money where your thoughts are...where did you put your money next?

TIPS until I think the correction has run its course
Link Posted: 3/15/2011 4:47:43 AM EST
Link Posted: 3/15/2011 4:48:51 AM EST

Originally Posted By Barrelburner:

Originally Posted By BustinCaps:

Originally Posted By Barrelburner:
I pulled out of equities on 2/23


Since you are putting your money where your thoughts are...where did you put your money next?

TIPS until I think the correction has run its course

I like that. It is good to see what people are doing with their money vs. what they "would" do with it.
Link Posted: 3/15/2011 4:52:12 AM EST
Where are all of the threads when the Dow is up 200...????

Just wonderin..
Link Posted: 3/15/2011 4:56:43 AM EST
At least oil is under $100 a barrel now.
Link Posted: 3/15/2011 4:57:53 AM EST
It will be in the green by 5.
Link Posted: 3/15/2011 5:02:54 AM EST
Market closes at 4:00.
Link Posted: 3/15/2011 5:04:30 AM EST
Originally Posted By goatkisser:
Where are all of the threads when the Dow is up 200...????

Just wonderin..


Start one
Link Posted: 3/15/2011 5:15:41 AM EST
Originally Posted By JB55:
Market closes at 4:00.


No shit?
Link Posted: 3/15/2011 5:22:10 AM EST
I love it when the market drops 2% and people freak out. It weeds out the weak and creates buying opportunities. If you got out of equites you should have never been in equites. Good luck with low yielding crappy bonds, TIPS and T-Bills.
Link Posted: 3/15/2011 5:25:16 AM EST
Originally Posted By NoloContendere:
Originally Posted By goatkisser:
Where are all of the threads when the Dow is up 200...????

Just wonderin..


Start one


Thanks for your input....
Link Posted: 3/15/2011 5:42:55 AM EST
not a big deal. I leave everything the way it is - it will recover and it will also eventually be down again.

if you have to rely on it now that would worry me but since I still have a few years I do not worry to much about it.
Link Posted: 3/15/2011 5:47:18 AM EST
Maybe they should rename it from DOW to DOWN.
Link Posted: 3/15/2011 5:58:59 AM EST
Originally Posted By goatkisser:
Originally Posted By NoloContendere:
Originally Posted By goatkisser:
Where are all of the threads when the Dow is up 200...????

Just wonderin..


Start one


Thanks for your input....

He is making a valid point. If you want a thread on that then start one.
Link Posted: 3/15/2011 5:59:48 AM EST
And let the good times roll.
Link Posted: 3/15/2011 6:01:43 AM EST
Originally Posted By clindt:
At least oil is under $100 a barrel now.


Until Japan starts the rebuilding process. Then it will go up and stay up.
Link Posted: 3/15/2011 6:04:21 AM EST
5-21-11 is coming soon
Link Posted: 3/15/2011 6:10:16 AM EST
[Last Edit: 3/15/2011 7:54:09 AM EST by 1IV]
Wait for it...... Wait fooooor iittttttt.....

Boom! And we correct to the unsupported recession .

All that stimulus money we spent on Japanese industry, just vaporized.

And the Honda factory, and Nissan dealership just stoped getting new inventory for next fall, and the rest of the year.
Link Posted: 3/15/2011 6:14:26 AM EST
buy buy buy!
Link Posted: 3/15/2011 7:42:48 AM EST
ok i just sold everything!

did it help?
Link Posted: 3/16/2011 10:16:44 AM EST
A depressing read on the longer term impact of the Japanese Quake: Twin Threats of Japan and Gulf Stalk Global Recovery.

Although I'm of the opinion that the 'recovery' was bogus.

As catastrophe at home prompts Japan to repatriate chunks of its vast wealth, it is pulling the rug from under stock and bond markets thousands of miles away.

We are discovering once again that the country is the world's top creditor by far with nearly £2 trillion of net assets overseas.

The risk is doubly dangerous when combined with the fast-escalating conflict in the Persian Gulf, where Saudi Arabia's use of troops to suppress Shi'ite dissent in Bahrain risks a showdown with Iran.

"People had thought global recovery was self-sustaining and now equity markets are starting to ask whether it might be snuffed out," said David Bloom, currency chief at HSBC.

HSBC said appetite for "Uridashi" bonds of countries such as Brazil, South Africa, and Australia has "collapsed", cutting off a key source of fresh funding. The bigger effect is liquidation of global assets built up during the "carry trade", when Japan's insurers, funds and famed housewives ("Mrs Watanabe") fled zero rates to chase yield abroad. These assets include UK equities, US municipal bonds and commodity funds.

This is why an earthquake in a region covering 6pc of Japan's economy – or less than 0.5pc of global output – has set off a global rout.

Other dangers abound. CreditSights said Japan's three top banks hold $1 trillion (£62bn) of local equities. These holdings are underwater once the Topix index falls much below 800, hence the worries over the 16pc drop to 767 over the past two days.

The Bank of Japan keeps a close eye on equities and the yen. It has intervened with 21 trillion yen (£168bn) of liquidity and doubled bond purchases to 10 trillion yen to boost confidence.

Hans Redeker from BNP Paribas said the "pressure point" is the $3.9 trillion portfolio of government bonds held by the banks. The fiscal strain of the earthquake comes at time when tax revenue already covers less than half the budget, public debt is 225pc of GDP, and pension funds are becoming net sellers of bonds to meet payouts to the elderly.

The Bank of Japan may have to print money lavishly if the "deflationary equilibrium" of recent years breaks down, but this risks loss of confidence in Japan's $12 trillion debt stock, worth a fifth of global GDP. The central bank must walk a tightrope.


At some point the Japanese will have to pull equity out of the global markets to fund rebuilding - it's unavoidable.
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