Personally, I think we are teetering on the edge. I think it's ready to totally crash. It's really strange, too, that day after day we get more bad news and the stock market goes up. I think something weird is going on behind the scene.
What do you think is going to happen to the stock market?
- Thread starter Scoop
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yeah, there have been companies getting busted for market manipulation, and I think that prices are still overly inflated. My investments are outta the US stock market for the last 8 months or so. Good thing too, because I would have lost my booty.
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That's a great way to put it. You don't care if I borrow that term do you?
That's a great way to put it. You don't care if I borrow that term do you?
The last time I owned stock was during the Reagan years - I lost my butt then, so I got out and stayed out. (and yet folks keep saying how good we had it then...
)
Now I stick with investments that may not gain me big money fast, but over the long haul they are a lot safer and help me sleep at night a little better.
ETA - as an interesting note, though, in the local magazine classified, there was an ad for United Citizens Bank Stock for sale... um... bank stock is probably the last stock I would invest in right now
meri
Now I stick with investments that may not gain me big money fast, but over the long haul they are a lot safer and help me sleep at night a little better.
ETA - as an interesting note, though, in the local magazine classified, there was an ad for United Citizens Bank Stock for sale... um... bank stock is probably the last stock I would invest in right now
meri
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we will " one day recover".. but right now we are kinda like a rollercoaster at the top before the BIG DROP OFF. BUT the thing is we can either take the drop off and suffer what comes with it , or hope that the coaster levels out..
the housing market will have to recover for the stock market to settle...
the housing market will have to recover for the stock market to settle...
As a stock broker, I will say things look bleak. There will be no recovery in the short term.
we play the Virtual stock exchange at http://vse.marketwatch.com
this year hubby started with 1 million and profitted just over a quarter million. it's not a bad return for such a bleak year.
We've been doing it for a couple of years now, it's very enlightening to do really, and now that we're in our 2nd year and several scenarios, we are finally learning how to make the money
my first couple games.. I lost millions!!!! but live & learn... and this is a fantastic way to do so.
there is ALWAYS money to be made in the market.
maybe we could start a BYC Virtual Stock Game & all signup & trade together!
this year hubby started with 1 million and profitted just over a quarter million. it's not a bad return for such a bleak year.
We've been doing it for a couple of years now, it's very enlightening to do really, and now that we're in our 2nd year and several scenarios, we are finally learning how to make the money
my first couple games.. I lost millions!!!! but live & learn... and this is a fantastic way to do so.
there is ALWAYS money to be made in the market.
maybe we could start a BYC Virtual Stock Game & all signup & trade together!
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