Chicago Barn to Wire Breeders' Cup Handicapping Tournaments
Home | News | Bloggers | Forums | Resources | Links | Marketplace | Gallery | Contact Us | Search


October 24, 2014, 01:55:52 PM *
Welcome, Guest. Please login or register.

Login with username, password and session length
News: If you don't remember your password, email me.

New  registration procedures -- Some ISPs have been bouncing the verification emails.  Please email me to be activated or if you have any problems.  Click Contact Us above.
 
   Home   Help Search Login Register  
Pages: [1] 2 3 ... 51   Go Down
  Print  
Author Topic: Stock Market Crash  (Read 83567 times)
Kenneth J. Chadwick
Hero Member
*****
Posts: 3047




Ignore
« on: October 06, 2008, 12:17:54 PM »

Okay here is some news worthy items:

Quote from my Investment Adviser:

The stock market is in an out-and-out panic at the present time. We've got forced liquidations, deleveraging, and hedge fund dumping all happening at the same time. And while we do believe that we are close to the end of this debacle, we see no reason to be a hero at this time.

Down 500+ Points.
Remember the market is a forward indicator.  We are looking 6 months out.

Kenneth J. Chadwick
Report to moderator   Logged

It's a Wonderful Life, let's live every moment like its your last.
AlongTheRail
Sr. Member
****
Posts: 436




Ignore
« Reply #1 on: October 06, 2008, 12:33:17 PM »

It would be a good time to take all your money and hide it under your mattress, that's if you still have any money or haven't already sold your mattress.
Report to moderator   Logged
FreeLegged
Guest

« Reply #2 on: October 06, 2008, 12:40:30 PM »

It would be a good time to take all your money and hide it under your mattress, that's if you still have any money or haven't already sold your mattress.



 Cheesy

 thumbs up thumbs up thumbs up
Report to moderator   Logged
Buffaloboy
Hero Member
*****
Posts: 5091




Ignore
« Reply #3 on: October 06, 2008, 02:00:27 PM »

Through crisis is opportunity.
Report to moderator   Logged

When will Barn To Wire finally do the right thing and ban Clockerterry & Edwarren for their continued lies, anti-American & anti-semetic statements and their general disrutpive stupidity? 

“The answer to a government that’s too big is to stop feeding its growth.” - President Ronald W. Reagan
AlongTheRail
Sr. Member
****
Posts: 436




Ignore
« Reply #4 on: October 06, 2008, 02:02:46 PM »

Through crisis is opportunity.

For the repo man.
Report to moderator   Logged
talking head
Guest

« Reply #5 on: October 06, 2008, 02:30:40 PM »

Invest your money in a racehorse in either New York or Pennsylvania!
Report to moderator   Logged
Kenneth J. Chadwick
Hero Member
*****
Posts: 3047




Ignore
« Reply #6 on: October 06, 2008, 02:34:18 PM »

How about investing in EPO?
The new Vigra.

Doesn't that sound like an upcoming new drug for old gessers? geezer

Do I have this thing right? doh


Kenneth J. Chadwick
Report to moderator   Logged

It's a Wonderful Life, let's live every moment like its your last.
bettor2belucky
Hero Member
*****
Posts: 1782




Ignore
« Reply #7 on: October 06, 2008, 02:38:15 PM »

BUY, BUY, BUY, the stocks that have shown strong fundementals before the sell off........I am Wink
Report to moderator   Logged

"A government big enough to give you everything you want,is a government big enough to take away everything you have."  Thomas Jefferson

"I'm the President I can afford better." Barack Hussein Obama
Dolfan
Hero Member
*****
Posts: 6347




Ignore
« Reply #8 on: October 06, 2008, 02:58:28 PM »

Good call, bettor - probably not a bad idea to sell if it rallies on Turnaround Tuesday.

Ken, relax, this is NOT "panic selling".  Panic selling would bring it down much harder.  We may get there (eventually), we may not.  This is the typical pounding of bear market.  Wall Street also factoring in the likelihood of Obama & nobody's gonna wait till election day to sell that possibility.
Report to moderator   Logged

We can produce more wealth, but we cannot produce more time.  When we give someone our time, we actually give a portion of our life that we will never get back.
VicD
Hero Member
*****
Posts: 1983




Ignore
« Reply #9 on: October 06, 2008, 05:01:04 PM »

Funny how everyone is going to "buy low.."
Who is losing the money if everyone is doing this?
There's nowhere to hide right now, especially if you are retired or about to retire...
Report to moderator   Logged
pacinfool
Hero Member
*****
Posts: 507




Ignore
« Reply #10 on: October 06, 2008, 05:27:13 PM »

1987 was a real crash and october ain't over yet. of course, there are circuit breakers that would go into effect if a similar situation occured that were not in place in 1987.

of course, many people who bought immediately after the crash of 1987 and held for years like holding a house or a cd.....they made money.

cisco systems is just one example. october 1987 to october 1999.....12 years. especially, after all those splits.

john d. said he invested when there was blood in the streets.

looks bad now....probably gonna get worse but, that means opportunity when it bottoms.

unless, you are of the opinion that the whole country is going under ....then run and hide if you can.
Report to moderator   Logged
talking head
Guest

« Reply #11 on: October 07, 2008, 03:54:03 PM »

Down another 500 today! doh
Report to moderator   Logged
Buffaloboy
Hero Member
*****
Posts: 5091




Ignore
« Reply #12 on: October 07, 2008, 04:33:13 PM »

For the repo man.


Rail, let me ask you something and I do not mean this to be insulting or sarcastic: yes, prices on many things are up but if you took a smart mortgage, minimized your credit card usage, keep up to date on your investments and 401K and also have a reasonably safe job, do you not think you cant get through this?
Report to moderator   Logged

When will Barn To Wire finally do the right thing and ban Clockerterry & Edwarren for their continued lies, anti-American & anti-semetic statements and their general disrutpive stupidity? 

“The answer to a government that’s too big is to stop feeding its growth.” - President Ronald W. Reagan
mottoman
Hero Member
*****
Posts: 2882




Ignore
« Reply #13 on: October 07, 2008, 05:16:36 PM »

This is the closest thing to the great depression that all of us will see.  The wealth destruction is unbelievable and the unemployment and inflation are going to shock alot of people in the next year or too.  I have sold 50% of all positions over the last 3 months, I would wait until the second half of next year to look for cash rich companies on the cheap.  The market should get a nice rally soon maybe 1200 points and I would advise raising cash into the rally.
Report to moderator   Logged
Kenneth J. Chadwick
Hero Member
*****
Posts: 3047




Ignore
« Reply #14 on: October 07, 2008, 05:27:57 PM »

I think this quarter is going to the biggest ball "b" that I have ever seen in my life.

No one is absolutely doing anything in business.

Talk about a meltdown.

I think this election and the uncertainty is killing everyone.

Kenneth J. Chadwick
Report to moderator   Logged

It's a Wonderful Life, let's live every moment like its your last.
talking head
Guest

« Reply #15 on: October 07, 2008, 06:01:39 PM »

I think this quarter is going to the biggest ball "b" that I have ever seen in my life.

No one is absolutely doing anything in business.

Talk about a meltdown.

I think this election and the uncertainty is killing everyone.

Kenneth J. Chadwick
I HATE to turn this into another political thread but if there was NO Election the market WOULD STILL BE TANKING! (going down)
Report to moderator   Logged
mottoman
Hero Member
*****
Posts: 2882




Ignore
« Reply #16 on: October 07, 2008, 06:13:58 PM »

I agree Kenneth, but I don't think the election has anything to do with it, historically election years are very good for the market, especially democratic.  The credit markets are completely frozen up and you will see ok earnings reports coming out this month but the warnings for the next quarter are going to be unbelievably bad.  Business has slowed like nothing seen in the last 50 years due to this credit crisis.  This is as serious a problem I have seen in 25 years.  I think it will make the last 3 recessions seem like a party, if a depression comes we are all going to be in trouble.  There could be alot of civil unrest and riots.
Report to moderator   Logged
AlongTheRail
Sr. Member
****
Posts: 436




Ignore
« Reply #17 on: October 07, 2008, 06:35:11 PM »


Rail, let me ask you something and I do not mean this to be insulting or sarcastic: yes, prices on many things are up but if you took a smart mortgage, minimized your credit card usage, keep up to date on your investments and 401K and also have a reasonably safe job, do you not think you cant get through this?

Absolutely, if you did and have all those things.  But that's not the majority.  If a financial crisis truly hits America, the repo man will be in full effect.  Look at the foreclosure rate and the economy hasn't even hit bottom yet.  Everything is on credit and many of Americans don't own anything outright.  Don't have the money, can't make the payments, repo man come your way.
Report to moderator   Logged
Kenneth J. Chadwick
Hero Member
*****
Posts: 3047




Ignore
« Reply #18 on: October 10, 2008, 10:46:44 AM »

I never have seen so much blood in the market.

We have seen history in the making.

I think one more slam today (October 10, 2008).

Over the weekend people will not sleep well.

Everyone will talk about it.

Monday another busting day.

Monday afternoon or Tuesday morning, guess who makes a 10 % investment?

Not Barack NoBama, but

KJC.

I think this may be the opportunity of the lifetime.

It takes "B" but I am a gambler at heart.

PM if you like.

Kenneth J. Chadwick
Report to moderator   Logged

It's a Wonderful Life, let's live every moment like its your last.
talking head
Guest

« Reply #19 on: October 10, 2008, 11:42:17 AM »

I never have seen so much blood in the market.

We have seen history in the making.

I think one more slam today (October 10, 2008).

Over the weekend people will not sleep well.

Everyone will talk about it.

Monday another busting day.

Monday afternoon or Tuesday morning, guess who makes a 10 % investment?

Not Barack NoBama, but

KJC.

I think this may be the opportunity of the lifetime.

It takes "B" but I am a gambler at heart.

PM if you like.

Kenneth J. Chadwick
The market will go up once the bailout plan starts helping the credit markets!
Report to moderator   Logged
CLOCKERTERRY
Guest

« Reply #20 on: October 10, 2008, 11:46:30 AM »

Monday afternoon or Tuesday morning, guess who makes a 10 % investment?

Not Barack NoBama, but

KJC.

I think this may be the opportunity of the lifetime.

It takes "B" but I am a gambler at heart.

Ten whole per cent? Wow, you really ARE a wild gambler!
Report to moderator   Logged
Kenneth J. Chadwick
Hero Member
*****
Posts: 3047




Ignore
« Reply #21 on: October 13, 2008, 12:38:18 PM »

Ten whole per cent? Wow, you really ARE a wild gambler!

ClockerTerry:

I want to thank you publicly for your valuable feedback concerning the 10%.
You are absolutely correct about the 10%.
This morning I took 60% plunge.

Thank you,

Kenneth J. Chadwick 
Report to moderator   Logged

It's a Wonderful Life, let's live every moment like its your last.
CLOCKERTERRY
Guest

« Reply #22 on: October 13, 2008, 12:53:37 PM »

ClockerTerry:

I want to thank you publicly for your valuable feedback concerning the 10%.
You are absolutely correct about the 10%.
This morning I took 60% plunge.

Turned $6 into $6.20 just like that, eh?

Congratulations.
Report to moderator   Logged
talking head
Guest

« Reply #23 on: October 13, 2008, 02:30:01 PM »

Actually tomorrow will be a better indicator of whats going to happen because the banks in the United States are closed today because of Columbus Day!
Report to moderator   Logged
Kenneth J. Chadwick
Hero Member
*****
Posts: 3047




Ignore
« Reply #24 on: October 13, 2008, 02:37:35 PM »

Turned $6 into $6.20 just like that, eh?
Congratulations.

ClockerTerry:

I am a 100% in the market right now.

I saw Treasury Assistant, Neel Kashkari, on Squawk Box on Monday October 13, 2008, extremely impressive.

I also read an article about him in Chicago Sun Times, the same day but in the afternoon.

Why do I bring this up?

This guy is in charge of the bailout.
If anyone going to make this work, its going to be him.

Give kudos to Hank Paulson, for having this guy on his team and also to
George W. Bush, who saving this country from a depression.

Kenneth J. Chadwick     
Report to moderator   Logged

It's a Wonderful Life, let's live every moment like its your last.
Pages: [1] 2 3 ... 51   Go Up
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.20 | SMF © 2013, Simple Machines Valid XHTML 1.0! Valid CSS!
Page created in 0.099 seconds with 17 queries.

Home
Upcoming events
Arlington Million
Horse slaughter in IL
Racing TV schedule
News Updates
Legislation

Galloping Out

Previous stories

Arlington
Balmoral
Hawthorne
Maywood
Chicago Sun-Times
Chicago Tribune
Blood-Horse
Daily Racing Form
Thoroughbred Times
Harness Link
Illinois Racing Board

 

2014

Arlington Million
Triple Crown
Illinois Derby

2013

Breeders' Cup
Hawthorne Gold Cup
Arlington Million
Triple Crown
Illinois Derby

2012

Breeders' Cup
Hawthorne Gold Cup
Arlington Million
Triple Crown
Illinois Derby

More ebay items

 

Home | News Updates | Bloggers | Forums | Search
Resources | Links | Marketplace | Gallery | Advertising | Contact Us

Copyright © 2000-2014 Chicago Barn to Wire. All rights reserved.
Privacy policy