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Whilst the market tanks and sky is falling...

PostPosted: Thu Oct 09, 2008 4:16 pm
by SmooBoy
It's great to think I'll be out there cheering on my stangs Saturday night, getting away from these Wall Street skyscraper highdivers. At least the panic with the team is a different kind of panic.

Being a stockbroker and a Mustang fan ain't too much fun right now.

PostPosted: Thu Oct 09, 2008 4:21 pm
by jtstang
Neither is being a stockholder and mustang fan...

PostPosted: Thu Oct 09, 2008 4:27 pm
by EastStang
Image

PostPosted: Thu Oct 09, 2008 4:29 pm
by SmooBoy
Bobby McFerrin's stock has been down for some time now.

PostPosted: Thu Oct 09, 2008 4:32 pm
by Mexmustang
The only thing worse is to being an investor...

PostPosted: Thu Oct 09, 2008 4:36 pm
by RGV Pony
My biggest holdings have gone done by about 60% and 50%, respectively, in the last several weeks.

Crappy.

And I wouldn't have known, because I didn't want to know, but I had to log in to get my dividends & earnings from last year for 10/15 taxes. So doubly [deleted].

PostPosted: Thu Oct 09, 2008 4:38 pm
by EastStang
It could be worse you could live in Iceland, they are raising the taxes on Vodka to meet the National debt to due bank failures. 20 hours per day of darkness, your banks are failing and now your booze costs more.

PostPosted: Thu Oct 09, 2008 4:46 pm
by mrydel
Mrsmrydel has been in a kind of depressed state due to a milestone birthday she celebrated yesterday. She was able to recover and went shopping today. Her investment into the economy should start to show tomorrow and the consumer confidence should follow. Keep you eyes open for good deals quickly because she has her shopping game face on.

PostPosted: Thu Oct 09, 2008 4:51 pm
by ponyte
Odd how the two are similar. I have no control over the Stock market or our team’s performance. Both have less than stellar performances lately. I keep losing money (one through investment and one through donations, tickets, etc.) and I hope and pray that both will recover soon.

The biggest difference so far is one is an unrealized loss and the other is a realized loss.

PostPosted: Thu Oct 09, 2008 4:54 pm
by chillinfool
Makes you wonder what will happen first, the DOW going to 12,000 again, or SMU having a winning season?

PostPosted: Thu Oct 09, 2008 4:55 pm
by Mexmustang
I have been looking at mortality tables...will I die or my money run out first?

PostPosted: Thu Oct 09, 2008 5:01 pm
by Argyle Pony
My brothers call me everyday just to know that I haven't sliced my wrist...but then I have been calling them...knowing they are aggies...Go Mustangs!!!

PostPosted: Thu Oct 09, 2008 5:11 pm
by BUS
Now is a GREAT time to study up and BUY.
AIG is pretty cheap. If you believe it will stay around you should buy some.

Kind of like our Mustangs. From one win a year we can not go down much more.

What other stocks are in the tank but will survive? :wink:

PostPosted: Thu Oct 09, 2008 5:47 pm
by abezontar
BUS wrote:Now is a GREAT time to study up and BUY.
AIG is pretty cheap. If you believe it will stay around you should buy some.

Kind of like our Mustangs. From one win a year we can not go down much more.

What other stocks are in the tank but will survive? :wink:


I guessing GM and Ford since we gave them a 25 billion bailout just before the 700 billion one. I'm banking on the government not letting them go under.

PostPosted: Thu Oct 09, 2008 6:56 pm
by Pony_Fan
BUS wrote:Now is a GREAT time to study up and BUY.
AIG is pretty cheap. If you believe it will stay around you should buy some.

Kind of like our Mustangs. From one win a year we can not go down much more.

What other stocks are in the tank but will survive? :wink:


Good question, oh wise ones!

The canned response from a brocker: "Well, history suggests you stay in for the long haul, yada yada"....well, what if you are losing more % of your portolio than you can afford to"

It's VERY dicey right now!! What is the hot stock that is sure to go up?