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Stock Markets Around the World Plunging!!!

Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
06-13-2006 13:27
http://www.marketwatch.com/news/globalmarkets/default.asp?siteid=myyahoo

World Recession Immenint?!

Japan down 4.1% TODAY
USA down 900 points over the past couple weeks (1% today)
Turkey down 5.7% TODAY
Europe down around 2.2% TODAY, more than 8% in the past couple weeks
India down 4.4% YESTERDAY

wOOt, global recession ahead!!!
Phoenix Psaltery
Ninja Wizard
Join date: 25 Feb 2005
Posts: 2,599
06-13-2006 13:29
:rolleyes:

P2
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Rasah Tigereye
"Buckaneer American"
Join date: 30 Nov 2003
Posts: 783
06-13-2006 13:33
OH NOES! zOMG! Sell your $L NOW!!! Sell Sell Sell!!!
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Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
06-13-2006 13:37
ahwoooogah!!!!!

This is actually somewhat scary. Hope you all got your resumes polished up and your emergency fund full.

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

if this silliness keeps up much longer, how many of you will be in the free bread queues?
Khamon Fate
fategardens.net
Join date: 21 Nov 2003
Posts: 4,177
06-13-2006 13:41
Yea time to buy!
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Rasah Tigereye
"Buckaneer American"
Join date: 30 Nov 2003
Posts: 783
06-13-2006 13:46
From: Jamie Bergman
ahwoooogah!!!!!

This is actually somewhat scary. Hope you all got your resumes polished up and your emergency fund full.

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

if this silliness keeps up much longer, how many of you will be in the free bread queues?



Wasn't it ZOMGWE'REALLGOINGTODIEMUCH worse soon after 9/11 and the Internet Bubble crash? (when I lost my job and couldn't find one for two frikin years)
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Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
06-13-2006 13:46
From: Rasah Tigereye
Wasn't it ZOMGWE'REALLGOINGTODIEMUCH worse soon after 9/11 and the Internet Bubble crash? (when I lost my job and couldn't find one for two frikin years)


We're going to have the housing crash soon.

It will suck again.

Thankfully, I don't have to worry. I wish the rest of you well.
Psyra Extraordinaire
Corra Nacunda Chieftain
Join date: 24 Jul 2004
Posts: 1,533
06-13-2006 13:48
Everybody Move To Norway! Quick!
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Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
06-13-2006 13:49
From: Psyra Extraordinaire
Everybody Move To Norway! Quick!


One step ahead of you :)
Psyra Extraordinaire
Corra Nacunda Chieftain
Join date: 24 Jul 2004
Posts: 1,533
06-13-2006 13:50
I don't worry about where I am really. I live in the clouds. There's no taxes there. Mind you there's no restaurants either, but I'm crazy enough to sacrifice those luxuries.
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mcgeeb Gupte
Jolie Femme @}-,-'-,---
Join date: 17 Sep 2005
Posts: 1,152
06-13-2006 13:59
From: Jamie Bergman
http://www.marketwatch.com/news/globalmarkets/default.asp?siteid=myyahoo

World Recession Immenint?!

Japan down 4.1% TODAY
USA down 900 points over the past couple weeks (1% today)
Turkey down 5.7% TODAY
Europe down around 2.2% TODAY, more than 8% in the past couple weeks
India down 4.4% YESTERDAY

wOOt, global recession ahead!!!


Now your screaming the Real Life markets are doing bad!!! Get a life! Never have anything good to say or do, except sell.....nevermind.
Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
06-13-2006 14:00
From: mcgeeb Gupte
Now your screaming the Real Life markets are doing bad!!! Get a life! Never have anything good to say or do, except sell.....nevermind.


Because it IS time to sell. Duh.

If you want to lose money, be my guest.
Dragon Keen
Registered User
Join date: 24 Apr 2006
Posts: 245
06-13-2006 14:06
From: Jamie Bergman
http://www.marketwatch.com/news/globalmarkets/default.asp?siteid=myyahoo

World Recession Immenint?!

Japan down 4.1% TODAY
USA down 900 points over the past couple weeks (1% today)
Turkey down 5.7% TODAY
Europe down around 2.2% TODAY, more than 8% in the past couple weeks
India down 4.4% YESTERDAY

wOOt, global recession ahead!!!


was wrong about the L$ today so looks like you have to shift attention?
Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
06-13-2006 14:08
From: Dragon Keen
was wrong about the L$ today so looks like you have to shift attention?


You're kidding right? Check the price right now... L$336 / $1 USD and falling faster than Fats Domino.

SELL
SELL
SELL
Dragon Keen
Registered User
Join date: 24 Apr 2006
Posts: 245
06-13-2006 14:12
From: Jamie Bergman
You're kidding right? Check the price right now... L$336 / $1 USD and falling faster than Fats Domino.

SELL
SELL
SELL


336... hmm you predicted much much higher

and its not falling very fast if its only been L$6 from the start of the day. i dont think the 2 people at 336 and 335 really care and just wanted to dump their lindens.

anywhoo as the quote goes "dont argue with an idiot in cyberspace, they'll beat you by only being more experienced"
Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
06-13-2006 14:13
From: Dragon Keen
336... hmm you predicted much much higher

and its not falling very fast if its only been L$6 from the start of the day


poor soul, it was 326 when i posted the warning yesterday.

*sigh* kids these days.
Mad Wombat
Six Stringz Owner
Join date: 21 Jan 2006
Posts: 373
06-13-2006 14:15
From: Jamie Bergman
You're kidding right? Check the price right now... L$336 / $1 USD and falling faster than Fats Domino.

SELL
SELL
SELL


L$336 / US$1.00 1 L$2,908
L$335 / US$1.00 1 L$98,000
L$330 / US$1.00 6 L$433,058

Well, stop selling at 336. There is plenty of space between 330 and 335. This is just too obvious, Jamie...
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Lewis Nerd
Nerd by name and nature!
Join date: 9 Oct 2005
Posts: 3,431
06-13-2006 14:29
The original post is based on two false assumptions.

1) Anyone actually cares.

2) Anyone actually has investments that might be affected.

You can't beat cash in a cookie jar under the bed for security.

The cookies that you need to eat to get the empty jar in the first place aren't half bad either.

Lewis
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Gabe Lippmann
"Phone's ringing, Dude."
Join date: 14 Jun 2004
Posts: 4,219
06-13-2006 14:31
From: Jamie Bergman
Because it IS time to sell. Duh.

If you want to lose money, be my guest.


What a very astute and well thought out investment strategy. :rolleyes:

EDIT: Lewis, your assumptions are incorrect. Some people care. Some people have money invested. Hiding money in your house is not secure.
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mcgeeb Gupte
Jolie Femme @}-,-'-,---
Join date: 17 Sep 2005
Posts: 1,152
06-13-2006 14:42
From: Mad Wombat
L$336 / US$1.00 1 L$2,908
L$335 / US$1.00 1 L$98,000
L$330 / US$1.00 6 L$433,058

Well, stop selling at 336. There is plenty of space between 330 and 335. This is just too obvious, Jamie...



At least someone has common sense. Jamie claims it was 336 and the only order there was somewhere around 15K, pennies compared to the millions sold each day. Go to 330 where a real order is. That is the current best sell price.
mcgeeb Gupte
Jolie Femme @}-,-'-,---
Join date: 17 Sep 2005
Posts: 1,152
06-13-2006 14:43
From: Jamie Bergman
Because it IS time to sell. Duh.

If you want to lose money, be my guest.


Thats what Jamie said last Tuesday when it was 336/1. It strengthened in the range of 320 to 325 the next couple days after and those who took her advice lost money.
Rasah Tigereye
"Buckaneer American"
Join date: 30 Nov 2003
Posts: 783
06-13-2006 14:58
From: mcgeeb Gupte
At least someone has common sense. Jamie claims it was 336 and the only order there was somewhere around 15K, pennies compared to the millions sold each day. Go to 330 where a real order is. That is the current best sell price.



Earlier today someone messed up placing a buy order, ad accidentally placed $80,000L at $345 in te sell order. At least I THINK they messed up and did that by accident. Over $10US loss on that one...
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Jonas Pierterson
Dark Harlequin
Join date: 27 Dec 2005
Posts: 3,660
06-13-2006 15:09
Moved to Sandbox
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Zapoteth Zaius
Is back
Join date: 14 Feb 2004
Posts: 5,634
06-13-2006 15:32
Moving to Sandbox as its not directly SL related.
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Elror Gullwing
Registered User
Join date: 6 Sep 2004
Posts: 306
Buy, Buy, Buy...
06-14-2006 10:36
From: Khamon Fate
Yea time to buy!


Exactement.... I hear people that did not panic in October '87 and quietly bought up cheap shares and paper being dumped by everyone else made a FORTUNE.

*waves at Khamon
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