S&P 500 down 41.9% for the last year (user search)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
June 13, 2024, 07:18:38 PM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  General Politics
  U.S. General Discussion (Moderators: The Dowager Mod, Chancellor Tanterterg)
  S&P 500 down 41.9% for the last year (search mode)
Pages: [1]
Author Topic: S&P 500 down 41.9% for the last year  (Read 2292 times)
opebo
Atlas Legend
*****
Posts: 47,009


« on: October 10, 2008, 04:15:45 AM »

We're probably at the bottom now. It's a great time to buy stock, not kidding, many good bargains.

I'm sure that's what lots of people were saying in 1930...
Logged
opebo
Atlas Legend
*****
Posts: 47,009


« Reply #1 on: October 12, 2008, 01:26:18 PM »

We're probably at the bottom now. It's a great time to buy stock, not kidding, many good bargains.

I'm sure that's what lots of people were saying in 1930...

Didn't one guy make millions of dollars buying shares of every stock trading for under a dollar during the Depression and saving it for a rainy day?  I remember hearing a story about one.

Perhaps, FF, but he would have been buying in 1934-5 or so, not now (which is the equivalent of 1929/1930).  We're still a couple of years at the very least from the low.
Logged
opebo
Atlas Legend
*****
Posts: 47,009


« Reply #2 on: October 13, 2008, 12:06:18 PM »

Opebo, I didn't know you were a stock market prognosticator. How interesting! 

I'm only applying the 30s template, Torie.  I can say whatever I like of course as I own no stocks and will never purchase a stock.
Logged
Pages: [1]  
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.02 seconds with 12 queries.