dow limbo

[HairyArsedBloke]

Closing figure in 3 minutes, it just seems to drop and drop.

What market are you watching?

[DiscoStu]

What market are you watching?

The Dow. Finally closed at 9447

[HairyArsedBloke]

The Dow. Finally closed at 9447

Oh, you're getting delayed quotes. Sorry.

[Stan.goodvibes]

Yawwwwwwwn

The sharemarket goes down, then it goes up, then it goes down (repeat as necessary).

Look! I can predict the future... the sharemarket will go down, but then... it will go up again. Advice you can take to the bank.

Perhaps we should start a thread about the tide - look! its down again!

enough already.

[BigTime]

Yawwwwwwwn

The sharemarket goes down, then it goes up, then it goes down (repeat as necessary).

Look! I can predict the future... the sharemarket will go down, but then... it will go up again. Advice you can take to the bank.

Perhaps we should start a thread about the tide - look! its down again!

enough already.

i'm sorry it upsets you stan but no doubt you appreciate this is more than the usual ebb and flow. you sound like you're in denial about your losses and hearing market discussions are understandably aggravating.

[Stan.goodvibes]

i'm sorry it upsets you stan but no doubt you appreciate this is more than the usual ebb and flow. you sound like you're in denial about your losses and hearing market discussions are understandably aggravating.

No not upset. The sharemarket is not actually real, until you have to sell your shares. Its like overcapitalising on your house, or being in negative equity - its just a meaningless number on a piece of paper somewhere. If you have good stocks in blue-chip companies it doesn't matter if they drop massively in value for a while, and of course if you are still buying shares then a crash like this is godsend - everything is so much cheaper at the moment.

if you buy a house to live in, invest in shares to reap the benefits of owning part of a successful company, and (this bit is really important) realise that happiness really has absolutely nothing to do with money, then this whole 'crisis' is just a highly interesting spectacle.

So, sharemarket up or down tomorrow? *tosses coin*

[SantaClaus]

Yawwwwwwwn

The sharemarket goes down, then it goes up, then it goes down (repeat as necessary).

Look! I can predict the future... the sharemarket will go down, but then... it will go up again. Advice you can take to the bank.

Perhaps we should start a thread about the tide - look! its down again!

enough already.

Its called retracements Try drawing a few fibonaccis on some charts.
But to be fair, I've never seen swings as big as this.