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Re: The stock market is fuct...

Posted: Wed Feb 28, 2007 3:13 am
by Unisaw
xer0s wrote:In the U.S. and in China...
NY Times:

"Perhaps the most remarkable sign of the recent irrational exuberance underpinning China’s stock markets was that during the last year, when a company announced bad news, its stock price shot through the roof."

"But in this current run of market mania, even corruption appears to be a buy signal. That was the case for the Shanghai Bailian Group, which reported on Dec. 29 that its chairman was under investigation for fraud. The company’s shares have climbed 45 percent since then."

We're screwed. These noobs to capitalism are retarded. It took the Japanese market 20 years to recover from its stupidity.

Posted: Wed Feb 28, 2007 12:27 pm
by MKJ
R00k wrote:oh shit, this thread just took a turn for the purse, i mean worse.
that was painful

Posted: Wed Feb 28, 2007 12:38 pm
by busetibi
Turbine wrote:xerOs, you should stop relying on cnn news, dumb shit.

"The CBOE Volatility Index , known as Wall Street's "fear gauge," shot up 23.3 percent -- its biggest one-day jump since July." - Routers

Its biggest drop since last July. Thats July 2006 for everyone relying on CNN. Not September 11th, 2001.

fkn :olo:
this shit from the cunt that says Irans economy is booming
classic :olo:

Posted: Wed Feb 28, 2007 12:48 pm
by busetibi
its just a hiccup/market correction, the markets will bounce back in a couple of weeks.
besides, if you keep all your money in the markets you deserve to be reamed

Posted: Wed Feb 28, 2007 12:53 pm
by Grudge
The Shanghai stock exchange (where it all started) is already on it's way back up again.

Posted: Thu Mar 01, 2007 2:28 am
by feedback
Turbine posting is the worst thing that's happened since 9/11.