Down 7% one day...Up 4.5% the next day.
That is over a trillion lost one day and 700 billion made back the next.
The average American family of four lost like $9,000 on Monday and made back $6,000 on Tuesday.
I think I am gonna get out of the market and invest in something more stable, like powerball, non-profit bingo and horse racing.
quote:
Originally posted by RecycleMichael
Down 7% one day...Up 4.5% the next day.
That is over a trillion lost one day and 700 billion made back the next.
The average American family of four lost like $9,000 on Monday and made back $6,000 on Tuesday.
I think I am gonna get out of the market and invest in something more stable, like powerball, non-profit bingo and horse racing.
This week's stock market is a lot like riding Zingo.....but you're sitting backwards in Zingo this time, watching where you've been.....
When the Roller Coaster is heading down, you KNOW you're heading down....but don't know when you'll go back UP.....
and, when it's heading UP, you don't know how high it will go. You just know you're going UP.
Yep, sitting BACKWARDS on Zingo fits this week's stock market angst.
[8D]
I would assume the market is in gross trouble because of the selling short and the brokers having to collect the nonexistent shares which has placed the brokers in bankruptcy which the present administration is trying to bail out.
There is a sure way to a roller coaster ride at present with the same payoff. It's called Casinos.
I have stocks that pay 100% in dividends yearly the original cost of the stock.
By the signs of expansion and construction of the Oklahoma Casinos, one may conclude they are kicking some major butt to the investment firms up in Yankee ville.
Anyone have any numbers of the total cash being collected at the casions?