1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Recent stock market crash - aeffected anyone here?

Discussion in 'BlackHat Lounge' started by bornformoney, Aug 6, 2011.

  1. bornformoney

    bornformoney Senior Member

    Joined:
    Feb 22, 2011
    Messages:
    1,189
    Likes Received:
    1,513
    Occupation:
    Accounting / Law School
    Location:
    1 + (Idiots x CPA) = $Money$
    It's all over the news, here in Canada about USA...so how is it going?
     
  2. stang1101

    stang1101 Junior Member

    Joined:
    Nov 29, 2008
    Messages:
    190
    Likes Received:
    56
    yep, I lost $4k personally but know others who lost more significant amounts.
     
  3. bornformoney

    bornformoney Senior Member

    Joined:
    Feb 22, 2011
    Messages:
    1,189
    Likes Received:
    1,513
    Occupation:
    Accounting / Law School
    Location:
    1 + (Idiots x CPA) = $Money$
    holy crap man...I fell for it...damn US gov't eh?
     
  4. leonidt

    leonidt Regular Member

    Joined:
    Oct 11, 2008
    Messages:
    235
    Likes Received:
    210
    I hold silver, and silver prices are dropping, but its no big thing, I might actually buy more when prices bottom out. Long term, silver and gold are always valuable. Other than that I see no major changes day-to-day, everyone's life is going on as usual.

    Don't buy into the media sensationalism, every other day they promise the world is ending...they're trying to sell air time, that's all.
     
  5. PrymeTyme

    PrymeTyme Registered Member

    Joined:
    Feb 19, 2010
    Messages:
    51
    Likes Received:
    34
    Location:
    Austria
  6. JenniFranks

    JenniFranks Junior Member

    Joined:
    Jul 26, 2010
    Messages:
    124
    Likes Received:
    44
    Occupation:
    UI Design
    Location:
    Chicago
    S&P downgraded the US' debt rating after-hours on Friday. Monday will be a blood bath, and this will be another tumultuous week in the market. While all the day traders are panicing, I'll be buying up bluechips at fire sale prices.
     
  7. Jakerxxx

    Jakerxxx Junior Member

    Joined:
    Jun 19, 2010
    Messages:
    166
    Likes Received:
    31
    Occupation:
    Micro Niche Sites, Affiliate Marketing.
    Location:
    Upstate New York
    I personally love when the markets do this. We all remember when GE was down towards $5.00/share in 2009..Guess who was buying then? Me and plenty of others. Of course I sold all my GE shares when it hit $20.00/share.

    It's a beautiful time to find some good deals.