|
|
Post by NOTTHOR on Mar 16, 2008 21:40:15 GMT -6
This stock was over $150 a share less than a year ago. How bad does the market tank tomorrow? I am long and getting shat on everyday. It sucks ass. I feel like a toilet that has gotten sprayed with a shit hose that some asshole left to dry and get caked on.
|
|
|
|
Post by kshawkesq on Mar 16, 2008 21:59:10 GMT -6
Man, I dunno. I understand that with the fed bailout this will not have a big effect. this is similar to a few years ago when the airlines were lining up for mega bailouts. The bigger concern is that the government is just prinitng money to fix the problems and this, along with the free $600 is resulting in a devalued dollar and inflation at a time of recession. Not good.
Then again, what do I know? I took one economics course...
|
|
|
|
Post by Iowafan1 on Mar 17, 2008 1:36:36 GMT -6
This stock was over $150 a share less than a year ago. How bad does the market tank tomorrow? I am long and getting shat on everyday. It sucks ass. I feel like a toilet that has gotten sprayed with a shit hose that some asshole left to dry and get caked on. Reminiscing about those Japan days again? |
|
|
|
Post by cmonhox on Mar 17, 2008 7:11:15 GMT -6
One way to profit from the downslide (other than being short) is to be long in QID, a proshares ETF that increases in price as the market goes down. It doubles the daily performance of market indexes.
QLD does the opposite. It is the proshares ETF that mimicks (sp?) the market and doubles the daily performance of indexes on the upside.
|
|
