Holy stock market batman..

[my87yota]

Anybody following this??? Freaking Greeks..

Good thing it has recovered a little bit!

1000 point hit hurts big time....

 

[trailhugger]

Looks to have recovered somewhat... down 410 points at 3 pm.

 

[spykosshow]

Look at percentages, not points.

 

[my87yota]

4% is a bunch....

 

[drkelly]

It was due for a bit of a correction. Good time to have some of the portfolio in cash.

 

[Ron]

Everyone is scared shitless of greece...that country honestly may not be able to recover. If they crash then what?
Im unsure what to do with money right now....but just parked a chunk

 

[RatLabGuy]

Everyone is scared shitless of greece...that country honestly may not be able to recover. If they crash then what?
Im unsure what to do with money right now....but just parked a chunk

Buy me a new Toy for racing.
That's a guaranteed investment.

 

[Black Bear]

Buy me a new Toy for racing.
That's a guaranteed investment.

guaranteed to hit a tree.

 

[GubNi]

lol

 

[Ricky B]

guaranteed to hit a tree.

Ha

 

[RatLabGuy]

guaranteed to hit a tree.

I didn't say what the guarantee was for.

And if the damn tree had moved the first time it wouldn't have had to take a second round.

 

[bonecrusher]

Everyone is scared shitless of greece...that country honestly may not be able to recover. If they crash then what?
Im unsure what to do with money right now....but just parked a chunk

Greece fails the next to fall is Portugal/Spain. They fail then France goes down, then Germany and the smaller states. Switzerland will follow, then England will fall. Once that happens US will be on the short list and China will yank all lending so the money will dry up.

China is a mostly export country so when nobody has the money to buy their product they will start to either dry up or internalise their manufacturing which will increase their tech status.

If you have cash invest it in guns ammo and food.
or ya know tinfoil is good too.

 

[Ron]

Greece fails the next to fall is Portugal/Spain. They fail then France goes down, then Germany and the smaller states. Switzerland will follow, then England will fall. Once that happens US will be on the short list and China will yank all lending so the money will dry up.
China is a mostly export country so when nobody has the money to buy their product they will start to either dry up or internalise their manufacturing which will increase their tech status.
If you have cash invest it in guns ammo and food.
or ya know tinfoil is good too.

Well lets not go all slippery slope....but the fact that Greece's current debt exceeds 100x GDP...is a concern...

The rest nah, Portugal/Spain would be rocked for sure but I dont see a fold there...

Buy me a new Toy for racing.
That's a guaranteed investment.

Id sooner invest in 6flags, same result just quicker....