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Title: More "whining" Post by: gleek on July 12, 2008, 04:54:52 PM Check out these charts of the financial sector:
Banks (http://finance.yahoo.com/q/bc?s=c,bac,jpm,wb&t=2y) Investment Brokerages (http://finance.yahoo.com/q/bc?s=ms,mer,leh&t=2y) It sure looks like the rats are jumping from the sinking ships. I wouldn't doubt if the rapid decline of many of these stocks' prices is due in large part to the precipitous fall of the US dollar. A lot of financial stocks were pumped up by foreign investment money. Hanging onto a stock that trades in US currency would be putting yourself at a huge disadvantage if you earn your money in euros or Dirhams. Title: Re: More "whining" Post by: dystopia on July 12, 2008, 05:34:35 PM I'm thinking of putting my money in croms.
Title: Re: More "whining" Post by: Clive on July 12, 2008, 05:57:18 PM Yeah, but where are you going to put the croms?
Title: Re: More "whining" Post by: gleek on July 12, 2008, 06:09:03 PM How sad is this? The Iraqi Dinar has been a better investment than the Greenback over the past two years.
Link (http://finance.yahoo.com/currency/convert?from=USD&to=IQD&amt=1&t=2y) Title: Re: More "whining" Post by: Aske on July 13, 2008, 07:07:38 AM How sad is this? Link (http://finance.yahoo.com/currency/convert?from=USD&to=IQD&amt=1&t=2y) why do you think they quite publishing this (the M3 component) http://en.wikipedia.org/wiki/Money_supply#United_States in 2006 ? it certainly isn't a coincidence . extrapolate that curve out [sm_shock] guess what else happened at almost the exact same time? Title: Re: More "whining" Post by: Aske on July 13, 2008, 07:13:23 AM How sad is this? Link (http://finance.yahoo.com/currency/convert?from=USD&to=IQD&amt=1&t=2y) why do you think they quite publishing this (the M3 component) http://en.wikipedia.org/wiki/Money_supply#United_States in 2006 ? it certainly isn't a coincidence . extrapolate that curve out [sm_shock] guess what else happened at almost the exact same time? wow, read some of the user comments from 3 years ago. http://www.dailykos.com/story/2005/11/11/16272/574 some sage prediction in there. Title: Re: More "whining" Post by: stroh on July 14, 2008, 06:35:35 AM We have an Iraqi Dinar here. Great kebabs.
Title: Re: More "whining" Post by: gleek on July 15, 2008, 07:04:56 PM Jeebus. There's no end in sight for these stocks. It keeps getting worse every time I look.
Check out these charts of the financial sector: Banks (http://finance.yahoo.com/q/bc?s=c,bac,jpm,wb&t=2y) Investment Brokerages (http://finance.yahoo.com/q/bc?s=ms,mer,leh&t=2y) It sure looks like the rats are jumping from the sinking ships. I wouldn't doubt if the rapid decline of many of these stocks' prices is due in large part to the precipitous fall of the US dollar. A lot of financial stocks were pumped up by foreign investment money. Hanging onto a stock that trades in US currency would be putting yourself at a huge disadvantage if you earn your money in euros or Dirhams. Title: Re: More "whining" Post by: birdymaker on July 15, 2008, 07:08:52 PM Jeebus. There's no end in sight for these stocks. It keeps getting worse every time I look. stop looking. |