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Wow! The market is getting KILLED...down near 500 points!; AAPL down 4
Posted by: Chupa Chupa
Date: February 27, 2007 02:05PM
Tuesday, bloody Tuesday.
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Re: Wow! The market is getting KILLED...down near 500 points!; AAPL down 4
Posted by: Tofer
Date: February 27, 2007 02:09PM
Hammered. Something to do with a market crash in China, from what I understand.

-Tofer
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Re: Wow! The market is getting KILLED...down near 500 points!; AAPL down 4
Posted by: ztirffritz
Date: February 27, 2007 02:11PM
China closed at a record high yesterday, but crashed 9% down today as reality set in. It is like a stampede. I wish that I had more money on hand to buy more stock. Buy low. It will go up, just don't know when.


**************************************
MacResource User Map: [www.zeemaps.com]#
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Re: Wow! The market is getting KILLED...down near 500 points!; AAPL down 4
Posted by: (vikm)
Date: February 27, 2007 02:13PM
I know sad smiley It started yesterday I think. It always seems like this kinda crap happens at the most inopportune time. I totally thought AAPL was gonna gain tremendously as I believe a number of firms upgraded them just a day or two ago. I think one of them applied a target of ~$120 or something.

Arrrrrgggggh!
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Re: Wow! The market is getting KILLED...down near 500 points!; AAPL down 4
Posted by: voodoopenguin
Date: February 27, 2007 02:13PM
Chinese market, South African mining tax, US economy
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Re: Wow! The market is getting KILLED...down near 500 points!; AAPL down 4
Posted by: samintx
Date: February 27, 2007 02:14PM
The only thing up in my portfolio is VLI and a couple of India and Asian Pacific funds.
But I remember when I was in Japan back in the 80s when we had the Black Oct crash. I just sit and collect dividends.

Buy if Apple gets down more. Nice time to pick up some stocks when the blood runs in the streets. I sold some stuff early this a.m. so I'm looking to add to some positions...just deciding what.



Edited 1 time(s). Last edit at 02/27/2007 02:19PM by samintx.
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Re: Wow! The market is getting KILLED...down near 500 points!; AAPL down 4
Posted by: Jp!
Date: February 27, 2007 02:14PM
it was bound to happen.
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Re: Wow! The market is getting KILLED...down near 500 points!; AAPL down 4
Posted by: Paul F.
Date: February 27, 2007 02:18PM
Buying Opportunity!

It's painful to read my portfolio today.... but I'll bet that in 3-4 weeks, the US market will have regained last weeks levels...
Unless China's market COMPLETELY collapses, a-la 1929 Wall Street.


Paul F.
-----
A sword never kills anybody; it is a tool in the killer's hand. - Lucius Annaeus Seneca c. 5 BC - 65 AD
----
Good is the enemy of Excellent. Talent is not necessary for Excellence.
Persistence is necessary for Excellence. And Persistence is a Decision.
--

--

--
Eureka, CA
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Re: Wow! The market is getting KILLED...down near 500 points!; AAPL down 4
Posted by: Fritz
Date: February 27, 2007 02:20PM
remember March 2001?
watch out Oct 2007


!#$@@$#!

never do yesterday or today what you can put off til tomorrow or next year.

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Re: Wow! The market is getting KILLED...down near 500 points!; AAPL down 4
Posted by: Jp!
Date: February 27, 2007 02:21PM
I was just talking a couple days ago how I expected it to crash again.
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Re: Wow! The market is getting KILLED...down near 500 points!; AAPL down 4
Posted by: TLB
Date: February 27, 2007 02:52PM
I did rather well after Black Monday in 1987, not so good after March 2001.
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Re: Wow! The market is getting KILLED...down near 500 points!; AAPL down 4
Posted by: Chupa Chupa
Date: February 27, 2007 04:04PM
Quote
Paul F.
Buying Opportunity!

It's painful to read my portfolio today.... but I'll bet that in 3-4 weeks, the US market will have regained last weeks levels...
Unless China's market COMPLETELY collapses, a-la 1929 Wall Street.

Yup. A lot of good companies got taken out for no reason.
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