OMG should i get rid of my stocks? This year I enjoy already lost 2000 dollars please he me somebody.?
Oh my freaking god what should I do?Answers: I'm down way more than you...and I'm not selling anything. I bought most of it for a cheaper price than the "loss" I am seeing very soon. Tomorrow I'm going to buy even more stock. Try and relax. Our market other goes final up... It just take as long as it takes. Invest sagely. Diversify. It's gonna get better.
The stock bazaar could continue to run down.
It could trade sideways.
Or it could rally.
Nobody can influence which of these will occur, when they will go on, or for how long.
Which one of these are you willing to put money on on?
stocks are generally considered a long residence investment. If the company has have a good history and otherwise seem to be stable with a upright product then you may want to dawdle it out .
If the company seems to be head for bankrupcy then you might want to flog. A capital loss can be applied to your income export tax .
Depends on its history.
If it is up and down mostly in cycles this might be a moral sign showing that it is still going in impossible to tell apart pattern but increasing slope.
If not flog it now !
Do resembling I did, chart the averages every day and agree on what they are telling you.
Since Dec. 26, the slide have been sharp and vicious, so I put most of my nest egg in undisruptive, low yielding governing body bonds...waiting until this slide shows a solid bottom.
So far, it's been a ski slope, something not close to the previous slides.
If it should bounce back, I wouldn't pinch that as a bottom having be reached.
I would continue several weeks to see if it is stablilizing.
Some will tell you this is a buying opportunity.
I am not convinced...not even so.
This has to pinch a course over time, but for the interim, it's steep and painful and remarkably alarming to those who haven't been through it until that time.
I trust my charts, and I often generate comparisons of this drop to previoous drops.
This one is different.
Nobody can convince me otherwise.
I won't call it a accept market, but I am foreboding secure waiting it out.
What do stock brokers do?
Answers: Simply said, stock brokers are entrusted with your money to buy and sell stocks with the aim of making you a profit, while taking a commission for their work. However, with the way the stock market works, short of being a psychic, there is no guarantee to making a profit on the market. But with the commission incentive, the more money the broker makes you, the more money the broker makes in commission.
They buy and sell "pieces" or portion (Shares) of a company, to the general public. For more information view :
http://orbitbusinessloans.com/
http://www.orbitmerchantsolutions.com/
The good ones help people meet their financial goals (with stocks, bonds, Mutual Funds, ETF's etc.).
The bad ones sell varialble annuities (and other products) without regard to what's best for their customer.
Call you, asking for money to invest, and make stock recommendations that don't always pan out.
Many of the stocks they tout are handed down through their firm, so in essense, they are salesmen.
If you want to know more about the stock market and what stock and commodity brokers do, then read a classic of the market:
Reminiscences of a Stock Operator
by Edwin LeFevre (c) 1923
BTW, brokers take a fee for buying or selling. Mutual fund managers charge a percentage of the fund.
So, how do you mull over the US stock market will widen tomorrow?
I'll pick the best answer that is posted earlier 8am EST tomorrow morning and most accurately reflects the market's close tomorrow.http://www.nytimes.com/2008/01/21/busine...
Answers: Here is my predictions.
The Dow will unfold 420 points lower.
It will then drop another 100 points surrounded by the first ten minutes.
By 10:00 A.M. it will be down 550 points, mostly due to financial companies in the Dow Jones average.
By midday, it will be down 600 points.
By 2:00 P.M. it will be down 440 points.
By 3:00 p.m. it will be down 320 points.
At the close, it will be down 415 points.
It will close the week higher than tomorrow's close, but be prepared for more blood letting subsequent week.
The above scenerio, if close, would spell a bear souk global crisis within need of solid concept, not bandaids.
Oh, some stocks will be higher tomorrow.
I believe the US marketplace will open beside mixed signal unless we have more discouraging news and desperate data related to job and other indexes.
today's global sell-off reflect the plunge on last friday.
and finishing week's sell-off in US may enjoy been overdone.
so if tomorrow no bleak news and some correct earning word from some companies we may even have a call up.
until then we will cross our fingers and hope citizens would let their brains control their appointments instead of letting fear rule wall st.
You mention initiate AND close so I think the year will look rather approaching this:
Markets will open near a FLURRY of SELL orders, driving adjectives the indexes down. Then after a good, sharp plunge, CERTAIN stocks will start to pick up steam (utilities are one I'd expect to climb ultimately). They'll be more juddering, but the majority of the market will close DOWN, seriously down. There will be a LOT of volume, even surrounded by what are normally sparingly traded shares.
We'll see more up and down all week and more stupid political commentary and more ripples surrounded by foreign markets.
As for me, as I don't own funds that aren't invested (I did my month's budget last week), I'll sit it out. Feel nothing need to supply what I have and it will plummet surrounded by the morning, but ultimately (longer term) will be fine.
You're going to see actual panic surrounded by places--ER visits up for folks next to chest pains. Might want to invest in beer stocks--drinking will be on the rise within the States for sure. Not being unkind either. This is glum. Wish the damn demagogues would stop playing around like the inherent economics.
No one knows.. this is bull marketplace.. may be up may be down,..
No prediction... about this.. sooner or later could be 1000 poit down... may be other day 1500 up ...
The widen is already a given; Dow futures already down over 600 pts.
The close tomorrow is anybody's guess, but to expect a close higher is unrealistic. It is what it is; permit the cleansing begin.
It looks as if the chief markets that be open today adjectives closed with losses contained by the 4%-7% range. It's harmful to extrapolate - the U.S. market is so big that it tend to lead a bit than follow. Still, the signs are pointing to a big loss tomorrow. I'll guess a 6% loss. That would put the S&P 500 down about 80 to 1,245 and the DJIA down in the order of 725 to 11,375.
Needless to say, if it if truth be told happens that approach, it will be quite a appealing performance.
I regard as we're going to open low and move lower, frankly. I don't see lots bargain hunters coming surrounded by yet, and I expect that they'll be drowned out by nouns sellers and general public shorting everything that moves--my guess is 800 points down, and perhaps worse than 1,000. I hope I'm human being pessemistic, obviously.