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» Northern California Ford Owners     » Automotive   » General Talk   » Stock Market is tanking (Page 1)

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Author Topic: Stock Market is tanking
John91coupe
CAFords OG
Member # 18

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On the "great" news from yesterday. Down 300 in 1 1/2 hours so far today.

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D-2R ProCharged R302 331
1.410 60 ft.
5.784 @ 122.92 1/8
8.953 @ 155.08
MM&FF Feature June 2003

Posts: 1361 | From: Grass Valley, CA | Registered: Sep 2000  |  :
turbo50
¯
Member # 6700

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Here goes another fucked 4 years.

Look at my GLD

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.........when was the last time YOU built something with YOUR own hands?

I offer quality sidework at reasonable prices. PM ME

Posts: 7606 | From: Discovery Bay, California | Registered: Apr 2006  |  :
John91coupe
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Member # 18

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Damn! Looks like the bottom is falling out on gold too! What the hell!!

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D-2R ProCharged R302 331
1.410 60 ft.
5.784 @ 122.92 1/8
8.953 @ 155.08
MM&FF Feature June 2003

Posts: 1361 | From: Grass Valley, CA | Registered: Sep 2000  |  :
racsirx
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Member # 1710

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Beginning of the end.

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88 Saleen #564
88 GT 331 NOVI2000
88 Coupe TURBO 9.75@142
95 Cobra R #75-SOLD
06 F250
13 BMW AH3
17 GT350 #5556
GOD'S NOT DEAD

Posts: 20750 | From: Concord & Pittsburg, CA | Registered: Aug 2002  |  :
John91coupe
CAFords OG
Member # 18

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quote:
Originally posted by racsirx:
Beginning of the end.

Afraid so...

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D-2R ProCharged R302 331
1.410 60 ft.
5.784 @ 122.92 1/8
8.953 @ 155.08
MM&FF Feature June 2003

Posts: 1361 | From: Grass Valley, CA | Registered: Sep 2000  |  :
coupedup
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Member # 9987

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Apple shares dropped $600 in the past couple days.
Posts: 4406 | From: Ca | Registered: May 2010  |  :
Beasty5.0
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Member # 2935

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No worries its just the criminals that run the stock market using the election as a reason to scare people out and then they"ll bring it back up. Its all a game. You have the bulls on one side, bears on the other, and then everyone else in the midldle just trying to invest their money, so invest wisely.
Posts: 1055 | From: San Francisco | Registered: Jun 2003  |  :
Blue92
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Member # 8789

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quote:
Originally posted by Nifty50:
Apple shares dropped $600 in the past couple days.

You mean it dropped TO $600. Currently at $559.xx per share. Just thought I would clarify.

Hopefully we can get a grip on everything.

Posts: 2906 | Registered: Dec 2008  |  :
coupedup
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Member # 9987

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I had no idea that was the actual figure (600) I thought that was how much its decreased... Crazy becaue they were valued at over 2600 a share a couple weeks ago... Crazy!!!
Posts: 4406 | From: Ca | Registered: May 2010  |  :
FRC_Kid
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Member # 8940

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Yea people look for any reason to make a buck so don't blame the elections... For example look at gas prices... It's funny how the price of gasoline goes up instantly when the price of oil goes up... Even tho the gasoline had already been delivered in sitting in the tanks at the gas station... How does the price change when it's already made and delivered???

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Pretend Racecar Driver- C5 FRC

Ford, GM, & Dodge is what I'm all about

Posts: 2578 | From: All over the Peninsula | Registered: Feb 2009  |  :
DEVERO2
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Member # 6155

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hell in a hand basket on a rocket ship. im buyiung guns and ammo not stock.
Posts: 641 | From: sacramento | Registered: Oct 2005  |  :
John91coupe
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Member # 18

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Yeah, ammo is probably the best investment for the foreseeable future.

--------------------
D-2R ProCharged R302 331
1.410 60 ft.
5.784 @ 122.92 1/8
8.953 @ 155.08
MM&FF Feature June 2003

Posts: 1361 | From: Grass Valley, CA | Registered: Sep 2000  |  :
racsirx
CAFords OG
Member # 1710

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quote:
Originally posted by John91coupe:
Yeah, ammo is probably the best investment for the foreseeable future.

+1, I am actually going gun shopping today and I am lucky enough to qualify for a concealed weapon permit.

--------------------
88 Saleen #564
88 GT 331 NOVI2000
88 Coupe TURBO 9.75@142
95 Cobra R #75-SOLD
06 F250
13 BMW AH3
17 GT350 #5556
GOD'S NOT DEAD

Posts: 20750 | From: Concord & Pittsburg, CA | Registered: Aug 2002  |  :
dean-93
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Member # 9401

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i hate obama
http://www.cbsnews.com/8301-503544_162-57400369-503544/national-debt-has-increased-more-under-obama-than-under-bush/

[ November 07, 2012, 02:36 PM: Message edited by: dean-93 ]

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93 5.0 trickflow h/c/i

Posts: 1175 | From: novato and fairfeild | Registered: Aug 2009  |  :
DEVERO2
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Member # 6155

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quote:
Originally posted by racsirx:
quote:
Originally posted by John91coupe:
Yeah, ammo is probably the best investment for the foreseeable future.

+1, I am actually going gun shopping today and I am lucky enough to qualify for a concealed weapon permit.
got my CCW put it right next to my AMEX. dont leave home with out it
Posts: 641 | From: sacramento | Registered: Oct 2005  |  :
Blk93Pony
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Member # 10798

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quote:
Originally posted by DEVERO2:
quote:
Originally posted by racsirx:
quote:
Originally posted by John91coupe:
Yeah, ammo is probably the best investment for the foreseeable future.

+1, I am actually going gun shopping today and I am lucky enough to qualify for a concealed weapon permit.
got my CCW put it right next to my AMEX. dont leave home with out it
How can i apply for a CCW? Or does my life have to be in danger to obtain one?

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Black 93 Mustang GT - currently down
Pearl Black 06 Chrysler 300C SRT-8 - stock for now

Posts: 768 | From: FF | Registered: Mar 2011  |  :
DEVERO2
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now its a long ass process. ask a local officer since it is different in every county
Posts: 641 | From: sacramento | Registered: Oct 2005  |  :
uh0h50
CAFords OG
Member # 3125

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quote:
Originally posted by racsirx:
quote:
Originally posted by John91coupe:
Yeah, ammo is probably the best investment for the foreseeable future.

+1, I am actually going gun shopping today and I am lucky enough to qualify for a concealed weapon permit.
A CCW permit in cali... say it aint so!?

lucky bastid. lol

[ November 07, 2012, 04:20 PM: Message edited by: uh0h50 ]

Posts: 2926 | From: Bay Area 510 | Registered: Jul 2003  |  :
East Bay 50
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Member # 8081

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I call b.s. on you guys having CCW unless you are a cop... NOBODY get approved in california..

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Kurgan tuned stroked and blown 347 foxbody. boost nukka!

Posts: 2699 | Registered: Dec 2007  |  :
John91coupe
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Member # 18

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quote:
Originally posted by East Bay 50:
I call b.s. on you guys having CCW unless you are a cop... NOBODY get approved in california..

Let me be the first to say you are wrong. Depends on the county you live in and Alameda county is not a good one for CCW.

--------------------
D-2R ProCharged R302 331
1.410 60 ft.
5.784 @ 122.92 1/8
8.953 @ 155.08
MM&FF Feature June 2003

Posts: 1361 | From: Grass Valley, CA | Registered: Sep 2000  |  :
sic70stang
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Member # 4347

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quote:
Originally posted by East Bay 50:
I call b.s. on you guys having CCW unless you are a cop... NOBODY get approved in california..

Lol WRONG!

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The anti-crew
1987 rolling safety violation.

Posts: 6940 | From: California | Registered: Jul 2005  |  :
DEVERO2
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Member # 6155

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quote:
Originally posted by East Bay 50:
I call b.s. on you guys having CCW unless you are a cop... NOBODY get approved in california..

THEN CALL ME NOBODY
Posts: 641 | From: sacramento | Registered: Oct 2005  |  :
phil a
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Member # 6951

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quote:
Originally posted by cali95gt:
Yea people look for any reason to make a buck so don't blame the elections... For example look at gas prices... It's funny how the price of gasoline goes up instantly when the price of oil goes up... Even tho the gasoline had already been delivered in sitting in the tanks at the gas station... How does the price change when it's already made and delivered???

I see what you're saying, but see it this way - you're not necessarily paying for the gas that you're pumping out of the tank and into your car - you're paying whatever replacement cost has been assigned to the gas you're purchasing. Not sure if I'm making sense on that. Basically, you're paying market-rate for gasoline, as that is what it will 'cost' to refill the tanks at the station.

Now, as to why there is lag on the backside - why the gas prices fall more slowly once the price of oil drops .... well, now you can look back at your argument [Wink]

As far as the drop in the stock market, well ... I know this will come across as insulting or unfair to many people on the board, but let's consider the voter demographic of those buying/selling/trading stock/options, versus the voting demographic of those who do not. I'm not stating that ONLY GOP voters trade and that NO DNC voters invest, but .... look at the cross-section. You pull the rug out from a bunch of people who TEND, as a majority, to vote in a certain direction, confidence plummets, stock markets tank, and you end up with, well, 7Nov 2012

Posts: 1261 | From: toledo oh | Registered: Jul 2006  |  :
racsirx
CAFords OG
Member # 1710

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quote:
Originally posted by East Bay 50:
I call b.s. on you guys having CCW unless you are a cop... NOBODY get approved in california..

I have a Cash for Gold business so it's easy for me to get one.

--------------------
88 Saleen #564
88 GT 331 NOVI2000
88 Coupe TURBO 9.75@142
95 Cobra R #75-SOLD
06 F250
13 BMW AH3
17 GT350 #5556
GOD'S NOT DEAD

Posts: 20750 | From: Concord & Pittsburg, CA | Registered: Aug 2002  |  :
John91coupe
CAFords OG
Member # 18

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Thing is that anyone in a 401K or other work related fund is in the stock market, not just traders. So a lot of people who think only rich capitalists are taking a hit with a down market will be hit in their pocket as well.

--------------------
D-2R ProCharged R302 331
1.410 60 ft.
5.784 @ 122.92 1/8
8.953 @ 155.08
MM&FF Feature June 2003

Posts: 1361 | From: Grass Valley, CA | Registered: Sep 2000  |  :


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