Page 1 of 2 12 LastLast
Results 1 to 15 of 21
  1. 02-27-2007, 08:31 PM #1
    RiDE is offline

    RiDE's Avatar
    Member Since
    Sep 13, 2006
    Location
    Colorado
    Posts
    3,570
    Specs:
    Mac's
    Holy Stock Market plunge Batman!!!
    Anyone see what happened at the close of the market today? OUCH!

    CNBC footage of the plunge: (LINK). Lets hope for a better day tomorrow.
    Reply With Quote Reply With Quote
  2. 02-27-2007, 08:48 PM #2
    rman is offline

    rman's Avatar
    Member Since
    Dec 24, 2002
    Location
    Los Angeles, California
    Posts
    12,584
    Specs:
    2 x 3.0GHz Quad-Core, 6GB OS X 10.6.8 | 15in MacBook Pro 2.2GHz OS X 10.6.8 | 64GB iPad 2 WiFi
    Cool
    With the market being so bloated, you would expect it to make some adjustments.
    Life isn't about waiting for the storm to pass, It's about learning to dance in the rain!
    Reply With Quote Reply With Quote
  3. 02-27-2007, 08:50 PM #3
    RiDE is offline

    RiDE's Avatar
    Member Since
    Sep 13, 2006
    Location
    Colorado
    Posts
    3,570
    Specs:
    Mac's
    I agree, but that's a WHOLE LOT of "adjustment"in one day... one afternoon.
    Reply With Quote Reply With Quote
  4. 02-27-2007, 08:54 PM #4
    CarlConti08 is offline

    CarlConti08's Avatar
    Member Since
    May 29, 2006
    Location
    Tallmadge, Ohio
    Posts
    371
    Specs:
    MacBook Pro 2.5 GHz, 2 GB RAM, 250 GB HD
    part of it was a computer malfunction. the dow dropped 200 points in 2 min. that probably caused a chain reaction of selling and basically everything dropped. (slowly shakes his head) they should've used macs.
    Reply With Quote Reply With Quote
  5. 02-27-2007, 08:56 PM #5
    RiDE is offline

    RiDE's Avatar
    Member Since
    Sep 13, 2006
    Location
    Colorado
    Posts
    3,570
    Specs:
    Mac's
    And China talks of no longer allowing investors to leverage stocks on credit. Causing their market to fall.. The Chinese market tipped the "domino", and everyone was selling.
    Reply With Quote Reply With Quote
  6. 02-27-2007, 08:58 PM #6
    cheesybanana is offline

    cheesybanana's Avatar
    Member Since
    Jan 13, 2007
    Location
    Akron, Ohio
    Posts
    939
    Specs:
    C2D MacBook Pro
    Oh god...heh.

    I am looking into jumping into investing right now. Makes me a little scared honestly.

    Ah...just checked the mutual funds my college money is in. I just lost >$600 today
    Reply With Quote Reply With Quote
  7. 02-27-2007, 09:01 PM #7
    KoDorSean is offline

    KoDorSean's Avatar
    Member Since
    Jun 03, 2006
    Location
    Denver Colorado
    Posts
    2,371
    Specs:
    2.4 GHz intel core 2 duo MBP, iPhone 5, iPad 3
    its funny you bring this up ride, about the middle of the day today my boss looks over at me and says " well there went my retirement" I asked why and he said " the stock market went down the toilet!"

    I was on the M-F honor roll for month : May 2007
    Reply With Quote Reply With Quote
  8. 02-27-2007, 10:01 PM #8
    mac57 is offline

    mac57's Avatar
    Member Since
    Apr 29, 2006
    Location
    St. Somewhere
    Posts
    4,560
    Specs:
    iMac 27" 3.4 GHz, 256 GB SSD, 2 TB HDD, 8 GB RAM
    Hmmm... a new "Black Tuesday"?
    My Macs: iMac 27" 3.4 GHz, Mac Pro 3.2 GHz, PowerMac G5 Quad 2.5 GHz, G4 Cube with 1.2 GHz Upgrade
    My iStuff: 64GB iPhone 5, 64GB iPad4, 30GB iPod Video, 16GB iPod Touch
    My OS': Mac OS X Lion, Mac OS X Snow Leopard, Mac OS X Tiger, Mac OS 9.2.2, openSUSE 10.3
    I was on the Mac-Forums honor roll for September 2007
    Reply With Quote Reply With Quote
  9. 02-28-2007, 11:31 AM #9
    Carol247 is offline

    Carol247's Avatar
    Member Since
    Dec 17, 2006
    Location
    The beautiful Northwest
    Posts
    1,035
    Specs:
    imac 20" 216 GHz Intel Core 2 Duo processor, 1GBSDRAM, 250 GB hd, Airport Extreme, Bluetooth 2.0
    Gets pretty scary when you think of how much money people have riding on the stock market. Guess it time to buckle our seat belts and hang on for the roller coaster ride.
    Reply With Quote Reply With Quote
  10. 02-28-2007, 11:43 AM #10
    skye is offline

    skye's Avatar
    Member Since
    Sep 12, 2006
    Location
    Twin Cities, MN
    Posts
    1,224
    Specs:
    Macbook 2.0ghz coeduo 1GB RAM 80 GB HD SuperDrive
    i really dont think it is a big deal. people forget that our unemployment rate is somewhere near 4.5% and such. i think our economy is doing amazing and i for one think this 400 point drop is something that is inevitable but doesnt really have a largescale effect on us as individuals.
    Reply With Quote Reply With Quote
  11. 02-28-2007, 12:23 PM #11
    mac57 is offline

    mac57's Avatar
    Member Since
    Apr 29, 2006
    Location
    St. Somewhere
    Posts
    4,560
    Specs:
    iMac 27" 3.4 GHz, 256 GB SSD, 2 TB HDD, 8 GB RAM
    ...and at least at the moment, the market is up today. Not recovering all of yesterday's losses, but up at least.
    My Macs: iMac 27" 3.4 GHz, Mac Pro 3.2 GHz, PowerMac G5 Quad 2.5 GHz, G4 Cube with 1.2 GHz Upgrade
    My iStuff: 64GB iPhone 5, 64GB iPad4, 30GB iPod Video, 16GB iPod Touch
    My OS': Mac OS X Lion, Mac OS X Snow Leopard, Mac OS X Tiger, Mac OS 9.2.2, openSUSE 10.3
    I was on the Mac-Forums honor roll for September 2007
    Reply With Quote Reply With Quote
  12. 02-28-2007, 12:31 PM #12
    RiDE is offline

    RiDE's Avatar
    Member Since
    Sep 13, 2006
    Location
    Colorado
    Posts
    3,570
    Specs:
    Mac's
    Yes, it's a good sign of stabilization. Glad to see it.
    Reply With Quote Reply With Quote
  13. 02-28-2007, 01:17 PM #13
    Martin. is offline

    Martin.'s Avatar
    Member Since
    Feb 18, 2007
    Location
    Calgary, Canada
    Posts
    348
    it dropped the most in china it was lik 9.9% or something, today people are going to be buying like crazy because prices will be so low
    ~Martin.

    Reply With Quote Reply With Quote
  14. 02-28-2007, 01:41 PM #14
    TheCustomer99 is offline

    TheCustomer99's Avatar
    Member Since
    Jan 05, 2007
    Location
    Where the old Baker farm used to be.
    Posts
    1,480
    Specs:
    Apple Black MacBook 2 GB RAM, 2.0 GHZ Intel Core 2 Duo Proecessor, 120 GB HD. 30 GB Black iPod Video
    I was expecting something like this to happen since it was sitting at record highs for so long. I wouldn't be surprised if it dropped even more. But prediction of such a chaotic system is impossible, so we'll have to just see what happens.
    "Anecdotal thinking comes naturally, science requires training." - Michael Shermer
    Reply With Quote Reply With Quote
  15. 02-28-2007, 03:55 PM #15
    cheesybanana is offline

    cheesybanana's Avatar
    Member Since
    Jan 13, 2007
    Location
    Akron, Ohio
    Posts
    939
    Specs:
    C2D MacBook Pro
    It is interesting how globalized our economy is now. A plunge in China translated into a plunge here almost immediately.
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Tim Cook: Tablet market will eventually exceed PC market
    By OneMoreThing... in forum Apple Rumors and Reports
    Replies: 0
    Last Post: 01-24-2012, 09:11 PM
  2. Stock Market
    By todd51 in forum Schweb's Lounge
    Replies: 2
    Last Post: 07-30-2010, 05:53 PM
  3. Stock Market Software
    By grp318 in forum OS X - Apps and Games
    Replies: 4
    Last Post: 05-07-2010, 06:15 PM
  4. Stock Market
    By Paulo in forum OS X - Apps and Games
    Replies: 1
    Last Post: 04-03-2010, 05:51 PM
  5. Holy Apple Stock!
    By fleurya in forum Schweb's Lounge
    Replies: 23
    Last Post: 01-24-2008, 10:22 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules