World Stocks Decline Second Day
According to the news today, stock declines have hit their second day (well day in other countries). Much of this was prompted when China's stock index declined a disasterous 9%. The UK FTSE 100 fell 1%, France Cac 40 by 1%, Japan by 2.9% and Hong Kong by 2.5% (Some after falling the previous time). India, Australia, and other smaller stock exchanges also fell. These percentages are actually big stock market wise. Most stock indices fell 7% in the US after 9-11, and that was HUGE so 2% is still large.
If you look at any world index stock list you will see red arrows.
The question is if this will have an affect on the economy long-term as people see this and start attempting to sell and some panic. It has been said in the other thread specifically on the US stock decline that it may just be the economy balancing out, but now it seems global.
Quote from news:
"The two-day sell-off around the world has now seen MSCI world stock market index -- which had notched up 2007 gains of more than 4 percent as recently as Monday -- wipe out all its gains for the year."
-The MSCI is an global index of stocks from around the world. It is maintained by. Morgan Stanley Capital International. It is a common benchmark for 'world' or 'global' stock funds.
Neu Leonstein
28-02-2007, 13:17
Meh, all the major financial institutions are saying it was a minor hickup. They say there are no real structural problems behind it.
And if they say that, that means it's true, because it ends up being a self-fulfilling prophecy. Such is the beauty of the stock market.
Well I'm certainly not going to panic just yet. If things keep falling for a solid week, though, that's when we start worrying.
start attempting to sell
i know almost nothing about stocks or economy to be honest, but wouldn't it be more interesting to buy when the stocks are 'cheaper'? eventually they will go up, won't they (like after 9/11)?
*breaks piggy bank and buys stocks*
East Nhovistrana
28-02-2007, 14:35
i know almost nothing about stocks or economy to be honest, but wouldn't it be more interesting to buy when the stocks are 'cheaper'? eventually they will go up, won't they (like after 9/11)?
*breaks piggy bank and buys stocks*
You want to buy at the bottom of a dip, not as it just starts going down.
You want to buy at the bottom of a dip, not as it just starts going down.
i get that, but how would i know when it is at it's dip, by guessing?
and how do i know wich stocks are good to buy? do i buy stocks form companies wich have been doing good for a long time? or do i buy stocks from companies i wich are in a dip and wich i expect will do better in the next months? or should i guess here too?
Andaluciae
28-02-2007, 14:50
All indices predict that the US market will be going on the up this morning.
Especially the 100 pt. rebound towards the end of the day yesterday. That proved that the delusional panic had subsided here.
i get that, but how would i know when it is at it's dip, by guessing?
You don't. Not just by guessing anyways.
and how do i know wich stocks are good to buy? do i buy stocks form companies wich have been doing good for a long time? or do i buy stocks from companies i wich are in a dip and wich i expect will do better in the next months? or should i guess here too?
Research.
Companies that have been doing good and after research tells you that they still have a long-term future are good ones to get into.
If you want to make money quick and enjoy high-stakes...new companies that just start out would be the way to go. There is no guarantee though that these will not bomb when they go public.
You don't. Not just by guessing anyways.
Research.
Companies that have been doing good and after research tells you that they still have a long-term future are good ones to get into.
If you want to make money quick and enjoy high-stakes...new companies that just start out would be the way to go. There is no guarantee though that these will not bomb when they go public.
would it be a good idea to buy stocks? i've never really thought about it, but why should(n't) i buy stocks? also consider that i'm a 19yo student so i don't have a lot of money to begin with :)
So...we all gonna die?
Well, all of my local news stations AND CNN are all acting like it's a much larger problem than it is, but that's American media sensationalism for you.
Soleichunn
28-02-2007, 15:11
Damn stock market and pointless speculation.
Personally it seems like it would work well as pre-emptive indirect attack, oblitterating the market value of your enemy (even if itdoes the same to yourself) *wears a tinfoil hat with tasty cream centre*.
Cabra West
28-02-2007, 15:16
The question is if this will have an affect on the economy long-term as people see this and start attempting to sell and some panic. It has been said in the other thread specifically on the US stock decline that it may just be the economy balancing out, but now it seems global.
Yes. The USA will pull back its money, forcing the German economy into decline. In the end, Merkel will move to invade Poland and... oh, you know the rest.
would it be a good idea to buy stocks? i've never really thought about it, but why should(n't) i buy stocks? also consider that i'm a 19yo student so i don't have a lot of money to begin with :)
If you have the time and money go for it. But you'd need a good broker who knows what they are doing. Don't ever do it on your own.
Personally, I would not not buy stocks at that age with little money..but thats just me.
If you are just interested in the stock markets and want to see how it works but don't want to take a chance with your money at this point...play a fantasy stock market.
The Jade Star
28-02-2007, 15:29
Well, all of my local news stations AND CNN are all acting like it's a much larger problem than it is, but that's American media sensationalism for you.
I bet the major American news stations will soon link this with the new ZOMGWTFHAX virus thats going around in Djibouti.
Not to mention teenage video game violence.
Fucking teenage video gamers, crashing our stokz.
If you have the time and money go for it. But you'd need a good broker who knows what they are doing. Don't ever do it on your own.
Personally, I would not not buy stocks at that age with little money..but thats just me.
i think i'll spend my money on other things (or better yet, i should trie to save a little bit)
If you are just interested in the stock markets and want to see how it works but don't want to take a chance with your money at this point...play a fantasy stock market.
well, i'm quite interested in it because it seems important and because i like to know how stuff works, i don't think i would like it, stress, competiviness etc not really the things i like