Down goes the Dow

Grouper wrote:

Klondike5 wrote:

I do not have the stomach for losing hundreds of thousands of dollars while the market melts down.

You would not have lost any 'dollars' if you did not sell. That's not to say you made a mistake...I understand your strategy of selling high and buying low. But stocks, or anything, does not become 'dollars' until you sell.

Of course I would have lost 'dollars' (why the quotations?)had I not sold. I avoided losing the value in my equity holdings as the Dow fell from the high 12,000s to the 9,000 value when I bought back in. @ $300k is my best guess.

It is unclear to me why you guys so want to deny this simple, third grade arithmetic. It really is.

Flagpole wrote:

I don't believe Saddam moved WMDs to Syria. Unless you count chemical weapons as WMDs, I don't believe he ever had them, and while I was glad we went in to take him out of power, WMDs were not my reason for that...for me, the fact that he violated the terms of the cease fire and UN resolutions was enough.

I am pretty sure WMDs includes chemical weapons. Since home-made pressure cooker bombs qualify as WMDs as we now know from the Boston Marathon bombing.

If we are going to invade countries on the basis of violating UN Resolutions then we should be on our way to he biggest violator of all right now -- that Light Unto Nations, Israel

Klondike5 wrote:

Of course I would have lost 'dollars' (why the quotations?)had I not sold. I avoided losing the value in my equity holdings as the Dow fell from the high 12,000s to the 9,000 value when I bought back in. @ $300k is my best guess.

It is unclear to me why you guys so want to deny this simple, third grade arithmetic. It really is.

I put 'dollars' in quotes to differentiate it from 'value'. When you bought the stock, you no longer had those dollars. To get dollars back, you sell the stock. So if you don't sell, you have value but no dollars. Get it now?

Grouper wrote:

I put 'dollars' in quotes to differentiate it from 'value'. When you bought the stock, you no longer had those dollars. To get dollars back, you sell the stock. So if you don't sell, you have value but no dollars. Get it now?

You really don't understand currency or money or whatever.

Stocks, like everything else, are valued in dollars. When you use cash worth $10,000 to buy a stock worth $10,000, those dollars do not disappear (well, other than those that your stockbroker puts in his pocket)

The dollars don't disappear, but they're not yours anymore. You've traded them for stock. The company now has your dollars and they are using them to support their business. It's like buying anything else. If you buy an antique, you no longer have those dollars. The antique has some value that you may later turn back into dollars, but the antique is not cash.

By the way, everything is not valued in dollars. Not even all stocks are valued in dollars.

[quote]Grouper wrote:

The dollars don't disappear, but they're not yours anymore. You've traded them for stock.

You own the stock.

What is wrong with you guys?

Exactly! You own the stock; the company has the money. Now you've got it.

Klondike5 wrote:

Flagpole wrote:

I don't believe Saddam moved WMDs to Syria. Unless you count chemical weapons as WMDs, I don't believe he ever had them, and while I was glad we went in to take him out of power, WMDs were not my reason for that...for me, the fact that he violated the terms of the cease fire and UN resolutions was enough.

I am pretty sure WMDs includes chemical weapons. Since home-made pressure cooker bombs qualify as WMDs as we now know from the Boston Marathon bombing.

If we are going to invade countries on the basis of violating UN Resolutions then we should be on our way to he biggest violator of all right now -- that Light Unto Nations, Israel

Well, violating terms and resolutions after a cease-fire when you were the aggressor is WAY different than any political/philosophical point you want to make with Israel. By the way, I'm not interested in conversing about Israel, so any comments about it will go unanswered by me.

Flagpole wrote:

Klondike5 wrote:

If we are going to invade countries on the basis of violating UN Resolutions then we should be on our way to he biggest violator of all right now -- that Light Unto Nations, Israel

Well, violating terms and resolutions after a cease-fire when you were the aggressor is WAY different than any political/philosophical point you want to make with Israel. By the way, I'm not interested in conversing about Israel, so any comments about it will go unanswered by me.

So now it is not about violating UN Resolutions but the way you do it? Or when you do it? Whatever, it will be twisted to be pro Israel --- a topic you forbid me to discuss. Which does not surprise me at all given your illogical view of finances

Klondike5 wrote:

Flagpole wrote:

Well, violating terms and resolutions after a cease-fire when you were the aggressor is WAY different than any political/philosophical point you want to make with Israel. By the way, I'm not interested in conversing about Israel, so any comments about it will go unanswered by me.

So now it is not about violating UN Resolutions but the way you do it? Or when you do it? Whatever, it will be twisted to be pro Israel --- a topic you forbid me to discuss. Which does not surprise me at all given your illogical view of finances

1) I was clear about my reason for wanting to get Saddam, so I don't understand your confusion (and you ARE confused).

2) You are not forbidden from talking of Israel. I just said I'm not interested in discussing that topic...that's a go-nowhere topic, and I don't participate (generally) in those. People CAN be convinced that they aren't attacking their finances as they should, and that's a much more fun topic anyway.

Grouper wrote:

The dollars don't disappear, but they're not yours anymore. You've traded them for stock. The company now has your dollars and they are using them to support their business.

So, you're claiming that if I go buy Wal-Mart stock next week, I get stock, and my dollars go to the Wal-Mart?

Klondike5 wrote:

So now it is not about violating UN Resolutions but the way you do it? Or when you do it? Whatever, it will be twisted to be pro Israel --- a topic you forbid me to discuss. Which does not surprise me at all given your illogical view of finances

The Zionists, which you claim control the Federal Reserve and major financial institutions, won't let the ship sink, unless, of course, they really don't control the Fed and the Fed has actually made the situation much worse (which it has). Pushing on a string and all that. Somehow, we get a massive uptick in revised 2Q GDP, yet the PCE deflator barely budges from the preliminary print (disinflation). Okey Dokey...

Sagarin wrote:

The Zionists, which you claim control the Federal Reserve and major financial institutions, won't let the ship sink, unless, of course, they really don't control the Fed and the Fed has actually made the situation much worse (which it has). Pushing on a string and all that. Somehow, we get a massive uptick in revised 2Q GDP, yet the PCE deflator barely budges from the preliminary print (disinflation). Okey Dokey...

Huh?

I can smell the panic building.

not sure if I will stick to my offer to bump this thread every month if Mr K is actually Mr KKK. Or just batsh*t crazy, as it is turning out to be the case.

Klondike5 = BoJax = Seeker9

This thread has been usurped by the anti-Semites.

Factoid wrote:

Klondike5 = BoJax = Seeker9

This thread has been usurped by the anti-Semites.

So...Klondike5 is pointing out that Klondike5 is beginning to panic?

You are beyond help. Stop listening to the pro-Israel propaganda and think for yourself.

Seeker9 wrote:

You are beyond help. Stop listening to the pro-Israel propaganda and think for yourself.

Did you just tell me that I am beyond help and then suggest a way to better myself?