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Re: Our financial system is crumbling today.
Posted: September 15 08, 12:55 pm
by UK
I think those whose invest or want to invest here should do something similar to a fantasy league as far as stocks.
Pick to 3-5 stocks with 10K avail. and after 90/120 days whomever has the greatest ROI is declared the winner.
Maybe I'm the only one geeky enough to do want to do this?
Re: Our financial system is crumbling today.
Posted: September 15 08, 1:03 pm
by Gashouse
UK wrote:I think those whose invest or want to invest here should do something similar to a fantasy league as far as stocks.
Pick to 3-5 stocks with 10K avail. and after 90/120 days whomever has the greatest ROI is declared the winner.
Maybe I'm the only one geeky enough to do want to do this?
That's essentially what Motley Fool CAPS is:
http://caps.fool.com/
You declare up or down for a given time frame. You score points based on the difference between that stock's price and the S&P 500. So, let's say you pick ABC to go down over 3 months, and it goes down 10%. If the SP500 goes down 5% over that same time, then you earn 5 points. But if the sp500 goes down 15%, then you lose 5 points.
Re: Our financial system is crumbling today.
Posted: September 15 08, 1:06 pm
by Spider John
Popeye_Card wrote:stldogget05 wrote:So say you are a youngster with some spare change to invest. What do you do? Jump in because the stock market is low? Stay out, it's going to get worse. Look for some other investments? Help me out here folks.
Based on my experiences last weekend, I rate both hookers and blow as "strong buy" candidates.
Good choices. Essentials such as those will always be in demand regardless of the state of the economy.
Re: Our financial system is crumbling today.
Posted: September 15 08, 2:31 pm
by GatewaySnayke
Boy, it's probably a good idea that Bush didn't get his way with privatizing Social Security, eh?
Re: Our financial system is crumbling today.
Posted: September 15 08, 2:34 pm
by TimeForGuinness
GatewaySnayke wrote:Boy, it's probably a good idea that Bush didn't get his way with privatizing Social Security, eh?
That's ok...we aren't getting Social Security anyways...

Re: Our financial system is crumbling today.
Posted: September 15 08, 2:37 pm
by GatewaySnayke
That's true, but the privatized money would be vanishing right now. I'd have to start collecting berries, tilling fields and milking cows to provide for my freaking grandparents.
Re: Our financial system is crumbling today.
Posted: September 15 08, 2:47 pm
by TimeForGuinness
Popeye_Card wrote:I would love to do that had I not spent all of my life savings on hookers and blow last weekend.
I'll place the over/under on the NYSE fall today at 500 points. I'm leaning towards the over.
EDIT: Right now, it's down 280.
You win, down 504.48
Re: Our financial system is crumbling today.
Posted: September 15 08, 3:04 pm
by BW23
TimeForGuinness wrote:Popeye_Card wrote:I would love to do that had I not spent all of my life savings on hookers and blow last weekend.
I'll place the over/under on the NYSE fall today at 500 points. I'm leaning towards the over.
EDIT: Right now, it's down 280.
You win, down 504.48
That's pretty good (in Popeye's guessing, not that amount that it was down)
Re: Our financial system is crumbling today.
Posted: September 15 08, 3:07 pm
by Popeye_Card
BW23 wrote:TimeForGuinness wrote:Popeye_Card wrote:I would love to do that had I not spent all of my life savings on hookers and blow last weekend.
I'll place the over/under on the NYSE fall today at 500 points. I'm leaning towards the over.
EDIT: Right now, it's down 280.
You win, down 504.48
That's pretty good (in Popeye's guessing, not that amount that it was down)
Yeah, and that was before I even had a cup of coffee this morning. I'm going to quit my job and become a financial predictor guy on CNBC or something.
Re: Our financial system is crumbling today.
Posted: September 15 08, 3:09 pm
by BW23
sans caffeine