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Fish Are Quick
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 Posted: Sun Mar 23, 2008 3:06 pm |
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| QuoteMaster |
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Joined: Thu Aug 14, 2003 3:23 pm
Posts: 661
Location: England
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This is my current hobby, so I thought I'd share:
My money is on Lehman.
Spreading the panic since Summer '07,
FAQ.
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"The proper study of mankind is man."
Alexander Pope
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Anajo
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Posted: Mon Mar 24, 2008 5:21 pm |
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| QuoteMaster |
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Joined: Mon Sep 26, 2005 6:28 am
Posts: 4297
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Most market analysts state that the current panic has reached its zenith and those who have a stake in the market don't want a panic. In the end, who knows? I have a retirement fund which is based on Standard and Poors, so I am hoping that the "long-term" wisdom analysis vis-à-vis the market is, in fact "wisdom"... so I'm just holding on to my stocks and crossing my fingers...  
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Collective fear stimulates herd instinct, and tends to produce ferocity toward those who are not regarded as members of the herd.
~Bertrand Russell
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Fish Are Quick
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Posted: Mon Mar 24, 2008 6:42 pm |
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| QuoteMaster |
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Joined: Thu Aug 14, 2003 3:23 pm
Posts: 661
Location: England
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Most analysts weren't predicted the fall of Bear Stearns a couple of weeks ago...
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"The proper study of mankind is man."
Alexander Pope
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Anajo
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Posted: Mon Mar 24, 2008 7:00 pm |
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Joined: Mon Sep 26, 2005 6:28 am
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Fish Are Quick wrote: Most analysts weren't predicted the fall of Bear Stearns a couple of weeks ago...
Well, the stock market and the economy are both quite complex. It's always easy to analyze the past, but not so easy to predict the future.
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Collective fear stimulates herd instinct, and tends to produce ferocity toward those who are not regarded as members of the herd.
~Bertrand Russell
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sigsfried
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Posted: Thu Mar 27, 2008 5:39 am |
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| The Sceptic |
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Joined: Thu Jan 20, 2005 1:07 pm
Posts: 1811
Location: Yorkshire, United Kingdom
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True but both Northern Rock and Bear Stearns where relatively sirprising. It only takes panic to start and somewhere else may well fall. I would guess at it being a European bank (not swiss obviously and I don't think it will be another UK bank)
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"The Truth may be out there but the lies are in your head"
"I tend to think if God wanted us to believe in him he'd exist."
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InFirstPerson
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Posted: Thu Apr 10, 2008 10:14 am |
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Joined: Wed Apr 09, 2008 2:10 pm
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Lehman Brothers will bow out next.
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Greta
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Posted: Sun Sep 14, 2008 8:40 pm |
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Joined: Sat Feb 11, 2006 11:13 am
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It appears that you all are correct about Lehman. My question is: how bad is this going to get? Is America experiencing a financial meltdown?
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Greta
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Posted: Sun Sep 14, 2008 9:00 pm |
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Joined: Sat Feb 11, 2006 11:13 am
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Quote: full story Greenspan: This is The Worse Economy I've Ever Seen
Former Federal Reserve Chairman Alan Greenspan offered a woeful outlook of America's economic situation on Sunday, saying the crisis with the country's financial institutions was as dire as he had ever seen in his long career, and predicting that one or more of those institutions would likely collapse in the near future. "Oh, by far," Greenspan said, when asked if the situation was the worst he had seen in his career. "There's no question that this is in the process of outstripping anything I've seen and it still is not resolved and still has a way to go and, indeed, it will continue to be a corrosive force until the price of homes in the United States stabilizes. That will induce a series of events around the globe which will stabilize the system."
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Fish Are Quick
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Posted: Thu Oct 02, 2008 2:17 am |
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| QuoteMaster |
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Joined: Thu Aug 14, 2003 3:23 pm
Posts: 661
Location: England
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You can call me Nostradamus.
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"The proper study of mankind is man."
Alexander Pope
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cdsg23
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Posted: Sat Oct 04, 2008 4:17 am |
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| QuoteMaster |
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Joined: Mon Nov 25, 2002 4:51 pm
Posts: 3071
Location: University of New Hampshire
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Insert recession here.
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Sanctuary: a small safe place in a troubling world
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Anajo
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Posted: Mon Oct 06, 2008 11:31 pm |
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Joined: Mon Sep 26, 2005 6:28 am
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You got it right FAQ! 
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Collective fear stimulates herd instinct, and tends to produce ferocity toward those who are not regarded as members of the herd.
~Bertrand Russell
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Fish Are Quick
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Posted: Wed Oct 15, 2008 6:20 am |
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| QuoteMaster |
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Joined: Thu Aug 14, 2003 3:23 pm
Posts: 661
Location: England
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Quote: Just curious, anymore predictions for the future, like new world order?
Yeah, this is all the Illuminati's fault. Or maybe the Mayans, possibly the Skull and Bones or the Bilderberg Group, maybe it's the government CONSPIRING AGAINST US *cough*
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"The proper study of mankind is man."
Alexander Pope
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cheGuevara
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Posted: Wed Oct 15, 2008 8:07 am |
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| Zen Rebel |
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Joined: Fri Jul 22, 2005 7:31 am
Posts: 1737
Location: Macedonia
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Don't forget the evil Russkies.
che
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Re vera, cara mea, mea nil refert.
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Fish Are Quick
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Posted: Thu Oct 16, 2008 1:33 am |
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| QuoteMaster |
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Joined: Thu Aug 14, 2003 3:23 pm
Posts: 661
Location: England
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Che,
If I mentioned the Russkies I wouldn't be joking.
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"The proper study of mankind is man."
Alexander Pope
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