wrote in message
news
On Sat, 08 May 2010 12:04:28 -0400, bpuharic wrote:

in 1 day wall street wipes out a TRILLION DOLLARS from the
economy.

It was a trillion that never really existed in the first place. It was
just phony paper "money" they created out of thin air.


While it wasn't cash, if the stocks are sold (and many are), it would
certainly be real!

wrote in message
news
On Sun, 9 May 2010 10:05:08 -0700, "nom=de=plume"
wrote:

It was a trillion that never really existed in the first place. It was
just phony paper "money" they created out of thin air.


While it wasn't cash, if the stocks are sold (and many are), it would
certainly be real!

A stock price is only valid for the last person to actually exercise
that trade and as sell orders come in prices inevitably drop.
Some of my stop loss orders actually traded lower than the price I set
because the market would not support that price in the free fall after
that bozo screwed up one sell order.


Yes, thus the money is certainly real for those exercising trades. It also
has the effect of making companies vulnerable to pirates, who would take
advantage of low stock prices. Again, very real consequences.

On 09/05/2010 3:26 PM, nom=de=plume wrote:
wrote in message
news
On Sun, 9 May 2010 10:05:08 -0700,
wrote:

It was a trillion that never really existed in the first place. It was
just phony paper "money" they created out of thin air.


While it wasn't cash, if the stocks are sold (and many are), it would
certainly be real!

A stock price is only valid for the last person to actually exercise
that trade and as sell orders come in prices inevitably drop.
Some of my stop loss orders actually traded lower than the price I set
because the market would not support that price in the free fall after
that bozo screwed up one sell order.


Yes, thus the money is certainly real for those exercising trades. It also
has the effect of making companies vulnerable to pirates, who would take
advantage of low stock prices. Again, very real consequences.

Not at all. If it were not for those low ball limit orders, the market
might have hit 0. Limit order protect variances, trouble as at the
point of Thursdays almost 1000 point drop there were very few buyers.
Nobody wanted US worthless **** for 10 minutes.

No big. Some of the biggest losers I would never buy. If you can't
take this volitility, then get out.

The real stock price is 100% valued at any one point in time to exactly
what someone will _pay_ to buy the lot sold. Not one cent less or more.

--
There is a sucker born every minute, liberals and our politicians are
counting on it.

"Canuck57" wrote in message
...
On 09/05/2010 3:26 PM, nom=de=plume wrote:
wrote in message
news
On Sun, 9 May 2010 10:05:08 -0700,
wrote:

It was a trillion that never really existed in the first place. It was
just phony paper "money" they created out of thin air.


While it wasn't cash, if the stocks are sold (and many are), it would
certainly be real!

A stock price is only valid for the last person to actually exercise
that trade and as sell orders come in prices inevitably drop.
Some of my stop loss orders actually traded lower than the price I set
because the market would not support that price in the free fall after
that bozo screwed up one sell order.


Yes, thus the money is certainly real for those exercising trades. It
also
has the effect of making companies vulnerable to pirates, who would take
advantage of low stock prices. Again, very real consequences.

Not at all. If it were not for those low ball limit orders, the market
might have hit 0. Limit order protect variances, trouble as at the point
of Thursdays almost 1000 point drop there were very few buyers. Nobody
wanted US worthless **** for 10 minutes.

No big. Some of the biggest losers I would never buy. If you can't take
this volitility, then get out.

The real stock price is 100% valued at any one point in time to exactly
what someone will _pay_ to buy the lot sold. Not one cent less or more.

--
There is a sucker born every minute, liberals and our politicians are
counting on it.


Basically, you know nothing about economics or how the stock market works.
Stupidity confirmed!

On 5/9/10 10:25 PM, wrote:
On Sun, 9 May 2010 14:26:49 -0700,
wrote:

wrote in message
news
On Sun, 9 May 2010 10:05:08 -0700,
wrote:

It was a trillion that never really existed in the first place. It was
just phony paper "money" they created out of thin air.


While it wasn't cash, if the stocks are sold (and many are), it would
certainly be real!

A stock price is only valid for the last person to actually exercise
that trade and as sell orders come in prices inevitably drop.
Some of my stop loss orders actually traded lower than the price I set
because the market would not support that price in the free fall after
that bozo screwed up one sell order.


Yes, thus the money is certainly real for those exercising trades. It also
has the effect of making companies vulnerable to pirates, who would take
advantage of low stock prices. Again, very real consequences.



... but the money is only real when you sell the stock and if too many
people try to sell the stock the price drops so the true "value" is a
nebulous thing to define.
My brokerage report calls the position "unrealized gains" so we won't
get too giddy about our good fortune.
As BP found out, all of those gains in his 401k in 2006 were just love
letters in the sand.
When a significant number of boomers start drawing off their 401ks he
won't have much there at all. That is the huge joke on the early 50
somethings and younger about this 401k deal.
Much like Social Security, it may be gone by the time they get their
shot at it.
After watching how things went this week, I am thinking about just
cashing out my 401k and buying silver coins or something.
I bought a bag of silver dimes in the late 90s for 6x face, they are
going more like 13x face now.
BP wishes his 401k was doing as well and if the dollar crashes, silver
will be worth more. I am just sorry I didn't buy a wheel barrow full.
I have ~10,000 rounds of ammo that has appreciated quite a bit more
than that in the same time frame. My machine gun is 10x what I paid
for it. I may cash that one in this year.
Paper is not the only way to hold money.


Machine gun? That's what I need to hold off the LoogyZombies...what
kind...and should I start the paperwork for a transfer?

My last firearms purchase was a CZ-75 Shadow, highly customized. It's
now single action, with a 3# trigger. Incredibly accurate, at least as
accurate as the Sig target pistol I owned for a couple of years. Holds
19 rounds in the mag, one in the pipe.




--
The Tea Party's teabaggers are just the Republican base by another name.

On 5/9/10 11:55 PM, wrote:
On Sun, 09 May 2010 22:34:29 -0400,
wrote:

Machine gun? That's what I need to hold off the LoogyZombies...what
kind...and should I start the paperwork for a transfer?

10/22 Norrell conversion, virtually new in box. Maybe 300-400 rounds
fired through it. Ram loader and several hi-cap magazines of various
types.
I would really like $10k but the last time I looked they were more
like $9000-9500 on subgun.
Have your dealer call me ;-)


Uh...I was hoping for bigger and better... :)

--
The Tea Party's teabaggers are just the Republican base by another name.

On 5/10/10 10:44 AM, wrote:
On Mon, 10 May 2010 06:09:02 -0400,
wrote:

On 5/9/10 11:55 PM, wrote:
On Sun, 09 May 2010 22:34:29 -0400,
wrote:

Machine gun? That's what I need to hold off the LoogyZombies...what
kind...and should I start the paperwork for a transfer?

10/22 Norrell conversion, virtually new in box. Maybe 300-400 rounds
fired through it. Ram loader and several hi-cap magazines of various
types.
I would really like $10k but the last time I looked they were more
like $9000-9500 on subgun.
Have your dealer call me ;-)


Uh...I was hoping for bigger and better... :)

The advantage of this one is mortal man can afford the ammo.
They are also pretty rare

Understood. But I've read in Combat Arms that if you are going to try to
take down rampaging loogyzombies, you need at least 9mm rounds in your
full auto machine pistol. :)

--
The Tea Party's teabaggers are just the Republican base by another name.

"hk" wrote in message
m...
On 5/10/10 10:44 AM, wrote:
On Mon, 10 May 2010 06:09:02 -0400,
wrote:

On 5/9/10 11:55 PM, wrote:
On Sun, 09 May 2010 22:34:29 -0400,
wrote:

Machine gun? That's what I need to hold off the LoogyZombies...what
kind...and should I start the paperwork for a transfer?

10/22 Norrell conversion, virtually new in box. Maybe 300-400 rounds
fired through it. Ram loader and several hi-cap magazines of various
types.
I would really like $10k but the last time I looked they were more
like $9000-9500 on subgun.
Have your dealer call me ;-)


Uh...I was hoping for bigger and better... :)

The advantage of this one is mortal man can afford the ammo.
They are also pretty rare

Understood. But I've read in Combat Arms that if you are going to try to
take down rampaging loogyzombies, you need at least 9mm rounds in your
full auto machine pistol. :)


Either that, or a feather pillow.

On May 10, 11:35*am, "YukonBound" wrote:
"hk" wrote in message

m...





On 5/10/10 10:44 AM, wrote:
On Mon, 10 May 2010 06:09:02 -0400,
wrote:

On 5/9/10 11:55 PM, wrote:
On Sun, 09 May 2010 22:34:29 -0400,
wrote:

Machine gun? That's what I need to hold off the LoogyZombies...what
kind...and should I start the paperwork for a transfer?

10/22 Norrell conversion, virtually new in box. Maybe 300-400 rounds
fired through it. Ram loader and several hi-cap magazines of various
types.
I would really like $10k but the last time I looked they were more
like $9000-9500 on subgun.
Have your dealer call me *;-)

Uh...I was hoping for bigger and better... :)

The advantage of this one is mortal man can afford the ammo.
They are also pretty rare

Understood. But I've read in Combat Arms that if you are going to try to
take down rampaging loogyzombies, you need at least 9mm rounds in your
full auto machine pistol. *:)

Either that, or a feather pillow.- Hide quoted text -

- Show quoted text -

Feather pillow for what? Something for your wino son to pass out on?

On 5/10/10 11:35 AM, YukonBound wrote:


"hk" wrote in message
m...
On 5/10/10 10:44 AM, wrote:
On Mon, 10 May 2010 06:09:02 -0400,
wrote:

On 5/9/10 11:55 PM, wrote:
On Sun, 09 May 2010 22:34:29 -0400,
wrote:

Machine gun? That's what I need to hold off the LoogyZombies...what
kind...and should I start the paperwork for a transfer?

10/22 Norrell conversion, virtually new in box. Maybe 300-400 rounds
fired through it. Ram loader and several hi-cap magazines of various
types.
I would really like $10k but the last time I looked they were more
like $9000-9500 on subgun.
Have your dealer call me ;-)


Uh...I was hoping for bigger and better... :)

The advantage of this one is mortal man can afford the ammo.
They are also pretty rare

Understood. But I've read in Combat Arms that if you are going to try
to take down rampaging loogyzombies, you need at least 9mm rounds in
your full auto machine pistol. :)


Either that, or a feather pillow.


Gosh, and we only have the non-allergenic ones...no feathers.



--
The Tea Party's teabaggers are just the Republican base by another name.