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View Full Version : Nasdaq is at 2112


Fonzie
01-15-2004, 02:00 PM
...as of 3pm EST.

Rock on.

rkmsuf
01-15-2004, 02:03 PM
Shakespeare for everyone!!!

Senator
01-15-2004, 02:07 PM
http://www.worldofnumbers.com/2112.jpg

MikeVic
01-15-2004, 02:09 PM
:( I don't get it.

Fonzie
01-15-2004, 02:11 PM
:( I don't get it.

As Senator has pointed out, 2112 is the best number ever in the history of mankind and every other as-yet-undiscovered extraterrestrial race.

Philliesfan980
01-15-2004, 02:12 PM
Great time to get back in the market. Actually last year was a pretty good time, but if you miss out now, you may not be able to really cash in.

Fonzie
01-15-2004, 02:13 PM
Great time to get back in the market. Actually last year was a pretty good time, but if you miss out now, you may not be able to really cash in.

I hope nobody got in while the Nasdaq was at 2112, because its now down to 2107. :(

Philliesfan980
01-15-2004, 02:15 PM
I hope nobody got in while the Nasdaq was at 2112, because its now down to 2107. :(

Haha, I stand corrected.

HornedFrog Purple
01-15-2004, 03:12 PM
We have assumed control....
We have assumed control....
We have assumed control....

Ksyrup
01-15-2004, 03:23 PM
I got in when it was at its peak, so it stands to reason that I'd be out now. :p

Actually, my 401K is doing much better. But I'm pretty much done with self-serve stock picks. I'd have done only marginally worse investing in Taboo.

Fonzie
01-15-2004, 03:31 PM
I got in when it was at its peak, so it stands to reason that I'd be out now. :p

Actually, my 401K is doing much better. But I'm pretty much done with self-serve stock picks. I'd have done only marginally worse investing in Taboo.

My wife and I had almost the worst experience with getting into the markets that one could have (except for the fact that there wasn't a whole lot of money involved). We bought our first mutual funds in 1999, watched them grow for a little while with irrational exhuberance, and then saw them deflate when the tech bust hit. Unfortunately, we were about to buy a house at that time, so we had to cash out while the funds were down to help with the down payment. Now, of course, they're back up. :mad:

Stupid gambling. ;)

Ksyrup
01-15-2004, 03:58 PM
Same here, although luckily, we didn't need the money. But we lost about 85% of the original value, after we had made about 20%. Bad times.

Kodos
01-15-2004, 05:30 PM
I literally opened a Roth IRA the day before things went to crap. I had one day where I got to enjoy some marginal profits, and then the HUGE drop over the next few years began. Timing has never been a strong point for ol' Kodos.

Senator
01-15-2004, 05:34 PM
I setup this rich 85 year old guy I interviewed for my book on the computer so he could follow his stocks live. He loved it.

I remember this guy had 6 million in Cisco, 3 million in Oracle, a couple million in Microsoft. It was insane. About 85% of his stock wealth was from tech stocks. I remember just being in awe of it. I have not talked to him since it all went south, and he may even have passed away by now, but I couldn't help but think how sick he was if he lost all that.

Fonzie
01-15-2004, 05:48 PM
I remember this guy had 6 million in Cisco, 3 million in Oracle, a couple million in Microsoft. It was insane. About 85% of his stock wealth was from tech stocks. I remember just being in awe of it. I have not talked to him since it all went south, and he may even have passed away by now, but I couldn't help but think how sick he was if he lost all that.

If I lost all of that I'd probably hope to pass away.
;)

Philliesfan980
01-15-2004, 06:52 PM
Same here, although luckily, we didn't need the money. But we lost about 85% of the original value, after we had made about 20%. Bad times.

eh, just invest in some blue chips, you'll be fine. Its not the 3-5 year that you should be worring about (I assume most of us are in the 23-40 age range), its the 20-30 year that we should be worring about. Don't invest stuff that you need in a year or two, you're better off just leaving it in the savings. Over time, the market will return 8% on average, thats it.