Stock Market Today

Pamila · by **Pamila** » 24 Oct 2009, 20:40

Today, January 22, 2008 all the news channels were focusing on the stock market a huge risk of recession. They also said that the federal government reduced interest rates. I only saw bits and pieces of the news report. What exactly happened? What was the scare? What did the government do?

Jamal · by **Jamal** » 24 Oct 2009, 20:40

What happened today on Wall Street was warned about as far back as 2003 . The Bush approach to business is to first destroy a federal government, install un-proven radical theories then spin those ideas into a patriotic financial action plan to re-build America by 0 percent financing on money lent by China, India and the European Union along with global investors like me.

Donald · by **Donald** » 24 Oct 2009, 20:40

Who thinks the stock market today has derailed McCains debate strategy?

Todays stock market plunge almost guarantees that McCain can't get off-topic and go on a character attack. If he decides to ignore the economy and go after Obama, I think he is done.

Thoughts?

Orpha · by **Orpha** » 24 Oct 2009, 20:40

He should be done, after 8years of him and w they ruined our world

Sage · by **Sage** » 24 Oct 2009, 20:40

What strategy would you take to make money in the stock market today?

This is assuming the current state of the economy. You have between now and May 1 to invest a sum of money. What companies would you invest in and why? What sectors? Money must be invested in stocks with the primary goal in capital gain.

Bettie · by **Bettie** » 24 Oct 2009, 20:40

I'm investing in 1 long shot for gain only, not long term hold.
It's a pink sheet stock. (Risky)
Symbol: CCTC $23.25 per share at the close today.
I purchased on 12-20-07 at $18.50 per share.
Up $4.75 per share in less than 1 month.
It's a company that can make coal 85% clean burning.
It's been awarded a large contract in China recently.
Nothing in the US for the company though.
Peabody Coal Compnay in the US is working on this technology but so far I believe they make coal only 45% clean burning.
I figure that any company that has a process to reduce coal emmissions in the air by 85% is worth a shot. Many people do not realize how much coal is used to provide energy for us.
It's a gamble I'm comfortable in taking.

Philip · by **Philip** » 24 Oct 2009, 20:40

I lost a little over eleven thousand dollars. All my stocks dropped except for some reason my renewable energy ones, but only by a few cents

Shanon · by **Shanon** » 24 Oct 2009, 20:40

Unless you sold some stock at a loss today, you haven't lost any money. The market in general is still up a tad over last week's low, tho it is down considerably from its 13000+ high. The loss is only on paper and doesn't become real unless you sell something. Basic investing.

Loma · by **Loma** » 24 Oct 2009, 20:40

So far without counting mutual funds I have gained back a little over 2% on my stocks.
thats what I mean.paper gains.
yeah, I did a little buying and day trading today myself. I love volatility sometimes

Dorie · by **Dorie** » 24 Oct 2009, 20:40

I gained back about 1/3 of my loss. But today was a great buying opportunity that was too good to pass up. Was able to pick up a number of winners. Will have to see if I was correct.

Stock Market Today

What Happened In The Stock Market Today?

Who thinks the stock market today has derailed McCains...

What strategy would you take to make money in the stock...

How much money did you lose on the stock market today?

How much did you gain back in the stock market today?

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