Stock market crashed lost 400 points on the day

[49er]

CK wrote:
If we just lived in the forest off of nuts and berries, we wouldn't care!

ah, now back to my stereo...[/DIV]
 aarh...but I want to live in the forest in a big tree house and have nuts and berries all year long  

[Sportsdude]

[a href="http://news.bbc.co.uk/2/hi/business/6406803.stm"]http://news.bbc.co.uk/2/hi/business/6406803.stm[/a]


Markets all over the world fall again due to China.
 

[Moolah!]

The best is yet to come...

  Just wait. And it'll be soon. [A onclick="addImg('icon/509.gif')" href="jvascript:void(0)"][/A]      

[Russ]

lol, Raging Poodle, well they are reporting that this is the calm before the storm.

[Moolah!]

Lise wrote:
 I see. Hmm. I thought people would be buying Chinese stock left and right when it went down. Shows you what I know.

  Hey 49er, what do you think about India in general? Will it become the next super power in the world of finance?

  [FONT color=#0060bf]I don't know how much time you like to spend reading articles such as these, but here's one man's opinion on what you're asking:[/FONT]

  [A href="http://articles.moneycentral.msn.com/Investing/JubaksJournal/WillIndiasMarketBlowUpNext.aspx"]http://articles.moneycentral.msn.com/Investing/JubaksJournal/WillIndiasMarketBlowUpNext.aspx[/A]
   

[Moolah!]

Russ wrote:
   one of the worst hit was Caterpillar stocks (the diesel engine manufacturer).. this is because they have heavily invested in china.

  I would suggest them.. they are one of the biggest and most reliable engine manufacturers in the world.[/DIV]
 CAT just made an appearance on StockScouter's Top-10 picks list. Maybe you're on the right track. [A onclick="addImg('icon/icon_smile_cool.gif')" href="jvascript:void(0)"][/A]

  Analyst consensus seems to be Hold.

   

[Russ]

Yeah, most heavy industries like mining, power generation, large engine driven pumps, engines on vessels, etc etc.. have CAT engines. Theres three major engines  used in these industries, Caterpillar, Cummins, and Detroit Deisels(or larger versions are called EMD's(ElectroMotive Division) owned by General Motors). The two major ones are Detroit Diesels and Caterpillar. caterpillar sells their engines through dealers like Finning here in BC and Alberta.. big in mining, and industry like earthmovers.. building the sea to sky for example.

[Moolah!]

[/A][/b]





Here's an interesting analysis if you like reading these sorts of things:

[A href="http://seekingalpha.com/article/27549"]http://seekingalpha.com/article/27549[/A]

   

[Sportsdude]

market went below 12,000 today.

this is a couple month long chart of the Dow:

[img]http://chart.finance.yahoo.com/c/3m/_/_dji"]
 

[Lise]

Teh suck. Hope you guys sold quite a bit.

[GORDY GAMBINO]

SOME VERY NERVOUS INVESTORS OUT THERE. GOOD . I ALWAYS LIKE A BARGAIN.GOT ALL MY EGGS IN ONE BASKET.  ZFX ZINIFEX. THEY ARE PAYING 8% YIELD GUARANTEED AND WITH WORLD SHORTAGES OF ZINC AND LEAD THEY SHOULD GO THROUGH THE ROOF..........HAPPY DAYS. IS AN AUSSIE STOCK.

[Moolah!]

GORDY GAMBINO wrote:
 SOME VERY NERVOUS INVESTORS OUT THERE. GOOD . I ALWAYS LIKE A BARGAIN.GOT [FONT style="BACKGROUND-COLOR: #bfffff"]ALL MY EGGS IN ONE BASKET.[/FONT]  ZFX ZINIFEX. THEY ARE PAYING 8% YIELD GUARANTEED AND WITH WORLD SHORTAGES OF ZINC AND LEAD THEY SHOULD GO THROUGH THE ROOF..........HAPPY DAYS. IS AN AUSSIE STOCK.[/DIV]
 Excellent strategy. People should bet the farm on one equity. Because it can only go up, right? You'll get to places fast. Thumbs up.

[GORDY GAMBINO]

THANKS CHAMP