Oh Man, Don't look at the Stock Market today!

@lpetges (3036)
United States
February 27, 2007 8:36am CST
i'm looking right now, and its not good.... i hope this does not last! im really new to the stocks, and i don't quite understand why this is happening...something to do with the asian market?
1 person likes this
3 responses
@TDonald (1423)
• United States
28 Feb 07
Don't worry no one really understands what's happening. No matter what the news people say, they are in the dark about the markets like the rest of us. And the people who really know aren't talking. Seriously though, keep an eye on what the institutional buyersand sellers are doing. They have the power to make a stock go up or down. And they make their decisions on information that you don't get free on the Internet.
1 person likes this
@lpetges (3036)
• United States
28 Feb 07
i'm watching bloomberg right now, and it looks like they are saying this will be a better day...but who really knows! all i know is i lost alot of money yesterday. It is really scary how these things "just happen"... maybe i'll stop trading for awhile-at least util i catch up!
@jbrowsin66 (1322)
• United States
27 Feb 07
Uh-oh... actually something of mine went up quite a bit yesterday, but as they say, what goes up must come down! (And hopefully go up again!)
@nitsy_s (1031)
• India
27 Feb 07
Everyone is booking profit,so there are more sellers in the market than buyers. So the demand is less, hence the fall in prices. If u are planning to buy, this is the right time to invest in some good scripts.
1 person likes this