When The Stock Market Crashes....

Everything crashes. Although I imagine "correction" is a better term than crash.

Don't worry about the 1%. They make a killing with insider information. They love volatility.

Sales of my work always sell according to how the stock market is doing. I am speaking of original paintings. When the stocks are up, my work sells very well, when down, zilch!

Sure hope its just a temporary correction but its like the bottom fell out this week!

it could be the reason the sales are lower. though i was in another store the first time it crashed, and there were less sales, except when it went back up and then i got sales. the second time it happened (or they said it happened), my sales went up. in sept my sales were great, but slowed again in oct.

---Mike Savad

I'm just watching numbers plummet and my portfolio melt awayyyyyyyyy

So sorry Marlene, that is insult to injury for you literally! I am not even going to look at ours...:[

I have very little money. I would not touch this market.

Going on some historic info the drop might not be more than 25% give or take 5%,
but there is a worse possibility. The FED and Federal govt might not come in
with a ton of money creation this time around.

In terms of the cycle the world has been in a great depression as in WW II
frame of reference. From the drop in 1947 into early 1950 the markets dropped and stayed low. They did
not bounce back like in 1987 going into a massive bull market.

Of course from 1950 to 1966 was one of the greatest bull markets ever seen,
particularly for defensive stocks or value stocks......huge returns for years.

The other period that had huge returns for years were the 1990s.

My info is coming from historical charts and a good look at the Kondratieff Cycle.

Dave

A diversified portfolio is your friend.

It seems like the FED is out of bullets. Interest rates aren't going to drop below zero and at some point it would seem like they could not keep printing money to buy government bonds without the rest of the world realizing that the "reserve" currency of the world is but an illusion and really backed by nothing but a virtual printing press that creates 1's and zeros out of nothing. Of course, I've though that for quite a while as have some hedge fund folks that have gotten killed over the last few years going short on lots of things.

Thanks to Municipal bonds spiking I'm staying about even and getting tax free income that is much better than the yield on treasuries but even munis are a house of cards that "should" come crashing down.

Yes, the hedge fund guys might have to scale back to two sports cars instead of three. ;-)

I quit playing (gambling) with (in) the stock market about 10 years ago - managed to get out with what I had invested - never again.

The only hedge find guy I know is down something like 90% from 2007 and now living in his moms basement salivating over the next crash. The market can stay irrational longer than most people can stay solvent or something like that....

When the stock market crashes... Everybody pays for it.

When the Stock Market is on the rise a select group of people makes a lot o money.

It is not a crash. It is the October Tax-loss harvesting going on right now.

John, send me a harvested pumpkin and I'll feel a lot better!

Mutual and Hedge fund firm's fiscal years end in October....for most of them....they are cashing on tax losses....

I thiink the pundits would like to say it's going to Correct.(not crash). Others would say its returning to reality. Anytime it goes down it will effect sales.

"In art as in love, instinct is enough" -Anatole France

My sales plummeted in the crash of 2008, so it makes sense that sales will fall again. I hope not!

Adam - Hedge fund guy or Day trader? Either way I'm not shedding a tear. Basically people making money by shuffling money around, playing with the average persons reality. They don't seem to add anything to society except greed.

My long term investments are all in land.

Its the only thing they don't make any more of.