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kublikhan
Intermediate Crude
Joined: Nov 06, 2007
Posts: 625
Location: Illinois
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 Posted: Fri Jul 18, 2008 1:37 pm Post subject: Investors Riot in Pakistan Over falling markets |
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I thought this was funny:
| Quote: | | In Pakistan on Thursday, more than 200 protestors attacked the Karachi Stock Exchange, the country's main equity market, and demanded a temporary closure of the market to curb further drops in share prices, the BBC reported. Smaller protests took place in Islamabad and Lahore. The Karachi's KSE-100 benchmark stock index fell 2.6% to end at 10,212 points, declining for a 15th session in a row. It is down 27.5% year-to-date. |
Investors Riot in Pakistan
The article talks about how unsophisticated investors want to ride the free money train when the stock market shoots up, then get upset when it falls down. No free rides on the money train! You want high returns, you get high risk and volatility too. Better stick to your day job if you can't handle that.
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The oil barrel is half-full. |
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Twilight
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SILENTTODD
Intermediate Crude
Joined: May 06, 2006
Posts: 841
Location: Tustin, CA
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| Posted: Fri Jul 18, 2008 7:49 pm Post subject: Re: Investors Riot in Pakistan Over falling markets |
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Problem is, if they get really pissed, they got nukes to fling somewhere to show their displeasure!
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Skeptical scrutiny in both Science and Religion is the means by which deep thoughts are winnowed from deep nonsense-Carl Sagan |
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Pretorian
Light Sweet Crude
Joined: Apr 08, 2006
Posts: 1239
Location: Somewhere there
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| Posted: Fri Jul 18, 2008 8:48 pm Post subject: Re: Investors Riot in Pakistan Over falling markets |
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Not they, but the state of Pakistan. And they have no means to deliver it further than Madras or something.
Well , the idea of a ship-bomb is worth looking into though. |
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smallpoxgirl
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Joined: Nov 08, 2004
Posts: 5212
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| Posted: Fri Jul 18, 2008 9:45 pm Post subject: Re: Investors Riot in Pakistan Over falling markets |
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God! And I thought the SEC shorting ban was bad enough.
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"I was born in a deep forest
I wish I could live here all my life
I am made from stones and roots
My home, these woods and roads
All my life I loved this sound
Of the woods all around
Eagles fly where the winds blow free" -Korpiklaani |
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cube
Fusion
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Joined: Mar 12, 2005
Posts: 3376
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| Posted: Fri Jul 18, 2008 10:50 pm Post subject: Re: Investors Riot in Pakistan Over falling markets |
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| kublikhan wrote: | ...
The article talks about how unsophisticated investors want to ride the free money train when the stock market shoots up, then get upset when it falls down. No free rides on the money train! You want high returns, you get high risk and volatility too. Better stick to your day job if you can't handle that. |
cube's "investment" advice on day trading
1) do not quit your day job
2) see rule no. 1
In all fairness how is that any different than Americans who turn to government asking for interest rate cuts and stimulus packets? |
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Tyler_JC
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Joined: Sep 25, 2004
Posts: 4428
Location: Boston, MA
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| Posted: Fri Jul 18, 2008 10:52 pm Post subject: Re: Investors Riot in Pakistan Over falling markets |
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I get it.
The stock market goes down and the best way of making it go back up is to start a riot and burn tires in front of the stock exchange.
I'm sure that will work out just fine.
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"www.peakoil.com is the Myspace of the Apocalypse." |
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SILENTTODD
Intermediate Crude
Joined: May 06, 2006
Posts: 841
Location: Tustin, CA
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| Posted: Fri Jul 18, 2008 10:59 pm Post subject: Re: Investors Riot in Pakistan Over falling markets |
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| Pretorian wrote: | Not they, but the state of Pakistan. And they have no means to deliver it further than Madras or something.
Well , the idea of a ship-bomb is worth looking into though. |
Pretorian, you need to read a good article on this subject by Scientific American that's already seven years old! December 2001 issue "India, Pakistan and the Bomb". The author’s opinions were that Pakistan was more advanced than India then, and they could cover almost the whole of the subcontinent with the missiles they had in 2001.
Worried about an Iranian Bomb? The could just buy one every bit as advanced as anything Israel has from their Islamic kindred. I've heard a retired State Department Official say if Mushariff was to fall, Pakistan would become the Sudan with Nukes!
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Skeptical scrutiny in both Science and Religion is the means by which deep thoughts are winnowed from deep nonsense-Carl Sagan
Last edited by SILENTTODD on Mon Jul 21, 2008 1:25 pm; edited 1 time in total |
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smallpoxgirl
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Joined: Nov 08, 2004
Posts: 5212
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| Posted: Fri Jul 18, 2008 11:06 pm Post subject: Re: Investors Riot in Pakistan Over falling markets |
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| Tyler_JC wrote: | I get it.
The stock market goes down and the best way of making it go back up is to start a riot and burn tires in front of the stock exchange.
I'm sure that will work out just fine. |
Maybe we should try that to remedy the mortgage crisis.
_________________
"I was born in a deep forest
I wish I could live here all my life
I am made from stones and roots
My home, these woods and roads
All my life I loved this sound
Of the woods all around
Eagles fly where the winds blow free" -Korpiklaani |
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MrBill
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Joined: Sep 15, 2005
Posts: 5220
Location: Eurasia
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| Posted: Mon Jul 21, 2008 1:27 am Post subject: Re: Investors Riot in Pakistan Over falling markets |
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I always have to shake my head in wonderment whenever poor countries have riots to rip-up what little infrastructure they have. Oh ya, that'll help, eh? That sends a clear message to donors and would be foreign investors!
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The organized state is a wonderful invention whereby everyone can live at someone else's expense. |
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