Maybe it's because I invest very wisely and instead of falling on my ass, my investments have either broken even or gone up slightly lately.
Add to that the fact that gas prices dropped below $2 for the first time in 4 years here, maybe we need to rethink this whole "recession bad" mentality.
$1.98 on the way in to work today and supposed to continue lower...
Meh...I like recessions. [wine]
Quote from: ZLTFUL on October 28, 2008, 06:22:56 AM
Maybe it's because I invest very wisely and instead of falling on my ass, my investments have either broken even or gone up slightly lately.
Add to that the fact that gas prices dropped below $2 for the first time in 4 years here, maybe we need to rethink this whole "recession bad" mentality.
$1.98 on the way in to work today and supposed to continue lower...
Meh...I like recessions. [wine]
1.98 - you suck. CR is still over 2.40 >:( Seems like DM is the low cost gas place now-a-days.
mitt
i saw 2.50 last night in the city. i was amazed.
you all suck
i was stoked about $3.39
Cheapest in this area was southern VA. I filled up there for $2.59 a couple weekends ago ~
JM
$2.69 at my local Hess station this morning *(upstate NY)
Quote from: alfisti on October 28, 2008, 06:42:19 AM
$2.69 at my local Hess station this morning *(upstate NY)
Bah! The closest station to me is still $3.05... But I've seen price in DC (usually $.2-.3 higher) that are lower than my station... wtf. >:(
Oh another positive is the downward trend of the Euro vs the Dollar... Maybe those S&P rearsets won't be so goddamn expensive now. Current trading has $1.25447 to 1E in april is was about $1.60
$1.95 for regular unleaded this morning.
around 24.00 bones to fill up my VW
I might agree if I were still gainfully employed. :-\
Quote from: Le Pirate on October 28, 2008, 07:01:04 AM
$1.95 for regular unleaded this morning.
around 24.00 bones to fill up my VW
Yeah right. :-\
Quote from: Speedbag on October 28, 2008, 07:02:29 AM
I might agree if I were still gainfully employed. :-\
pregnant dog pregnant dog pregnant dog. ;)
We just went below $3.00. I filled up the other night at $2.92
WIth stocks low I am thinking of buying today [evil]
Quote from: yuu on October 28, 2008, 06:49:17 AM
Bah! The closest station to me is still $3.05... But I've seen price in DC (usually $.2-.3 higher) that are lower than my station... wtf. >:(
Oh another positive is the downward trend of the Euro vs the Dollar... Maybe those S&P rearsets won't be so goddamn expensive now. Current trading has $1.25447 to 1E in april is was about $1.60
it was at $1.45 when I left germany in Sept.
why couldn't this happen a few months ago? it would have mad emy trip a lot cheaper.
ftr.... the sudden drop, is (from what I'm hearing) is a danger sign. just as bad as the sudden increase.
Quote from: bobspapa on October 28, 2008, 07:42:48 AM
ftr.... the sudden drop, is (from what I'm hearing) is a danger sign. just as bad as the sudden increase.
that's what the 'doomers' say.
Quote from: bobspapa on October 28, 2008, 07:42:48 AM
ftr.... the sudden drop, is (from what I'm hearing) is a danger sign. just as bad as the sudden increase.
yeah well it still would have made my vacation cheaper.
Quote from: ducpainter on October 28, 2008, 07:44:26 AM
that's what the 'doomers' say.
it's not so much a doom and gloom thing.
#1. it take the focus off of the US's need to be energy independant.
People get stupid. They only save, when it really hurts not to. One week of low gas prices,and people go "weeeee", back to driving the gas guzzlers. They totally forget just how fast and how high the prices went up last time.
Quote from: bobspapa on October 28, 2008, 07:54:49 AM
it's not so much a doom and gloom thing.
#1. it take the focus off of the US's need to be energy independant.
People get stupid. They only save, when it really hurts not to. One week of low gas prices,and people go "weeeee", back to driving the gas guzzlers. They totally forget just how fast and how high the prices went up last time.
Don't be silly-it was a random spike-things will never get bad again. Now if you'll excuse me, I need to go sign for my adjustable, interest only 5 million dollar home mortgage.
Quote from: somebastid on October 28, 2008, 08:47:41 AM
Don't be silly-it was a random spike-things will never get bad again. Now if you'll excuse me, I need to go sign for my adjustable, interest only 5 million dollar home mortgage.
see
[laugh]
Quote from: A.duc.H.duc. on October 28, 2008, 09:25:31 AM
Look what you caused BP!
bp also stands for Boone Pickens
and I [puke] this message
the Pickens plan [laugh]
Quote from: bobspapa on October 28, 2008, 09:31:08 AM
bp also stands for Boone Pickens
and I [puke] this message
the Pickens plan [laugh]
Oklahoma who?
Quote from: trouble on October 28, 2008, 07:03:11 AM
Yeah right. :-\
well, geez.....it wasn't sucking air, but had less than a quarter tank left...
is 24 bucks really that unbelieveable? [laugh]
Quote from: Le Pirate on October 28, 2008, 01:05:52 PM
well, geez.....it wasn't sucking air, but had less than a quarter tank left...
is 24 bucks really that unbelieveable? [laugh]
Nope. Math never lies. 24/1.95 = 12.31 gallons. You probably have about a 15 gallon tank, so it makes sense to me. :P
My truck would have to be above a half tank to fill up for that. [laugh]
All commodities (including gas) are trending down in price, which is a sign people are hoarding their money and not putting it anywhere, thus not good for the economy. However, as others have said, if you planned wisely and are still gainfully employed (Sorry Speedbag) you're in a position to ride it out, or even make a buck.
$0.91 here today
of course that's canadian dollars/litre which works out to $4.10/US Gallon... so quit 'yer whining
[laugh] [laugh] [laugh] [laugh] [laugh] [laugh]
Gas prices in NorCal still average $3.19 for regular unleaded. Oh! the price we pay to live here!
$1.96 at the same gas station on the way home tonight. Makes me wish I had a 500 gallon tank in the back of my truck...
Quote from: Jobu on October 28, 2008, 01:13:53 PM
Nope. Math never lies. 24/1.95 = 12.31 gallons. You probably have about a 15 gallon tank, so it makes sense to me. :P
My truck would have to be above a half tank to fill up for that. [laugh]
14.6 gal. to be exact!
Quote from: Le Pirate on October 28, 2008, 05:40:39 PM
14.6 gal. to be exact!
any particular reason you know it's exactly 14.6? [laugh]
the same way i know the tank on my monster will hold 3.2gal?
I'm kinda liking the "recession" too. I need a couple new cars and should save about $20,000 bewteen the two of them. My wife and I will make more money this year then ever before. My 457 lost a bit but it will come back. I'm just not seeing a recession. I'm seeing people that should have been making $30K a year (realtors and mortgage brokers) getting jobs making ...30K a year.
Filled up the work van today for $2.20/gal. dropped $40 on the cashier, and got $2 back!
YAAAAHOOOOOO!
A month ago, that would've got me a 1/4 tank!
Of course, business is slower than I've ever seen it, and I'll be filing for bankruptcy if it doesn't pick up fairly soon, but I paid the mortgage tonight, so I'm good for another month.
Quote from: hbliam on October 28, 2008, 07:20:37 PM
I'm kinda liking the "recession" too. I need a couple new cars and should save about $20,000 bewteen the two of them. My wife and I will make more money this year then ever before. My 457 lost a bit but it will come back. I'm just not seeing a recession. I'm seeing people that should have been making $30K a year (realtors and mortgage brokers) getting jobs making ...30K a year.
the real shit aint hit the fan yet
Quote from: bobspapa on October 28, 2008, 08:03:59 PM
the real shit aint hit the fan yet
I want it to get worse. Home prices are affordable for once.
Quote from: smartaleck on October 28, 2008, 08:05:41 PM
I want it to get worse. Home prices are affordable for once.
no..... I think home prices are going to stabilize back to a point just a bit lower than where they were about 5 years ago. The real shit will hit, when all these business that are dog paddling right now, just give up. Combine bad business loans with bad mortgages, students refusing to pay back student loans, the fed printing money backed by nothing. Wait till the Chinese come calling, wanting their money back.
Quote from: bobspapa on October 28, 2008, 08:13:36 PM
no..... I think home prices are going to stabilize back to a point just a bit lower than where they were about 5 years ago. The real shit will hit, when all these business that are dog paddling right now, just give up. Combine bad business loans with bad mortgages, students refusing to pay back student loans, the fed printing money backed by nothing. Wait till the Chinese come calling, wanting their money back.
You're no fun when you're all negative.
Quote from: smartaleck on October 28, 2008, 08:14:46 PM
You're no fun when you're all negative.
I'm actually in a great mood. The boys are selling cookies for school...and they have glutenfree one on the list [cheeky]
I for one think there's a huge opportunity here. There is money to be made. People as a group freak out--mob mentality--and they also rally as a group. So many fantastic stocks are undervalued by a long shot it's unbelieveable. I lost a lot of money, but I can make it all back and then some. So while the majority of people are freaking out and stuffing money under their mattresses, I'm quietly buying up stock and waiting, because it's going to change. It always does. ;D
Think long term gains, people, not short term losses!
Relax, and have a [drink]
Quote from: River on October 28, 2008, 08:28:01 PM
I for one think there's a huge opportunity here. There is money to be made. People as a group freak out--mob mentality--and they also rally as a group. So many fantastic stocks are undervalued by a long shot it's unbelieveable. I lost a lot of money, but I can make it all back and then some. So while the majority of people are freaking out and stuffing money under their mattresses, I'm quietly buying up stock and waiting, because it's going to change. It always does. ;D
Think long term gains, people, not short term losses!
Relax, and have a [drink]
people will always find a way to make money.
the economy is in the shitter , the fed is printing money like it's toilet paper.... and High School musical rakes in 43 million its first weekend out [laugh]
Quote from: bobspapa on October 28, 2008, 08:33:13 PM
people will always find a way to make money.
the economy is in the shitter , the fed is printing money like it's toilet paper.... and High School musical rakes in 43 million its first weekend out [laugh]
Dude High School musical took in $43M? Okay, the apocalypse is upon us!
[laugh]
$4.06 here in Japan still...and the kicker is my rent just went up another $400 PER MONTH because of the worst Yen exchange rate in history! (maybe not history, but in a long ass time!)
Quote from: River on October 28, 2008, 08:49:53 PM
Dude High School musical took in $43M? Okay, the apocalypse is upon us!
[laugh]
The end is near! [laugh]
Actually during the depression movies did okay b/c people wanted to be able to go and forget their troubles for a while, and that was an hour or more (sometimes less) that you could live somebody elses life. Anyways, yeah it doesn't seem to make any sense unless you look at it that way, as an escape for some poeple.
The Doc
PS: But High School Musical?!?!?!!??!!! For crying out loud!!! Go rent Ironman, save some money, and watch something with real action.
Quote from: River on October 28, 2008, 08:28:01 PM
I for one think there's a huge opportunity here. There is money to be made. People as a group freak out--mob mentality--and they also rally as a group. So many fantastic stocks are undervalued by a long shot it's unbelieveable. I lost a lot of money, but I can make it all back and then some. So while the majority of people are freaking out and stuffing money under their mattresses, I'm quietly buying up stock and waiting, because it's going to change. It always does. ;D
Think long term gains, people, not short term losses!
Relax, and have a [drink]
+1 it is a great opportunity, if I had money laying around I'd be throwing it at the stock markets. So many great stocks soooo cheap. BTW people, oil and the dollar usually share an inverse relationship as do all commodities. Thus oil v = dollar ^ That's why it hurt so bad when it goes the other way.... and also I hate to be that guy, but somewhere in the politics section I called sub $2 gas prices 2 monthes ago when they were at their peak. So there, I told you so. [cheeky]