Thread: Debunking The "End Of Days." (2012)

Originally Posted by Minervas Phoenix

What doesn't it say? When 2012 brings to mind the stock market you're not exactly getting the purpose of it. I don't want to have to explain myself the point is to reflect on what kind of person you are. The subject of 2012 to any conscientious person holds more significance that a possible profit on the stock market. The truth is the stock market will probably be the least important thing by then if it hasn't completely unraveled and burst it it's fragile fraudulent bubble.

Looking back on it...I don't think 2012 will have much effect on the stock market at all. I wouldn't think most people who "play the stock market" are the types to believe in such things.

Originally Posted by Jeff777

Looking back on it...I don't think 2012 will have much effect on the stock market at all. I wouldn't think most people who "play the stock market" are the types to believe in such things.

Naive impressionable people sink money into the stock market every day. They are the people who are cold-called by stock broker companies and bamboozled into 'getting in on this hot stock'. Then there are people like my mother, who think they know what they are doing, and they tell you about their good trades, but they forget to mention they are about 20,000 dollars DOWN since they started trading a year earlier. Thankfully I'm from a well off family that won't miss that amount of money, because it IS a problem for her, but she doesn't see it. These people are common.

But that isn't my point. My point is that there are plenty of people out there that will eat this tripe hand over fist, and have more money than sense. I'm not saying the market will crash, but I'm fairly confident that there will be a noticeable downturn due to the impressionability of the general public. At the very least, it can't hurt to be prepared.

I will be holding an 'End of the World' party on Dec 21st 2012, and I'll happily post the pictures here on Dec 22nd. Like the other countless predictions that came before it, nothing is going to happen.

Originally Posted by Alextanium

I will be holding an 'End of the World' party on Dec 21st 2012, and I'll happily post the pictures here on Dec 22nd.

I had that idea too... Lemme check what day dec 21 2012 is on...

Ok... Friday 21. of december 2012 is now officially a party-day.

Originally Posted by Alextanium

Naive impressionable people sink money into the stock market every day. They are the people who are cold-called by stock broker companies and bamboozled into 'getting in on this hot stock'. Then there are people like my mother, who think they know what they are doing, and they tell you about their good trades, but they forget to mention they are about 20,000 dollars DOWN since they started trading a year earlier. Thankfully I'm from a well off family that won't miss that amount of money, because it IS a problem for her, but she doesn't see it. These people are common.

But that isn't my point. My point is that there are plenty of people out there that will eat this tripe hand over fist, and have more money than sense. I'm not saying the market will crash, but I'm fairly confident that there will be a noticeable downturn due to the impressionability of the general public. At the very least, it can't hurt to be prepared.

I will be holding an 'End of the World' party on Dec 21st 2012, and I'll happily post the pictures here on Dec 22nd. Like the other countless predictions that came before it, nothing is going to happen.

I'm sorry to hear that about your mother. What saddens me even more is that her case is unoriginal. However, I don't think people who play the stock market should be painted in such a bad light. It is NOT like going to Las Vegas. Of course some treat it as such and that's where they get screwed, probably like your mother. I on the other hand do not play the stock market (yet)...but Warren Buffet and countless others do and they stress the importance of intrinsic value, and buying not to buy fast and sell but holding onto stock because of its intrinsic value. I'd like to think Warren Buffet is correct...after all...he owns many shares in Coca Cola and as of 2008 was declared by Forbes magazine as the richest man in the world with Bill Gates trailing in 3rd place. My point is this...if you don't take the time to invest in your education, and learn/take advice from people who are at the position that you're wanting to be at...you shouldn't risk the venture.