Its all Interpretation
Its common knowledge about the woes of the today’s market. I have seen my 401K deteriorate by close to -50%. I frequent the Economist and found the following useful graph. Lets hope that history somewhat repeats itself and markets heal sooner than later…
This is really a funny one, Jim Kramer, host of Mad Money, broke it down over the FED reaction to the subprime crisis.
When buying or selling securities, an order needs to be placed facilitate process. There are 4 ways this can be accomplished.
Good-Till: 3 types, good-till-(time,date,cancelled), means the order is valid until you either cancel or the time frame expires.
Limit: You place specify how much you are willing to sell or buy, remains in effect until period of time expires.
Market: Once your request hits the market, buy or sell at the current best price.
Stop: Only execute a buy or sell once the security surpasses a particular price point.