October 31, 2008

The Stock Market Or Lack Of

A few days ago my mom and i were having coffee with a family friend. In the middle of our very pleasant conversation his fone started going crazy. Beeping, ringing. He got up. Came back his face like a ghost. Devoid of any color.
My mom and i looked at him quizzically wanting to know whats going on but too polite to just ask.

He took a deep breath, hung his head low and said I lost 600 thousand kd in the stock market.
I felt sorry for him. Every time i sit with anyone all they ever talk about is the bor9a. Stocks going down down down. People losing money left and right.

In between our empty non consoling words of consolation ... ma3alaih, allah y3awthik inshallah. The man had tears in his eyes. It was awkward. Then he looks at us and says I lost 600 thousand TODAY. I don't even want to think about the total amount of money i lost in the past two months. Last week it was 200 thousand. I don't want to count! I don't!

So don't i told him calmly. He was getting really agitated.

My god, seriously people. Its sad.

Then he started talking about conspiracy theories. Cause EVERYTHING has to be a conspiracy theory.

The bor9a turned into a hospital with all the people passing out everyday.

All i have to say is inshallah better days are ahead, oo allah y3aweth el kel khair.
Elfloos fedwa etye wetroo7. Ma teswa a7ad yz3al 3alaiha.

And let that be a lesson to everyone.
elni3ma zawalah.
posted by eshda3wa at 12:00 AM


It is such an annoying thing



Allah esa2ed el me7taj

October 31, 2008 at 12:07 AM  

My sympathy to the man and to the people who have lost thier wealth.

But isn't it a gambling? I mean what goes up must come down right?

October 31, 2008 at 12:08 AM  

la 7awl lillaah...

allah e3awtha oo e3aweth illy mithla inshalla

October 31, 2008 at 12:15 AM  

wa3alaya ...Allah y3awtha enshAllah

3ala goltich, elni3ma zawala w el7emdillah 3ala kel 7aal

October 31, 2008 at 12:18 AM  

LOOOOOL at the comic I wana play the stock market game :P

well the stock in kuwait, I played there for a while and enjoyed it. Its not that hard you just need to play it safe. Which, you can do it ^^

Inshallah he gets back what he lost ^^

October 31, 2008 at 12:18 AM  

Conspiracy you say, well, you came back from the States and the Stock went down, so...? ;p

October 31, 2008 at 12:38 AM  

my uncle lost 500 thousand in one day too =(

October 31, 2008 at 12:53 AM  

allah e3eenah inshallah

October 31, 2008 at 1:12 AM  

a7is we're gonna have the great depression all over again.
allah yestr!

October 31, 2008 at 2:06 AM  

allah e3awtha inshalla wa mithil ma giltay ilfloos etro7 wa teyey aham shay il9i7a wa il3afya..

sheda wa itzool inshalla ;/

October 31, 2008 at 2:42 AM  

ee walla inni3ma zawwala oo the bor9a is going to ge worse, it might go as low as 7000 points and its now on only 9000 oo ksoor.. god help them.

October 31, 2008 at 2:43 AM  

birmothan a guy walk into my cousins diwaniya oo kan imba7thal akher bahthala dirty beard, qitra no i3gal, i thought 6arar. So asked iflan mawgood and his brother was sitting chan igoola la walla 6ali3 tifathal ... chan igool itha yaa tell him iflan sa2al 3anik ... so his brother was inshalla .... awal ma6al3 my other cousin that works bil bor9a said shabab ma3arftooh so where like la'a mino hatha chan igool iflan il filani ... CHAN LATNA KAF faa one of the guys was aaah what wrong with him wean il sakba oo il 9igar wean il ROLLS ROYCE ??? so my cousin had a pity smile and said 10 days agoo 3inda 850 alf dinar ... ams 3a6oo3 chaik ib 450 kd bs hatha ile boga ....

October 31, 2008 at 7:13 AM  

LOL, its gonna come back.. in december. tell him i said that.

October 31, 2008 at 9:04 AM  

ma7ad 5esar kether Lehman Bros! ib youm o laila chic-boom they vanished from history!

October 31, 2008 at 12:03 PM  

I hate the Stock market.. Ma3ana its 7alal and stuff, a7is its le3eb bel floos in a way :S.. People yge6oon alaaaf o malayeen, way to confident to consider losing all that they have..

Madre.. Its sad ;/

October 31, 2008 at 1:13 PM  

It's sad really. It's the same here in my country. My mom (who's worked in banking) says never to totally trust the stock markets.

October 31, 2008 at 1:30 PM  

la 7awla wallah qowata ila bila!! allah ifta7 3alahom!!

October 31, 2008 at 2:11 PM  

OUCH!! ,, i thought that was only here in Oman where the stock market is going down.. :(
allah ye3awa'9hum kul 5air inshallah..

October 31, 2008 at 4:30 PM  

thats just the thing.. people assume they're making an investment no matter what they put their money into and don't realize that its a 50 50 chance.. you could win you could lose.. allah ydom alne3ma 3alina inshallah..

October 31, 2008 at 5:58 PM  

I hope this recession won't last long!

October 31, 2008 at 6:48 PM  

Hope this will be a good lesson to all of us.

Thank you for sharing the story with us.

October 31, 2008 at 8:55 PM  

well said.

November 1, 2008 at 2:48 PM  

:( allah i3aweth inshala

November 1, 2008 at 3:23 PM  

OMG! The poor guy! My mom told me that the stock market is going down, but I didn't know it was that bad! I heard Gulf Bank pulled its self out of the market.

November 1, 2008 at 6:45 PM  

You're right!!

It's not worth it!! An old friend of dad went into adeep coma because of it!!

There was this story of a guy who commited a suicide because of it as well!! Another lost his wife, house, job and kids!!

It's MONEY, this earthly devilish creature God damn it!!

November 1, 2008 at 7:21 PM  

alla i3awith 3alih inshalla

November 1, 2008 at 8:28 PM  

Its very sad, but this is what everyone is facing. The best thing is to exit when things are going good, even if it gets better you are better off having real income then just stock income.

Alah esa3id el kil!

November 2, 2008 at 10:30 AM  

Ittijara...rib7 o khasara!

O Allah Kareem.

November 2, 2008 at 11:25 AM  

that's bad
i dont like to tell this,but yes you cant be any slightly optimistic in the current time ... it might get worse....for your relative , i guess he would be able to get some recoveries in the coming few days...but not for long...coze it is so likely we would go into a recession peroid just like the one the world had in 1928 ..the history is repeating carfull

November 3, 2008 at 5:07 AM  

alla ysma3 minch ya rab o ey3weth il kil khair inshalaaa...

November 3, 2008 at 7:06 PM  

allah e3awith 3alaihum..

oo 3ala goaltich.. il ni3ma zawallah..

November 5, 2008 at 7:04 PM  

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