S&P will be under 700 within days

Discussion in 'Trading' started by B. Rowshan, Nov 19, 2008.

S&P will be under 700 within a few days?

  1. Incredibly, Yes it will

    68 vote(s)
    44.7%
  2. No it won't

    83 vote(s)
    54.6%
  1. MAESTRO

    MAESTRO

    Hey Thunder:

    As I can see you are still visiting this sand box where kids are playing with their imaginary friends. Funny, isn't it?
     
    #71     Nov 21, 2008
  2. l2tradr

    l2tradr

    If by 300M you mean thousands, no. If by 300M you mean millions (MM) then maybe.
     
    #72     Nov 21, 2008
  3. Umm, $300M means three hundred million.

    Where is it taught that M = thousands ??:confused:

    K = thousands
     
    #73     Nov 21, 2008
  4. My shit stinks, oh boy does it stink. I'm reminded of that every time my spouse enters the bathroom after I use it.
     
    #74     Nov 21, 2008
  5. Lucrum

    Lucrum

    no
     
    #75     Nov 21, 2008
  6. I have worked for 4 banks during my banking career. All of them referred to thousands as M in abbreviated form and millions as MM. Go figure.
     
    #76     Nov 21, 2008
  7. Thank you for your invaluable contribution to the thread.

    I never worked for a bank, so I say 300 million as $300M. Go figure.
     
    #77     Nov 21, 2008
  8. jprad

    jprad

    It's because banks use roman numeral designations.

    English measure uses K for 1,000 and M for 1,000,000.
     
    #78     Nov 21, 2008
  9. No need to get snippy again. I was merely offering a bit of insight after your snippy response to the fellow who used M and MM in his post. Your use of K amd M makes sense, but that is not how banks refer to those numbers in their internal reports, at least not where I worked. So you're both right, depending on your perspective.
     
    #79     Nov 21, 2008
  10. Again? Did I miss something?

    I have no need to ever get snippy w anyone who keeps marketmoronsurfer in his place. Good work!
     
    #80     Nov 21, 2008