Originally Posted By vbdad55 it's a house of cards -- in Japan, what % of their exports are to the US ? Now realizing most American's are broke- or at the very least have no discretionary income to spend - well...
Originally Posted By alexbook The Dow's up today. Where are all the posts about it? (Actually, I'm a doom-and-gloomer myself, but I thought the opposition deserved a nod.)
Originally Posted By Sport Goofy << The Dow's up today. Where are all the posts about it? >> Again, if we're following history (think 1929), Wednesday should be an up day for the Dow. Then it would be followed by Black Thursday. So far, we're doing a pretty good job of recreating some of the trends. The magnitude isn't as great, but the stock market has already fallen a lot this year.
Originally Posted By vbdad55 wellit's been down most of the day and a quick check will show i still down -65 right now, including the impact from the emergency rate cut
Originally Posted By vbdad55 I was on IWON and the quotes were delayed 15mins yes I see +77.73 @2:54--ooo ooo let me buy now ! :-(
Originally Posted By fkurucz The global interest rate cut spiked the market today. Tomorrow that will be history.
Originally Posted By RoadTrip <<The global interest rate cut spiked the market today. Tomorrow that will be history.>> Just a glass half empty kind of guy, aren't you??
Originally Posted By fkurucz <<Just a glass half empty kind of guy, aren't you??>> Its why we had the bounce today. What will they do tomorrow? Mail every household some free money? They already tried that and it didn't work.
Originally Posted By vbdad55 I'll take some more though while they're passing it out -- I want them to buy my debts - that would be better yet, then I can go to a luxury spa next week to discuss it with my neighbors
Originally Posted By Kar2oonMan I'm not asking for a bailout. Bailouts are bad. Bailouts are so last week. I'm asking for a rescue. (See you at the spa, vbdad!)
Originally Posted By RoadTrip I'm buying. I'm putting the same $800 per month into my mutuals that I always have. I figure I'm getting it at fire sale prices. In a year or two when all this is over it should do quite nicely for me. Though I must admit that I'm happy most of my existing mutual savings were moved into real estate and ING savings last July. I got my money out before the fall, and now I'm buying cheap. A lot of millionaires were made during the depression you know. Those smart enough to buy the proper companies when they were cheap did darned well. Life is good.
Originally Posted By mawnck >> Life is good. << Your positive attitude really gets on my nerves. >:-(
Originally Posted By RoadTrip Oh well... It will really leave you po'ed when I post links detailing how optimists live longer.
Originally Posted By mawnck >>It will really leave you po'ed when I post links detailing how optimists live longer.<< In fact it'll probably kill me.
Originally Posted By fkurucz <<I got my money out before the fall, and now I'm buying cheap.>> A good strategy, but you might want to wait for the knife to hit the ground before picking it up. Especially if its one of those super sharp ceramic knives. Those babies can cut!
