HOly friken stock market batman!!

[Wolfrun]

the time for investing is over ...fill your pantries and buy bullets ...

Yes lead may be a better buy than gold . I would hate to be loading shells with gold. I hate to buy gold at over 900 dollars. Oil isn't doing all that great, Exxon Mobile is 72 while Apple Computer is 92. Caterpillar is 27 and all things considered is probably the one to buy, but I can't make myself do anything right now. Every time it looks like the market has found a floor, BO opens his big mouth and blows it all into a cocked hat. We would be better off if he staid home and played with the baby's mama for awhile.

 

[Jeff C]

tell your president to stop calling everything a "Crisis" and take Bills advice and start talking about the great future and how everthing is going to be great .....

...

Snow:

You have a point there.

Where is the optimism that a president is supposed to have? He is the most gloom and doom president I have ever seen, and it is taking a huge toll on the confidence of "Joe six-pack"

 

[2XM3]

Yes I agree, so far a horrible job, market hates him. Time to get off your butt and start doing things good for american companies before the dow hits zero.
Down 251 today??? Thats just crazy, time to veto the stimulus plan and start cutting taxes and all this crazy pork spending. For starters SCRAP the capital gains and all estate taxes... make all 401k's tax free withdrawl, and suspend all income tax for 1 year....and thats just a start.... You want happy people with jobs?? Get the heII out of our lives.

 

[GMCRMK]

Snow:

You have a point there.

Where is the optimism that a president is supposed to have? He is the most gloom and doom president I have ever seen, and it is taking a huge toll on the confidence of "Joe six-pack"

Yup, very dissapointed so far

 

[Snowizard]

Dow 7,114.7 today.
Every time the Obamamessiah opens his yap the Dow drops another 200 points.
"Change" is about all any of us will have left.

 

[2XM3]

Yup, the best thing he could do right now is keep his big mouth shut.

 

[mtn_extreme]

Going to increase the national deficit .......BUT...... then going to cut it in "HALF" in the next 4 years for our kids

Anyone wanna bet??

 

[2XM3]

What has he been smoking in the Lincoln bedroom ???????

 

[Ollie]

The thing I find truly depressing is this.
When Obama was elected the dow went up a couple hundred points.
Then he opened his mouth and let Palosi/Reid go behind closed doors to draft pork-zilla. Since then the Dow has taken a nose dive.
The truly depressing part is, the press is still allowing the dems to toss chit and tell ya it's roses.

I know we only have a few more months before the press turns on the dems, but I am not sure I can take this chit much longer.

 

[Ultra]

Over the years I have learned to trust my gut feeling. It said to convert all my stocks to cash a year ago which I did . I figured I would get back in when it hit 6???, yes I was expecting it. What I now believe is we have a reasonable chance to see a 4??? dow.I also believe the recovery will be a long slow recovery which will be obvious to even laymen investors, shouldn't be hard to recognize when it's time to get back in. I think the 14??? dow days are over for a very long time. I think we will see housing at 60%-70% of peak prices before year end. All the experts say growth in 2010, I think that is an optimistic guess at best because it is simply to far out. My .02

 

[Ollie]

I don't know.
I think when the economy starts to recover it will be inspite of the leaders in washington, NOT because of them.

The sad part is this is only stage one of their plan.
Wait till they tell you they have to grant amnesty to illigals in order to help us recover.

 

[dooadew]

[/QUOTE]
Wait till they tell you they have to grant amnesty to illigals in order to help us recover.[/QUOTE]

i told the wife the same thing last week

 

[Ollie]

ok, I would like to revise my previous prediction.
I had said it would start back up at 6500.
I now have no idea.
With the spending spree the libs are on it could hit 5k before it stops.

 

[opus]

ok, I would like to revise my previous prediction.
I had said it would start back up at 6500.
I now have no idea.
With the spending spree the libs are on it could hit 5k before it stops.

But are you brave enough to buy in then??

 

[swampwater]

I love the time frame of the collapse, In September Macain/Palin had actually taken a slight lead in the polls, Macain tried to suspend his campaign and postpone the debate to rush back to DC to help push through the first bailout, Obama said no they can call us if they need us. From that moment on the market knew the massiah would be the victor and the market began to fall and has not stopped since. Why would that be since Wall street was Obama's second highest donator. Swampy

 

[spring snow hero]

when I look at the life of the dow, I see it took a looooooooooong time to gain 1000pts. all growth was slow and predictable.....till the end of the gold standard.....and then the chaos begins. goods prices and value of said goods needs to collide again. a car is not worth 50g's a sled is not worth 12g's.

I am betting it will lock in at 4500-5500 and grow ever so slowly from there. glad we pulled the plug when obama was nominated.

 

[milehighassassin]

Selling everything now is the worst thing you could do. You might be losing your *** but you still own the stock. The stock is just worth less. When it goes back up your shares will be worth more. Hard to do, but in all honesty now is the time to buy.

Buy low... sell high...

 

[Meatman]

i have to disagree with you MHA....stock will continue to drop and when it does hit its low it will stay there for quite awhile...im willing to bet you will know when it is time to jump back into the stock market...as of now I'm earning a cool 3% which is not good but is a lot better than most