I'm off 32% on my 401k. tomorrow morning it will be 35-37%.
http://news.yahoo.com/s/ap/20081009/ap_on_bi_st_ma_re/wall_street
http://news.yahoo.com/s/ap/20081009/ap_on_bi_st_ma_re/wall_street
Wow, Wow, Wow
- Thread starter justadude
- Start date
Yea, I'm not even going to look at mine. 678 points lost today. Dow at 8600 Let's see how much it loses tomorrow!
Poof gone!
Thank the democrats and their "affordable" housing initiative.
Its not the dems fault.....
Its GW Bush's fualt..........
NOT!!!
Can you say ACORN(OBAMA)
Its GW Bush's fualt..........
NOT!!!
Can you say ACORN(OBAMA)
PLEASE- thank the Republicans for bailing out the multi BILLION dollar companies!!!
I don't really think any of this had anything to do with politics, it came down to greedy bank investors which should be jumping off buildings right now.....not spending $400G's and a friggin resort.
I don't really think any of this had anything to do with politics, it came down to greedy bank investors which should be jumping off buildings right now.....not spending $400G's and a friggin resort.
Amen to that. I'd like to pull up a chair with cold one and watch that. SPLATTTT!!!!!!!!!!
D
Diesel99
Member
I have been in the markets for 20+ years and this market is absolutely freaking scary. Charting and program trading is being thrown out the window here.
I have a sell order in on my SDS ultrashort at $115 (paid $52) because I truly thought that 900 is pretty much bottom for the SP500, my gut tells me it still has along way to go with the overall market.
Don't buy into this market until there is "blood in the street" all these idiots for the last 8 months saying this is a great time to buy and the bottom is in, FOOLS!!!
I have a sell order in on my SDS ultrashort at $115 (paid $52) because I truly thought that 900 is pretty much bottom for the SP500, my gut tells me it still has along way to go with the overall market.
Don't buy into this market until there is "blood in the street" all these idiots for the last 8 months saying this is a great time to buy and the bottom is in, FOOLS!!!
You are correct sir. Also, greed comes in Red or Blue.
I literally laugh my butt off when I here people talking about Obama being a Socialist and how that scares them. What is happening right now with the huge bailout and such is the definition of socialism.
And I too, just wish we would see the bottom of this, then buy buy buy! That's how Gates (not Bill) got their money right? Buying after the great depression?
hope it bottoms soon.. the waiting game is a killer, just let if happen so it can start comming back..
D
Diesel99
Member
REALITY CHECK, INVESTMENT ALTERNATIVE: If you had purchased $1000 of Delta Airlines stock one year ago, you would have $49 today. If you had purchased $1000 of AIG stock one year ago, you would have $33 today. If you had purchased $1000 of Lehman Brothers stock one year ago, you will have $0 today. However, if you had purchased $1000 worth of beer one year ago, drank all the beer, then turned in the aluminum cans for recycling, you would have received $214 today at redemptions. Based on the above, the best current investment plan is to drink heavily & recycle. It is called the 401-KEG Plan.
A
Abominable
Well-known member
My 401k is now a 200½k
I think there is one reason this happened. You can thank the Clinton era for starting this overvalued housing market roughly ten years ago.
I just love the blame game!!!
STFU!!!!!
Blaming doesn't change a GDT!!!! F F F F F F F F F F F
STFU!!!!!
Blaming doesn't change a GDT!!!!
F F F F F F F F F F F 
