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  #81  
Old 10-10-2008, 03:05 PM
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dalakhani dalakhani is offline
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Originally Posted by philcski
I have heard that if I stick pencils in my eyes I may go blind. Anybody have evidence of this?
LOL
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  #82  
Old 10-10-2008, 04:01 PM
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Originally Posted by MaTH716
I believe that companies start to announce earnings (or lack there of) next week. Hopefully there will be some positve numbers released. And people will start to buy back good names/companies. But untill then we will continue to drift lower.
backing companies is one thing, getting people to give up the death grip on cash and credit is another.
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  #83  
Old 10-10-2008, 04:06 PM
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someone said something about the dow at 7k--i think it'll go that low as well, half of it's record high of last year. remember when nasdaq went over 4k? it's around 1600 right now.
it's going to get worse, the bottom has not yet been reached. and once it starts to turn around, it'll be baby steps along with two steps forward, one step back. i'd imagine the jump was over news on LIBOR, but it wasn't enough to end on a high note with a three day wknd.
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  #84  
Old 10-10-2008, 06:53 PM
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Originally Posted by dalakhani
okay, the market just rallied about 800 points in a half hour.
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Originally Posted by dalakhani
Okay, in the last five minutes it just dropped over 300 points.
These hedge funds are just bailing for their investors.
This is crazy. I understand people need their cash but
this is just crazy.

Why in God's name is Coke and Johnson-Johnson dropping also.
What the heck has gone wrong with these companies...
Nothing. Their dividends alone are still good.

People will stop buying Coke... Crazy.
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  #85  
Old 10-10-2008, 07:04 PM
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it's not just hedge funds, but mutuals as well. my husband look at our 401k the other day. i told him not to, but he didn't listen...
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  #86  
Old 10-10-2008, 07:34 PM
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Originally Posted by pgardn
These hedge funds are just bailing for their investors.
This is crazy. I understand people need their cash but
this is just crazy.

Why in God's name is Coke and Johnson-Johnson dropping also.
What the heck has gone wrong with these companies...
Nothing. Their dividends alone are still good.

People will stop buying Coke... Crazy.
It is what they call a sell program. Theses firms/funds put in a program and sell all 30 Dow Stocks. They have Buy programs too, but not too much these days.
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  #87  
Old 10-11-2008, 08:47 AM
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My advice is if you are sitting on cash right now, good...well done. I would make a list of stocks you always wanted to own but thought it was too expensive to buy, when the market fundamentals return to normal, this will be one of the best buying opportunities we have seen in quite awhile.
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  #88  
Old 10-11-2008, 08:51 AM
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Oh shove it..who asked you?
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  #89  
Old 10-11-2008, 08:55 AM
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Originally Posted by CSC
My advice is if you are sitting on cash right now, good...well done. I would make a list of stocks you always wanted to own but thought it was too expensive to buy, when the market fundamentals return to normal, this will be one of the best buying opportunities we have seen in quite awhile.
UTX
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  #90  
Old 10-11-2008, 09:01 AM
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I was wondering what civil emergency was holding back Gods gift to the radio.
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  #91  
Old 10-11-2008, 09:01 AM
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Originally Posted by Danzig
it's not just hedge funds, but mutuals as well. my husband look at our 401k the other day. i told him not to, but he didn't listen...
4 months ago you had the chance to move it , but because you're in it for the long run you left it alone.

It really doesn't matter where the market is until you cash out cash.
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  #92  
Old 10-11-2008, 09:03 AM
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Originally Posted by Mortimer
I was wondering what civil emergency was holding back Gods gift to the radio.
You call it wondering and we call it TRIP IN
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  #93  
Old 10-11-2008, 09:04 AM
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Originally Posted by 2Hot4TV
4 months ago you had the chance to move it , but because you're in it for the long run you left it alone.

It really doesn't matter where the market is until you cash out cash.
Warren Buffet?..is this you?
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  #94  
Old 10-11-2008, 09:09 AM
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Originally Posted by GPK
Im no financial expert either..but this is what I was thinking too. Since I'm 35, it will be a while before I retire. For the first 8 months of this year, I was dumping 20% into my 401K. I dropped it back to 10% in August...but now I'm thinking of jacking it up back up to 20 maybe even 25%.
Buy low and sell high. I'm 55 and only plan on working 5 more years and I will jump back in with half of my total savings on afew selected stocks.

No gut, no glory.
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  #95  
Old 10-11-2008, 09:10 AM
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Warren Buffet?..is this you?
No, but they do call me Lucky.
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  #96  
Old 10-11-2008, 09:13 AM
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Originally Posted by Mortimer
Oh shove it..who asked you?
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  #97  
Old 10-11-2008, 09:13 AM
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I'd hate to see Mr. Unlucky.
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  #98  
Old 10-11-2008, 09:15 AM
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You better be a girl or you are in big trouble.
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  #99  
Old 10-11-2008, 09:27 AM
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Originally Posted by 2Hot4TV
UTX
United Technolgies...

AXP is another that is undervalued.
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  #100  
Old 10-11-2008, 09:28 AM
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You better be a girl or you are in big trouble.
I'm in trouble.
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