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Thread: Set your alarms

  1. #1
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    Set your alarms

    Opening bell is going to be interesting on Wall Street tomorrow morning. Good luck on your investments everyone.



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    Re: Set you alarms

    I've already lost 10% of my 401K since January 1, 2008.



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    Re: Set you alarms

    Quote Originally Posted by singsing View Post
    Opening bell is going to be interesting on Wall Street tomorrow morning. Good luck on your investments everyone.
    yeah, it's gonna suck.



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    Re: Set you alarms

    CyBookie event anyone? I'll bet the Dow will drop more than the 5% average of the other markets.



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    Re: Set you alarms

    I was going to go with 5% drop. Probably bigger early than a little rebound in the afternoon.

    Is this the dreaded "readjustment" they've been talking about for the last year or more?



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    Re: Set you alarms

    Yea, maybe you're right. The bottom will fall out early, but the bear buyers will come in later.



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    Re: Set you alarms

    Quote Originally Posted by herbicide View Post
    Yea, maybe you're right. The bottom will fall out early, but the bear buyers will come in later.
    If I had the cash on hand I'd be licking my chops...



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    Re: Set you alarms

    Me too. I did pretty well in 2001 with that strategy. Now all my money is tied up in mortgage and boat debt.



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    Re: Set you alarms

    Quote Originally Posted by herbicide View Post
    I've already lost 10% of my 401K since January 1, 2008.
    And I was dissapointed with mine, it is only down about 2.5%.


    Step 1: Cut a hole in the box.

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    Re: Set you alarms

    Quote Originally Posted by cloneu View Post
    And I was dissapointed with mine, it is only down about 2.5%.
    Ours is through principal. Its easy to lose and hard to gain. Anything over 8% is spectacular by their accounts.



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    Re: Set you alarms

    Quote Originally Posted by clones_jer View Post
    If I had the cash on hand I'd be licking my chops...
    You must not be a foreign investor.



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    Re: Set you alarms

    Uh oh. Now I am looking even less forward to tomorrow.



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    Exclamation Re: Set you alarms

    I tried to warm you all of this back in October. I was told (not by you but others on this site) that I was a silly billy, dollar cost avg all the way, in it for the long term, yada yada..........

    Get out now and stay out until Nov/Dec of 2008.


    King James

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    Re: Set you alarms

    Makes you feel real good when social security is going down the crapper and your 401k is following suite right now too huh? Just pray one of your kids is a good athlete and at least makes the pros on some level to help take care of mom and dad right?


    Go Cubs Go!

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    Re: Set you alarms

    I recently moved to Alaska and think I'm going to spend my weekends panning gold.



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