# Dow Plundges again today, more problems

**URL:** https://forums.speedlife.net/t/dow-plundges-again-today-more-problems/200006
**Category:** PittSpeed Off Topic
**Created:** [October 6, 2008, 9:17am UTC](https://forums.speedlife.net/t/dow-plundges-again-today-more-problems/200006 "2008-10-06T09:17:59Z")
**Posts on this page:** 1
**Showing post:** 34

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### Author: ![JackdUp](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jackdup/32/6015_2.png) [@JackdUp](https://forums.speedlife.net/u/JackdUp)
#### Post date: [October 12, 2008, 5:00am UTC](https://forums.speedlife.net/t/dow-plundges-again-today-more-problems/200006/34 "2008-10-12T05:00:59Z")

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If you try to diffuse a bomb after it’s gone off, you waste precious energy.

> The fact is people are scared and the only thing they’re doing is selling.

I’m not selling or scared. What happens will happen. I got plenty of time to recover from this if the end is not nigh.

And, if the end is nigh and people start getting all apocolyptic and shit…I’ve got the skills and hardware to get to a safe place where I can live, feed my family and what not.

> [@Election Day](https://forums.speedlife.net/t/election-day/38270/45):
>
> FYI - I just successfully got a loan on Friday… no questions and no problems.
> 
> I say hold people accountable for defaulting on loans… fuck people that don’t have any personal responsibility.

Which tells me that panicking is the wrong thing to do now and it’s not quite apocolypse yet.

Also, if everyone was selling the market would be 100% illiquid.

Anyone care to guess who’s buying? Probably the Oracle of Omaha snagging up severely undervalued companies at cut-throat cheap prices now.

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