Dow 9,794.21 -531.17
Just thought I’d throw in the current dow change thus far today
-566.85 (-5.48%)
edit: lol. damn
-626.43 -6.07%
Eek. Dow 9,577.41 -747.97 (-7.24%)
Woo! 1000 point rally tomorrow morning! Everyone ready to get rich?!
I wonder how low it would have gotten if the bailout didn’t pass.
It’d be up?
:word:
If the bailout failed the Dow would’ve been closer to 8500 which is around what most OG analysts say it should be, based on the overall market and without all of the adrenaline injections by the gov’t.
But I guess being OG doesn’t mean anything since the only way that you’ll stay alive in such a field is by being right more then being wrong.
meh
I’m still more then a bit leary of jumping back in tomorrow. But, looking back to when it last dropped marking the single largest drop, it was followed the next day by the single largest point gain. Would I rather sit out and potentially not make money, or would I rather jump in and potentially loose money, or should I just know what I have and not do anything:thankyou::thankyou:
even if you jump in now and lose a few, the market will eventually turn. Can you afford to lose the money for a period of time or even indefinitely? If no then you should look to safer investments
At this point it would seem that you have to be willing to kiss it goodbye indefinitely. :ohnoes:
IF YOU CAN’T AFFORD TO PUSH YOUR CAR OFF OF A CLIFF AND WALK AWAY THEN DON’T MOD / RACE IT.
Well no $hit, thats like saying we are eventually all going to be plant food. Could I put in money and afford to loose it, yes. Would I rather not loose my money or better yet, make money with it? I think the answer to this is pretty self explanitory.
That is the $700 billion dollar question that will never be answered.
Which is precisely why it got jammed through so fast.
Haha thats actually pretty good advice.
Bitch we haven’t spent a dime yet
I didn’t say we did but it is commited which is the same thing.
Or can we just say, “Oh, sorry, we aren’t going to give you that money even though we passed it and it was signed by the Pres.”
If so then what was the point of the big show they put on last week?
What will it take for you to admit this bail out was wrong?
Seriously, what?
Plan for the rest of the week:
Tues:
Long untill bad new hit the markets…and bank issue etc. Japan is turning right now.
Wed:
Long impending rate decision will have some speculators gaming a .75 Bp cut.
Thur:
Long until 2 hour before rate decision. Rate decision comes out words are parsed. Market reacts like a spoiled brat sell off starts
Fri:
Further selling continues more doom and gloom…
KK
Pre-market shows up up up today. I say +322.19
We’re Americans… buy buy buy!
I say up 299.99