Recursion
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Tue Aug-24-10 02:11 PM
Response to Reply #29 |
| 32. That was the attitude that made Bear Stearns so good for so long |
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Edited on Tue Aug-24-10 02:12 PM by Recursion
"Don't hold on to crap. If it's crap today, it will be crap tomorrow."
(Jim Cayne probably used a more salty word than "crap".) More people should think that way.
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| -DOW's going below 10,000.... |
a kennedy |
Aug-24-10 12:56 PM |
#0 |
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DJIA going up = working people being robbed |
Recursion |
Aug-24-10 01:00 PM |
#1 |
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I agree....but everywhere you turn on the tube....or the Internet....... |
marmar |
Aug-24-10 01:02 PM |
#3 |
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Exactly. DOW going up mean the rich are getting richer in the Wall Street casino. |
Speck Tater |
Aug-24-10 01:02 PM |
#5 |
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Right, even what I said is a little too rational for what's going on |
Recursion |
Aug-24-10 01:04 PM |
#8 |
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So What About Us Working People with 401ks? Don't We Count? |
we can do it |
Aug-24-10 01:04 PM |
#9 |
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401(k): fund your retirement by depressing other people's wages |
Recursion |
Aug-24-10 01:09 PM |
#14 |
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what silly horseshit |
spanone |
Aug-24-10 02:48 PM |
#36 |
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You think so? |
Recursion |
Aug-24-10 02:50 PM |
#37 |
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To be blunt, your 401(k) is the ring in your nose to keep you chained to their game. |
Greyhound |
Aug-25-10 12:34 AM |
#46 |
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Riiight. |
HiFructosePronSyrup |
Aug-24-10 01:05 PM |
#11 |
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So you assume "up = bad" implies "down = good"? |
Recursion |
Aug-24-10 01:08 PM |
#13 |
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I wouldn't use the word "assume." |
HiFructosePronSyrup |
Aug-24-10 01:41 PM |
#20 |
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Any large change that does not correspond to actual economic activity I consider bad |
Recursion |
Aug-24-10 01:43 PM |
#22 |
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It will average out around 10,500. |
louis-t |
Aug-24-10 01:01 PM |
#2 |
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ouch, that's going to hurt....should have sold a few weeks ago :( |
cbdo2007 |
Aug-24-10 01:02 PM |
#4 |
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my take....lots of day traders taking profits...nt |
Oceansaway |
Aug-24-10 01:03 PM |
#6 |
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Wall Street... OTB... |
JuniperLea |
Aug-24-10 01:04 PM |
#7 |
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A little history on the Dow |
SoCalDem |
Aug-24-10 01:05 PM |
#10 |
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The 401k contributions that used to fuel the market aren't there anymore. |
The_Casual_Observer |
Aug-24-10 01:07 PM |
#12 |
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It will be a triple whammy when the big cohort retires |
Recursion |
Aug-24-10 01:22 PM |
#15 |
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Yup. 401(k) is in much greater peril than social security. |
ieoeja |
Aug-24-10 01:54 PM |
#27 |
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Actually, most 401k contributions haven't changed. |
Common Sense Party |
Aug-24-10 01:40 PM |
#19 |
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Your investment strategy is so quaint & 90's! |
The_Casual_Observer |
Aug-24-10 01:56 PM |
#29 |
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That was the attitude that made Bear Stearns so good for so long |
Recursion |
Aug-24-10 02:11 PM |
#32 |
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My strategy works for me. |
Common Sense Party |
Aug-24-10 02:46 PM |
#34 |
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I know from just watching it that just when it looks like it's a good time, it isn't. |
The_Casual_Observer |
Aug-24-10 03:58 PM |
#38 |
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Probably true, and if I were close to retirement, I sure wouldn't be |
Common Sense Party |
Aug-24-10 04:10 PM |
#42 |
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A couple of years ago I suggested to my 63 year old clueless |
The_Casual_Observer |
Aug-24-10 04:17 PM |
#43 |
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I would have bought you a car. |
Common Sense Party |
Aug-24-10 04:23 PM |
#44 |
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I have little faith in my own ability to guess the direction... |
Silent3 |
Aug-24-10 01:58 PM |
#31 |
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Contributions are dropping and the firms that have to administer them are locked into |
Greyhound |
Aug-24-10 01:44 PM |
#23 |
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The dow has been below 10,000 a bunch of times over the past few months. |
cbdo2007 |
Aug-24-10 01:25 PM |
#16 |
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Too bad my 401k contribution doesn't go in for another week |
Common Sense Party |
Aug-24-10 01:37 PM |
#17 |
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Nikkei has dipped under 9000 again. |
bemildred |
Aug-24-10 01:39 PM |
#18 |
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I predicted 9500 in Sept. |
Greyhound |
Aug-24-10 01:42 PM |
#21 |
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Investors cashing out before the tax holiday expires next year. |
ieoeja |
Aug-24-10 01:49 PM |
#24 |
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As someone who follows this sort of thing... |
potassiumnitrate |
Aug-24-10 01:50 PM |
#25 |
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it's august. |
Hannah Bell |
Aug-24-10 01:50 PM |
#26 |
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Hence the 'Go away' part |
potassiumnitrate |
Aug-24-10 02:23 PM |
#33 |
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and market corrections are a good time to get great companies on sale. |
cbdo2007 |
Aug-24-10 01:57 PM |
#30 |
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Terrible existing home sales report |
Gman |
Aug-24-10 01:56 PM |
#28 |
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DOW's going below 10,000.... |
Common Sense Party |
Aug-24-10 02:47 PM |
#35 |
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Deleted message |
Name removed |
Aug-24-10 04:04 PM |
#39 |
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You're early - the "Dow 5000" people don't usually come in until mid-September. |
cbdo2007 |
Aug-24-10 04:06 PM |
#40 |
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Why would we trust Goldman Sachs analysts? |
Common Sense Party |
Aug-24-10 04:24 PM |
#45 |
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I'm confused. Am I supposed to be celebrating, or hiding in the basement with a can of beans? |
Warren DeMontague |
Aug-24-10 04:07 PM |
#41 |