mywickedshelby Posted November 19, 2008 Report Share Posted November 19, 2008 well people, we just hit a five year low. Good grief Charlie Brown! Link to comment Share on other sites More sharing options...
kevhead20 Posted November 19, 2008 Report Share Posted November 19, 2008 Link to comment Share on other sites More sharing options...
SpeedRacer Posted November 19, 2008 Report Share Posted November 19, 2008 Well, there goes my retirement.... Have to work an extra 10 years.... Damn should have been Union! Link to comment Share on other sites More sharing options...
GT500KR Posted November 19, 2008 Report Share Posted November 19, 2008 Hold on! Link to comment Share on other sites More sharing options...
ejrail Posted November 19, 2008 Report Share Posted November 19, 2008 My 401K has never looked worse. I wanted to sell off in early October but I let my broker talk me out of it At this point, we're not quite in the retirement age yet so we just have to hang on and watch the tailspin continue Link to comment Share on other sites More sharing options...
GT500KR Posted November 19, 2008 Report Share Posted November 19, 2008 My 401K has never looked worse. I wanted to sell off in early October but I let my broker talk me out of it At this point, we're not quite in the retirement age yet so we just have to hang on and watch the tailspin continue broker are going nuts.......... Use your own judgement. Theirs is just an educated guess and lalely that's not good enough. Transfer everthing into stable funds, even that rocky but best bet to survive this topsy turvy crap Link to comment Share on other sites More sharing options...
rpretzel Posted November 19, 2008 Report Share Posted November 19, 2008 Stocks are cheap. Buy! Buy! Buy! Link to comment Share on other sites More sharing options...
sharabi Posted November 19, 2008 Report Share Posted November 19, 2008 broker are going nuts.......... Use your own judgement. Theirs is just an educated guess and lalely that's not good enough. Transfer everthing into stable funds, even that rocky but best bet to survive this topsy turvy crap BUY LAND.............THE DO NOT MAKE MORE OF IT. Link to comment Share on other sites More sharing options...
kstrong Posted November 19, 2008 Report Share Posted November 19, 2008 Gas is down to .78 a litre. That's $2.96 CN a US gallon, or $2.36 US a US gallon. :happy feet: Just a few months ago it was $5.17 Cn a Gallon, or $4.12 a US gallon. The Market will rebound, it always does. Buy low, Sell high. I personally invested heavily in popcorn futures when I first joined "StangsUnleashed". Link to comment Share on other sites More sharing options...
ilmor Posted November 19, 2008 Report Share Posted November 19, 2008 Ouch!! That hurt today. Thankfully, at this time its and "unrealized loss". Link to comment Share on other sites More sharing options...
kevhead20 Posted November 19, 2008 Report Share Posted November 19, 2008 Stocks are cheap. Buy! Buy! Buy! It's a great time to buy and my wife and I are young enough to take on any short term hits. IMO, there are a ton of companies that are undervalued. Link to comment Share on other sites More sharing options...
sharabi Posted November 20, 2008 Report Share Posted November 20, 2008 I personally invested heavily in popcorn futures when I first joined "StangsUnleashed". How much a share ? Link to comment Share on other sites More sharing options...
stormeaston Posted November 20, 2008 Report Share Posted November 20, 2008 Link to comment Share on other sites More sharing options...
mywickedshelby Posted November 20, 2008 Author Report Share Posted November 20, 2008 OK, today it hit an 11 tear low. Link to comment Share on other sites More sharing options...
srk1959 Posted November 20, 2008 Report Share Posted November 20, 2008 Probably not done yet, next month there will be selling for tax write offs. I don't expect to see anything remotely good until next year.....maybe??? Link to comment Share on other sites More sharing options...
GT500KR Posted November 20, 2008 Report Share Posted November 20, 2008 Usually this time of season helps a slow market..........Not this time, it only gets deeper I would say for the rest of this Decade.Thighten your belts guys Link to comment Share on other sites More sharing options...
stump_breaker Posted November 20, 2008 Report Share Posted November 20, 2008 I had a broker friend tell my wife to buy NCC..... .....the day before it was devalued. Now I'm down by 1/2. I though CSBI was stable but I see even they have dropped more today. Link to comment Share on other sites More sharing options...
srk1959 Posted November 20, 2008 Report Share Posted November 20, 2008 I had a broker friend tell my wife to buy NCC..... .....the day before it was devalued. Now I'm down by 1/2. I though CSBI was stable but I see even they have dropped more today. You are not alone. I just bought a little of this and that starting Oct 10th. Nothing much since its way to spooky right now unless you are shorting. I am down approx 64% and that is on fortune 500 companies that were already in the tank in October! Sheesh I feel sorry for anyone that was in anything long before this Link to comment Share on other sites More sharing options...
sharabi Posted November 21, 2008 Report Share Posted November 21, 2008 http://biz.yahoo.com/ap/081120/wall_street.html Link to comment Share on other sites More sharing options...
srk1959 Posted November 21, 2008 Report Share Posted November 21, 2008 The worry I have is a lot of big companies are approaching the $1.00 threshold and if they don't recover soon enough we are looking at reverse splits which in 8 years of messing around I have never seen one work to the advantage of the longs. It only goes down again! See an R/S you better be shorting because your long investment is done! Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.