Run DMC

Looks like we will successfully retest the november lows today. I would say now and Monday is the time to start your buying. I picked up emerging market shares today. I will hold my silver for 2 more more weeks, then I am selling it at a nice profit. There is a slight possibility that we may hit 6000/600 in the Fall, but we are definitely very close, if not at the lows, on the market. I am buying today and have been and will continue to dollar cost average in my 401k. I think the worst is over but it will probably very slowly and quite normally go up for the next 8 or so years. Risk to reward is just too compelling right now in favor of the stock market. Happy trails.

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BelichickFan

I also moved some of what I had in cash back into the market today. I don't have a clue if we're at the low and I wouldn't have done it had I needed the money in 6 months but I do think that long term we'll consider this close enough to the bottom to start putting some back in.

Patters

I think the market has not yet hits it's lows, primarily because we're in an international crisis, and the effects of the decline in industrial production have not yet been fully felt and are probably somewhat unknown.

Soros sees no bottom for world financial collapse | U.S. | Reuters

Also, I don't think the commercial real estate collapse has taken place yet.

http://www.azcapitoltimes.com/story.cfm?id=10491

That said, given the current situation, there's no right or wrong for investors.

Run DMC

Market will rally this week. Don't worry the water is safe:

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PatriotsReign

Awesome picture!

Synovia

Just as it loved Bush? The DJI was 11K when bush took over, and 8500 and trending down hard when he left.

BelichickFan

I didn't say anything about Bush. If Bush is your only defense of Obama there's a problem. Bottom line, it's down about 30% since election day. I'm still waiting the for change I can believe in.

Real World

B o o o o o o o s h

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"The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him."
Leo Tolstoy, 1897

Bigdogx

It's a continuing trend on this board, the democrats know Obama is handling this situation completely wrong, they know it will fail along with Obama, but they are still to proud to admit their guy is no different then the last. Maybe in a few years they will admit it, but for right now they will just continue to talk bush when we are talking Obama, it's the only thing they can grasp at right now.

Synovia

I'm sorry, but the president elect is not responsible, and has control of nothing, between Nov and January.