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Dow plunges more than 445 points

Discussion in 'Political Discussion' started by Holy Diver, Sep 17, 2008.

  1. Holy Diver

    Holy Diver Pro Bowl Player

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    #80 Jersey

    yesterday it was 500+....


    Bueller?........Bueller?
     
  2. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

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    #24 Jersey

    :confused:

    There's a bunch of related threads, just because nothing has your title. It'll be OK, it may go down some more but the washout is finally happening which means we're (IMO) nearing the bottom. Just ignore it for a few months and revisit in, say, March and you'll see everything is alright. Unless you're a trader, the day to day, week to week or even month to month really shouldn't matter.
     
  3. Holy Diver

    Holy Diver Pro Bowl Player

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    #80 Jersey

    so 1,000 points in two days...

    and I should just ignore it?




    word......I'll just whistle zippidy-do-dah out of my poop-shoot!
     
  4. weswelker#83

    weswelker#83 In the Starting Line-Up

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    Is American Idol "on" ?
     
  5. Holy Diver

    Holy Diver Pro Bowl Player

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    #80 Jersey

    I think I'll go to Best Buy and purchase some DVDs and a new flat screen TV with my new Citibank card. They are giving me 0% apr!

    and rims...I'll need some new rims for my chevy with lamborghini doors.
     
  6. PATSNUTme

    PATSNUTme Paranoid Homer Moderator Staff Member PatsFans.com Supporter

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    #75 Jersey

    And all the lefties go [​IMG]
     
  7. PATSNUTme

    PATSNUTme Paranoid Homer Moderator Staff Member PatsFans.com Supporter

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    #75 Jersey

    you missed a day. the one that it was up 117.
     
  8. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

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    #24 Jersey

    Basically, yeah. Unless you're a trader.

    If you're close to retiring you should be largely out of the market anyway. If you aren't close then you have at least a few years to go before you should care.

    Do I watch it ? Yes. But I also know that the lower it goes now the more shares I can buy at a cheap price and make more money for 15 years from now when I plan to retire.
     
  9. Holy Diver

    Holy Diver Pro Bowl Player

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    #80 Jersey


    as ususal, I enjoy your spunk when dealing with the markets. I'm the flunk out of these for a while. To think they wanted to throw social security in this crapshoot....

    whats that I hear? is it ....NO ......it couldn't be?

    "zippidy-DO DA!!!!!........"
     
  10. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

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    #24 Jersey

    Nothing wrong with getting out for a while. Personally I'm more scared of missing the rebound than going down a lot further so I'm staying in. I do have about 20% out right now - if we drop below 10,000 I'll probably put that back in.

    Regarding SS, the same thinking applies. If we had private accounts the risk wouldn't be what it appears today as long as retirees and those within, say, 5 years, were out of equities then it would be just fine.
     
  11. reflexblue

    reflexblue PatsFans.com Supporter PatsFans.com Supporter

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    #91 Jersey

    :rofl::rofl::rofl:Thats what i tell my wife the average citizen is doing instead of paying attention to whats going on in the country. Soon they maybe to poor to pay attention.
     
  12. PATSNUTme

    PATSNUTme Paranoid Homer Moderator Staff Member PatsFans.com Supporter

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    #75 Jersey

    Up over 400 points today. I"m sure you would want to post it but probably too busy.
     
  13. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

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    #24 Jersey

  14. Michael

    Michael Moderator Staff Member PatsFans.com Supporter

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    #12 Jersey

    :rofl::rofl::rofl:
     
  15. Holy Diver

    Holy Diver Pro Bowl Player

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    #80 Jersey

    HA!


    Actually....I was just gunna post that. As I write this its up over 400...!!! good job.



    No worries, Belickickfan talked me down off the ledge yesterday.


    I'm fair, and I'll call myself out if need be.
     
    Last edited: Sep 18, 2008
  16. Michael

    Michael Moderator Staff Member PatsFans.com Supporter

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    #12 Jersey

    Gather the wind
    Though the wind won't help you fly at all
    Your back's to the wall
    Then chain the sun
    And then it turns around and face you
    As you run, you run, you run!

    So live for today
    Tomorrow never comes
    Die young, young
    Die young, die young
    Die young, die young, young
    Die young
     
  17. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    The economy is just fine, everyday I am amazed by the amount of foreclosures in our little state.. a couple of weeks ago there 300+ listed, most of the real estate agents I know cannot move a house if they wanted to..many small and established businesses are going under, this coupled with the massive debt we have incurred in the past three or four weeks.. click your heels three times Dorothy everything is just fine.. keep things the same, they will have to get better they can't get much worse.
     
  18. Michael

    Michael Moderator Staff Member PatsFans.com Supporter

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    #12 Jersey

    Ignorant fools getting ARM mortgages they could never afford and/or using their homes as ATMs combined with Red Lining is not exactly scientific data of a "bad economy". "The chickens are coming home to roost! God Dam America!"
     
  19. Holy Diver

    Holy Diver Pro Bowl Player

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    #80 Jersey

    U.S. President George W. Bush makes a statement on the economy from the White House in Washington September 18, 2008. Bush said on Thursday he was concerned about the financial markets and the U.S. economy and said that his administration was working to strengthen them.


    NO WORRIES PEOPLE!!!!


    this guy NEVER fukcs things up!
     
  20. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

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    #24 Jersey

    Right, the economy is fine. The housing market isn't due to irresponsible buying and lenders willing to go along with it. That, in turn, brought down the financials. Most other parts of the economy are alright. Unemployment, earnings, interest rates, etc. Not great but fine.
     

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