Master_Chief Posted January 20, 2009 Report Share Posted January 20, 2009 Fell like a ton of bricks and Bush wasn't in office. Who's fault is it now?????????????????????? Quote Link to comment Share on other sites More sharing options...
Heavy Metal Posted January 20, 2009 Report Share Posted January 20, 2009 All i know is my Dad and his wife have lost 10 years in the last month. Now....he'll be lucky to retire at 70. I hope not he needs to ditch California like we did 3 years ago and come out to be with us....NOW! Quote Link to comment Share on other sites More sharing options...
The_Kat Posted January 20, 2009 Report Share Posted January 20, 2009 looks like we aren't the only ones afraid of what Obama is bringing to the table....It fell 4% today.....over 300 points. Quote Link to comment Share on other sites More sharing options...
BuckNrut Posted January 21, 2009 Report Share Posted January 21, 2009 (edited) Today the market reacted to a global banking crisis, not just a US Banking crisis. Things will iron themselves out, eventually, but if one had used something like the money movement strategy http://www.iasfinancial.com/pdf/106616_SI_16_17.pdf you would have put your IRA/401K assets into bonds two months ago. To be successful in today's market one must as vigilant with their account as they are with their gun rights. Personally, I would hold off on moving resources into stock funds again until there are rhumors on "The Street" of prime interest rate hikes. I'm guessing 3 months out. Forgot to mention, the current prime rate is 3.25%. Edited January 21, 2009 by BuckNrut info helpful to diagram in link Quote Link to comment Share on other sites More sharing options...
stevebeilgard Posted January 21, 2009 Report Share Posted January 21, 2009 Fell like a ton of bricks and Bush wasn't in office. Who's fault is it now?????????????????????? who's fault is it now? are you kidding me:confused:? it's bush's fault. and 3 years from now, it will still be bush's fault. what are you thinking, man? fact is, we are in a world climate, and i think the world markets are responding accordingly to the world situation. they see america going from a free market, and the strongest market in the world, to a socialist market. and, the world knows that socialism has failed in literally every attempt it has ever had. we may soon look back at the 8,000 dow market as "the good old days". and yes, i hope i'm wrong. Quote Link to comment Share on other sites More sharing options...
clrj3514 Posted January 21, 2009 Report Share Posted January 21, 2009 who's fault is it now? are you kidding me:confused:? it's bush's fault. and 3 years from now, it will still be bush's fault. what are you thinking, man? thats about the truth :rolleyes: Quote Link to comment Share on other sites More sharing options...
OJR Posted January 21, 2009 Report Share Posted January 21, 2009 Still looking for 6500 on the Dow! Quote Link to comment Share on other sites More sharing options...
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