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updated: Aug. 29, 2007 @ 12:55a
posted: Feb. 27, 2007 @ 2:05p

Today might go down as one of the top 3 worst days ever in terms of the market.

I feel bad for all the people who are losing thousands and thousands of dollors.
updated: May. 18, 2010 @ 11:57p by germanpope
posted: Feb. 27, 2007 @ 2:06p
Member Summary
Most Recent Posts

+8% and best week in 3 years. Hope you didn't miss it!

psychtobe (Dec. 02, 2011 @ 7:03p) |

a little better

germanpope (Jan. 21, 2012 @ 10:47a) |

at Bogleheads I ventured a guess of 1635 for the S&P this year, +30%. I moved to 60/40, as well, most aggressive I've been... (more)

psychtobe (Jan. 22, 2012 @ 3:52p) |

don't listen to David scubadiver ... this is not his blog
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posted: Feb. 27, 2007 @ 2:08p

Thanks Greenspan.
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posted: Feb. 27, 2007 @ 2:09p

Well, I dont think I am losing my shirt But yes, this wiped away many of my gains from last year. And that hurts.
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posted: Feb. 27, 2007 @ 2:10p

The market is supposed to go up....what the **** is with this? OMG!!!
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posted: Feb. 27, 2007 @ 2:11p

Didn't Greenspan retire?
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posted: Feb. 27, 2007 @ 2:11p

Sky is falling. This is an overdue correction. Start shorting! but don't get caught in the whiplash of the buyers.
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posted: Feb. 27, 2007 @ 2:13p

but maybe today is great time to buy, you never know
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posted: Feb. 27, 2007 @ 2:14p

scooping up dead cats
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posted: Feb. 27, 2007 @ 2:14p

Hallelujah, Jeebus is here!
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posted: Feb. 27, 2007 @ 2:15p

jack07002 said: Today might go down as one of the top 3 worst days ever in terms of the market.


Did you plagiarize this from somewhere just like all your plagiarized articles in the housing bubble thread? (Scroll down to bottom of page 93 to see)
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posted: Feb. 27, 2007 @ 2:15p

I think its time to get out of stocks completely.
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posted: Feb. 27, 2007 @ 2:16p

I rolled over my 401k at the high last week. This is great. Time to buy some more funds


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posted: Feb. 27, 2007 @ 2:17p

Since I didn't sell any stock today at a loss, I didn't lose anything. Logging into one of my accounts I see:

Today's net change -$15,416.39

And I have no plans to sell any stock at all this year anyway.
rated:
posted: Feb. 27, 2007 @ 2:17p

jack07002 said: Today might go down as one of the top 3 worst days ever in terms of the market.

I feel bad for all the people who are losing thousands and thousands of dollors.

yeah, down 3%. veeeerry scaaarrry!!
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posted: Feb. 27, 2007 @ 2:17p

CoffeeEater said: I think its time to get out of stocks completely.

I think you need to do some reading about how stocks fared after the 1987 crash.
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posted: Feb. 27, 2007 @ 2:19p

Just how heavaily are we influeced by the Chinese Economy?

CNN says:
Chinese stocks slumped 9 percent

I doubt this had to do with a suicide attack on Cheney, and maybe a little with a the decline in durable goods.
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posted: Feb. 27, 2007 @ 2:20p

Hot deal
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posted: Feb. 27, 2007 @ 2:20p

jack07002 said: I only own one 2 stocks exxon and google...

Google is getting pounded, exxon is only down about 2 points.

Did you skip percentage day in 3rd grade math?
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posted: Feb. 27, 2007 @ 2:21p

Hurray for a well diversified portfolio! Also, great time to start buying up some stocks
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posted: Feb. 27, 2007 @ 2:22p

too bad I missed the move. I could have made a killing shorting the futures.
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posted: Feb. 27, 2007 @ 2:23p

zzyzzx said: CoffeeEater said: I think its time to get out of stocks completely.

I think you need to do some reading about how stocks fared after the 1987 crash.

You're living in the past. It's 2007 now and stocks are taking a beating. I'm moving all my money to my GMAC account. 5% guaranteed. I don't have to deal with Dick Cheney or Chinese stock market. I get money credited every month. What's easier than that? Booyah!
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posted: Feb. 27, 2007 @ 2:23p

Crud! I can not even log into Fidelity. Site is having some serious issues. I was going to buy more stock


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updated: Feb. 27, 2007 @ 2:27p
posted: Feb. 27, 2007 @ 2:24p

jack07002 said: Today might go down as one of the top 3 worst days ever in terms of the market.

I feel bad for all the people who are losing thousands and thousands of dollors.
What's a dollor? And why is it bad to lose them?
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posted: Feb. 27, 2007 @ 2:25p

Time to buy buy buy!
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posted: Feb. 27, 2007 @ 2:26p

Predictable decline after unsustainable gains this year - necessary to shake out the newbies who've been appearing here with questions like, "I want to get started investing in stocks...", "Can anyone tell me a good book about stock investing?", or, the best one, "Should I invest my B/T in mutual funds?" History tells us that "hand-wringers" and portfolio "micro-managers" have nearly always done far worse over time than "simple-minded" snoozers.
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posted: Feb. 27, 2007 @ 2:27p

Today is the 10th anniversary of the Southeast Asia Financial Crisis.
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posted: Feb. 27, 2007 @ 2:29p

Glad I got lazy and haven't yet put money into my Roth IRA for 2006 (or 2007).
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posted: Feb. 27, 2007 @ 2:31p

Goferebater said: Glad I got lazy and haven't yet put money into my Roth IRA for 2006 (or 2007).

Same here. My CD matures from a BT on 3/1/07 (already paid off BT) and I was going to use some of it to invest in a new fund. Looks like I lucked out.
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posted: Feb. 27, 2007 @ 2:32p

BUY!! BUY!! BUY!! When poor people panic, rich people buy. Market will be back to yesterday's levels in less than a month.
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posted: Feb. 27, 2007 @ 2:33p

Tank baby tank....I am praying it falls over 3000- 4000 points ...Yippiee...
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posted: Feb. 27, 2007 @ 2:37p

For some perspective: DJIA, currently at 12,249, has a 52-week low of 10,683.
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updated: Feb. 27, 2007 @ 2:38p
posted: Feb. 27, 2007 @ 2:38p

psychtobe said: jack07002 said: Today might go down as one of the top 3 worst days ever in terms of the market.

I feel bad for all the people who are losing thousands and thousands of dollors.

yeah, down 3%. veeeerry scaaarrry!!

What was the percentage crash in 1987? 30%? This is a minor selloff by comparison.


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posted: Feb. 27, 2007 @ 2:40p

sfchris said: What was the percentage crash in 1987? 30%? This is a minor selloff by comparison.

In 2007 dollars, the percentage would be about 5%. You need to adjust for inflation.
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posted: Feb. 27, 2007 @ 2:40p

Does anyone know wat happened at 2:50 EST? The Dow plunged, then recovered over a period of minutes...

http://finance.yahoo.com/charts#chart1:symbol=^dji;range=1d;indicator=volume;charttype=line;crosshair=on;logscale=on;source=undefined
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posted: Feb. 27, 2007 @ 2:42p

CoffeeEater said: sfchris said: What was the percentage crash in 1987? 30%? This is a minor selloff by comparison.

In 2007 dollars, the percentage would be about 5%. You need to adjust for inflation.

For your sake, I hope you are joking!!!


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posted: Feb. 27, 2007 @ 2:43p

CoffeeEater said: sfchris said: What was the percentage crash in 1987? 30%? This is a minor selloff by comparison.

In 2007 dollars, the percentage would be about 5%. You need to adjust for inflation.

What????

% drop is % drop.

This is a 3%-4% drop, 1987 was a 30% drop. You do not adjust for inflation. The only thing that is "inflated" is that a 500 pt drop is the end of the world. The Dow was at ~2000 points the last time it dropped 500. Now it is 12,000+.
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posted: Feb. 27, 2007 @ 2:43p

Do people think it will bounce back or continue declining tomorrow? Get out the magic-8 ball. I am gonna throw some money in, not sure if I should do it today or tomorrow.
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updated: Feb. 27, 2007 @ 2:47p
posted: Feb. 27, 2007 @ 2:46p

I'm predicting gradual sliding down for the rest of the week. But 6-12 months from now everyone on here is going to be bragging about how they got in next week.


rated:
posted: Feb. 27, 2007 @ 2:47p

CoffeeEater said: zzyzzx said: CoffeeEater said: I think its time to get out of stocks completely.

I think you need to do some reading about how stocks fared after the 1987 crash.

You're living in the past. It's 2007 now and stocks are taking a beating. I'm moving all my money to my GMAC account. 5% guaranteed. I don't have to deal with Dick Cheney or Chinese stock market. I get money credited every month. What's easier than that? Booyah!

Sell, Mortimer, Sell!
Skipping 8887 Messages...
rated:
posted: Jan. 22, 2012 @ 3:52p

at Bogleheads I ventured a guess of 1635 for the S&P this year, +30%. I moved to 60/40, as well, most aggressive I've been since the summer of 09.
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