Here's an article to wet your appetite. People who think we just fixed things don't realize the scope of the problem.
http://finance.yahoo.com/loans/artic...for-Themselves
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Re: Will the stock market hold...or is the bubble ready to burst?
Here's an article to wet your appetite. People who think we just fixed things don't realize the scope of the problem.
http://finance.yahoo.com/loans/artic...for-Themselves
FGE
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Re: Will the stock market hold...or is the bubble ready to burst?
Broad Street, Manhattan,outside the NYSE, when the Dow went under 9000 today.
Re: Will the stock market hold...or is the bubble ready to burst?
.....just a bit longer and it'll be time to put money in there (for certain stocks)
FGE
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Re: Will the stock market hold...or is the bubble ready to burst?
You invested when the Dow was 13500. How did that work out for you?Originally Posted by Lyle
Tomorrow sees $400 billion of Lehman Brothers assets being auctioned off. The price stuff went for will be officially announced to the rest of the financial community at 2PM but everybody will be following the auction all day. There could be some serious gyrations tomorrow, although it's possible today's mini-meltdown is just the market anticipating tomorrow.
FGE
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Re: Will the stock market hold...or is the bubble ready to burst?
What's good to invest in right now Lyle please?
Pogue mahone
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Re: Will the stock market hold...or is the bubble ready to burst?
This is fucked. I guess I'm going to have to reconcile myself to the fact that the money my mom left me via life-insurance could well be gone soon. I'm rather upset about it.
Oh well, who needs an education...
mental drifter
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Re: Will the stock market hold...or is the bubble ready to burst?
...wait a second, guys, not just yet. Wait for the market to bottom out. No doubt there are some fire-sales going on out there now, but who knows, things can go from bad to worst real quickly in the coming weeks or months. We're definitely sailing on unchartered territory and it's really very risky to cross there at this point. Things are very hazy now; nobody know for sure where we're heading. Of course, if you take a that risk right now, you will make a real big jackpot if things turned out even just a little better. But again, that's another big iffy thing, and an extremely questionable one at that...
Once in awhile, get outside in fresh air, take a deep breath & with a deep sigh, let out all the things that's bottled up inside you & be free, & you'll get a glimpse of nirvana.
mental drifter
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Re: Will the stock market hold...or is the bubble ready to burst?
...and don't forget, Iceland is reportedly on a verge of financial collapse, or simply put - bankrupt...
...who's next? Things are looking real, real bad, so you better all brace yourselves and pray hard...
Once in awhile, get outside in fresh air, take a deep breath & with a deep sigh, let out all the things that's bottled up inside you & be free, & you'll get a glimpse of nirvana.
Re: Will the stock market hold...or is the bubble ready to burst?
General Mills, Duke Power, BB&T, WACHOVIA....there is opportunity out there. What would you do? I have lost money like everyone else but how often does this stuff happen AND the lowering of the prices make for better deals Wachovia isn't staying under $4 a share once it's absorbed by Citigroup or Wells Fargo.
Wachovia is the only risky choice I have on there...BB&T did a great job and is a solid bank
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