TromboneAl
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jun 30, 2006
- Messages
- 12,880
Well, as someone who still needs to finish rebalancing after all the recent carnage, I can see that as a glass-half-full event.Going to be a huge sell off at the end of the day.
I am thinking about selling an equivalent to the modest $10,000 I put into the market at good buys last week, calculating my modest profit and doing something joyful with it.
I don't usually think this way. I was fully invested and put that $10,000 in as my last bit to put in.
There's just something about these times that makes me sometimes want a good, solid experience to come from my virtual money. Depending on the amount, it could fund sharing a rum cake from the best bakery with good friends, or heading down to NYC to see some things.
Kate
Dow +760 with 15 minutes to go.Going to be a huge sell off at the end of the day.
Don't give up your day job...Going to be a huge sell off at the end of the day.
The latest value of the DOW is just brain gunk that distracts Americans from other more fundamental measures of economic and societal health that are much more important in the long run.
Don't give up your day job...
Going to be a huge sell off at the end of the day.
Obviously that's not the case -- but let's face it, mentality and sentiment play a role in just how far back consumers and investors pull back. And the more they retrench, the worse it could get.I agree. Sometimes it seems that people treat the DOW as if its a representation of the entirety of the US economy. Yay, the DOW's up for the day, all our problems are solved!
I hope you didn't short the market this afternoon. My 5 day plan is looking good.
Looks like almost 1000 points at closing!!! We need an emoticon of throwing confetti.
I'd guess the folks who sold last Monday are feeling a bit better than those who sold on Friday...Wonder how all the folks who sold last week are feeling........
But not as good as the people who sold last Monday and bought on Friday.I'd guess the folks who sold last Monday are feeling a bit better than those who sold on Friday...