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10-09-2008, 01:24 PM
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#41
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
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 Quote:
Originally Posted by ziggy29
Could be worse. Remember 1929 to 1932?
Prohibition.  |
Oh God. Those Dudes were tough!
ha
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"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
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10-09-2008, 01:25 PM
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#42
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Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 2,020
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Out of curiosity, is brewing at home, once you know what you're doing and can make a good batch, cheaper than comparable wares?
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10-09-2008, 01:33 PM
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#43
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Recycles dryer sheets
Join Date: Dec 2007
Posts: 482
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You know, at some point some people are going to look around and say, "You know, Genuine Parts paying a 4.5% dividend, or Pfizer paying 7.0%, or Philip Morris paying 5%, look like a good deal." I don't think any of those companies are going out of business. Even if we aren't buying new cars, we'll need parts to go get our drugs for lung disease from the cigarettes we smoke.
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Retire date Jan. 10, 2018
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10-09-2008, 01:34 PM
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#44
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2006
Location: Collin County, TX
Posts: 9,296
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I think I just wheeeeed on myself.
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There's no need to complicate, our time is short..
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10-09-2008, 01:35 PM
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#45
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
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Quote:
Originally Posted by ikubak
You know, at some point some people are going to look around and say, "You know, Genuine Parts paying a 4.5% dividend, or Genuine Parts paying 4.5%, or Philip Morris paying 5%, look like a good deal." I don't think any of those companies are going out of business. Even if we aren't buying new cars, we'll need parts to go get our drugs for lung disease from the cigarettes we smoke.
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You just had to go into cash ahead of time in order to have the money to jump at these bargains.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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10-09-2008, 01:38 PM
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#46
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Recycles dryer sheets
Join Date: Dec 2007
Posts: 482
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Why don't we just go down to 100 and start all over again?
(rhetorical question; no need to answer with the specifics on why this wouldn't work.)
__________________
Retire date Jan. 10, 2018
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10-09-2008, 01:40 PM
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#47
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Thinks s/he gets paid by the post
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,698
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Quote:
Originally Posted by ikubak
Why don't we just go down to 100 and start all over again?
(rhetorical question; no need to answer with the specifics on why this wouldn't work.)
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At this rate we'll be there before you know it.
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10-09-2008, 01:44 PM
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#48
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Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 2,020
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Quote:
Originally Posted by 73ss454
At this rate we'll be there before you know it.
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Oh, I think we'll know it
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10-09-2008, 01:45 PM
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#49
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2006
Location: Collin County, TX
Posts: 9,296
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Quote:
Originally Posted by Marquette
Oh, I think we'll know it
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Maybe...
__________________
There's no need to complicate, our time is short..
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10-09-2008, 01:46 PM
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#50
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Moderator Emeritus
Join Date: May 2007
Posts: 12,901
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Vanguard's website is super slow right now... looking at the DOW right now, I'd say people are probably selling en masse...
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10-09-2008, 01:48 PM
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#51
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Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 2,020
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Ha! 38.45% for the Dow(n). S&P racing towards 900 like it's the finish line.
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10-09-2008, 01:51 PM
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#52
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Recycles dryer sheets
Join Date: Dec 2007
Posts: 482
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Quote:
Originally Posted by haha
Oh God. Those Dudes were tough!
ha
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I'm starting to think one day people will look back at us and think the same thing.
__________________
Retire date Jan. 10, 2018
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10-09-2008, 01:51 PM
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#53
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2006
Posts: 5,350
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Quote:
Originally Posted by FIREdreamer
Vanguard's website is super slow right now... looking at the DOW right now, I'd say people are probably selling en masse...
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WHY?!? So they can sell at a low and rebuy after it's gone up 25% or more 
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10-09-2008, 01:52 PM
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#54
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
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You can't reason with panic.
__________________
Numbers is hard
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10-09-2008, 01:53 PM
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#55
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Moderator Emeritus
Join Date: May 2007
Posts: 12,901
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Logic has no part in panic. People are scared, they want to get out.
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10-09-2008, 01:55 PM
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#56
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2003
Posts: 18,085
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Quote:
Originally Posted by Marquette
Out of curiosity, is brewing at home, once you know what you're doing and can make a good batch, cheaper than comparable wares?
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Yes. I figure I can make the equal of craft beer or better imports for about $12 to $15 a case, and I am not particularly efficient in my processes.
__________________
"All animals are equal, but some animals are more equal than others."
- George Orwell
Ezekiel 23:20
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10-09-2008, 02:02 PM
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#57
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Recycles dryer sheets
Join Date: Dec 2007
Posts: 482
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Quote:
Originally Posted by brewer12345
Yes. I figure I can make the equal of craft beer or better imports for about $12 to $15 a case, and I am not particularly efficient in my processes.
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I agree with your figure. If you are just after standard brew, like bud or lite beer, you are probably looking at $12-$15 for TWO cases. I think I'll brew some this weekend and name it Broke Beer. It should be ready to drink in 3-4 weeks. I wonder if I will be laughing at this market or crying because I didn't sell when the dow was down "only" 35%.
__________________
Retire date Jan. 10, 2018
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10-09-2008, 02:05 PM
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#58
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
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I don't know about the market but I reached crapitulation today...
__________________
Numbers is hard
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10-09-2008, 02:06 PM
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#59
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
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Quote:
Originally Posted by REWahoo
I don't know about the market but I reached crapitulation today...
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The good news is that each time it tanks, the less it hurts because I haven't rebalanced yet. And this market has given me no reason to rush that.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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10-09-2008, 02:07 PM
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#60
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Thinks s/he gets paid by the post
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,698
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Need to change the title of the thread, I spoke too soon, DOW down 5500.
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