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Friday "Bloodbath"
Old 10-24-2008, 06:21 AM   #1
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I guess last week was a "false" rally. CNNMoney.com Pre-Market Report - Oct. 24, 2008
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Old 10-24-2008, 06:37 AM   #2
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I was thinking this was a nice headline to wake to. May be a good day to go on a hike.
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Old 10-24-2008, 07:24 AM   #3
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Good idea - maybe a long one! Starting a new hobbie may also be a good diversion.
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Old 10-24-2008, 07:44 AM   #4
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Oh boy! It's raining today so I'll be inside close to the tv. Looks like this could be capitulation Friday or the final push to DOW -0-. Where's my medicine?
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Old 10-24-2008, 08:07 AM   #5
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National "spend two hours away from the news" day.

Eat, drink and just be.
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Old 10-24-2008, 08:46 AM   #6
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National "spend two hours away from the news" day.

Eat, drink and just be.
very good advice. i will spend ALL day away from the TV, as usual.
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Old 10-24-2008, 08:34 AM   #7
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I listen to my favorite music and don't turn the TV on at all! I listen to Slacker Radio @ www.slacker.com you can create your own stations, w/o commerials, based on your favorite artist.

Nows the time to re-discover music, art, READING, exersice as their is s much uglyness in TV
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Old 10-24-2008, 08:40 AM   #8
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Agh! It's getting ugly already. Dow down 424 in just a few minutes of trading.

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National "spend two hours away from the news" day.

Eat, drink and just be.
I think this is good advice and I hope I follow it!
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Old 10-24-2008, 08:44 AM   #9
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Agh! It's getting ugly already. Dow down 424 in just a few minutes of trading.
Yeah, but it doesn't seem to be down as much as it should be, given the pre-open action.
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keep your cool
Old 10-24-2008, 08:53 AM   #10
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" If you can remain cool calm and collected while everything around you is in total chaos and confusion... chances are you just don't have a clue as to what's going on "
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Old 10-24-2008, 09:39 AM   #11
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" If you can remain cool calm and collected while everything around you is in total chaos and confusion... chances are you just don't have a clue as to what's going on "
Ignorance is bliss.......that's my motto...

Not exactly whistling zipp ah dee do dah out the ying yang, but I'm certain I will smile today.
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Old 10-24-2008, 08:43 AM   #12
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Originally Posted by In-control View Post
I listen to my favorite music and don't turn the TV on at all! I listen to Slacker Radio @ www.slacker.com you can create your own stations, w/o commerials, based on your favorite artist.

Nows the time to re-discover music, art, READING, exersice as their is s much uglyness in TV
Yes, I agree. Let me put on some easy listening music for everyone.

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Old 10-24-2008, 08:49 AM   #13
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I have an idea - let's close the stock market on Fridays and pass a law everyone needs to enjoy outdoors time away from computers, TV and radio. The resultant improvement in health and attitude could only help
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Old 10-24-2008, 08:50 AM   #14
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Anyone buying today?
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Old 10-24-2008, 09:03 AM   #15
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Anyone buying today?
Let's see. I bought on October 10th, 14th, and 20th. Should I buy today?

Nah - - I think I'll just sit back and watch, today.
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Old 10-24-2008, 11:22 AM   #16
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Let's see. I bought on October 10th, 14th, and 20th. Should I buy today?

Nah - - I think I'll just sit back and watch, today.
Yeah, me too, bought just a little on days proximate to those. I should have waited like my right brain told me too. Unfortunately, my left brain keeps telling me to buy on the big dips. Problem is the dips just keep getting bigger.

Yesterday I bought a new (used) dining room set for $300 to replace the tiny one I have. It will be delivered momentarily. Lots of relatives are coming to visit for the holidays this year.

Then I'm going out for a two hour hike with my dog. Like you, Want2Retire, I'm going to sit back and watch.
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Old 10-24-2008, 09:04 AM   #17
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Anyone buying today?
Calling my stock dude after I finish this last cup of coffee. We're working on the shopping list for the big buys in my taxable account. Looking at the pre-open this morning made me think I might just take some nibbles here and there in my IRA, but the complete bloodbath has failed to materialize. I was looking for a total and complete baby-seal clubbing to happen and I figured that would be the signal - but it just didn't happen.
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Old 10-24-2008, 09:08 AM   #18
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... the complete bloodbath has failed to materialize. I was looking for a total and complete baby-seal clubbing to happen and I figured that would be the signal - but it just didn't happen.
Hey, the day is young. Don't give up hope just yet!
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Old 10-24-2008, 09:24 AM   #19
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Calling my stock dude after I finish this last cup of coffee. We're working on the shopping list for the big buys in my taxable account. Looking at the pre-open this morning made me think I might just take some nibbles here and there in my IRA, but the complete bloodbath has failed to materialize. I was looking for a total and complete baby-seal clubbing to happen and I figured that would be the signal - but it just didn't happen.
Check back the last half hour. Sometimes a rally, sometimes a big sell off.
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Old 10-24-2008, 09:32 AM   #20
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Check back the last half hour. Sometimes a rally, sometimes a big sell off.
What I was looking for was to be down 1,000 pts. on the Dow before lunch. I'm talking a high volume annihilation of everything - real end of the world stuff. Bodies landing on Wall Street. Followed by utter shock and fear. That's when I want to buy.
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