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Old 02-23-2009, 04:38 PM   #41
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Shhh....I'm trying to remember.....
I think it was something about pay off your house, don't owe anything to anybody, don't invest in the stock market because that's just gambling, grow your own vegetables and barter, and hide your money in the attic if it's not buried in the backyard. There was also something about giving a stranger a meal in exchange for odd jobs.
.... It really HAS been a long time.
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Old 02-23-2009, 04:45 PM   #42
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I think it was something about pay off your house, don't owe anything to anybody, don't invest in the stock market because that's just gambling, grow your own vegetables and barter, and hide your money in the attic if it's not buried in the backyard. There was also something about giving a stranger a meal in exchange for odd jobs.
.... It really HAS been a long time.
Oh yeah...that was it! But you left out "Dagnabit!".....
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Old 02-23-2009, 04:46 PM   #43
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Oh yeah...that was it! But you left out "Dagnabit!".....
"By cracky", I did, dagnabit!
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Old 02-23-2009, 05:09 PM   #44
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Paul Vocker says U.S. capitalism model has failed.

I.E. SHTF.
Actually, in that clip, he said capitalism will survive.

I think that's quite a bit different than saying it has failed.
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Old 02-23-2009, 05:31 PM   #45
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I'm about to do the same thing as Ziggy. I'm sick and tired of being sick and tired about the market. Our "leadership" politically and economically resembles the Keystone Cops but I'm afraid I'm insulting the Keystone Cops when I type this.

I have a second contract on our house. If this one goes through, I will get a little over $60K but there's no way it's going into the market. My father's annuity money is about to come my way (~$20K) and it won't see the market either.
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Old 02-23-2009, 05:36 PM   #46
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I too am tired of the constant din of bad news regarding the market and it being the talk of the day everywhere I go.

Look at the bright side, just another 7100 points to go and we'll be done with it and can move on.
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Old 02-23-2009, 06:30 PM   #47
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I'm no sure which thread to post in - there's so much negativity out there.

Hasn't everyone here had a moment in the past decade when they said - "I wish I had invested in more equities back then - they were so cheap, and my portfolio would be much higher today. If I only could go back in time..."

Well, this decline in equity markets is creating a moment like that - an opportunity that we will regret not taking advantage of. I'm not saying it's right now or that equities aren't gonna go down any more, but 5 - 10 years from now there's gonna be lots of folks sayin' once again - If I had bought then, we would be in much better shape financially today.

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Old 02-23-2009, 06:33 PM   #48
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You may be right but I just can't see the forest for the trees.
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I'm skipping born loser status........
Old 02-23-2009, 06:33 PM   #49
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I'm skipping born loser status........

moving directly to full thumb sucking mode. When we officially move into a depression, back to dear old mothers womb.
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Old 02-23-2009, 07:07 PM   #50
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Hold the market! Hold the Depression!. I'll get back to youse on that stuff.

She just got off the phone - if the stuff the Doc gave her Granddaughter fails(he doesn't want to work Mardi Gras day) - it's twins. The husband is pacing and mumbling to himself - always a good sign.

Tell Mr Market to hold on and the fate of the Free World economy to stay hanging in the balance - I gotta get to New Orleans and eat a Muffuletta while the women do whatever they do when people have babies.

heh heh heh - We'll send for the US Cavalry later.
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Old 02-23-2009, 07:23 PM   #51
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Remember when the stock market was just for rich people?

Happy some kind of babies [not really following your post too well, but it was definitely about babies], Uncle Mick!
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Old 02-23-2009, 09:30 PM   #52
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Hasn't everyone here had a moment in the past decade when they said - "I wish I had invested in more equities back then - they were so cheap, and my portfolio would be much higher today. If I only could go back in time..."
The key word are "had invested" if a person is fully invested now they can not take advantage of the sale.

Now that we broke the Nov '08 low there is a lot of air below and a lot of fear in that air.

The lower it goes, my fear is that, this is a cyclical bear market that can last another 7-8 years if you start the count in 2000.
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Old 02-23-2009, 09:37 PM   #53
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The lower it goes, my fear is that, this is a cyclical bear market that can last another 7-8 years if you start the count in 2000.
My fear is I will never see the market recover to a satisfactory level. Never mind 'fully' recover.
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Old 02-24-2009, 09:12 AM   #54
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moving directly to full thumb sucking mode. When we officially move into a depression, back to dear old mothers womb.
That's it! We need to get you back on your meds!
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Old 02-24-2009, 01:11 PM   #55
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I just raised my stock allocation today from 14 percent to 25 percent. I think we were going to have a good size rally before this but 4 other people I know sold yesterday as well.

I would expect a rally at some point back over 9,000 at any rate. But you know I am just a market timer by nature.
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Old 02-24-2009, 01:20 PM   #56
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Twins - boy and a girl - 10:30 AM Mardi Gras day. So mad money(you can't take it with you) wise - New Orleans to reneck riviera to the Crappie Capital of the World(Weiss Lake) back to Kansas City.

Tell Mr market to stay down till I get back and see if we have any money left in two weeks.

Where's my Gris Gris bag - gonna put a hex on Mr Market til I can get some good buys.

heh heh heh - . 64% stock trying to get to 66% - 16th year of retirement. SEC yield hand grenade close to 4% - carry on.
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Old 02-24-2009, 02:16 PM   #57
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Well Ziggy, you succeeded man! WTG!

Off we go... (At least today)

Ha
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Old 02-24-2009, 02:38 PM   #58
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Yay, Ziggy!

The Stock Market Is Signaling Things Are Better Than You Think: Tech Ticker, Yahoo! Finance
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Old 02-24-2009, 02:55 PM   #59
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What about moi ? I sacrificed my AIG stock for the sake of all the forum members .
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Old 02-24-2009, 02:59 PM   #60
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What about moi ? I sacrificed my AIG stock for the sake of all the forum members .
Oh, we appreciate your help too. But we are especially tuned to Ziggy, as he has a source from the "little voices".

Ha
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