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The Bear Officially arrived!
Old 07-02-2008, 05:26 PM   #1
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The Bear Officially arrived!

The down closed down today in official Bear territory.

ABC News: Stock Pain Continues: Bear Market Arrives
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Old 07-02-2008, 05:40 PM   #2
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The Bear market on some stocks is unreal... What is good for GM is good for the country! OUCH

The price drop on GM is truly incredible a chart of that stock is really a drop off a ledge, in one year it has fallen 74 percent. If they do go bancrupt as is being feared this will really throw a huge amount of retirees prospects up for grabs. Their 5 year bond is falling almost as fast as their stock, trading for a yield of 18.4 percent, probably a better buy than the stock if the company can manage to stay solvent!

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Lost decade!
Old 07-02-2008, 05:47 PM   #3
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Lost decade!

https://personal.vanguard.com/us/Van...012008_ALL.jsp


Are we back where we started ten years ago?
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Old 07-02-2008, 07:04 PM   #4
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Per Motley Fool, the typical bear market occurs every 5 years, lasts 10-20 months, hits its trough at about 25% off of peak, and recovers rather quickly with lots of lurching before it rises 20%, then slows down. These are means, lots of variation.
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Old 07-02-2008, 07:13 PM   #5
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Quote:
Originally Posted by chinaco View Post
https://personal.vanguard.com/us/Van...012008_ALL.jsp


Are we back where we started ten years ago?
Quote:
Sometimes when I see a news story about the stock market that sounds either too ominous or overly optimistic, I ask myself what headline I might write instead. It usually goes something like this: "In the long run, stock returns are likely to revert to historical averages." It's not very snappy, sensational, or even very interesting. But it's a guidepost that you can stick to in both good markets and bad ... for the long term.
Or are we just in the mid-cycle of returning to the average of the 10% growth?
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Old 07-02-2008, 07:17 PM   #6
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Originally Posted by Rich_in_Tampa View Post
Per Motley Fool, the typical bear market occurs every 5 years, lasts 10-20 months, hits its trough at about 25% off of peak, and recovers rather quickly with lots of lurching before it rises 20%, then slows down. These are means, lots of variation.
So in other words...buy, buy, BUY!...?

I have a whopping $5k on the sidelines I'm ready to move into the market! So everybody wait a couple more weeks since I never buy the bottom.
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Old 07-02-2008, 07:23 PM   #7
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So in other words...buy, buy, BUY!...?

I have a whopping $5k on the sidelines I'm ready to move into the market! So everybody wait a couple more weeks since I never buy the bottom.
Spare a buck for a cup of coffee?
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Old 07-02-2008, 07:25 PM   #8
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Spare a buck for a cup of coffee?
This working stiff with 21 years to go offers no sympathy to someone aleady FIRE!
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There is a very easy way to stop the GM bankruptcy.
Old 07-07-2008, 06:49 AM   #9
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There is a very easy way to stop the GM bankruptcy.

"In the interest of National Security the Congress of the United States mandates that retiree pension and healthcare obligations of General Motors are senior to all other bankruptcy claims. The bankruptcy court must establish a trust with sufficient cash assets to pay 100% of actuarially determined obligations prior to paying any bondholder, stockholder, or Carl Icahn.
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Old 07-07-2008, 07:20 AM   #10
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Actually the bear arrived here, on my porch, a few weeks ago.


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Old 07-07-2008, 11:31 PM   #11
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The S&P is (bearly) still in a bull market...
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Old 07-08-2008, 02:32 AM   #12
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When one considers the state of the market with the weak USD and inflation (in part due to the weak USD). It seems like we are losing ground faster than we can make it up.

I am not sure we ever fully recovered from the last recession/bear market.

Why Bernanke wants to stay on the sidelines - Jun. 26, 2008
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