The Bear Officially arrived!

chinaco · 07-02-2008, 05:26 PM

The down closed down today in official Bear territory.

ABC News: Stock Pain Continues: Bear Market Arrives

Running_Man · 07-02-2008, 05:40 PM

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!

MarketBeat : Like a Rock...Tied to Your Feet

chinaco · 07-02-2008, 05:47 PM

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

Are we back where we started ten years ago?

Rich_in_Tampa · 07-02-2008, 07:04 PM

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.

whitestick · 07-02-2008, 07:13 PM

Quote:

Originally Posted by chinaco

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?

laurence · 07-02-2008, 07:17 PM

Quote:

Originally Posted by Rich_in_Tampa

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.

Dawg54 · 07-02-2008, 07:23 PM

Quote:

Originally Posted by laurencewill

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?

laurence · 07-02-2008, 07:25 PM

Quote:

Originally Posted by Dawg52

Spare a buck for a cup of coffee?

This working stiff with 21 years to go offers no sympathy to someone aleady FIRE!

Hal3 · 07-07-2008, 06:49 AM

"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.”

cantlogin · 07-07-2008, 07:20 AM

Actually the bear arrived here, on my porch, a few weeks ago.

Westernskies · 07-07-2008, 11:31 PM

The S&P is (bearly) still in a bull market...

chinaco · 07-08-2008, 02:32 AM

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

07-02-2008, 05:26 PM	#1
chinaco Thinks s/he gets paid by the post Join Date: Feb 2007 Posts: 2,949	The Bear Officially arrived! The down closed down today in official Bear territory. ABC News: Stock Pain Continues: Bear Market Arrives __________________ Disclaimer: I make no warranty or guarantee about the accuracy or completeness of this information. I am not a financial planner, my comments only represent my opinion.

07-02-2008, 05:40 PM	#2
Running_Man Recycles dryer sheets Join Date: Sep 2006 Posts: 387	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! MarketBeat : Like a Rock...Tied to Your Feet __________________ And you may ask yourself What is that beautiful house?And you may ask yourself Where does that highway go

07-02-2008, 05:47 PM	#3
chinaco Thinks s/he gets paid by the post Join Date: Feb 2007 Posts: 2,949	Lost decade! https://personal.vanguard.com/us/Van...012008_ALL.jsp Are we back where we started ten years ago? __________________ Disclaimer: I make no warranty or guarantee about the accuracy or completeness of this information. I am not a financial planner, my comments only represent my opinion.

07-02-2008, 07:04 PM	#4
Rich_in_Tampa Moderator Emeritus Join Date: Feb 2006 Location: Tampa Posts: 5,876	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. __________________ Rich Tampa, FL (10% retired) As if you didn't know..If the above message happens to contain medical content, it's NOT intended as advice, and may not be accurate, applicable or sufficient. Don't rely on it for any medical purpose whatsoever. Consult your own doctor for all medical advice.

07-07-2008, 06:49 AM	#9
Hal3 Recycles dryer sheets Join Date: Jun 2008 Posts: 64	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.”

07-07-2008, 11:31 PM	#11
Westernskies Full time employment: Posting here. Join Date: May 2008 Posts: 906	The S&P is (bearly) still in a bull market... __________________ Sarchasm : The gulf between the author of sarcastic wit and the person who doesn't get it.

07-08-2008, 02:32 AM	#12
chinaco Thinks s/he gets paid by the post Join Date: Feb 2007 Posts: 2,949	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 __________________ Disclaimer: I make no warranty or guarantee about the accuracy or completeness of this information. I am not a financial planner, my comments only represent my opinion. Last edited by chinaco; 07-08-2008 at 04:37 AM.

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