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Old 07-08-2008, 09:25 AM   #81
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... I feel the ups and the downs will be slightly less than before, I just don't see the same "Great Depression" coming, but don't see a boom like the 94-00 either for a long time.
I tend to agree. But this stuff is only clear in retrospect. Most of us will not really "see" anything that we can name (bull mkt, bear mkt, depression, etc.) until it's in the rear view mirror.
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Old 07-08-2008, 10:38 AM   #82
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That reminds me. It's about time to move another chunk of my mom's inherited IRA money from the Vanguard MMF to Wellesley.
Wait, are you alerting us that Wellesley will now begin falling in value a la USO?
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Old 07-08-2008, 10:51 AM   #83
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I'm going to take the day off from work and have a nice breakfast
To close out my involvement in this thread.

We slept in late. I made scrambled eggs (spinach and sour cream in the eggs... lots of pepper to taste) and served those with bagels from the local bakery. Did some marital things. Took my wife to the fabric store. Made some pasta for dinner. Played video games. Marital stuff again. Bed.

I did check my 401(k) today, though.

I should have taken today off as well.
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Old 07-08-2008, 11:55 AM   #84
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Wait, are you alerting us that Wellesley will now begin falling in value a la USO?
No. That only applies to my holdings, not my mom's.
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Old 07-08-2008, 03:21 PM   #85
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What in the frig happened today? I'm gone all day and just turn on the tube to see where the DOW closed up 150 points. Crap, I was just getting use to banging my head up against a wall at the end of every day.
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Old 07-08-2008, 03:25 PM   #86
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Originally Posted by Marquette View Post
To close out my involvement in this thread.
We slept in late. I made scrambled eggs (spinach and sour cream in the eggs... lots of pepper to taste) and served those with bagels from the local bakery. Did some marital things. Took my wife to the fabric store. Made some pasta for dinner. Played video games. Marital stuff again. Bed.
I did check my 401(k) today, though. I should have taken today off as well.
You sure are doing lots of "marital things" there. What's your secret?
<snicker>
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Old 07-08-2008, 03:26 PM   #87
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What in the frig happened today? I'm gone all day and just turn on the tube to see where the DOW closed up 150 points. Crap, I was just getting use to banging my head up against a wall at the end of every day.
I think the market decided to finally celebrate oil's decline so my sacrifices wouldn't be in vain. (And I'm still long USO -- make of that what you will.)

In particular it looks like REITs were up 7-8%. What happened there?!?!
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"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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Old 07-08-2008, 03:42 PM   #88
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You sure are doing lots of "marital things" there. What's your secret?
<snicker>
I wish I knew... I think there was a blue moon yesterday.
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Old 07-08-2008, 03:49 PM   #89
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...not doing anything of true substance...
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Old 07-08-2008, 03:56 PM   #90
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You sure are doing lots of "marital things" there. What's your secret?
No secret. He took his wife to the fabric store.
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Old 07-08-2008, 05:37 PM   #91
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Ziggy if USO goes below 100 and the market continues to react to the drop I will take up a collection for you to show our gratitude.
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Old 07-08-2008, 06:09 PM   #92
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Hey that was kinda fun the vgsix I bought yesterday was up over 6% today looks like I'll be up (365x6%) 2,190% for the coming year.
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Old 07-08-2008, 07:32 PM   #93
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What in the frig happened today? I'm gone all day and just turn on the tube to see where the DOW closed up 150 points. Crap, I was just getting use to banging my head up against a wall at the end of every day.

bernanke spoke this morning and said he would extend the current emergency loans to 2009. the fed funds rate futures jumped and now predict higher rates earlier and that is good news for the dollar.

the short term technical indicators have been showing oversold for a while now and started to tick up a bit in the last week or so even though the market was falling. i think this was just an excuse to cover shorts
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Old 07-08-2008, 08:53 PM   #94
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We slept in late. I made scrambled eggs (spinach and sour cream in the eggs... lots of pepper to taste) and served those with bagels from the local bakery. Did some marital things. Took my wife to the fabric store. Made some pasta for dinner. Played video games. Marital stuff again. Bed.

My wife says "marital things" is vacuuming the carpet, washing the dishes, laundry. Not true? :confused:
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Old 07-08-2008, 09:03 PM   #95
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Hey that was kinda fun the vgsix I bought yesterday was up over 6% today looks like I'll be up (365x6%) 2,190% for the coming year.

Time to firm up those FIRE plans!
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Old 07-08-2008, 09:40 PM   #96
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Yesterday, I was looking at writing put options on some more banks. I stopped myself and said "no this is stupid you don't need to take any more risk".

Now normally when I want to do X but I talk myself out of it, I feel pissed when hindsight proves I was right. Today with most banks stocks up 5-10%, I don't feel any regret just relief. I guess this is a real bear market.
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Old 07-08-2008, 10:33 PM   #97
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My wife says "marital things" is vacuuming the carpet, washing the dishes, laundry. Not true? :confused:
Hey, if she wants to do those things first...

man, I am funny tonight.
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Old 07-09-2008, 11:25 AM   #98
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...Did some marital things...
Being in the stock market is like a marital thing as well.

Some days are good and some days are bad. And you know once in a while you're going to take a beating (non-physical), but you do it anyway.
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Old 07-09-2008, 11:58 AM   #99
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Being in the stock market is like a marital thing as well.

Some days are good and some days are bad. And you know once in a while you're going to take a beating (non-physical), but you do it anyway.
Mines physical, I bang my head up against a wall. Got a baseball size bump on my forehead as I type this.
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Old 07-09-2008, 12:01 PM   #100
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Mines physical, I bang my head up against a wall. Got a baseball size bump on my forehead as I type this.
They got this foam padding stuff you can get and it has..oh wait er nm
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