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Open below 7000?
Old 03-01-2009, 06:49 PM   #1
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Open below 7000?

I do sincerely apologize for the recent downturn in the market.
I bought equities for the first time since 8/2007 on 2/20 and 2/23 so I feel responsible for the sudden crash.
I should have warned everyone in advance.
My bad.
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Old 03-01-2009, 07:14 PM   #2
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Quote:
Originally Posted by Hal3 View Post
I do sincerely apologize for the recent downturn in the market.
I bought equities for the first time since 8/2007 on 2/20 and 2/23 so I feel responsible for the sudden crash.
I should have warned everyone in advance.
My bad.
What's done is done.
When do you plan to sell?
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Old 03-01-2009, 07:22 PM   #3
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Quote:
Originally Posted by Hal3 View Post
I do sincerely apologize for the recent downturn in the market.
I bought equities for the first time since 8/2007 on 2/20 and 2/23 so I feel responsible for the sudden crash.
I should have warned everyone in advance.
My bad.
Did you sell all your equities in 8/07 or just haven't bought any more?
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Old 03-01-2009, 11:26 PM   #4
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Good old Bob Stovall. He was on Louis Rukeyser's show over the years. Here is take on the economy and stock market.

Nightly Business Report . "Market Monitor"-Robert Stovall, Managing Director & Strategist at Wood Asset Management | PBS
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Old 03-02-2009, 04:50 AM   #5
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phew! i thought i caused it when i bought last week
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Old 03-02-2009, 08:39 AM   #6
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Congratulations on your call for an open below 7000, and condolences for having bought. This may be the first time that someone besides me caused the market to go down by buying at the "low."
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Old 03-02-2009, 11:50 AM   #7
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on the bright side, perma-bear bob prechter said recently to close out your shorts if you have any. don't have a link, but read a summary of this in the last week somewhere
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Old 03-02-2009, 12:26 PM   #8
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Congratulations on your call for an open below 7000, and condolences for having bought. This may be the first time that someone besides me caused the market to go down by buying at the "low."
I bought at the low, too. Back at DOW 11,000.
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Old 03-02-2009, 04:01 PM   #9
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I thought 8150 was the bottom
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Old 03-02-2009, 04:18 PM   #10
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I thought 8150 was the bottom
You must be dyslectic.
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Old 03-02-2009, 04:25 PM   #11
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We could do a song about the Dow to the tune of "In The Year 2525", but going in reverse: "When the Dow's 9595...."
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Blame me!
Old 03-02-2009, 04:32 PM   #12
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Blame me!

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Did you sell all your equities in 8/07 or just haven't bought any more?
I liquidated my entire IRA to cash 8/2007.
Luckiest day of my life.
I printed out the email to my Smith Barney guy for framing.
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Old 03-02-2009, 07:59 PM   #13
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I liquidated my entire IRA to cash 8/2007.
Luckiest day of my life.
I printed out the email to my Smith Barney guy for framing.
You lucky SOB! Were all asking why in the heck didn't we go to cd's.
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Old 03-07-2009, 03:20 AM   #14
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Well .. my little venture into equities is down just over 10%.
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