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The Bear Officially arrived!
07-02-2008, 04:26 PM
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#1
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2007
Posts: 5,072
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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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07-02-2008, 04:40 PM
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#2
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Thinks s/he gets paid by the post
Join Date: Sep 2006
Posts: 2,844
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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!
MarketBeat : Like a Rock...Tied to Your Feet
__________________
But then what do I really know?
https://www.early-retirement.org/forums/f44/why-i-believe-we-are-about-to-embark-on-a-historic-bull-market-run-101268.html
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07-02-2008, 04:47 PM
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#3
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2007
Posts: 5,072
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Lost decade!
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07-02-2008, 06:04 PM
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#4
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Moderator Emeritus
Join Date: Feb 2006
Location: San Francisco
Posts: 8,827
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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.
__________________
Rich
San Francisco Area
ESR'd March 2010. FIRE'd January 2011.
As if you didn't know..If the above message contains medical content, it's NOT intended as advice, and may not be accurate, applicable or sufficient. Don't rely on it for any purpose. Consult your own doctor for all medical advice.
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07-02-2008, 06:13 PM
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#5
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Recycles dryer sheets
Join Date: Apr 2005
Posts: 415
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__________________
Mens ability to see the future is limited by their horizons of today!
Unknown!
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07-02-2008, 06:17 PM
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#6
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Moderator Emeritus
Join Date: Feb 2005
Location: San Diego
Posts: 5,267
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 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.
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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. 
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07-02-2008, 06:23 PM
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#7
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,072
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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? 
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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07-02-2008, 06:25 PM
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#8
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Moderator Emeritus
Join Date: Feb 2005
Location: San Diego
Posts: 5,267
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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.
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07-07-2008, 05:49 AM
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#9
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Recycles dryer sheets
Join Date: Jun 2008
Posts: 184
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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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07-07-2008, 06:20 AM
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#10
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Full time employment: Posting here.
Join Date: Sep 2006
Location: Pocono Mtns.
Posts: 899
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Actually the bear arrived here, on my porch, a few weeks ago.
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07-07-2008, 10:31 PM
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#11
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gone traveling
Join Date: May 2008
Posts: 3,864
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The S&P is (bearly) still in a bull market...
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07-08-2008, 01:32 AM
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#12
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2007
Posts: 5,072
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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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