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07-08-2008, 08:25 AM
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#81
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2006
Location: west coast, hi there!
Posts: 7,218
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 Quote:
Originally Posted by CitricAcid
... 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.
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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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07-08-2008, 09:38 AM
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#82
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,742
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Quote:
Originally Posted by ziggy29
That reminds me. It's about time to move another chunk of my mom's inherited IRA money from the Vanguard MMF to Wellesley.
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Wait, are you alerting us that Wellesley will now begin falling in value a la USO? 
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07-08-2008, 09:51 AM
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#83
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Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 2,020
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Quote:
Originally Posted by Marquette
I'm going to take the day off from work and have a nice breakfast
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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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07-08-2008, 10:55 AM
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#84
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Moderator
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,475
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No. That only applies to my holdings, not my mom's. 
__________________
"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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07-08-2008, 02:21 PM
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#85
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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: 8,654
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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.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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07-08-2008, 02:25 PM
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#86
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Recycles dryer sheets
Join Date: Nov 2007
Posts: 95
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Quote:
Originally Posted by Marquette
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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You sure are doing lots of "marital things" there. What's your secret?
<snicker>
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07-08-2008, 02:26 PM
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#87
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Moderator
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,475
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Quote:
Originally Posted by Dawg52
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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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?!?!
__________________
"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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07-08-2008, 02:42 PM
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#88
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Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 2,020
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Quote:
Originally Posted by bentley
You sure are doing lots of "marital things" there. What's your secret?
<snicker>
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I wish I knew... I think there was a blue moon yesterday.
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07-08-2008, 02:49 PM
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#89
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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__________________
Have Funds, Will Retire
...not doing anything of true substance...
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07-08-2008, 02:56 PM
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#90
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2006
Posts: 12,880
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Quote:
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You sure are doing lots of "marital things" there. What's your secret?
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No secret. He took his wife to the fabric store.
__________________
Al
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07-08-2008, 04:37 PM
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#91
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,742
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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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07-08-2008, 05:09 PM
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#92
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Full time employment: Posting here.
Join Date: Mar 2007
Posts: 577
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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.
__________________
I highjacked a rainbow and crashed into a pot of gold - Bon Jovi
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07-08-2008, 06:32 PM
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#93
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Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 1,543
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Quote:
Originally Posted by Dawg52
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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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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07-08-2008, 07:53 PM
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#94
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Full time employment: Posting here.
Join Date: Feb 2008
Posts: 736
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Quote:
Originally Posted by Marquette
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.
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My wife says "marital things" is vacuuming the carpet, washing the dishes, laundry. Not true? :confused:
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07-08-2008, 08:03 PM
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#95
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Recycles dryer sheets
Join Date: Jun 2008
Posts: 94
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Quote:
Originally Posted by Darryl
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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Time to firm up those FIRE plans! 
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07-08-2008, 08:40 PM
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#96
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2006
Posts: 7,555
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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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07-08-2008, 09:33 PM
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#97
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Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 2,020
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Quote:
Originally Posted by Ronnieboy
My wife says "marital things" is vacuuming the carpet, washing the dishes, laundry. Not true? :confused:
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Hey, if she wants to do those things first...
man, I am funny tonight.
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07-09-2008, 10:25 AM
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#98
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Thinks s/he gets paid by the post
Join Date: Feb 2004
Posts: 2,670
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Quote:
Originally Posted by Marquette
...Did some marital things...
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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.
__________________
No man is free who is not master of himself. --- Epictetus
Enjoy Yourself (It's Later Than You Think). --- Guy Lombardo
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07-09-2008, 10:58 AM
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#99
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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: 8,654
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Quote:
Originally Posted by retire@40
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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Mines physical, I bang my head up against a wall. Got a baseball size bump on my forehead as I type this.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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07-09-2008, 11:01 AM
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#100
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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They got this foam padding stuff you can get and it has..oh wait er nm
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