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03-01-2009, 05:49 PM
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#1
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Recycles dryer sheets
Join Date: Jun 2008
Posts: 184
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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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03-01-2009, 06:14 PM
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#2
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2003
Posts: 5,105
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 Quote:
Originally Posted by Hal3
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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What's done is done.
When do you plan to sell?
__________________
Sometimes death is not as tragic as not knowing how to live. This man knew how to live--and how to make others glad they were living. - Jack Benny at Nat King Cole's funeral
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03-01-2009, 06:22 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 2005
Location: Central MS/Orange Beach, AL
Posts: 8,931
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Quote:
Originally Posted by Hal3
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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Did you sell all your equities in 8/07 or just haven't bought any more?
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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03-01-2009, 10:26 PM
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#4
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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: 8,931
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__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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03-02-2009, 03:50 AM
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#5
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2005
Posts: 5,704
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phew! i thought i caused it when i bought last week
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03-02-2009, 07:39 AM
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#6
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Thinks s/he gets paid by the post
Join Date: Aug 2002
Posts: 1,322
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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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03-02-2009, 10:50 AM
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#7
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Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 1,543
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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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03-02-2009, 11:26 AM
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#8
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Full time employment: Posting here.
Join Date: Sep 2006
Location: SoCal
Posts: 909
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Quote:
Originally Posted by FinallyRetired
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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I bought at the low, too. Back at DOW 11,000. 
__________________
I can't complain, but sometimes I still do.
- Joe Walsh
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03-02-2009, 03:01 PM
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#9
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Recycles dryer sheets
Join Date: Dec 2007
Posts: 291
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I thought 8150 was the bottom 
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03-02-2009, 03:18 PM
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#10
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 49,396
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__________________
Numbers is hard
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03-02-2009, 03:25 PM
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#11
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
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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...."
__________________
"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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03-02-2009, 03:32 PM
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#12
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Recycles dryer sheets
Join Date: Jun 2008
Posts: 184
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Blame me!
Quote:
Originally Posted by Dawg54
Did you sell all your equities in 8/07 or just haven't bought any more?
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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.
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03-02-2009, 06:59 PM
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#13
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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: 8,931
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Quote:
Originally Posted by Hal3
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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You lucky SOB!  Were all asking why in the heck didn't we go to cd's. 
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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03-07-2009, 02:20 AM
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#14
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Recycles dryer sheets
Join Date: Jun 2008
Posts: 184
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Well .. my little venture into equities is down just over 10%.
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