Posted on 01/20/2006 12:28:41 PM PST by SierraWasp
2:01PM Dow turns negative for 2006 ($INDU) by Tomi Kilgore
NEW YORK (MarketWatch) -- The Dow industrials ($INDU) was last down 173 points at 10,707, and has turned negative for 2006 for the first time. It closed out 2005 at 10,717.50. The Dow has now lost 336 points since closing at a 4 1/2-year high on Jan. 11, and is on course to close at its lowest level since Nov. 16.
Remember to "buy low!" Back up the US Stock Funds Truck!!!
Nooooooooooo!!!!!!!!!!!!!!!!!!!!!!!!!!!
Iran Moving Currency As Pre-Emptive Move
http://www.breitbart.com/news/2006/01/20/D8F8IGAG7.html
Buy Ping!!!(This is NOT advice and is worth exactly the amount you are paying me!!!)
Yeah, well, my Haliburton stock is up 5.38% today. Keep on makin' me money Cheney!
Owl_Eagle(If what I just wrote makes you sad or angry,
Tomorrow, The TODAY show will tell us it's Bush's fault.
According to my research, the market goes up and down.
Some days it's up.
Some days it's down.
Stay with me, folks. This took years of work.
Oh. I see it's down today.
Carry on.
Would someone confirm this since I am not an expert: I once heard someone say that real estate and the stock market compete for the same dollars and therefore if one goes up it will force dollars out of the other.
Of course if the government prints money like a drunken counterfeiter, all bets are off...
Iran is really playing hell on the markets.
Couple that with Asian dollar dumping, and we are in for a bumpy ride!
(Buy low)
Its always Bushs fault unless somehting good happens (sarc astic)
Yea all the oil is up today. Kinda spooky on the rest of the market. At least the GOOGle insanity is popping some...
If you have MONEY in the Market, and you are worried, THEN get the hell out of the market and buy CD's.
Don't worry be Happy !!!
Isn't it odd that every year, the stock market goes up the first week of January, and invariably ends up lower within the next three weeks?
Why don't we all make money on this, it's like clockwork?
There will also most likely be a peak sometime in March, and another one in November.
I just sold $50,000 in shares from an investment grade short term bond fund and purchased $50,000 worth of shares in several equity funds that I already own.
I know, but I was on here the other day cheering when the Dow went above 11,000, and all the buying opportunities seemed to be drying up in the large cap US mutual fund arena, so I thought I should play fair and post something about all the new room for more buying at attractive prices again!!!
Almost down 210 points.
The market will close at 4:00 pm EST, same as always.
You're right. Yet it's tough to keep one's balance after the market plunge in the 90's and the possibility that it will tank again.
Money always goes where it's treated best. That's an old Wall Street slogan.
Sooner or later, stocks will take the lead again after a dazzling performance in recent years by real estate.
Always remember this: Nothing goes up 15-to-20% annually forever. That goes for everything one can invest in.
I'd say today's downdraft is a good buying opportunity. That's what I've been doing all afternoon.
Cheers!
I think we'll be below 10,000 by Mar. 1st.
People in the know are talking about war with Iran within a few months.
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