Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Panic: S&P down over 6%, Dow down over 5%
Bloomberg Terminal | 10/6/08 | Me

Posted on 10/06/2008 7:45:09 AM PDT by Thane_Banquo

click here to read article


Navigation: use the links below to view more comments.
first previous 1-20 ... 361-380381-400401-420421-439 last
To: sarasota
I actually believe that a depression would be good for America's soul, none of the young folks understand bad times and consequently haven't acquired the lessons of the school of hard knocks. Their priorities are way out of wack.

Tough times build character and wisdom and the younger generations are short of both.

421 posted on 10/06/2008 1:57:19 PM PDT by Daryl L.Hunter (Pacifists are the unwitting ally of the enemy!)
[ Post Reply | Private Reply | To 247 | View Replies]

To: Abigail Adams
looked at IBD’s web site, and there’s an article about how it’s better to stay in the market and ride the lows so you don’t miss out on the “best days”

My daughter pointed that one out to me; it was in the mutual funds section and we immediately put part of an IRA into an S&P index fund.   Since then we've watched it loose money for us but mutual funds are not like stocks; they're more of a 'buy-and-hold' type investment while a stock is a 'dump-it-if-it-drops' type so we're OK with it....

422 posted on 10/06/2008 2:00:06 PM PDT by expat_panama
[ Post Reply | Private Reply | To 344 | View Replies]

To: DannyTN
...an effort to educate FR on banking. OK clearly I suffer from delusions of grandeur...

LOL!

Please ping me next time you're in one of those chats because those are the situations I really like.  For sure I'm not hoping to change anyone's mind, but it's in the act of reexamining my own understandings where I learn so much.

423 posted on 10/06/2008 2:06:14 PM PDT by expat_panama
[ Post Reply | Private Reply | To 341 | View Replies]

To: All

Thanks everyone for the good advice!


424 posted on 10/06/2008 2:21:53 PM PDT by bluebunny
[ Post Reply | Private Reply | To 405 | View Replies]

To: Daryl L.Hunter

In that sense, you’re right. Kids have no idea what tough times look like and while I’m trying to teach my daughter (who is old enough to understand), it will take a reality check to get the message through.


425 posted on 10/06/2008 2:32:02 PM PDT by sarasota
[ Post Reply | Private Reply | To 421 | View Replies]

To: PAR35; bamahead; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; Roy Tucker; GOPJ; ..

The Money, Banking, and Financial Markets Ping List.

FR Keyword: moneylist

This can be a high-volume ping list at times.

To join, send Freepmail to rabscuttle385.

426 posted on 10/06/2008 2:33:01 PM PDT by rabscuttle385 ("Please sir, may I have another!")
[ Post Reply | Private Reply | To 1 | View Replies]

To: frankenMonkey

“This just in... Cramer over at NBC told everyone to sell everything as fast as possible.”

Did he yell booooyah while doing it?


427 posted on 10/06/2008 5:12:12 PM PDT by RKBA Democrat (Lord Jesus Christ, Son of God, have mercy on me, a sinner!)
[ Post Reply | Private Reply | To 33 | View Replies]

To: NVDave

“What you’re seeing is a deflation as a result of de-leveraging. If this isn’t turned around soon and consumers are convinced to spend, you will see at least a very bad recession.”

Yup. What you’re seeing is the massive destruction of debt by the capital markets.

Perhaps next time we’ll learn.


428 posted on 10/06/2008 5:15:09 PM PDT by RKBA Democrat (Lord Jesus Christ, Son of God, have mercy on me, a sinner!)
[ Post Reply | Private Reply | To 44 | View Replies]

To: Thane_Banquo
Throw more money into the blaming pits. We'll smother the fire with cash! Get shoveling, Weimar or bust!

Full speed ahead on the orders of the rump-ranging dead-faggots-society. A taxpayer in every pot.

429 posted on 10/06/2008 5:26:35 PM PDT by M203M4 (True Universal Suffrage: Pets of dead illegal-immigrant felons voting Democrat (twice))
[ Post Reply | Private Reply | To 1 | View Replies]

To: M203M4

Back from the grave to piss on capitalism one last time. Should have been felled by AIDS in his youth.

430 posted on 10/06/2008 5:30:14 PM PDT by M203M4 (True Universal Suffrage: Pets of dead illegal-immigrant felons voting Democrat (twice))
[ Post Reply | Private Reply | To 429 | View Replies]

To: frankenMonkey

I’m in a stock that has a buyout already done for 11.25 a share. Today it is trading for 9. I would buy all I could if I wasn’t full on in cash(oh well I’m 31).. but when the merger goes through I can go on a buying spree.. it will be like Christmas, no not in July this one will actually be at Christmas.


431 posted on 10/06/2008 7:48:53 PM PDT by Almondjoy
[ Post Reply | Private Reply | To 33 | View Replies]

To: Thane_Banquo

“This is no social crisis, just another trick day for you”.


432 posted on 10/06/2008 8:16:30 PM PDT by chuknchez
[ Post Reply | Private Reply | To 50 | View Replies]

To: Thane_Banquo

Thank you Congress and President Bush:

http://market-ticker.denninger.net/


433 posted on 10/06/2008 8:33:49 PM PDT by TheBattman (A vote for the "lesser evil" is still a vote for evil!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: WOSG

I used to trade straight futures, but commodity margin prices have skyrocketed compared to what I could deal with back in 2006.

So now its hard to get in on either side of the market if you’re a little guy.


434 posted on 10/06/2008 9:43:03 PM PDT by valkyry1 (McCain/Palin 2008)
[ Post Reply | Private Reply | To 336 | View Replies]

To: nicola_tesla

Gee Nickie , why did the market come up this afternoon ??
Stop peddling the doom and gloom.


435 posted on 10/06/2008 9:50:56 PM PDT by ncalburt
[ Post Reply | Private Reply | To 230 | View Replies]

To: marshmallow

Keep sucking down the doom and gloom kool aid peddling by Soros .


436 posted on 10/06/2008 9:52:03 PM PDT by ncalburt
[ Post Reply | Private Reply | To 224 | View Replies]

To: marshmallow
It was triggered by mortgage defaults which lit the fuse on the huge credit default swap explosion. This is bigger than Paulson, the Dems and the government. They're just trying to keep the lid on a powder keg.

Which makes a bigger boom: an open pile of gunpowder, or a tightly-sealed can holding the same amount of gunpowder (ignited either electronically, or by cooking off, or whatever)? How about a sealed cast iron vessel?

437 posted on 10/06/2008 11:49:10 PM PDT by supercat
[ Post Reply | Private Reply | To 224 | View Replies]

To: Dick Bachert

yep


438 posted on 10/07/2008 4:43:34 AM PDT by publiusF27
[ Post Reply | Private Reply | To 34 | View Replies]

To: ncalburt

Ever hear of the Principle of Maximum Ruin ? No ? Go read about it - you’ll soon see it in action just as they did from 29-33.

You can also thank the shorts; they’ll always put a floor under a market.

But go ahead, drink the Kool-aid; sold to you !


439 posted on 10/07/2008 6:02:01 AM PDT by nicola_tesla (www.fedupusa.org)
[ Post Reply | Private Reply | To 435 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-20 ... 361-380381-400401-420421-439 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson