Market
 

Well there goes support of 10,000.... Whats next...8000? Hang on folks,,, Anyone see any other support in there,,,?

fack me it's going to be another rough week.

Yup,,, and it keeps eroding away too,,,,BOHICA :bshake::bshake:

alot of fortunes made and lost today.

carnage

Where's Fishpoopoo? Exit window left?

probably prepping the noose knots about now :shocked:

My retirement just went down the dumper. I may have to find someone that is willing to hire an old fart that can just about get around. I think this adminisrtration has crippled the future generations. Possibly 4 generations just to pay for the fat cats.
The only thing golden in retirement is urine!!!!!

Why? Were you holding a lot of volatile stocks?

-spence

Isn't an Oversold Market the time for Opportunity,,,,,:hang:

Try and get a job working for the state.

in a fetal position, barfing my guts out. :fury:

september and october are sometimes very treacherous months for the stock market. it's partly seasonal.

typically, bottoms are reached in october, and in an election year, you can see the market take off from Nov to March. or something like that.

however, given the lousy state of our economy and the fact that we're dragging the whole world down with us :rotf2: , i would be short this b*tch in March.

ordinarly, the stock market discounts the end of a recession a year in advance, or something like that. most recessions are fairly brief - 9-12 months.

but i don't think we're in a "V" shaped recession. we're likely in a longer-lasting "bathtub" shaped recession. i hope i'm wrong. but i fear i am not.

as far as home prices go ... nationwide home prices are down 20% from their peak. i heard one knowledgeable estimate that ... "we're only halfway through this price adjustment." more suck to endure on that front, unfortunately.

I'd gladly take 20% down from the market peak.

In the stock market too.

Another pounding today,,,:humpty::humpty::humpty:

And going down today........big time....again.

Hope for support at 9000 ,,,

VIX index has been in the 50's for a few days now, so we shoul be close to tha bottom. When it (Finally) turns around back you can expect a significant increase.

Hope Monday,,, With a sell off prior,,,,

wishful thinking.

I just dumped a ton of money into my 5 year old son's 529 :hihi:

-spence

Right, it's been there before this year.

Smart move,, Time is on your side,,,

shoulda keep it as a ton of Kreugerands.

I agree.

There's 8500 fack me

almost time to start buying again. :happy:

Blood on the friggin highway. 8,612.48

If Iceland defaults we'll all be road pizza

OUCH
 

For the LOOOOOOOOOOOng term... 5yrs or more,,,

Better to buy for the long term now than it was to buy and hold 1 year ago.....:spin::spin:

Hopefully we are setting up for an incredible monday,,,, somehow I doubt it though

its over.......
 

It's over, the markets will not recover in our or our children's lifetime.

maybe 1000 pts DOWN

YUP
 

:agree: I totally agree,,, But since no one can call the bottom and with the swings we get from day to day that may all happen in one or two sessions,,,

Lets face it there is NO guarantee that we will find support at that level,,,(7500) We are really in uncharted territory...

I am sure there are a few guys in here that have a very good idea of what we might see the next few session,,,,

And you sure as hell don't want to get your investment advise from me,,,,:hs::hs: