Sooo, is Wall Street crashing?

[Barack_America]

I'm really enjoying my morning coffee and have decided not to look.

But I'm a little concerned about my 0 dollars and 0 cents worth of investments though, lol.

:donut:

[protect our future]

1. You should take a look. It's good.

[protect our future]

3. And I just bought some stock.

[protect our future]

7. But who knows what the market will look like by the end of the day!

[AllentownJake]

13. Dead Cat Bounce

http://en.wikipedia.org/wiki/Dead_cat_bounce

Nothing has changed since Monday economically.

[ITsec]

24. Where do they keep getting all these dead cats? n/t

[zbdent]

28. Bill Frist knows a guy ...

[volstork]

33. LOL!

:rofl:

[SCantiGOP]

2. My 401k

is now a 201k

[protect our future]

5. My house value resembles your 401k/201k situation. Ugh.

[Barack_America]

10. I'm so sorry about that.

I hope you don't need it for a number of years so it will hopefully recover?

:shrug:

[Jackpine Radical]

4. I have $2k in a bear fund. It goes up when the market goes down.

It's going up.

It's my only direct investment, other than what I have in a guaranteed -payout retirement fund.

[midnight]

6. This is not a sarcastic question, but one of complete

sincerity. How do you know that payout for your retirement fund is guaranteed? So much of what is suppose to be is blown away by new laws and other methods of trickery.

[Jackpine Radical]

38. It's guaranteed by the state; it's a defined-benefit plan, not defined-contribution.

Nothing is absolutely guaranteed in life, but the state would have to go broke or something for me to lose that small retirement.

[earthside]

8. Market UP

Of course, billions and billions of dollars from the world's central banks are pouring into markets to pump them up.

Look for lots of "we may be seeing the formation of a bottom" talk from the investment advisors on CNBC.

But, it will be for nothing ... too much debt ... it will all unravel eventually.

Remember, if you still own stocks -- sell into the rallies -- here's your chance.

[protect our future]

11. I'm buying.

[democrat2thecore]

17. Just stay the hell out of anything close to the financial sector (duh) -nt

[protect our future]

45. Too late! I have Bank of America; got it dirt cheap awhile back.

[nolabels]

23. They are halving or better the value of others hold on currency to pay personal buddies debts

Gentlemen, start your presses

[five_horizons]

9. My grandmother gave me a savings bond when I was a kid

I get $25 in 2013, so that'll be good.

[TEXASYANKEE]

32. Wedding Singer

Loved it.

[AllentownJake]

12. Dead Cat Bounce

http://en.wikipedia.org/wiki/Dead_cat_bounce

[protect our future]

16. Maybe, maybe not. We can only tell that in hindsight, right?

[AllentownJake]

19. I think AIG was just the tip of the iceberg

Hope I'm wrong. Remember 5 months ago Bear Stearns buyout was supposed to "fix everything"

All I can say is I'd hate to be a big 4 accountant right now doing audits.

[vaberella]

14. The market just exploded upwards and it's leveling

Morgan Stanley is probably going to be bought by China.I always find those entertaining. Where are debt is sold to a foreign owner.

Nothing to worry about. There's no way China would allow the American market to collapse and everyone would try to help regulate the market.

[Julius Civitatus]

15. Morgan Stanley bought by China? Now that's a comforting thought!

Seriously. Soon enough China will own us!

[protect our future]

18. And then we'll be the country that China outsources to.

[AllentownJake]

21. HA!

Not likely...other than securities professionals that have to be licensed in the US.

[Barack_America]

41. It could happen.

But it would take a hell of a long time to make that population sufficiently middle class enough to where they'd start turning over jobs to us. And if the Chinese lift their reproduction cap, forget about it.

[AllentownJake]

42. No most jobs would be shipped to China

anything not requiring a securities license would become chinese.

[Barack_America]

27. Hey man, at least we'd have jobs.

That sort of situation might just work out great for the middle class. Look at India and China. What is the most striking difference between themselves and us? A thriving middle class.

Outsourcing seems to do the middle class very good (as long as you're on the receiving end, that is).

[SeaLyons]

20. I think they pretty much already do. n/t

[Barack_America]

25. They already do.

Much of our current national debt? Yep, China.

The money we got to bail out Bear Sterns, Fannie/Freddie and AIG? Yep, China.

Bush and Cheney sold us to China, no question.

[vaberella]

31. I think that's basically the plan. Get your Mandarin in order. Zài Jiàn (goodbye)

I'm already learning and my sister works for their institute. So hmmm, I gave up the fight. I'm loving Korean more.

[progressivebydesign]

22. Nope. It's climbing back up. The stock markets is meant to be a long term affair.

And it's not the entire economy, but people confuse it as such.

[goldcanyonaz]

29. Yep, and a stormy love affair at times. If one doesn't like the risk they should invest in bonds.

[uponit7771]

26. AIG is being taken out of the DOW 30, we don't know yet if Kraft is picking it up

[high density]

37. that's not till next week.

[gauguin57]

30. Keep this Web site open, and refresh periodically.

http://finance.yahoo.com/

DJ average up 63

[AlCzervik]

34. the dow just went into the red as i read your op---not kidding.

[Marrah_G]

36. Dipped down to -30, now starting to climb a little again.

[Barack_America]

40. Careful about admitting that...

The investors may come after you for "witchcraft" or giving the stock market the evil eye.

;)

[Marrah_G]

35. Starting to fall again. At -16.85 right now

[Marrah_G]

39. -117

[AllentownJake]

43. Dead cat bounce

called it earlier today. Though its at +70 right now.

[Blue_In_AK]

44. Rather like a yo-yo today.

[protect our future]

46. NYSE up 410 today when the market closed. Big end-of-the-day rally;

that means institutional investors, mutual funds, big money.

[earthside]

47. It's a Casino With Other People's Money

When this crappy plan of Paulson's -- to unload all the bad debt onto the American taxpayer -- is killed because it is so stupid, the market will drop a thousand points.

Place your bets -- red or white, odds or evens -- the wheel goes 'round and 'round.