Looks like another 100+ loss day for the Dow.

[a kennedy]

D*mn my retirement fund is not going to last at this pace. D*mn :grr: :grr: :grr:

[fasttense]

1. Took all my money and went home about three months ago.

When I realized I was playing with my opponents stack deck, I gave up on the market. These repukes can't stand to let anything function freely not even the free market.

[Warpy]

2. The Dow has been FLAT since 1999

It dived post 9/11, but that was predictable. The only people who lost were the ones who panicked and sold low. The fluctuations may look extreme, but it's been hovering between 9500-11300 forever.

That's the one thing Stupid's tax cuts for the rich did, support the Dow.

So don't look at those day to day fluctuations. You'll only make yourself crazy if you do. Look at the trends for various stocks in your 401K. If they seem to be consistent losers, it's time to dump them in favor of something that has at least held its value.

The market is a rigged game and the advantage lies with the house, not us. However, we can hitch a ride and do fairly well if we're not prone to panic and resist manipulation.

[PoBoy321]

3. I'm not concerned

For starters, I don't think that the Dow is the best indicator of market strength (although none of the others are doing spectacularly right now either). Secondly, in the grand scheme of things a 10% drop over the course of a week sounds a lot worse than it really is. Compared with its performance in 2003, the Dow is still going strong and it seems to have a lot of room for growth.

[checkmate1947]

4. U have to understand it

The upper 1% want to keep it that way, they don't mind you investing, they just don't want you to get to rich, that way they would have to share power with you,

[MadHound]

5. Well, it's not suprising

Oil markets going up, putting inflationary pressure on the rest of our economy. Combine that with ME war jitters, and presto, the markets drops like a rock. I'm just wondering if it will fall fast and far enough that trading will automatically be halted.

And with Israel flexing its muscle, I suspect that this is just the start of the market slide.

[rocktivity]

6. Wow--and Bush isn't even making a speech

Remember the good old days when they would do a split screen of Bush making a speech and the Dow numbers plummeting like a stone? A DU-er christened it "the piehole effect"!

:headbang:
rocknation

[skipos]

7. save your money for the next Dem president

as they are better for the economy and better for the stock market.

Forbes has some ratings of economic properity that verify this.

"Not surprisingly, Bill Clinton tops the magazine's prosperity chart. He is followed by two other Democrats – Johnson and Kennedy. The first Republican to show up is Reagan, who comes in fourth. No Democrat finishes lower than seventh (Truman), and the last three spots are all occupied by Republicans (Nixon, Eisenhower and George H.W. Bush). On a scale of one to eleven (one being Bill Clinton, eleven being the elder Bush), Democrats have an average ranking of 3.8, Republicans of 7.8."

http://www.americanprogressaction.org/site/pp.asp?c=klLWJcP7H&b=131769

That probably explains why democrats are better for the stock market too.

DOW SINCE 1901
Republican years Avg. annual change 6.9%
Democratic years Avg. annual change 13.3%
Source: Stock Trader's Almanac 2005

http://www.usatoday.com/money/perfi/columnist/krantz/2005-12-02-presidents_x.htm

[Yavin4]

8. The Dow Won't Break Past 11,500 Any Time Soon

It took massive interest rate cuts just to get it from the nadir in 2001 to where it is now. However, interest rates are being reversed due to inflation. Higher rates constrains the growth of the Dow.

[Ilsa]

9. I have one fund that has done well over the last 6-7 years.

And it is an energy fund. Of course. Everything else pretty much sucks rotten eggs.

[SheilaT]

10. What I find most amazing is

that the common wisdom out there is that there's more prosperity when Republicans are in power. One of these days I'll have to talk to my right-wing stock broker about this.

[PoBoy321]

12. I don't even think that's the common wisdom

People have always told me "If you want to live like a Republican, vote for a Democrat."

[SheilaT]

14. I'd suggest that the saying

about to live like a Republican is less widely known than it should be, or than your experience suggests. Probably all the people who tell you that are not themselves Republicans, least of all of the right-wing kind.

I heard just yesterday on NPR that the most recent job creation numbers (I think it was 100,000 for some recent month) were still not enough to keep up with population increase. And I do believe, despite all the current hype about how well the economy is doing, that there is a large number of people who are much worse off than they used to be. How many have lost good jobs, and what they can now get pays less well (even if only a little less) and has fewer benefits? There are those who are doing much better, and in my personal case my husband's pay (I've been a stay-home mom for some time) has kept up with inflation. The numbers that the Bush administration claims shows we're collectively doing better are probably greatly skewed by increases at the top.

[Amonester]

11. The New Oracle sez: "Don't buy anything close to any seashores"

'cuz "The Hot-Waterz R A-Rizin'" :grr:

[AlCzervik]

13. wait until next week when earnings come out, i don't it's going to get

a whole lot better. My 401k is getting lower and lower.