Stock market

YIKES :evil: :!: :evil:

 

My personal list of 50 stocks that I follow every day show 1 up and 49 down for yesterday. So much for my ideas...

 

time to sweep into mm's until this is over

 

My portfolio is down across the board. Cash sitting in money market until further notice.

 

Hang in there fellas...this too shall pass. Listening to the gloom and doom posted here it sounds like capitulation is complete....typically a great time to buy!

My own sense is that this was a healthy and somewhat overdue correction that has been overbaked. I look for a meaningful bounce soon....

Terry

 

more then a correction..this is big time serious stuff.

 

Jiffy,
If I remember correctly your last prediction was for Dow 5000 just prior to the run up to Dow 11,700. I think I'm going to start calling you Little for short. :roll:

By any historical perspective, a 10% correction is not only within the realm of possibility, it's a reasonable and likely expectation. The Dow would need to fall another 200 points or so and the S&P 500 another 30 before reaching the 10% mark.

The market goes up....the market goes down.....stay diversified and take advantage of downs to buy and any ups to sell and the sky will stay forever above you!

It sucks during times of weakness, but it is the nature of the beast and always remember, it goes up more than it goes down.....hang in there.

 

Another day, another ass kicking.. I'm hanging in because I have no choice but right now I'm simply hanging

 

:roll: :wink:

 

DOW will hit below 10,000 in a month or two. That's a given. Enjoy the summer and don't bother with the market.

 

OK, Tailback, I'll bite....given by whom and why?

That would give the Dow a p/e multiple of just over 13x current year earnings. The last time we saw that kind of undervaluation was 1989 with the 10 year yielding 8.25% or so....the Dow quadrupled in value over the next decade. I'd take a repeat performance.....bring it!

Terry

 

TB..it will be a lot sooner then a month... :roll: whats latest with your venture? j

 

Jif, Nothing to report here. It's going very slow.

 

Dow within 60 points of an ALL-TIME record closing high. Thoughts?

Terry

 

8)
The economy is as good as it has ever been in the history of the country. Housing prices and energy costs are diving down, so inflation seems to be dead in the water...

I look for modest business expansion and the stock market to trend upwards slowly for the next two years...

 

Good morning Buckeye!! All is well again!! jif

 

JO'Co, great minds think alike....very consistent with my own thoughts. Let's keep our fingers crossed!

Terry

 

8) 8) 8) 8) 8)

Good stuff going on here fellas...anybody watchin'?

Terry

 

All of my stuff is up, because I've just been holding everything without selling. My best non-maneuver has been holding on to a small stock, ANST, which is up 35% from where I bought it earlier in the year...

 

I don't have a winner like that JO'Co, but nice steady growth. And just think I'm not rich...even the little guy can win under Bush!!

Terry