Dow Breaks 10,000 Now What.?

whitedust

Well-known member
DOW down 100 & dropping this morning because BAC lost their <font color="ff0000">&#149;</font><font color="ff0000">&#149;</font><font color="ff0000">&#149;</font> on foreclosures. Heck I knew that before quartly report. A lot of banks still upside down & will be for a very long time. Seems goofy to react with a sell off based on BAC unless DOW is over valued at this time which is my opinion. Take profits & be happy & then ride up later in 2010. HFT is where the money flows.
 

frnash

Active member
<font color="0000ff">whitedust:
"Heck I knew that before quartly report."</font>
Shucks, I missed that, I only saw the pintly report!
happy.gif
 

whitedust

Well-known member
funny stuff nash how about Q3 report
happy.gif
Lot more Q3s due next week....we all will know more then but still think you take some profit now & not get too greedy. Always can ride back up later so take some cash now. Just can't make the most of stock market but holding any longer.
 

pfeifest

Member
I don't trust these numbers at all. The market has just come too far too fast. My company (large insurance) hasn't seen any sort of a turn-around that is for sure.

I bought silver (physical), silver stocks (SLW), Russian stocks (VIP, MTL), and dry bulk shippers back in April. Just have the silver, cash, and a few miscellaneous dividend stocks left.
 

kevisip

New member
A wise profit once told me, buy low sell high. Ever since that great advice I have been a multi multi millionaire. Buy gold, so I can sell.....please.
 

whitedust

Well-known member
A little bad news on Wells yesterday & went from positive to 96 negative in last 30 minutes. I think investors waiting for 2nd boot to drop & will flee as soon as the leather hits their butts. Very nervous market now be careful.....
 

marty__kms

New member
Listening to all this causes me great joy in the fact that I sold my home in Chicago in 2005, then cashed 15 years of 401K with a 4% match on 6 figure during 2005/2006. That partial 10% penalty feels pretty good now, LMAO now while livin in the U.P. eat nuts n’ berries, lucky is as lucky does.
 

jimjones

New member
hOpE-n-ChAnGe.

Somebody voted for it.

Well, back outside to pick my nuts. I now have to compete with the squirls.
 
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