Ah, what the hell.
To Pack93z-- Remember, under all is the land. It is finite, and everyone must live somewhere.

To everyone else-- If you take a shovel, stab it into the ground at about a 45 degree angle, flip it over in a forward motion and let the shovel weight hold the clump, you are now free to reverse your angle of attack, squat and do your business. Take your newspaper (if any left on the planet), wipe yourself, and place the discard in the hole. Release the shovel- the clump will re-orient to it's original position of it's own volition... now stomp the clump. Since we're goin' campin', I thought I'd pass along some practical tips... you might want to bring along your 401k Statement to get true value for your investments... if you start wadding it up upon receipt, it will be nice and soft when utilized.

Now's a great time to be robbing folks. All you need is a shovel and access to their backyard.

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personally i'm very happy to have invested in my good ole illinois farmland. since i bought it 7 years ago, the value has more than doubled & i owe nothing on it. even if farmland prices are hit i should still be sittin pretty. good black soil - nothin like it!! 😃 😃

I work in a 401k call center and we've been nuts for the past 2+ weeks. Personally, I'm upping my 401k contribution. I am 22, but I feel so bad for the people who were looking at retirement in the next couple of years. They should still hold on to their stocks in hopes of recouping before finally calling it quits. The market is on sale, and I'm buying up what I can afford. What this event truly indicates is the futility of government intervention. Nothing can overpower the invisible hand. It had to crash to correct itself, and no 700/850 billion dollars can change that. Both parties seem to be equally to blame while neither wants to take responsibility. Democrats pushing the subprime mortgages, Republicans calling for deregulation. Of course the private sector is the most guilty. Wall Street, thanks for being greedy. Main street, thanks for being dumb.

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I detect a strong stench of evil emanating from the equities market. The heaviest trading seems to be occuring as the closing bell looms, all of it extremely bearish. A rally is hard to come by anyway, much less at the end of the day. A big down day garners more negative media attention, the overseas markets react negatively, thereby perpetuating the downward spiral. A 22 year old with surplus income is probably the most qualified to delve into this market, and could conceivably get rich quick, relatively speaking. I would still be very careful if in those shoes. This shit is extremely scary, looks to me like we are going to go ahead and skip right through a recession and delve into the arena of a great depression. It is going to suck, I'll bet.

Getting rich quick isn't really my goal since I have 40+ yrs til retirement. Just capitalizing upon an opportunity... hoping my mutual fund managers will make wise decisions haha.

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My investments and retirement accounts were put into money markets on July 8. Overall I'm probably down 7% for the year, you can't time the market perfectly.

Want to know the truth? The economy isn't that bad right now. But the entire global system will collapse if the panic continues. And that's what's happening, people are panicking and one reason why the herd is close to stampeding is it's an election year with individuals running on a platform of fear.

In some of the other threads, I'm just a crackpot who doesn't know what he's doing or talking about. But my money is still fat and happy. I suppose that's proof right there I'm clueless.

Sorry for being smug, but this mess never need had happened and there were ways to protect yourself when it did.

Once the market bottoms out I'll be moving back into stocks. Perfect time to buy. Regardless, a lot of people have been hurt and hurt bad, thanks to Chicken Little and politics as usual.

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Veg - The underlying aspects of the economy aren't "good," but still, it's not time to panic. I agree with you.

I think the Dow is a good buy now. It's past 9k now, but I'm expecting people to take their profits tomorrow and that's when I'll go back in. I'm long at 12k, which ten years from now will probably look like a good buy. If you got in under 9k, you're golden.

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Bump.

~8k may be the bottom.

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well for all of you in the stock market, i certainly hope so! 😃