How low will the DOW go??· Page 3

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Pack93z
Select Member Topic Starter

16 years ago

I don't think that will be the bottom.. the Big three in Detroit are starting to sing that "bailout" tune.. and the parade will keep on coming.. which leaves "Main Street" with that grip tightening even further.. this spin isn't even close to stopping yet..

I don't even look at my stock portfolio... it has hit that point of no return.. I am young enough to let it bounce back... but I have this feeling I will start to buy some bargains soon.. I think I may start to jump around 7700 to 7500.

"The oranges are dry; the apples are mealy; and the papayas... I don't know what's going on with the papayas!"

zombieslayer
Registered

15 years ago

#22

:lol:

I should have stuck by my first prediction of 6k as the bottom.

Jumped 300 this morning because Citibank turned a profit. Whooptie-do, but for those of you investing long term, I'd buy index stocks if I were you. I got heavily in at 7k and I think that's a great long term investment. Wish I had more money. I would have bought at 6.5k too.

For young people, best thing that can happen is for stocks to plummet.

My man Donald Driver

(thanks to Pack93z for the pic)
2010 will be seen as the beginning of the new Packers dynasty. 🇹🇹 🇲🇲 🇦🇷

vegOmatic
Registered

15 years ago

#23

I think the day traders create the crazy days. One good day on Wall Street doesn't change an economy. Unemployment is still 8% and climbing and sectors such as the auto industry need to die and start over. The government will probably step in considering the current administration needs the UAW to support it; either way, bankruptcy or bail out, it's going to cost us and hit the economy. I love the hypocrisy of the Al Gore crowd saving the SUV.

Predictions are for 2009 to be a bad year. I have family losing their jobs so it's just not good. And I cringe at the solutions Washington is coming up with.

blank

zombieslayer
Registered

15 years ago

#24

I love the hypocrisy of the Al Gore crowd saving the SUV.

"vegOmatic" wrote:

Me too. That's actually pretty funny.

Predictions are for 2009 to be a bad year. I have family losing their jobs so it's just not good. And I cringe at the solutions Washington is coming up with.

Yeah. It won't be a fun year for this country.

The market will be down at least 100 points probably Monday. People will take their earnings and run. There's still a long way to go before the recession ends.

Keep in mind though, the market is often an early indicator of when the recession ends. A market rise (not this dead cat jump, but a real one) often precludes the end of a recession.

I'm not too crazy about what the current administration is doing. Throwing money at a problem isn't always the best solution, and we're going to eventually have to pay that money back.

But America always finds ways of fixing things. People who buy now and hold will be happy 10 years from now. We're still leading the world by far in nanotechnology and biotech, 2 things that will be huge in the near future.

My man Donald Driver

(thanks to Pack93z for the pic)
2010 will be seen as the beginning of the new Packers dynasty. 🇹🇹 🇲🇲 🇦🇷

DarkaneRules
Veteran Member

15 years ago

#25

I would be more optimistic if I trusted the President and the majority of the legislative branch, but I don't. I am beginning to think that if you want to make positive change where you live, then government is the last job I would expect to accomplish that. All government seems to do every year is take more freedom away and spend more money than the class prior.

Circular Arguments: They are a heck of an annoyance

zombieslayer
Registered

15 years ago

#26

"DarkaneRules" wrote:

Dang. You love Metal and think like this?
You're not by chance my half-brother, are you?

My man Donald Driver

(thanks to Pack93z for the pic)
2010 will be seen as the beginning of the new Packers dynasty. 🇹🇹 🇲🇲 🇦🇷

DarkaneRules
Veteran Member

15 years ago

#27

Haha! This week more reasons not to trust congress with this AIG crap. I hate these politicians and their fake outrage. If you don't want AIG to give out bonuses put that in your damn legislation, but no, they'd rather put in all this over-stylized loop-holed filled crap and force it through.

Circular Arguments: They are a heck of an annoyance

zombieslayer
Registered

15 years ago

#28

"DarkaneRules" wrote:

Agreed.

These people are idiots. They gave them a blank check of $700 billion of OUR money, then complained when AIG gave themselves bonuses.

Congress needs to go.

My man Donald Driver

(thanks to Pack93z for the pic)
2010 will be seen as the beginning of the new Packers dynasty. 🇹🇹 🇲🇲 🇦🇷

DarkaneRules
Veteran Member

15 years ago

#29

Even better buddy. It sounds now like the go ahead came from the administration through Timothy Geithner to put that language in the bill through Dodd. This leads me to ask whether or not this is the treasury department playing games with a company like AIG or if it is almost as if they are covering for Dodd since it seems like Geithner may face increasing pressure to step down from this job as questions about his abilities mount.

I think the whole skipping out on around 40,000 dollars in taxes should have been a red flag, but no, we needed him NOW. I can see why too. He is doing a terrific job.

Circular Arguments: They are a heck of an annoyance

doddpower
Veteran Member

15 years ago

#30

Damn Chris Dodd giving us Dodd's a bad name!!

Blast him!!

Heh heh.

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Fan Shout

Mucky Tundra (11h) : Greg Gumbel passed away today after bout with cancer.

buckeyepackfan (16h) : 1 NFC South @ NFC West @ AFC West other 3 games,

buckeyepackfan (16h) : Packers play NFC East and AFC North in 2025, plus 2 other games

Mucky Tundra (18h) : Geeze Zero get it right!😋

Zero2Cool (19h) : I guess 3 games. Whatever

Zero2Cool (19h) : Bleh, that only impacts two games.

Zero2Cool (19h) : Packers are gonna get 3rd place division schedule next year.

Mucky Tundra (20h) : Kanata, seek help! lol

beast (22h) : I was rooting for the Bears to win and hurt their draft pick status

Zero2Cool (22h) : Forgot there was even a game last night haha

TheKanataThrilla (23h) : That was terrible.

TheKanataThrilla (23h) : Watching that game in its entirety yesterday is proof positive that I am a football addict.

beast (23h) : And horrible time management multiple times... and not being able to score more than 3 points on a team with talent

beast (23h) : Realizing the Bears didn't fix it from the previous week and do the same thing, getting the game to overtime

beast (23h) : They probably are not tanking, but they've absolutely mismanagement some things, such as Vikings seeing the Packers blocked FG and realizing

Zero2Cool (27-Dec) : Crazy of Bears to have that mindset that is

Zero2Cool (27-Dec) : Hail Mary stop away from 5 - 2. Not sure how that flips to tanking. Crazy mindset if true

beast (27-Dec) : I've quietly questioned if Bears are tanking on purpose... they suddenly got a lot worse with some simple concepts like 101 clock management

wpr (27-Dec) : Watching bares fans melt down over how putrid their team is, so enjoyable. It's the gift that keeps on giving.

Mucky Tundra (27-Dec) : The Seattle Seahawks defeat the Chicago Bears 6-3. Jason Myers had 6 RBIs for Seattle while Cairo Santos had 3 RBI for Chicago

beast (27-Dec) : Not nessarily, he might of been injured either way. He's playing about 50% of the games the last 4 years

Zero2Cool (26-Dec) : If they'd been more patient with him, he'd be back already. Putting him out there vs Bears caused him to tweak it and here we are.

packerfanoutwest (26-Dec) : well this is his last season with the PAck, book it

beast (26-Dec) : Sounds like no Alexander (again), I'm wondering if his time with the Packers is done

Zero2Cool (26-Dec) : Could ban beast and I still don't think anyone catches him.

Mucky Tundra (26-Dec) : Houston getting dog walked by Baltimore

packerfanoutwest (25-Dec) : Feliz Navidad!

Zero2Cool (25-Dec) : Merry Christmas!

beast (25-Dec) : Merry Christmas 🎄🎁

beast (24-Dec) : Sounds like no serious injuries from the Saints game and Jacobs and Watson should play in the Vikings game

packerfanoutwest (24-Dec) : both games Watson missed, Packers won

Martha Careful (24-Dec) : I hope all of you have a Merry Christmas!

Mucky Tundra (24-Dec) : Oh I know about Jacobs, I just couldn't pass up an opportunity to mimic Zero lol

buckeyepackfan (24-Dec) : Jacobs was just sat down, Watson re-injured that knee that kept him out 1 game earlier

buckeyepackfan (24-Dec) : I needed .14 that's. .14 points for the whole 4th quarter to win and go to the SB. Lol

Mucky Tundra (24-Dec) : Jacobs gonna be OK???

Zero2Cool (24-Dec) : Watson gonna be OK???

packerfanoutwest (24-Dec) : Inactives tonight for the Pack: Alexander- knee Bullard - ankle Williams - quad Walker -ankle Monk Heath

packerfanoutwest (24-Dec) : No Jaire, but hopefully the front 7 destroys the line of scrimmage & forces Rattler into a few passes to McKinney.

packerfanoutwest (24-Dec) : minny could be #1 seed and the Lions #5 seed

Zero2Cool (23-Dec) : We'd have same Division and Conference records. Strength of schedule we edge them

Zero2Cool (23-Dec) : I just checked. What tie breaker?

bboystyle (23-Dec) : yes its possible but unlikely. If we do get the 5th, we face the NFCS winner

Zero2Cool (23-Dec) : Ahh, ok.

bboystyle (23-Dec) : yes due to tie breaker

Zero2Cool (23-Dec) : I mean, unlikely, yes, but mathematically, 5th is possible by what I'm reading.

Zero2Cool (23-Dec) : If Vikings lose out, Packers win out, Packers get 5th, right?

bboystyle (23-Dec) : Minny isnt going to lose out so 5th seed is out of the equation. We are playing for the 6th or 7th seed which makes no difference

Mucky Tundra (23-Dec) : beast, the ad revenue goes to the broadcast company but they gotta pay to air the game on their channel/network

beast (23-Dec) : If we win tonight the game is still relative in terms of 5th, 6th or 7th seed... win and it's 5th or 6th, lose and it's 6th or 7th

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