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  #1  
Old 02-23-2009, 04:30 PM
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V10s & V8s FTW!
 
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Dow closes at 7144.78

I hope everyone has been stockpiling a bit of the things they need. Keep cash on hand too. If you own a gun and know how to use it, you have done well...

We are screwed!

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  #2  
Old 02-23-2009, 04:32 PM
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4 of my 6 positions will close up for the day........not going to pull the trigger yet.
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  #3  
Old 02-23-2009, 04:34 PM
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we don't need anymore unhappy money threads....
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  #4  
Old 02-23-2009, 04:42 PM
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how low will you go, how low will you go, how low will you go
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  #5  
Old 02-23-2009, 04:42 PM
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Collapse of society? Thanks for reminding me! Off to the piggly wiggly to pick up Mountain Dew, Cheetos, shotgun shells and Bacon
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  #6  
Old 02-23-2009, 05:00 PM
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Quote:
Originally Posted by derburger View Post
Collapse of society? Thanks for reminding me! Off to the piggly wiggly to pick up Mountain Dew, Cheetos, shotgun shells and Bacon
Don't forget the Beano.
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  #7  
Old 02-23-2009, 05:04 PM
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Bargains galore, folks! Or do you buy your stocks at their highest highs just because you can?
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  #8  
Old 02-23-2009, 05:12 PM
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That's what I thought at the December sell-off when I got back into the market.

OOopsie!

(Crap)
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  #9  
Old 02-23-2009, 05:20 PM
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Beano!!!! OMG How could I forget!!!!

I dunno, life sucks, I am graduating in December and there is no way I am going to find a job. Just thinking about standing in a soup line is disgusting. I worked hard all these years in college for what?

In other news....

OOOOOOBBBBBBBAAAAAAAAMMMMMMAAAAAAAA!!!!!!!!

HOPE AND CHANGE!!!!!!

YES WE CAN!!!!!!!

OOOOOOBBBBAAAAAMMMMAAAAA!!!!!!!
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2005 MBZ C55 AMG "Lorelai" @ 165,000 miles
1991 MBZ 300E "Benzachino II" @ 165,000 miles
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(On the hunt for a good used M103 engine as of 6/10/23, PM me if you have one to sell!)
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  #10  
Old 02-23-2009, 05:22 PM
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Timing the lows and highs in any market, whether securites, commodities or real estate is a guessing game at best. However, one has to wonder where the money eventually goes in any sell off.
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  #11  
Old 02-23-2009, 05:27 PM
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Quote:
Originally Posted by MTI View Post
Timing the lows and highs in any market, whether securites, commodities or real estate is a guessing game at best. However, one has to wonder where the money eventually goes in any sell off.
Bush took it.
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  #12  
Old 02-23-2009, 05:27 PM
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Quote:
Originally Posted by MTI View Post
Timing the lows and highs in any market, whether securites, commodities or real estate is a guessing game at best. However, one has to wonder where the money eventually goes in any sell off.
It goes to somebody else . . . .

If you invest in a business that is sound, well-managed, and with good leadership, the price in the market may rise and fall, but it will do well over time. I just read Benjamin Graham's book recently. If you haven't read The Intelligent Investor, I highly recomend it.
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  #13  
Old 02-23-2009, 05:27 PM
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One of the most brilliant investors I have ever known said more than 1 year that the DOW is worth about 6500 and thats where its going.


Like mistress said BFD be glad you're young and healthy enough to enjoy the upswing we'll be making 80's money in no time.
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  #14  
Old 02-23-2009, 05:45 PM
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Quote:
Originally Posted by Howitzer View Post
One of the most brilliant investors I have ever known said more than 1 year that the DOW is worth about 6500 and thats where its going.


Like mistress said BFD be glad you're young and healthy enough to enjoy the upswing we'll be making 80's money in no time.
hurray!!! Cocaine and Ferrari's for all... I'll even toss in some leisure suits for all.
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  #15  
Old 02-23-2009, 05:46 PM
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hurray!!! Cocaine and Ferrari's for all... I'll even toss in some leisure suits for all.
You take the snow, I'll take the horse.

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