Big3 Posted August 4, 2011 Report Share Posted August 4, 2011 Last week+ I dumped my 401K stuff into the safest fund.. (Glad I did)think it will jump tomorrrow or monday ( I say monday) Quote Link to comment Share on other sites More sharing options...
buildit Posted August 4, 2011 Report Share Posted August 4, 2011 I'll give you the simple answer.....Double dip, be at least till Christmas before any "real" recovery, won't last even then if oil/gas prices continue to be so speculative. You'll know I'm right when reports start to circulate about the lack of consumer spending for school supplies despite large price reductions because of over stock. Quote Link to comment Share on other sites More sharing options...
Casper Posted August 4, 2011 Author Report Share Posted August 4, 2011 Last week+ I dumped my 401K stuff into the safest fund.. (Glad I did)think it will jump tomorrrow or monday ( I say monday)I'll form my opinion tomorrow after the jobs report comes out. If it's lower than expected, I have a feeling the "double dip" is here. If it's higher than expected, we'll call this market jitters and I'd expect the market to regain those 500 points over the next week or so. Quote Link to comment Share on other sites More sharing options...
tyler524 Posted August 4, 2011 Report Share Posted August 4, 2011 As long as the automotive industry can keep on pace then I'll be content. Quote Link to comment Share on other sites More sharing options...
ReconRat Posted August 4, 2011 Report Share Posted August 4, 2011 This one was predicted pretty clearly, if you've been watching the financial news this week.Except that it was predicted to occur next week. Which makes next week interesting... Quote Link to comment Share on other sites More sharing options...
BMMW Posted August 5, 2011 Report Share Posted August 5, 2011 It's no biggie. The stupid thing goes up and down all the time.Sell when its up and buy big when its down. Works every time. Quote Link to comment Share on other sites More sharing options...
kawi kid Posted August 5, 2011 Report Share Posted August 5, 2011 I honestly didn't notice a thing down here.... The drinks are still free lolol Quote Link to comment Share on other sites More sharing options...
Cdubyah Posted August 5, 2011 Report Share Posted August 5, 2011 Hrmmm time to invest perhaps... Quote Link to comment Share on other sites More sharing options...
Big3 Posted August 5, 2011 Report Share Posted August 5, 2011 I'd expect the market to regain those 500 points over the next week or so.500? try over 1200 in the past 10 days Quote Link to comment Share on other sites More sharing options...
buildit Posted August 5, 2011 Report Share Posted August 5, 2011 500? try over 1200 in the past 10 daysI'm sure Obama will say something comforting to the masses in the next 24 hours that will send it to under 10,000 by the end of the month. Quote Link to comment Share on other sites More sharing options...
Bad324 Posted August 5, 2011 Report Share Posted August 5, 2011 fucking Glen Beck did this! Quote Link to comment Share on other sites More sharing options...
buildit Posted August 5, 2011 Report Share Posted August 5, 2011 fucking Glen Beck did this!No it's Opra, that money hording bitch. Quote Link to comment Share on other sites More sharing options...
jblosser Posted August 5, 2011 Report Share Posted August 5, 2011 My company's stock is at $17.95.Glad I sold off some $9 options at $23.45 3 weeks ago... Quote Link to comment Share on other sites More sharing options...
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