Home › Forums › Financial Markets/Economics › DOW Drops 634 points
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KIBU.
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August 10, 2011 at 8:30 AM #718235August 10, 2011 at 9:00 AM #717067
outtamojo
ParticipantImo we go down more in slow grinding fashion once volatility subsides- easy to say today : ). Mo Mo stocks AAPL AMZN BIDU haven’t broken recent lows and VIX at really incredible levels (40’s) make me want to think we are near bottom but for the masses late 08/early 09 is still too fresh in their minds and I fear it is them that will force mutual funds to liquidate and overshoot the downside. During that end of days period of late 08 the VIX was in the 70’s, so will we feel like the end of the world is near again?
August 10, 2011 at 9:00 AM #717158outtamojo
ParticipantImo we go down more in slow grinding fashion once volatility subsides- easy to say today : ). Mo Mo stocks AAPL AMZN BIDU haven’t broken recent lows and VIX at really incredible levels (40’s) make me want to think we are near bottom but for the masses late 08/early 09 is still too fresh in their minds and I fear it is them that will force mutual funds to liquidate and overshoot the downside. During that end of days period of late 08 the VIX was in the 70’s, so will we feel like the end of the world is near again?
August 10, 2011 at 9:00 AM #717751outtamojo
ParticipantImo we go down more in slow grinding fashion once volatility subsides- easy to say today : ). Mo Mo stocks AAPL AMZN BIDU haven’t broken recent lows and VIX at really incredible levels (40’s) make me want to think we are near bottom but for the masses late 08/early 09 is still too fresh in their minds and I fear it is them that will force mutual funds to liquidate and overshoot the downside. During that end of days period of late 08 the VIX was in the 70’s, so will we feel like the end of the world is near again?
August 10, 2011 at 9:00 AM #717904outtamojo
ParticipantImo we go down more in slow grinding fashion once volatility subsides- easy to say today : ). Mo Mo stocks AAPL AMZN BIDU haven’t broken recent lows and VIX at really incredible levels (40’s) make me want to think we are near bottom but for the masses late 08/early 09 is still too fresh in their minds and I fear it is them that will force mutual funds to liquidate and overshoot the downside. During that end of days period of late 08 the VIX was in the 70’s, so will we feel like the end of the world is near again?
August 10, 2011 at 9:00 AM #718265outtamojo
ParticipantImo we go down more in slow grinding fashion once volatility subsides- easy to say today : ). Mo Mo stocks AAPL AMZN BIDU haven’t broken recent lows and VIX at really incredible levels (40’s) make me want to think we are near bottom but for the masses late 08/early 09 is still too fresh in their minds and I fear it is them that will force mutual funds to liquidate and overshoot the downside. During that end of days period of late 08 the VIX was in the 70’s, so will we feel like the end of the world is near again?
August 10, 2011 at 9:03 AM #717072scaredyclassic
ParticipantStocks are not safe for the long haul.
August 10, 2011 at 9:03 AM #717163scaredyclassic
ParticipantStocks are not safe for the long haul.
August 10, 2011 at 9:03 AM #717756scaredyclassic
ParticipantStocks are not safe for the long haul.
August 10, 2011 at 9:03 AM #717909scaredyclassic
ParticipantStocks are not safe for the long haul.
August 10, 2011 at 9:03 AM #718270scaredyclassic
ParticipantStocks are not safe for the long haul.
August 10, 2011 at 9:28 AM #717102The-Shoveler
ParticipantIt’s still the same problem we had 2008 and 2009.
Nothing has changed much, no one wants to talk about it either.
it’s still the same problem, HOUSING !!
In CA approx. 30 % of home owners with a mortgage owe about 100K more than they can sell for, sorry you just cannot have an economic recovery in conditions like that.
It’s just not the underwaters it’s also everyone who paid more than what they can sell or just feel they should get more it’s an emotional thing, they are just going to sit and save because they feel bad.August 10, 2011 at 9:28 AM #717193The-Shoveler
ParticipantIt’s still the same problem we had 2008 and 2009.
Nothing has changed much, no one wants to talk about it either.
it’s still the same problem, HOUSING !!
In CA approx. 30 % of home owners with a mortgage owe about 100K more than they can sell for, sorry you just cannot have an economic recovery in conditions like that.
It’s just not the underwaters it’s also everyone who paid more than what they can sell or just feel they should get more it’s an emotional thing, they are just going to sit and save because they feel bad.August 10, 2011 at 9:28 AM #717786The-Shoveler
ParticipantIt’s still the same problem we had 2008 and 2009.
Nothing has changed much, no one wants to talk about it either.
it’s still the same problem, HOUSING !!
In CA approx. 30 % of home owners with a mortgage owe about 100K more than they can sell for, sorry you just cannot have an economic recovery in conditions like that.
It’s just not the underwaters it’s also everyone who paid more than what they can sell or just feel they should get more it’s an emotional thing, they are just going to sit and save because they feel bad.August 10, 2011 at 9:28 AM #717939The-Shoveler
ParticipantIt’s still the same problem we had 2008 and 2009.
Nothing has changed much, no one wants to talk about it either.
it’s still the same problem, HOUSING !!
In CA approx. 30 % of home owners with a mortgage owe about 100K more than they can sell for, sorry you just cannot have an economic recovery in conditions like that.
It’s just not the underwaters it’s also everyone who paid more than what they can sell or just feel they should get more it’s an emotional thing, they are just going to sit and save because they feel bad. -
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