DOW is at 8700 and dropping fast!

[Coronita]

[quote=lonestar2000]Seems to have stabilized a bit around a 7% decline, it is hovering around 8570 now.

The Fed has one bullet left, drop rates to 0, it *almost* worked for the Japanese. 😛

It looks like a lot of sheep took Jim Cramer up on his advice on selling out. I don’t think we’re quite at catipulation just yet, as there are still a lot of managed accounts trying to hold on (plus we’ve only had one New Yorker take his life), but we’re on the brink.[/quote]

Yes, but it aint gonna happen in the short term(interest rate cut to 0). That bullet will be used one we start seeing things get worse.

There is no other good pill in the short short term.

Guess its a buy and hold strategy right now. I’m sure there will be a day when we look back at this and say 8600 was a cheap time to enter. 🙂

[patientlywaiting]

[quote=fat_lazy_union_worker]

Hang on to your jobs and cash folks, the next couple of months are gonna be rough.

Layoffs pending. Those waiting for home crash in nicer parts of town. Your gonna get it.[/quote]

I believe those who warned of such happenings a couple years ago were called chicken little.

[patientlywaiting]

[quote=fat_lazy_union_worker]

Hang on to your jobs and cash folks, the next couple of months are gonna be rough.

Layoffs pending. Those waiting for home crash in nicer parts of town. Your gonna get it.[/quote]

I believe those who warned of such happenings a couple years ago were called chicken little.

[patientlywaiting]

[quote=fat_lazy_union_worker]

Hang on to your jobs and cash folks, the next couple of months are gonna be rough.

Layoffs pending. Those waiting for home crash in nicer parts of town. Your gonna get it.[/quote]

I believe those who warned of such happenings a couple years ago were called chicken little.

[patientlywaiting]

[quote=fat_lazy_union_worker]

Hang on to your jobs and cash folks, the next couple of months are gonna be rough.

Layoffs pending. Those waiting for home crash in nicer parts of town. Your gonna get it.[/quote]

I believe those who warned of such happenings a couple years ago were called chicken little.

[patientlywaiting]

[quote=fat_lazy_union_worker]

Hang on to your jobs and cash folks, the next couple of months are gonna be rough.

Layoffs pending. Those waiting for home crash in nicer parts of town. Your gonna get it.[/quote]

I believe those who warned of such happenings a couple years ago were called chicken little.

[Coronita]

[quote=patientlywaiting][quote=fat_lazy_union_worker]

Hang on to your jobs and cash folks, the next couple of months are gonna be rough.

Layoffs pending. Those waiting for home crash in nicer parts of town. Your gonna get it.[/quote]

I believe those who warned of such happenings a couple years ago were called chicken little.

[/quote]

Except cash by itself seems like its gonna get slaughtered too.

Unfortunately it seems like you’ll have to make some speculations and hope your right more often than wrong. Doing nothing, your dollar very well might be worthless in the future.

Going all in in one thing seems like would be the riskiest including an all out cash position. Though you probably won’t feel the pain in the short term as much

[Coronita]

[quote=patientlywaiting][quote=fat_lazy_union_worker]

Hang on to your jobs and cash folks, the next couple of months are gonna be rough.

Layoffs pending. Those waiting for home crash in nicer parts of town. Your gonna get it.[/quote]

I believe those who warned of such happenings a couple years ago were called chicken little.

[/quote]

Except cash by itself seems like its gonna get slaughtered too.

Unfortunately it seems like you’ll have to make some speculations and hope your right more often than wrong. Doing nothing, your dollar very well might be worthless in the future.

Going all in in one thing seems like would be the riskiest including an all out cash position. Though you probably won’t feel the pain in the short term as much

[Coronita]

[quote=patientlywaiting][quote=fat_lazy_union_worker]

Hang on to your jobs and cash folks, the next couple of months are gonna be rough.

Layoffs pending. Those waiting for home crash in nicer parts of town. Your gonna get it.[/quote]

I believe those who warned of such happenings a couple years ago were called chicken little.

[/quote]

Except cash by itself seems like its gonna get slaughtered too.

Unfortunately it seems like you’ll have to make some speculations and hope your right more often than wrong. Doing nothing, your dollar very well might be worthless in the future.

Going all in in one thing seems like would be the riskiest including an all out cash position. Though you probably won’t feel the pain in the short term as much

[Coronita]

[quote=patientlywaiting][quote=fat_lazy_union_worker]

Hang on to your jobs and cash folks, the next couple of months are gonna be rough.

Layoffs pending. Those waiting for home crash in nicer parts of town. Your gonna get it.[/quote]

I believe those who warned of such happenings a couple years ago were called chicken little.

[/quote]

Except cash by itself seems like its gonna get slaughtered too.

Unfortunately it seems like you’ll have to make some speculations and hope your right more often than wrong. Doing nothing, your dollar very well might be worthless in the future.

Going all in in one thing seems like would be the riskiest including an all out cash position. Though you probably won’t feel the pain in the short term as much

[Coronita]

[quote=patientlywaiting][quote=fat_lazy_union_worker]

Hang on to your jobs and cash folks, the next couple of months are gonna be rough.

Layoffs pending. Those waiting for home crash in nicer parts of town. Your gonna get it.[/quote]

I believe those who warned of such happenings a couple years ago were called chicken little.

[/quote]

Except cash by itself seems like its gonna get slaughtered too.

Unfortunately it seems like you’ll have to make some speculations and hope your right more often than wrong. Doing nothing, your dollar very well might be worthless in the future.

Going all in in one thing seems like would be the riskiest including an all out cash position. Though you probably won’t feel the pain in the short term as much

[lonestar2000]

[quote=patientlywaiting][quote=fat_lazy_union_worker]

Hang on to your jobs and cash folks, the next couple of months are gonna be rough.

Layoffs pending. Those waiting for home crash in nicer parts of town. Your gonna get it.[/quote]

I believe those who warned of such happenings a couple years ago were called chicken little.

[/quote]

And Roubini was called a raging lunatic 2 years ago, but they call him a profet now. He’s still a raging lunatic, he just happens to be more right than wrong for the time being. 😀

[lonestar2000]

[quote=patientlywaiting][quote=fat_lazy_union_worker]

Hang on to your jobs and cash folks, the next couple of months are gonna be rough.

Layoffs pending. Those waiting for home crash in nicer parts of town. Your gonna get it.[/quote]

I believe those who warned of such happenings a couple years ago were called chicken little.

[/quote]

And Roubini was called a raging lunatic 2 years ago, but they call him a profet now. He’s still a raging lunatic, he just happens to be more right than wrong for the time being. 😀

[lonestar2000]

[quote=patientlywaiting][quote=fat_lazy_union_worker]

Hang on to your jobs and cash folks, the next couple of months are gonna be rough.

Layoffs pending. Those waiting for home crash in nicer parts of town. Your gonna get it.[/quote]

I believe those who warned of such happenings a couple years ago were called chicken little.

[/quote]

And Roubini was called a raging lunatic 2 years ago, but they call him a profet now. He’s still a raging lunatic, he just happens to be more right than wrong for the time being. 😀

[lonestar2000]

[quote=patientlywaiting][quote=fat_lazy_union_worker]

Hang on to your jobs and cash folks, the next couple of months are gonna be rough.

Layoffs pending. Those waiting for home crash in nicer parts of town. Your gonna get it.[/quote]

I believe those who warned of such happenings a couple years ago were called chicken little.

[/quote]

And Roubini was called a raging lunatic 2 years ago, but they call him a profet now. He’s still a raging lunatic, he just happens to be more right than wrong for the time being. 😀

[Author]

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