Home › Forums › Financial Markets/Economics › I Think Things Are About to Look a lot Worse
- This topic has 110 replies, 19 voices, and was last updated 15 years, 8 months ago by anxvariety.
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September 17, 2008 at 3:09 PM #272027September 17, 2008 at 3:21 PM #271725CA renterParticipant
It’s possible they ration bank withdrawls where you can only withdraw money on certain days (and it rotates based on last name or SSN or something)– if your last name begins with “A” you can withdraw a limit of $200 on Mondays, etc.
Yesterday, I believe the ATM at WAMU in Encinitas was out of money — all day. No doubt main street is getting worried.
Even though many of us have been expecting and preparing for this for years, it’s still a bit unnerving.
September 17, 2008 at 3:21 PM #271964CA renterParticipantIt’s possible they ration bank withdrawls where you can only withdraw money on certain days (and it rotates based on last name or SSN or something)– if your last name begins with “A” you can withdraw a limit of $200 on Mondays, etc.
Yesterday, I believe the ATM at WAMU in Encinitas was out of money — all day. No doubt main street is getting worried.
Even though many of us have been expecting and preparing for this for years, it’s still a bit unnerving.
September 17, 2008 at 3:21 PM #271972CA renterParticipantIt’s possible they ration bank withdrawls where you can only withdraw money on certain days (and it rotates based on last name or SSN or something)– if your last name begins with “A” you can withdraw a limit of $200 on Mondays, etc.
Yesterday, I believe the ATM at WAMU in Encinitas was out of money — all day. No doubt main street is getting worried.
Even though many of us have been expecting and preparing for this for years, it’s still a bit unnerving.
September 17, 2008 at 3:21 PM #272014CA renterParticipantIt’s possible they ration bank withdrawls where you can only withdraw money on certain days (and it rotates based on last name or SSN or something)– if your last name begins with “A” you can withdraw a limit of $200 on Mondays, etc.
Yesterday, I believe the ATM at WAMU in Encinitas was out of money — all day. No doubt main street is getting worried.
Even though many of us have been expecting and preparing for this for years, it’s still a bit unnerving.
September 17, 2008 at 3:21 PM #272037CA renterParticipantIt’s possible they ration bank withdrawls where you can only withdraw money on certain days (and it rotates based on last name or SSN or something)– if your last name begins with “A” you can withdraw a limit of $200 on Mondays, etc.
Yesterday, I believe the ATM at WAMU in Encinitas was out of money — all day. No doubt main street is getting worried.
Even though many of us have been expecting and preparing for this for years, it’s still a bit unnerving.
September 17, 2008 at 3:38 PM #271745poorgradstudentParticipantThere’s a huge medium-term buying opportunity brewing. I wouldn’t pull the trigger yet, but now is when you put together your “buy list” of undervalued stocks. Target good companies with solid profits that have been unfairly punished with the rest of the market. Nothing with subprime and Alt-A exposure, but stuff like AA, MCD, BUD… even GE, which does have financial exposure, but is a good company with a long history.
At some point, the knife will stop falling, and it will be time to buy.
(To be clear, that time is not now!)
September 17, 2008 at 3:38 PM #271984poorgradstudentParticipantThere’s a huge medium-term buying opportunity brewing. I wouldn’t pull the trigger yet, but now is when you put together your “buy list” of undervalued stocks. Target good companies with solid profits that have been unfairly punished with the rest of the market. Nothing with subprime and Alt-A exposure, but stuff like AA, MCD, BUD… even GE, which does have financial exposure, but is a good company with a long history.
At some point, the knife will stop falling, and it will be time to buy.
(To be clear, that time is not now!)
September 17, 2008 at 3:38 PM #271992poorgradstudentParticipantThere’s a huge medium-term buying opportunity brewing. I wouldn’t pull the trigger yet, but now is when you put together your “buy list” of undervalued stocks. Target good companies with solid profits that have been unfairly punished with the rest of the market. Nothing with subprime and Alt-A exposure, but stuff like AA, MCD, BUD… even GE, which does have financial exposure, but is a good company with a long history.
At some point, the knife will stop falling, and it will be time to buy.
(To be clear, that time is not now!)
September 17, 2008 at 3:38 PM #272034poorgradstudentParticipantThere’s a huge medium-term buying opportunity brewing. I wouldn’t pull the trigger yet, but now is when you put together your “buy list” of undervalued stocks. Target good companies with solid profits that have been unfairly punished with the rest of the market. Nothing with subprime and Alt-A exposure, but stuff like AA, MCD, BUD… even GE, which does have financial exposure, but is a good company with a long history.
At some point, the knife will stop falling, and it will be time to buy.
(To be clear, that time is not now!)
September 17, 2008 at 3:38 PM #272057poorgradstudentParticipantThere’s a huge medium-term buying opportunity brewing. I wouldn’t pull the trigger yet, but now is when you put together your “buy list” of undervalued stocks. Target good companies with solid profits that have been unfairly punished with the rest of the market. Nothing with subprime and Alt-A exposure, but stuff like AA, MCD, BUD… even GE, which does have financial exposure, but is a good company with a long history.
At some point, the knife will stop falling, and it will be time to buy.
(To be clear, that time is not now!)
September 17, 2008 at 9:06 PM #271825EnorahParticipantHang seng down 1230 points as of this moment
7%
September 17, 2008 at 9:06 PM #272063EnorahParticipantHang seng down 1230 points as of this moment
7%
September 17, 2008 at 9:06 PM #272071EnorahParticipantHang seng down 1230 points as of this moment
7%
September 17, 2008 at 9:06 PM #272113EnorahParticipantHang seng down 1230 points as of this moment
7%
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