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S&P 500
5,615.35
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0.55%
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US TECH 100
19,804.00
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0.64%
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Dow Jones
40,000.90
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0.62%
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dsdectector

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dsdectector

Re: siriusadult post# 8268

Thursday, 08/16/2007 12:47:27 PM

Thursday, August 16, 2007 12:47:27 PM

Post# of 9101
There is no comparison between today and '87. As a percentage of the overall market, this drop is not terrifically meaningful, in my opinion. The market was way overextended and was in dire need of a correction. I'll be interested to see if it holds 12,5. Think it will but with the credit problems and the idiot greedy mortgage companies finally getting their comeuppance, it might not. I added to college funds and mutuals just a little while ago. Have been holding back on both for months on end. Fear reigns. Time to buy?

BSD
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