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S&P 500
5,633.91
(
1.02%
)
US TECH 100
20,111.20
(
-0.04%
)
Dow Jones
39,721.36
(
1.09%
)
Brent Oil
84.87
(
-0.21%
)
Bitcoin
58,232.89
(
0.82%
)
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Re: baletwine post# 35300

Wednesday, 01/30/2008 5:57:10 PM

Wednesday, January 30, 2008 5:57:10 PM

Post# of 77456
Yep, never a dull moment with GOOG , for tomorrow night. It's already down 200 pts off the recent high.

Man, buy and hold strategy can sure get whacked in a market like this.Imagine holding stocks like dry shippers or financials, or homies, that are off by some 50% and more!? That's good as a crash if ya ask me.

A friend put $100k in some mutual funds the first of the year and called me recently to ask what to do now, being down already 15%!!???

The white man seeks to conquer nature, to bend it to his will and to use it wastefully until it is all gone and then he simply moves on, leaving the waste behind him and looking for new places to take. Chiksika (Kispokotha Shawnee),March 19,1779

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