[dewilson58]

Here we go again..........a sliding Monday.

[outlaw]

HOLY COW! Hang on for a wild ride.

[Greg Nelson]

lost enough for three TV visits..ugh

[golfing eagles]

just try logging on to Merrill Lynch website. Good luck

[billethkid]

Must be from so many trying to get in on the buy action!

[dewilson58]

Time to buy.

[Ecuadog]

Damn. There's no tall buildings that I can jump out of around here.

[dewilson58]

Originally Posted by Ecuadog

Damn. There's no tall buildings that I can jump out of around here.

The windmill at Brownwood would only hurt yourself.

My Prediction........................The market will be more or less flat today.

[rexxfan]

Its hard to be calm when everyone around you is in a panic, but that's my strategy. It is also helpful to have prepared a bit (with respect to cash on hand, food supplies, etc.), to be reasonably well diversified (perhaps with some physical assets as well) and to not have a lot of debt. Oh, and turn off the news for a week or two (and resist the temptation to check your account balances every hour on the hour).
--
bc

[outlaw]

Not to worry. I expect the DOW to bottom at around 5000. That's when I'll jump in.

[dewilson58]

Let's make some money today!!

[Boomer]

Maybe it's a good time to plug in a limit price for a stock you think you know pretty well.

Maybe the stock is having a bad quarter and has an ugly PE ratio now, along with being caught in the overall market drop.

Maybe the stock is testing its 52-week low and could (or maybe even should) drop on through it soon.

Maybe the stock pays a tidy dividend and is even one of the Dividend Aristocrats.

Maybe you understand what the company does and think what it does will always need to be done.

Maybe you think it is a stock that, though downright boring most of the time, lets you sleep at night.

And not a maybe, but for sure, I have no idea what I am talking about.

Along with the rest of you....and everybody else -- even though they might claim differently -- .......I am wondering......How low can it go? And is it time to plug in a limit price that feels OK?

[ajbrown]

Originally Posted by outlaw

Not to worry. I expect the DOW to bottom at around 5000. That's when I'll jump in.

Interesting as I was just reading the article below. Just one persons opinion of course, but never heard of the 'q' he talks about on page two.

Dow 5,000? Yes, it could happen - MarketWatch

[outlaw]

Originally Posted by ajbrown

Interesting as I was just reading the article below. Just one persons opinion of course, but never heard of the 'q' he talks about on page two.

Dow 5,000? Yes, it could happen - MarketWatch

Q ratio=total market value/total asset value

[Boomer]

When it comes to investing, the most important thing is to know your own tolerance for risk. Know your own instincts and your investment decisions will follow.

It is harder for today's retirees because CDs have no return and probably will not any time soon. I think that is why there are more relatively conservative investors who look for solid dividend payers. But, even so, there are those who choose to remain completely in cash because that is what lets them sleep at night. And, of course, there is the combination decision that is like having a moat.

The media must fill that 24/7 great maw with babble. We can find any opinion we want. But, the bottom line is your own opinion. Know thyself.