Stock Market Hysteria...

[javaguru]

It dropped about 5% in a day...not good but I remember when it dropped 25% in one day back in the 80's. I've heard Dem talking heads calling it a depression, I'm sure both my parents would disagree...they lived through the "Great Depression." We haven't hit a recession ...slow growth...but a depression?

 

[Mr. dB]

Oh yeah, losing 20% of my retirement in the past year is "slow growth"...

 

[javaguru]

Oh yeah, losing 20% of my retirement in the past year is "slow growth"...

You retiring next year? I've got a good forty left in me.

 

[Razorguns]

China and the Saudis won't let us go into depression. Relax. Why do you think we ignore communism and terorrism? They're our masters. Who you think buys our treasuries?

r

 

[75th]

Bear market does not equal a recession.

During 8 out of the last 10 recessions, the stock market actually went up.

 

[Mr. dB]

You retiring next year? I've got a good forty left in me.

I'm 52. How many years of bull market, assuming that one ever returns, will it take to make up for that?

 

[mrplunkey]

You just need a fresh round of higher corporate taxes. That will do wonders for the market!

 

[PICK3]

I prob won't live long enough to retire

 

[Creepusmaximus]

China and the Saudis won't let us go into depression. Relax. Why do you think we ignore communism and terorrism? They're our masters. Who you think buys our treasuries?

r

You see what US bonds are paying today???? Huge flight to safety.

 

[PICK3]

Wished I owned an assload of gold

just sayin'