STOCK MARKET

[vinnie]

:sadwave:

 

[MadJack]

i am out with my IRA, SIMPLE IRA and TRAD K plans too. sitting in a cash reserve. 44% loss since april. moving the whole mess to ameritrade and managing my own shit.

 

[smurphy]

moving the whole mess to ameritrade and managing my own shit.

oh brother

 

[StevieD]

i am out with my IRA, SIMPLE IRA and TRAD K plans too. sitting in a cash reserve. 44% loss since april. moving the whole mess to ameritrade and managing my own shit.

Those mutual fund crooks don't know any more than you or I do. If they did they would of earned their millions by protecting us.

Looks like nobody is looking out for us. They should of let the banks fail and let the free market take care of the remains.

 

[MadJack]

oh brother

:shrug:

can't do any worse than he did. :shrug: he never even made any adjustments ever. just let it all ride and kept saying i'd get it back.....eventually. WTF?

i'll do just fine.

 

[vinnie]

and kept saying i'd get it back.....eventually.

That's what Bush said :mj07:

 

[yyz]

:shrug:

i'll do just fine.

I know someone else who thought the same thing!



http://www.youtube.com/watch?v=1LmRtA8Crd4&NR=1

 

[vinnie]

Ford & a bankrupt GM will take it even lower :sadwave:

 

[Morris]

Listened to a guy this AM that said don't be suprised to see 3,000. :scared

 

[MadJack]

Listened to a guy this AM that said don't be suprised to see 3,000. :scared

wouldn't bother me a bit at this point. sitting on the sidelines waiting. how many people have you heard tell us to hold all cash? get out, man, and get back in later when things improve.

 

[vinnie]

Ford Motor Co. $1.26 :scared :scared :scared

 

[Morris]

wouldn't bother me a bit at this point. sitting on the sidelines waiting. how many people have you heard tell us to hold all cash? get out, man, and get back in later when things improve.

I can't get out now with taxes and penalties I would lose 80%.

 

[MadJack]

I can't get out now with taxes and penalties I would lose 80%.

mine got moved to cash reserves temporarily with no penalties or taxes.

 

[MadJack]

Ford Motor Co. $1.26 :scared :scared :scared

i wonder if it will shoot up a buck or two if they get the bail out? :shrug:

 

[Morris]

How long is this bailout supossed to kee afloat? the auto industry? Seems like they would piss through that amount in several months and be right back to square one.

 

[MadJack]

How long is this bailout supossed to kee afloat? the auto industry? Seems like they would piss through that amount in several months and be right back to square one.

that's what they are talking about on cap hill right now. on cnbc

 

[bsucards]

the bailout is to last them until 2010 when their new contracts become active with the UAW for lower rates for employees

 

[MadJack]

the bailout is to last them until 2010 when their new contracts become active with the UAW for lower rates for employees

and they can't provide any substance that would make anybody think it would last until april of 09.

 

[MadJack]

at this point, who in their right mind would buy an american car?

 

[MadJack]

I can't get out now with taxes and penalties I would lose 80%.

i just looked at my accounts.

SIMPLE IRS - CASH RESERVE
IRA - CASH RESERVE
TRAD K - CASH RESERVE

no penalty or taxes. :shrug:

i wish i would have done this 6 months ago.

then again, it might jump from here, but doesn't look good.

hell if i know.