 A rough day on Wall Street |
| A rough day on Wall Street |
 Jan 17 2008, 04:52 PM
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#1
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 Do they ignore parts of reality? Group: Moderators Posts: 2,935 Joined: 23-February 06 From: South Overton!!! Member No.: 46  |
http://money.cnn.com/2008/01/17/markets/ma...sion=2008011716
QUOTE The Dow Jones industrial average (INDU) lost around 307 points according to early tallies, seeing its worst one-day point loss since early November, and leaving the blue-chip barometer at a 10-month low. The broader S&P 500 (INX) index lost 2.9 percent, and fell to its lowest point in 15 months. The Nasdaq composite fell 2 percent and hit a 10-month low.
-------------------- A psychotic world we live in. The madmen are in power. How long have we known this? Faced this? And--how many of us do know it? Perhaps if you know you are insane then you are not insane. Or you are becoming sane, finally. Waking up. I suppose only a few are aware of all this. Isolated persons here and there. But the broad masses... what do they think? All these hundreds of thousands in this city, here. Do they imagine that they live in a sane world? Or do they guess, glimpse, the truth...?
-Philip K. Dick |
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Jan 17 2008, 04:55 PM
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#2
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Group: Admin Posts: 6,906 Joined: 22-February 06 From: Austin Member No.: 9 |
Yeah, my IRA is down.
 Might be a good time to do my conversion to Roth, though! 
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Jan 17 2008, 06:19 PM
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#3
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 Group: Admin Posts: 3,403 Joined: 23-February 06 From: PDX/TXL Member No.: 35 |
QUOTE (Spectatrix @ Jan 17 2008, 04:55 PM)  Yeah, my IRA is down. Might be a good time to do my conversion to Roth, though! I wouldn't do a full conversion. During the last dump like this my money saw a 50% loss, but when it recovered I gained close to 200%. (Black Rock Fund) -------------------- "There is a level of cowardice lower than that of the conformist: that of the fashionable non-conformist." |
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Jan 17 2008, 06:34 PM
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#4
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Group: Admin Posts: 6,906 Joined: 22-February 06 From: Austin Member No.: 9 |
QUOTE (Hartmann @ Jan 17 2008, 06:19 PM) I wouldn't do a full conversion. During the last dump like this my money saw a 50% loss, but when it recovered I gained close to 200%. (Black Rock Fund) I don't have a whole lot in there anway. Just over a grand. It's just my roll-over from the last job's 401k, but I haven't been contributing anything new. -------------------- |
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The Fanatic A rough day on Wall Street Jan 17 2008, 04:52 PM
impala454 QUOTE (Hartmann @ Jan 17 2008, 06:19 PM) ... Jan 18 2008, 10:30 AM
Testm0nkey but when this sort of stuff happens thats a good t... Jan 17 2008, 05:03 PM Hartmann I will say that I think the tax "rebates... Jan 18 2008, 08:26 AM Spectatrix QUOTE (Hartmann @ Jan 18 2008, 08:26 AM) ... Jan 18 2008, 10:13 AM blaarg I'm in the process of moving my bank account c... Jan 18 2008, 10:04 AM johnthedrunk QUOTE (blaarg @ Jan 18 2008, 10:04 AM) I... Jan 18 2008, 11:34 AM |
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