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Stocks taking a beating today.

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  • Stocks taking a beating today.

    S&P 500 below 800 again. People fear the recession may be deapening -- stimulus or not.

  • #2
    Of the Dow, only Wal-mart is performing today.

    I've noticed that the market tends to tank on the day something is passed on capital hill. So, perhaps it's just intra-day trading at work, especially when considering that VIX is still high.

    Plus, for all we know, maybe the market might stage a last minute rally.... Don't know yet at this point.

    My trading is very close to a limit buy though, so I don't think this is all bad.

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    • #3
      I did not know until I saw this post. No reason to watch the markets every day. Our IRAs are turned off right now- we are keeping cash high for various reasons right now.

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      • #4
        Originally posted by jIM_Ohio View Post
        I did not know until I saw this post. No reason to watch the markets every day. Our IRAs are turned off right now- we are keeping cash high for various reasons right now.
        I'm doing the same thing, too.

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        • #5
          Wall street has no confidence in the package put forth( I can't even write stimulus). I started a thread a couple months back about 8000 being the bottom. I didn't anticipate the idiotic moves ahead. Time to get ready to ride out a long disastrous storm.
          "Those who can't remember the past are condemmed to repeat it".- George Santayana.

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          • #6
            Originally posted by mommyof4 View Post
            I'm doing the same thing, too.
            I like your signature

            Wife to 1
            Mommy to 4
            Slave to 15 chickens, 8 cats, 4 ducks, and 1 dog
            If you were wife to 4 and mommy to 1, I'd like to see the 4 fight over who pays for the 1.

            Better than the chickens fighting, or the dog chasing the cats.

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            • #7
              Originally posted by jIM_Ohio View Post
              I like your signature



              If you were wife to 4 and mommy to 1, I'd like to see the 4 fight over who pays for the 1.

              Better than the chickens fighting, or the dog chasing the cats.
              I don't think I could handle four husbands. One is more than enough!

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              • #8
                Added to my S&P 500 index fund in my IRA today.

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                • #9
                  Well I guess since it isn't a big cash giveaway to big business, or huge tax break to the rich, or the elimination of capital gains taxes, then I suppose wall street won't like it.

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                  • #10
                    Originally posted by mommyof4 View Post
                    I don't think I could handle four husbands. One is more than enough!
                    I think 2 wives would be easier than 2 10 month old twins half the time (usually the half where the wake me up at 5 am).

                    And the other play on the signature would be if you were a slave to the one husband and wife to the farm animals...

                    another topic for another day.

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                    • #11
                      Originally posted by jIM_Ohio View Post
                      I think 2 wives would be easier than 2 10 month old twins half the time (usually the half where the wake me up at 5 am).

                      And the other play on the signature would be if you were a slave to the one husband and wife to the farm animals...

                      another topic for another day.
                      I think that would be for another forum altogether...... and my school would definitely filter that site out, I'm sure!

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