All last week as the markets tanked I crowded onto the website of Wall Street Journal like a moth to flame. And today the Dow ends up over 900 points. Is this for real or a euphoric blip? Should I have been selling today when the market didn’t tank after 3 p.m.? Only time will tell.
To my credit, I didn’t bite on any of those commercials flashing just below the market report all last week. The Jack Daniels bottle all but danced out of there and poured me a drink. Now that I understood the targeted marketing concept, I watched for someone to sell spots on the ledge of the 14th floor of an office building. A news story running below was about San Francisco’s plans to install a chain net under its bridge, though its not there yet. Wink Wink
For today, I will settle for pinning the tail back on the financial donkey. Besides I’m out of Jack Daniels.
I’ve lost and lost and lost…but I am waiting it out…no selling or buying right now. Am I scared? You bet! Am I hopeful? Only somewhat, but at this point selling would be fruitless and would only make permanent a loss of far more than I care to think about. I’d rather have a little bit of hope than none.
I’m with you, Tabbie.
Oh sweet Jesus, Bush is gonna open his fat mouth in the morning and I fear the market will fall. If he only would just shut up and take his Bushisms and go back to drinking in Craw-ferd and take his corrupt neocons with him and get Buffett and Bloomberg to run the show, it would seem that someone actually knew what they were doing, wereas Paulson took that huge millions of dollar retirement package from Goldman Sachs and is one of “those” who pilfer from the company before it goes down…rent me a space on the ledge….
P/S, don’t forget the ISX – the Iraq stock market has been gaining momentum steadily as we declined. Invest in their oil or their homemade weapons, they will use it all when the ‘occupiers’ leave, that’s when we will find out who the next real ruler of Iraq is.
Oh no! Not another market-wilting Bush speech. We’ve got the Dow built into a tall Jenga and he’s gonna yank out a piece again? Say it isn’t so.