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Old 01-22-08, 10:34 AM   #1 (permalink)
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Stock Crash Today?
Is it gonna happen?


Happened over-seas yesterday, right?
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Old 01-22-08, 10:34 AM   #2 (permalink)
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it's been happening. i'm trying to figure out what to do with my 401k.
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Old 01-22-08, 10:35 AM   #3 (permalink)
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Originally Posted by umalak_ View Post
it's been happening. i'm trying to figure out what to do with my 401k.

You could give it to me.
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Old 01-22-08, 10:38 AM   #4 (permalink)
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Quote:
Originally Posted by umalak_ View Post
it's been happening. i'm trying to figure out what to do with my 401k.
buy more stock? sounds like as good a time as any. I seriously doubt anyone here is looking to retire soon.
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Old 01-22-08, 10:47 AM   #5 (permalink)
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buy more stock?
that's what i'm thinking....


btw, I ask because apparently:
"feds panic'd and dropped prime 3/4 of a point because foreign markets crashed yesterday due to impending US recession"
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Old 01-22-08, 07:47 PM   #6 (permalink)
 
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yeah for the fed doing what it should have done 2 months ago. i say at least another 75bp total cut will be rolled out over the next two months.

if you have any high interest notes this summer should be a great time to refi.

oh... and big tech is going to get a nice haircut tomorrow.
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Old 01-22-08, 10:26 PM   #7 (permalink)
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buy more stock? sounds like as good a time as any. I seriously doubt anyone here is looking to retire soon.
dueing the crunch at the end of Clinton and early GW's first term that's exactly what a friend of mine did.. the tech bubble burst and there was a ton of undervalued stock out there.. she bought up a lot of good stuff...
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