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Dow Jones Record - Page 8

Dow Jones Yo-Yo

Dow Closes Up More Than 550 Points, Reversing Earlier Losses.
Ref. ABC News

Record Jones Dow

Yah we are saved! Dont worry about anything folks. It looks like that bail out is working.

Dow Jones Record History & Civil Business Politics

I am not buying into this. We are down nearly 300 points again today. With the way is was swinging yesterday dipping briefly below 8,000 points before swinging up shows we are far from done. Once the market stops these 500 + point swings then I may believe we are coming out of it.

Page 8 Record Jones Dow

I would tend to agree with that the over all market should be more stable. Some upward movement is always nice to see.

Record Jones Dow

Dow Caps Bad Week

Dow Caps Bad Week by Falling More Than 330 Points [4:08 p.m. ET]
Ref. ABC News

Dow Jones Record

Sorry, fellas, to disappoint you all. The market will never be stable. It's a giant casino, and people are "betting" (investing) in companies that they think will thrive and give them a "payout" (dividends). It's no different from the roulette wheel - except it usually takes longer to lose your money. Even with government intervention by the so-called Plunge Protection Team (President's Working Group on Markets), there is no stability.

I was talking to my boss the other day, and mentioned some of the finance columns that I read and how they have fared. He told me that he moved all investments for the company, the pension plan, and his own investments into liquid assets (mainly cash) over a year ago! "So, we're going to be okay," he said. I asked him if that was on the advice of a financial advisor, and he said, "No, I just had a bad feeling that I acted on. Turned out to be right."

So do these investors all work on "bad feelings" or "intuition"? Or how about the lame advice of "buy and hold for the long run no matter what"? It's all a big game, and I'm glad I have nothing at risk right now.

Dow Jones Record - Page 8

I was just being sarcastic before. I think it will go down to 2 or 3,000 eventually.

Dow Jones Record Politics Business Civil & History - Page 8

The latest report I have heard is that what we have seen recently is just a few bumps in the road. They said it is going to get ugly here real soon. You may be right Quasar we may need that extra ammo and extra store of food.