DOW below 10,000 for the first time in 4 years

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-- DOW below 10,000 for the first time in 4 years
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Posted by elFreak on Oct-10-2008 18:09:

welp...my south korean investments are starting to fuck me hard.

woot!

Posted by Trancealot on Oct-10-2008 18:09:

quote:
Originally posted by gehzumteufel
You spelled Rabbi wrong.

misspelling. Now it is cor worthy

PS I am jewish but not real deal so I ate because I was hungry.Did anyone fast on yum kippur? This kosher pizza place was closed near my work place that day so I knew it was def a holiday for the real deal ones.

Posted by gehzumteufel on Oct-10-2008 18:20:

quote:
Originally posted by Trancealot
misspelling. Now it is cor worthy

PS I am jewish but not real deal so I ate because I was hungry.Did anyone fast on yum kippur? This kosher pizza place was closed near my work place that day so I knew it was def a holiday for the real deal ones.

lol yeah I am not in any way religious. I observe the holidays I am forced to that relate to religion and that is all.

Posted by Trancealot on Oct-10-2008 18:23:

quote:
Originally posted by gehzumteufel
lol yeah I am not in any way religious. I observe the holidays I am forced to that relate to religion and that is all.

no more fun stuff back to business. That is the Market going down.
Now what do we do about it? Its up to TA chill out room to solve the problem. Forget the president and his 700 billion $ bill's.

America is COr needs to make it again. Bush made it <--reminds me of madlibs

Posted by iammesol on Oct-10-2008 20:17:

DOW just lost 1.5% today. lol

Posted by Realist on Oct-11-2008 00:14:

Prepare for more bankruptcies.

Citigroup will burn by the end of the year.

Posted by Jabberwocky on Oct-11-2008 00:16:

quote:
Originally posted by Realist

Citigroup will burn by the end of the year.

Negatory. It didn't need Wachovia, nor the lost stock. It's got plenty to burn.

Edit/ Okay, definately not plenty. Perhaps you meant CIT Group, much different. As I understand it, Citigroup was up some 10% today.

Posted by iammesol on Oct-24-2008 16:35:

Bump for relevance.

www.nytimes.com

Posted by tubularbills on Oct-24-2008 16:37:

i've never invested in anything in the stock market.

but i'm concerned about is getting a mortgage for a house in oklahoma when i move. and a rate that isn't like 7% or higher.

Posted by winston on Oct-24-2008 16:42:

i've arrived to the conclusion that economics is merely the study of social behavior (it is indeed a social science) based upon man-made theories that by nature, may be proven wrong over time and may be seen as a sophistry of 'reality'.

Posted by fbgdavidson on Oct-24-2008 16:51:

quote:
Originally posted by tubularbills
but i'm concerned about is getting a mortgage for a house in oklahoma when i move. and a rate that isn't like 7% or higher.

If you've got excellent credit then you should be OK.

Posted by iammesol on Oct-24-2008 20:34:

Ended at -3.59% today.

Posted by jonSun on Oct-24-2008 20:51:

quote:
Originally posted by tubularbills
i've never invested in anything in the stock market.

but i'm concerned about is getting a mortgage for a house in oklahoma when i move. and a rate that isn't like 7% or higher.

if your credits tight expect your interest rate to be lower.

Posted by Massive84 on Oct-24-2008 21:54:

quote:
Originally posted by Krypton
Can't wait for the European market to open...and then our market...

The Euro already dropped allot. And expectations are that the Euro will be weaker than the Dollar in the future. Speculations are that when America recovers from this recession, Europe will start with one.

Holland is already feeling this crap.

The house prices dropped by 0.3% (maybe more now) this month. The house prices have not dropped for as long as i can remember.

ING recieved a 10 billion Euro injection from the government, because it needed some liquidity.

Fortis/ABN AMRO is now a state bank, because the Dutch part is bought over by the government.

And rumors are that AEGON might be in trouble too. All in all, Europe is starting to feel this bad mojo too!

Currently i am doing International business mangement studies, and i am wondering if there is any future for me if i finish it

Posted by Groundhog Boy on Oct-24-2008 23:59:

quote:
Originally posted by fbgdavidson
If you've got excellent credit then you should be OK.

That's not really true. Even with good credit, rates are up even though the Fed rate was recently lowered (and they're talking about taking off another .75% next week which would bring us to our lowest Fed rate in history). My brother's been in the market to buy a house in VA for about a year but hasn't found anything that he and his wife agree on, or they've been outbid. Now, he's about ready to throttle his banker because she didn't lock in his rate a month ago when the credit market started to lock up and he's looking at another 1-1.5%, which will tack on another $100+/month to his payments...for 30 years.

Oh, and he's got excellent credit, btw.

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