Bad day for investors....DOW darkest day in recent history!!!

**sweeps** · 06-26-2008, 03:44 PM

Sucks to be a GM investor too.
GM drops to 53-year low, Goldman urges "sell": Financial News - Yahoo! Finance

**disneysteve** · 06-26-2008, 05:57 PM

Sounds like a call for bargain shoppers to me.

**m3racer** · 06-26-2008, 06:05 PM

Originally posted by disneysteve View Post

Sounds like a call for bargain shoppers to me.

**aida2003** · 06-27-2008, 05:38 AM

Yep, I'm considering to increase my investments a little bit as well. At the beginning of 2008 I read somewhere that the second part of 2008 will be quite rocky (thanks to election in addition to everything else like oil trading, credit crunch, $'s slump, housing, etc.), so now I come to remember that maybe we're starting a roller coaster-ride and it's time to board

.

**aurielle** · 06-27-2008, 02:17 PM

Yep my mutual fund is on sale

**Scanner** · 06-27-2008, 03:19 PM

Yeah, but I am not really investor, since I own silver and it was up about 1.8% today.

At least that's what I am told here

**maat55** · 06-27-2008, 03:32 PM

Originally posted by sweeps View Post

Sucks to be a GM investor too.
GM drops to 53-year low, Goldman urges "sell": Financial News - Yahoo! Finance

Are you waiting on a shark to swim by and scare you off that sunken boat? Of course, they might come out with the gas car of the century and turn it around.

**abumhira** · 06-28-2008, 04:43 PM

I guess its time to buy more shares in some promising mutual funds even during these dark ages..."One men's meat is another men's poison.."

**sweeps** · 06-28-2008, 05:44 PM

Originally posted by maat55 View Post

Are you waiting on a shark to swim by and scare you off that sunken boat? Of course, they might come out with the gas car of the century and turn it around.

No, I don't invest in individual stocks. Just was intrigued by the headline.

**nittany** · 06-29-2008, 04:11 AM

Down turns in the market are always an opportunity to buy. That is the beauty of dollar cost averaging.

**banditfist** · 06-30-2008, 07:26 AM

My ultrashort ETFs are even more beautiful. They are not long term holding.

**QueenOphelia** · 07-01-2008, 11:00 AM

Bottomfeeders of the world unite!

**tripods68** · 07-01-2008, 12:00 PM

Just remember, this market will break sooner or later. It's takes a lot of courage to own individual stocks in this environment. But I'm hangin on....

**disneysteve** · 07-01-2008, 12:04 PM

Originally posted by tripods68 View Post

Just remember, this market will break sooner or later. It's takes a lot of courage to own individual stocks in this environment. But I'm hangin on....

I don't recall who said it, but there is a famous saying that the best time to make money in the market is when there is blood in the streets.

Bad day for investors....DOW darkest day in recent history!!!