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Looks like it's going to be a bloodbath

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athensguy
Valued Contributor

Looks like it's going to be a bloodbath

Dow is down 1.43% in the first 7 minutes of trading.

Think we'll end up hugely down, or will it recover?
Message 1 of 17
16 REPLIES 16
Anonymous
Not applicable

Re: Looks like it's going to be a bloodbath

It has recovered a bit- -85 points right now-
 
I have my buy prices in- (automatic trading contributes sooo much to this stuff)
 
The market wants the fed to reduce the prime rate- I hope they don't!!!!!!!!!!!!
Message 2 of 17
haulingthescoreup
Moderator Emerita

Re: Looks like it's going to be a bloodbath



@Anonymous wrote:
It has recovered a bit- -85 points right now-

I have my buy prices in- (automatic trading contributes sooo much to this stuff)

The market wants the fed to reduce the prime rate- I hope they don't!!!!!!!!!!!!



If they drop the prime much lower, I'm going to start making money on the HELOC.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Message 3 of 17
Anonymous
Not applicable

Re: Looks like it's going to be a bloodbath

Not me- I have a min rate set on mine.

@haulingthescoreup wrote:


@Anonymous wrote:
It has recovered a bit- -85 points right now-

I have my buy prices in- (automatic trading contributes sooo much to this stuff)

The market wants the fed to reduce the prime rate- I hope they don't!!!!!!!!!!!!



If they drop the prime much lower, I'm going to start making money on the HELOC.


Message 4 of 17
haulingthescoreup
Moderator Emerita

Re: Looks like it's going to be a bloodbath



@Anonymous wrote:

Not me- I have a min rate set on mine.


I'm sure I do, too. But I bet they weren't foreseeing this when they gave me prime less 0.95% Smiley Wink
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Message 5 of 17
Anonymous
Not applicable

Re: Looks like it's going to be a bloodbath

I hit my 4.99% min awhile ago-
Message 6 of 17
haulingthescoreup
Moderator Emerita

Re: Looks like it's going to be a bloodbath

Still at 4.05%. I'll have to dig up the original documents; they're not available online. Prime was 7.75% when I started, 11 months ago.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Message 7 of 17
Anonymous
Not applicable

Re: Looks like it's going to be a bloodbath

Bought 1500 AIG at $2.00 a share-
 
Tried to buy FIC at $24 - didn't happen  
Message 8 of 17
Anonymous
Not applicable

Re: Looks like it's going to be a bloodbath

Scratch that FIC bought at 23.90
 
 
Message 9 of 17
Anonymous
Not applicable

Re: Looks like it's going to be a bloodbath

AIG will be at $6 by the end of the week.

Timothy wrote:
Bought 1500 AIG at $2.00 a share-
 
Tried to buy FIC at $24 - didn't happen  



Message 10 of 17
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