Is black Tuesday coming?

[Anonymous]

Global Bloodbath

2008-01-21 — blogspot.com

``US Markets are closed but S&P futures are down 4.5% and Nasdaq futures are down 4.0%. We are looking at a possible lock limit down open on Tuesday unless Bernanke pulls a magic rabbit out of his hat. Don't count on it.'' -- We suspect the PPT is not getting this MLK holiday off.

[Anonymous]

	FTSE 100	-323.50	-5.48%	5,578.20
	XETRA-DAX	-523.98	-7.16%	6,790.19
	CAC 40	-347.95	-6.83%	4,744.45
	HANG SENG	-1,914.73	-7.60%	21,904.13
	NIKKEI 225	-500.47	-3.76%	12,825.47

11 Pm AZ time- 1/21/08

[Anonymous]

Oh yeah!  Moved all my 401k out of stocks and into money market and bonds just over two weeks ago.  Its gonna be brutal this quarter.  Button down the hatches and don't make waves at work.  Run for cover . . . really nasty weather ahead.

[Anonymous]

Fed emergency .75 rate cut

Stock Futures Gyrate After Fed Move

By TIM PARADIS – 31 minutes ago

NEW YORK (AP) — U.S. stock futures seesawed Tuesday after the Federal Reserve, responding to a growing financial market crisis, slashed interest rates 0.75 percentage point.

Dow Jones industrial futures, down more than 500 points before the Fed move, were fluctuating violently an hour before the start of trading.

Sorry- I forgot to post the link to the article-

Message Edited by Timothy on 01-22-2008 05:47 PM

[Anonymous]

I've already lost $300 (not much I know but way too much for me), how can I do that or should I just do a loan and invest that in Gold Stock?

Your help is GREATLY appreciated!

[Anonymous]

Bail-out Tuesday.  Short term rebound.  More to come.

[Anonymous]

Cramer is right....................pigs get slaughtered.

[Anonymous]

Not sure what that means - transfer out?

THX?!!  Only options I appear to have are Retirement Fund (mix of stock/bond) and a Trust...someone just told me to sit tight as I will guarantee the loss for sure if I bail now!

Ugh - we get one inch only to fall back 2 - we all need every penny we earn

[haulingthescoreup]

Hi, beach --the only problem with switching to gold now is that you will be selling low and buying high. I'm irritated with myself, because I thought about moving some of my Roth to precious metals a month ago, but I let it go. (All my main retirement stuff is well diversified. It just doesn't have much going on in GNMA's, commodities or precious metals, so I try to hit those in my other funds.)

If you aren't having to pull this money out in just a few years, I say grit your teeth and hang in there. A lot of pundits are saying that this is a 2-quarter recession and a necessary correction, and that most of the losses will come back reasonably soon. It's different if you're getting close to retirement, in which case you needed to be less in stocks and more in cash and bonds. For now, I will keep investing my $788.46 every two weeks in my same mix, knowing that I'm buying more shares of my index funds that I used to, and when the markets recover --WHICH THEY WILL --I will have that much more working for me.

Can you tell that I've been stuck at home today with icy roads, and financial news has been on?

[Anonymous]

What a bail out-

OK - Funds rate is cut-

What are the going to do with Prime?

If they don't cut prime- we will have the same thing next week-  

My Google stock has taken a beating down $163 a share from it's peak. I sold 1/2 of my shares at $724. a few weeks ago.

I moved eveything around in Oct/Nov so the rest of the damage was minimal-