PDA

View Full Version : Stock Market in Freefall



GoMuskies
01-22-2008, 09:32 AM
Ok, with the rate cut today hasn't been too, too bad....YET. Can't wait to see the international fund in my 401(k) get priced this afternoon. Could be U-G-L-Y. I can't bring myself to log into my brokerage account to look at the full extent of the damage, but I'm sure it's not pretty.

The only good news is that my monthly HELOC payment went down by about $30 a month with the interest rate cut. Woo hoo!

Anyone have the foresight to go short a few months (or even a few weeks) ago?

Muskie
01-22-2008, 09:39 AM
No... i guess I'm just going to ride this one out.

coasterville95
01-22-2008, 10:06 AM
Thanks for ruining my morning. I just took a look at mine. For the last two years (as far back as my 401(k) providers self serve web portal will go) I have been turning a respectable profit. This month has been brutal, I mean the word bloodbath might apply.

As you say U-G-L-Y.

ATL Muskie
01-22-2008, 10:46 AM
Not even gonna look. It's like watching DC Muskie on a date- you want to look, but it's too uncomfortable.

XU Fan
01-22-2008, 11:21 AM
Yeah well I guess that makes this a good time to buy.

Stonebreaker
01-22-2008, 01:27 PM
Exactamundo.