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Stocks Collapse; People are scared to death

Discussion in 'Other News' started by WiseOne, Sep 17, 2008.

  1. Sep 17, 2008 #1
    WiseOne

    WiseOne Inactive contact bullhaulerswife

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    Feb 8, 2004
    Truckers Report, TN
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    Read More Here >> Yahoo Finance



    WiseOne's Comments, while a drop to 10,609 is a pretty hefty drop, I do not consider this a "crash" as the US Markets are STILL extremely stupid...and luckily so! IF the US Markets had gone down to 9,000, I would have called it a crash and a bite into the reality pill. But, as of yet, no reality. Still...a loooong way to go to get into reality!
     
    WiseOne, Sep 17, 2008
    WiseOne, Sep 17, 2008
    #1
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  3. Sep 17, 2008 #2
    rookietrucker

    rookietrucker Trucker Forum STAFF Staff Member

    10,061
    7,058
    Jul 15, 2007
    TEXAS
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    Its not a crash yet but reality in starting to settle in that the economy is getting weaker. I'm just wondering how much can the gov can keep bailing companies out? Where/What is the threshold ?
    ​
     
    rookietrucker, Sep 17, 2008
    rookietrucker, Sep 17, 2008
    #2
  4. Sep 17, 2008 #3
    Cybergal

    Cybergal Road Train Member

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    How We Got Here: It's Housing, Stupid
    9/18/08
    http://finance.yahoo.com/banking-budgeting/article/105782/How-We-Got-Here-It-Is-Housing-Stupid
     
    Cybergal, Sep 17, 2008
    Cybergal, Sep 17, 2008
    #3
  5. Sep 17, 2008 #4
    lilillill

    lilillill Sarcasm... it's not just for breakfast

    5,642
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    Nov 7, 2007
    Possum Booger, Alabama
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    Lehman Bros... Merrill Lynch... yep, time to start stocking up on guns and ammo.
     
    lilillill, Sep 17, 2008
    lilillill, Sep 17, 2008
    #4
  7. Sep 17, 2008 #5
    subsailor

    subsailor Bobtail Member

    14
    1
    Jul 2, 2008
    MA
    0
    if this keeps going the peso will overtake the dollar.
     
    subsailor, Sep 17, 2008
    subsailor, Sep 17, 2008
    #5
  8. Sep 17, 2008 #6
    Baack

    Baack Road Train Member

    15,294
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    May 24, 2007
    Wisconsin
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    We have all lived through bubbles before
    I am not sweating this one bit
    Just wish I would have bought more gold!!!!
     
    Baack, Sep 17, 2008
    Baack, Sep 17, 2008
    #6
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