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700B bailout plan rejected

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Old Sep 29, 2008 | 10:29 AM
  #41  
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Originally Posted by useless
i can't believe they were almost up to 200 not too long ago and now they're down to 106.66
If they hit 80 they'll be fantastically undervalued though
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Old Sep 29, 2008 | 10:29 AM
  #42  
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The market will correct itself, that's how a free market economy is supposed to work. Anyways we aren't the only ones taking a hit, the rest of the world is as well.
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Old Sep 29, 2008 | 10:29 AM
  #43  
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I wonder what is up with my roth ira
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Old Sep 29, 2008 | 10:30 AM
  #44  
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Originally Posted by eTresNueve
My 401K is getting obliterated. Hurray.
whats your year to date decrease :wtc:

Lets see whose is worse :chuckles:
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Old Sep 29, 2008 | 10:30 AM
  #45  
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Originally Posted by Skelly_GSR
with the way the economy is, its not surprising at all.
well yeah but it's still kinda crazy and scary
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Old Sep 29, 2008 | 10:31 AM
  #46  
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Originally Posted by Anthony
The market will correct itself, that's how a free market economy is supposed to work. Anyways we aren't the only ones taking a hit, the rest of the world is as well.
I believe the term for that is "Invisible Hand" :naughty:
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Old Sep 29, 2008 | 10:38 AM
  #47  
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Old Sep 29, 2008 | 10:39 AM
  #48  
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oh snap... I don't want to check mine :hs:
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Old Sep 29, 2008 | 10:40 AM
  #49  
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Originally Posted by RicoD
I believe the term for that is "Invisible Hand" :naughty:
Another term for it would be "History" as in, the entire history of the US market.

If i had spare cash, i would be putting as much in right now as i could.

Last edited by BetterBob; Sep 29, 2008 at 10:43 AM.
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Old Sep 29, 2008 | 10:41 AM
  #50  
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You guys do realize you only lose money if you cash out...right?

if you let it ride and it comes back up plus then you are doing just fine. Besides the money you put into it at this point will gain you far more than what you lost so right now is actually the prime time to buy up stocks or invest in funds...just have to wait to get closer to the bottom is all
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