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Renew Deal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-04 04:53 PM
Original message
I just checked the stock market numbers
:wow::wow::wow::wow:

Dow 9,815.33 -147.70 (-1.48%)
Nasdaq 1,776.89 -44.74 (-2.46%)
S&P 500 1,063.97 -16.73 (-1.55%)
10-Yr Bond 4.217% -0.183
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prolesunited Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-04 04:57 PM
Response to Original message
1. That certainly doesn't look good
Edited on Fri Aug-06-04 04:57 PM by prolesunited
I just redid my retirement fund portfolio and dumped some of my worst losers, but it seems like they're ALL losers this week.

I'm stuck in a managed fund portfolio to get pretax benefits, but even the bond funds suck. The interest rates at the bank suck as well. Where does a teensy-weensy investor like me even put their money these days?
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Renew Deal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-04 04:59 PM
Response to Reply #1
3. The good news is...
Bush wants to privatize Social Security. :eyes:
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prolesunited Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-04 05:05 PM
Response to Reply #3
4. Hey, I'm already counting on that NOT
being there so I've tried to be disciplined about building my own retirement savings but they're screwing me there as well.
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Snow Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-04 05:20 PM
Response to Reply #1
7. Seriously? I'm buying put options....
Buy the ones that come due in October, and if things turn around you can sell them and pick up some call options for November. Pick some more volatile, but heavily traded stocks to buy options in, & they'll nearly always hop around enough that you can make some bucks from the options.
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noahmijo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-04 04:58 PM
Response to Original message
2. SHUT UP!! TAKE SOME PROZAC!
The economy is doing good okay? the president said so and I believe the president. I told you I will not stand for you libural commies who want to take my $25 tax break back okay???
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bleowheels Donating Member (356 posts) Send PM | Profile | Ignore Fri Aug-06-04 05:06 PM
Response to Original message
5. What do Bush and Cheney care? They already have their millions.
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SOteric Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-04 05:16 PM
Response to Original message
6. That's economic recovery. Can't you tell?
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Kahuna Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-04 05:32 PM
Response to Reply #6
8. Let's see. Market down. Flat job growth. Interest rates going north..
high energy prices... Stupid ass invasion of Iraq... Can anybody say.. Buh bye, georgy. :bounce: :bounce: :bounce:
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