I still think there is more downside to the market before we're at bottom

Current Events » in reply to re: The business headlines are grim, and the stock market is up.

Yeti — 7/23/2008 10:08:05 PM (archived)

But now isn't a bad time to get into index funds. Even if we go to low-10k/high-9k range, we're not all that far from a bottom. Or so I think. Unless we go into a 'great depression' scenario. Then its Dow-5000 or less. Woohoo.

The whole thread (12 posts)

Wachovia loss $8.9 Billion, cuts jobs, Mortgage Unit - carl - 7/22/2008 8:35:58 PM
- The business headlines are grim, and the stock market is up. - Bowser - 7/23/2008 4:21:22 AM
  - "Caterpillar's profit is up 21%" - Lindy - 7/24/2008 1:21:10 AM
  - "Fannie, Freddie bailout could cost $25 billion " - Lindy - 7/24/2008 1:18:48 AM
  - re: The business headlines are grim, and the stock market is up. - Hans - 7/23/2008 8:01:10 PM
    - I still think there is more downside to the market before we're at bottom - Yeti - 7/23/2008 10:08:05 PM
      - and the market drops 300 points today - Yeti - 7/24/2008 9:44:21 PM
- "Next bank run" - McFly - 7/23/2008 3:27:07 AM
- and Wamu comes in with a more than $3,000,000,000 loss - Yeti - 7/22/2008 11:33:42 PM
  - That's what they get for selling my mortgage to Wells Fargo. - ER - 7/23/2008 1:32:46 AM
    - Ponzi Scheme? - Lindy - 7/24/2008 1:13:23 AM
    - STOP Paying, SUCKERS!!!!!!! - carl - 7/23/2008 2:46:30 PM

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