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This has to be the biggest one day loss I ever had

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  • #16
    Originally posted by bigfrank View Post
    I am Down 6.53 % GE was my main loser
    I've held that for years, too, BF and it has remained mostly steady with decent dividends. Of course, things can turn on a dime.
    Time for Cramer tonight !

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    • #17
      Originally posted by bigfrank View Post
      I am Down 6.53 % GE was my main loser
      GE....Oh no, I have GE.
      Angela

      If you change the way you look at things, the things you look at change.

      BTW, I'm still keeping track of how many times you annoy me.

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      • #18
        On days like this, I don't even look.

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        • #19
          Originally posted by Beaglemom3
          I've held that for years, too, BF and it has remained mostly steady with decent dividends. Of course, things can turn on a dime.
          Time for Cramer tonight !
          Originally posted by ArtsieAng
          GE....Oh no, I have GE.
          Do your selves a favor and do not look unless you want to get a bargain and buy more so you can lose more on another day. I have had it with trying to figure this market out. Best is just buy a good paying Div stock and hold it.
          Timeshareforums Shirts and Mugs on sale now! http://www.cafepress.com/ts4ms

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          • #20
            Originally posted by bigfrank
            Do your selves a favor and do not look unless you want to get a bargain and buy more so you can lose more on another day. I have had it with trying to figure this market out. Best is just buy a good paying Div stock and hold it.
            I'm not looking. I know that it would be too depressing.
            Angela

            If you change the way you look at things, the things you look at change.

            BTW, I'm still keeping track of how many times you annoy me.

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            • #21
              IMO If you have cash sitting and waiting to get back in today is the day to get back in.
              As it happens, I mailed a couple of nicely-sized checks to my kids' 529 accounts today. They should arrive in a day or two....

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              • #22
                Don't look, GE is even worse than BF said.
                Don

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                • #23
                  Originally posted by vintner View Post
                  Don't look, GE is even worse than BF said.


                  Dow plunges more than 500 points at closing, yikes!
                  Angela

                  If you change the way you look at things, the things you look at change.

                  BTW, I'm still keeping track of how many times you annoy me.

                  Comment


                  • #24
                    We discussed this in a previous thread....we were waiting for the other shoe to drop....the insurers. We discussed this remember? It took longer to happen then I expected.

                    There are ways to play the market up and down. Why most people only bet it is going up is beyond me. One can make more money and faster when it goes down.....FEAR is more powerful than greed.

                    I hope you all kept some powder dry so you can buy. When everyone panics and its doom and gloom is when I get excited.

                    For our long term mutual funds and 529 plans....its just dollar cost averaging and don't stop now....now is when we make up for when we bought closer to the highs. It averages out to a decent return. Highs and lows are hard to pick....very hard.
                    "If a Nation expects to be ignorant and free in a state of civilization, it expects what never was and never will be.... If we are to guard against ignorance and remain free, it is the responsibility of every American to be informed."
                    -- Thomas Jefferson to Col. Yancey, 1816

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                    • #25
                      Originally posted by Beaglemom3
                      Re: Lehman

                      "A stock broker is one who invests other people’s money until its all gone.”
                      -Woody Allen,

                      Hence the word, "broker" ?

                      Bad, bad day. The worst since the big 500 drop back in the '80s.
                      You are so correct. Looks like my broker is not earning his keep!!!!!!!

                      Down 4.5% today and about 12% for the year and the year has not ended.

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                      • #26
                        Originally posted by Ryne08
                        Looks like my broker is not earning his keep!!!!!!!
                        Alas, they're brokers, not psychics.

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                        • #27
                          This is a tough week, "triple witching". There is more activity on these quarterly weeks of options expiring. May be an active last half of the week.
                          Don

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                          • #28
                            Down 10.25

                            I've made a bundle on paper in the past as a buy and hold person for the past 25 years but today got me as I dropped 10.25 and on paper lost more today than I paid for my first house. A huge amount of it is from BAC which is also what I have made most of my money from over the years.
                            The one good thing with BAC is I'm still way up over what I origanly paid for it and the dividends alone have paid for it about 8 times over.
                            Bart
                            I live to vacation and vacation to live.

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                            • #29
                              What's that old saying?

                              We have an opportunity to buy land...after today, I think we'll take it!

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                              • #30
                                Originally posted by bigfrank View Post
                                I am Down 6.53 % GE was my main loser
                                It still went down after market now I am at -6.98% down for the day
                                Timeshareforums Shirts and Mugs on sale now! http://www.cafepress.com/ts4ms

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