Moderators Jeannieb43 Posted September 17, 2008 Moderators Share Posted September 17, 2008 The Dow Jones Average, and all the other stock averages, dropped farther and faster in the past two days than at any time in recent history. Wall Street is tanking. The Wall Street brokers are tearing their hair. If John McCain had his way, that would be our Social Security money Wall Street is losing. Quote Jeannie<br /><br /><br />...Change is inevitable; growth is optional.... Link to comment Share on other sites More sharing options...
Neil D Posted September 18, 2008 Share Posted September 18, 2008 The Dow Jones Average, and all the other stock averages, dropped farther and faster in the past two days than at any time in recent history. Wall Street is tanking. The Wall Street brokers are tearing their hair. If John McCain had his way, that would be our Social Security money Wall Street is losing. I thought, Jeannie, that you were combining storys....Iraqi tanks and the Wall Street Journal.... Yeah, that was a troubling thought... Quote Democracy is a device that ensures we shall be governed no better than we deserve. George Bernard Shaw Link to comment Share on other sites More sharing options...
Moderators Jeannieb43 Posted September 18, 2008 Author Moderators Share Posted September 18, 2008 http://finance.yahoo.com/banking-budgeti...nd-Yet-in-Sight We're going through the Second Great Depression. Quote Jeannie<br /><br /><br />...Change is inevitable; growth is optional.... Link to comment Share on other sites More sharing options...
Dr. Shane Posted September 18, 2008 Share Posted September 18, 2008 This is the time to buy stocks. Wall Street will come back, it always does. Investing now means an even greater return on money invested. Fear is driving the fall in the market. Stocks are now seriously undervalued. Quote Pastoral Family Counselor... Find me at www.PostumCafe.com Author of Peculiar Christianity Link to comment Share on other sites More sharing options...
fccool Posted September 18, 2008 Share Posted September 18, 2008 Shane, you are kidding, right? Stocks should be valued based on price/earning ratio! That's one of the reason you would buy stocks... for dividends yield. Today, these are valued based on some other dubious speculative data. Take a look at this... this was written in 1997 too. http://www.gold-eagle.com/analysis/stocks_over-valued.html Quote Link to comment Share on other sites More sharing options...
Dr. Shane Posted September 18, 2008 Share Posted September 18, 2008 No, I am not kidding. I am not paranoid either. I invest in stocks every month. Not all stocks pay dividends. Purchasing stocks is not only done to receive dividends. This is one of the greatest opportunities to invest in stocks. There may never be another opportunity in our life times when the market is so undervalued as it is now. Quote Pastoral Family Counselor... Find me at www.PostumCafe.com Author of Peculiar Christianity Link to comment Share on other sites More sharing options...
Members rudywoofs (Pam) Posted September 18, 2008 Members Share Posted September 18, 2008 I agree with Shane. If I had the money right now I'd be snatching up a couple of prime stocks right now. Quote Pam Meddle Not In the Affairs of Dragons; for You Are Crunchy and Taste Good with Ketchup. If we all sang the same note in the choir, there'd never be any harmony. Funny, isn't it, how we accept Grace for ourselves and demand justice for others? Link to comment Share on other sites More sharing options...
Dr. Shane Posted September 20, 2008 Share Posted September 20, 2008 Well, in the past two days Wall Street has gone up almost as much as it had fallen. So, I guess I was right... a g a i n. Quote Pastoral Family Counselor... Find me at www.PostumCafe.com Author of Peculiar Christianity Link to comment Share on other sites More sharing options...
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