at 10:31 am CST the DJIA was down 337.31 (2.55%). Well there is the change that administration was speaking of. Europe is also generally down across the board but not to the same extent. Got preps?
at 10:31 am CST the DJIA was down 337.31 (2.55%). Well there is the change that administration was speaking of. Europe is also generally down across the board but not to the same extent. Got preps?
I expected this with the outcome.
Dark clouds are over us and the storm is a brewin!
Don't wrestle with pigs; you'll get all muddy and the pigs will love it!
Luckily I moved what little I have in my 401K to a money market account 2 weeks ago. No exposure to the market. Hell I'm considering pulling that out to pay off some debt.
I expect the market to continue down for the next couple months. Depending how the negotiations go on the spending cap and auto cuts that are upcoming, it could get severe and quick. Keep a close eye out because shit could start downhill at the drop of a hat.
Last edited by bacpacker; 11-07-2012 at 09:07 PM.
I pulled completely out in September, so now I don't worry about what the market does except for crashing and the snowball effect from that. First time I've been out of the market in 20 years. Feels good.
- - - Updated - - -
If we got a new president, I was going back in, but........
Don't wrestle with pigs; you'll get all muddy and the pigs will love it!
down down down... that burning ring of fire...
Closed down 312, was down as much as 367 at one point. Be interesting to see what happens tomorrow.
More of the same I'm afraid.
Boehner is now offering to accept revenue increases, supposedly only those based on growth but once they concede anything like this they end up accepting actual tax rate increases. These are the same Repub leaders that ignored or ridiculed their own Tea Party members in 2010.
Didn't imagine the Repubs would rollover and offer their belly to Obama this quickly.
I better not go into all the stuff I see that happened both leading up to this election and the crap coming shortly. I will get wayyyyy to political and don't want to cause issues and get banned.
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