The end is near. The curtain is about to close (brainwash, rating)

[brokensky]

Originally Posted by BentBow

There are predictions the stock market will lose more than 80% in this mess.


Where are your 401k's?

I don't think it will be that bad. And in any case, many people planned ahead and will be putting money back in when they see the position they feel comfortable with in the coming days.

[Bideshi]

Originally Posted by anifani821

I don't think it will be that bad. And in any case, many people planned ahead and will be putting money back in when they see the position they feel comfortable with in the coming days.

I already have my buy orders in place.

[le roi]

Originally Posted by BentBow

There are predictions the stock market will lose more than 80% in this mess.


Where are your 401k's?

mostly equity indices. who cares what S&P thinks?

[90sman]

Are you people excited and hoping for bad things to happen? The stock market isn't going to crash 80%.

[JazzyTallGuy]

Originally Posted by Bideshi

Do you think these predictions have merit?

Have you seen his other predictions:

This was his take on the 2010 mid terms:

Originally Posted by BentBow

Well let look at Blanche Lincoln...Goner!

Colorado, is looking Rosy Republican

Delaware, do I have to really go there.

Illinois looks like Kirk, when factoring in the independent vote.

Kentucky....Seriously?

Missouri .... The independent vote once again, plays in favor of Blunt.

Nevada... You Seriously think Reid has a chance?

New Hampshire ... Gone Republican in a avalanche!

Boxer will lose, but barely.

Indiana isn't even close.

North Dakota is going Republican

Washington... once again, the independent vote will put Rossi on top.

Wisconsin ... once again, the independent vote will put Johnson on top

the last is going to be a nail biter.......

New York... Schumer is done.

[hawkeye2009]

Originally Posted by BentBow

There are predictions the stock market will lose more than 80% in this mess.


Where are your 401k's?

80%? I doubt it. I am sure that there will be a little haircut tody. No one can really tell where the markets will be in a few months or a few years. I am just glad that I am not in the stock market and am essentially 100% in hard assets.

[Currency Pair Crocodile]

Originally Posted by BentBow

There are predictions the stock market will lose more than 80% in this mess.


Where are your 401k's?

People like you cannot invest. You should bury your money. Perhaps it will grow into a tree LMAO

[Currency Pair Crocodile]

Whatever you do folks, do not set stop loss orders. The market makers will see everything and will intentionally bring it down to what they call "shaking out weak hands".

[brokensky]

Originally Posted by Bideshi

I already have my buy orders in place.

I wish I were more savvy and knew how to do that. I re-sectored but that was only w/ a few mutual funds that I have some control over. Wish I knew how to actually be a trader so I could defensively control my financial destiny better.

Good for you - and I am sure you will come out of this intact.

[Currency Pair Crocodile]

And it may not be that bad. DOW futures tended towards -300 last night and it's pulling up to -200.

You will not have a big drop in one day possibly, the drop can go under 10K but it will be spread out over weeks.

You will have a tough time identifying the bottom. My best form of advice to people - don't invest this week. We will also see a little rally, but it will only be a rebound. Longterm outlook is that this is a clearcut bears downtrend.