Dow Death Watch

It plunged below 10,000 and then 9,000 earlier this week. How low will she go?

It was below 8k this morning for a while.

I think we're going to touch 7K before it's all said and done.

I don't care where it bottoms out as much as I care when it bottoms out. The sooner the market can rebound, the better off we will all be.

Let's see. The height not too long ago was a shade over 14,000. I'm gonna guess somewhere between 6500 and 7000 before it starts to pull back up. The market will correct itself...it's just a matter of time when.

Is anybody considering selling off any stock that they own? Have you thought about cashing out your 401k?

That thought actually crossed my mind this morning -- what if you had cashed out last Friday before this week's tumble?

Is anybody considering selling off any stock that they own? Have you thought about cashing out your 401k?

That thought actually crossed my mind this morning -- what if you had cashed out last Friday before this week's tumble?
Now is the worse time to think about selling unless you have such a poor portfolio of investments they will never recover then it might not be a bad idea.

I'm actual about to buy $15,000 in stocks today in Co's. that are strong but are getting dragged down by this mess. I'm guessing I might double my money in just a few months and wish I had more money to invest.

I agree with Beemnseven, now is not the time to start selling. If someone absolutely has to sell, I would "suggest" selling in increments with a time certain attached. For instance, I'm going to sell 10,000 of stock ABC. I would sell a specific amount over the course of five days or six days. That way if the market is starts to move higher on any one of those of six days, you're not locking in the same loss across the board.

Between the AIG stock I own and my 401k, I could honestly cry over the money I've lost recently. It's a serious kick to the groin. But, I'm certainly not going to panic and yank my money or switch it to less riskier investments. I figure I still have a good 20-25 years for it to grow. This is just a serious downtime in the cycle. My Dad on the other hand who recently just retired is sweating things a bit more.

Bargains can be had everywhere GE, MSFT, ORCL, BAC, oh my. I love it! I wish I had more money. Anyone selling their stock is a fool. If you buy established companies with good track record and are in it long term, you buy more...the more the stock falls the more you buy. If you're "timing the market" or "trying to make a quick buck" good luck, you'll need it.

I predict the lowest it will go is low to mid 7K. Anything below that is sustained for a month or two then I would worry.