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Damn...I took it in the shorts today on the stock market.

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Squatch Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-27-07 07:13 PM
Original message
Damn...I took it in the shorts today on the stock market.
One of my IRAs is down 6%.

I trust my fund managers will use this opportunity to identify and obtain some good values.

Good thing I don't retire for another 20 years.
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Kajsa Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-27-07 07:35 PM
Response to Original message
1. I heard the Dow was down 400 points, today.
http://www.nbc4.tv/money/11126736/detail.html

Another report said 500 points.

That's a big plunge.
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Xipe Totec Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-27-07 07:38 PM
Response to Reply #1
2. Bottomed at -500, recovered to -400
Not that I track it or anything...

just idle curiosity, you see....










Oh F*ck! :argh:
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Kajsa Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-27-07 07:45 PM
Response to Reply #2
3. Same here.

I have no money in the market.

But I do get news alerts in my e-mail.
That was one of them, today.
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hfojvt Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-27-07 07:49 PM
Response to Reply #1
4. but it's up about 1800 points in the last 18 months isn't it?
so people should still be up over 1000, depending on when they got in. And depending on when they get out. Tomorrow, or after tomorrows 400 point drop? Rue ha ha ha ha.

Just kidding. But ya might wanna check the Chinese market when you get up tomorrow morning.
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achtung_circus Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-27-07 07:51 PM
Response to Original message
5. I got out of equities 2 weeks ago
and into money markets, with an emphasis on the Euro.

We'll see.
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gmoney Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-27-07 08:34 PM
Response to Original message
6. lost about $1600 on paper today...
owch
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Auggie Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-27-07 08:50 PM
Response to Original message
7. I'm down $6551.84
Could have been worse had I not been diversified
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