Stock Market crash 777 points

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Old Sep 29, 2008 | 01:53 PM
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Stock Market crash 777 points

How does that affect you Bay Area?

Old Sep 29, 2008 | 01:58 PM
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Oh good, I didn't really like my money anyways...
Old Sep 29, 2008 | 02:02 PM
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Time to buy....maybe.
Old Sep 29, 2008 | 02:05 PM
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Holy **** wat the hell Is going on with America!

Edit: I ment World but America still works also.
Old Sep 29, 2008 | 02:07 PM
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calm down...

check in tomorrow and it'll be back up.
Old Sep 29, 2008 | 02:08 PM
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We'll be using Pesos by the end of the week....


Viva Zapata!
Old Sep 29, 2008 | 02:09 PM
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We still have a ways to go folks.

It's mean, but I'm looking to buy a home/invest in a home sometime next year... no bail out means much tighter credit and that means people with fair or worse credit and no money to put down will not be getting homes.

If the bail out happens, that means the mortgage rate will drop even more and companies will hand out more and more credit to undeserving people... harder for me to find a home I can afford.

It's selfish of me, but I'm looking forward to rock bottom home prices around here and jumping on the mistakes of others.
Old Sep 29, 2008 | 02:09 PM
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Originally Posted by Lboogie
We'll be using Pesos by the end of the week....


Viva Zapata!


It's all about Pancho Villa bud Oralay!
Old Sep 29, 2008 | 02:11 PM
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Originally Posted by Paul@dbtuned
Time to buy....maybe.
w00t upgrade to porsches in ten years!!!
Old Sep 29, 2008 | 02:11 PM
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Originally Posted by ldivinag
calm down...

check in tomorrow and it'll be back up.
day trade the *****
Old Sep 29, 2008 | 02:11 PM
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Originally Posted by ldivinag
calm down...

check in tomorrow and it'll be back up.
might go up in the morning due to people buying back on the dips, but will just drop back since the House isn't going to vote on the bailout until Thursday.

And then on Friday u have the jobs report out, which most likely isn't going to be good.
Old Sep 29, 2008 | 02:13 PM
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my retirement fund dropped like 3 dollars a share.... thats how this effects me
Old Sep 29, 2008 | 02:13 PM
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Commodities are quickly becoming the life raft for people vested into the credit market.

Platinum and Gold (especially Bullion) are sittin' pretty.
Old Sep 29, 2008 | 02:14 PM
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Wow, what a good year!

Let's just hope gas prices don't fluctuate too much.
Old Sep 29, 2008 | 02:15 PM
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I just hope it rebounds some time before I turn 65 or so.

My 401k is down about 50% where as in the previous 5 years it was on a steady gain of around 14-16%



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