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Old 10-06-2008, 08:25 AM   #1 (permalink)
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Market plunging again

down 385 points...
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Old 10-06-2008, 08:28 AM   #2 (permalink)
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Quote:
Originally Posted by anhailla View Post
down 385 points...
Makes you wonder what would've happened had congress stalled the bailout again.

These are return echoes from the otherseas markets that our bailout can't control or affect.
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Old 10-06-2008, 08:36 AM   #3 (permalink)
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Makes you wonder what would've happened had congress stalled the bailout again.

These are return echoes from the otherseas markets that our bailout can't control or affect.
It seems some of this has been expected...still major bank failures to come.

The bailout was to ease our own credit markets. Maybe the bailout prevented a great depression( major bank run) but not a major recession??

Who knows, I given up trying to understand...lol
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Old 10-06-2008, 08:41 AM   #4 (permalink)
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down 489...maybe we'll break the 777 record
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Old 10-06-2008, 08:47 AM   #5 (permalink)
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down 555...



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Old 10-06-2008, 08:53 AM   #6 (permalink)
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Quote:
Originally Posted by anhailla View Post
Who knows, I given up trying to understand...lol

God grant me the serenity to accept the things I cannot change,
courage to change the things I can,
and the wisdom to know the difference.


It is out of our control.
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Old 10-06-2008, 10:59 AM   #7 (permalink)
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Quote:
Originally Posted by Alwayzpeaceful View Post
God grant me the serenity to accept the things I cannot change,
courage to change the things I can,
and the wisdom to know the difference.


It is out of our control.
Indeed it is...much of my anxiety has passed with the first plunge.
I never suspected that I had any control or that my anxiety would make any difference.

But the fact remains, that people who may need their money that is invested in the market soon, let's say 5 years or sooner.... are in big trouble. They need to decide whether to completely remove their investments, if they're able too.

In other words, there are many who can't just say..."it's out of my control" they have to make a major decision, life altering even.

However, I understand the sentiment behind the statement..."accept the things I can't change" To me, that is something that may work well in personal relationships...or when dealing with work matters that are beyond someone's control.
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Old 10-06-2008, 11:45 AM   #8 (permalink)
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Quote:
Originally Posted by anhailla View Post
Indeed it is...much of my anxiety has passed with the first plunge.
I never suspected that I had any control or that my anxiety would make any difference.

But the fact remains, that people who may need their money that is invested in the market soon, let's say 5 years or sooner.... are in big trouble. They need to decide whether to completely remove their investments, if they're able too.

In other words, there are many who can't just say..."it's out of my control" they have to make a major decision, life altering even.

However, I understand the sentiment behind the statement..."accept the things I can't change" To me, that is something that may work well in personal relationships...or when dealing with work matters that are beyond someone's control.
Emotions are out of our control, as in you cannot make someone love you but the actions of mankind our obviously in our control and it's our responsibility to hold those who fail accountable. We may not be able to change what has already happened but we CAN change the future.
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Old 10-06-2008, 11:50 AM   #9 (permalink)
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Quote:
Originally Posted by Vicariously I View Post
Emotions are out of our control, as in you cannot make someone love you but the actions of mankind our obviously in our control and it's our responsibility to hold those who fail accountable. We may not be able to change what has already happened but we CAN change the future.
AHHHHH....that's what I was trying to say

If we don't understand what happened (or is happening) with the market and the economy...how do we know what dangers to watch for and what regulations to ask for?
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Old 10-06-2008, 12:27 PM   #10 (permalink)
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