I knew it %#%&

427 S/O · #1 (**permalink**) 01-22-2008, 07:54 AM

I knew the market would rebound this morning and I was too scared to buy.
My 'few' stocks went south this morning big time, and now there back in the
plus. I wish I knew when or, better than that, I wish I knew what I was doing.........

Ron61 · #2 (**permalink**) 01-22-2008, 08:19 AM

Perry,

Don't be disappointed. I don't think right now anyone knows what to do. I just looked at the DOW and it is already down by 190 points this morning. I have a feeling this may get a lot worse before it starts to level off.

Ron

427 S/O · #3 (**permalink**) 01-22-2008, 08:21 AM

Heck! Ron, it was down about 450 shortly after opening and I froze....Not big time but I could have made some change..........

Ron61 · #4 (**permalink**) 01-22-2008, 08:29 AM

Perry, just wait a while and it will most likely go farther down as more companies report in on their losses and the laying off of people. I don't own much stock and can't lose as the broker told me I have drawn over 12 times in dividends what I invested out of my pocket many years ago. So I just hold the little I have and if it goes to nothing I still won't lose and if it goes up any, I will just gain a little.

Ron