DA CORRECTION(S?)

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for ILX's jim cramers and warren buffetts:

Stocks Have Worst Day Since 9/11 Attacks

so, how much did y'all lose today? and do you think that this is a one-time "correction," or a harbinger of worse things?!?

― Eisbaer, Wednesday, 28 February 2007 00:23 (nineteen years ago)

funny thing is, i'd been thinking of starting an ILX thread about investing -- to bat ideas around with ILX folks re that subject. circumstance has forced my hand, so to speak.

― Eisbaer, Wednesday, 28 February 2007 00:26 (nineteen years ago)

It's a "correction" as stated by most every well-informed pundit out there. I predict more losses during the rest of this week followed by a slow recovery. A dip like this is usually a good time to buy after all.

― everything, Wednesday, 28 February 2007 00:44 (nineteen years ago)

i made a correction and then the table fell to the ground

― 688, Wednesday, 28 February 2007 00:46 (nineteen years ago)

How much this is just a correction will depend in part on stuff we can't entirely predict such as the Middle East situation and in turn oil prices. I also think the housing market fallout will continue to have a long, slow effect. OTOH, the Chinese drop was in part due to deliberate govt. action to cool the market - could that send investor dollars into U.S. markets or is that not how this sort of thing works?

― Hurting 2, Wednesday, 28 February 2007 04:08 (nineteen years ago)

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