09-30-2008, 04:41 PM
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#127
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Avalon Senior Member
Join Date: Sep 2008
Location: SoCal - Magic Mountain/Mystery Mesa -1,500 above sea level
Posts: 32
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Re: Breaking news, stocks plunge,$700bn plan rejected!
If you don't sell, you don't lose. The market will come back. If you are diversified in good long standing companies and don't have all your eggs in one basket you should be fine. At least that's what we're doing. We are just holding tight, not giving into the fear and waiting for the marekts to adjust as they have done before...and even worse times than this.
I watched a British film over the weekend and it was a good eye opener. It was Britain in WWII and how people had to send their children away to live with strangers so they could serve in the war effort or to get them out of the big cities. How many of us have had to do that? We don't know what hard times are because we haven't had to live through what our grandparents did. There is a lot of encouraging buying on our markets today - to sell would not serve the purpose of keeping the markets going - not to mention you would lose your butt. Just my humble opinion
Quote:
Originally Posted by PaladiN
This realy sux for me, if I sell now I will lose almost half what I paid for my shares ages ago, bloody america sort this **** out now!
I need the market to get back its gains  damnit every day they delay this bailout is costing me big!
Soon I will have nothing left 
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