How about those markets?

Great. I just love a huge crash in the morning.

Seriously, this is nuts! I’m actually thinking of buying some stock today at these low prices, but I’m afraid I will be buying them way too high now. How low can stocks go?

@rawpixels: Pick companies with a heap of capital and you’ll be fine provided you’re not necessarily looking for a short-term investment. They might jump 20% the next week, or continue to dwindle for a year or more before they pick up.

@richardhenry
I actually have a lot of money invested in Apple, and I’ve been buying on big dips. Judging from Apple’s latest earnings report and conference call, they seem to fit into the category you described.

After the crash of 1929, the DJII regained 74% of its value by mid-March, 1930. Widespread bank failures subsequently led to the Great Depression, not the stock market.

I can’t afford to cash out at these prices, so I’ll just have to wait it out. Of course it sickens me that I didn’t get out when the first cracks in the foundation appeared – the oversupply of unsold homes – but it’s all spilt milk now. I just hope I can hang onto my job so I don’t have to cash anything out for living expenses.

I feel this is something worry about, if you’re someone with capital put in reserve. For others, this “crisis” couldn’t be more irrelevant to our daily life anyway.

I’ts a great time to find good stocks to buy at a good price (valuation wise).

http://google.com/finance was replaced wit a big RED screen. What’s going on?!

@mjoyce: Looks fine to me?

Since I am old and conservative; I have a portfolio of about 30% stocks and the rest in Vanguard muni-bond funds. When the stocks go up, the NAV of the bonds drop. This morning it reversed. The bonds increased in value, on paper, 100% more than the stocks, which are looking pretty droopy.

So I just know when to hold…for a long time.

I am paying attention to what is going on….but not obsessively. I have no intention of selling anything for a loss. I have faith that it will come back. It will take awhile, but it will happen.

@Snoopy

That’s pretty smart. I’ll probably do the same soon. Obsessively watching my stocks can get crazy

Global Economy is on downward trend…. and after mumbai bomb blast it will going to effect drasticlly… for more economy market updates visit http://in.reuters.com/money