Comments on: Stocks Saved the Worst for the Last, Closing at 5-Year Low http://www.thesunsfinancialdiary.com/investing/stocks-saved-the-worst-for-the-last-closing-at-5-year-low/ Sat, 21 Nov 2009 20:14:32 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: Tim http://www.thesunsfinancialdiary.com/investing/stocks-saved-the-worst-for-the-last-closing-at-5-year-low/comment-page-1/#comment-45190 Tim Fri, 10 Oct 2008 10:55:34 +0000 http://www.thesunsfinancialdiary.com/?p=2698#comment-45190 Sun: you are right, it's not a pleasure and i'm not a masochist, so i don't watch it every day. if you have done due diligence and have confidence in your assets, then don't watch it every day. Sun: you are right, it’s not a pleasure and i’m not a masochist, so i don’t watch it every day. if you have done due diligence and have confidence in your assets, then don’t watch it every day.

]]> By: Sun http://www.thesunsfinancialdiary.com/investing/stocks-saved-the-worst-for-the-last-closing-at-5-year-low/comment-page-1/#comment-45106 Sun Wed, 08 Oct 2008 23:56:34 +0000 http://www.thesunsfinancialdiary.com/?p=2698#comment-45106 Moneymonk: I haven't sold any of my holdings yet, including Visa though it dropped below my purchase price. My theory is that stocks like Visa will bounce back once the current market condition improves. Also I am not in need to use the money now, so I can wait for the rebound, if it happens at all :) If I didn't sell Visa when it was around $90, it doesn't make too much sense to sell it when it was around $60. However, I haven't added any new money into my account either. I am having a little problem making new commitment. Tim: It's not a pleasure to watch stocks drop 5% every day, but I am not really worried about it because I know the current market creates opportunities for the long term. Moneymonk: I haven’t sold any of my holdings yet, including Visa though it dropped below my purchase price. My theory is that stocks like Visa will bounce back once the current market condition improves. Also I am not in need to use the money now, so I can wait for the rebound, if it happens at all :) If I didn’t sell Visa when it was around $90, it doesn’t make too much sense to sell it when it was around $60. However, I haven’t added any new money into my account either. I am having a little problem making new commitment.

Tim: It’s not a pleasure to watch stocks drop 5% every day, but I am not really worried about it because I know the current market creates opportunities for the long term.

]]> By: Tim http://www.thesunsfinancialdiary.com/investing/stocks-saved-the-worst-for-the-last-closing-at-5-year-low/comment-page-1/#comment-45092 Tim Wed, 08 Oct 2008 17:20:29 +0000 http://www.thesunsfinancialdiary.com/?p=2698#comment-45092 moneymonk: i've been buying more visa stock. thanks for selling yours so i could buy mine. jnj has taken a beating, but not so bad. ge is taking a huge beating. i keep buying all three. you are going to regret having sold visa. they will report earnings 29oct. they are getting caught up in the financial mess, but have little residual exposure to it. all indications are that people are still swiping debit and credit cards and will continue to do so. scoop up visa at a discount right now, since it is under 50 today. the daily, oh the largest single day drop, or the 3rd largest day drop, or the whatever, is rather annoying. These one day drops are stupidly pointless. The dow will have fallen nearly 8% in three days. that's not so huge, but when you think that the dow has dropped about 34% from it's high a year ago, that is very huge. these stupid oh it dropped 800 points pales in comparison to the over 4000 point drop since last year. moneymonk: i’ve been buying more visa stock. thanks for selling yours so i could buy mine. jnj has taken a beating, but not so bad. ge is taking a huge beating. i keep buying all three. you are going to regret having sold visa. they will report earnings 29oct. they are getting caught up in the financial mess, but have little residual exposure to it. all indications are that people are still swiping debit and credit cards and will continue to do so. scoop up visa at a discount right now, since it is under 50 today.

the daily, oh the largest single day drop, or the 3rd largest day drop, or the whatever, is rather annoying. These one day drops are stupidly pointless. The dow will have fallen nearly 8% in three days. that’s not so huge, but when you think that the dow has dropped about 34% from it’s high a year ago, that is very huge. these stupid oh it dropped 800 points pales in comparison to the over 4000 point drop since last year.

]]> By: Moneymonk http://www.thesunsfinancialdiary.com/investing/stocks-saved-the-worst-for-the-last-closing-at-5-year-low/comment-page-1/#comment-45088 Moneymonk Wed, 08 Oct 2008 16:47:00 +0000 http://www.thesunsfinancialdiary.com/?p=2698#comment-45088 I had to cash out my VISA stock two weeks ago, I could not stand the pain. However, I am not touching my retirements funds I can ride out the wave Im looking at GE, JNJ and KFT to buy. Their all on sale! I had to cash out my VISA stock two weeks ago, I could not stand the pain.

However, I am not touching my retirements funds I can ride out the wave

Im looking at GE, JNJ and KFT to buy. Their all on sale!

]]> By: Fed Lowered Interest Rate in an Attempt to Halt Stock Market Free-fall http://www.thesunsfinancialdiary.com/investing/stocks-saved-the-worst-for-the-last-closing-at-5-year-low/comment-page-1/#comment-45083 Fed Lowered Interest Rate in an Attempt to Halt Stock Market Free-fall Wed, 08 Oct 2008 13:25:37 +0000 http://www.thesunsfinancialdiary.com/?p=2698#comment-45083 [...] its benchmark rate by 50 basis points to 1.5%. The emergency rate reduction by the Fed came after the Dow Jones Industrial Average Index lost more than 1,400 points (or 13%) in five straight trading sessions. Elsewhere, the People’s Bank of China announced [...] [...] its benchmark rate by 50 basis points to 1.5%. The emergency rate reduction by the Fed came after the Dow Jones Industrial Average Index lost more than 1,400 points (or 13%) in five straight trading sessions. Elsewhere, the People’s Bank of China announced [...]

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