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86 Comments
- marttub, on 01/01/2009, -4/+58Tonight we're going to party like it's 1929...
- iSeven, on 12/31/2008, -8/+62Gotta sell
Gotta sell
Gotta sell
we are all going to hell
do you hear that awful sound
oooh... another stock is down - justaddwater, on 01/01/2009, -3/+39let's hope 2009 will be a better year for the markets
- Richandler, on 12/31/2008, -3/+23Oil prices always jump before a market crash. Just look at the data. It's a condition created by the bubble in the market.
- pathouston22, on 01/01/2009, -2/+20If somebody is just getting around to selling, they are an idiot. If they are still holding on, they best be in it for the long run. You usually lose money trying to buy/sell in the short term.
- geoffg, on 01/01/2009, -3/+20Look everybody... now it's the rich get less rich and the poor get poorer!
- geoffg, on 01/01/2009, -1/+16Buy and hold!
- thatonekid393, on 01/01/2009, -1/+16Bush accidentally the whole economy
- seldon452, on 01/01/2009, -3/+17I was so happy about the new year until I remembered the world is gonna be just as ***** on January first as it was on December 31.
- bjornski, on 01/01/2009, -2/+14Good thing we didn't shove the entire Social Security fund into the stock market, huh?
I'm not hearing too many calls for that any more.
"What do you mean SS only gives you 3%? Put it in THE MARKET, and it will be GUARANTEED to get you a LOT LOT MORE!"
LOL - Flyman360, on 01/01/2009, -5/+16Well there is a war in Israel and people pointing fingers and protesting about it, fueling more violence and risking this war to escalate on global scale. That should strengthen the economy, right?
- holyskeleton, on 01/01/2009, -3/+12Isn't it time to buy or what?
- RunawayElf, on 01/01/2009, -0/+9Here is my prediction, you heard it here first. Markets deflate a bit more, people start heavily investing in gold in panic. The price of gold skyrockets. We end up in a gold bubble artificially inflated by paniced investors. Stock markets stabilize but the value of gold.... goes down.
The bubble deflates, millions of people are left with horrible losses on their nest eggs and the government proposes a whacky $10 trillion dollar bailout on gold... if that's even possible.
The reason this year was the worst is simply that we have more stupid people alive than the last bubbles people have chased.
Wake up people. Don't live above your means, save your money.This isn't difficult. - tuce63, on 01/01/2009, -2/+11RIP 2008
- pathouston22, on 01/01/2009, -2/+10Yes. The market ALWAYS recovers, the question is when.
I have a great chart from American Funds that lists major incidents of every single year since the 20s, and what the market does. Most of the time, it ends up being green. - bobcrotch, on 01/01/2009, -2/+10Not only is that a hilarious subtle racist point - equating the economy with Israel; it's improbable that the US forces will do anything to help them. We're great buddies and all, but those guys have been fighting much longer than this country has been around.
- inactive, on 01/01/2009, -2/+10buy guns
- Akairenn, on 01/01/2009, -4/+11...And constantly post about fantasy that's even more unlikely than the most contrived Costner post-apocalyptic film, so that tools and fools inflate gold stocks so you can hopefully get out and make a fortune right before the markets recover. :p
- AlbinoRaven, on 01/01/2009, -0/+6Depends on what.
Retail - nope
Gadgety stuff (Apple, Palm, Nokia) - nope
Consumer goods like furniture - nope
Resource stocks - yup (6.5 billion and growing)
Defense stocks - yup (people love fighting)
Food - yup (again 6.5 billion and growing) - hmunkey, on 01/01/2009, -0/+6http://encyclopediadramatica.com/Image:Accidentall ...
- Barackalypse, on 01/01/2009, -0/+6The Federal Government just set another spending record, marking at least 23 consecutive years of recording spending levels (I suspect this trend goes back much further, but I'm too lazy to find the numbers going back before 1984).
http://www.usgovernmentspending.com/downchart_gs.p ... - GreenNoise, on 01/01/2009, -2/+8The only thing that changed is the last digit of your calendar. Unless US debt suddenly vanished as the year changed, expect worse indicators to come in the following months, as the "premium" mortgages reset.
- bhavinp, on 01/01/2009, -1/+6way to ring in the new year!
- akhomestead, on 01/01/2009, -6/+11Maybe if you own gold
- hmunkey, on 01/01/2009, -2/+7Happy New Years everyone!
Oh... wait... - MrGaw, on 01/01/2009, -1/+6What happened?
- Rikkochet, on 01/01/2009, -1/+6This is a serious question: are you trolling, or do you really believe that?
I've come across a lot of people I didn't agree with in my day, but I've NEVER found someone who would say something as bizarre as that and mean it. - nygenxer, on 01/01/2009, -3/+8We are already in a depression. It is happening right now. Most people have not yet woken up to that fact. Hell, it was just announced that a recession started in 2007. It'll take another year - by the end of 2009 - to admit that we have been in a depression since 2008.
Thanks to the politicians and lobbyists who worked so hard to achieve deregulations on behalf of their corporate masters and the richest 1000 families in the world.
The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. It's time to put Madame Guillotine to work once again.
What a terrible time to be intelligent. - siszam, on 01/01/2009, -1/+6How do we know Jamihabs is a Neo Con? He looks at the last eight years and a tanking economy and blames everyone but Bush. They say ignorance is bliss.
- groo68, on 01/01/2009, -3/+8great time to buy.
- bjornski, on 01/01/2009, -0/+5Say NO to usury!
- xmzx, on 01/01/2009, -0/+4At least we're all a bunch of whiners and only in a mental recession.
- NoLibertarians, on 01/01/2009, -1/+5Expect the DOW to jump 20% in 09.. Hope you got in at the bottom ! This was a once in a lifetime opportunity !!
- inactive, on 01/01/2009, -1/+5Yes, guns are a great means to defend whatever you've got stuffed in your mattress.
- elipabst, on 01/01/2009, -0/+4"Jamihabs is a neo-con... because he sees the world today as an opportunity. .. A big opportunity."
So I guess that means you're spending the New Year's in an airport men's room? - w3ber, on 01/01/2009, -0/+3I am 20% republican 50% democrat and 30% liberal. Life's not black or white ..
- nygenxer, on 01/01/2009, -0/+3Um...that's been happening to both gold and platinum. Please pay attention.
- snareguy17, on 01/01/2009, -4/+7Sung to Kina Grannis' "Gotta Digg" in case you all didn't catch that.
http://www.youtube.com/watch?v=XLLRsn_nr6s - Rikkochet, on 01/01/2009, -1/+4Well, if past performance is any indicator, it won't have much effect...
You know, just like it has been every year since 1947... - ikeeel4money, on 01/01/2009, -3/+6They should adopt Sharia Finance. No I'm not kidding. Sharia Finance is a no credit system. With no credit, there will be no credit crunch.
- MtheoryX, on 01/01/2009, -0/+3Your logic would make sense....if....the Dow was "the stock market."
It's not.
In fact, if it weren't for McDonald's and Walmart propping it up so much, the Dow would be even lower, and the news stations (and Digg) would REALLY be freaking out.
tl;dr Don't be an idiot and base your economic assumptions on just the Dow. - method7670, on 01/01/2009, -0/+3I think we would be happy if the thing stabilized, not necessarily gains, but no losses either, I say the down ends up only losing .5% next year... if things go well that is.
- bjornski, on 01/01/2009, -0/+3Being 40 and looking back 20 years and comparing what I see today?
Yes, this is ***** as hell. - filovirus, on 01/01/2009, -0/+3In 2008 I invested in the market and failed miserably. In 2009, I think I am going to invest in my self and go back to school.
- tidu, on 01/01/2009, -0/+3This guy sounds like ***** John Titor.
- astroslut, on 01/01/2009, -0/+3is it that oil prices jump due to the crash, or do oil prices play a bigger role in the crash?
I'm just asking, because I noticed the same thing, I want to understand why. - mcquitty, on 01/01/2009, -0/+3Alibino,
Regarding December.. Ever heard of the Santa Claus rally? - dOOBiEx213, on 01/01/2009, -0/+2Do you WANT us to bury his comment?
- inactive, on 01/01/2009, -2/+4Something tells me you're not in a position to do so yourself.
-
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