1000+ point swing....When it opened, it was scary. Anyone see the chick at reporting from the oil pit this morning? That was crazy!...Guys were bumping her ass all over the place. It was funny as hell. How the hell anyone knows what is going on there is beyond me. It was a mad house.

I listen to news radio while I'm at work and I was getting updates on the Dow every 15 minutes. I kept thinking I was hearing the numbers wrong.....I kept thinking "no, it just can't be."

Yeah a wild day and a wild week. I'm down 40%, but the consensus seems to be this thing is gonna rocket up once the money sitting on the side lines and the full effects of the bailout, rate cuts are implemented. I'm not sure if the market has priced in an Obama victory with the selling. We might go up them back down as reality of Obama and a Democratic Congress that is hostile to investor class. Were in big trouble if Democrats get 60 in the Senate. That will mean Pelosi can swing for the fences with a socialistic agenda that is even more bold than Obama's.

OUBOBCATJOHN Wrote:Yeah a wild day and a wild week. I'm down 40%, but the consensus seems to be this thing is gonna rocket up once the money sitting on the side lines and the full effects of the bailout, rate cuts are implemented. I'm not sure if the market has priced in an Obama victory with the selling. We might go up them back down as reality of Obama and a Democratic Congress that is hostile to investor class. Were in big trouble if Democrats get 60 in the Senate. That will mean Pelosi can swing for the fences with a socialistic agenda that is even more bold than Obama's.

I'm down about the same....I'd actually like to see the market take a week off and allow cooler heads to prevail. Monday could be an equally crazy day. It looked like there was a lot of computer trading done when the market passed 8k. Lets hope that is the real bottom and not an artificial one. I think the market is oversold now and is ripe for jumping into. There are lots of bargains out there. Unfortunately for me...I don't have the disposable income to take advantage of it. I'm just staying in for the long haul.