Markets open - and plummeting!!! Don't pull out!!!

[PlatinumGold]

badluck

would that be considered insider ??

 

[badluck]

Well, I am neither an officer, director, or Polycom employee so it's not insider info -- Where I work we are just end users of the product.

It is just my opinion on the current market status for this product and future of this company.

 

[NakaNaka]

My family and I have a significant amount in the stock market. You just have to stay in there and as my mom does, throw away the reports you get at the end of the month.

Just wait in 5 years it will be worth it to have stayed in. I mean some dude probably pulled out of MSFT after a few years thinking wow they are doing good ... Now look

 

[desy]

Consumer spending accounts for %45 of the economy.
So as an avg citizen this is where you can make the greatest impact.
The stock market is an indicator of the economy not the economy.

 

[SCSIfreek]

I'm staying in for the long run Not gonna dump all my stocks in a time like this. America needs my support!!! Hit for Hot deals Forum and Buy something!!!!!!!


--SCSI

 

[FelixDeCat]

Ive been out for awhile now. Question is - when do I get back in?

 

[NakaNaka]

get back in today. the markets are as low as they will be ... if you buy now they might dip in the next couple of days but this is a great time to buy

 

[Tominator]

I actually made 2 grand in the first half of this year. I've not moved anything and coninue to put every cent I can into my 401K.

The drop is no where near as low as predicted and compared to Taiwan and Japan markets, ours is hardly moving!

 

[blakeatwork]

Platinum

I agree wholeheartedly with the middle-market consumer. This group finances their cars, homes, and renovations, giving interest, which in turn drivers up bank profits, corp tax etc etc...

What irks me is the message from a few people on here, dispensing advice about how to sell etc. "Don't sell, buy stocks, buy bonds" yada yada yada. Like I said above, there is no quick fix, and I think the more people relaize this, including the Wall Street and Bay Street "Experts", then the faster our mutual economies will kick-start back into decent, but controlled this time, growth.

 

[PlatinumGold]

blake

i been preaching this ever since 911. it's good to hear someone saying it.

i think that the rebuilding of the wtc and the money's that will be sent here from abroad (crossed fingers that other countries actually fall thru and help us w/ this disaster) will actually work to stimulate the economy over the next 3 to 4 years.

 

[CyrixMII333]

I say the best thing to do would be not to have bought any or kept any in the first place since it dropped beginning september 2000.
This is only getting worse and I say sellling it right now won't help you much unlless you desperately need this money.


<< I've already lost two grand in this damn bear market (for the misinformed -- the markets were already pretty bad before any of this WTC stuff started happening) so I sure as hell am not pulling out now. >>

 

[blakeatwork]

<< i think that the rebuilding of the wtc and the money's that will be sent here from abroad (crossed fingers that other countries actually fall thru and help us w/ this disaster) will actually work to stimulate the economy over the next 3 to 4 years. >>



The economic impact for the US will be high, although it will most likely be stretched out over a period of 5-10 years.. (I believe the original Towers took around 10-12 years to build).

While I'm sure it would be appreciated, foreign investment might serve to artifically drive up the value of the US dollar again, leading to another "bubble" burst. If there is to be foreign investment, with regards to re-building, it should be in labour, or materials at a discounted rate. The US has plenty of money, as Greenspan has opened up the vaults to help wherever is required.

 

[kertmit2004]

BUY. BUY. BUY.....everything must go up!