Comments on: Dow Takes Plunge

Key Index Closes Down 416 Points, Worst Trading Day Since 9/11

[rascal212]

why does everyone hold their breath when Greenspan speaks???I think he should stay out of the limelight for a change...I thought he was retired????

[dvsden]

***, my SEP IRA contribution went in yesterday!!! Oh well, I have to put in another $2000 by April 15. I hope this market correction continues for all us who have to invest a lot before Tax day

[dvsden]

***, my SEP IRA contribution went in yesterday!!! Oh well, I have to put in another $2000 by April 15. I hope this market correction continues for all us who have to invest a lot before Tax day

[dvsden]

***, my SEP IRA contribution went in yesterday!!! Oh well, I have to put in another $2000 by April 15. I hope this market correction continues for all us who have to invest a lot before Tax day

[cathaleen]

China owns a big part of our debt. Let's hope they don't liquidate. You're then talking deep recession.

[obiquital]

Diversify

[radiob-2009]

This is why you use "good to cancelled orders" in both sale and buy. Fair market appraisal of the stocks using the old PE standards for them, not the current standards. Do your research well and you use the techniques that I mentioned. They will not always save you in a downslide, if your GTC is $40 on sell and the stock opens below that from the previous close then you have to ride it out or liqudate at current prices. If the company is truly worth owning then buy more shares as close to the bottom of it as you can ascertain using the volume charts and price charts from the previous day or days of trading. Never rush back in, thinking that the correction is over.Guage the market by the indicators and use sound judgement.

[wiredwilly]

I think it has nothing to do with China. It has to do with since "short" selling is legal, institutional investors look for any excuse imaginable to drive stock prices down. They make fortunes while mom & pop investors get taken to the cleaners. If Greenspan or Bernake pass wind the market drops.

[jbinthe757]

I just dumped $800 into a scottrade account a couple months ago, i guess this was a bad time to try something i know nothing about. anybody wanna buy amd, gtsi, crgi, vita or nipny? which ones do i keep, which do i dump? please help!