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Posted on 10/09/2008 at 4:46 pm by Bob Cesca

Where’s the bottom?

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  • LeeroyJenkins

    For me, the bottom is today, when I take my 401K out of Fidelity and just put it in the goddamn bank and hope to fuck Bank of America doesn’t go under, too.

  • http://livefreeordie08.wordpress.com LiveFreeOrDie08

    Here’s a Thomas Guide for the ride.http://www.webofdebt.com/articles/its_the_derivatives.php

  • MatthewN

    The bottom is about 6000, according to Ian at Firedoglake.http://firedoglake.com/2008/10/07/historical-bottom-for-a-bear-market-about-dow-6000/I need to up my rolaids intake.

  • bajasteve

    All I can say is, with GM at under $5.00/share, I’m glad I sold my Silverado. I’m thinking the warranty won’t be worth the paper it’s printed on before too long.And I’m damn glad I already cashed out my 401(k) and spent it while it was still worth something.

  • J M Ashby

    Leeroy – My Ex works at Bank of America. According to her its stable and it will be fine. Most of what they do has nothing to do with stocks. They did buy up Countrywide, but they had the capital to back it up themself.

  • http://livefreeordie08.wordpress.com LiveFreeOrDie08

    SCAPEGOAT ALERT!!They’re rolling the coals and getting ready to toss a few more racks o’ ribs up on the BBQ. Here’s the latest “fair and balanced” analysis from the neutral Real Clear Politics (gag)After the Bailout: Is Obama Depressing the Market?http://www.usnews.com/blogs/capital-commerce/2008/10/7/after-the-bailout-is-obama-depressing-the-market.html#read_more

  • http://livefreeordie08.wordpress.com LiveFreeOrDie08

    …and now, another snipit of Paul Krugman’s stand-up routine:

    On a separate note, one good thing is that there haven’t been any reports of people on Wall Street jumping out of windows. That’s because the windows in modern office buildings don’t open.

  • cactusgal

    A word or two from Mac’s economic mentor..”A tax cut is really one of the anecdotes to coming out of an economic illness.”–GW Bush, 2000.