Man!

MMDad

Lem Putt
:yahoo: I pulled my retirement out of the stock market when it hit 14K. That has saved me almost $11K as the market has tanked. :yay:
 

itsbob

I bowl overhand
Hope it keeps going for awhile.. more shares for my retirement account, and then when it recovers.. YOWZAAA.. $$$$$$ This is where Dollar Cost Averaging REALLY pays off.
 
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Agee

Well-Known Member
Wall Street plunged again Thursday, extending an almost relentless downward spiral after problems at Countrywide Financial Corp. (CFC) confirmed investors' fears that credit problems are spreading. The market shrugged off the Federal Reserve's injection of $17 billion into the banking system, and the Dow Jones industrial average fell almost 200 points.

Investors' confidence, already diminished by months of bad news about mortgages and credit, took a further pummeling after Countrywide, the nation's largest mortgage lender, said it was forced to draw on an $11.5 billion credit line to fund operations.

http://apnews.excite.com/article/20070816/D8R29DCG2.html

The mortgage situation continues to be troublesome. Damn, that's my mortgage company :ohwell:
 

Toxick

Splat
I feel guilty now because I was just on the phone with my broker salivating and screaming "SELL EVERYTHING RIGHT NOW YOU MOTHER ####ER! OR I'LL RIP OUT YOUR SPLEEN AND THROW IT IN YOUR FACE".


I hope he didn't take that the wrong way.



I should send a meat and cheese gift package over there so he knows it wasn't personal.
 

MMDad

Lem Putt
aps45819 said:
:jameo: It's almost down to last month's levels :jameo:
It hasn't been this low since April 17. I realize time flies when you get older, but that still is four months, not last month.
 

Toxick

Splat
MMDad said:
It hasn't been this low since April 17. I realize time flies when you get older, but that still is four months, not last month.


Momma always said, Life is like a roll of toilet paper. The closer you get to the end, the faster it goes.
 

Nanny Pam

************
"Countrywide fell $4.93, or 23.2 percent, at $16.36 after the mortgage lender borrowed $11.5 billion from a group of 40 banks to fund loans, in a move that shows just how deep the lending crisis has become. The company has been slammed as the credit crunch has driven a number of its smaller peers to bankruptcy."

That's my mortgage Company, too.
 

Tinkerbell

Baby blues
Toxick said:
I feel guilty now because I was just on the phone with my broker salivating and screaming "SELL EVERYTHING RIGHT NOW YOU MOTHER ####ER! OR I'LL RIP OUT YOUR SPLEEN AND THROW IT IN YOUR FACE".


I hope he didn't take that the wrong way.



I should send a meat and cheese gift package over there so he knows it wasn't personal.
:twitch: poor guy. You should maybe take a deep breath and have a beer before the next phone call. :smile:
 

Toxick

Splat
onebdzee said:


Well, I was being sarcastic, but I am curious what happens (on account'a they're my mortgage company too, for a house that becomes mine this coming Tuesday).

Say your mortgage company takes a dump. Who do you send the checks to? The government?
 
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