U.S. Stocks Fall, Sending Market to Its Lowest Close Since 1997

[Ban Hammer 13,332]

Denial is not just a river in Egypt.

it is for some.

Its a lose-lose... think about it.

the whole deal is a lose lose for the average citizen.

[Jasman0717 9]

250 points today I am so glad I bailed out of the stock thingy last year

[DEDixon 39]

Just a great opportunity... plow money into your 401K plans!!!!

[HAL 9000 96]

Denial is not just a river in Egypt.

it is for some.

Its a lose-lose... think about it.

the whole deal is a lose lose for the average citizen.

When has it ever been a win win for the average citizen? If that were the case we'd all be rich by default.

[Ban Hammer 13,332]

Denial is not just a river in Egypt.

it is for some.

Its a lose-lose... think about it.

the whole deal is a lose lose for the average citizen.

When has it ever been a win win for the average citizen? If that were the case we'd all be rich by default.

we need to call for help

[Heracles 417]

When would people say the biggest boom for the average Joe occurred in the US. I would guess posts 40's to 60's.

[NickD 202]

Denial is not just a river in Egypt.

it is for some.

Its a lose-lose... think about it.

the whole deal is a lose lose for the average citizen.

When has it ever been a win win for the average citizen? If that were the case we'd all be rich by default.

we need to call for help

All you need is a good crystal ball, but having insider knowledge is far superior. Never did a historical study on how stocks were developed, certainly not dealing with real value, supply and demand seems to carry more weight, and somehow, buying stocks on credit entered the picture, so not even dealing with real money anymore.

While my son and brother seem to have a lot of knowledge in this field, it hurts my brain to listen to them talk, short term, long term, statistics, trying to learn where a company is going, how the market is going, and most important timing. They did approach me on computer speed, my only suggestion was to get an office on Wall Street and find some buddies.

Do understand the stock market far better on the manufacturing end, just buy the cheapest toilet paper you can find and instruct your employees not to use it. Design a product that would barely make it through the warranty period with the appearance it can do a lot more than what it's capable of. Have to keep the stock holders happy.

[Heracles 417]

All you need is a good crystal ball, but having insider knowledge is far superior. Never did a historical study on how stocks were developed, certainly not dealing with real value, supply and demand seems to carry more weight, and somehow, buying stocks on credit entered the picture, so not even dealing with real money anymore.

While my son and brother seem to have a lot of knowledge in this field, it hurts my brain to listen to them talk, short term, long term, statistics, trying to learn where a company is going, how the market is going, and most important timing. They did approach me on computer speed, my only suggestion was to get an office on Wall Street and find some buddies.

Do understand the stock market far better on the manufacturing end, just buy the cheapest toilet paper you can find and instruct your employees not to use it. Design a product that would barely make it through the warranty period with the appearance it can do a lot more than what it's capable of. Have to keep the stock holders happy.

The chickens have certainly come home to roost. Hence the state of the economy. The blame certainly does not fall on the actions of companies alone. Like clowns buying 10 million sq homes and 50 ton SUVS. Yet the attitude of many large corporations and what shareholders expected from them played a big part in the collapse of this house of cards. Corporations became stockholder oriented and lost the drive and ingenuity that built them in the first place. Look at the US airlines which are not only laughable but bankrupt. Look at the US auto industry which suffered the same fate. To an extent even Microsoft seems to be heading this way. Any banks or companies that are stockholder oriented should go under rather than be bailed out. This is also the reason why so many international companies are kicking butt. Focusing on the bottom line and delivering dividends to stockholders alone is a huge weakness which can and is being exploited.

But, there are companies who do get it. There are companies which understand the value in investing long-term in their staff, their products and their reputation first. Apple and google are certainly two that come to mind.

Edited February 24, 2009 by Aficionado

[HAL 9000 96]

Denial is not just a river in Egypt.

it is for some.

Its a lose-lose... think about it.

the whole deal is a lose lose for the average citizen.

When has it ever been a win win for the average citizen? If that were the case we'd all be rich by default.

we need to call for help

Don't we all?