Dow Below 10,000: A Psychological Downer

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The excesses of many years cannot be remedied overnight and to downplay events using such terms as correction, recession, etc... is foolhardy, we are in a DEPRESSION both financially and mentally. With our portfolios tanking we continue paying for the cell phones affixed to our heads, Ipods in our hands, MP3 players on our belts etc... how many people in America are complaining about the economy while continuing to waste money on toys??? The secret is to wake to reality before it becomes morose by adapting and overcoming in advance thereby averting personal upheaval. By simply eliminating the monthly fees on our gadgets and instead depositing that money into a savings account we can rebuild America's economy while protecting ourselves from financial disaster. We are in a depression as we have negative growth and hyper-inflation thus meeting the definition of a depression. By taking simple steps we can manage to make it through but EVERYONE MUST SACRIFICE!!!

Ray Fisher of NM 10:46AM October 07, 2008

It is quiet concerned by a large share of such stock. It is also same to some unrational investigators, what to do now?

So the overall physical impact might tightly relates to the population of random and unrational investigators. Meanwhile, such daunting might come from others like real state, CPI, or even the military operation. In a nutshell, normal people who composed the whole society are always fragile, maybe one stable government might relief their physical pressure. However, that's precisely the most difficult question.

Mirabelle of LA 4:52AM October 07, 2008

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New Money

Katy Marquardt, a senior editor at U.S.News & World Report, takes a contemporary look at happenings in the financial world and aims to help young investors get going with their portfolios--or just sound cool at cocktail parties. Have a question? E-mail Katy at newmoney@usnews.com

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