4 replies to this topic

[Robert Giacometti]

I've been wondering if the stock market isn't headed for a big sell off here soon? If we look at all the civil unrest in so many different coutries and financial concerns for European countries and then adding in our most recent dismal jobs report numbers, I can't but help sense some serious corrections occurring.

The stock market has been down how many days now and even when its starts out positive investors are selling into gains to get out. The FED is starting to express some whispers, that I think most of the general public is ignoring or the information isn't registering.

I wouldn't be surprised to see Greece have a run on its banks and collapse creating world wide devasting effects on the banking industry again.

I truly hope I'm wrong, but I just sense things are going to unravel soon.

Hopefully I'm way off and the market will gain another 1000 points and everyone can have a laugh on me!

[4thgenFolsomite]

a friend of mine (who is italian) just got back from Italy. she said the citizens can't take more than 150 euro a day out of their bank accounts because the government is worried about a run there. she said they are also trying to sell their second homes and luxury cars because the tax on these items is something like 30 or 40 percent a year. and, of course, there is no one to buy the cars. we could be seeing something big about to happen, but who knows. how do you save with any security? the dollar could plummet, gold is dropping, stocks are all questionable. strange times!

[old soldier]

now is not a bad time to stock up on ammunition and some big bags of rice from costco...and maybe a little practice time at the range.

[MikeinFolsom]

I've been wondering if the stock market isn't headed for a big sell off here soon? If we look at all the civil unrest in so many different coutries and financial concerns for European countries and then adding in our most recent dismal jobs report numbers, I can't but help sense some serious corrections occurring.

The stock market has been down how many days now and even when its starts out positive investors are selling into gains to get out. The FED is starting to express some whispers, that I think most of the general public is ignoring or the information isn't registering.

I wouldn't be surprised to see Greece have a run on its banks and collapse creating world wide devasting effects on the banking industry again.

I truly hope I'm wrong, but I just sense things are going to unravel soon.

Hopefully I'm way off and the market will gain another 1000 points and everyone can have a laugh on me!

Let's all dump our defined pension plans and invest in the stock market!!! If you ask me, it should be the other way around. Set up defined benefit plans at your company and pay into them. Not make another Republican richer!!! Ask Romney.....he'll repeal every regulation aimed at reforming bank investments. Awesome!

[Carl G]

Let's all dump our defined pension plans and invest in the stock market!!! If you ask me, it should be the other way around. Set up defined benefit plans at your company and pay into them. Not make another Republican richer!!! Ask Romney.....he'll repeal every regulation aimed at reforming bank investments. Awesome!

And where do the defined pension plans get their money? They are invested in the market just like a 401K, but with a defined pension plan someone (taxpayers) is guaranteeing a return. Doesn't sound like a very good idea to me. I'm already on the hook paying for others who don't plan for themselves.