The Dow - Page 2

occasionalrain · ‎03-10-2010

Good opportunity to buy. I don't expect interest rates to go up enough to make a difference.

geezerette · ‎03-16-2010

occasionalrain wrote:
Good opportunity to buy. I don't expect interest rates to go up enough to make a difference.

And with this market correction, it just gives the Fed another excuse not to raise interest rates.

Q4u · ‎03-17-2010

I was listening to a Financial Guy on the Floor talking about all this, HE put almost all his money in Bonds a little while ago.... I personally expected this to have happened a while ago but DH and I put our retirement (most of it) in bonds a while ago as well. We took a hit on some that we allowed to remain but that's part of the game.

I don't believe it's panic time either....

*~"Never eat more than you can lift......" Miss Piggy~*

Burnsite · ‎03-10-2010

I will sit tight. Good time to buy! (Makes me nervous, though) Right now it's reversed direction about halfway--down 475.

occasionalrain · ‎03-10-2010

Bonds are earning less than 2% so not much better than a CD. The last time I checked ten year treasury bonds were at 2% and that could change, up or, more likely, down. I have Discover CDs at 2% for five years and that rate won't change.

Puzzle Piece · ‎06-29-2010

Smaug - I thought of starting a thread on this subject but with all the restrictions and sensitivity of the moderators, I didn't bother.

I think there will probably be more 'corrections' as stock markets round the world are taking hits.

Never Forget the Native American Indian Holocaust

Lipstickdiva · ‎03-10-2010

Oil is down but our gas prices aren't coming down. Amazing that the minute oil prices rise so does the price of gas but it never comes down as quickly. LOL

Our gas prices are still at $2.59 a gallon.

brii · ‎06-20-2010

Ours is just under $3 a gallon.

occasionalrain · ‎03-10-2010

Remember when grocery prices went up because of higher fuel costs, will they come down now that gas is down? Not a chance of that happening.

Lipstickdiva · ‎03-10-2010

@brii wrote:
Ours is just under $3 a gallon.

Just within the last couple of months, we were down to almost $2.00 a gallon. Then it started to go up. The week before last, it went up $.50 a gallon in one day because of something that happened in a refinery in Indiana. Then it slowly started to come back down.