IMO, *'s big meeting tomorrow's is to manage the stock market crash.

[CK_John]

A perfect storm has hit. The housing market bubble cannot be contained and the report of the International Energy Agency can no longer be swept aside and possibility of an export market collapse in China can no longer be brushed off. They shooting of that Health official means panic is setting in.

The IEA report will be the trigger for $150-350 a barrel and $7/gallon by Labor Day.

IEA link <http://www.iht.com/articles/2007/07/09/business/oil.php>

[merh]

1. Now this does scare me

Not the terra threats, but the economy :(

I hope your prediction is wrong. I pray it is.

[CK_John]

3. Check my weekend post. Everything I pointed to has finally hit M$M papers.

link <http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x3364565>

[calteacherguy]

11. No worries...I assure you it's wrong.

If you are dollar cost averaging into the market, tomorrow would be a good time to buy.

[jsamuel]

2. that report hit yesterday and already has taken most of its effects

gas went up 30 cents per gallon today

[rufus dog]

4. so what the hell do we do

Can't sell the house, any other suggestions would be greatly appreciated.

[rufus dog]

5. let me clarify my lame ass post

If we sell all the stocks/mutual funds in our 401k then we have cash, but won't cash devalue also?

[lligrd]

6. Well, If His Prediction Is Right It Sounds Like All The Money

will be going to oil. So, you should either invest in it or start stocking oil barrels in your yard.

[rufus dog]

8. Man, that just sucks!

Not your advice, but the thought of having to invest in Oil Companies.

[lligrd]

14. I Agree And That Is Why I Am Putting My Money

in alternative energy sources. May not make me rich but at least I am investing in the health of the earth and not helping out the bad guys. Then again, the idea just might catch on and I will be rich and Bush's friends will be left to drown in their useless oil.

[calteacherguy]

16. Good for you. nt

[calteacherguy]

12. If you sell now, you will be sorry by year's end.

The market is on track to achieve new record highs.

[Mojorabbit]

7. I've been following the energy

situation for many years. I have started many raised garden beds, planted fruit trees and berry bushes and bought a solar freezer. I also started keeping bees and have four chickens.
I can't afford to go totally solar but little by little I am trying to be as self sufficient as possible. I am planting edible landscape in my yard. Not much else I can do. The best thing is that I know the food I grow is healthy. At the least the offset in groceries I grow might help pay for the increase in gas prices.

[CK_John]

9. I am no financial adviser but, if panic hits tomorrow it is to late to get out.

Keep todays paper or tomorrows paper(Wall Street J or good financial news) for a reference guide. In 10 business days start buying blue chips that have dropped at least 30%. Stay away from retail/airlines they are the last to recover.

If you don't buy/sell your own stocks and have let someone else spend your money for you, it is time to ask why. Are you too timid to make a decision then buy Fed T-Bill and get out of the market. If your are too lazy to learn how buy Fed T-Bills and get out of the market. If you are a afraid to pay taxes on profits(no taxes on losses) buy Fed T_Bills and get out of the market.

[calteacherguy]

13. Well...I just put in a buy order for tomorrow...international growth.

Do I look like I'm panicing? B-)

[lligrd]

15. Might Be Better Off Investing in Ks

They seem to be in short supply.

[calteacherguy]

10. Don't be silly. I just put in a buy order for an international growth fund.

I heard the same sort of doomsday nonsense about a year ago. The market is poised to achieve new record highs this year, with the S&P trading in the 1600s.

If it goes down more in the short term, I will be buying more...so in a way I kinda hope it goes down a little bit in the next week or so.

[TheBaldyMan]

17. ouch - Chimpy gets his credit line revoked by China

I think the troops will be coming home a little earlier than planned.

[Perry Logan]

18. Troops needed at home to round up Republicans and put them into camps

[TheBaldyMan]

21. he he he ... we can only dream. n/t

[Eurobabe]

19. Wonder if this is why our financial advisor wants to speak to us ASAP?

They phoned to arrange a conference call tomorrow. We are by no means wealthy, just trying saving for retirement like everyone else.

[Zynx]

20. I would say the only thing that could trigger a stock market crash

would be some absurd level in the price of oil. However, I very much doubt it.

[calteacherguy]

22. Behold the Crash....

:rofl:

[CK_John]

23. I guess you get to roam another day. n/t

[DerBeppo]

24. Why is it that these "sky is falling" threads sink so fast when they don't come true?

I figure the worst offenders should be the first ones bumping it to apologize.

[CK_John]

26. Or one could say that they were warned and took corrective action. I think

they over managed about 250 points. They met today (7/12) and the buy volume goes through the roof. None of the underlining issues have gone away.

[DerBeppo]

27. everyone in the world will die of cougar attacks tomorrow.

or maybe they won't now that I've warned people.

[CreekDog]

25. Dollar cost averaging to mitigate risk and take advantage of the bear or bull market

1) buys more shares when they are cheap
2) buys fewer shares when they are expensive

There's also something I do which I think is called "armchair investing" where you set the percentage you want to be in stocks versus securities once per year. Thus, mine is about 50%-50%.

If stocks have a good year, then next year, stocks will be over 50% of my portfolio and I will sell some high value stocks to rebalance my portfolio.(shares of index funds actually)

If stocks have a bad year, then next year, stocks will be under 50% of my portfolio and I will buy lower valued stocks to rebalance my portfolio. (shares of index funds actually)

It's pretty easy, it allows you to take advantage of market growth, but it gives you some protection against catastrophic loss should the bottom fall out.

In the case of a bull market, you won't get full benefit of the growth, but it will be very respectable. In the case of a bear market, you may lose 10% of your investment, but not the 20% that the market might lose.

Prudent unless you wear foil hats.