stocks took a beating today

[cruise kitty]

took a real beating today- had to cancel our 08 and 09 cruises. hopefully see everyone in 2010. Very sad, but still feel grateful and hopeful for future. Hope no one else loses out. I wish everyone else financial success this year!

[ladyjane550]

Yea we took a beating too - haven't cancelled our 2009 cruise yet. Just hope to have money for the airfare to get to the port.

[BEAV]

Did you "take a beating" on paper, or actually sell the stocks at a loss?

[claud925]

I firmly believe that the situation is temporary and that the market will rebound in the months to come (if not by year-end, then by inaugural January '09); therefore, I intend to just hold on to shares. In fact, I see this as a wonderful opportunity to purchase stock I ordinarily would not be able to acquire.

 

I'm reminded of that scene of "Black Tuesday" in the movie It's A Wonderful Life -- remember the character who was offering to cover folks by paying them fifty cents on the dollar?:eek:

[CruznTom]

If your financial future is dependent on day to day fluctuations of the stock market, you need to get out (or at least change to something less volatile like mutuals). If you sold yesterday you missed out on todays rally. Investing in individual stocks is not for the faint of heart or wallet.

[denb]

With the stock market up today (currently almost 300) are you going to re-book this afternoon? I agree with others. If you're not in it for the long haul, you'd be better off not being in it at all and playing the horses for your day to day ups and downs.

[Gonzo70]

With the stock market up today (currently almost 300) are you going to re-book this afternoon? I agree with others. If you're not in it for the long haul, you'd be better off not being in it at all and playing the horses for your day to day ups and downs.

 

Now up over 300; he might have to book a suite! :cool:

[Gonzo70]

Now up over 300; he might have to book a suite! :cool:

 

Up over 340 now; better make it a suite on a b2b! :D

[Blazerboy]

Hey, lighten up on the op.

 

We're all a little freaked out by the current situation, and maybe this is a person's reaction to feel a little more secure about the future...fewer financial commitments. Me, I put off buying a new car- the old wagon will do...:rolleyes: Cancel my next trip? Not me!:D

 

There's also the possibility someone works for/has lots of stock in Bear Stearns, in which case, a post like this would be absolutely accurate.:eek:

 

And then there's that need people have to feel connected to world events. When we have a bad earthquake here, friends in the East will yammer on about how scared they are every time a truck rumbles by, shaking the house! It's why folks all have those "where were you when" stories about JFK, John Lennon, or 911. They want to/need to feel connected. That, or my friends are drama queens...:p

 

Andrew

[Blanco-Grande]

RCL went to $30.50 I bought some

today tuesday its up to $32

[Gonzo70]

RCL went to $30.50 I bought some

today tuesday its up to $32

 

Might not be a bad time to sell!

[claud925]

RCL went to $30.50 I bought some

today tuesday its up to $32

 

Hopefully you acquired enough shares (100) to qualify for shipboard credit on your next sailing.:)

 

You certainly bought at a great price.

[shabal57]

FYI Dow Jones closed up 420.

[Blanco-Grande]

I bought 100 shares ..emailed the transaction to investor relations and already have confirmation for $500 of obc for my next few cruises (total)

[Gonzo70]

I bought 100 shares ..emailed the transaction to investor relations and already have confirmation for $500 of obc for my next few cruises (total)

 

Cool, that is a nice chunk of change. :)