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06-06-2008, 02:35 PM #1Registered User
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Anyone seen the stockmarket today?!!?
I spent most of the day off the computer and just came in to check the news. Wow!!! Oil at its close was up $10.71 in one day! The market itself made a nose dive. Today is/will not be a good news day.
Amy
Wife to one hardworking man
Homeschooling mom
Three girls 12,9 & 7
one boy 5
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06-06-2008, 02:40 PM #2Moderator
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oh yea, that can;t be good............
:
Traci
dh 20 years
ds 14 ~ Russia
ds 14 ~ Russia
dd 6 ~ China
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06-06-2008, 03:23 PM #3
Yeah, I wanted to shoot this guy earlier...
http://wcbstv.com/national/oil.price....2.734460.htmlOil prices shot up nearly $7 a barrel Friday, extending big gains from the previous day and racing toward an all-time high after a Morgan Stanley analyst predicted prices could hit $150 by the Fourth of July.
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06-06-2008, 03:25 PM #4Registered User
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06-06-2008, 03:50 PM #5
Been watching CNN off and on today. Not good news. Our gas is already at $4.21
Frugalista Mama to DD 12 & DS 8
Crazy Boxer *Sadie*
**Debt Free Minus the House**
2012
Challenge 16/50
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06-06-2008, 04:19 PM #6
Yeah I hear the news and it's not good, seems I quote "We are in a mild recession" and my outlook is things will only get worse... my fingernails are taking a beating right now
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06-06-2008, 05:58 PM #7Moderator
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06-06-2008, 06:06 PM #8
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06-06-2008, 06:14 PM #9
Honestly the past few weeks I having been avoiding the news other than sports. It really gets me down.
Russ
Truck payments:109876 5 4 3 2 1 WAHOO!
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06-06-2008, 06:19 PM #10
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06-06-2008, 06:22 PM #11
I got all excited yesterday when I saw that the gas had actually dropped here from $3.97 to $3.94. But then the huge jump today in the price per barrel...I am afraid to see what the price will be tomorrow.
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06-06-2008, 06:23 PM #12Registered User
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Our gas had dropped from 3.99 to 3.83 over the last couple of days. I filled up this morning at 3.83. I noticed before I got home from errands we were back up to 3.99. I think the stations are all watching each other to see who will break the $4 mark. I bet it goes tonight or in the morning.
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06-06-2008, 06:33 PM #13
Cheapest gas here is 4.35. Yep.
As for the stock market, it just means stocks are on sale. I'm thinking of buying some more of my mutual fund. Buy low, sell high.“When you get to the end of all the light you know
and it's time to step into the darkness of the unknown,
faith is knowing that one of two things will happen:
you will be given something solid to stand on,
or you will be taught how to fly.” - Edward Teller
“Our Earth is degenerate in these later days;
there are signs that the world is speedily
coming to an end;
bribery and corruption are common; children no
longer obey their parents;
every man wants to write a book and the
end of the world is evidently approaching.”
— From a translation of an inscription on
an Assyrian clay tablet, circa 2800 B.C.E.
God, grant me the serenity to accept the things I cannot change,
courage to change the things I can,
and the wisdom to know the difference.
aho mitakuye oyasin
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06-06-2008, 06:37 PM #14
As strange as it is, my 401K did GREAT today! I had been down for the year, but no longer, in a single day I've recouped almost everything that was lost earlier.
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06-06-2008, 06:38 PM #15
The stock market goes down and up, it's just what it does. It's actually a great time to buy certain stock. What annoys me is that commodity speculation can cause such panic regarding oil prices. Really annoys me.
Erika
married to my love since 1989
mom of 3 really cool teenagers
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