3.02.2009

Trouble Ahead

I woke up this morning to the sound of cat puking:P It seems to me when that is the start of your day, it can only get better...right?

I am so frustrated/disgusted/scared/hopeless about the market. I spent 15 years trading stocks on the floor. I like to think I have a strong stomach for this kind of thing...not anymore. Ladies and gentlemen, we have reached my limit. WTF! The Dow closed on its lows (at 6,763) There are no signs of a bottom here. There is no reason to think at this level it is a buy. Quite frankly, I think we'll see 4,000 before we see 10,000 again. So, let's put this in perspective, I spent 15 years of my life investing everything I made in the stock market only to end up right back where I started...blech! I feel sick:P

I have decided ignorance is bliss. Seriously, what is the point of paying attention? Smokey Joe seems to be sleeping well (even with a truck on his back). It's all good as long as he has more cat food to eat once he has thrown up in the morning.
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15 comments:

  1. Be glad you are out of the business...like I told my friends..market is down 50%, our income is also down 50%. Sickening!
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  2. Oh, that sucks. So sorry. My brother and I had a very similar conversation this afternoon, but about real estate. I, myself, came from nothing, worked my butt off (as a teacher) and gained, well, nothing, and here I sit today with nothing! So, I guess that means I'm doing OK.
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  3. I'm glad I haven't had time to look at the market. I used to be so interested in it but thank goodness I didn't do anything about it over the past couple of years.
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  4. I was just talking about the same thing this morning. As the radio station was playing the top 5 songs in 1997. Ugh...
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  5. I don't know what's worse: waking up to the sound of a cat puking or stepping in cat vomit as soon as you wake up... It seems I do both regularly. :(
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  6. The sound of a cat puking is like nails on a chalkboard to me.

    Everyday....I watch my Apple stock tank. :( I'm almost obsessive about watching it. It is like a child of mine and I want it to do well and succeed...you know.

    In 1997, I was trailer house living, dirt poor, eating ramen and I didn't know the market was in the shitter. Perhaps you're right...ignorance IS bliss!
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  7. argh - I hear you - our money that we made since we got married - GONE - just like that!
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  8. We've lost our savings. :( Now we have to pray we have no emergencies AND that we never get a sibling call for one of our kids (occasionally, adoptive families will get a call saying a biological sibling has just been born), we would feel compelled to find the HUGE sum of money to adopt this child if that ever happened.... And although we HAD that money a year ago, it's all disappeared with the stock market crash. :(
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  9. I have always been way too scared of the stock market to invest. Now I am kind of glad.
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  10. The market is a white hot terrifying mess.

    The gov't remedies will not help much, if at all. It's too far gone.

    We're on a 10 yr recovery horizon.

    This is not going to be fun. At all.

    There's my somewhat educated opinion.
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  11. i agree... ignorance is bliss! just wish i could figure out how to make myself ignorant! agh. scary.
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  12. I can't even look at my account anymore - it makes me physically ill... seriously... heart palpitations, sweating, pit in the bottom of my stomach ill.
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  13. The stock market is certainly not responding well to all the "stimulus". Not good. It's scary when you don't know what rock bottom is going to be.
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  14. I love how your cat is representing in the blogosphere, to hell with Dooce and her dogs balancing crap on them!
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  15. Poor kitty. He's a pretty cat!

    I have been trying to ignore the market because it sucks so bad right now. We just gotta hope better days will come soon.
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