Wall Street Manna

An irreverent look at Wall Street

Monday, August 8, 2011

S&P 1119.46 Down 6.66%!!!

Another Booyah for the 666 bears!!
Hexakosioihexekontahexaphobia hits Wall Street again!!


At August 8, 2011 at 6:23 PM , Anonymous Anonymous said...

how much lower do you think we need to go?

At August 8, 2011 at 8:57 PM , Anonymous Anonymous said...

500 should just about do it.

Be patient.

At August 9, 2011 at 12:33 AM , Anonymous Anonymous said...

The market wants the Dow down 1000 pts to price in this S&P news. 1000 is what is in everyone's mind, and then it most likely can be considered 'washed out'

just grab some damn good dividend paying stocks (and large cap blue chips) at that point and hang on, that is what is going up after this mess clears out.

Earnings are still good out there.

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