Economy Headed Into The S**T

[88 Turbo Coupe]

Hold on to your wallets. The Best Is Yet To Come!

[SYKO]

im glad im not investing right now

[atctim]

Is it too late to empty my 401K and bury the remains in the back yard?

[smokinwrench]

Yep way to late! Best to ride it out now, at least that is what the finacial people at our employment have said.

I think it is going to get worse before it ever turns around. Whats bad is the tax payers paid $700 billion.

On a positive note oil is going down. I hope it goes back down to $40 a barrel.

[DeePa]

yeah cause nobody has the money to pay over 100 bucks a barrel for oil

[SCEADU]

Hey, just hold guys cause Obama is gonna save us!!! Nostrodamus said so!!!!


Before anyone flames me the above was said with the most sarcasim that my fingers could type.

[250rAL]

If this is a bad economy, I need more of it! My employer just had their best quarter ever and gas prices are dropping like a rock.

[Howdy]

If this is a bad economy, I need more of it! My employer just had their best quarter ever and gas prices are dropping like a rock.

My employer is hiring people almost daily. We make fork lifts and the demand is the most I have ever seen. I'm sure it will change if obama wins, in fact 9 out of 10 people ask says the same thing.
Howdy

[UlsterATCFan]

The bankruptcy administrators at Lehman Brothers have just released a statement based on their their investigation into their balance sheet, which read - On the left nothing is right, and on the right, nothing is left!

[dizasterzrfun69]

well i just got laid off on friday. i was doing automotive air conditioning in shuttle busses, freightliner limos, etc... elkhart, isnt doing to good, even the NY times thinks so..... http://www.nytimes.com/2008/10/12/us...se&oref=slogin

[DixiePlowboy]

well i just got laid off on friday. i was doing automotive air conditioning in shuttle busses, freightliner limos, etc... elkhart, isnt doing to good, even the NY times thinks so..... http://www.nytimes.com/2008/10/12/us...se&oref=slogin

I had heard from my ex-wife that there were a lot of layoffs going on in that area(she works at Elkhart General Hospital), even though her job seems to be fairly secure.

There's a good bit of hard times down here as well. Several people I know with decades in their jobs have been laid off 5 of the last 6 weeks.

I have nothing directly in the stock market, so I don't too excited when it rides up or down. I'd like to not be as pessimistic(sp?), but I don't believe we've seen the bottom yet so I'm not as optimistic(again..sp?) as others are.

Heck....even a dead cat will bounce if dropped from high enough(and no I don't drop cats), so let's watch, hope, and see if the market gains steadily over the coming days/weeks before we switch our guard off.