Market Woes

[nekosensei]

Oh shitbees! The Dow Jones is down 333 points. Earlier, it looked like it was 360 points down, but it looks like it sprang back up...

[Edit: The market closed 504 points down today. Ouch].

Comments

[nick-101.livejournal.com]

Hope it doesn't become another Black Monday. I hate it when stocks plunge like that. :/

Mixed bag, baby.

[feren.livejournal.com]

One one hand, this hurts my current holdings for my 401k. My returns right now are probably somewhere in the negative 20% range.

But on the other hand it makes my next round of 401k purchases super-sweet, which will ultimately negate and even boost my returns.

I feel conflicted. Do I cheer it on to lower numbers, or hope it stays put?