This is getting a little ridiculous. Wasn't the bailout supposed to... you know... help? Considering the rejection of the first bill caused an immediate jump down, I was hoping for a jump up with the passing of the 2nd. - Kårín Dalzĭel

You betcha! - Kelly Fox

Unless 'some' leader makes an awesome series of statements, think you're probably right. They may actually need to freeze the markets AND temporarily nationalize the banks. Not buying the earlier posts on anarchy but a lot of road rage ... sure. Driving carefully gang! - Charlie Anzman

It's the Price is Right, and I'm rooting for 8250 as my buy in point. Perhaps I should go open an account somewhere.... - FFing Enigma (aka Tina)

I am having the same feeling SB i was calling an 8600 bottom. Looks like i am about to find out if i was right or not hehe. - Geoff Schultz

Dow 8,579.19 -678.91 (-7.33%) - FFing Enigma (aka Tina)

I think we are already seeing a lot of people looking to get in at these prices, at least in non-financial sectors. Volume on NASDAQ is super crazy. - Alex Scoble

The sad truth though is unless the institutional investors hop back in the market wont respond much. - Geoff Schultz

Very unreasonable. I mean Europe didn't do too badly. - Roberto Bonini

I'm wondering if I should put my meager savings into stocks... I don't need too much of a cushion because we could live on either income if my husband or I lost our job. Hmm. - Kårín Dalzĭel

I think a good rule of thumb is, if you don't need the money for 5 years, put it in the market. If you can live with that, by all means, open an account. I'd recommend putting it in a little at a time. Like a tenth a week or a month, depending on your aversion or desire for risk. - Alex Scoble

I'd guess that the Dow will drop over 1,000 points combined on 4-5 November. Might go quadruple-digits on 5 November alone. I'll have to get back to you on that. - Julian

The market has always been driven more by psychology than economics. Investors are freaking out and causing a negative bubble. Good for those of us sitting on the sidelines and waiting to jump in. - Eric P

If Obama wins, I'd expect a 2-5% spike upwards. If McCain wins it will be the opposite. - Alex Scoble

Alex - I already have a bit in (not planning to touch for 10+years) but I've been holding back since the drops started. Debating when to start adding again. - Kårín Dalzĭel

There's no way to obliterate irrationality out of the system unless you eliminate humanity's ability to trade in the markets. - Alex Scoble

This is a buying opportunity. Unless you think this market will keep going down forever, in which case your cash sitting out won't be worth anything anyhow. Might as well put it to good use while you have it. - Alex Scoble

If you are in for the long haul, now is an awesome time to buy! - Clay Newton

@Jason I agree with you. It's not time to buy yet. There's still more blood letting to be done. - Jason Shultz via twhirl

I feel sorry for the soon-to-be-retirees who now have lost 40-50% of their savings. - Mike Reynolds

Soon-to-be-retirees should not have most of their savings in stocks in the first place. - Morton Fox

I think I'll just start buying at 1k a week or every 2 weeks.... - Kårín Dalzĭel

Just bumping this cause IM AWESOME. - Geoff Schultz

Hehe, Geoff. - Alex Scoble

...nothing wrong with a little ego boosting! ;-) - JA Castillo (جاسون)