Will Tuesday's market be the worst since 9/11?

If it goes down as much as some expect, I will be buying

I've been buying -- "catching falling knives" as they say. There are some good companies being dragged down by the financial contagion and market panic. While we may be entering a prolonged bear market, investors who can buy and hold over 3-5+ years should do allright.

BTW, I wouldn't be surprised if more economic problems (and harsh corrective measures) come to light after the election.

The long run depends on whether our political leaders have the will to address inflation -- which has the most corrosive long-term effect.

I'd love for all the early dip buyers to get in and the see the market still continue to tank. Then if there's enough pain, those initial dip buyers will panic sell and only then can you really get the best bargains

(This is my intraday/weekly view, I still think we're in big trouble yearly)

Tim
http://www.timothysykes.com

I'll buy, but not until I think the market is at the bottom, or perhaps when it starts to move up. I got out early, so I can afford to miss the bottom by a bit.
Ed

Sell! Sell! Sell! While you are at it...would the top 2% please find a window and jump out! Need at least three stories to do the job.

Depending on the VIX, I get the feeling the market still needs to shed some more weight before it's ready to start jumping new hurdles again.

India's Sensex is still looking for another 10-51% dip as the overall market premium is at an astounding 65% premium. It almost looks like every other market is in a bubble right now, and it may signal an even sppokier sell-off than what we've seen in the last 24 hours. DBA, GLD, FXI, EWZ, INP, etc.

I'm already on QID, and I'll sell once the VIX is moments from Armageddon (an extreme 4 handle possibly).

10-15% Dip, not 51%, sorry. Boy, now that would be Armageddon!

finally bargain time is near

This is the best scenario for the bulls right now; the market opens limit down. Shake all the shaky sellers out this week and then begin a new leg up. I say we may be making new highs by the end of the year or perhaps early '09; provided Bernanke makes a cut or three.

The world is coming to an end,,, gas is 3 bucks a gallon, the market is tanking, real estate has collapsed, crime is soaring, taxes are soaring. Jimmy Carter?, nope, good ol' GW Bush, who will go down in the same breath as Carter now. Sell sell sell selll selll, market will be 8k within 2 months.

I will buy GUN.
You cannot destroy middle class and expect for so call "globalization" to take care of a "typical" economic cycle. IBM has 170000 workers in US and 95000 in few years outside with salaries 2-5 times less - this is a THE PROBLEM.

PLEASE would you Columnist put things in Perspecitve? The Europe an Asian Markets have Always been 3x as Reactive (+/-) as the US markets.. with over 50% of them EM's...
a -7% drop there is = to a 2-3% drop here.
and not the end of the World.. They have had a 5 yr APY of over 30% while US only 10% = 3x ratio
It has been like this For Decades.. and will continue to be so.. We need a Recession to get the Markets and prices back in Line... and fight Inflation...& Start a new 5 Yr Bull Market again.. By Yr End or sooner? a 1600+ S&P.. = + 15%.
US 1700 S&P

The media scares the hell out of people.
This is what causes things like this to happen.
If you keep reporting that a recession is anticipated, people panic. Stop the presses and stop the b.s.

Our only hope out of this collapse of American Empire is for Congress to IMPEACH asap!! Each day these criminals stay in office lining the pockets of Saudi and themselves while bleeding our resources here at home VIA WAR in Iraq- the less chance we have of recovering!!! The Roman Empire NEVER recovered!! Our enemies are happy to see us bleed ourselves dry of financial stability!!! Who are these idiots who keep voting Republican at this point?

I believe that JesusChrist is the way, the truth, and life. In the Holy Bible (King James Version) it says:

Jesus saith unto him, I am the way, the truth, and life; no man cometh unto the Father, but by me.
(John 14:6)



I would suggest that you turn to JesusChrist for HELP. Just pray to JesusChrist in faith and believing that the best is yet to come. Also know that faith comes by hearing and by HEARING THE WORD OF GOD!!!

THANK BUSH FOR OUR LOVELY WAR AND OUR STOCK MARKET DECLINE....OUR HUMUNGOUS DEFICIT.. ALL THE LOSSES OF TAPES ON VALERIE PLAME AND THE CURRENCY MARKET AND OUR DOLLAR DECLINE WHERE THE CANADIAN DOLLAR IS HIGHER THAN THE US DOLLAR FOR THE FIRST TIME IN 25 YEARS OR 30 YEARS AND THE EURO AND THE SECURITY WE SUPPOSEDLY HAVE AND KATRINA AND ROVE AND CHENEY AND HALLIBURTON AND ALL THE HORRENDOUS LOSSES OF LIVES AND LIMBS AND DESTRUCTION OF HUMAN LIVES.......WHAT A HORRENDOUS RECORD.THE WORST EVER SINCE WORLD WAR 11..........WHAT A NIGHTMARE WE HAVE BEEN BLESSED WITH..THAT IS WHAT WE GET WHEN WE VOTE WITH NOT REMEMBERING WHAT THE LAST BUSH PRESIDENT GAVE US.. WHY SHOULD THIS ONE BE ANY DIFFERENT...EXCEPT THAT THIS ONE CREATED EVEN MORE CATASTROPHIC RESULTS.....HOW SAD.THAT ONE MAN COULD DESTROY THE STOCK MARKET AND THE ECONOMY AND JOBS AND THE REAL ESTATE MARKET AND DESTROY ALL THE GOOD WILL AND HISTORY OF THE UNITED STATES.IT IS ALMOST TOO DIFFICULT TO BELIEVE.