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09-29-2008, 09:49 PM
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#76
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Hippy Mod, Bergermeister Meisterberger, Moderator
Join Date: Aug 2004
Location: Ewing
Posts: 6,216
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Yup, people got greedy on all fronts and us regular people who pay their bills on time end up getting screwed. My 401K is probably down 25% for the year now, over $25K gone in less than 10 months unless some small miracle revives the market before the end of the year. 
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69 Z28 JL8 4 wheel disc brakes - being restored
09 Silverado Z71
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09-30-2008, 06:16 AM
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#77
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Join Date: Jul 2005
Location: Williamstown NJ
Posts: 479
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Quote:
Originally Posted by JL8Jeff
My 401K is probably down 25% for the year now, over
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I feel your pain.
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F-Bodyless 
01 GMC Sierra C3 6.0L, AWD, Westers Tune, K&N, Hella LED Tails
03 Pontiac Grand Prix GT, GMPP Handling Kit, LS1 F-Body Brakes
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09-30-2008, 07:51 AM
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#78
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Hippy Mod, Bergermeister Meisterberger, Moderator
Join Date: Aug 2004
Location: Ewing
Posts: 6,216
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Hey, it's not as bad as I thought! I'm only down 24.1% for the year. 
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69 Z28 JL8 4 wheel disc brakes - being restored
09 Silverado Z71
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10-02-2008, 06:38 PM
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#79
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Join Date: Dec 2005
Location: Mays Landing, NJ
Posts: 7,108
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Nothing like having a bill with $110 billion in earmarks...
...and John McCain...Mr Earmark vetoer(is that even a word? lol) voted yes for it. 
Do as I say and not as I do.
Time to write in a vote.
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2018 Camaro 2SS Redline package, ESC Novi 1500 tuned by EFX, Might Mouse wild catch can, GM STB, smoked ZL1 3rd brake light, Xpel XR Black 35% tint all around, Street Scene front splitter, C7 Carbon ZL1 side skirts, Drake Muscle Car Wickerbill spoiler
2010 Infiniti G37x-Moonlight White w/Graphite interior. Stock...for now. Xpel XR Black tint(hey it's a mod lol)
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10-02-2008, 06:57 PM
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#80
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Join Date: Jul 2004
Location: West Long Branch
Posts: 13,598
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Quote:
Originally Posted by Frosty
Nothing like having a bill with $110 billion in earmarks...
...and John McCain...Mr Earmark vetoer(is that even a word? lol) voted yes for it.
Do as I say and not as I do.
Time to write in a vote. |
well, thank you. Its spelled Alexander Villani, thank you.
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2/20/2013: They Day the ****s Stopped
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10-02-2008, 07:32 PM
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#81
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Join Date: Dec 2005
Location: Mays Landing, NJ
Posts: 7,108
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Sorry, you're last name is too close to Villian, you=teh loss 
__________________
2018 Camaro 2SS Redline package, ESC Novi 1500 tuned by EFX, Might Mouse wild catch can, GM STB, smoked ZL1 3rd brake light, Xpel XR Black 35% tint all around, Street Scene front splitter, C7 Carbon ZL1 side skirts, Drake Muscle Car Wickerbill spoiler
2010 Infiniti G37x-Moonlight White w/Graphite interior. Stock...for now. Xpel XR Black tint(hey it's a mod lol)
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10-03-2008, 01:54 AM
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#82
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2007 Member of the Year
Join Date: Oct 2004
Location: Seabrook, TX
Posts: 14,281
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I think I'd vote for BiGals, but not BigAls.
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WF=DF
Kommandant of the ACL (Anti Canadian League)
Quote:
Originally Posted by LTb1ow
Junk the pos, spend the money on beer, acquire headache.
Same result cept this headache doesnt last months.
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10-05-2008, 10:18 PM
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#83
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I <3 sheep
Join Date: Mar 2005
Location: Belmar
Posts: 4,907
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I'd vote for you, but I fear you'd cancel the Challenger.
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Quote:
Originally Posted by Tru2Chevy
Steve has a thing for sheep....
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'78 Big Wheel- 2FWFP
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10-09-2008, 10:23 PM
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#84
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I <3 sheep
Join Date: Mar 2005
Location: Belmar
Posts: 4,907
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Today was not good. Market fell almost 700 points. To put all this in perspective, during the Great Depression, the market fell 24%. Over the last month, the market has fallen 31%, and since the start of the downturn 12 months ago, the market has fallen 39.4%.
In other news, GM and Ford are in HUGE trouble now. S&P put both manufacturers on "CreditWatch with a negative outlook". Which led to their credit being down graded and it will now be virtually impossible for either manufacturer to get a loan for anything. So until they can get their credit rating back up, everything they do will have to be paid for out of their pocket, and seeing that both are already in debt, that's very bad news. Following this announcement late in the day, Ford's stock plummeted 22% to close at $2.08, and GM's stock plummeted 31% to $4.76. Wall Street has officially put both companies on "Death Watch".
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Quote:
Originally Posted by Tru2Chevy
Steve has a thing for sheep....
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'78 Big Wheel- 2FWFP
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10-10-2008, 02:57 PM
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#85
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Join Date: Oct 2004
Location: Gibbstown, NJ
Posts: 426
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Glad i sold off everything i had 2 months ago... i would of lost big money. I pulled all my money markets too. My savings account looks banging though haha.
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2000 Trans Am WS6 - CAMMED & SLAMMED sitting on 18 Z06 wheels.
362 RWHP / 358RWTQ
2007 Trailblazer SS - 1 baby seat
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10-10-2008, 03:02 PM
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#86
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Join Date: Aug 2008
Location: North Jersey
Posts: 543
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Quote:
Originally Posted by chemicalstylez
Glad i sold off everything i had 2 months ago... i would of lost big money. I pulled all my money markets too. My savings account looks banging though haha.
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Drinks are on you tonight! 
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2010 Camaro 2SS, Inferno Orange, black stripes, Inferno Orange leather interior, RS package, 21" black rims, 6 speed manual trans, Inferno Orange engine cover.
1984 Trans Am Roadster, 305H.O, 31k original miles, all original.
1984 Camaro Z28 Roadster, 350 .40 over, cam, edelbrock 750, headers, flowmaster, more to come...
1986 IROC-Z, L98 swap, .30 over, forged internals, cam, headers, flowmaster, Go Fast juice.. - Sold
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10-10-2008, 03:51 PM
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#87
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Join Date: Jan 2008
Location: West Milford/Villanova
Posts: 1,044
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This is really getting out of hand now.
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1992 Camaro RS 305 TBI,- Off the road, awaiting rebuild
2004 GMC Sierra- Current Daily Driver.
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10-10-2008, 06:20 PM
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#88
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Join Date: Feb 2006
Posts: 1,385
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i bought GM at 50 at shair -- times my loss = 12 years of work and if the volt dont make it in a big way its a was a bust - in 1995 i did not for see the sub prime doing this in the end it was all a scam and a lot of people got hurt forever - jz
Last edited by johnjzjz; 10-10-2008 at 06:21 PM.
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10-10-2008, 06:48 PM
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#89
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Join Date: Dec 2005
Location: Boston/North
Posts: 9,214
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There are 10^11 stars in the galaxy. That used to be a huge number. But it's only a hundred billion. It's less than the national deficit! We used to call them astronomical numbers. Now we should call them economical numbers.
- Richard Feynman
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Quote:
Originally Posted by BonzoHansen
dumbass.
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10-10-2008, 07:03 PM
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#90
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I <3 sheep
Join Date: Mar 2005
Location: Belmar
Posts: 4,907
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Quote:
Originally Posted by johnjzjz
i bought GM at 50 at shair -- times my loss = 12 years of work and if the volt dont make it in a big way its a was a bust - in 1995 i did not for see the sub prime doing this in the end it was all a scam and a lot of people got hurt forever - jz
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I didn't check today, but GM stock as of closing bell yesterday was it's lowest since 1950.
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Quote:
Originally Posted by Tru2Chevy
Steve has a thing for sheep....
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'78 Big Wheel- 2FWFP
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10-10-2008, 07:41 PM
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#91
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Join Date: Dec 2005
Location: Boston/North
Posts: 9,214
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Quote:
Originally Posted by SteveR
I didn't check today, but GM stock as of closing bell yesterday was it's lowest since 1950.
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THAT is scary. especially seeing as both GM and Ford have been put on a "death watch"
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Quote:
Originally Posted by BonzoHansen
dumbass.
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10-10-2008, 07:44 PM
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#92
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Admin.
Join Date: Aug 2005
Location: Hamilton, NJ
Posts: 20,165
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GM closed at 4.89.
Stock price is down because no loans = no selling cars = no cash in.
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Vent Windows Forever!
The looser the waistband, the deeper the quicksand. Or so I have read.
Feather-light suspension, Konis just couldn't hold. I'm so glad I took a look inside your showroom doors.
Hey everybody, it's good to have you on the Baba-too-da-ba-too-ba-ba-buh-doo-ga-ga-bop-a-dop
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10-13-2008, 07:46 PM
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#93
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Join Date: Feb 2005
Location: Little Egg Harbor NJ
Posts: 1,175
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all i know is i was finally forced to move my allocations today. im sick of losing thousands every month with no hope of a return in the near future. 80% back into the stable fund
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2011 Camaro 1SS Cyber Grey Metallic
2005 Silverado
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12-11-2008, 11:29 AM
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#94
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I <3 sheep
Join Date: Mar 2005
Location: Belmar
Posts: 4,907
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Unemployment figures for last week came out today. Over 573,000 jobs were lost last week alone 
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Quote:
Originally Posted by Tru2Chevy
Steve has a thing for sheep....
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'78 Big Wheel- 2FWFP
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12-11-2008, 11:57 AM
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#95
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Join Date: Aug 2008
Location: North Jersey
Posts: 543
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Quote:
Originally Posted by SteveR
Unemployment figures for last week came out today. Over 573,000 jobs were lost last week alone |
Holy "F"
__________________
2010 Camaro 2SS, Inferno Orange, black stripes, Inferno Orange leather interior, RS package, 21" black rims, 6 speed manual trans, Inferno Orange engine cover.
1984 Trans Am Roadster, 305H.O, 31k original miles, all original.
1984 Camaro Z28 Roadster, 350 .40 over, cam, edelbrock 750, headers, flowmaster, more to come...
1986 IROC-Z, L98 swap, .30 over, forged internals, cam, headers, flowmaster, Go Fast juice.. - Sold
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