>>>>>My guess 4.5%
>>>>
>>>>7%
>>>>
>>>>UK down 5.5 yesterday another 3 today. Say goodbye to your pension funds again.
>>>
>>>If your pension is starting today, then yes. Else, simply keep your stocks. Personally I'm thinking about the right moment to BUY some extra.
>>>
>>>One can also buy or write one or more put options, but IMO esp. short term puts are an extreme risk at this moment. Who can predict what the index will be in exactly one week from now? It can be lower, the same and higher. Sure, that's always true, but this week it's even more true that no one can really know how it will develop.
>>>
>>>If I buy, perhaps today, then it'll be for the long run and it will be regular options.
>>>
>>>http://en.wikipedia.org/wiki/Put_option
>>
>>
>>We think alike. Buying today would be like buying stocks on sale. If you want to follow the adage of "Buy low, sell high" it helps to buy low, right?
>
>That .75 rate cut by the FED doesn't seem to have done it either. The UK market rose and is now falling again
>

Let's see where the Dow is at the end of the day, and then the end of the week. It will still be down but I bet not by anything like 400 points.