Home › Forums › Financial Markets/Economics › DOW is at 8700 and dropping fast!
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jficquette.
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October 10, 2008 at 1:18 PM #285602October 10, 2008 at 2:21 PM #285280
kev374
Participantlooks like the markets are stabilizing.
October 10, 2008 at 2:21 PM #285570Participantlooks like the markets are stabilizing.
October 10, 2008 at 2:21 PM #285591Participantlooks like the markets are stabilizing.
October 10, 2008 at 2:21 PM #285613Participantlooks like the markets are stabilizing.
October 10, 2008 at 2:21 PM #285622Participantlooks like the markets are stabilizing.
October 10, 2008 at 11:49 PM #285430LuckyInOC
ParticipantYou guys are funny…
Everyone was predicting the ‘market’ would get would get back to 2002 values.
The only problem, no one thought the ‘stock’ market would beat the ‘housing’ market to the 2002 levels.
The housing market will now soon follow…
What’s this talk of $2 Trillion lost in the retirement funds. Everyone here knows the last 6 years at least has been a false rally, based on fictitious paper. An economy based on the housing market, master minded by Greenspan and fueled by the Dems and Reps for their own selfish needs. That $2 Trillion was stolen from individuals like you and me, saving our hard earned cash until we could buy what we could afford.
Do you hear it? That sucking sound is called “Deflation”. When, you artificially inflate the money supply too quickly (Bad home loans), you will have the opposite affect later and more violently. Of course, there is a shortage of Credit (money supply). The Stock Market just funded some of the bailout, clear and simple.
The market just took a big mulligan. We get to redo the last 6 years…
I would hope the market stabilizes between 7k and 8k for a while. If it drops below 7K, I think the game is over…
I just hope none of us get caught in the collateral damage.
Good Luck to us all…
Lucky In OC
October 10, 2008 at 11:49 PM #285720ParticipantYou guys are funny…
Everyone was predicting the ‘market’ would get would get back to 2002 values.
The only problem, no one thought the ‘stock’ market would beat the ‘housing’ market to the 2002 levels.
The housing market will now soon follow…
What’s this talk of $2 Trillion lost in the retirement funds. Everyone here knows the last 6 years at least has been a false rally, based on fictitious paper. An economy based on the housing market, master minded by Greenspan and fueled by the Dems and Reps for their own selfish needs. That $2 Trillion was stolen from individuals like you and me, saving our hard earned cash until we could buy what we could afford.
Do you hear it? That sucking sound is called “Deflation”. When, you artificially inflate the money supply too quickly (Bad home loans), you will have the opposite affect later and more violently. Of course, there is a shortage of Credit (money supply). The Stock Market just funded some of the bailout, clear and simple.
The market just took a big mulligan. We get to redo the last 6 years…
I would hope the market stabilizes between 7k and 8k for a while. If it drops below 7K, I think the game is over…
I just hope none of us get caught in the collateral damage.
Good Luck to us all…
Lucky In OC
October 10, 2008 at 11:49 PM #285741ParticipantYou guys are funny…
Everyone was predicting the ‘market’ would get would get back to 2002 values.
The only problem, no one thought the ‘stock’ market would beat the ‘housing’ market to the 2002 levels.
The housing market will now soon follow…
What’s this talk of $2 Trillion lost in the retirement funds. Everyone here knows the last 6 years at least has been a false rally, based on fictitious paper. An economy based on the housing market, master minded by Greenspan and fueled by the Dems and Reps for their own selfish needs. That $2 Trillion was stolen from individuals like you and me, saving our hard earned cash until we could buy what we could afford.
Do you hear it? That sucking sound is called “Deflation”. When, you artificially inflate the money supply too quickly (Bad home loans), you will have the opposite affect later and more violently. Of course, there is a shortage of Credit (money supply). The Stock Market just funded some of the bailout, clear and simple.
The market just took a big mulligan. We get to redo the last 6 years…
I would hope the market stabilizes between 7k and 8k for a while. If it drops below 7K, I think the game is over…
I just hope none of us get caught in the collateral damage.
Good Luck to us all…
Lucky In OC
October 10, 2008 at 11:49 PM #285764ParticipantYou guys are funny…
Everyone was predicting the ‘market’ would get would get back to 2002 values.
The only problem, no one thought the ‘stock’ market would beat the ‘housing’ market to the 2002 levels.
The housing market will now soon follow…
What’s this talk of $2 Trillion lost in the retirement funds. Everyone here knows the last 6 years at least has been a false rally, based on fictitious paper. An economy based on the housing market, master minded by Greenspan and fueled by the Dems and Reps for their own selfish needs. That $2 Trillion was stolen from individuals like you and me, saving our hard earned cash until we could buy what we could afford.
Do you hear it? That sucking sound is called “Deflation”. When, you artificially inflate the money supply too quickly (Bad home loans), you will have the opposite affect later and more violently. Of course, there is a shortage of Credit (money supply). The Stock Market just funded some of the bailout, clear and simple.
The market just took a big mulligan. We get to redo the last 6 years…
I would hope the market stabilizes between 7k and 8k for a while. If it drops below 7K, I think the game is over…
I just hope none of us get caught in the collateral damage.
Good Luck to us all…
Lucky In OC
October 10, 2008 at 11:49 PM #285772ParticipantYou guys are funny…
Everyone was predicting the ‘market’ would get would get back to 2002 values.
The only problem, no one thought the ‘stock’ market would beat the ‘housing’ market to the 2002 levels.
The housing market will now soon follow…
What’s this talk of $2 Trillion lost in the retirement funds. Everyone here knows the last 6 years at least has been a false rally, based on fictitious paper. An economy based on the housing market, master minded by Greenspan and fueled by the Dems and Reps for their own selfish needs. That $2 Trillion was stolen from individuals like you and me, saving our hard earned cash until we could buy what we could afford.
Do you hear it? That sucking sound is called “Deflation”. When, you artificially inflate the money supply too quickly (Bad home loans), you will have the opposite affect later and more violently. Of course, there is a shortage of Credit (money supply). The Stock Market just funded some of the bailout, clear and simple.
The market just took a big mulligan. We get to redo the last 6 years…
I would hope the market stabilizes between 7k and 8k for a while. If it drops below 7K, I think the game is over…
I just hope none of us get caught in the collateral damage.
Good Luck to us all…
Lucky In OC
January 31, 2009 at 8:47 PM #339522ParticipantI just found it interesting that since this low of Oct 9-10, 2009 the Dow has:
1. Rose then dropped to 8.1K on 10/27
2. Only to rise to to 9.6k on 11/4, Election Day
3. Drop to 7.6k by 11/20
4. Rose to 9.0k only to drop back to 8.0k this week.Unfortunately, the collateral damage has started. I can’t see how the Dow can stay above 8.0k any longer and test the 7.6k low on 11/20/08. Even the Dow seems not only possible, but probable to be in the 6’s.
very…
Lucky In OC
January 31, 2009 at 8:47 PM #339848ParticipantI just found it interesting that since this low of Oct 9-10, 2009 the Dow has:
1. Rose then dropped to 8.1K on 10/27
2. Only to rise to to 9.6k on 11/4, Election Day
3. Drop to 7.6k by 11/20
4. Rose to 9.0k only to drop back to 8.0k this week.Unfortunately, the collateral damage has started. I can’t see how the Dow can stay above 8.0k any longer and test the 7.6k low on 11/20/08. Even the Dow seems not only possible, but probable to be in the 6’s.
very…
Lucky In OC
January 31, 2009 at 8:47 PM #339944ParticipantI just found it interesting that since this low of Oct 9-10, 2009 the Dow has:
1. Rose then dropped to 8.1K on 10/27
2. Only to rise to to 9.6k on 11/4, Election Day
3. Drop to 7.6k by 11/20
4. Rose to 9.0k only to drop back to 8.0k this week.Unfortunately, the collateral damage has started. I can’t see how the Dow can stay above 8.0k any longer and test the 7.6k low on 11/20/08. Even the Dow seems not only possible, but probable to be in the 6’s.
very…
Lucky In OC
January 31, 2009 at 8:47 PM #339971ParticipantI just found it interesting that since this low of Oct 9-10, 2009 the Dow has:
1. Rose then dropped to 8.1K on 10/27
2. Only to rise to to 9.6k on 11/4, Election Day
3. Drop to 7.6k by 11/20
4. Rose to 9.0k only to drop back to 8.0k this week.Unfortunately, the collateral damage has started. I can’t see how the Dow can stay above 8.0k any longer and test the 7.6k low on 11/20/08. Even the Dow seems not only possible, but probable to be in the 6’s.
very…
Lucky In OC
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