Dow is now below 8,000
#1
Race Director
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Dow is now below 8,000
To think a year ago it was around 14,000. ![Why Me](https://acurazine.com/forums/images/smilies/whyme.gif)
In the 1987 crash it made it up within 2 years. How long do you think its going to be this time? Hopefully less but I wouldn't bet on it.
![Why Me](https://acurazine.com/forums/images/smilies/whyme.gif)
In the 1987 crash it made it up within 2 years. How long do you think its going to be this time? Hopefully less but I wouldn't bet on it.
#2
Go Giants
we are doomed...
#3
The sizzle in the Steak
It's going to go lower still....
#5
trill recognize trill
http://en.wikipedia.org/wiki/Japanes...t_price_bubble anyone see the correlation, and their govt did the same thing by propping up companies that were failures (zombie companies), in the sake of jobs. Lost Decade 2 anyone? Economists still haven't figured out the full extent of what happened in Japan either. Anyone see any differences between then and now?
Last edited by yunginTL; 11-13-2008 at 12:34 PM.
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#8
One on the right for me
I don't do red anymore. I figure people can tell what is sarcasm.
Although - my mom is visiting her mom in TN and there are a fair amount of people who blame the market on Obama. But that is TN.
Although - my mom is visiting her mom in TN and there are a fair amount of people who blame the market on Obama. But that is TN.
#14
Go Giants
Shhhh....
#15
One on the right for me
I don't know whether to get out know with my education account or wait until May (when I have to use it by) with the hopes that it will have gone up a tiny bit.
#19
The sizzle in the Steak
#21
Racer
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poor jobs reports really dragged the markets down the first half. I have a feeling a LOT of people placed some limit orders if the dow were to hit near 8000 and when the orders went through, that boosted everything up. let's wait until another negative non-farm payroll the first friday in December and see where it's at then.
#22
99 TL, 06 E350
I have been reading blogs elsewhere that the DOW will go down to 5000-6000 levels. Seeing the DOW go down to 7000 level for a short time really makes you wonder that these bloggers were right.
#23
The sizzle in the Steak
Dow closes below 8,000
Dow drops below 8,000 for the first time since March 2003. S&P 500, Nasdaq each plunge 6%
#24
#25
The sizzle in the Steak
#27
The sizzle in the Steak
^^nope...you thought wrong.
#29
The sizzle in the Steak
#33
What Would Don Draper Do?
#36
The sizzle in the Steak
Have no fear!!!!
Obama will tax & spend our way out of this mess.
Obama will tax & spend our way out of this mess.
![Fluffy](https://acurazine.com/forums/images/smilies/fluffy.gif)
#39
Go Giants