Author Topic: Dow drops beloiw 10,000!  (Read 4602 times)

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Offline debk

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Re: Dow drops beloiw 10,000!
« Reply #25 on: October 09, 2008, 03:11:27 PM »
It's still dropping....down to 8579.19..... :o
Just hand over the chocolate...back away slowly...far away....and you won't get hurt....

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Offline RightCoast

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Re: Dow drops beloiw 10,000!
« Reply #26 on: October 09, 2008, 04:47:04 PM »
And our idiot "leaders" continue to talk about more socialization.  SHUT THE **** UP and let the market figure out were it is and what it needs to do.
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Offline Duke Nukum

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Re: Dow drops beloiw 10,000!
« Reply #27 on: October 09, 2008, 06:50:45 PM »
And our idiot "leaders" continue to talk about more socialization.  SHUT THE **** UP and let the market figure out were it is and what it needs to do.

If memory serves, the best day the market has had in the last two week was the Jewish New Year when the House closed down.  I think maybe if we suspended the government for a few days the market could come back.
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Offline Hawkgirl

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Re: Dow drops beloiw 10,000!
« Reply #28 on: October 09, 2008, 07:09:42 PM »
If memory serves, the best day the market has had in the last two week was the Jewish New Year when the House closed down.  I think maybe if we suspended the government for a few days the market could come back.

The market also rallied when the first bill DIDN'T pass.

Offline Duke Nukum

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Re: Dow drops beloiw 10,000!
« Reply #29 on: October 09, 2008, 07:23:05 PM »
The market also rallied when the first bill DIDN'T pass.
Wasn't that the same day as the Jewish New Year?
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Offline Hawkgirl

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Re: Dow drops beloiw 10,000!
« Reply #30 on: October 09, 2008, 07:27:44 PM »
Wasn't that the same day as the Jewish New Year?

I suppose it was....I didn't make the connection.  And today is Yom Kippur and the market tanked.

I think this has nothing to do with the jewish holidays and everything to do with politicians trying to manipulate the market...and dreadfully FAILING.

Offline Duke Nukum

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Re: Dow drops beloiw 10,000!
« Reply #31 on: October 09, 2008, 07:34:18 PM »
I suppose it was....I didn't make the connection.  And today is Yom Kippur and the market tanked.

I think this has nothing to do with the jewish holidays and everything to do with politicians trying to manipulate the market...and dreadfully FAILING.
No, my point was the House closed down for the Jewish New Year and the market went up so we should suspend government as a probably market solution.
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Offline Hawkgirl

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Re: Dow drops beloiw 10,000!
« Reply #32 on: October 09, 2008, 07:39:22 PM »
No, my point was the House closed down for the Jewish New Year and the market went up so we should suspend government as a probably market solution.

I'll drink to that!  :cheersmate:  Keep those fuggers out!

Offline Ptarmigan

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Re: Dow drops beloiw 10,000!
« Reply #33 on: October 09, 2008, 08:51:49 PM »
Looks like the bunnies the stock market, mortgage, and banking crash.
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Offline Wretched Excess

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Re: Dow drops beloiw 10,000!
« Reply #34 on: October 10, 2008, 08:49:41 AM »
the DOW is down 600 at the opening bell this morning.

auto-updated stock ticker:
« Last Edit: October 10, 2008, 08:51:12 AM by Wretched Excess »

Offline Peter3_1

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Re: Dow drops beloiw 10,000!
« Reply #35 on: October 10, 2008, 11:49:48 AM »
Yeah, we have investor lemming behavior in full hysteria right now, indeed, the last week. We Americans do need to do a lot of things differently. We need to get ACTUAL energy independence, qand pretendong a bunch of windmills will do it is MORONIC. We need to retool our heavy industries. That is for the most modern, automated and enviornmentally sound operation as the law of deminishing returns alows. We need to get compact nuclear and mini nuclear power generators adding into the grid, and powering small towns over the next 24 months, and it CAN be done. We need part of that $770 BILLION to be spent on refineries capable of creating diesel, oil and gasoline from methane. Hell, the methane (part of it) can POWER the refinery!

We need the next generation of batteries ASAP so that we can get 4-500 miles out of hybred cars at highway speeds at a SANE cost and a SANE replacement cost/schedule of the batteries.

We need to get oil from WHERE EVER IT ACTUALLY IS! Modern slant and horozontal drilling can concentrate the pumping in a very small area, making the process very sound. We must TOP pretending that people, not the normal climate cycle, is responsible for the majority of climate change. We need to recognise that the best way to  limit polution is by being the BEST and mosr EFFECTIVE and most EFFICIENT manufacturing base in the world. Made it so that no matter how cheap the labor, if you arn't using out 21st Century methods, you won't be competitive!

Do this, and the DJI hits 20,000 as we're working. Do anything else, and we have another 25 year recovery as brought to us by FDR.
« Last Edit: October 10, 2008, 11:58:21 AM by Peter3_1 »

Offline JohnnyReb

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Re: Dow drops beloiw 10,000!
« Reply #36 on: October 10, 2008, 12:17:16 PM »
I got some CD's that ain't paying squat. I've been using them for collateral and ...well, I ain't borrowed any money in awhile. If the DOW dips below 8,000, I'm taking all the low interest ones and buying stock. .....and it looks like I better get busy picking out a few.

Gonna leave a few CD's in there (the higher interest ones) for any material deal (real estate, heavy equipment, farm machinery) that might arise locally.
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Offline Hawkgirl

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Re: Dow drops beloiw 10,000!
« Reply #37 on: October 10, 2008, 01:01:21 PM »
Any ideas on inverse index fund trading?...I'm liking the bear fund at Pro Funds...But if this turns around next week, I'm screwed...but if we're just entering a bear market that lasts 6 months or more, I can make a ton..

Offline Peter3_1

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Re: Dow drops beloiw 10,000!
« Reply #38 on: October 10, 2008, 01:50:01 PM »

Offline debk

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Re: Dow drops beloiw 10,000!
« Reply #39 on: October 10, 2008, 02:02:36 PM »
The way it's going today....it may drop under 8000...it's 8163 right now.  :o
Just hand over the chocolate...back away slowly...far away....and you won't get hurt....

Save the Earth... it's the only planet with chocolate.

"My therapist told me the way to achieve true inner peace is to finish what I start. So far I've finished two bags of M&M's and a chocolate cake. I feel better already." – Dave Barry

A balanced diet is chocolate in both hands.