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Dow drops below 6800
MSN Money ^ | 3/2/2009 | DJIA

Posted on 03/02/2009 12:06:34 PM PST by Beelzebubba

6,796.99 Down -265.94 -3.77%

(Excerpt) Read more at moneycentral.msn.com ...


TOPICS: Breaking News; Business/Economy
KEYWORDS: 0bama; 111th; bho2009; bho44; bhodjia; bhoeconomy; congress; congressmorons; democratcongress; democrateconomy; democrats; hightaxes; morewelfare; obama; obamanomics; socialism; sorocrats; soros; wallstreet
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1 posted on 03/02/2009 12:06:34 PM PST by Beelzebubba
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To: Beelzebubba

6,793.96


2 posted on 03/02/2009 12:07:37 PM PST by Beelzebubba
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To: Beelzebubba

Hey, 0—how’s that “tax the people who produce” thing working out?


3 posted on 03/02/2009 12:08:16 PM PST by freeangel ( (free speech is only good until someone else doesn't like what you say))
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To: Beelzebubba

ahhhh reminds me of a song by tom petty....free fallin....


4 posted on 03/02/2009 12:09:26 PM PST by tatsinfla
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To: Beelzebubba

It’s time for all of us to dig deep, and tax the rich. Only they’re coming up with some pretty significant losses this year...

What’s the next plan from The One?


5 posted on 03/02/2009 12:09:37 PM PST by kingu (Party for rent - conservative opinions not required.)
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To: Beelzebubba
I know, I'm watching this with the acid boiling in my stomach.

Hate to sound tinny, but this is looking more like TEOTWAWKI every day.

6 posted on 03/02/2009 12:10:15 PM PST by Zeddicus
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To: kingu

Gotta get in the game...gotta be patriotic...


7 posted on 03/02/2009 12:10:21 PM PST by perfect_rovian_storm
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To: Beelzebubba

8 posted on 03/02/2009 12:10:36 PM PST by Red Badger (The Zero has more Chicago Bull than Michael Jordan...................)
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To: Beelzebubba

Next Stop — 6000


9 posted on 03/02/2009 12:10:50 PM PST by CurlyDave
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To: Beelzebubba

Biden said they will be tested by a man made disaster and Obama’s response “won’t seem right initially and it will be important to stick with him through it all.”

I think this is it...


10 posted on 03/02/2009 12:11:39 PM PST by jessduntno (Barack - Kenyan for "high winds, dark clouds, big thunder, no rain.")
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To: Zeddicus

Which Hawaiian island is that?............Near Komoniwanalaya?..........


11 posted on 03/02/2009 12:11:40 PM PST by Red Badger (The Zero has more Chicago Bull than Michael Jordan...................)
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To: Beelzebubba

Anyone know what the DOW was when the Democrats took back the House and Senate?

Anyone know what the DOW was when the GOP took back the house and Senate in 94?


12 posted on 03/02/2009 12:11:43 PM PST by icwhatudo
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To: Beelzebubba

I’m buying at 4500 (next week)


13 posted on 03/02/2009 12:11:43 PM PST by grandpa jones (L.O.M.A. (loyal opposition my azz))
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To: kingu

Five things.

1. Bible
2. Garden
3. Craigslist
4. Garage Sales
5. Guns and lots of ammo


14 posted on 03/02/2009 12:11:45 PM PST by RobRoy
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To: Beelzebubba

Das Kapitulation?


15 posted on 03/02/2009 12:11:53 PM PST by Nervous Tick (Party? I don't have one anymore.)
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To: Beelzebubba

I hate to don the tinfoil, but I wonder if this is intentional...and somebody isn’t going to make a LOT of money off of this, on the way down and also on the way back up whenever that happens.

Soros, perhaps?


16 posted on 03/02/2009 12:12:13 PM PST by RockinRight (How do you like your Savior now, libs? Looks like Jimmy Carter is no longer the worst President...)
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To: Beelzebubba

Maybe zero can make another speech and rip another 250 points out of the DOW by the end of the day. He certainly will by the end of the week.

Didn’t Stalin say something about squeezing people between poverty and taxes to implement a socialist state? Definitely zero’s plan, and it’s working...


17 posted on 03/02/2009 12:12:15 PM PST by piytar (Obama = Mugabe wannabe. Wake up America.)
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To: jessduntno

Biden said they will be tested by a man made disaster and Obama’s response “won’t seem right initially and it will be important to stick with him through it all.”

Of course, he didn’t tell us they were the men who would make the diaster...


18 posted on 03/02/2009 12:12:36 PM PST by jessduntno (Barack - Kenyan for "high winds, dark clouds, big thunder, no rain.")
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To: Beelzebubba
OBAMANOMICS BABY!!!

The market really has gained confidence from "Dear Leader's" spend with a front loader policies. He should be really popular when the dollar is toilet paper!

19 posted on 03/02/2009 12:12:55 PM PST by Anti-Bubba182
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To: perfect_rovian_storm


20 posted on 03/02/2009 12:13:12 PM PST by Diogenesis (Quis custodiet ipsos custodes?)
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To: Beelzebubba

S&P 500:
706.18 Down -28.91 -3.93%
Open: 729.57 High: 729.57 Low: 703.64

700 barrier is BIG for this one, from what i have read.


21 posted on 03/02/2009 12:13:46 PM PST by Beelzebubba
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To: jessduntno

>> I think this is it...

I seriously don’t know whether to laugh or worry. Seriously!

Biden takes on-stage polical buffoonery to such a new level, he’s just that unpredictable!


22 posted on 03/02/2009 12:13:49 PM PST by Nervous Tick (Party? I don't have one anymore.)
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To: Anti-Bubba182

“He should be really popular when the dollar is toilet paper!”

THAT is whn I want his face on the dollar...


23 posted on 03/02/2009 12:13:55 PM PST by jessduntno (Barack - Kenyan for "high winds, dark clouds, big thunder, no rain.")
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To: Beelzebubba

Obama and ConGre$$ hit the ground running .. and the market flees in response


24 posted on 03/02/2009 12:14:08 PM PST by NormsRevenge (Semper Fi ... Godspeed.)
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To: CurlyDave

“....Next Stop — 6000....”

Who said anything about “stopping”?


25 posted on 03/02/2009 12:14:13 PM PST by mikelets456
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To: Beelzebubba
Obamanation!

26 posted on 03/02/2009 12:14:25 PM PST by evets (beer)
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To: Beelzebubba

>>700 barrier is BIG for this one, from what i have read.<<

740 was big.


27 posted on 03/02/2009 12:14:50 PM PST by RobRoy
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To: Beelzebubba
How far has the Dow fallen since 0bama was elected - 2000+ points? and how many more people out of work?

This make sit the 0bama depression - No blaming Bush! This is how socialism works.

28 posted on 03/02/2009 12:15:29 PM PST by The Sons of Liberty (FUBO Kenyan Usurper - "Let his days be few, and let another take his office." Psalm 109:8)
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To: Nervous Tick

“I seriously don’t know whether to laugh or worry. Seriously! Biden takes on-stage polical buffoonery to such a new level, he’s just that unpredictable!”

I scared...the only thing worse than this knucle dragging, mouth breathing idiot a heartbeat away is the fact that the heartbeat belongs to the Kenyan...


29 posted on 03/02/2009 12:15:31 PM PST by jessduntno (Barack - Kenyan for "high winds, dark clouds, big thunder, no rain.")
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To: kingu

Obama’s going to look like Ossie Davis by the time his ‘term’ is over.


30 posted on 03/02/2009 12:15:48 PM PST by mothball
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To: Beelzebubba

Never let a crisis go to waste.


31 posted on 03/02/2009 12:15:50 PM PST by ex91B10
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To: Zeddicus
Hate to sound tinny, but this is looking more like TEOTWAWKI every day.

Yup.

32 posted on 03/02/2009 12:15:53 PM PST by NeoCaveman (hey who ordered the trillion dollar crap sandwich? FUBO. Ugly and incendiary entertainer fan.)
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To: Zeddicus
I know, I'm watching this with the acid boiling in my stomach.

No kidding, OTC digestive upset remedies are one of the few consumer retail items selling well.

I haven't been long stocks for many years, but still feel the pangs in my gut. Must be conditioning.

33 posted on 03/02/2009 12:15:53 PM PST by steve86 (Acerbic by nature, not nurture)
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To: RockinRight

somebody isn’t going to make a LOT of money off of this, on the way down and also on the way back up whenever that happens.

Soros, perhaps?

I wouldn’t ‘hedge’ my bet on that one.


34 posted on 03/02/2009 12:16:07 PM PST by NormsRevenge (Semper Fi ... Godspeed.)
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To: mikelets456

>>“....Next Stop — 6000....”

Who said anything about “stopping”?<<

I think he meant, next REST stop...

Meanwhile, the market seems to be feeling around in the dark for a bottom for the day and can’t find it.


35 posted on 03/02/2009 12:16:24 PM PST by RobRoy
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To: perfect_rovian_storm

“gotta be patriotic”

Does that mean you’re doing your taxes today?


36 posted on 03/02/2009 12:16:24 PM PST by Red in Blue PA (If guns cause crime, then all of mine are defective.)
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To: Beelzebubba

It must suck to be a buy-and-hold investor ...


37 posted on 03/02/2009 12:16:29 PM PST by 11th_VA
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To: RobRoy

6. Cash, pref. coins. Junk silver.


38 posted on 03/02/2009 12:16:41 PM PST by redhead (Don't look at ME! I voted for SARAH!)
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To: Beelzebubba

How about printing money? It worked for Zimbabwe and Russia.


39 posted on 03/02/2009 12:16:54 PM PST by mainestategop (MAINE: The way communism should be)
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To: steve86

“I haven’t been long stocks for many years, but still feel the pangs in my gut. Must be conditioning.”

And intelligence...needless to say the Dems aren’t worried...


40 posted on 03/02/2009 12:16:55 PM PST by jessduntno (Barack - Kenyan for "high winds, dark clouds, big thunder, no rain.")
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To: Beelzebubba
From now on, every time I see one of these "Dow drops X" threads, I'm gonna post how much Treasury prices have increased (ie yields have dropped). Why everyone cheers the dropping Dow as if it's some indictment of Hussein is beyond me. It just shows how much smarter their team is than the pathetic roster of conservatives.

GET A CLUE PEOPLE! I've said it countless times: DC is going to show NYC hedge funds & SV venture funds how it's really done. They're gonna get a 10-20x banger with $trillions of free credit deployed.

You have to hand it to them, it really is a master stroke. Instead of the normally messy activities associated with nationalization/confiscation, like shooting people, gulags, etc, they're simply going to acquire the means of production by purchasing them!

The rest of the country likes socialism! Jeez, how long will people continue to deny this fact? He’s got a 65%+ approval rating - they want .gov to buy up the means of production (with your money by the way) so as to control income (jobs) and wealth.

Btw, Denninger is the saddest creature of all. He was convinced Hussein was a reform candidate who would come in and prosecute corruption. Little did he know that Hussein tailored his H&C message perfectly in order to get into position so as to leverage a pre-existing corrupt government to further his communist agenda.

41 posted on 03/02/2009 12:17:33 PM PST by semantic
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To: Diogenesis

What’s the animated gif of folks jumping in a hole?


42 posted on 03/02/2009 12:17:48 PM PST by ArrogantBustard (Western Civilization is Aborting, Buggering, and Contracepting itself out of existence.)
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To: RobRoy; redhead

7. Toilet paper


43 posted on 03/02/2009 12:18:09 PM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Anti-Bubba182

Someone needs to photoshop a frontloader into that silly O of his.


44 posted on 03/02/2009 12:18:15 PM PST by Red in Blue PA (If guns cause crime, then all of mine are defective.)
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To: Beelzebubba
How low can it go????

EVERYBODY LIMBO!

45 posted on 03/02/2009 12:18:16 PM PST by RasterMaster (DUmocrats - the party of slavery, sedition, subversion, socialism & surrender)
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To: mainestategop

About time for Snowe to melt away up there, ain’t it?


46 posted on 03/02/2009 12:18:31 PM PST by jessduntno (Barack - Kenyan for "high winds, dark clouds, big thunder, no rain.")
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To: Nervous Tick

I have compared the collapse of the last decade to jumping out of a plane at 10,000 feet. The ground doesn’t seem to be coming up at all at first. By 4,000 you can see it coming up. The last 500 feet can be rather rapid.

I think we are in the last 100 feet. March could be the “end”. I was wondering yesterday if it was possible that today could be the “day”.

Just watching with interest...


47 posted on 03/02/2009 12:18:48 PM PST by RobRoy
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To: jessduntno

>> I scared...the only thing worse than this knucle dragging, mouth breathing idiot a heartbeat away is the fact that the heartbeat belongs to the Kenyan...

Yeah, lucky for us, if they both fall out, then we get Pelosi. Then who? Hillary and Sheets Byrd? That Dimocrap bench sure is deeeeep!


48 posted on 03/02/2009 12:19:32 PM PST by Nervous Tick (Party? I don't have one anymore.)
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To: evets
Save that pic. Those few places with a Route 666 are thinking about changing the number not because of what it means but because the signs keep getting stolen.
49 posted on 03/02/2009 12:19:32 PM PST by Hillarys Gate Cult (The man who said "there's no such thing as a stupid question" has never talked to Helen Thomas.)
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To: RobRoy

You know I bet most freepers havent read Obama’s book, but I flipped through it and he starts out by telling a story of how he ended up starnded at LAX and his credit cards were declined and he had no cash or anything.

And this is the guy in charge of the economy???


50 posted on 03/02/2009 12:19:38 PM PST by jeltz25
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