Dow Below 8,000!!!

Vanity | 1/20/09 | Vanity

[Golddigger3]

Momentum?!

[reagan_fanatic]

[ZX12R]

LOL! You are so funny!

[tatsinfla]

dow down 300 @ 345 and oil is up...change is on its way folks....

[GOPJ]

Some are saying it’ll go to 5500 - I’ll bet the turn around happens in the 6000+ range.

[Allegra]

Man that is sweeeeettt saying that!

Isn't it fun? I have a feeling we're going to be using that one a lot. But it won't ever get old. :)

[Camel Joe]

You can change it or wait, the headline will be correct before long...

[jrp]

“Buy when there’s blood in the streets”. Question is, has enough blood been spilled or is there a major artery still to burst? Who knows? I haven’t sold a thing and am DCA’ing to the tune of $1000/month into a total market index.

[Dawn531]

Interesting article about the Dow and Inauguration Day

http://blogs.wsj.com/marketbeat/2009/01/20/inauguration-day-a-good-day-for-selling-shares/

Although it’s not usually a great day, Obama beats the record for selloffs by about 1.5%, so far.

[reagan_fanatic]

Thanks!

BTW, I checked out your FReeper page - that is one sweet bike! I used to ride, but gave it up under extreme pressure from the Better Half :(

[Lloyd227]

Thanks for the post, just bought up 2 stocks at very good bargains :-)

[Camel Joe]

My family wanted food AND electricity... Had to sell the scooter :(

[ZX12R]

BTW, I checked out your FReeper page - that is one sweet bike! I used to ride, but gave it up under extreme pressure from the Better Half :(

I understand. My wife bought me that one for our 20th anniversary. Hmmmm...

[Camel Joe]

Obama lied and my 401K died!

[Centurion2000]

Obama lied and my 401K died!

NICE !!!

[longtermmemmory]

politicians are in a panic with oil prices too low.

This am it was in the 34 range.

anyone know what oil is trading now?

[rollo tomasi]

Ok, I will go further, Nixon's expansion of Medicare which helped explode the cost of health care over the years, Nixon's creation of the EPA, OSHA ect.., LBJ's Great Society programs still in existence today, ditto with the New Deal and that pesky 16th Amendment under Wilson's watch (But sponsored by Republicans as well). The beast is growing to uncontrollable levels and is creeping up so much that it could effect the market permanently if all the demands government needs to operate chokes growth to death.

All that “good deed” stuff of the beast is catching up to us in a rapid pace (When viewing past civilizations on how they rise and fall), will be interesting times indeed for the next several years.

[Centurion2000]

7944 and dropping at the last check.

[glock_fan]

Thanks to the idiots that voted for 0, it’s actually down 1600+ points since election day.

[longtermmemmory]

this is about manipulating us into being “outside our comfort zone” in order to declare marshal law over ecconomic issues.

just wait for the Pelosi house un-ecconmic committee hearings: “are you now or have your ever been a practicing capitalist...”

[lonevoice]

DOW closes the day at 7948. This is the change we better get used to.