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Stocks Plunge Again; Dow Drops 250
AP Via Yahoo ^
| 08/16/2007
| Joe Bel Bruno
Posted on 08/16/2007 9:33:58 AM PDT by zencat
click here to read article
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1
posted on
08/16/2007 9:33:59 AM PDT
by
zencat
To: zencat
The market goes up.. then down.. then up again... relax.
2
posted on
08/16/2007 9:38:36 AM PDT
by
divine_moment_of_facts
(So, I put on some tangerine lip gloss and answered the door.. I was one lucky woman.)
To: zencat
This is getting scary. When is the Fed going to do something to inspire more confidence beyond its cash injections?
To: divine_moment_of_facts
Down 250? No big deal. It’s down only 234 now. A mere flesh wound.
4
posted on
08/16/2007 9:40:28 AM PDT
by
RightWhale
(It's Brecht's donkey, not mine)
To: zencat
Is 250 points really a “plunge” anymore?
It’s like less than 2%.
5
posted on
08/16/2007 9:40:43 AM PDT
by
El Sordo
To: zencat
14,000-10% correction=12,600
seems about time to buy??
6
posted on
08/16/2007 9:41:29 AM PDT
by
RckyRaCoCo
(sing after me......de-por-ta-tion cha-cha-cha)
To: zencat
Damn...
So are the Feds going to wait for everything to implode before they lower interest rates?
They should have done that months ago.
7
posted on
08/16/2007 9:41:47 AM PDT
by
dragnet2
To: divine_moment_of_facts
I’m hiding under the bed.
8
posted on
08/16/2007 9:42:21 AM PDT
by
zencat
(The universe is not what it appears, nor is it something else.)
To: zencat
Correct interpretation:
Stocks on sale now! Buy while the deals last!
9
posted on
08/16/2007 9:42:55 AM PDT
by
TChris
(The Republican Party is merely the Democrat Party's "away" jersey - Vox Day)
To: dragnet2
They arent going to lower rates....someone was just quoted as saying this.
To: zencat
11
posted on
08/16/2007 9:44:26 AM PDT
by
divine_moment_of_facts
(So, I put on some tangerine lip gloss and answered the door.. I was one lucky woman.)
To: zencat
Having the Government involved involved should make everyone “feel” better. /s
12
posted on
08/16/2007 9:44:27 AM PDT
by
PEACE ENFORCER
(One needs to have the capability of using Deadly Force at ANY moment.......:))
To: BurbankKarl
CNN Money just moved their chart grid to accomodate the falling graph. The 10% correction is done now, we can stop selling. Okay?
13
posted on
08/16/2007 9:45:18 AM PDT
by
RightWhale
(It's Brecht's donkey, not mine)
To: BurbankKarl
Relax - we can’t have a real impending economic crisis until just before the elections or so. See GHWB.
To: El Sordo
It’s like less than 2%. But from a high of around 14,000 to 12,600, isn't that like about 9%?
15
posted on
08/16/2007 9:45:55 AM PDT
by
HarleyD
To: TChris
Stocks on sale now! Buy while the deals last!
I pretty much agree, but I think there's still some significant downside to this market. I'd give it 4-6 weeks before I'd want to get in.
16
posted on
08/16/2007 9:46:04 AM PDT
by
zencat
(The universe is not what it appears, nor is it something else.)
To: BurbankKarl
They arent going to lower rates....someone was just quoted as saying this. Well then, they might as well just throw a match on it and raise them.
LOL!
17
posted on
08/16/2007 9:46:26 AM PDT
by
dragnet2
To: RckyRaCoCo
Down 300 now . . . hope you waited to put in that buy order!
18
posted on
08/16/2007 9:46:29 AM PDT
by
Greg F
(The Congress voted and it didn't count and . . . then . . . it didn't happen at all.)
To: RckyRaCoCo
It’s about a 50% retracement from the runup from 11,000 to 14,000. That is typically what the technicians look for. It may go a bit lower than that, depending on how the psychology of the markets goes. But if you're a believer in the buy-the-dips strategery, it might mark a possible entry point.
19
posted on
08/16/2007 9:46:43 AM PDT
by
chimera
To: Greg F
Down 300 now . . . hope you waited to put in that buy order! Whooa...
20
posted on
08/16/2007 9:50:31 AM PDT
by
dragnet2
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