DOW Falls Below 10,000(Down over 300 Points)

DJIA ^ | 10-6-08

[icwhatudo]

DJIA just prior to House defeat of bailout: 10843

DJIA close the day after House defeat of bailout: 10850

DJIA just prior to Senate approval of bailout: 10831

DJIA close the day after Senate approval of bailout: 10482

DJIA just prior to House approval of bailout: 10679

DJIA close the day after House approval of bailout:??? 9999 and dropping

[thecabal]

the conservative wing of the party is even more ignorant about finance then the democrat counterparts

So does that make you a member of the socialist wing, along with GW?

[screaminsunshine]

And the Blue helmets

[ErnBatavia]

I just checked the Kitco stats...nothing significant, if I’m reading the chart correctly.

[WV Mountain Mama]

Brazil may have set the record today. It tripped the breaker in 18 minutes.

[Leisler]

Maybe they can repatriate all those prostitutes and mafia guys and...um...ah.......

[AU72]

Go the fidelity.com. I hit the refresh button every 5 seconds the DJII market jumps 30 each way.

[Woodman]

Treasury Bond prices are being bid up as investors look for a safe haven in US Teasuries. This causes the yeild to drop.

[spectre]

"When the “investor class” sees that years worth of gains are gone when they get their 401k quarterly statements, they will vote for “change”."

I'm among those who have taken a lethal hit in retirement 401K..plus other investments.

It hurts like hell..

But the ones who don't have any retirement funds set aside aren't the people who will vote for "change".

It's those people who didn't put money aside & live for and look forward to their social security and entitlements after retirement who THINK this doesn't affect them.

Are they ever in for a big surprise!

sw

[RSmithOpt]

Re #33: Pretty much sums up reality for The Left and the reason(s) they have no real spine when things are bad....and, they never see the necessities for war. Most always the US fights a war to stop a communist, Marxist, socialist, or dictatorial brutal regime.

Any good soldier will tell you that if we must fight, let it be the last resort, get the job done quickly and come home.

[Soul Seeker]

yep. That bailout sure did wonders.

hey, where are all the people on here screaming about their 401ks taking a dive if we didn’t pass it?

[ravingnutter]

You clearly posted:

That “looney” had it it nailed perfectly last year

...so don't gripe at me. Sorry, but I don't follow that nutcase's rantings enough to know what he did in 2003.

[RSmithOpt]

I was calling 8800 as the bottom to hopefully inch back up to 9600 by the end of 2 Qtr, 2009. The panic is on.

The hedge funds are too causing a serious tumble as they are now in reverse.

[twigs]

I would love to have your 5.5% rate! We close the 24th, if all goes well. We’re having some inspection issues. After Oct. 10, we can lock in at a lower rate, so I’m hoping that the rate goes down!

[ErnBatavia]

I was replying to a post about gold supposedly going through the roof...it appears not.

[tioga]

hey MM, see what obama’s solution caused? yep, that man is the “change” we were looking for...........NOT!

[Redcloak]

Oh, oh... The bail out is gonna need a bail out at this rate.

[RSmithOpt]

I’ll see your $700 billion and raise you another $1.5 trillion.

[NeoCaveman]

I’ll see your $700 billion and raise you another $1.5 trillion.

The phrase "pushing a string" comes to mind.

Make it 3 trillion, it won't matter.

[pissant]

Well, at least the guys working the printing presses for the treasury are getting some serious overtime pay.

[Cold Heat]

Hey look! Another Conservative dork who has taken a once vibrant political party, beat It senseless, destroyed it from within to the point that it now needs to be put out of it's misery, taken out to the woodshed, shot and buried in the back forty with no marker.