Posted on 03/03/2009 8:27:28 AM PST by SonOfDarkSkies
Stocks erased an early morning rebound to turn lower in recent trading, as market veterans saw little to sustain the early burst of buying.
The Dow Jones Industrial Average, which slid nearly 300 points in the previous session, was recently down 27 points. General Electric fell 8% to under $7 as investors worried that the conglomerate could lose its AAA credit rating. Home Depot dropped 5%.
The S&P 500 slipped under the 700 mark, falling 0.9% to about 694 as its financial sector slid 3%. The Nasdaq Composite Index fell 0.5%.
(Excerpt) Read more at online.wsj.com ...
Did the Ears the Marxist Quisling speak again today?
Zero’s plan is working. Wipe out all wealth and private companies
BushObamaics!
no, Bernanke is
I saw it was up about 3.7 points about 10 minutes ago....my retirement age moved up to 127 yrs old for a brief moment, now it’s back to 128....
Obama is warming up for this week’s Wednesday (White) House party at our expense.
http://www.google.com/hostednews/ap/article/ALeqM5hjPujfKghPXUPK3LKaH2P0gDV3cQD96M06J02
I think our dead cat has no bounce left in it.
I think it’s deliberate, too.
FUBO’s fault.
You must still be in your 30's.....;-)
His quisling at Treasury spoke...
yes he did in fact and that is when i noticed the numbers started falling....
Dead cat...
..... continuing the Obama trend.
“......You must still be in your 30’s.....;-) ....”
Physically I was...However, after viewing my portfolio I am now in my late 90’s...sorry, have to take my meds, take a nap and try and figure out who I am....
I am now out of the market alltogether.
Based on absolutely nothing but a whim, I predict the market will bottom at 4000. Now, based on what I’ve observed, no one in the 0 administration has the sense to do what the market needs, and the same goes for the leadership in Congress, but they all know exactly what to do to keep the market plunging, and they will continue to do what they know, because they think they are right.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.