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Open Thread: Dow Below 10,000?

Posted on 05/21/2010 7:04:29 AM PDT by C19fan

Dow opened below 10,000 but recovered to around 10,070. Should be nice ride today.


TOPICS: Business/Economy
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1 posted on 05/21/2010 7:04:29 AM PDT by C19fan
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To: C19fan

More of Obama’s “Trickle On Economics”.


2 posted on 05/21/2010 7:05:35 AM PDT by csmusaret (Remember, half the people in this country are below average)
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To: C19fan

It’s great how bobama has the economy humming again! Great work barry!


3 posted on 05/21/2010 7:08:05 AM PDT by subterfuge (BUILD MORE NUCLEAR POWER PLANTS NOW!!!)
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To: C19fan
Bargain hunters are out and about.

4 posted on 05/21/2010 7:08:15 AM PDT by Genoa (Luke 12:2)
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To: C19fan

I’m looking at the bright side. Constant pain on all fronts will remind “moderate” Dems and independents what Democrat rule will bring.


5 posted on 05/21/2010 7:08:33 AM PDT by brownsfan (The average American: Uninformed, and unconcerned.)
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To: C19fan

Huge volume: 184.99M/200.42M as of 10 AM eastern.


6 posted on 05/21/2010 7:09:04 AM PDT by Errant
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To: C19fan
I would bet that the demorats have no idea what Economics is.
7 posted on 05/21/2010 7:09:55 AM PDT by mountainlion (concerned conservative.)
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To: C19fan

... the dow just turned positive ... up 2 pts.
When I saw it was down on the opening, I just started singing the saddest song I could think of and sang it over and over ... and guess what the market turned around ...
so much for my degree in economics.
and no I won’t tell anyone what the song is ... it’s my secret.


8 posted on 05/21/2010 7:10:45 AM PDT by nightmarewhileawake
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To: C19fan

Plunge Protection Team up and at ‘em this morning.


9 posted on 05/21/2010 7:10:48 AM PDT by SpinnerWebb (In 2012 you will awaken from your HOPEnosis and have no recollection of this... "Constitution")
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To: Genoa

Bargain hunters or vultures?..............


10 posted on 05/21/2010 7:13:06 AM PDT by Red Badger (When you see Jerusalem being surrounded by armies, you'll know that its desolation is NEAR. Luke 21)
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To: nightmarewhileawake
It will be a strange day...factor in the 3rd Friday effect too.
11 posted on 05/21/2010 7:13:09 AM PDT by 3D-JOY
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To: C19fan

The Dow has been struggling around the 10,000 mark for a long time and it will probably go lower before it goes higher. What do you think?


12 posted on 05/21/2010 7:13:23 AM PDT by valkyry1
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To: subterfuge

“It’s great how bobama has the economy humming again! Great work barry!”

It’s funny how the State Controlled Media was pushing how great the economy was doing. How the recession was over, and that jobs were only lagging the economy. The future was bright! The Obama admin and the SCM actually believes you can get out of a recession with positive thoughts, just as Carter did, remember being chaistized for the consumer “malaise”?!

Freakin’ morons.

Now what do you hear from the SCM? Nothing on the economy. Mostly it’s attacks on Rand Paul.

I’m ready for the split. And when it’s time to go to the Red States of America, I’m ready to move. These liberal idiots are beyond reason, and are evil in their lies and subversion.


13 posted on 05/21/2010 7:13:34 AM PDT by brownsfan (The average American: Uninformed, and unconcerned.)
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To: nightmarewhileawake
I just started singing the saddest song I could think of and sang it over and over ...

Which was?..............

14 posted on 05/21/2010 7:14:01 AM PDT by Red Badger (When you see Jerusalem being surrounded by armies, you'll know that its desolation is NEAR. Luke 21)
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To: Red Badger

Now all that’s needed is some action on the Korean peninsula, Hezebellah rockets into Israel and
a small fleet of Iranian gunboats heading for an oil tanker.


15 posted on 05/21/2010 7:16:24 AM PDT by bsf2009
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To: Red Badger

Vultures? Anyone willing to risk his capital in the hopes of grabbing a bargain is a vulture?


16 posted on 05/21/2010 7:16:31 AM PDT by wtc911 ("How you gonna get down that hill?")
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To: Red Badger
I got plenty o nuttin'
and nuttin's plenty for me...
17 posted on 05/21/2010 7:16:58 AM PDT by gov_bean_ counter (Obie Wan Nairobi from the 1/2 dark side. The farce with this one strong, it is...)
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To: Genoa

>>Bargain hunters are out and about.<<

Reminds me of what real estate salespeople were saying the summer after the first drop in home prices. “They’re a steal! Get ‘em before the price goes up again!”

Sometimes today’s bargain is tomorrow’s ripoff.


18 posted on 05/21/2010 7:17:13 AM PDT by RobRoy (The US Today: Revelation 18:4)
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To: C19fan

Oh yeah ... 3rd Friday effect ... triple witching ...
Positive note though since the market has been down so much maybe a bunch of “naked Puts” will be exercised and forced to buy the underlying stocks ... and that will drive the market volume up and the dow respectfully.
... I’m still singing that terrible sad song, why not ... it’s working I guess.


19 posted on 05/21/2010 7:18:26 AM PDT by nightmarewhileawake
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To: C19fan
Wednesday will be the big crash

We've had a Black Monday, a Black Tuesday, a Black Thursday and a Black Friday, but there's never been a Black Wednesday.

So one is due

20 posted on 05/21/2010 7:18:41 AM PDT by qam1 (There's been a huge party. All plates and the bottles are empty, all that's left is the bill to pay)
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