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Dow Hits Intraday Low 9,803.74 for Year(off 75 now..to 9791)

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RedEarth Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-04 01:49 PM
Original message
Dow Hits Intraday Low 9,803.74 for Year(off 75 now..to 9791)
NEW YORK (Reuters) - The Dow Jones industrial average fell to an intraday low for the year on Friday as oil prices surged to another record and Microsoft Corp. (Nasdaq:MSFT - news) dragged on stocks after the software maker's revenue forecast lagged analysts' expectations.

The blue-chip Dow (^DJI - news) was down 62.02 points, or 0.63 percent, at 9,803.74 after falling to 9,783.77, its lowest intraday point this year. The last time it was lower was on Aug

http://story.news.yahoo.com/news?tmpl=story&cid=568&ncid=749&e=1&u=/nm/20041022/bs_nm/markets_stocks_dc
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kostya Donating Member (769 posts) Send PM | Profile | Ignore Fri Oct-22-04 01:51 PM
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1. You've got to hand it to Kerry
for being willing (nay, eager!) to take on the messes that BushCo has created in just 3 short years. It's an incredible challenge and one that will likely be thankless until we take back the Congress. The guy has guts!! - K

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ochazuke Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-04 01:53 PM
Response to Original message
2. Bad for Bush
I believe that no incumbent president has won re-election when the Dow Industrials were down in the month of October.

We would need a huge rally next week just to get back to where we were on September 30th.
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Rex_Goodheart Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-04 01:54 PM
Response to Original message
3. I'd love to say this is all Bush's fault...
but I can't.

He doesn't help the market by sucking all hope from the middle class, but there are forces in this world far beyond the reach of Bush and Kerry.

Overpopulation is killing this world. You're beginning to feel the first big symptoms.

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HereSince1628 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-04 03:03 PM
Response to Reply #3
5. Please connect the dots...
What you assert might be true but a cause and effect relationship between population and an annual low in a sector of the market is not clear.

Please take us through the links between global overpopulation and the specifics of these annual lows.
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AIJ Alom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-04 02:01 PM
Response to Original message
4. Dow is down 100 points !!! HOLY !!!
Now at 9767 !!! CRAP !!!

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