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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
Renew Deal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-04 03:37 PM
Original message
Dow closes below 9900.
Edited on Thu Oct-14-04 03:38 PM by Bleachers7
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chelsea0011 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-04 03:42 PM
Response to Original message
1. How's my private Social Security Money Market Fund doing?
There's an idea that's doomed for failure. How many trillion bailout for seniors when the money isn't there for a whole wealth of reasons?
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gardenista Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-04 04:20 PM
Response to Reply #1
9. Sorry, looks like you'll be working in the WalMart 'til your're 97.
But look on the bright side. Greeting customers is good for your smile muscles!
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Wickerman Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-04 03:43 PM
Response to Original message
2. So, are we in a triple-dip or is it only a double-dip super extended
recession?
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Renew Deal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-04 03:44 PM
Response to Reply #2
3. I don't think we have negative growth.
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Wickerman Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-04 04:15 PM
Response to Reply #3
8. Nah, I know we aren't in a technical recession
just a world of shit.
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-04 03:45 PM
Response to Original message
4. OMG
They all dropped about 1%.

BTW, didja know Mary Cheney is a lesbian???
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NewYorkerfromMass Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-04 03:45 PM
Response to Original message
5. They know Kerry's coming after their 200K (among other things)
Kerry's coming and they know it. Party's over.
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Goldmund Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-04 03:51 PM
Response to Original message
6. in 24 out of the last 26 elections,
the Dow movement over the 2 months before an election correctly predicted the outcome. If it fell, the incumbent party lost.

The exceptions were 1956 and 1968.
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louis-t Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-04 03:55 PM
Response to Reply #6
7. Let's hope this year is
NO EXCEPTION!
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HFishbine Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-04 04:30 PM
Response to Original message
10. And it's probably going lower in the near term.
http://clearstation.etrade.com/cgi-bin/intra?tic=3-month&cs=&ci=None&Symbol1=_indu&i1=DMI&i2=MACD&i3=MACDHist&i4=Stochastic&e1=12&e2=26&e3=50&olay=ParaSAR15&gs=Huge>yp=Default&gr=1&Refer=http%3A%2F%2Fclearstation.etrade.com%2F

May rebound a little in the days before the elction, but too little, too late. Safe to say the DOW will be down about 5% to 8% on election day from where it was when Bush took office -- you know, before the Clinton recession.
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spooky3 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-14-04 04:34 PM
Response to Original message
11. The stock market normally goes up 8% a year. Anyone know how
Edited on Thu Oct-14-04 04:35 PM by spooky3
it compares to January 2000? I think it's actually lower but need a factcheck.

on edit--that 8% is a long term average
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