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Dow opened 3minutes ago - down 140 and dropping

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GreatCaesarsGhost Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-11-08 08:33 AM
Original message
Dow opened 3minutes ago - down 140 and dropping
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HughMoran Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-11-08 08:33 AM
Response to Original message
1. No college for the kids
Oh, well, c'est la vie
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-11-08 08:37 AM
Response to Reply #1
5. Oil up 147
Sabre rattle Bushco!!
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GreatCaesarsGhost Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-11-08 08:34 AM
Response to Original message
2. down 170 at 4 minutes
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Renew Deal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-11-08 08:36 AM
Response to Reply #2
3. WTF?
What happened? Is there news?
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crikkett Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-11-08 08:47 AM
Response to Reply #3
12. Israeli Air Force in massive night drills over Iraq ?
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Renew Deal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-11-08 08:48 AM
Response to Reply #12
13. I don't think that's it.
It looks like it's freddies fannie.
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high density Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-11-08 08:37 AM
Response to Original message
4. You a day trader or something?
Otherwise, who cares? Anybody could go insane watching the minute to minute, day to day, even month to month fluctuations in the stock market. If you have money in stocks then your investment horizon should be 10+ years. Develop an asset allocation (mix of stocks, bonds, and cash) that fits your risks and stick to it whether the market is up or down.
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John Q. Citizen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-11-08 08:40 AM
Response to Original message
6. When Black Friday comes....
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shrike Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-11-08 08:57 AM
Response to Reply #6
16. I'll stand down by the door . . .

And catch the grey men when they
Dive from the fourteenth floor
When Black Friday comes
I'll collect everything I'm owed
And before my friends find out
I'll be on the road
When Black Friday falls you know it's got to be
Don't let it fall on me.

When Black Friday comes
I'll fly down to Muswellbrook
Gonna strike all the big red words
From my little black book
Gonna do just what I please
Gonna wear no socks and shoes
With nothing to do but feed
All the kangaroos
When Black Friday comes I'll be on that hill
You know I will

When Black Friday comes
I'm gonna dig myself a hole
Gonna lay down in it 'til
I satisfy my soul
Gonna let the world pass by me
The Archbishop's gonna sanctify me
And if he don't come across
I'm gonna let it roll
When Black Friday comes
I'm gonna stake my claim
I'll guess I'll change my name

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Sanity Claws Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-11-08 08:41 AM
Response to Original message
7. My guess - it'll go below 11000 today
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TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-11-08 08:41 AM
Response to Original message
8. it's gonna bust 11K today
Edited on Fri Jul-11-08 08:43 AM by TexasObserver
and if real inflation and real dollar devaluation are factored in, the drop of the DOW the past year is huge in real dollars.

They have been propping it up for a year, and even with all that propping up, the market cannot maintain 12K.
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fasttense Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-11-08 08:43 AM
Response to Original message
9. As McCain cheers for another 9/11
I cheer for the falling markets.
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Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-11-08 08:44 AM
Response to Original message
10. But hey..according to McCains economic adviser
Graham.. we are all just whiners.. :crazy:
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lpbk2713 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-11-08 08:46 AM
Response to Original message
11. A lot of folks had better get used to a steady diet of rice and beans.



... if they haven't already. :eyes:




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crikkett Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-11-08 08:51 AM
Response to Reply #11
14. don't knock it -- it'd probably erase all the pounds we slathered on
Edited on Fri Jul-11-08 08:52 AM by crikkett
with a lifetime supply of high-fructose corn syrup.

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paparush Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-11-08 08:54 AM
Response to Reply #14
15. Damn straight.!
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Ichingcarpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-11-08 09:07 AM
Response to Original message
17. Next week will be even tougher according to experts.

The financials industries give their quarterly reports next week.
They are taking a beating today also even without the reports
Freddie and Fannie are dragging the market today with talk of incompetence.
I expect more shoddy Federal giveaways to prop up the financial market next
week in billions and billions of 'loans' which means printing of more money from
the feds.

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HughMoran Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-11-08 09:34 AM
Response to Original message
18. The market is within 200 points of where it was when Stupid took office
Edited on Fri Jul-11-08 09:34 AM by HughMoran
Amazing, utterly amazing how pathetic this fool has been as President.
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lpbk2713 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-11-08 09:43 AM
Response to Reply #18
20. "Took" office is an apt way to put it.



He couldn't have done it without the help of Katherine Harris and the
Supremes, conspiring against the Constitution and the American people.








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HughMoran Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-11-08 09:48 AM
Response to Reply #20
21. OMG, you posted a pic of the evil witch from the South
Yikes! :puke:
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IDemo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-11-08 09:42 AM
Response to Original message
19. -198
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