D*mn again........the DOW is tumbling.......

[a kennedy]

but I know, don't watch.....http://stocks.usatoday.com/custom/usatoday-com/html-quote.asp?symb=spx http://stocks.usatoday.com/custom/usatoday-com/html-quote.asp?symb=djia edit to add DJIA

[aquart]

1. What spooked 'em this time?

[Gman]

2. My guess is the foreclosure thing

and all that that implies.

[nadinbrzezinski]

3. China tech troubles actually

Went ton yahoo.

[a kennedy]

4. China something.....not sure just heard a snippet about why....

http://www.usatoday.com/money/world/2010-10-19-world-bank-east-asia-outlook_N.htm this possibly???

[DJ13]

7. China raised interest rates

[zeemike]

16. No one spooked them

the big players decided to cash in.....and when it goes down enough they will buy it back....in the meantime the suckers will lose.

[defendandprotect]

35. Agree .... looked like profit taking the first day -- game-playing by elites 80% of market ....

No one can make money from a sure thing -- certainty in the market --

Big money can only be made via Up's and Down's -- uncertainty --

[TonyMontana]

5. LOL. "Tumbling"

It's called profit taking.

The DOW was 1000 points below current levels at the start of September. It was 4500 points below current levels in March of 2009.

[JoePhilly]

20. I'm with you ... "tumbling" .... it is to LAUGH!!!

This summer, when the DOW dipped under 10000, about half of DU flipped out ... the second great Depression was about to start.

So now, the DOW hits, 11,150 or so, and then pulls back ... some profits are taken ....

And again ... OH NOOOOoooooooo!!!!

Geeeze.

[SoCalDem]

6. but but but but Apple had a 70% profit increase

and didn't we all have a 70% pay raise too:) :rofl:


It's all a big scam..

[a kennedy]

8. I know, just hate to see it......

[cbdo2007]

26. If there's any stock to jump into today it's AAPL.

[defendandprotect]

36. Agree ... a sad laugh -- because capitalism is so far from economic democracy ...!!!

[Statistical]

38. What prevents you from owning stock in APPL? n/t

[SoCalDem]

39. I have more fun gambling in Vegas

:)

invest away & make loads of loot on Wall Street if you wish..I'll pass:)

[Dr.Phool]

9. Bernanke farted.

[a kennedy]

10. now that's funny......

:rofl:

[dixiegrrrrl]

11. Nasdaq tumbling even more.

I watched for 6 minutes, it fell from 49 to 43, has fought back up to 45 now.

[bigtree]

12. a lot of the recent down turn has been in response to a stabilizing economy

. . . and the prospect that the Fed won't adjust interest rates downward. I heard last week that investors were buoyed by reports of Feds responding to the apparent economic stall were in.

[Zenlitened]

14. "the Fed won't adjust interest rates downward." Well, that much is probably true.

:rofl:

[One_Life_To_Give]

13. -1.7% ?? After Black Monday

Having lived thru Black Monday these interday swings seem to be more about reporters desperately seeking a story than any real market shift.

[Zenlitened]

15. They really ought to report in terms of percentages, which would put things in perspective.

But most journalists aren't very good at that math-y stuff. That's why they became journalists in the first place!

[Warren DeMontague]

17. WUR DOOOMED! WUR DOOMED! WUR DOOOOMED!

"Radical Christian" and Anti-Porn Activist Robert Jensen says so! DOOOOOOOOMED!

[baldguy]

18. Better to follow the win/loss ratio in Atlantic City & Las Vegas

At least there real people are effected.

[FSogol]

19. Oh no. Is this a bad time to invest in a Butterfingers bar for an afternoon snack?

:shrug:

[A HERETIC I AM]

24. Sell Butterfingers short.

Their value will plummet as soon as you start munching.

[Warren DeMontague]

32. However, Butt is always a prudent investment.

Particularly when mated with the Head.

[sinkingfeeling]

21. China raised an interest rate to slow its inflation.

[Zen Democrat]

22. What? Is the JOBS report up? When jobs are slashed the market loves it.

Personally, the market is one big casino scam, with the boys in the back room controlling it all. I no longer have one penny in the equity market, and never will again for as long as I live. It can crash for all I care.

Then what will the Tea Party think about privatization?

[cbdo2007]

23. uncertainty due to bank stocks.....looks like a good day to buy some stock....

[TBF]

25. Uh - oh. I feel very sorry for the rich folk.

:crazy:

[Hamlette]

27. any anyone who hopes to someday retire oranyoe who wants to go to college too?

those losses matter to but maybe not to you.

[TBF]

29. I'm less concerned about bourgeoisie investment accounts

than I am about folks living in tents and homeless on the streets. Sorry.

[Hamlette]

30. you're going about it the right way

the market crashes and there will be more ppl homeless on the streets to care about.

I don't suppose you will believe this but some of the "rich", some who have money in the market care about those on the streets too and actually do something about it. Not to imply that you don't. Just saying.

[TBF]

33. Caring about those on the street -

On a personal level there are those who try to make a living, invest for their families, and give to charity. Many of us do that.

My thought, though, is that if we didn't prop up this predatory Capitalism we could find an economic system in which wealth could be more broadly distributed. Right now roughly 1% of the country controls 40% of the wealth. My argument is that we could do this a better way that would make living conditions more tolerable for many more people rather than so much wealth concentrated in the hands of so few.

[NeedleCast]

28. DU's long standing history of failing to understand the market continues

Nothing new.

[baldguy]

31. That the events on Wall Street have little bearing on the day-to-day lives of average people?

Seems fairly straightforward to me.

[defendandprotect]

37. And that the investors/manipulators are 80% elites/wealthy ....?

[cbdo2007]

34. Oops nevermind - DOW recovers