DOWN goes the market!!!

Discussion in 'The Back Room' started by jif5, Aug 3, 2011.

  1. jif5

    jif5 Well-Known Member

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    :cry: :cry: :cry: Im looking for DOW 6000 or lower before this is ovah!
     
  2. JO'Co

    JO'Co Well-Known Member

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    :shock:
    I've been fooling around on the internet all morning, because I'm afraid to check my accounts. How bad is it?
     
  3. JO'Co

    JO'Co Well-Known Member

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    Is it this bad?
    [​IMG]
     
  4. BuckeyeT

    BuckeyeT Well-Known Member

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    It's pretty ugly JO'Co.....massive de-risking all over the globe reminiscent of the credit meltdown in fall 08.

    A complete lack of confidence in this administration's ability to lead and/or implement effective policy options.....investors are voting with their wallets and bailing en masse.....
     
  5. JO'Co

    JO'Co Well-Known Member

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    :(
    I only have one bullet left to fire. I think I'll save it for tomorrow. After that, all I can do is watch it go down and hold on tight...
     
  6. jif5

    jif5 Well-Known Member

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    now its just a total free fall...fear!!! hold tight joco...no loss unless u sell!!(At least you got a pension!)
     
  7. BuckeyeT

    BuckeyeT Well-Known Member

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    The Eurozone is puking on their own massive sovereign credit risk issues and the impact is global .....dear Mr President and Senate, please take note.
     
  8. jif5

    jif5 Well-Known Member

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    ya please take note you say...the bastards are on vacation ( with my money) for 4 weeks!!!
     
  9. George Krebs

    George Krebs Well-Known Member

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    Down 516 and change. Oil and gold down significantly as well. That was fun. :?
     
  10. mrsjoco

    mrsjoco Active Member

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    :cry: Jim and I were cleaning classroom all day glad we missed the show. guess house on the golf course will have to wait...it even had a pool
     
  11. JO'Co

    JO'Co Well-Known Member

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    <iframe width="640" height="390" src="http://www.youtube.com/embed/W4hfdaC7eL4" frameborder="0"></iframe>
     
  12. mrsjoco

    mrsjoco Active Member

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  13. Motorcity Gator

    Motorcity Gator Well-Known Member

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    Jan. 22, 2001 Dow closes at 10,578

    Jan. 20, 2009 Dow closes at 9,034

    Conclusion:

    If the rest of us just get out of the way and let the GOP run things those people who have the real wealth in this country can get even richer by shorting the market and fleecing the rest of us morons.
     
  14. JO'Co

    JO'Co Well-Known Member

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    :D
    You really don't understand any of this, do you Dave?
     
  15. jif5

    jif5 Well-Known Member

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    :roll: :roll: :roll: If the jobs report didnt work this morning...wow :!:
     
  16. Motorcity Gator

    Motorcity Gator Well-Known Member

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    I understand the market went nowhere but down ultimately in 8 years under Bush.

    I did however time the ups and downs pretty well in the mid-2000s with my 401K after the initial meltdown.

    In any event his 8 years seem fruitless and ineffective market wise and yet we should clamor for more of that?
     
  17. George Krebs

    George Krebs Well-Known Member

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    Absolutely not! Things are going so well now under this president why would we ever want to change?

    Hail Obama!
     
  18. gipper

    gipper Well-Known Member

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    Unemployment rate Jan. 2009 7.6
    Unemployment rate today 9.2

    Millions of more Americans have no job and no money to invest in the market.
     
  19. Motorcity Gator

    Motorcity Gator Well-Known Member

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    Dec. 2008 unemployment rate in my household = 50%

    All you need to know.
     
  20. WSU1996kesley

    WSU1996kesley Well-Known Member

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    Correction, all you seem capable of discussing. Oh yeah, and it's Bush's fault.