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DOW Below 8000
Message
From
10/10/2008 11:40:04
 
General information
Forum:
Finances
Category:
Stock markets
Title:
Miscellaneous
Thread ID:
01354046
Message ID:
01354117
Views:
24
>>>>>>Here we go....
>>>>>
>>>>>The entire global economy is being b***h-slapped across the lawn.
>>>>
>>>>It's humorous in a pathetic sort of way to hear the 'investment experts' telling people to keep their money invested and keep investing more while the investment houses are selling everything as fast as it can be transmitted across the wires.
>>>
>>>I have given up trying to understand it at all. No clue what will happen next or how long it will last. Well, one thing I do know is this is the worst market in my lifetime. Recessions happen pretty regularly but I don't remember any 40% drops in a year. And nobody knows what their house is worth any more. Mine could be underwater for all I know.
>>
>>1987: +/-40% in +/-20 days ...
>
>I remember it falling over 20% in one day but didn't remember it kept falling. In fact I thought it bounced back quickly.

http://www.the-privateer.com/chart/dow-long.html

People were jumping out of windows ... they shouldn't have.
In the End, we will remember not the words of our enemies, but the silence of our friends - Martin Luther King, Jr.
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