Discussion in 'Stock Market' started by Contumacious, May 6, 2010.
Dow falls almost 1000, recovers 600
Asia and the Euro are melting down as well
Maybe electing a Marxist wasn't the best idea we ever had?
everyone knows gasoline is going to sky rocket, already has up here from this stupid oil gusher....
this will hold us down, keep us in a recession if oil/gas prices go through the roof.... who really knows why this catastrophe should affect the prices RIGHT NOW but of course, somehow, they find a way to hit us with them....now, instead of later, when the loss of this new found oil would have really hit us....
Yahoo shows DOW plunged from 10875.53 down to 9872.57 That is a 1003 point drop!!!
Thanks to the administration of Change, since, at this rate, that may be all we have left.
Of course, in my humble opinion, the DOW is an over inflated balloon anyway, the result of many inveiglers who are out to make a few quick bucks anyway they can, as they have done over the decades.
I did. I sold stocks & bought gold on Monday.
At present down less than 500. Not good, but indictutive of the continued fragility of the global economy.
Good move....buy US Dollars while they are hot
CNBC reporting a synthetic trading technical glitch. Time to buy stocks. Exxon hit $60 today. Low P/E ratio.
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