Thread: Market Talk / Oct. 5 - 11

Originally Posted by Greg

Right now the Dow is at 8925, down 3.6%.

I really think it will keep going down until the WWII generation people (like Birch) that have been in stocks for 40 years (and believed in it) finally get out.

Me thinks we are all in deep do-do. I never thought I would live to see this...God ...have mercy on us all.

Originally Posted by Greg

Right now the Dow is at 8925, down 3.6%.

I really think it will keep going down until the WWII generation people (like Birch) that have been in stocks for 40 years (and believed in it) finally get out.

right..8666..down 6.56%...capitulation??!!

Originally Posted by FUTURESTRADER

right..8666..down 6.56%...capitulation??!!

I hope soon, because if it isn't we're in trouble, big trouble.

CB

Originally Posted by Greg

The Dow could go below 9000 today. I thought we would have an up day.

Dow closed at 8,657.56 today. I think we will have a up day tomorrow.

Originally Posted by CountryBoy

I hope soon, because if it isn't we're in trouble, big trouble.

CB

Over our heads now!!!!

The one day percentage losses are what amazes me...C:-7.5%, S: -7.09%, Dow: -7.3%

At 4:07 PM CNN says DOW down 609, Marketwatch says down 660. Apparently, there was such a flurry of activity at the very end that the system choked.

Originally Posted by Pilgrim

At 4:07 PM CNN says DOW down 609, Marketwatch says down 660. Apparently, there was such a flurry of activity at the very end that the system choked.

Markets close but there are always orders still in the system. I always wait until 1630 Eastern to see final!

Originally Posted by FUTURESTRADER

right..8666..down 6.56%...capitulation??!!

8666 ?

Down 6.66% ??

Yes, we are in deep, deep, deep trouble.

Originally Posted by CountryBoy

I hope soon, because if it isn't we're in trouble, big trouble.

CB

We are in big, big trouble.

Big big big trouble.

Folks- I went through 1987, and this is worse than then- 1987 was bad for a day or two and then rebounded.

This one is not rebounding. It's defying all logic, experience, history.


It's bad.

I need a drink.

Originally Posted by James48843

We are in big, big trouble.

Big big big trouble.

Folks- I went through 1987, and this is worse than then- 1987 was bad for a day or two and then rebounded.

This one is not rebounding. It's defying all logic, experience, history.


It's bad.

I need a drink.

That's what makes this HISTORICAL...We are all a part of history now....kids will learn about us in school. Man, wouldn't it be cool if somebody in TSP became famous because of this debacle!!!One of you, NOW, grab your shield and sword and go to Cave of Depression and slay the Dragon of Recession!!!!