Dow Tumbles again.... WOW!!!!! 7552.29!!!

[briann]

http://www.wcpo.com/content/financialsurvival/yourlocalstories/story.aspx?content_id=9322cfdf-16a3-41de-ac89-4da7f44cb6fb

[Muck DeFuslims]

Yup, down over 400 points again.

Another 20 days of losses of this magnitude without any rallies--and the Dow will be ZERO.

Osama's tax hikes aren't going to cover the cost of all the bailouts and spending. Wait until the Fed starts printing money at unprecedented rates.

I don't want to be melodramatic, but it appears we are on the precipice of perhaps the greatest financial meltdown in history. This collapse could exceed that of the 'great depression'.

Very scary.

[Roadwarrior]

People have predicted 6500 or 6000 as a bottom.
Hopefully no lower....since that is bad enough

[briann]

People have predicted 6500 or 6000 as a bottom.
Hopefully no lower....since that is bad enough

Honestly... its impossible to predict where and when will be bottom.  People are just guessing.

[Sparky]

I believe if McCain/Palin had been elected, it wouldn't have gone down nearly this far.  If Mitt Romney had been elected, it probably would have gone up.  This is about Obama's election and the fear of pending socialism. 

[Roadwarrior]

People have predicted 6500 or 6000 as a bottom.
Hopefully no lower....since that is bad enough

Honestly... its impossible to predict where and when will be bottom.  People are just guessing.

Thats true
With every bit of bad news in the headlines ...more nosediving occurs...
soon there will be more layoffs,  unemployment news ....,,more bad earnings,
bankruptcies ....what is the most worrisome are the credit default swaps...
worth in the trillions ...
If it bottoms at 7000 or 6500 ...I would consider ourselves lucky ....

[SavetheWest]

I can't wait for Bush to be out of office so these idiots can see that Obama will not save the day!