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Author Topic: Dow Jones falls to 6900!  (Read 1199 times)

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Offline P J C

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Dow Jones falls to 6900!
« on: March 02, 2009, 10:00:11 AM »
http://www.google.com/finance?q=INDEXDJX%3A.DJI


Obamanomics is officially in effect.
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Offline briann

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Re: Dow Jones falls to 6900!
« Reply #1 on: March 02, 2009, 11:14:05 AM »
Wow... I think one of the members here thought it would bottom out at 6500.... he's pretty close
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Offline GoIsraelGo!

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Re: Dow Jones falls to 6900!
« Reply #2 on: March 02, 2009, 11:36:16 AM »
Quote from: briann on March 02, 2009, 11:14:05 AM
Wow... I think one of the members here thought it would bottom out at 6500.... he's pretty close


Can it go lower than 6500?
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Offline briann

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Re: Dow Jones falls to 6900!
« Reply #3 on: March 02, 2009, 11:45:18 AM »
Quote from: republicandox on March 02, 2009, 11:36:16 AM
Quote from: briann on March 02, 2009, 11:14:05 AM
Wow... I think one of the members here thought it would bottom out at 6500.... he's pretty close


Can it go lower than 6500?

It could.  Especially if more people start pulling their retirement/insurance accounts out of the market.


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Offline P J C

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Re: Dow Jones falls to 6900!
« Reply #4 on: March 02, 2009, 11:58:18 AM »
Quote from: republicandox on March 02, 2009, 11:36:16 AM
Quote from: briann on March 02, 2009, 11:14:05 AM
Wow... I think one of the members here thought it would bottom out at 6500.... he's pretty close


Can it go lower than 6500?
One economist on FOX predicted it will fall as low as 3800!!!!
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Offline syyuge

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Re: Dow Jones falls to 6900!
« Reply #5 on: March 02, 2009, 12:15:46 PM »
Quote from: ProJewCatholic on March 02, 2009, 11:58:18 AM
Quote from: republicandox on March 02, 2009, 11:36:16 AM
Quote from: briann on March 02, 2009, 11:14:05 AM
Wow... I think one of the members here thought it would bottom out at 6500.... he's pretty close


Can it go lower than 6500?
One economist on FOX predicted it will fall as low as 3800!!!!

Hmmm... he must be a red bear.
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Offline Rubystars

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Re: Dow Jones falls to 6900!
« Reply #6 on: March 02, 2009, 12:16:09 PM »
I am bummed out because I was just looking into mutual funds before all this BS hit the fan. Thankfully I didn't invest any of my money yet, but I'm already 30 and I need a retirement plan. What should I do?
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Offline GoIsraelGo!

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Re: Dow Jones falls to 6900!
« Reply #7 on: March 02, 2009, 12:59:06 PM »
Quote from: Rubystars on March 02, 2009, 12:16:09 PM
I am bummed out because I was just looking into mutual funds before all this BS hit the fan. Thankfully I didn't invest any of my money yet, but I'm already 30 and I need a retirement plan. What should I do?

Ruby, start buying gold or you can invest in a house, now is the time to buy real estate since it will go up eventually. This may be a good alternative ...when you need the money later you can cash out on your gold and reap an income from your home as a rental. I am glad to hear you are not going to invest in this risky about to fall market. P.S. If you invest in property you may not be able to sell for a while, but at least it is a safe investment.
Good luck Ruby.

                                                                    Shalom - Dox
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Offline briann

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Re: Dow Jones falls to 6900!
« Reply #8 on: March 02, 2009, 01:43:50 PM »
Quote from: Rubystars on March 02, 2009, 12:16:09 PM
I am bummed out because I was just looking into mutual funds before all this BS hit the fan. Thankfully I didn't invest any of my money yet, but I'm already 30 and I need a retirement plan. What should I do?

Is this for your 401k?
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Offline P J C

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Re: Dow Jones falls to 6900!
« Reply #9 on: March 02, 2009, 08:11:38 PM »
I smell THE great depression, especially under socialist nationalist leadership.
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Offline MasterWolf1

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Re: Dow Jones falls to 6900!
« Reply #10 on: March 02, 2009, 09:58:15 PM »
Obaminomics is going to bleed us to death.
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Offline GoIsraelGo!

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Re: Dow Jones falls to 6900!
« Reply #11 on: March 03, 2009, 02:20:37 AM »
Quote from: MasterWolf1 on March 02, 2009, 09:58:15 PM
Obaminomics is going to bleed us to death.


Wolf and Pro Jew , this is what Obama had planned all along, he and his radical Anti American buddies.
Their intention is communism under the guise of socialism. 


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Offline IsraelForever

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Re: Dow Jones falls to 6900!
« Reply #12 on: March 03, 2009, 05:31:42 AM »
As I watched Obama rise in the primaries, and then as I saw his chances for winning the Presidency get greater and greater, I had an enormous sense of doom.  And now it's coming to pass.  And after he won the election, I thought to myself, "Americans have become dumber than boxes."  (I'm an American, by the way.)   We gave the keys to the White House to the one guy who wanted to destroy this country as we know it.  And now he's succeeding.  Good going American voters! 
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Offline Sentinel For Truth

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Re: Dow Jones falls to 6900!
« Reply #13 on: March 03, 2009, 05:52:36 AM »
Quote from: IsraelForever on March 03, 2009, 05:31:42 AM
As I watched Obama rise in the primaries, and then as I saw his chances for winning the Presidency get greater and greater, I had an enormous sense of doom.  And now it's coming to pass.  And after he won the election, I thought to myself, "Americans have become dumber than boxes."  (I'm an American, by the way.)   We gave the keys to the White House to the one guy who wanted to destroy this country as we know it.  And now he's succeeding.  Good going American voters! 

This.
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Offline ~Hanna~

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Re: Dow Jones falls to 6900!
« Reply #14 on: March 03, 2009, 10:03:55 AM »
Yeah, the Today Show is having a special report this morning about it....

They were saying it's the lowest it's been since 1997....

 :o
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