Aske
Lederhosen
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How much will DJIA drop tomorrow?
« on: January 21, 2008, 01:43:08 PM » |
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i'm thinking 3-4% .
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Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century. -- Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka |
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gleek
Flak Jacket
Karma: 107 Posts: 9511
OfflineE chu ta!
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Re: How much will DJIA drop tomorrow?
« Reply #1 on: January 21, 2008, 02:00:39 PM » |
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TGIMLKD
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Woman, open the door, don't let it sting. I wanna breathe that fire again.
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gleek
Flak Jacket
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Re: How much will DJIA drop tomorrow?
« Reply #2 on: January 21, 2008, 02:07:20 PM » |
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Dow Jones industrial average futures on Monday dropped 546 points or 4.5 percent. Should the Dow close lower on Tuesday by the amount the futures suggest, it would rank as the fourth-largest point loss ever for the blue-chip index.
S&P 500 futures were down 62.5 points, or 4.7 percent. Nasdaq 100 futures slid 77.5 points, or 4.2 percent. http://news.yahoo.com/s/n...olumn_stocks_outlook_dc_1  |
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Woman, open the door, don't let it sting. I wanna breathe that fire again.
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Aske
Lederhosen
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Re: How much will DJIA drop tomorrow?
« Reply #3 on: January 21, 2008, 02:13:34 PM » |
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Dow Jones industrial average futures on Monday dropped 546 points or 4.5 percent. Should the Dow close lower on Tuesday by the amount the futures suggest, it would rank as the fourth-largest point loss ever for the blue-chip index.
S&P 500 futures were down 62.5 points, or 4.7 percent. Nasdaq 100 futures slid 77.5 points, or 4.2 percent. http://news.yahoo.com/s/n...olumn_stocks_outlook_dc_1 time to diversify that 401k plan a bit more huh ?  |
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Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century. -- Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka |
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Aske
Lederhosen
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Re: How much will DJIA drop tomorrow?
« Reply #4 on: January 21, 2008, 02:14:53 PM » |
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so adjusted for inflation, how much is it down since you know who took control.
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Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century. -- Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka |
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gleek
Flak Jacket
Karma: 107 Posts: 9511
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Re: How much will DJIA drop tomorrow?
« Reply #5 on: January 21, 2008, 02:15:13 PM » |
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Dow Jones industrial average futures on Monday dropped 546 points or 4.5 percent. Should the Dow close lower on Tuesday by the amount the futures suggest, it would rank as the fourth-largest point loss ever for the blue-chip index.
S&P 500 futures were down 62.5 points, or 4.7 percent. Nasdaq 100 futures slid 77.5 points, or 4.2 percent. http://news.yahoo.com/s/n...olumn_stocks_outlook_dc_1 time to diversify that 401k plan a bit more huh ? Time to go 100% cash. Oh wait. That's not safe either. |
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Woman, open the door, don't let it sting. I wanna breathe that fire again.
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gleek
Flak Jacket
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Re: How much will DJIA drop tomorrow?
« Reply #6 on: January 21, 2008, 02:52:11 PM » |
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Does fear of a recession generally end up becoming self-fulfilling prophecy?
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Woman, open the door, don't let it sting. I wanna breathe that fire again.
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stroh
Sleeveless Hoodie From: Impact Crater Springs, CA
Karma: 155 Posts: 16135
OfflineWe're doomed!
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Re: How much will DJIA drop tomorrow?
« Reply #7 on: January 21, 2008, 02:55:00 PM » |
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Anyone? Anyone?
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Uisce Beatha
Amazing Technicolor Dreamcoat From: In the Jar
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Re: How much will DJIA drop tomorrow?
« Reply #8 on: January 21, 2008, 03:01:52 PM » |
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Eleventy-first.
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"If you're darker than a caramel, Reverend Al speaks for you." - Aasif Mandvi
"Well, you can tell by the way I use my walk, I'm a woman's man: no time to talk." - stroh
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gleek
Flak Jacket
Karma: 107 Posts: 9511
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Re: How much will DJIA drop tomorrow?
« Reply #9 on: January 21, 2008, 03:03:52 PM » |
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Anyone? Anyone?  |
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Woman, open the door, don't let it sting. I wanna breathe that fire again.
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hobbit
Tartan Jacket From: The Shire
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Re: How much will DJIA drop tomorrow?
« Reply #10 on: January 21, 2008, 03:04:34 PM » |
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Does fear of a recession generally end up becoming self-fulfilling prophecy?
In some ways, yes. It certainly makes matters worse anyway. DOW and S&P? I'm not looking - it may make me cry. |
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I've gone to find myself. If I get back before I return, keep me here.
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Clive
Full Metal Jacket
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Re: How much will DJIA drop tomorrow?
« Reply #11 on: January 21, 2008, 03:15:22 PM » |
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Does fear of a recession generally end up becoming self-fulfilling prophecy? Don't people become most afraid of it when it is indeed impending (i.e., as a common and recurring correction/cycle event that indicators point to as imminent)? |
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Aske
Lederhosen
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Re: How much will DJIA drop tomorrow?
« Reply #12 on: January 21, 2008, 09:36:29 PM » |
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http://bloomberg.com/markets/asia_index.htmlholy *feces*, maybe we should make that 14%. those futures buys at 5%. 
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Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century. -- Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka |
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Aske
Lederhosen
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Re: How much will DJIA drop tomorrow?
« Reply #13 on: January 21, 2008, 09:40:40 PM » |
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Does fear of a recession generally end up becoming self-fulfilling prophecy?
In some ways, yes. It certainly makes matters worse anyway. DOW and S&P? I'm not looking - it may make me cry. well, i think it depends on WHY the recession is feared, but yes, in general ... |
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Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century. -- Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka |
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gleek
Flak Jacket
Karma: 107 Posts: 9511
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Re: How much will DJIA drop tomorrow?
« Reply #14 on: January 21, 2008, 09:50:35 PM » |
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http://news.yahoo.com/s/n..._nm/markets_global1_dc_15Billionaire investor George Soros said the world was facing the worst financial crisis since World War Two and the United States was threatened with recession, according to an interview with the Austrian daily Standard.
"We really do have a serious financial crisis now," Soros was quoted as saying.
I wish I could be as upbeat has Hobbit and Ben Stein, but things aren't looking too good right now. On the bright side... Oil deepened losses as global stock markets tanked. London's Brent crude fell 16 cents to $87.35 a barrel by 0300 GMT, while U.S. crude traded down 2.3 percent at $88.52 a barrel.
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Woman, open the door, don't let it sting. I wanna breathe that fire again.
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