CHESSNOID

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DOW 8,000? Check out the stock futures.

Posted on Oct 9, 2008 by CHESSNOID in Recession, current events, economy, housing market, politics, stock market | 1 Comments

We all know what the market did today.  7 days in a row down.  Is it possible to be 8 days?  Maybe.  If you look at the futures for tomorrow, it doesn’t look good for the open.  However, you can never tell which way the market will zig zag though out the day.

Dow -200.00 -2.33% 8,398.00
NASDAQ -17.25 -1.36% 1,254.75
S&P -21.50 -2.36% 891.00

I imagine the 3 stooges Bush, Bernanke, and Paulson will announce something tomorrow to fix the economy. The stock market is starting to put fear into every industry now. I don’t think the 3 stooges are aware that we are in a severe recession yet. Someone ought to tell one of them. :lol:

1 Comments

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  1. YC | Internet Marketing, October 9, 2008:

    You are wrong. We have already passed the bailout bill. That was supposed to stop any ‘economic meltdown’, according to Bush, Bernanke, Paulson, and also McCain and Obama.

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