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Stock market recap 10-09-08

Sell, sell, sell. I think that was the only word that was being said in the last hours of the stock market. On the one year anniversary of the DOW hitting its all time high of 14,279.96, we are down about 40%. I don’t know what to think of this new [...]

Stock markets crashing

I have continued to be glued watching the numbers plummet. We are now down over 500 points and have broken the DOW 8700 barrier.  Tonight, everyone will be talking about this on TV.  Sounds like another bailout or interest rate cut is on the way.

Dow

8,687.75
-570.35
(-6.16%)

Nasdaq

1,663.33
-77.00
(-4.42%)

S&P 500

918.82
-66.12
(-6.71%)

There is still 20 minutes left so let’s see if any [...]

DOW falls below 9,000

This will probably be the big news tonight.  Another floor being broken.  The market isn’t closed yet, but chances are it will close below this psychological number.  I am not sure what news can turn the market around. This will be 7 down days in a row.  I just can’t help thinking we will have [...]

Stock markets correcting

I am watching the stock market indexes falling. It just broke the 9,000 Dow, the 1700 Nasdaq, and the S&P500 950 mark.  It is like watching history in the making.  We still could rally or really start to plummet. Here are the numbers literally:

Dow

8,988.73
-269.37
(-2.91%)

Nasdaq

1,694.02
-46.31
(-2.66%)

S&P 500

949.76
-35.18
(-3.57%)