CHESSNOID

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Dow down 500 dips below 9,000

Posted on Oct 15, 2008 by CHESSNOID in Recession, economy, housing market, stock market | 0 Comments

It’s not even 11am and the DOW is down 500 points. We have already passed the 9,000 mark.  We still have 2 more hours so there is a chance of it recovering if the bargain hunters come in.  I get a bad feeling though we may be headed for a record down day.  The options expiration is only 2 days away.

8,811.20 -499.79 (-5.37%)
1,682.04 -96.97 (-5.45%)
934.94 -63.07 (-6.32%

I will post one more update later. For now, I have to get some lunch. Thai bbq sounds good right now.

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