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Discussion Starter #1 (Edited)
Anyone Watch the market tank? I've been watchen learning(trying to) and reading about it. The DOW was down more than 500 points again today.(not sure what these points are) And from what I'm reading we have yet to see the real crash. They figure when it happens the DOW will fall in the 4 digit point marks.. GM fell today to a point that it has not seen since 1950 that's just crazy and they figure it will fall again tomorrow...


Name-----------------------------Level------Change---% Change---Chart

Dow Jones Industrial Average ----- 8,579.19___-678.91___ -7.33%____chart
NASDAQ TRANSPORTATION-------- 1,565.00___-124.41___-7.36%____chart
Dow Jones Utility Average--------- 344.76_____-22.83____-6.21%____chart
S&P 500 INDEX--------------------909.86_____-75.08____-7.62%____chart
S&P 100 INDEX--------------------432.03_____-35.76____-7.64%____chart
S&P MIDCAP 400 INDEX------------548.98_____-42.44____-7.18%____chart
NASDAQ-100 (DRM)----------------1,275.10___-55.51____-4.17%____chart
NASDAQ COMPOSITE---------------1,645.12___-95.21____-5.47%____chart
COMPOSITE INDEX-----------------1,371.61___-118.39___-7.95%____chart
NYSE COMPOSITE INDEX-----------5,810.80___-495.55___-7.86%_____chart
RUSSELL 1000 INDEX---------------492.21_____-39.97___ -7.51%_____chart
RUSSELL 2000 INDEX---------------499.41_____-47.16___ -8.63%_____chart
S&P BARRA VALUE INDEX------------453.11_____-40.39___-8.18%_____chart
S&P CITIGROUP GROWTH INDEX-----451.60_____-34.48____-7.09%_____chart
 

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I never watched it, nor do i understand how all that gibberish works. But i am watching the gas prices tank :thumbsup: $3.29 today ! It was $3.69 4 days ago. I can't wait till the moment i fill up my tank for the very first time since i bought the jeep.
 

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Hey mudd I bought gas yesterday for $2.84/gallon. WooHoo!!!
Shoot i can't remember the last time we had it at that price.
 

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Everything dropping is ok with me for now...If you don't live beyond your means and carry lots of debt, you'll come through this just fine. Now is also a great time to start a retirement fund for those of you that haven't...Everything is on sale!!!!
 

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Squirrel Master
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Like I said before, the wealthy drove OUR market out of OUR reach, and now they've lost control. What they don't understand is that even though they control the market's capital, WE control the market's climate. They gouged prices to the point where WE could no longer stimulate the market, so in turn they packed the market with incentives, baiting us with promises of "relief". Well the relief ran out, and OUR economy suffered, so now in turn, THEIR economy is suffering. In my view, the stock market and the American economy in general is like a fortified wall - the wealthy are on one side, where the grass is greener and everything smells of leather, cigars, and filet mignon. WE, the average people, the BREAD AND BUTTER of America, are on the other side, where the grass is patchy, and the air smells of moth balls and McDonald's. The wealthy build the wall higher and higher, keeping us from ever climbing over to their side. But when things get hard for US, the leather and the cigars and the filet mignon are suddenly scarce, because WE are the ones who make them. So they remove a few bricks and get us hopeful again, get us producing, get us working hard - eluding us with the prospect of scaling that wall and making it to the other side. And when we've satisfied their thirsts and hungers and vices a little, they'll put the bricks back until they need our help again.

Honestly, the whole system brings the suck. And it brings it hard.
 
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