Berry to talk to the nation, how will Wall Street react......again

[JohnDeere]

I am bracing for another "O-shit Obama moment" tonight and have cash on hand to make a buy to get a 'discount' price on some mutual funds.

[AUTiger1]

I voted:  "Nothing of significance is said and Dow continues downward slide in correction closing between 7000-7500"

I imagine that it will close somewhere closer to 7000 than 7500 and we will gradually keep on sliding to the 6000 mark.  Hell, just when I thought that 8000 was the bottom of the floor it keeps on going.

[Tarheel]

I voted that the market has already factored in what this guy is going to say and it will be grim; investors are not going to be committal on this market until they know what the ground rules are going to be under the new socialist utopia.

[JohnDeere]

Dow Jones Industrial Average(DJI: ^DJI)
Index Value: 7,270.89
Trade Time: Feb 25
Change:  80.05 (1.09%)
Prev Close: 7,350.94
Open: 7,349.58
Day's Range: 7,156.68 - 7,404.94
52wk Range: 7,077.35 - 13,191.50

The results are inconclusive......but he sure didn't fucking help the situation.

[Tarheel]

Dow Jones Industrial Average(DJI: ^DJI)
Index Value: 7,270.89
Trade Time: Feb 25
Change:  80.05 (1.09%)
Prev Close: 7,350.94
Open: 7,349.58
Day's Range: 7,156.68 - 7,404.94
52wk Range: 7,077.35 - 13,191.50

The results are inconclusive......but he sure didn't fucking help the situation.

Hmmm...another down day...following the meager upturn...

DJIA: 7182.08
Trand Time: Feb 26
Change: -88.81
Percent: -1.2 %

I don't think The ONE helped the shituation at all.

[Tarheel]

Dow Jones Industrial Average(DJI: ^DJI)
Index Value: 7,270.89
Trade Time: Feb 25
Change:  80.05 (1.09%)
Prev Close: 7,350.94
Open: 7,349.58
Day's Range: 7,156.68 - 7,404.94
52wk Range: 7,077.35 - 13,191.50

The results are inconclusive......but he sure didn't fucking help the situation.

You may have been a little hasty in that conclusion, JohnDeere.  I don't want steal GarMan's thunder from the thread that he started on this subject today but 45 minutes before markets close today:

DJIA: 6822.55 (-240.38)   

[AUTiger1]

You may have been a little hasty in that conclusion, JohnDeere.  I don't want steal GarMan's thunder from the thread that he started on this subject today but 45 minutes before markets close today:

DJIA: 6822.55 (-240.38)   
[/size]

Just walked to the break room for a Mt.Dew.....looked up at the TV (fox news) the ticker at the bottom had it at -281.79.....and that was down from what you posted in the matter of 6 or 7 minutes.  Sad indeed.

[Tarheel]

Just walked to the break room for a Mt.Dew.....looked up at the TV (fox news) the ticker at the bottom had it at -281.79.....and that was down from what you posted in the matter of 6 or 7 minutes.  Sad indeed.

-299.64


I think it's a delayed "O-Shit Obama" moment.

[Tarheel]

-299.64

I think it's a delayed "O-Shit Obama" moment.

What the hell did The ONE say today to cause this reaction?!

DJIA 6594.44  5 Mar 2009

Dow Falls 281.40, Now Down 25% for Year


Investors Hoping for a Bottom Get More Declines Instead; Citigroup Trades Under $1 a Share
[5 Mar 2009]
By TOM LAURICELLA

Stocks resumed their relentless slide after a one-day respite, falling to new bear-market lows.

The Dow Jones Industrial Average slid 281.40 points, or 4.1%, to 6594.44, its lowest close since April 15, 1997, and down more than 53% from its closing high on Oct. 9, 2007. It has fallen nearly 25% so far this year.
...

Just a hunch but I think we're going to DJ 4K...

The rest of this sad story:

http://online.wsj.com/article/SB123625477682739223.html?mod=rss_Today%27s_Most_Popular

[GarMan]

Just a hunch but I think we're going to DJ 4K...

I don't see it, but even if we do decline that much, I still see great opportunity and significant upside for the long term.  Eventually, people are going to have their fill of this Socialist shit, and free market forces will prevail.