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Old 10-12-2008, 03:01 PM   #1
 
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Default Wall Street at rock bottom!!!!!!!!!!

Well Wall Street is almost at rock bottom. But one question, where is all that money that Bush got approved. Thought that was suppose to help. And then on top of it all, GM cries the blues about not having any money and about Bankrupt. Well I just read that they are in talks with Chrysler to buy them out and merge the two together. Go god what a joke. I guess you never should beleive what hear and read anymore.
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Old 10-12-2008, 03:07 PM   #2
bigcountry
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Default RE: Wall Street at rock bottom!!!!!!!!!!

Money has not even hit the markets yet. Its all about speculation. And wall street has not hit rock bottom. Its not as low as it was in 2001 crash yet. Might this week. Nasdaq took the biggest hit then. Oh, it can go lower. I expect the dow to hit 7000 this week and that might be the bottom.

15000 for the dow was way over inflated.


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Old 10-12-2008, 04:22 PM   #3
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Default RE: Wall Street at rock bottom!!!!!!!!!!

The DOW never hit 15000, it hit 14000 for one day I believe and the went right back down to 13 something.
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Old 10-12-2008, 04:26 PM   #4
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Default RE: Wall Street at rock bottom!!!!!!!!!!

0.00

that's rock bottom

many thought 10,000 was rock bottom
many thought 9,000 was rock bottom
many thought we'd never see below 8000 again



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Old 10-12-2008, 05:03 PM   #5
bigcountry
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Default RE: Wall Street at rock bottom!!!!!!!!!!

Quote:
ORIGINAL: archer 2

The DOW never hit 15000, it hit 14000 for one day I believe and the went right back down to 13 something.
I am sorry archer, I really don't have to time or care to go look up the exact number on the fly on a forum to try to look real good. I mean after all, it the internet. But good thing for us, we have folks like you who care so much.
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Old 10-12-2008, 05:03 PM   #6
bigcountry
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Default RE: Wall Street at rock bottom!!!!!!!!!!

Quote:
ORIGINAL: stealthycat II

0.00

that's rock bottom

many thought 10,000 was rock bottom
many thought 9,000 was rock bottom
many thought we'd never see below 8000 again
Why not 8000? Its been there a few times. Sounds like wishful thinking.
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