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dow dropping 250 pts 1 min after opening

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posted on Oct, 6 2008 @ 09:42 AM
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It really wasn't that many years ago when the DOW being under 10,000 was considered a GOOD thing.

With or without the Bailout bill, the market correction was due. At least 2 bubbles have burst in less than 10 years, the dot com and now the housing.

We are not going to like the next couple years, but we need this to happen, and yes even globally, to correct the markets, and (hopefully) to correct the inflation that plagues us all.

Personally, I'd like to see the Dow get down to 5000-6000 before the real rebound begins. Then maybe my paper currency will be worth the money that is actually printed in the numbers on it.




posted on Oct, 6 2008 @ 09:42 AM
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false flag watch being issued ......by me.

gotta divert american anger..........c'mon CIA



posted on Oct, 6 2008 @ 09:42 AM
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And good ole Bush and Co are rubbing their hands and laffing
down 463 What did it close at the other day?



posted on Oct, 6 2008 @ 09:42 AM
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If it starts dropping any faster, they wont be able to keep up with it. 500 now



posted on Oct, 6 2008 @ 09:44 AM
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9700 and falling.

Woo Hoo, It's gonna be an interesting ride!



posted on Oct, 6 2008 @ 09:44 AM
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holy #, down almost 600.

theyve gotta halt trading if it gets down to 800 or so...

this is NOT good... get ready people



posted on Oct, 6 2008 @ 09:44 AM
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I meant 600 points, did I say 500?



posted on Oct, 6 2008 @ 09:44 AM
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This is INCREDIBLE! The dow is just PLUMMETING. I am watching this thing go down and its just unbelievable. It's dropping like 10 points every minute.


DOWN 540 points now!



posted on Oct, 6 2008 @ 09:45 AM
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My god. I can't believe how quick it's falling. Today and tomorrow are going to be VERY VERY interesting.



posted on Oct, 6 2008 @ 09:46 AM
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screw it..... buy! buy! buy!
it's gotta be a ood day to buy shares at a low price.
it's probably a good day to bury bad news aswell, so...eh...., i've run down your puppy.



[edit on 6-10-2008 by pieman]



posted on Oct, 6 2008 @ 09:47 AM
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Every time I hit that refresh button, it goes down another 30-60 pts



posted on Oct, 6 2008 @ 09:48 AM
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And as the DOW plummets the Market expert on CNN is telling everyone, everything is not that bad, it's ok people things are actually better than they look. everything will be fine.


Riiiiiight

I was ok until i saw the dow drop 400 points, now im a little worried.



posted on Oct, 6 2008 @ 09:48 AM
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Trading gets suspended if it falls 10% before 2pm.

en.wikipedia.org...

Anyone think it likely to fall 10% before 2pm?



posted on Oct, 6 2008 @ 09:49 AM
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I can see the people right now running down the street to the bank trying to get all their money out right now If the dow don't stop falling you guys will see bush on tv Tonight
My felow Americans he will start to tell you how he is going to suspend the elections during a national emergency and so on



posted on Oct, 6 2008 @ 09:49 AM
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Dang it's all out panic now.

Pretty soon someone is going to pull the plug on the markets.

That banking holiday rumor is starting to look less and less silly.

[edit on 6-10-2008 by wutone]



posted on Oct, 6 2008 @ 09:49 AM
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rebounding slightly now. around 500



posted on Oct, 6 2008 @ 09:50 AM
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Originally posted by Maya00a
Trading gets suspended if it falls 10% before 2pm.

en.wikipedia.org...

Anyone think it likely to fall 10% before 2pm?


i will go out on a limb and say no....the DOW will have to drop 1030 point to hit the 10% mark



posted on Oct, 6 2008 @ 09:51 AM
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CNN is blaming it on the fact we did not do the bailout 2 weeks ago...



posted on Oct, 6 2008 @ 09:51 AM
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Where the heck can we buy gold boullion? The local coin guy told me he can't find it to sell it!!

I'm draining my savings account today and then I'm going on a Walmart shopping spree for the usual, beans and rice.

Man I hate this.



posted on Oct, 6 2008 @ 09:52 AM
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It has rebounded a bit but I have a feeling this sucker WILL drop 10% before 2pm! If that does happen, tomorrow is gonna be a joke.

October 7th is starting to look scarier and scarier now.





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