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Originally posted by FreezeM
I'm looking at the EU stock real time and it looks like the interest cut failed to help the markets. Everything went up a few precent but is now falling down faster then it was this morning.
Originally posted by gottago
The Nikkei lost about 11% today, trending down steadily, but the Dow shoots up off the mark. You also saw a big rebound in the Dow yesterday before trending down again.
Well, Helicopter Ben and the Plunge Protection Team's fingerprints are all over the US markets--there's massive intervention going on to prop up share prices. This, like the rate drop, will only forestall the inevitable.
Originally posted by Manawydan
reply to post by gottago
And on that note, here we go on our marry way down again. Let's see if I can predict the future. Closing price on Dow today just a little above 9k. Lets say. 9,114.
Anyone else wanna play?