Dow plunges nearly 430 to fall below 8,000 mark

Another totally brutal day for the markets.  "NEW YORK – Wall Street hit levels not seen since 2003, with the Dow Jones industrial average falling below the 8,000 mark, as the fate of Detroit's Big Three...

Wild Two Weeks

" Yesterday, the CBOE Volatility Index [VIX  70.33    2.72  (+4.02%)   ] spiked to a record high, crossing 80 for the first time intraday. The Dow Industrials has shown some significant moves each day over the past two weeks. In fact,...

Fears about the outlook for the world economy have overtaken

The trillion Euro Dollar dream wiped out ? The trillon Euro Dollar trash worked for one day. Traders cashed in , the people paid. No new economy created. Thousands of new small SME enterprises without money,...

Stocks Rise Dow +938 Nasdaq + 194 S&P 500 +104 Largest 1 day Gain since 1987

Stocks Rise Dow +938 Nasdaq + 194 S&P 500 +104 Largest 1 day Gain since 1987Wall Street makes stunning reversal from worst week ever. Dow, Nasdaq and S&P gain more than 11% after global crisis...

Some more maverick thinking

"Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market is a book by James K. Glassman and Kevin A. Hassett. It was published in 1999, shortly before the dot-com bubble burst, and predicted that the Dow Jones Index would rise to 36000 within a...

GM Stocks Drop to 58-year Low

More bad news on the market front: as the Dow tumbled today, shares of General Motors declined even faster and more dramatically -- to a 58 year low of $4.65.For real-time updates on this topic, check out our...

Dow Dips Below 8,000 As Bush Gives Economy Speech

The stock markets did close today with a slim bounce back from their previous fallen position." Stocks ended with slim declines Friday, as investors fought back from a decline of as much as 697 points on the Dow...

After record losses on the FTSE and Wall Street, how much worse can it get?

Wow now we have the hype and the problem is made to be 10 times worse than it really is. I wonder if the media realises its power of causing a real finacial melt down, people panic sell their shares move their money buy gold.   This sudden slump on the stocks and...

Dow Falls Below 9,600 as Banks Get Slammed

" The Dow dropped below 9,600 Monday after global markets took a pounding amid fear that the credit crisis is spreading around the globe. The Dow Jones Industrial Average was down more than 700 points, or 7 percent, falling through 10,000 and quickly breaching 9,900,...

Dow falls 300Points, Now Under 10,000-- Market Report - Oct. 6, 2008

" Stocks tumbled Monday, with the Dow Jones industrial average falling below 10,000 for the first time in nearly four years, as European governments' rush to prop up failing financial firms underscored the...

Is there still a Wall Street Crash to come? « Peter J. Cooper’s Weblog

" The Dow Jones last hit bottom at 7,000 points in 2003 and it is not unreasonable in current economic circumstances – which are surely very much worse than 2003 – to expect at least a return to those levels."

Dow slumps 7% on Black Monday, gold, dollar up « Peter J. Cooper’s Weblog

" But on Black Monday only one section of the stock market showed positive results: precious metal shares which had a leveraged gain on the gold price. In the choppy waters of financial markets this week there may be a chance for late-comers to the precious metals ball to...

Tech Stocks Drop as Market Plummets

The US stock market took a beating today as the House of Commons rejected the $700 billion bailout bill, as the DOW closed with the biggest point-loss on record.  Technology companies felt the pinch as it was...

Lion On Loose

A number of people called police in the north of Ireland on sunday claiming to have seen a Lion. Helicopters were scrambled. Police patrols were sent out. This went on for several hours. Local zoos were contacted but had no Lions missing. ...

The Bull Pulls the Bear out & Leaves The Dow down

ITS OFFICIAL - the Dow Jones has a bear loss on Wall Street as of today the Bull market is over. The loss of shares in one of America's and the world most influence able stock Market has been on the slide since its highest mark on October 9th, 2007 (14,164.5). Today's Dow...

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