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Wooo-hooo! Shut down the NYSE! We can be just like Russia!

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phantom power Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 12:52 PM
Original message
Wooo-hooo! Shut down the NYSE! We can be just like Russia!
:woohoo:
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MercutioATC Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 12:56 PM
Response to Original message
1. Oh yes, terrible losses! A whole 50 points!
:eyes:

We were running down 300 all day. We bounced off of 675 down, but we're back at -350 and still climbing.

Relax, chicken little, it's gonna be o.k. :)
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bicentennial_baby Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 12:57 PM
Response to Reply #1
2. It was -701. actually, and now it's headed back down
currently at -489.99

:)
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Barack_America Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 01:00 PM
Response to Reply #2
3. And wait when they officially declare this dead.
They'll have to halt trading, I'll bet. These are people who are hopeful that people will change their votes and are trying to buy low.

Doesn't matter terribly affect me. By my boyfriend and I are paid via govt. grants and my mother already lost her job and is on unemployment due to this downturn.

But this is really, really bad for millions of Americans.
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MercutioATC Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 01:01 PM
Response to Reply #2
4. Yeah, it's gonna bounce a bit, but it's not even close to a crash.
We have over 700 points to go before we hit the 1st circuit breaker...and even then the market doesn't "shut down".
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