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and off the cliff it goes...

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ProdigalJunkMail Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-27-08 03:00 PM
Original message
and off the cliff it goes...
http://money.cnn.com/data/markets/dow/?

just couldn't make it through the whole day...15:45...just damn!

sP
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fed_up_mother Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-27-08 03:01 PM
Response to Original message
1. Yeah, I clicked to refresh, and there it went!
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uppityperson Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-27-08 03:11 PM
Response to Reply #1
5. Me too. whoosh....
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phantom power Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-27-08 03:01 PM
Response to Original message
2. I'm beginning to suspect that our new floor is around 8000...
which would be better than some other scenarios. Probably too early to call for real, though.
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kurt_cagle Donating Member (294 posts) Send PM | Profile | Ignore Mon Oct-27-08 03:16 PM
Response to Reply #2
6. Floors made of (wet) cardboard
My suspicion is that any such trading floors (8000) will have all the durability of cardboard left in the rain for a while. This is just getting depressing.
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phantom power Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-27-08 03:25 PM
Response to Reply #6
8. It certainly seems like the financial world is still figuring out how bad...
things really are. While that's happening, I assume the markets will continue to be nuts.
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endarkenment Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-27-08 03:09 PM
Response to Original message
3. Day traders cashing out?
Seems to be pattern here of end of day sell off.
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ProdigalJunkMail Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-27-08 03:10 PM
Response to Reply #3
4. reminds me of a line from Trading Places...
"Margin call, Gentlemen..."

sP
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Liberal_in_LA Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-27-08 03:18 PM
Response to Original message
7. wow! It really dived off the cliff!
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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-27-08 04:20 PM
Response to Original message
9. Who was it that said 7000 was a fair value?
Rabouni?

Keiser?

I swear I heard one of them say that.
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