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How much will DJIA drop tomorrow?

 
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Aske
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How much will DJIA drop tomorrow?
« on: January 21, 2008, 01:43:08 PM »
i'm thinking 3-4%  .
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gleek
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Re: How much will DJIA drop tomorrow?
« Reply #1 on: January 21, 2008, 02:00:39 PM »
TGIMLKD
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Re: How much will DJIA drop tomorrow?
« Reply #2 on: January 21, 2008, 02:07:20 PM »
Quote
Dow Jones industrial average futures on Monday dropped 546 points or 4.5 percent. Should the Dow close lower on Tuesday by the amount the futures suggest, it would rank as the fourth-largest point loss ever for the blue-chip index.

S&P 500 futures were down 62.5 points, or 4.7 percent. Nasdaq 100 futures slid 77.5 points, or 4.2 percent.

http://news.yahoo.com/s/n...olumn_stocks_outlook_dc_1

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Aske
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Re: How much will DJIA drop tomorrow?
« Reply #3 on: January 21, 2008, 02:13:34 PM »
Quote from: gleek on January 21, 2008, 02:07:20 PM
Quote
Dow Jones industrial average futures on Monday dropped 546 points or 4.5 percent. Should the Dow close lower on Tuesday by the amount the futures suggest, it would rank as the fourth-largest point loss ever for the blue-chip index.

S&P 500 futures were down 62.5 points, or 4.7 percent. Nasdaq 100 futures slid 77.5 points, or 4.2 percent.

http://news.yahoo.com/s/n...olumn_stocks_outlook_dc_1

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time to diversify that 401k plan a bit more huh ?
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Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
Aske
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Re: How much will DJIA drop tomorrow?
« Reply #4 on: January 21, 2008, 02:14:53 PM »
so adjusted for inflation, how much is it down since you know who took control.
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Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
gleek
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Re: How much will DJIA drop tomorrow?
« Reply #5 on: January 21, 2008, 02:15:13 PM »
Quote from: Aske on January 21, 2008, 02:13:34 PM
Quote from: gleek on January 21, 2008, 02:07:20 PM
Quote
Dow Jones industrial average futures on Monday dropped 546 points or 4.5 percent. Should the Dow close lower on Tuesday by the amount the futures suggest, it would rank as the fourth-largest point loss ever for the blue-chip index.

S&P 500 futures were down 62.5 points, or 4.7 percent. Nasdaq 100 futures slid 77.5 points, or 4.2 percent.

http://news.yahoo.com/s/n...olumn_stocks_outlook_dc_1

 Shocked

time to diversify that 401k plan a bit more huh ?
 Sad

Time to go 100% cash. Oh wait. That's not safe either.  Sad
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gleek
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Re: How much will DJIA drop tomorrow?
« Reply #6 on: January 21, 2008, 02:52:11 PM »
Does fear of a recession generally end up becoming self-fulfilling prophecy?
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stroh
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Re: How much will DJIA drop tomorrow?
« Reply #7 on: January 21, 2008, 02:55:00 PM »
Anyone?  Anyone?
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Uisce Beatha
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Re: How much will DJIA drop tomorrow?
« Reply #8 on: January 21, 2008, 03:01:52 PM »
Eleventy-first.
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Re: How much will DJIA drop tomorrow?
« Reply #9 on: January 21, 2008, 03:03:52 PM »
Quote from: stroh on January 21, 2008, 02:55:00 PM
Anyone?  Anyone?
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hobbit
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Re: How much will DJIA drop tomorrow?
« Reply #10 on: January 21, 2008, 03:04:34 PM »
Quote from: gleek on January 21, 2008, 02:52:11 PM
Does fear of a recession generally end up becoming self-fulfilling prophecy?

In some ways, yes.  It certainly makes matters worse anyway.

DOW and S&P? I'm not looking - it may make me cry.
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Re: How much will DJIA drop tomorrow?
« Reply #11 on: January 21, 2008, 03:15:22 PM »
Quote from: gleek on January 21, 2008, 02:52:11 PM
Does fear of a recession generally end up becoming self-fulfilling prophecy?
Don't people become most afraid of it when it is indeed impending (i.e., as a common and recurring correction/cycle event that indicators point to as imminent)?
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Aske
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Re: How much will DJIA drop tomorrow?
« Reply #12 on: January 21, 2008, 09:36:29 PM »
http://bloomberg.com/markets/asia_index.html

holy *feces*,  maybe we should make that 14%.  those futures buys at 5%.   Disgusted
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Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
Aske
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Re: How much will DJIA drop tomorrow?
« Reply #13 on: January 21, 2008, 09:40:40 PM »
Quote from: hobbit on January 21, 2008, 03:04:34 PM
Quote from: gleek on January 21, 2008, 02:52:11 PM
Does fear of a recession generally end up becoming self-fulfilling prophecy?

In some ways, yes.  It certainly makes matters worse anyway.

DOW and S&P? I'm not looking - it may make me cry.


well, i think it depends on WHY the recession is feared, but yes, in general ...
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Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
gleek
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Re: How much will DJIA drop tomorrow?
« Reply #14 on: January 21, 2008, 09:50:35 PM »
http://news.yahoo.com/s/n..._nm/markets_global1_dc_15

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Billionaire investor George Soros said the world was facing the worst financial crisis since World War Two and the United States was threatened with recession, according to an interview with the Austrian daily Standard.

"We really do have a serious financial crisis now," Soros was quoted as saying.

I wish I could be as upbeat has Hobbit and Ben Stein, but things aren't looking too good right now.

On the bright side...
Quote
Oil deepened losses as global stock markets tanked. London's Brent crude fell 16 cents to $87.35 a barrel by 0300 GMT, while U.S. crude traded down 2.3 percent at $88.52 a barrel.
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