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Old 10-10-2008, 03:02 AM   #1
stevo
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Markets around the world dropping...

Almost every international market is down 7-10%.

CNN morning news even started early - with Breaking Financial News.

Is the Dow going to drop below 8000 today? I'm sure President Bush's speech today will help calm the sell-off!
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Old 10-10-2008, 03:07 AM   #2
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Dow futures are down -300 points. This is gonna be a historic day, week, month, year, decade.
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Old 10-10-2008, 03:07 AM   #3
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Why are you surprised?
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Old 10-10-2008, 03:11 AM   #4
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all this shit was over priced anyway.
sounds like a good time to make a killing!
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Old 10-10-2008, 03:21 AM   #5
stevo
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Originally Posted by digifan View Post
Why are you surprised?
Not surprised. In fact i even posted/predicted yesterday that the DOW will probably bounce off of 7500 .

If it falls below 7500, then i'll be surprised and worried - for then the charts show very little support.
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Old 10-10-2008, 03:33 AM   #6
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GE just released earnings - met expectations - future outlook is still on track...
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Old 10-10-2008, 03:38 AM   #7
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GE just released earnings - met expectations - future outlook is still on track...
I bought a buncha GE stock yesterday morning. It promptly fell 8% the first day.
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Old 10-10-2008, 03:55 AM   #8
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Originally Posted by ADL Colin View Post
I bought a buncha GE stock yesterday morning. It promptly fell 8% the first day.
GE chart is looking pretty ugly - 10+ year low. I'm seeing some minor support at $16/$17. Todays news might keep it above.
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