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Dow Drops Below 10,000
Vanity | 4 Jun 2010 | self

Posted on 06/04/2010 9:14:42 AM PDT by DoctorBulldog

I was watching the stock market, and the dow just dipped below 10,000 (9,989). Not looking good for Obama.


TOPICS: Business/Economy
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1 posted on 06/04/2010 9:14:42 AM PDT by DoctorBulldog
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To: DoctorBulldog

Burn baby burn!!!


2 posted on 06/04/2010 9:15:04 AM PDT by C19fan
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To: DoctorBulldog

I feel a little guilty enjoying this. But knowing it reflects badly on Obama makes me feel good.


3 posted on 06/04/2010 9:15:31 AM PDT by ilovesarah2012
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To: DoctorBulldog

So buy now, or wait for even lower prices?


4 posted on 06/04/2010 9:15:40 AM PDT by proxy_user
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To: DoctorBulldog

B-b-b-b-but unemployement is ONLY 9.7% and Biden said all was well!


5 posted on 06/04/2010 9:16:21 AM PDT by Army Air Corps (Four fried chickens and a coke)
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To: ilovesarah2012

Dems did a lot worse in hoping for failure in Iraq.


6 posted on 06/04/2010 9:16:22 AM PDT by C19fan
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To: DoctorBulldog

This trading range sucks for me. I need it/want it to drop down further before I buy more. I’m looking for DOW 7000. I’m looking for FCX @ 50 or less. Otherwise I’m on the sidelines, holding my position. I don’t have the time or inclination to play these 300 point swings. It’s good for the pros though. A lot of churn.


7 posted on 06/04/2010 9:16:38 AM PDT by Huck (Q: How can you tell a party is in the majority? A: They're complaining about the fillibuster.)
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To: proxy_user

Wait.

We are going to enter a double-dip recession. The best time to buy will be when the Dow is on the upward swing of 5,000.

Cheers


8 posted on 06/04/2010 9:17:19 AM PDT by DoctorBulldog (Here, intolerance... will not be tolerated! - South Park)
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To: DoctorBulldog
Damn you, George W. Bush!
9 posted on 06/04/2010 9:17:24 AM PDT by E. Pluribus Unum ("The only stable state is the one in which all men are equal before the law." -- Aristotle)
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To: DoctorBulldog

thats because they know we have a scammer in the WH


10 posted on 06/04/2010 9:17:38 AM PDT by dalebert
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To: ilovesarah2012

I feel guilty too, remember back in the day when we used to say, “Bad news for America means good news for Democrats”?


11 posted on 06/04/2010 9:18:31 AM PDT by RatsDawg
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To: DoctorBulldog
The problem is, while it's not looking good for Obama, we're the ones who are getting screwed by his economy.
12 posted on 06/04/2010 9:18:42 AM PDT by highlander_UW (Education is too important to leave in the hands of the government.)
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To: DoctorBulldog

Obama? I think you mean all of us.


13 posted on 06/04/2010 9:19:00 AM PDT by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: proxy_user
So buy now, or wait for even lower prices?

That's the question, right? I'm just a layman/hobbyist, but I'm waiting. I bought right after the big crash in 08 (how time flies). I want to see the extreme lows tested. Then I'll buy. If it never comes, oh well. But they're stuck in a volatile range right now. It has to break out up or down. I'm guessing down, and waiting. I might get impatient and buy on the way down a bit if they hang a 7 on the DOW, or even a low 8, but that's ok.

14 posted on 06/04/2010 9:19:19 AM PDT by Huck (Q: How can you tell a party is in the majority? A: They're complaining about the fillibuster.)
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To: All

Damn just crept back over 10,000. The plumbers are back in action, hee hee.


15 posted on 06/04/2010 9:19:50 AM PDT by C19fan
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To: DoctorBulldog

Is it time to empty out the 401K?


16 posted on 06/04/2010 9:19:57 AM PDT by angcat (GOD SAVE US!)
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To: angcat
Is it time to empty out the 401K?

The Obama Administration, aided by a willing Democrat Party held congress, will be along shortly to do that for you.

17 posted on 06/04/2010 9:20:57 AM PDT by Michael Barnes (Call me when the bullets start flying.)
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To: C19fan

True


18 posted on 06/04/2010 9:21:41 AM PDT by ilovesarah2012
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To: Michael Barnes

LOL Thanks for the vote of confidence.


19 posted on 06/04/2010 9:22:11 AM PDT by angcat (GOD SAVE US!)
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To: DoctorBulldog
Whatever. It's only money. You know, jobs and stuff like that.

Let's take a lesson from Dear Reader and party like it's 1969.

20 posted on 06/04/2010 9:22:22 AM PDT by RetroSexual
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