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To: Rufus2007

Since its nomination: The DOW has actually lost 7,000 points.

Why only the “2000 point loss” that NBC claims?


2 posted on 03/05/2009 11:42:47 AM PST by Robert A Cook PE (I can only donate monthly, but socialists' ABBCNNBCBS continue to lie every day!)
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To: Robert A. Cook, PE

Sir Engineer, I believer your tagline answers your question.


6 posted on 03/05/2009 11:44:28 AM PST by EyeGuy
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To: Robert A. Cook, PE

My guess is that they are accounting for the Subprime unwinding and other factors that were already in play. I don’t think there was ever a question that the market was due for some rough weather. These guys are just saying that the 0 is making things worse, to the tune of 2000 points.


9 posted on 03/05/2009 11:47:30 AM PST by Little Pig (Is it time for "Cowboys and Islamofanatics" yet?)
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To: Robert A. Cook, PE
Since its nomination: The DOW has actually lost 7,000 points.

Nonsense. How could the Dow drop 7000 points, It is at 6,625 now. When was it 13,625?

11 posted on 03/05/2009 11:50:16 AM PST by kabar
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To: Robert A. Cook, PE

I think he means that the market would be 2000 higher than it is today without Obama being a moron.


12 posted on 03/05/2009 11:52:25 AM PST by RockinRight (How do you like your Savior now, libs? Looks like Jimmy Carter is no longer the worst President...)
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To: Robert A. Cook, PE
If you trendline the Dow from say 1990 to today based on history, you get about 8000-9000.

The gap between 9000 and 14000 is cheap credit funny money that was destined to die no matter how conservative the new president.

The drop below 8000 can be attributed to Obama.

13 posted on 03/05/2009 11:52:52 AM PST by Notary Sojac
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To: Robert A. Cook, PE

There will be no recovery until Obozo is out of office.

NO RECOVERY, NONE until he is out of office.


24 posted on 03/05/2009 12:03:16 PM PST by Texas Fossil
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To: Robert A. Cook, PE

What nonsense.

Obama is not doing anything positive for the markets, but the last time the Dow was at 14,000 was in the fall of 2007.


26 posted on 03/05/2009 12:08:00 PM PST by Red in Blue PA (If guns cause crime, then all of mine are defective.)
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To: Robert A. Cook, PE

Since the just before Obama took office.

In the time that Obama has been in office, the market is off from 7949 (closing DJIA on 1/20) to what looks like it will be a close in the 6600+ area today.

The loss since last summer into November - that’s the banking system collapse. Much of that selling was huge short positions being laid on and huge fear being generated.


29 posted on 03/05/2009 12:10:48 PM PST by NVDave
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To: Robert A. Cook, PE

ABB?


44 posted on 03/05/2009 12:28:44 PM PST by Hacklehead (Liberalism is the art of taking what works, breaking it, and then blaming conservatives.)
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To: Robert A. Cook, PE
2000 is what's been lost since Zero actually took the government over from Bush.
54 posted on 03/05/2009 12:56:00 PM PST by colorado tanker (Oh my God, am I hoping for change.)
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