tubby_mcgee 686 Posted March 5, 2009 Headed to below 4,000?. LOOK OUT BELOWWWWWWWWWWWWWWWWWWWWW! Share this post Link to post Share on other sites
tikigods 76 Posted March 5, 2009 That's great, it starts with an earthquake, birds and snakes, an aeroplane - Lenny Bruce is not afraid. Eye of a hurricane, listen to yourself churn - world serves its own needs, regardless of your own needs. Feed it up a knock, speed, grunt no, strength no. Ladder structure clatter with fear of height, down height. Wire in a fire, represent the seven games in a government for hire and a combat site. Left her, wasn't coming in a hurry with the furies breathing down your neck. Team by team reporters baffled, trump, tethered crop. Look at that low plane! Fine then. Uh oh, overflow, population, common group, but it'll do. Save yourself, serve yourself. World serves its own needs, listen to your heart bleed. Tell me with the rapture and the reverent in the right - right. You vitriolic, patriotic, slam, fight, bright light, feeling pretty psyched. It's the end of the world as we know it. It's the end of the world as we know it. It's the end of the world as we know it and I feel fine. Six o'clock - TV hour. Don't get caught in foreign tower. Slash and burn, return, listen to yourself churn. Lock him in uniform and book burning, blood letting. Every motive escalate. Automotive incinerate. Light a candle, light a motive. Step down, step down. Watch a heel crush, crush. Uh oh, this means no fear - cavalier. Renegade and steer clear! A tournament, a tournament, a tournament of lies. Offer me solutions, offer me alternatives and I decline. It's the end of the world as we know it. It's the end of the world as we know it. It's the end of the world as we know it and I feel fine. The other night I tripped a nice continental drift divide. Mount St. Edelite. Leonard Bernstein. Leonid Breshnev, Lenny Bruce and Lester Bangs. Birthday party, cheesecake, jelly bean, boom! You symbiotic, patriotic, slam, but neck, right? Right. It's the end of the world as we know it. It's the end of the world as we know it. It's the end of the world as we know it and I feel fine...fine... Share this post Link to post Share on other sites
Recliner Pilot 61 Posted March 5, 2009 What's the big deal, Obama claims the DOW is just another "tracking poll". Share this post Link to post Share on other sites
kutulu 1,551 Posted March 5, 2009 It's only a paper loss. Share this post Link to post Share on other sites
tikigods 76 Posted March 6, 2009 This is almost as bad as what market did under Reagan in 1987. The stock market crash of 1987 was the largest one day stock market crash in history. The Dow lost 22.6% of its value or $500 billion dollars on October 19 th 1987! In order to understand the crash, we must first study the cause. 1986 and 1987 were banner years for the stock market. These years were an extension of an extremely powerful bull market that started in the summer of 1982. This bull market had been fueled by hostile takeovers, leveraged buyouts and merger mania. Companies were scrambling to raise capital to buy each other out, in essence. The philosophy of the time was that companies would grow exponentially simply by constantly purchasing other companies. In leveraged buyouts, a company would raise massive amounts of capital by selling junk bonds to the public. Junk bonds are simply bonds that have a high risk of loss, so they pay a high interest rate. The money raised by selling junk bonds, would go towards the purchase of the desired company. IPOs were also becoming a commonplace driver of the markets. An IPO is when a company issues stock for the first time. “Microcomputers” were also a top growth industry. People started to view the personal computer as a revolutionary tool that will change our way of life, and create wonderful profit opportunities. The investing public was caught up in a contagious euphoria, similar to that of any other bubble and market crash in history. This euphoria made people, once again, believe that the market would always go up. Share this post Link to post Share on other sites
Recliner Pilot 61 Posted March 6, 2009 This is almost as bad as what market did under Reagan in 1987. Glad you brought that one day snapshot of the market, Tiki. Share this post Link to post Share on other sites
buffalobillsffl2003 0 Posted March 6, 2009 The stock market crash of 1987 was the largest one day stock market crash in history. The Dow lost 22.6% of its value or $500 billion dollars on October 19 th 1987! In order to understand the crash, we must first study the cause. That was the day my Commodore 64 barfed. Share this post Link to post Share on other sites
tubby_mcgee 686 Posted March 6, 2009 This is almost as bad as what market did under Reagan in 1987. The current stock market prices are all based on the current price of silver. Share this post Link to post Share on other sites
RLLD 3,455 Posted March 6, 2009 [RP] Its just another cycle, why are you claiming all this doom and gloom???[/RP] Share this post Link to post Share on other sites
