4um: Dow drops 6 hundred plus points for a loss of 6.66% in the 6th worst trading day ever

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Title: Dow drops 6 hundred plus points for a loss of 6.66% in the 6th worst trading day ever
Source: The Definitive End Bar & Grill
URL Source: [None]
Published: Aug 8, 2011
Author: Rabbi Essostein
Post Date: 2011-08-08 17:15:36 by Esso
Keywords: None
Views: 2367
Comments: 33

Now who is it with the obsession with the number 6? It'll come to me in a minute. It's right on the tip of my tongue...
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Begin Trace Mode for Comment # 26.
#2. To: Esso (#0)
deleted

Eric Stratton posted on 2011-08-08 17:32:55 ET Reply Untrace Trace Private Reply
#14. To: Eric Stratton, Noone222 (#2)
How long ya think before the market gains it all back?

Probably never. Like Noone said, the Dow would have to get to 30,000, maybe 40 just to get back to where it was toward the end of the Clinton administration before the tech crash.
Doesn't really matter, Goldman Sachs and their HFT computer algos are systematically looting the markets and the country. It's not possible to win unless you're one of the insiders.

Esso posted on 2011-08-08 21:22:32 ET Reply Untrace Trace Private Reply
#18. To: All (#14)
Asia's crappin' out. Nikkei down 369, 4%. Gold 1,725.

Esso posted on 2011-08-08 21:41:28 ET Reply Untrace Trace Private Reply
#25. To: Esso (#18)
Look at the huge drop in the Jap Market ... I know it was over 14K

noone222 posted on 2011-08-09 5:22:20 ET Reply Untrace Trace Private Reply
#26. To: noone222 (#25)
I know it was over 14K

Not since June, 2008.

Esso posted on 2011-08-09 7:22:01 ET Reply Untrace Trace Private Reply
Replies to Comment # 26.
#27. To: Esso (#26)
I know it was over 14K
Not since June, 2008.

Yeah, I knew it had been awhile ... and it doesn't look like it will recover anytime soon. I think there was honor amongst thieves in the world of high finance ... that has been obliterated !

noone222 posted on 2011-08-09 07:27:30 ET Reply Untrace Trace Private Reply
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