Stocks fluctuate following week's sharp swings »
Posted By STONERS 1 year, 1 month ago in Business & FinanceWall Street remained tense Thursday, extending its huge slide as investors examined mixed economic and earnings data for clues about the economy. The Dow Jones industrials fell more than 170 points, and all the major indexes were seeing wide swings.
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STONERS1 year, 1 month ago
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"Stocks wavered at the start of trading, seeking a direction after the previous session's steep dive, then turned sharply lower after a disappointing report on manufacturing. Wednesday's drop, which took the Dow down 733 points, followed a stream of bad economic news that underscored the likelihood that the country is either in a recession or will be in one — and that the downturn will be severe."
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"It was clear from Thursday's trading that the market will continue having extreme reactions to any economic news." -
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jock3331 year, 1 month ago
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Hi everyone...I am John from Mexico...I have seen your forum...
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Nice information provided here which is very useful to everyone...The Dow Jones industrials fell more than 170 points, and all the major indexes were seeing wide swings....thanks for posting...Let me know more about this one.....
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amervtrn1 year, 1 month ago
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I originally posted this before the Scam Bailout( about three weeks ago ), since then things have accelerated, but that only lengthens the recovery time. In about a year and a half, when the real estate market is at 50 percent, and DOW has stabilized at between 7800-8000, NASDAQ 900-950, S 700-750, it will be the bottom. Then it will be safe to go back. Until then it is a Day trader's market. Gambler's paradise. The bailout is just a waste of resources. In fact it will compound the problem. Much like the physicians of old who would bleed the patient, to give the appearance of action. The Scam Bailout is an action to give the appearance of care and concern, but will in truth deplete needed resources for healing and extend the time required for recovery. We are looking at a very rough 3 to 6 years, according to who is president and how much more Socialistic debt is added.
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robertsanchez7189 months ago
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The stock market news constantly reports of hot stocks that are breaking out and making tremendous gains on the same day or doubling in price in just a few hours. Back in the bull market of the late 90's you could easily see a good number of hot stocks
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sprouting out every week.
Those years surely made it look like every body could easily take LONG SHOTS and make a shiny pile of gold every day in the stock market. But today's market is a different story. A totally different animal.
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