Dow drops 250 in early trading on earnings woes »
Posted By STONERS 8 months, 2 weeks ago in Business & Finance
Wall Street tumbled again Wednesday as investors shifted their focus from improving credit markets to worrisome corporate profit forecasts that are raising fears of a deep economic slowdown. The major indexes fell more than 1 percent, including the Dow Jones industrial average, which lost 250 points.
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STONERS8 months, 2 weeks ago
"While reduced strains in world credit markets have eased some investors' nervousness about the economy, market anxiety remains high as hundreds of companies this week release third-quarter results and in some cases fourth-quarter forecasts that offer a glimpse of the rough conditions that may lay ahead."
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cleare8 months, 2 weeks ago
i literally feel like i'm on a roller coaster ride...a thrill one minute, then a plunge...g-forces holding you back as you rise another summit just to be plunged back in a vertical dive.
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jolted side by side and it seems to go on forever.
i used to like roller coasters. -
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HateKoolAid8 months, 2 weeks ago
It's a roller coaster ride because speculators are ruling the stock market right now. It's the old buy low,sell high game these days. If you choose right and time it right, your a millionaire overnight...or a pauper if you don't.
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