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mungo

The Dow/S&P Futures have hit their limit-down levels, down 548 and 60 respectively.

It's going to be a bumpy ride.

Nunes

The market seems to have leveled off actually. I'm sure there's a bunch of math and stuff I'm not familiar with at all, but just based on the charts, the market dropped off a SHITLOAD earlier, but now you see some positive and negative days, and throughout the day it goes from up to down to up, and each day the size of the fluctuations gets a bit smaller. I thought we were seeing the end of the decline and we were just in for a decade or so of stagnation.

Would you mind elaborating on what a limit-down level is?

redbone

QUOTE (ANunes @ Oct 24 2008, 09:32 AM) <{POST_SNAPBACK}>

The market seems to have leveled off actually. I'm sure there's a bunch of math and stuff I'm not familiar with at all, but just based on the charts, the market dropped off a SHITLOAD earlier, but now you see some positive and negative days, and throughout the day it goes from up to down to up, and each day the size of the fluctuations gets a bit smaller. I thought we were seeing the end of the decline and we were just in for a decade or so of stagnation.

Would you mind elaborating on what a limit-down level is?

Just think of it with a little reverse directional analogy: the shit has hit the fan.

Nunes

What's caused the sudden lack of faith guys? Weren't you both saying that things weren't that bad when they passed the rescue bill and the bottom fell out from the DOW?

JeddHampton

Don't worry Andrew. They are planning on giving them more money. It'll all work out.

azn mike

YAY THROW MONEY AT PROBLEMS!

Nunes

It "worked" in Iraq. If you believe the hype.

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Howdy, Stranger!

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