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Well, I wouldn't equate a single day's loss to mean much. The DOW is going to get lower and lower, even if it has a few blips here and there. The key is this:
by run4yourlives 18y ago
Well, I wouldn't equate a single day's loss to mean much. The DOW is going to get lower and lower, even if it has a few blips here and there.
The key is this: The DOW dropped 500 points because nothing happened. Theoretically, the markets are in the exact same position they were in Friday, yet they fell.
Once more Wachovias start pilling up, that's when you'll see the slide begin.
- prospero 18y agoSame exact position as Friday, minus the prospect of $700 billion. That's not a trivial difference.
- run4yourlives 18y agoI'm not suggesting it's trivial. I'm simply suggesting that the worst is probably yet to come.