DOW about to test 8000

Maybe it will hold maybe it won't. Should be very interesting.

 

DOW is going to test new lows.

 

812.50 is more important on the S&P, than DOW 8K, are you a CNBC muppet?

I would rather talk about MADE-OFF's cufflinks.

Another usless thread!

 

We'll probably rebound soon though. The economny is still fundamentally strong. People need to spend more and save less. The houshold savings is at 3-4%, which is hurting the economy to some degree because it used to be negative.

 

What about 815? It just broke.

 

We just broke 8,000

 

A close below 815.25 is reallllllly not a good thing!

 

13-Nov-08 8,281.14 8,898.41 7,947.74 8,835.25 7,849,120,000 8,835.25
12-Nov-08 8,684.52 8,684.52 8,235.66 8,282.66 5,764,180,000 8,282.66
11-Nov-08 8,864.32 8,892.20 8,499.62 8,693.96 4,998,340,000 8,693.96

note the 13th when it broke 8K

 

http://www.usatoday.com/money/economy/2009-01-15-obama-bailout_N.htm

There will be more stimulus and bailouts. BAC won't be allowed to fail and that should be good for a nice rally.