Dow Jones plops 600 points! :O

milano said:
Yay, buying opportunities coming soon!
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That what everyone said 2 weeks ago. After Lehman.

And on Friday when the bailout plan was still a possibility.

At the end of the day, when will be the bottom, still a way down IMHO.

Sept. 29 (Bloomberg) -- U.S. stocks plunged and the Standard & Poor's 500 Index tumbled the most since the 1987 crash after the House of Representatives rejected a $700 billion plan to rescue the financial system.

The Dow Jones Industrial Average slid 778 points for its biggest point drop ever as $1.1 trillion in market value was erased from American equities.
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:eek:
:eek:
:eek:
 
kiepie said:
And on Friday when the bailout plan was still a possibility.
At the end of the day, when will be the bottom, still a way down IMHO.
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You saying I might be eating out of bins for a while before I can take advantage? :eek: :D
 
kiepie said:
He could be referring to buying opportunities on local soil. ;)
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Yeah good luck with that one as well. Probably not a good time to buy. Global Recession is here now - only time will tel how much further all markets will plummet.

milano said:
You saying I might be eating out of bins for a while before I can take advantage? :eek: :D
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depends on how a recession affects you - maybe you're lucky and you can escape it...
 
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