How low can it go? World markets dropped lower this morning on news that the US Treasury was set to offer an additional $30 billion in loans to AIG, as the insurer is expected to announce later this morning of the biggest quarterly loss in its history of $60 billion.
I wouldn’t be at all surprised if the Dow closes at 6800 or so later this afternoon…
Monday, March 2, 2009
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3 comments:
DJ closed at 6763. The market is truly confident in Obama!!
The Dow has fallen 7,401 points since its highest close ever almost two years ago to the day, and 4,769 points alone in just six months.
I smell bargains!
GG
Dow closed at <6800 yesterday. Good call GG.
Doesn't every movie depicting military basic training show how it is designed to break down the man so that it can then build him back up?
Seems that everything the socialist scum and our poverty pimp in chief are doing is designed for just that purpose; destroy the capitalist American economy so it can be rebuilt in the socialist mold.
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