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View Full Version : Dow Jones is way down today



prepguide
11-07-2012, 03:33 PM
at 10:31 am CST the DJIA was down 337.31 (2.55%). Well there is the change that administration was speaking of. Europe is also generally down across the board but not to the same extent. Got preps?

Onestep
11-07-2012, 03:54 PM
I expected this with the outcome.

Willie51
11-07-2012, 05:10 PM
Dark clouds are over us and the storm is a brewin!

bacpacker
11-07-2012, 05:15 PM
Luckily I moved what little I have in my 401K to a money market account 2 weeks ago. No exposure to the market. Hell I'm considering pulling that out to pay off some debt.

I expect the market to continue down for the next couple months. Depending how the negotiations go on the spending cap and auto cuts that are upcoming, it could get severe and quick. Keep a close eye out because shit could start downhill at the drop of a hat.

Willie51
11-07-2012, 05:20 PM
I pulled completely out in September, so now I don't worry about what the market does except for crashing and the snowball effect from that. First time I've been out of the market in 20 years. Feels good.

- - - Updated - - -

If we got a new president, I was going back in, but........

Fatty
11-07-2012, 06:43 PM
down down down... that burning ring of fire...

prepguide
11-07-2012, 08:31 PM
Closed down 312, was down as much as 367 at one point. Be interesting to see what happens tomorrow.

bacpacker
11-07-2012, 09:07 PM
More of the same I'm afraid.

NWPilgrim
11-07-2012, 09:34 PM
Boehner is now offering to accept revenue increases, supposedly only those based on growth but once they concede anything like this they end up accepting actual tax rate increases. These are the same Repub leaders that ignored or ridiculed their own Tea Party members in 2010.

Didn't imagine the Repubs would rollover and offer their belly to Obama this quickly.

bacpacker
11-07-2012, 09:55 PM
I better not go into all the stuff I see that happened both leading up to this election and the crap coming shortly. I will get wayyyyy to political and don't want to cause issues and get banned.

Fatty
11-07-2012, 10:13 PM
Politics and blame don't matter anymore. EVERYONE will be affected. Even if they don't know it yet.

prepguide
11-08-2012, 04:45 PM
DJIA is down again so far today but no where near as bad as yesterday.

piranha2
11-08-2012, 08:15 PM
Good, as long as silver and gold creep their way up.

Jimmy24
11-09-2012, 03:14 AM
All I can say.....

TIC-TOC TIC-TOC TIC-TOC

Jimmy