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To paraphrase the line from Jaws, you're gonna need a bigger chart.... ;-)

The Dow closed at 12608.92 on the date of this quote (4/2). Today, six months and a couple days later, it closed at 9,447.11, or -25%. BTW, -30% from that date would be 8,836... Dow 9,000 is looking more realistic all the time... In fact, if anything, in another six months, a 50% decline...

For a more detailed analysis of the broader picture, I suggest reading this: http://www.amazon.com/When-Markets-Collide-Investment-Strategies/dp/0071592814

A follow up from my post on April 2: S&P500 touched 1200 today, which is 31% down from it's 52 week high of 1576 in October...and no bottom in sight. It did take 9 months to drop 30%, not six months, but we're also down 20% from the more recent May peak of 1440....and like I said, no bottom...

Just curious, but how's this working out lately? ;-)

1. Most of the cost of Iraq and Afghanistan is funded outside of the military budget, through budgetary supplements. 2. 2007 Military budget alone was $439Billion. 3. Clinton had nothing to do with either war...

That's really uncalled for. I know six-year-olds with better manners. It's a perfectly legitimate request for precisely the reason you yourself state.

It's amazing that some people still think they can say things like this, and somehow think that it makes any sense whatsoever. Do you realize how completely, and utterly stupid this makes you look?

I agree with you, but I also won't rule it out. (Pardon me if I prefer the broader S&P over the Dow): S&P August 28, 2000 Weekly high: 1530.01 S&P March 19, 2001 Weekly low: 1081.19 Change: -29.33% It rallied and then dropped like a rock like that two more times (although one of them...

Are you saying that the S&P was also over-saturated with tech, hence its 50%+ drop? Or that the 30 Dow mega-caps will be no more effected by a general financial crisis than they were by the tech bubble bursting? Even if that's true, what about the rest of the market? And even if that's true...

Funny, but I've been looking at that same chart for a couple weeks now, and then scaling it back to the peak in March 2000 which looks quite similar. If the impact of the credit crisis (bubble?) is anything like the tech bubble, and that certainly doesn't seem to be much of a stretch, it seems...

Well, for one thing, the President has no power to raise or lower taxes. Only the Congress can do that. He/she does have the ability to reduce spending by the executive branch, however the Republicans have consistently outspent their available revenue while pretending they'll reduce the size...

Great, let's expand the conspiracy theory to election politics, the CIA's involvement in 9/11 and area 51. Must be a slow news day out there...

How nice for you. I'm sure you feel very proud of yourself. Self-reliant. Superior, perhaps. With any luck, I hope the markets will give you your chance to do just that. Of course, we'd all like to hear how that works out for you too.

I'm no fan of Cramer's, but compared to much of the stuff I read in this forum, he's really quite rational and moderate. In both cases, occasionally I find some interesting, informative or even educational information, interspersed with a whole lot of crap.

http://en.wikipedia.org/wiki/Delusional_disorder Seek professional help. Seriously.

Reminds me of this: Herbert Hoover, State of the Union Address, December 3, 1929

But...most of that debt came from the spending on the war in Iraq, which has been proven to be a fraud, based on a collection of lies by the Bush administration, and exacerbated by untimely and in appropriate tax cuts for those who needed it the least, purely for political gain? Why, then...

Now that's funny. :D

So, you're saying Joey's getting rich? The poor risk their asses every day - whether that's in the war or at home isn't the point. But, with few exceptions, and as you just confirmed, the rich aren't lining up for that risk/reward ratio, now are they? Since you mention homework, let's...