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DOW Close 7,949.09 down -332.13 -4.01% 1/20/09

Submitted by SSgT_AF on Tue, 01/20/2009 - 13:48
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Wow. Just wow. Welcome to the economy MR. Soetoro.

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Stocks Slide in Dow Average’s Worst Inauguration Day Drop

Submitted by SteveMT on Tue, 01/20/2009 - 17:28.

We are in Big Trouble.

Jan. 20 (Bloomberg) -- U.S. stocks sank, sending the Dow Jones Industrial Average to its worst Inauguration Day decline, as speculation banks must raise more capital sent financial shares to an almost 14-year low.

State Street Corp., the largest money manager for institutions, tumbled 59 percent after unrealized bond losses almost doubled. Wells Fargo & Co. and Bank of America Corp. slumped more than 23 percent on an analyst’s prediction that they’ll need to take steps to shore up their balance sheets. The Dow’s 4 percent slide was the most on an Inauguration Day in the measure’s 112-year history, according to data compiled by Bloomberg and the Stock Trader’s Almanac.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aOYw.aww...

Change you can believe in

Submitted by paul4won on Tue, 01/20/2009 - 17:14.

because you hear it jingle in your pocket. Its all you've got...

—

Truth exists, and it deserves to be cherished.

Damn. Maybe if the market

Submitted by dom7p on Tue, 01/20/2009 - 16:43.

Damn. Maybe if the market crashes, they wont be able to pass a stimulus package because the dollar will be crashing with it? Should I go out and increase my food stock pile now. Things will start to get real expensive. I heard oil finished below 33/barrel yesterday. Isn't that really bad? And is inflation driving up the price of gas?

—

"Every generation needs a new r3VOLution"- Thomas Jefferson

It was a fugly day on the street

Submitted by Jim Brown on Tue, 01/20/2009 - 16:17.

"Reality is the leading cause of stress amongst those in touch with it."
--Jane Wagner

—

A Republic, If You Can Keep It

Well, I'll be damned! I

Submitted by defe07Ω™ on Tue, 01/20/2009 - 15:59.

Well, I'll be damned! I predicted that SHTF once the Dow goes under the 8,000 mark.

So

Submitted by celeste on Tue, 01/20/2009 - 15:54.

Did Bush and Co get a golden parachute ?

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"Obamney care," Nuff said.

finally

Submitted by redkhmer on Tue, 01/20/2009 - 15:47.

I'm making some dough by buying these PUTS last week. I hope it tanks to 6000 or lower.

Looks like Alex Jones was right again

Submitted by sentinel on Tue, 01/20/2009 - 15:37.

He predicted the Dow would Tank on inauguration day and get worse the rest of the week.
~Mikael / Peace, love, Light and unity ~

—

~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~
Stop the NWO....It's just illumi..Naughty !

not exactly

Submitted by redkhmer on Tue, 01/20/2009 - 15:49.

He and some guests suspected they might jack up the markets artificially for the next few weeks maybe months before sinking it again.
I'm glad I bought some puts last week.

I'll find you the article.

Submitted by sentinel on Tue, 01/20/2009 - 16:00.

~Mikael / Peace, love, Light and unity ~

—

~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~
Stop the NWO....It's just illumi..Naughty !

8,006.76 down -274.46 -3.31% 3:33 eastern

Submitted by meekandmild on Tue, 01/20/2009 - 15:33.

Back over 8000, the new PPT must have been sworn in.

Meek

Submitted by SSgT_AF on Tue, 01/20/2009 - 15:47.

What website you using to monitor the market?

Oh

Submitted by SSgT_AF on Tue, 01/20/2009 - 16:02.

I like that one.

Don't blame me ...

Submitted by northstar on Tue, 01/20/2009 - 15:30.

I voted for Ron Paul :-)

-
Show your support on the Ron Paul Map !
People worldwide support Dr. Paul too :-)
http://www.pollingmatrix.com

—

Real eyes realize real lies

2012, we want our country back

2012 is the year for Ron Paul!

MSM Report: http://www.msmreport.com/

7,952.91 down -328.31 -3.96%

Submitted by meekandmild on Tue, 01/20/2009 - 15:21.

3:20 eastern 1/20/09

the markets are talking

Submitted by QuestionAuthority on Tue, 01/20/2009 - 15:19.

The markets are talking and they are expressing their displeasure with the impending deficit spending and government waste.
The more we spend bailing out irresponsibility and apathy the longer the pain will last.
Most of us learn about supply and demand in high school. So why is it this congress thinks its ok to keep printing up money and borrowing? Surely they must know the outcome of that policy.
So if they know what the effect will be, WHY are they deliberately sabotaging the dollar? Is it more than a blatant attempt to extract wealth from the nation and lower our debts where set in dollars?

If my government can arrest me for not paying taxes, how come I cant arrest my government for not obeying their oaths to defend the constitution?

The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants

—

The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants

You are correct the markets

Submitted by SWAN213 on Tue, 01/20/2009 - 15:28.

You are correct the markets are talking! They are saying we don't want this spending spree.

I have my own little theory. I think that our revolution will come about when people lose everything, i.e. stock market, jobs, trust in politicians.... Only then will people wake up and take a stand. This is why I want the market to tank.

“Paper money eventually returns to its intrinsic value - zero”. Voltaire-1729
www.4HUTS.com

—

“Paper money eventually returns to its intrinsic value - zero”. Voltaire-1729
www.4HUTS.com

talk about government

Submitted by SIERRAHPBT on Tue, 01/20/2009 - 15:28.

talk about government spending and waste.. how about 170 million for this inauguration crap! If i WERE the prez.. I would have cancelled everything and saved the money!

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain

—

“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)

Hey McCain-----┌П┐(◣_◢)┌П┐

EXACTLY

Submitted by herbrp on Tue, 01/20/2009 - 17:40.

Just pissing money away. Today demonstrates the essence of the ignorance in this country. Tens of millions cheering on the death of their freedoms completely ambivalent that the market drops 300+ points on inauguration day. Idiots.

—

beephree

Could this be the test?

Submitted by SSgT_AF on Tue, 01/20/2009 - 15:23.

Are they finally letting this boulder fall down the hill onto the proles?
It is lined up with the prophecy put forth by Biden an Powell.
BTW
Anyone like to look at charts?
This thing is flat lining

7,985.01 down -296.21 -3.58%

Submitted by meekandmild on Tue, 01/20/2009 - 15:16.

3:15 ET

I think maybe the whole "the size of gummint doesn't matter"

Submitted by celticavenger on Tue, 01/20/2009 - 15:09.

thingee might have spooked some investor types.

7992.90 -288.32 -3.48

Submitted by SWAN213 on Tue, 01/20/2009 - 15:08.

7992.90 -288.32 -3.48

Yippie

“Paper money eventually returns to its intrinsic value - zero”. Voltaire-1729
www.4HUTS.com

—

“Paper money eventually returns to its intrinsic value - zero”. Voltaire-1729
www.4HUTS.com

8021.41 -259.81 (-3.14%) Jan 20 2:49pm ET

Submitted by Susan on Tue, 01/20/2009 - 14:51.

Is this due the UK article stating UK Banks Insolvent?
Shouldn't it be up right now due to the new King's Coronation.....