DJIA at 10,962 – Can 10,600 be Far Behind?

Filed in National by on July 15, 2008

Can the country take another six months of George Bush?

Oh yeah…Thanks Mike Castle!

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Jason330 is a deep cover double agent working for the GOP. Don't tell anybody.

Comments (8)

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  1. mike w. says:
    July 15, 2008 at 5:16 pm

    Yes, it’s not going to fall apart in 6 months guys…

  2. arthur says:
    July 15, 2008 at 5:54 pm

    this isnt nearly the levels in the 90’s when nealry 50% fell

  3. liberalgeek says:
    July 15, 2008 at 5:59 pm

    10,600 is where it stood when GWB took office, correct?

  4. Delaware's Toughest Blogger says:
    July 15, 2008 at 6:24 pm

    arguementum adhominem!

  5. liz allen says:
    July 15, 2008 at 7:06 pm

    Impeachment just passed the house, on its way to Conyers and the Judiciary Committee…9 repubs voted for it….wanna bet one was mikey McCastle?

    Am waiting for the report, only one democrat voted against it.

  6. RAY K> says:
    July 15, 2008 at 7:37 pm

    My target for the dow is 7000, which would be a common retracement of 50% off it`s highs last august. I doubt it will happen quickly due to something the Fed uses called the plunge protection team.

    So rather than a quick slide down, it will be more like watching a block of ice melting in the july sun.

    If you would like to profit by this, as the super rich are now, look into buying DOG or SKF, both are short ETF,s that go up as the market and the financials go down.

  7. RAY K> says:
    July 15, 2008 at 8:04 pm

    One more comment, it`s encouraging to see liberals talking about the economy.
    If there is one place that the right wing moronic thinking of the conservatives causes more havoc than the economy,I have yet to find it.
    There absolute love of lassie fair free market deregulation has caused one serious depression already and is about to cause another.
    It is an absolute fact that the economy does much better under democratic stewardship than republican. The market fairs better also.
    Reasons are simple, Repubs take care of the top tier and the dems take care of the consumer. And in the words of Adam Smith in the wealth of nations, consumer wants are the engine that produces wealth.

  8. meatball says:
    July 15, 2008 at 8:05 pm

    The PPT is what has kept the Dow afloat this long. More big government tax dollars at work. Long live the free market.

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