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Wall Street has Worst Day Since 2008 Crash – Dow Down 512 Points

admin — Fri, 05 Aug 2011 03:19:55 +0000

Looks like there is fear of another recession. The Dow Jones fell 512 Points today, and this was the 9th steepest points decline in history. This major sell off took away all the gains we had earlier in the year. The Dow as lost more than 1300 points since July 21st.

This is the biggest Wall Street Crash since October of 2008. Rather than calming down concerns, the debt deal seemed to do the opposite. Look for further losses in the coming days as traders look at the overall economy and job market.

It’s not about helping banks. It’s about Helping People

admin — Wed, 25 Feb 2009 02:40:41 +0000

President Barack Obama says, it’s not about helping banks, it’s about helping people. He just said it twice while addressing Congress. I bet that is a headline in the paper tomorrow morning. Any takers? I’ve been watching the futures Markets as he’s been talking. Not much volatility at the moment. I just hope avoid another Crash on Wall Street tomorrow morning.

Theory of secular bear market gets renewed attention

admin — Thu, 20 Nov 2008 01:53:14 +0000

AlaskaReport

Theory of secular bear market gets renewed attention
Toledo Blade, OH - Nov 18, 2008
Millions of American investors are grimly fascinated by the stock market these days. And they're wondering how long they'll have to wait for some semblance ...
Video: Wall Street Ends Turbulent Week Sharply Lower AssociatedPress
NYSE, Big Board in the Wall Street (part 1) Ecommerce Journal
all 2,518 news articles

Oct 24, 1929 – Wall St crash

admin — Sun, 16 Nov 2008 07:45:25 +0000

Telegraph.co.uk

Oct 24, 1929: Wall St crash
Telegraph.co.uk, United Kingdom - Oct 24, 2008
... note of events that took place 79 years ago today – the omens facing global markets are eerily similar to those surrounding the 1929 Wall Street Crash. ...

Inflation? Deflation? Staglation? Or all three?

admin — Sun, 16 Nov 2008 07:45:25 +0000

Inflation? Deflation? Staglation? Or all three?
Workers World - Nov 13, 2008
... months after the October 1987 crash, Sam Marcy, founding chairperson of Workers World Party, wrote the pamphlet “Wall Street Crash—What does it mean? ...

Dow slides 312 points on 79th anniversary of Wall Street Crash

admin — Sun, 16 Nov 2008 07:45:25 +0000

ABC News

Dow slides 312 points on 79th anniversary of Wall Street Crash
Telegraph.co.uk, United Kingdom - Oct 24, 2008
Wall Street clawed back heavy early losses to close down 312.3 points on the 79th anniversary of the Wall Street Crash of 1929 as investors reacted to a ...
Stocks fall on recession fears New York Daily News
Dow tumbles on 79th anniversary of Wall Street Crash Telegraph.co.uk
all 518 news articles

Stock market is driven by emotion

admin — Wed, 12 Nov 2008 19:02:00 +0000

"Wall Street runs on two emotions: greed and fear. The first drives the bull market right up to the point of a crash, when it is replaced almost instantaneously by the second."

What tech-industry CEOs are saying about the economy

admin — Tue, 28 Oct 2008 14:02:37 +0000

Until September, the U.S. tech industry appeared insulated from the year-long economic slowdown. Most of the 20 largest U.S. tech firms reported solid second-quarter earnings in July and August, and they were projecting continued growth in sales through the year-end. Then Wall Street crashed.

Wall Street marks grim anniversary of 1929 crash – The Associated Presstall89

admin — Tue, 28 Oct 2008 03:58:39 +0000

HispanicBusiness.com

Wall Street marks grim anniversary of 1929 crash
The Associated Press - 6 hours ago
After the rough years following World War I, the unprecedented growth of the Roaring Twenties sent the stock market soaring a staggering 667 percent, ...
Oct 24, 1929: Wall St crash Telegraph.co.uk
all 74 news articles

The crash and you

admin — Fri, 24 Oct 2008 20:59:12 +0000

Who are most likely to be affected by the stock crash? Anybody who parked his money in a tradeable security is going to feel the heat. But there are some sectors that have been badly singed: real estate, infotech and banking.