Dow Plunges 350 points

money.cnn.com...

The Dow Jones market fell today 350 points, 3 % today, and has dropped 19.1% from the most recent high in 2006. We are in serious trouble here folks! No one is even being optimistic now, they are frankly admitting we have not hit rock bottom yet and more troubles are looming for the big banks!

reply to post by kupoliveson


IMHO watch the 11000 level. If the Dow falls below that you can expect it to continue to decline below 10000 before any kind of significant rebound.

Why? What is your thinking behind this? Fell another 100 something points today as well ending the day at 11346...

[edit on 6/27/2008 by kupoliveson]