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Originally posted by Rockpuck
reply to post by stander
Don't really get what your .. pointing at?
...listen carefully .. ok?
Looking at the ENTIRE CHART ..
Why would say "OMG the DJIA is at 1998 levels?!!!"
...When 1998 was the peak year, where it went (first 9 months.. hovering in the 7900-8900 range ... to begining it's final push to it's record points..
When in 2002-03-04 the markets where much lower then 1998 levels?
When you relate the DOW to the past you always say "lowest point since.. yada yada yada.. " .. In this case, sometime in 2003..
THough, the other poster was right about everything except my screen name, the DOW adjusted for inflation, which is the biggest reason the stocks shot so high, is much less.. dramatic.
Originally posted by ghostlandseller
WOW, TODAY WAS UGLY!!!!!!!!!!!!
down 678!!!! to 8579..... This is not good.
Originally posted by Rockpuck
I am more concerned not with long run .. but in the short term .. where will it bottom out? .. so volatile right now, hard to say .. I never would have predicted a 600+ drop today, and it shows the system is in panic mode..