DOW Watch – Feb 20, 2009 – Selling picks up pace worldwide! Is 7,000 going to be tested today?

it is now "the year of the unholy dollar" .

the breach is clear. Nationalized auto gas and bank insdustries and unifroms for citizens.

Looks like last trades are settled in a few minutes after the bell!!!

-100.28???????

-100
down is down

-100 lol,damn you ppt

7365.67 -100.28 (-1.34%) Feb 20 4:04pm ET


[link to www.google.com]

Sorry, SHR. It isn't too late to switch to the winning team. Join us!

- 100 is still a nice and solid minus ;)

Dow 7,365.67 -100.28 (-1.34%)
S&P 500 770.05 -8.89 (-1.14%)
Nasdaq 1,441.23 -1.59 (-0.11%)

BAM

If you count tuesday's open to today, -307

If you count friday's close to today, -486

Either way, not a good week for the Dow...

Indeed. If we keep going at 100 everyday, we will be into the 6K region by the end of the next week. Nice way to lower it without scaring the sheeple.

It's like one of those submarine movies where it's slowing sinking to crush depth.

I believe someone a while back said, if CITI went under $2.00 that "the game is over", I thought I saw this on a thread in November....

Exactly...

9% loss this week, it's not bad, I wanted more, but not bad at all. Next week, I want to go for the jugular

You might get it. As the hemorrhaging of the financial system continues we could see acceleration as we saw late summer and fall of last year. If that starts to happen, get the hell out of the way or you'll get hurt.

People will panic then.

I was right! -100.28

-1,34% is'nt that bad. Assuming that the DowJones is losing
1,34% every day it will crack next Thursday the 7k, March 16
the 6k and to Independence Day you all can celebrate to 2072
points.



Have a good weekend !!

We're at early February 1997 numbers on the S&P, 60 points away from the November low on the Nasdaq, and 50 points away from the 2003 lows on the Russell 2000.

That's a pretty broad sweep of fail, there...

:epcfl:

-100 is huge at these levels.

buy in next week, it's going to rally to the moon watch.

good time to buy in, trust me.

ok ok, hold on, maybe you all will bash me for this great finding:

an anagram of Bernanke and Obama is:

BEMOAN A BANKER

Your comments are welcome !

Hey check out the graph for today...look at the pathetic attempts to jumpstart the buying...the PPT was reallly pulling out all the stops but they just couldn't stop the bleeding. So obvious.

+1

Let it crash and burn! We will never come out of this if they don't readjust. We need to start over. The oil industry can't support the world anymore. We must find a new ground.

sorry double post

so where is the guy who decided my trading call was the best buy signal he had seen yet....

the es mini was at 770 when I made that prediction and it is now trading at 750 AND AT THE LOWS OF FRIDAY....just like I said it would be...it did not happen overnight as it generally does but it started from the minute the opening bell rang........

I make my $$$ of guys like you dude....thanks

Bump because history repeats

DOW @ 31,959.37
+463.07 (1.47%)