Dow ends below 10,000

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wx247
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Dow ends below 10,000

#1 Postby wx247 » Thu Aug 05, 2004 4:18 pm

It ends the day...

-163.48

9,963.03

*We shall see what tomorrow holds.
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#2 Postby streetsoldier » Thu Aug 05, 2004 4:34 pm

Trading was very light today; most investors are taking things slow, while the chief impetus for the dive seems to be oil prices.
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#3 Postby wx247 » Thu Aug 05, 2004 5:03 pm

streetsoldier wrote:Trading was very light today; most investors are taking things slow, while the chief impetus for the dive seems to be oil prices.


exactly... we have got to get things in shape so that we can stabilize the oil prices.
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#4 Postby abajan » Fri Aug 06, 2004 9:24 pm

Wasn't it years ago that it first hit 10,000 points? Do you remember all the fuss and hooplah about how it would soon hit 20,000?

Okay, I know that the War on Terror broke out in the interim but still...I'm starting to think that the DOW has pretty much reached its peak.
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#5 Postby Guest » Fri Aug 06, 2004 9:47 pm

I know the Dow is supposed to be reflective of the business world, but I don't take it as THE WORD. You know? There's a limited selection of companies used to make the Dow, which is certainly not representative of ALL companies.
...Jennifer...
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#6 Postby wx247 » Fri Aug 06, 2004 9:48 pm

Today's end of the Dow was down...

-147.70
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#7 Postby Brent » Fri Aug 06, 2004 9:54 pm

Uh... you can watch the Dow all day tomorrow if you want, but it won't be trading, tomorrow's Saturday. :P

EDIT: Now I see this thread was started yesterday.
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#neversummer
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#8 Postby wx247 » Fri Aug 06, 2004 10:01 pm

Brent wrote:Uh... you can watch the Dow all day tomorrow if you want, but it won't be trading, tomorrow's Saturday. :P

EDIT: Now I see this thread was started yesterday.


hehehe... you give me an update, okay? ;)
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