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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Stoctrash who wrote (10744)12/1/2008 7:43:51 PM
From: nspolar  Read Replies (2) of 33421
 
"The Dow Jones Wilshire 5000, one of the widest measures of U.S. stocks, fell 9.15 percent in its worst daily percentage slide since October 19, 1987, when the stock market crashed on a date that became known as Black Monday. On the first day of December 2008, the drop in the DJ Wilshire 5000 represented a paper loss of approximately $1.0 trillion."

Could get worse from here, imo.

If so I would not be surprised to see some '29 type activity ... you know, people jumping out of windows, that sort of thing.

Money, da root of all evil. Or is it booze? Or money and booze?

Tad bit chilly here. Gonna have to crank up Johnny Horton this evening.

TF
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