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a kennedy

(29,644 posts)
Mon Jul 23, 2012, 08:34 AM Jul 2012

D*mn the DOW is down 265 points since Friday......

Stock Index Futures (Stock exchanges closed)
Index Value Change % change Time

DOW 12,609.00 -164.00 -1.28% 8:12 AM ET
NASDAQ 2,581.00 -32.25 -1.23% 8:01 AM ET
S&P 500 1,341.30 -16.90 -1.24% 8:20 AM ET

and from Friday:

DJIA down: 120.79 to 12,822.57

My poor retirement.....

6 replies = new reply since forum marked as read
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D*mn the DOW is down 265 points since Friday...... (Original Post) a kennedy Jul 2012 OP
I'm Not Sure Why the DOW should be Up? Iggy Jul 2012 #1
agree, there has to be adjustments. The Market is artificially high. WI_DEM Jul 2012 #2
Right Iggy Jul 2012 #4
I don't want to burst your bubble but the market doesn't open up for another 45 minutes 1-Old-Man Jul 2012 #3
True. The Dow opened down 220, not down 165 cthulu2016 Jul 2012 #5
haha, I'm up about 5% today....This was a pleasant surprise. cbdo2007 Jul 2012 #6
 

Iggy

(1,418 posts)
1. I'm Not Sure Why the DOW should be Up?
Mon Jul 23, 2012, 08:40 AM
Jul 2012

what? what's driving the market to stay in uber positive territory?

 

Iggy

(1,418 posts)
4. Right
Mon Jul 23, 2012, 08:51 AM
Jul 2012

IMHO, it's been artificially high for some time now.

I've noted at least two things occur when we get close to a POTUS election:

1. gas prices trend lower (don't want the voters pissed off about that!)

2. the stock market is artificially high

1-Old-Man

(2,667 posts)
3. I don't want to burst your bubble but the market doesn't open up for another 45 minutes
Mon Jul 23, 2012, 08:47 AM
Jul 2012

And the Index Futures will give you a hint what will happen at the opening bell but they don't tell you a thing about where the market will be 30 minutes later.

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