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Thu Nov 8, 2012, 11:16 AM

Dow Jones dips under 13000

6 replies, 831 views

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Reply Dow Jones dips under 13000 (Original post)
Skink Nov 2012 OP
Skidmore Nov 2012 #1
CJCRANE Nov 2012 #2
mikeytherat Nov 2012 #3
Grammy23 Nov 2012 #4
SheilaT Nov 2012 #5
lpbk2713 Nov 2012 #6

Response to Skink (Original post)

Thu Nov 8, 2012, 11:17 AM

1. Well I've heard that it's attributable to

1) Apple not being all that

or

2) the election.

Since it was going down the day of the election, I'll pick Apple.

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Response to Skink (Original post)

Thu Nov 8, 2012, 11:18 AM

2. The Dow goes up, the Dow goes down.

Never a miscommunication. You can't explain that.

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Response to Skink (Original post)

Thu Nov 8, 2012, 11:25 AM

3. Dow Jones IA currently down 0.21%. Also, currently up 68% since Obama took office in 2008.

My portfolio will survive today.

mikey_the_rat

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Response to Skink (Original post)

Thu Nov 8, 2012, 11:33 AM

4. If the ups and downs of the Dow make your stomach churn,


Just think how you'd feel if your social security investments were in that mix. The rich and super rich can take those swings without suffering from dyspepsia. The rest of us probably ought to think more than twice when it comes to investing our life's savings there. And then there are people like my husband and me who ended up there due to an employment "benefit" and now are struggling with what to do with the 401 K that has been up, down, back up and now hovering over which way it will go. It recovered from the BIG drop plus a little bit more, but knowing exactly what we should do NOW is a big question and actually gives us more heartburn than the daily ups and downs.

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Response to Skink (Original post)

Thu Nov 8, 2012, 11:36 AM

5. It's what's happening in Europe.

The countries there which have most embraced the austerity thing are the ones having the most problems.

Our economy is also affected by what happens elsewhere, and the stock market is surprisingly sensitive also.

It has NOTHING to do with Obama's re-election.

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Response to Skink (Original post)

Thu Nov 8, 2012, 11:37 AM

6. Investors found out how much fat cats blew on their losing candidate.




"They blew HOW MUCH?!?"



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