Stocks took a dump today- double dip or depression?

[Dale00]

Never try to catch a falling knife

 

[RickN]

I just heard on the radio the Asian markets are taking a dump tonight.

Yep and ours will probably drop more tomorrow. Depends on the job numbers how bad it will be.

 

[JD8]

Yep....

NO! don't do it!! The market is going to 0....... again.....like last time.

 

[VitruvianDoc]

Who's the next auto industry.... made a bundle on Ford.

 

[HMFIC]

Do job numbers come out today? That ought to seal our fate.

 

[cyberslider]

Saw a blurb about this - July jobs created: 154,000. Unemployment dropped from 9.2% to 9.1%

Saw only 117,000 jobs created as well.

 

[RickN]

The interesting thing to me, they also said part of the drop is because a lot more people just gave up and stopped looking for a job.

 

[71buickfreak]

All the analysts said that if the jobs report came back with anything other than a massive drop, then the white house is lying. Guess what? only a .1% drop, and people are eating it up. complete BS.

 

[tran]

All the analysts said that if the jobs report came back with anything other than a massive drop, then the white house is lying. Guess what? only a .1% drop, and people are eating it up. complete BS.

It's not going to get any better until we get this POS out of the White House. He is not business friendly!

 

[Dale00]

He seems to be very friendly with General Electric, Chrysler/UAW and other crony capitalists and that is a problem. Until we insist that the federal government be shrunk we are headed down a steepening slope to European socialism or something worse.