Looks like the DJIA is down again todaygreenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread |
http://dailynews.yahoo.com/headlines/business Stocks Hurt By More Inflation News-- Reuters.This week has been interesting economically.
-- Barb (awaltrip@telepath.com), July 30, 1999
According to CBS MarketWatch, July 1999 was the worst month for the Dow since last August.
-- Brooks (brooksbie@hotmail.com), July 30, 1999.
Humm.There is a faint sound of distant wings.
Diane
-- Diane J. Squire (sacredspaces@yahoo.com), July 30, 1999.
I don't know......I hear the sound of a mighty rushing wind...........
-- don (mmtgman@aol.com), July 30, 1999.
monkey wings flapping, sheeple still asleep in poppies, dearie, poppies, zzzzzzzzzzz
-- o ee o, oeo (wicked witch@west.tower), July 30, 1999.
Barb:You may want to compare the Dow to last year's trends during this same period. I got out of the market last year in July and watched the trend for a while. Here's what I noticed:
DOW Jones:
July 17...close at 9337
July 24 8937
July 31 8883
Aug 7 8598
Aug 14 8425
Aug 21 8611
Aug 28 8051
Sept 4 7640
Sept 11 7795
Sept 18 7895
Oct 2 7784
Oct 9 7899
Oct 16 8416
Oct 23 8452 Oct 29 8592
Nov 6 8975
Nov 13 8919
Nov 20 9159
Nov 27 9333
Dec 4 9016
Dec 11 8821
No doubt the formatting will be screwed up, but you should be able to glean the information.
-- Anita (spoonera@msn.com), July 30, 1999.
Thanks, Anita, I see how it varies. Just started watching the indices this week.
-- Barb (awaltrip@telepath.com), July 30, 1999.
Down 136.14 today.
-- (just@helping.out), July 30, 1999.
Down is 500+ points in a day. With a number of bad days to follow. Anything less is normal market behavior these days.
-- Anonymous99 (Anonymous99@Anonymous99.xxx), July 30, 1999.
The stockbrokers and the pundits on CNBC will nodoubtedly chant "Prices are down...now's a great time to snap up some deals."P/E ratios tell me otherwise.
-- Tim (pixmo@pixelquest.com), July 31, 1999.