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How Low will It GO?


The stock market is making mice out of men.  I wonder how low will it go and will it correct itself?  they got our 800 billion and nothing is right yet.  I wonder what else will happen?  For one thing, President Bush should have kept his damn mouth shut.  Just by him saying that it would take a long time..people reacted to that.

Entry #55


time*treatComment by time*treat - October 7, 2008, 7:49 pm
It will go low enough - to scare most people, who don't understand how it works and - to allow the Big Boys to buy it all back up again at pennies on the dollar. This isn't the first time they've pulled this.
Shares are only "worth" what the next person is willing to pay for them. If you want a quick-and-dirty lesson in how the markets *really* work, look up the phrase "stock market monkeys".
TenajComment by Tenaj - October 8, 2008, 2:05 am
Yes, they play us stupid. I was wondering what was going to be pulled right before the election.
konaneComment by konane - October 8, 2008, 9:18 am
Financial repercussions are global which means recovery will be also and that takes time. Darn if you do say something, darn if you don't.... can't please everyone. But since this is a worldwide dilemma we're all on the same planet traveling through space dealing with issues of our own value.

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