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Thursday, 20 November 2008


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Dow Plunges below 10,000
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by CE White 10-07-08 10:51am

Yesterday the Dow plunged over 800 pts and oil went below $90 a barrel ending up at a little over $88.

Today, at this posting, the Dow had continued it's downward trend and was of an additional $21.73 while oil rebounded slightly and is back up to $89.67.

Gas continues to come down and no matter whether the oil companies like it or not, they finally went to high as consumption is down by 20% . So far consumption has not increased even though the price has fallen 70 cents a barrel.

Americans want it back below $2.40 a gallon...can we hold out till them?

The Dow keeps up it's rocky trend because of rumors, fear, and speculations... where will it stop??
 
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