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http://www.washingtonpost.com/wp-dyn...2002Jul19.htmlQuote:
NEW YORK, July 19 -- Stocks plunged today, dragging the Dow Jones industrial average to its lowest level in nearly four years
Is it 1929 again? Are we all going to be huddled around a fire
down at the railroad yard, hoping to jump on a freight train?
Stay tuned.
:cool:
I wouldn't be surprizes if someone will try and corner the market.
You call it a crash when it reaches a certain point. I can't remember where it is it has to reach, but we learned it in govt. econ. There's regular, decline, depression, crash. In that order, I believe.
When the Stock screen's turn Blue :D
I would call it a crash when the bank rushes begin and the banks close down. Thats the signal IMO of a true crash.
x
It depends on your point of view....it could be a crash, but it could also be a unique investing opportunity. I'm hoping to see stabilization in the short term, then a return to a moderate to healthy growth rate for the long term. Here's hoping nobody has anymore accounting bombs to drop on our heads.