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Dow Jones Record - Page 10

Dow Up

NEW YORK (AP) - Stocks surged late Friday on news that President-elect Barack Obama is likely to name New York Federal Reserve President Timothy Geithner as Treasury secretary. The Dow Jones industrial average jumped 494.37 points, or 6.55%, at 8,046.66. The Standard & Poor's 500 Index shot up 47.57 points, or 6.32%, at 800.01. The Nasdaq Composite Index gained 68.23 points, or 5.18%, at 1,384.35.
Ref. USAToday

Record Jones Dow

I am glad that it went up for the weekend but I still think that will be short lived. My stocks were all still down. I have the feeling this upcoming short week will see us farther down once again.

Dow Jones Record History & Civil Business Politics

-670 Points

Ref. ABC News: Dow Closes Down More Than 670 Points [4:00 p.m. ET]

Page 10 Record Jones Dow

I am sure we will see more dropping yet before it stabilizes.

Record Jones Dow

I have a feeling that the lack of people using credit during this past weekend is hurting some. We will have to see what happens this week.

Dow Jones Record

I think the people not using credit though is a good thing as we need to stop that and use cash. Using credit extensively has gotten this mess started in the first place.

Dow Jones Record - Page 10

Well add that fact to the fact that many many people are cutting down what they are spending and you have a crisis that is going to get worse. We are seeing more and more lay offs and job losses. I think this is still doing to get a lot worse before it gets better. I am waiting to see where the numbers are at once November is figured in.

Dow Jones Record Politics Business Civil & History - Page 10

The Dow Jones rose 9,000 points. Things are looking up. With Obama at the head I'm sure there will be a bright future ahead for America in 2009.