10-08-2008, 10:05 PM
Anhil8tor Wrote:didn't it come back up?
Yeah, after the government bailed out the airlines. Shut the market down for a week. And the American people realized that we were attacked by a small group of nutjobs that got pretty fucking lucky and couldn't pull that kind of thing off whenever they wanted.
I can give you a clue though. That was not a cycle. That was an over-reaction to a circumstance that everyone was panicking over. It took a long time to calm investors down, but as it turns out there was minimal damage to our economy. The airlines took the brunt of the hit and have still never really recovered.
But, this mess right now IS the market. It is wall street. You can basically say that the DJIA is having a heart attack and no one can stop it and if we do its going to take a long time to recover.

