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paman99
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Online: 2417 days ago   Updated: 2417 days ago   Joined: 2418 days ago
 
The Basics
  Age: 57   Gender: Male   Race: Caucasian   Location: dc Virginia United States
The Details
Body Type:
  A few extra pounds
Appearance:
  Clean Cut
Children:
  Yes - not living with me, Yes - living with me
Smoking:
  Non-smoker
Eye Colour:
  Green
Hair Length:
  Bald
Sexual Orientation:
  Straight
Hair Colour:
  Grey
About Me

Stocks suffered their worst day since late June today as investors dumped shares out of worry that the global economy is about to retreat precipitously.

The sell-off saw the Standard and Poor's 500 Index ($INX) drop below two key support levels and prove unable to bounce up from its lows on the day. The weak close and the market's reaction to cautious guidance from Cisco Systems (CSCO), the dominang player in networking systems, could signal the market overall is headed still lower.

The Dow Jones industrials ($INDU) closed down 265 points, or 2.5%, to 10,379. The SandP 500 tumbled 32 points, or 2.8%, to 1,089, and the Nasdaq Composite Index ($COMPX) was off 69 points, or 3%, to 2,209.

What I'm Looking For

Stocks suffered their worst day since late June today as investors dumped shares out of worry that the global economy is about to retreat precipitously.

The sell-off saw the Standard and Poor's 500 Index ($INX) drop below two key support levels and prove unable to bounce up from its lows on the day. The weak close and the market's reaction to cautious guidance from Cisco Systems (CSCO), the dominang player in networking systems, could signal the market overall is headed still lower.

The Dow Jones industrials ($INDU) closed down 265 points, or 2.5%, to 10,379. The SandP 500 tumbled 32 points, or 2.8%, to 1,089, and the Nasdaq Composite Index ($COMPX) was off 69 points, or 3%, to 2,209.

 
 

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