Dont they close the Stock market...

Discussion in 'The Watercooler' started by DammitJanet, Sep 29, 2008.

  1. DammitJanet

    DammitJanet Well-Known Member Staff Member

    if it drops 700?

    For some reason I think I learned that in some economics class. Im watching it knocking on 600 and by the time this actually posts it may be over 600.
     
  2. slsh

    slsh member since 1999

    I thought it was a percentage of .... volume maybe? I think the last time they closed it was in '87. Trying to find criteria, but in '87 it lost 22+%... I'll keep looking.
     
  3. DammitJanet

    DammitJanet Well-Known Member Staff Member

    down 640
     
  4. slsh

    slsh member since 1999

    I can't find any reference that it was actually shut down on 10-19-87 - but I do find it interesting that the Dow closed at 1700 and change on that day, and today even with it being down now at 724, its 10420. And in spite of that "crash" in '87, the market posted a gain for the year that year.

    I don't know - it's all magic to me (a noninvestor, obviously, LOL).
     
  5. DammitJanet

    DammitJanet Well-Known Member Staff Member

    Oh gosh....now they are saying they might not come back until wednesday? Because of some holiday? Do what? Excuse me? LMAO...ok...pulease!
     
  6. klmno

    klmno Active Member

    Taken from CNN's website- home page:

     
  7. DammitJanet

    DammitJanet Well-Known Member Staff Member

    I actually called my car loan to make sure I still had one...lol.
     
  8. Hound dog

    Hound dog Nana's are Beautiful

    Nichole just looked it up. It was supposed to be down over 800. Soooooooooooo not good. They're expecting it to plunge again tomorrow. :(
     
  9. KTMom91

    KTMom91 Well-Known Member

    The last time I took an economics course was in 1982. If Miss KT had Econ this semester instead of next, I'd get her to explain it.
     
  10. gcvmom

    gcvmom Here we go again!

    Last edited: Sep 29, 2008
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