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10-09-2008, 09:27 PM #1OPSenior Member
dow jones index fund folly
the dow futures were showing a 200 point gain before opening this morning and the day ended up with a 680 point loss, leaving the dow jones at the same level it was back in early 1998...the media blamed general motor's credit rating, but i think the end of the ban on short selling had a significant influence too...i wonder if the us government will do another auto giant bailout like it did back in the late 70's...GM and ford are too big to fail!
Chrysler's Crisis Bailout - TIMEmaladroit Reviewed by maladroit on . dow jones index fund folly if i bought a $100,000 dow jones index fund one year ago today, it would be worth $63,000 now for some reason, my financial advisor has not returned the call i gave him last week...i hope he didn't jump Rating: 5
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