memory lane:

july 30 1997: dow jones closed at 8,254 (roughly where it was earlier this morning)

july 1 1997 hong kong returned to china (roughly where it was in 1898)
maladroit Reviewed by maladroit on . Dow drops below 9,000, S&P nearing 900 I knew it was going to follow the bailout, but actually seeing it is truly something... As fears of recession run about, credit freezing, and job outlook seems uncertain, money is trailing out of unsecured investment and headed into guaranteed forms of investment. As this happens, stocks will continue to fall. It is very likely we will see the Dow in the 7,000's and maybe even somewhere around 6,000. The last time the Dow was @ that level, it was 1996... There are rumors that the Fed Rating: 5