http://www.thestandard.com./node/115225/comments comments feed. en Dow Jones index dips below 10,000 by 2009? http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009 <p> <p> </p> <p>The unfolding crises in the U.S. housing and credit markets have led to an unprecendented crisis in the U.S. economy, sending <a href="/news/2008/09/15/world-markets-tumble-lehman-news">shockwaves to world markets</a> and causing the failure of some of Wall Street's biggest financial firms.</p> <p>The incredible velocity of the financial news coming from Wall Street and Washington came to a climax today, September 15, 2008, as the Dow plunged over 500 points with Lehman Brothers filing Chapter 11, Bank of America acquiring Merrill Lynch, and A.I.G. requiring massive handouts to stay propped up. The Dow closed below 11,000 for only the <a href="http://finance.yahoo.com/echarts?s=^DJI#chart12:symbol=^dji;range=20060419,20080422;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on" title="Dow Jones graphs">first time since July of 2006</a>.</p> <p>As the Dow shed over 4% in one day, the New York Stock Exchange (NYSE) <a href="http://www.nytimes.com/2008/09/16/business/worldbusiness/16markets.html?hp">saw it’s worst losses</a> in seven years. </p> <p>A dire economic environment could ultimately sour consumer confidence, investor confidence, consumer spending, venture funding, online advertising – all of which would have a detrimental <a href="/news/2008/09/15/picture-tech-stocks-slammed">impact on the tech market</a> and Internet businesses and startups.</p> <p><b>Prediction:</b> Will the Dow drop below 10,000 during intraday trading between now and December 31, 2008? It does not need to close under 10,000, but merely go below 10,000. After hours trading will not be considered for judgment. </p> <p>Let the community decide. Place your bets below. </p> <p><i>(Photo credit: Associated Press) </i></p> http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009#comments Business & Finance dow jones stock market stocks Mon, 15 Sep 2008 16:41:47 -0700 Eric Hill 115225 at http://www.thestandard.com. Dow Jones index dips below 10,000 by 2009? http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009 <p> <p> </p> <p>The unfolding crises in the U.S. housing and credit markets have led to an unprecendented crisis in the U.S. economy, sending <a href="/news/2008/09/15/world-markets-tumble-lehman-news">shockwaves to world markets</a> and causing the failure of some of Wall Street's biggest financial firms.</p> <p>The incredible velocity of the financial news coming from Wall Street and Washington came to a climax today, September 15, 2008, as the Dow plunged over 500 points with Lehman Brothers filing Chapter 11, Bank of America acquiring Merrill Lynch, and A.I.G. requiring massive handouts to stay propped up. The Dow closed below 11,000 for only the <a href="http://finance.yahoo.com/echarts?s=^DJI#chart12:symbol=^dji;range=20060419,20080422;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on" title="Dow Jones graphs">first time since July of 2006</a>.</p> <p>As the Dow shed over 4% in one day, the New York Stock Exchange (NYSE) <a href="http://www.nytimes.com/2008/09/16/business/worldbusiness/16markets.html?hp">saw it’s worst losses</a> in seven years. </p> <p>A dire economic environment could ultimately sour consumer confidence, investor confidence, consumer spending, venture funding, online advertising – all of which would have a detrimental <a href="/news/2008/09/15/picture-tech-stocks-slammed">impact on the tech market</a> and Internet businesses and startups.</p> <p><b>Prediction:</b> Will the Dow drop below 10,000 during intraday trading between now and December 31, 2008? It does not need to close under 10,000, but merely go below 10,000. After hours trading will not be considered for judgment. </p> <p>Let the community decide. Place your bets below. </p> <p><i>(Photo credit: Associated Press) </i></p> http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009#comments Business & Finance dow jones stock market stocks Mon, 15 Sep 2008 16:41:47 -0700 Eric Hill 115225 at http://www.thestandard.com. Dow Jones index dips below 10,000 by 2009? http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009 <p> <p> </p> <p>The unfolding crises in the U.S. housing and credit markets have led to an unprecendented crisis in the U.S. economy, sending <a href="/news/2008/09/15/world-markets-tumble-lehman-news">shockwaves to world markets</a> and causing the failure of some of Wall Street's biggest financial firms.</p> <p>The incredible velocity of the financial news coming from Wall Street and Washington came to a climax today, September 15, 2008, as the Dow plunged over 500 points with Lehman Brothers filing Chapter 11, Bank of America acquiring Merrill Lynch, and A.I.G. requiring massive handouts to stay propped up. The Dow closed below 11,000 for only the <a href="http://finance.yahoo.com/echarts?s=^DJI#chart12:symbol=^dji;range=20060419,20080422;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on" title="Dow Jones graphs">first time since July of 2006</a>.</p> <p>As the Dow shed over 4% in one day, the New York Stock Exchange (NYSE) <a href="http://www.nytimes.com/2008/09/16/business/worldbusiness/16markets.html?hp">saw it’s worst losses</a> in seven years. </p> <p>A dire economic environment could ultimately sour consumer confidence, investor confidence, consumer spending, venture funding, online advertising – all of which would have a detrimental <a href="/news/2008/09/15/picture-tech-stocks-slammed">impact on the tech market</a> and Internet businesses and startups.</p> <p><b>Prediction:</b> Will the Dow drop below 10,000 during intraday trading between now and December 31, 2008? It does not need to close under 10,000, but merely go below 10,000. After hours trading will not be considered for judgment. </p> <p>Let the community decide. Place your bets below. </p> <p><i>(Photo credit: Associated Press) </i></p> http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009#comments Business & Finance dow jones stock market stocks Mon, 15 Sep 2008 16:41:47 -0700 Eric Hill 115225 at http://www.thestandard.com. Dow Jones index dips below 10,000 by 2009? http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009 <p> <p> </p> <p>The unfolding crises in the U.S. housing and credit markets have led to an unprecendented crisis in the U.S. economy, sending <a href="/news/2008/09/15/world-markets-tumble-lehman-news">shockwaves to world markets</a> and causing the failure of some of Wall Street's biggest financial firms.</p> <p>The incredible velocity of the financial news coming from Wall Street and Washington came to a climax today, September 15, 2008, as the Dow plunged over 500 points with Lehman Brothers filing Chapter 11, Bank of America acquiring Merrill Lynch, and A.I.G. requiring massive handouts to stay propped up. The Dow closed below 11,000 for only the <a href="http://finance.yahoo.com/echarts?s=^DJI#chart12:symbol=^dji;range=20060419,20080422;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on" title="Dow Jones graphs">first time since July of 2006</a>.</p> <p>As the Dow shed over 4% in one day, the New York Stock Exchange (NYSE) <a href="http://www.nytimes.com/2008/09/16/business/worldbusiness/16markets.html?hp">saw it’s worst losses</a> in seven years. </p> <p>A dire economic environment could ultimately sour consumer confidence, investor confidence, consumer spending, venture funding, online advertising – all of which would have a detrimental <a href="/news/2008/09/15/picture-tech-stocks-slammed">impact on the tech market</a> and Internet businesses and startups.</p> <p><b>Prediction:</b> Will the Dow drop below 10,000 during intraday trading between now and December 31, 2008? It does not need to close under 10,000, but merely go below 10,000. After hours trading will not be considered for judgment. </p> <p>Let the community decide. Place your bets below. </p> <p><i>(Photo credit: Associated Press) </i></p> http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009#comments Business & Finance dow jones stock market stocks Mon, 15 Sep 2008 16:41:47 -0700 Eric Hill 115225 at http://www.thestandard.com. Dow Jones index dips below 10,000 by 2009? http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009 <p> <p> </p> <p>The unfolding crises in the U.S. housing and credit markets have led to an unprecendented crisis in the U.S. economy, sending <a href="/news/2008/09/15/world-markets-tumble-lehman-news">shockwaves to world markets</a> and causing the failure of some of Wall Street's biggest financial firms.</p> <p>The incredible velocity of the financial news coming from Wall Street and Washington came to a climax today, September 15, 2008, as the Dow plunged over 500 points with Lehman Brothers filing Chapter 11, Bank of America acquiring Merrill Lynch, and A.I.G. requiring massive handouts to stay propped up. The Dow closed below 11,000 for only the <a href="http://finance.yahoo.com/echarts?s=^DJI#chart12:symbol=^dji;range=20060419,20080422;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on" title="Dow Jones graphs">first time since July of 2006</a>.</p> <p>As the Dow shed over 4% in one day, the New York Stock Exchange (NYSE) <a href="http://www.nytimes.com/2008/09/16/business/worldbusiness/16markets.html?hp">saw it’s worst losses</a> in seven years. </p> <p>A dire economic environment could ultimately sour consumer confidence, investor confidence, consumer spending, venture funding, online advertising – all of which would have a detrimental <a href="/news/2008/09/15/picture-tech-stocks-slammed">impact on the tech market</a> and Internet businesses and startups.</p> <p><b>Prediction:</b> Will the Dow drop below 10,000 during intraday trading between now and December 31, 2008? It does not need to close under 10,000, but merely go below 10,000. After hours trading will not be considered for judgment. </p> <p>Let the community decide. Place your bets below. </p> <p><i>(Photo credit: Associated Press) </i></p> http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009#comments Business & Finance dow jones stock market stocks Mon, 15 Sep 2008 16:41:47 -0700 Eric Hill 115225 at http://www.thestandard.com. Dow Jones index dips below 10,000 by 2009? http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009 <p> <p> </p> <p>The unfolding crises in the U.S. housing and credit markets have led to an unprecendented crisis in the U.S. economy, sending <a href="/news/2008/09/15/world-markets-tumble-lehman-news">shockwaves to world markets</a> and causing the failure of some of Wall Street's biggest financial firms.</p> <p>The incredible velocity of the financial news coming from Wall Street and Washington came to a climax today, September 15, 2008, as the Dow plunged over 500 points with Lehman Brothers filing Chapter 11, Bank of America acquiring Merrill Lynch, and A.I.G. requiring massive handouts to stay propped up. The Dow closed below 11,000 for only the <a href="http://finance.yahoo.com/echarts?s=^DJI#chart12:symbol=^dji;range=20060419,20080422;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on" title="Dow Jones graphs">first time since July of 2006</a>.</p> <p>As the Dow shed over 4% in one day, the New York Stock Exchange (NYSE) <a href="http://www.nytimes.com/2008/09/16/business/worldbusiness/16markets.html?hp">saw it’s worst losses</a> in seven years. </p> <p>A dire economic environment could ultimately sour consumer confidence, investor confidence, consumer spending, venture funding, online advertising – all of which would have a detrimental <a href="/news/2008/09/15/picture-tech-stocks-slammed">impact on the tech market</a> and Internet businesses and startups.</p> <p><b>Prediction:</b> Will the Dow drop below 10,000 during intraday trading between now and December 31, 2008? It does not need to close under 10,000, but merely go below 10,000. After hours trading will not be considered for judgment. </p> <p>Let the community decide. Place your bets below. </p> <p><i>(Photo credit: Associated Press) </i></p> http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009#comments Business & Finance dow jones stock market stocks Mon, 15 Sep 2008 16:41:47 -0700 Eric Hill 115225 at http://www.thestandard.com. Dow Jones index dips below 10,000 by 2009? http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009 <p> <p> </p> <p>The unfolding crises in the U.S. housing and credit markets have led to an unprecendented crisis in the U.S. economy, sending <a href="/news/2008/09/15/world-markets-tumble-lehman-news">shockwaves to world markets</a> and causing the failure of some of Wall Street's biggest financial firms.</p> <p>The incredible velocity of the financial news coming from Wall Street and Washington came to a climax today, September 15, 2008, as the Dow plunged over 500 points with Lehman Brothers filing Chapter 11, Bank of America acquiring Merrill Lynch, and A.I.G. requiring massive handouts to stay propped up. The Dow closed below 11,000 for only the <a href="http://finance.yahoo.com/echarts?s=^DJI#chart12:symbol=^dji;range=20060419,20080422;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on" title="Dow Jones graphs">first time since July of 2006</a>.</p> <p>As the Dow shed over 4% in one day, the New York Stock Exchange (NYSE) <a href="http://www.nytimes.com/2008/09/16/business/worldbusiness/16markets.html?hp">saw it’s worst losses</a> in seven years. </p> <p>A dire economic environment could ultimately sour consumer confidence, investor confidence, consumer spending, venture funding, online advertising – all of which would have a detrimental <a href="/news/2008/09/15/picture-tech-stocks-slammed">impact on the tech market</a> and Internet businesses and startups.</p> <p><b>Prediction:</b> Will the Dow drop below 10,000 during intraday trading between now and December 31, 2008? It does not need to close under 10,000, but merely go below 10,000. After hours trading will not be considered for judgment. </p> <p>Let the community decide. Place your bets below. </p> <p><i>(Photo credit: Associated Press) </i></p> http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009#comments Business & Finance dow jones stock market stocks Mon, 15 Sep 2008 16:41:47 -0700 Eric Hill 115225 at http://www.thestandard.com. Dow Jones index dips below 10,000 by 2009? http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009 <p> <p> </p> <p>The unfolding crises in the U.S. housing and credit markets have led to an unprecendented crisis in the U.S. economy, sending <a href="/news/2008/09/15/world-markets-tumble-lehman-news">shockwaves to world markets</a> and causing the failure of some of Wall Street's biggest financial firms.</p> <p>The incredible velocity of the financial news coming from Wall Street and Washington came to a climax today, September 15, 2008, as the Dow plunged over 500 points with Lehman Brothers filing Chapter 11, Bank of America acquiring Merrill Lynch, and A.I.G. requiring massive handouts to stay propped up. The Dow closed below 11,000 for only the <a href="http://finance.yahoo.com/echarts?s=^DJI#chart12:symbol=^dji;range=20060419,20080422;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on" title="Dow Jones graphs">first time since July of 2006</a>.</p> <p>As the Dow shed over 4% in one day, the New York Stock Exchange (NYSE) <a href="http://www.nytimes.com/2008/09/16/business/worldbusiness/16markets.html?hp">saw it’s worst losses</a> in seven years. </p> <p>A dire economic environment could ultimately sour consumer confidence, investor confidence, consumer spending, venture funding, online advertising – all of which would have a detrimental <a href="/news/2008/09/15/picture-tech-stocks-slammed">impact on the tech market</a> and Internet businesses and startups.</p> <p><b>Prediction:</b> Will the Dow drop below 10,000 during intraday trading between now and December 31, 2008? It does not need to close under 10,000, but merely go below 10,000. After hours trading will not be considered for judgment. </p> <p>Let the community decide. Place your bets below. </p> <p><i>(Photo credit: Associated Press) </i></p> http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009#comments Business & Finance dow jones stock market stocks Mon, 15 Sep 2008 16:41:47 -0700 Eric Hill 115225 at http://www.thestandard.com. Dow Jones index dips below 10,000 by 2009? http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009 <p> <p> </p> <p>The unfolding crises in the U.S. housing and credit markets have led to an unprecendented crisis in the U.S. economy, sending <a href="/news/2008/09/15/world-markets-tumble-lehman-news">shockwaves to world markets</a> and causing the failure of some of Wall Street's biggest financial firms.</p> <p>The incredible velocity of the financial news coming from Wall Street and Washington came to a climax today, September 15, 2008, as the Dow plunged over 500 points with Lehman Brothers filing Chapter 11, Bank of America acquiring Merrill Lynch, and A.I.G. requiring massive handouts to stay propped up. The Dow closed below 11,000 for only the <a href="http://finance.yahoo.com/echarts?s=^DJI#chart12:symbol=^dji;range=20060419,20080422;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on" title="Dow Jones graphs">first time since July of 2006</a>.</p> <p>As the Dow shed over 4% in one day, the New York Stock Exchange (NYSE) <a href="http://www.nytimes.com/2008/09/16/business/worldbusiness/16markets.html?hp">saw it’s worst losses</a> in seven years. </p> <p>A dire economic environment could ultimately sour consumer confidence, investor confidence, consumer spending, venture funding, online advertising – all of which would have a detrimental <a href="/news/2008/09/15/picture-tech-stocks-slammed">impact on the tech market</a> and Internet businesses and startups.</p> <p><b>Prediction:</b> Will the Dow drop below 10,000 during intraday trading between now and December 31, 2008? It does not need to close under 10,000, but merely go below 10,000. After hours trading will not be considered for judgment. </p> <p>Let the community decide. Place your bets below. </p> <p><i>(Photo credit: Associated Press) </i></p> http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009#comments Business & Finance dow jones stock market stocks Mon, 15 Sep 2008 16:41:47 -0700 Eric Hill 115225 at http://www.thestandard.com. Dow Jones index dips below 10,000 by 2009? http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009 <p> <p> </p> <p>The unfolding crises in the U.S. housing and credit markets have led to an unprecendented crisis in the U.S. economy, sending <a href="/news/2008/09/15/world-markets-tumble-lehman-news">shockwaves to world markets</a> and causing the failure of some of Wall Street's biggest financial firms.</p> <p>The incredible velocity of the financial news coming from Wall Street and Washington came to a climax today, September 15, 2008, as the Dow plunged over 500 points with Lehman Brothers filing Chapter 11, Bank of America acquiring Merrill Lynch, and A.I.G. requiring massive handouts to stay propped up. The Dow closed below 11,000 for only the <a href="http://finance.yahoo.com/echarts?s=^DJI#chart12:symbol=^dji;range=20060419,20080422;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on" title="Dow Jones graphs">first time since July of 2006</a>.</p> <p>As the Dow shed over 4% in one day, the New York Stock Exchange (NYSE) <a href="http://www.nytimes.com/2008/09/16/business/worldbusiness/16markets.html?hp">saw it’s worst losses</a> in seven years. </p> <p>A dire economic environment could ultimately sour consumer confidence, investor confidence, consumer spending, venture funding, online advertising – all of which would have a detrimental <a href="/news/2008/09/15/picture-tech-stocks-slammed">impact on the tech market</a> and Internet businesses and startups.</p> <p><b>Prediction:</b> Will the Dow drop below 10,000 during intraday trading between now and December 31, 2008? It does not need to close under 10,000, but merely go below 10,000. After hours trading will not be considered for judgment. </p> <p>Let the community decide. Place your bets below. </p> <p><i>(Photo credit: Associated Press) </i></p> http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009#comments Business & Finance dow jones stock market stocks Mon, 15 Sep 2008 16:41:47 -0700 Eric Hill 115225 at http://www.thestandard.com. Dow Jones index dips below 10,000 by 2009? http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009 <p> <p> </p> <p>The unfolding crises in the U.S. housing and credit markets have led to an unprecendented crisis in the U.S. economy, sending <a href="/news/2008/09/15/world-markets-tumble-lehman-news">shockwaves to world markets</a> and causing the failure of some of Wall Street's biggest financial firms.</p> <p>The incredible velocity of the financial news coming from Wall Street and Washington came to a climax today, September 15, 2008, as the Dow plunged over 500 points with Lehman Brothers filing Chapter 11, Bank of America acquiring Merrill Lynch, and A.I.G. requiring massive handouts to stay propped up. The Dow closed below 11,000 for only the <a href="http://finance.yahoo.com/echarts?s=^DJI#chart12:symbol=^dji;range=20060419,20080422;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on" title="Dow Jones graphs">first time since July of 2006</a>.</p> <p>As the Dow shed over 4% in one day, the New York Stock Exchange (NYSE) <a href="http://www.nytimes.com/2008/09/16/business/worldbusiness/16markets.html?hp">saw it’s worst losses</a> in seven years. </p> <p>A dire economic environment could ultimately sour consumer confidence, investor confidence, consumer spending, venture funding, online advertising – all of which would have a detrimental <a href="/news/2008/09/15/picture-tech-stocks-slammed">impact on the tech market</a> and Internet businesses and startups.</p> <p><b>Prediction:</b> Will the Dow drop below 10,000 during intraday trading between now and December 31, 2008? It does not need to close under 10,000, but merely go below 10,000. After hours trading will not be considered for judgment. </p> <p>Let the community decide. Place your bets below. </p> <p><i>(Photo credit: Associated Press) </i></p> http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009#comments Business & Finance dow jones stock market stocks Mon, 15 Sep 2008 16:41:47 -0700 Eric Hill 115225 at http://www.thestandard.com. Dow Jones index dips below 10,000 by 2009? http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009 <p> <p> </p> <p>The unfolding crises in the U.S. housing and credit markets have led to an unprecendented crisis in the U.S. economy, sending <a href="/news/2008/09/15/world-markets-tumble-lehman-news">shockwaves to world markets</a> and causing the failure of some of Wall Street's biggest financial firms.</p> <p>The incredible velocity of the financial news coming from Wall Street and Washington came to a climax today, September 15, 2008, as the Dow plunged over 500 points with Lehman Brothers filing Chapter 11, Bank of America acquiring Merrill Lynch, and A.I.G. requiring massive handouts to stay propped up. The Dow closed below 11,000 for only the <a href="http://finance.yahoo.com/echarts?s=^DJI#chart12:symbol=^dji;range=20060419,20080422;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on" title="Dow Jones graphs">first time since July of 2006</a>.</p> <p>As the Dow shed over 4% in one day, the New York Stock Exchange (NYSE) <a href="http://www.nytimes.com/2008/09/16/business/worldbusiness/16markets.html?hp">saw it’s worst losses</a> in seven years. </p> <p>A dire economic environment could ultimately sour consumer confidence, investor confidence, consumer spending, venture funding, online advertising – all of which would have a detrimental <a href="/news/2008/09/15/picture-tech-stocks-slammed">impact on the tech market</a> and Internet businesses and startups.</p> <p><b>Prediction:</b> Will the Dow drop below 10,000 during intraday trading between now and December 31, 2008? It does not need to close under 10,000, but merely go below 10,000. After hours trading will not be considered for judgment. </p> <p>Let the community decide. Place your bets below. </p> <p><i>(Photo credit: Associated Press) </i></p> http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009#comments Business & Finance dow jones stock market stocks Mon, 15 Sep 2008 16:41:47 -0700 Eric Hill 115225 at http://www.thestandard.com. Dow Jones index dips below 10,000 by 2009? http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009 <p> <p> </p> <p>The unfolding crises in the U.S. housing and credit markets have led to an unprecendented crisis in the U.S. economy, sending <a href="/news/2008/09/15/world-markets-tumble-lehman-news">shockwaves to world markets</a> and causing the failure of some of Wall Street's biggest financial firms.</p> <p>The incredible velocity of the financial news coming from Wall Street and Washington came to a climax today, September 15, 2008, as the Dow plunged over 500 points with Lehman Brothers filing Chapter 11, Bank of America acquiring Merrill Lynch, and A.I.G. requiring massive handouts to stay propped up. The Dow closed below 11,000 for only the <a href="http://finance.yahoo.com/echarts?s=^DJI#chart12:symbol=^dji;range=20060419,20080422;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on" title="Dow Jones graphs">first time since July of 2006</a>.</p> <p>As the Dow shed over 4% in one day, the New York Stock Exchange (NYSE) <a href="http://www.nytimes.com/2008/09/16/business/worldbusiness/16markets.html?hp">saw it’s worst losses</a> in seven years. </p> <p>A dire economic environment could ultimately sour consumer confidence, investor confidence, consumer spending, venture funding, online advertising – all of which would have a detrimental <a href="/news/2008/09/15/picture-tech-stocks-slammed">impact on the tech market</a> and Internet businesses and startups.</p> <p><b>Prediction:</b> Will the Dow drop below 10,000 during intraday trading between now and December 31, 2008? It does not need to close under 10,000, but merely go below 10,000. After hours trading will not be considered for judgment. </p> <p>Let the community decide. Place your bets below. </p> <p><i>(Photo credit: Associated Press) </i></p> http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009#comments Business & Finance dow jones stock market stocks Mon, 15 Sep 2008 16:41:47 -0700 Eric Hill 115225 at http://www.thestandard.com. Dow Jones index dips below 10,000 by 2009? http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009 <p> <p> </p> <p>The unfolding crises in the U.S. housing and credit markets have led to an unprecendented crisis in the U.S. economy, sending <a href="/news/2008/09/15/world-markets-tumble-lehman-news">shockwaves to world markets</a> and causing the failure of some of Wall Street's biggest financial firms.</p> <p>The incredible velocity of the financial news coming from Wall Street and Washington came to a climax today, September 15, 2008, as the Dow plunged over 500 points with Lehman Brothers filing Chapter 11, Bank of America acquiring Merrill Lynch, and A.I.G. requiring massive handouts to stay propped up. The Dow closed below 11,000 for only the <a href="http://finance.yahoo.com/echarts?s=^DJI#chart12:symbol=^dji;range=20060419,20080422;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on" title="Dow Jones graphs">first time since July of 2006</a>.</p> <p>As the Dow shed over 4% in one day, the New York Stock Exchange (NYSE) <a href="http://www.nytimes.com/2008/09/16/business/worldbusiness/16markets.html?hp">saw it’s worst losses</a> in seven years. </p> <p>A dire economic environment could ultimately sour consumer confidence, investor confidence, consumer spending, venture funding, online advertising – all of which would have a detrimental <a href="/news/2008/09/15/picture-tech-stocks-slammed">impact on the tech market</a> and Internet businesses and startups.</p> <p><b>Prediction:</b> Will the Dow drop below 10,000 during intraday trading between now and December 31, 2008? It does not need to close under 10,000, but merely go below 10,000. After hours trading will not be considered for judgment. </p> <p>Let the community decide. Place your bets below. </p> <p><i>(Photo credit: Associated Press) </i></p> http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009#comments Business & Finance dow jones stock market stocks Mon, 15 Sep 2008 16:41:47 -0700 Eric Hill 115225 at http://www.thestandard.com. Dow Jones index dips below 10,000 by 2009? http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009 <p> <p> </p> <p>The unfolding crises in the U.S. housing and credit markets have led to an unprecendented crisis in the U.S. economy, sending <a href="/news/2008/09/15/world-markets-tumble-lehman-news">shockwaves to world markets</a> and causing the failure of some of Wall Street's biggest financial firms.</p> <p>The incredible velocity of the financial news coming from Wall Street and Washington came to a climax today, September 15, 2008, as the Dow plunged over 500 points with Lehman Brothers filing Chapter 11, Bank of America acquiring Merrill Lynch, and A.I.G. requiring massive handouts to stay propped up. The Dow closed below 11,000 for only the <a href="http://finance.yahoo.com/echarts?s=^DJI#chart12:symbol=^dji;range=20060419,20080422;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on" title="Dow Jones graphs">first time since July of 2006</a>.</p> <p>As the Dow shed over 4% in one day, the New York Stock Exchange (NYSE) <a href="http://www.nytimes.com/2008/09/16/business/worldbusiness/16markets.html?hp">saw it’s worst losses</a> in seven years. </p> <p>A dire economic environment could ultimately sour consumer confidence, investor confidence, consumer spending, venture funding, online advertising – all of which would have a detrimental <a href="/news/2008/09/15/picture-tech-stocks-slammed">impact on the tech market</a> and Internet businesses and startups.</p> <p><b>Prediction:</b> Will the Dow drop below 10,000 during intraday trading between now and December 31, 2008? It does not need to close under 10,000, but merely go below 10,000. After hours trading will not be considered for judgment. </p> <p>Let the community decide. Place your bets below. </p> <p><i>(Photo credit: Associated Press) </i></p> http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009#comments Business & Finance dow jones stock market stocks Mon, 15 Sep 2008 16:41:47 -0700 Eric Hill 115225 at http://www.thestandard.com. Dow Jones index dips below 10,000 by 2009? http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009 <p> <p> </p> <p>The unfolding crises in the U.S. housing and credit markets have led to an unprecendented crisis in the U.S. economy, sending <a href="/news/2008/09/15/world-markets-tumble-lehman-news">shockwaves to world markets</a> and causing the failure of some of Wall Street's biggest financial firms.</p> <p>The incredible velocity of the financial news coming from Wall Street and Washington came to a climax today, September 15, 2008, as the Dow plunged over 500 points with Lehman Brothers filing Chapter 11, Bank of America acquiring Merrill Lynch, and A.I.G. requiring massive handouts to stay propped up. The Dow closed below 11,000 for only the <a href="http://finance.yahoo.com/echarts?s=^DJI#chart12:symbol=^dji;range=20060419,20080422;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on" title="Dow Jones graphs">first time since July of 2006</a>.</p> <p>As the Dow shed over 4% in one day, the New York Stock Exchange (NYSE) <a href="http://www.nytimes.com/2008/09/16/business/worldbusiness/16markets.html?hp">saw it’s worst losses</a> in seven years. </p> <p>A dire economic environment could ultimately sour consumer confidence, investor confidence, consumer spending, venture funding, online advertising – all of which would have a detrimental <a href="/news/2008/09/15/picture-tech-stocks-slammed">impact on the tech market</a> and Internet businesses and startups.</p> <p><b>Prediction:</b> Will the Dow drop below 10,000 during intraday trading between now and December 31, 2008? It does not need to close under 10,000, but merely go below 10,000. After hours trading will not be considered for judgment. </p> <p>Let the community decide. Place your bets below. </p> <p><i>(Photo credit: Associated Press) </i></p> http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009#comments Business & Finance dow jones stock market stocks Mon, 15 Sep 2008 16:41:47 -0700 Eric Hill 115225 at http://www.thestandard.com. Dow Jones index dips below 10,000 by 2009? http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009 <p> <p> </p> <p>The unfolding crises in the U.S. housing and credit markets have led to an unprecendented crisis in the U.S. economy, sending <a href="/news/2008/09/15/world-markets-tumble-lehman-news">shockwaves to world markets</a> and causing the failure of some of Wall Street's biggest financial firms.</p> <p>The incredible velocity of the financial news coming from Wall Street and Washington came to a climax today, September 15, 2008, as the Dow plunged over 500 points with Lehman Brothers filing Chapter 11, Bank of America acquiring Merrill Lynch, and A.I.G. requiring massive handouts to stay propped up. The Dow closed below 11,000 for only the <a href="http://finance.yahoo.com/echarts?s=^DJI#chart12:symbol=^dji;range=20060419,20080422;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on" title="Dow Jones graphs">first time since July of 2006</a>.</p> <p>As the Dow shed over 4% in one day, the New York Stock Exchange (NYSE) <a href="http://www.nytimes.com/2008/09/16/business/worldbusiness/16markets.html?hp">saw it’s worst losses</a> in seven years. </p> <p>A dire economic environment could ultimately sour consumer confidence, investor confidence, consumer spending, venture funding, online advertising – all of which would have a detrimental <a href="/news/2008/09/15/picture-tech-stocks-slammed">impact on the tech market</a> and Internet businesses and startups.</p> <p><b>Prediction:</b> Will the Dow drop below 10,000 during intraday trading between now and December 31, 2008? It does not need to close under 10,000, but merely go below 10,000. After hours trading will not be considered for judgment. </p> <p>Let the community decide. Place your bets below. </p> <p><i>(Photo credit: Associated Press) </i></p> http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009#comments Business & Finance dow jones stock market stocks Mon, 15 Sep 2008 16:41:47 -0700 Eric Hill 115225 at http://www.thestandard.com. Dow Jones index dips below 10,000 by 2009? http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009 <p> <p> </p> <p>The unfolding crises in the U.S. housing and credit markets have led to an unprecendented crisis in the U.S. economy, sending <a href="/news/2008/09/15/world-markets-tumble-lehman-news">shockwaves to world markets</a> and causing the failure of some of Wall Street's biggest financial firms.</p> <p>The incredible velocity of the financial news coming from Wall Street and Washington came to a climax today, September 15, 2008, as the Dow plunged over 500 points with Lehman Brothers filing Chapter 11, Bank of America acquiring Merrill Lynch, and A.I.G. requiring massive handouts to stay propped up. The Dow closed below 11,000 for only the <a href="http://finance.yahoo.com/echarts?s=^DJI#chart12:symbol=^dji;range=20060419,20080422;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on" title="Dow Jones graphs">first time since July of 2006</a>.</p> <p>As the Dow shed over 4% in one day, the New York Stock Exchange (NYSE) <a href="http://www.nytimes.com/2008/09/16/business/worldbusiness/16markets.html?hp">saw it’s worst losses</a> in seven years. </p> <p>A dire economic environment could ultimately sour consumer confidence, investor confidence, consumer spending, venture funding, online advertising – all of which would have a detrimental <a href="/news/2008/09/15/picture-tech-stocks-slammed">impact on the tech market</a> and Internet businesses and startups.</p> <p><b>Prediction:</b> Will the Dow drop below 10,000 during intraday trading between now and December 31, 2008? It does not need to close under 10,000, but merely go below 10,000. After hours trading will not be considered for judgment. </p> <p>Let the community decide. Place your bets below. </p> <p><i>(Photo credit: Associated Press) </i></p> http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009#comments Business & Finance dow jones stock market stocks Mon, 15 Sep 2008 16:41:47 -0700 Eric Hill 115225 at http://www.thestandard.com. Dow Jones index dips below 10,000 by 2009? http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009 <p> <p> </p> <p>The unfolding crises in the U.S. housing and credit markets have led to an unprecendented crisis in the U.S. economy, sending <a href="/news/2008/09/15/world-markets-tumble-lehman-news">shockwaves to world markets</a> and causing the failure of some of Wall Street's biggest financial firms.</p> <p>The incredible velocity of the financial news coming from Wall Street and Washington came to a climax today, September 15, 2008, as the Dow plunged over 500 points with Lehman Brothers filing Chapter 11, Bank of America acquiring Merrill Lynch, and A.I.G. requiring massive handouts to stay propped up. The Dow closed below 11,000 for only the <a href="http://finance.yahoo.com/echarts?s=^DJI#chart12:symbol=^dji;range=20060419,20080422;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on" title="Dow Jones graphs">first time since July of 2006</a>.</p> <p>As the Dow shed over 4% in one day, the New York Stock Exchange (NYSE) <a href="http://www.nytimes.com/2008/09/16/business/worldbusiness/16markets.html?hp">saw it’s worst losses</a> in seven years. </p> <p>A dire economic environment could ultimately sour consumer confidence, investor confidence, consumer spending, venture funding, online advertising – all of which would have a detrimental <a href="/news/2008/09/15/picture-tech-stocks-slammed">impact on the tech market</a> and Internet businesses and startups.</p> <p><b>Prediction:</b> Will the Dow drop below 10,000 during intraday trading between now and December 31, 2008? It does not need to close under 10,000, but merely go below 10,000. After hours trading will not be considered for judgment. </p> <p>Let the community decide. Place your bets below. </p> <p><i>(Photo credit: Associated Press) </i></p> http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009#comments Business & Finance dow jones stock market stocks Mon, 15 Sep 2008 16:41:47 -0700 Eric Hill 115225 at http://www.thestandard.com. Dow Jones index dips below 10,000 by 2009? http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009 <p> <p> </p> <p>The unfolding crises in the U.S. housing and credit markets have led to an unprecendented crisis in the U.S. economy, sending <a href="/news/2008/09/15/world-markets-tumble-lehman-news">shockwaves to world markets</a> and causing the failure of some of Wall Street's biggest financial firms.</p> <p>The incredible velocity of the financial news coming from Wall Street and Washington came to a climax today, September 15, 2008, as the Dow plunged over 500 points with Lehman Brothers filing Chapter 11, Bank of America acquiring Merrill Lynch, and A.I.G. requiring massive handouts to stay propped up. The Dow closed below 11,000 for only the <a href="http://finance.yahoo.com/echarts?s=^DJI#chart12:symbol=^dji;range=20060419,20080422;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on" title="Dow Jones graphs">first time since July of 2006</a>.</p> <p>As the Dow shed over 4% in one day, the New York Stock Exchange (NYSE) <a href="http://www.nytimes.com/2008/09/16/business/worldbusiness/16markets.html?hp">saw it’s worst losses</a> in seven years. </p> <p>A dire economic environment could ultimately sour consumer confidence, investor confidence, consumer spending, venture funding, online advertising – all of which would have a detrimental <a href="/news/2008/09/15/picture-tech-stocks-slammed">impact on the tech market</a> and Internet businesses and startups.</p> <p><b>Prediction:</b> Will the Dow drop below 10,000 during intraday trading between now and December 31, 2008? It does not need to close under 10,000, but merely go below 10,000. After hours trading will not be considered for judgment. </p> <p>Let the community decide. Place your bets below. </p> <p><i>(Photo credit: Associated Press) </i></p> http://www.thestandard.com./predictions/dow-jones-index-dips-below-10-000-2009#comments Business & Finance dow jones stock market stocks Mon, 15 Sep 2008 16:41:47 -0700 Eric Hill 115225 at http://www.thestandard.com.