News Flash - Bulletin…
On Tuesday morning October 7th the iVote question was , ” Will the Dow continue to fall?”.
That day Americans had seen the Dow take its 3rd largest drop in the history of the Industrial average. The markets closed on Tuesday night with the index at just below the 10,000 mark.
Most people believed the markets were not going to drop much further as Congress had just passed the largest (700billion +) recovery bailout in the history of American financial system. But here at iVote headquarters we just wanted to know the pulse of real every day American citizens. What were they on main street thinking and stating publicly.
A whopping 65% said the Dow was not finished with its collapse. Many leaving dire comments:
CentralCalChick stated, “I hope it gets better. I check the stocks that my 401k is wrapped up in and it scares me!”
byers wagered, ” it will bottom out around 7500 - 8000.”
Mainiak believes, “we’re in for 1 - 2 years of ****“.
Foo786 gave the longest and most discouraging comment, ” For those of you who don’t know it, the world is coming to an end. All will be rolled up and burnt… …you are all doomed and you brought this upon yourselves….”
Most are skeptical but more believe the markets were bound for some type of correction.
As of Friday morning, October 10th, the Dow was below 8000 and falling still.
This blogger is just praying that iVoters are right in believing the bottom is around 7500.
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