Can anyone comment on the significance of this index (http://stockcharts.com/charts/gallery.html?$DJUSPP) being at an all time low? Does this have something to dow ith the internet or a reflection of a really struggling business sector?
Just looking for insight.
thnx
Down Jones paper index, what does it mean?
Started by
rkd80
, Feb 02 2009 04:13 PM
3 replies to this topic
#1
rkd80
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Posted 02 February 2009 - 04:13 PM
“be right and sit tight”
#2
selecto
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Posted 02 February 2009 - 07:14 PM
Lumber at all time low. Trannies too. Something fundamental going on, no?
#3
klono
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Posted 02 February 2009 - 09:04 PM
Can anyone comment on the significance of this index (http://stockcharts.com/charts/gallery.html?$DJUSPP) being at an all time low? Does this have something to dow ith the internet or a reflection of a really struggling business sector?
Just looking for insight.
thnx
No new home construction, and very little small commercial construction = no demand for lumber. 4 years ago, it was in peak demand.
Wooden truss plants are shutting down.
It's a great time to replace the boardwalk at the beach.
#4
Rogerdodger
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Posted 02 February 2009 - 10:10 PM
Slowing economy 4 sure but also a sea change in the news business.
Newspapers are losing readership by the day.
It's an internet world.
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
